Wollito UAB

“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox.

FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research

Slated cash repayments to FTX creditors could create a wave of bullish “buying pressure” in the crypto market, says K33 Research analysts. FTX is set to pay a minimum of&nb...

4 months ago

The transfer of the bankruptcy claim from FTX EU to FTXcreditor could have a significant impact on stakeholders.

Small creditors put at risk by latest FTX bankruptcy development

A significant claim against FTX EU — previously known as K-DNA Financial Services —has been transferred to FTXcreditor in the latest development in the FTX bankruptcy case. The trans...

4 months ago

Over half a million people are already on the waitlist for Humanity Protocol’s public testnet launch, expected to take place in the back half of 2024.

Blockchain ID project Humanity Protocol hits unicorn status with $30M raise

Decentralized identity solution Humanity Protocol is officially a unicorn after a recent $30 million raise lifted its valuation to $1 billion. The $30 million Seed Round was led by Kin...

4 months ago

International hedge fund Millennium Management has reported it holds $1.94 billion across five different spot Bitcoin ETF products.

Millennium Management discloses $2B in Bitcoin ETF holdings

International hedge fund Millennium Management has revealed it holds nearly $2 billion in spot Bitcoin exchange-traded-funds (ETFs) as of the first quarter of 2024. Millennium he...

4 months ago

Robinhood Crypto has chosen Europe to launch its first staking product, offering customers Solana staking with a 5% yield at launch.

Robinhood rolls out SOL staking to European markets

Trading platform Robinhood is targeting European users to expand its crypto services as legal challenges loom in the United States. On May 15, the company announced its first crypto-staking prod...

4 months ago

Physical versions of the popular Pudgy Penguin NFT collections are selling like hotcakes after a rocky start.

Pudgy Penguin sells 1M plushies, Donald Trump making ‘NFTs hot again:’ Nifty Newsletter

Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter wi...

4 months ago

The program has added five startups and will trial various payment technologies ranging from blockchain to Web3.

Mastercard launches ‘next generation’ of blockchain payments startup program

Fintech giant Mastercard announced on May 15 that five new startups have joined its Start Path Blockchain and Digital Assets program. The Start Path Blockchain and Digital Assets...

4 months ago

The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler.

SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel

The United States securities regulator has turned crypto regulation into a “political football,” and its “open hostility” isn’t helping President Joe Biden, says Re...

4 months ago

Travelers around the world are ready to discover new destinations, and blockchain is here to help connect local attractions to global experiences.

Web3 travel app turns regional experiences into mintable NFTs

Traveling to a new region always conjures up delightful experiences and vivid memories. From visiting a historical ruin for the first time to randomly attending a local musician’s performa...

4 months ago

Salim Ramji spoke highly of Bitcoin and blockchain technology when overseeing BlackRock’s spot Bitcoin ETF filing.

Vanguard names Bitcoin-friendly former BlackRock exec as new CEO

Asset management giant Vanguard has named Bitcoin-friendly former Blackrock executive Salim Ramji as its new CEO. With Ramji overseeing the approval and launch of BlackRock’s spo...

4 months ago