Wollito UAB

Amicus briefs filed to support the SEC argue crypto is insignificant, only used for speculation, and captured by existing investor-protection rules.

U.S. State Regulators Intervene in Coinbase’s Unregistered Securities Case

Coinbase is fighting a potentially existential case from federal regulators who argue it operated an unregistered securities exchange. Three new legal filin...

11 months ago

The Culture Media and Sport Committee accused clubs of 'promoting volatile cryptoasset schemes to extract additional money from loyal supporters'.

Football clubs should be stopped from using crypto tokens for fan engagement, say MPs

Football clubs should be prevented from selling crypto-based "fan tokens" as part of engagement with supporters by the sport's incoming regulator, according to a cross-party commit...

11 months ago

The firm cited difficulty in achieving “net positive cash flow” in making the decision.

Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report

Bitcoin application-specific integrated circuit (ASIC) manufacturer Bitmain has paused employee salary payments for September and beyond. According to recent local news reports, c...

11 months ago

Finance ministers and central bank governors are all set to meet for the final time under India’s G20 presidency on October 12 and 13 in Marrakesh, Morocco.

India to Push Crypto Regulation Talks at Final FMCBG Meet in Morocco

The roadmap for crypto regulations is expected to be one of the major key agendas during the meeting. India will seek to ensure that the issues that were part of the New Delhi Declaration are pu...

11 months ago

ChatGPT CEO Sounds the Alarm: US Government's Ambitions on Bitcoin Control

ChatGPT CEO warns US government wants to control Bitcoin

Sam Altman, the founder of OpenAI, the parent company behind the interactive artificial intelligence (AI) platform ChatGPT, has voiced his concerns about the future of Bitcoin (BTC) and cryptocu...

11 months ago

The figure is more than double recorded in the first half of 2022 and a massive 1,800% increase from the same period in 2020, according to Dunamu.

Crypto exchange Upbit targeted by hackers 159K times in H1: Report

South Korean cryptocurrency exchange Upbit has been targeted by hackers on more than 159,000 occasions in the first half of 2023, according to its operating firm. The figures were repo...

11 months ago

Binance, once the uncontested titan in the cryptocurrency exchange arena, has seen its spot market share diminish for seven consecutive months

Binance Losing Market Dominance at Rapid Pace

Binance, the leading cryptocurrency exchange, has observed its spot market share fall consecutively for seven months. The crypto giant now accounts for a mere 34% of the market, according to a r...

11 months ago

Telegram founder Pavel Durov has repeatedly pointed out the role of the TON blockchain in Telegram’s potential Web3 journey.

TON raises 8-figure sum from MEXC to make Telegram a Web3 super-app

The Open Network (TON) — a decentralized blockchain platform initially designed by Telegram — has secured major funding from the venture arm of the cryptocurrency exchange MEXC. ...

11 months ago

SEC Chair Gary Gensler Faces Tough Questions on Cryptocurrency, Labeled 'The Regulatory Enforcer

US House Committee Grills SEC Chair Gary Gensler Over Crypto, Dubbed 'Tonya Harding of Regulation'

In a congressional hearing on September 27, the chair of the United States Securities and Exchange Commission (SEC) Gary Gensler, faced a barrage of questions and criticisms regarding ...

11 months ago

The block was invalidated due to a "transaction ordering issue."

Bitcoin Miner Marathon Confirms Mining Invalid BTC Block Due to a Bug

Bitcoin mining company Marathon Digital (MARA) has mined an invalid Bitcoin block at height 809478, according to several developers, miners and researchers. The miner confirmed&nb...

11 months ago