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

Lax security practices seemed to be a feature of the former crypto trading titan.

Alameda Lost Nearly $200M to Phishing Attacks, Ex-Engineer Says

You’d expect big-name traders to ensure high levels of security and steps in place to protect against phishing attacks and hacks, both of which plague the crypto ecosystem. But n...

11 months ago

“I didn’t feel good about it,” Ellison said.

SBF's ex-girlfriend: He 'directed me' to steal billions from FTX

Caroline Ellison was one of Sam Bankman-Fried’s top deputies and his onetime romantic partner. On Tuesday she testified that Bankman-Fried "directed me" to steal billions from cu...

11 months ago

The recent release of Pi Network’s roadmap plans has caused a stir among its followers. However, for some, these updates just aren’t enough…

Pi Network Announces New Two-Stage Roadmap: Some Followers Prove Cynical

As announced in a blog post on October 9, and subsequently shared on X (Twitter) by @PiNewsMedia , Pi Network has announced the rollout of a new roadmap in two stag...

11 months ago

Israeli authorities had previously seized around 190 Binance accounts with alleged ties to terrorist groups.

Hamas-Linked Crypto Accounts Frozen by Israeli Police, With Binance's Help: Report

Israeli police have frozen cryptocurrency accounts linked to Palestinian militant group Hamas, local media outlet Calcalist reported Tuesday, citing an official press statement. ...

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 purchase was funded from a digital wallet, which has been a part of the chain of transactions, anonymized by the Ethereum coin mixing service Tornado Cash

Mistake or money laundering? User pays $1.6 million for CrypToadz NFT

One of the CrypToadz non-fungible tokens (NFTs), whose average price doesn’t exceed $1000, was bought for an astonishing 1,055 Wrapped Ethereum (WETH), an equivalent to $1.6 million. ...

11 months ago

The Israeli police cyber unit have frozen cryptocurrency accounts used by Hamas to raise donations via social media, Jerusalem Post reported.

Israeli Authorities Freeze Crypto Donation Accounts Linked to Hamas

This action comes as part of a broader effort to curb the flow of funds into the hands of the terrorist organization, especially during times of conflict. The cyber unit's investig...

11 months ago

The EU's MiCA framework promotes traditional institutions in cryptocurrency. In 2023, Bitstamp witnessed considerable corporate onboarding growth.

Bitstamp in Talks with European Banks to Offer Crypto Services Amidst Regulatory Ease

Bitstamp has disclosed its ongoing discussions with three prominent European banks about assisting them in launching cryptocurrency services. These discussions are poised to bear fruit in the fi...

11 months ago

Cyprus Strengthens Cryptocurrency Sector Regulation

Cyprus to impose strict penalties for unregulated crypto service providers

In a move aimed at bolstering its regulatory framework in the cryptocurrency sector, Cyprus is planning to introduce stringent penalties for cryptocurrency service providers (CSPs) who fail to r...

11 months ago