Wollito UAB

The exchange is optimizing operations after acquiring ErisX on the eve of crypto winter and expects to save millions.

Cboe reorganization will merge or eliminate digital arm’s activities

Equity exchange network Cboe Global Markets has announced plans to reorganize its digital assets trading operations, including eliminating its digital spot market. Cboe said it will re...

4 months ago

Custodia Bank is challenging a lower court’s ruling in its battle for a Federal Reserve master account.

Custodia Bank takes case to higher court after March setback

Custodia Bank has filed a notice of appeal with the United States Tenth Circuit Court of Appeals, challenging a lower court’s decision from March denying its attempt to officiall...

4 months ago

Tether’s brand new division Tether Evo has completed a $200 million strategic investment in the neural implant firm.

Stablecoin firm Tether invests $200M in neurotech company

Tether — the operator of the eponymous Tether USDT $1.00 stablecoin, the world’s largest stablecoin by market value — has completed a ...

4 months ago

NH Management’s Tao Xiao explained that VARA’s objective is not to hinder progress but to secure the market’s integrity.

Dubai does for crypto what Silicon Valley did for tech — Gov’t affairs firm CEO

Although Dubai’s Virtual Assets Regulatory Authority (VARA) has deployed comprehensive requirements for the crypto space, professionals working in licensing believe that the lengthy proces...

4 months ago

Airdrops from two cat-themed memecoins may have paid off the entire pre-order value of the Solana ‘Chapter 2’ mobile device.

Solana Mobile ‘Chapter 2’ airdrops briefly exceed cost of pre-order

Pre-order holders of Solana’s ‘Chapter 2’ mobile phone had a brief chance to profit from the yet-to-be-released mobile phone — after memecoins airdropped to buyers briefl...

4 months ago

The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightclubs and firearms.

SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Geosyn Mining and its co-founders, alleging they defrauded investors out of $5.6 million by lying about the...

4 months ago

KPMG Canada partner Kunal Bhasin says rising debt and increasing inflation have likely attracted institutional investors into crypto.

39% of Canada’s institutional investors have exposure to crypto: KPMG

Canada-based institutional investors significantly increased their crypto exposure last year compared to the last bull run, a survey from accounting firm KPMG has revealed. Nearly 40% ...

4 months ago

The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings.

Banks could flood into stablecoins if new bill passes: S&P Global

A new stablecoin-focused bill introduced to the United States Senate could “encourage” U.S. banks to step into the stablecoin market, says global ratings firm S&P Global Ratings....

4 months ago

Legal Challenges Prompt DCG’s Hire

DCG Boosts Legal Arsenal with First Chief Hire During New York AG Dispute

Digital Currency Group (DCG), parent firm of bankrupt crypto lender Genesis, has brought on its first-ever chief legal officer as it faces a lawsuit from New York’s Attorney General. ...

4 months ago

The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021.

Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’

Payments firm Block, formerly known as Square, has announced plans to develop a Bitcoin mining system in response to challenges faced by mining operators. In an April 23 blog post, Blo...

4 months ago