Wollito UAB

With the new divisions, Tether aims to expand its mission to provide a range of new infrastructure solutions, investments and services.

Tether announces restructuring to go beyond stablecoins

Tether — the operator of the eponymous Tether stablecoin, the world’s largest stablecoin by market value — is restructuring to introduce new divisions beyond st...

5 months ago

Binance’s billion-dollar emergency fund was previously held in three wallets: Bitcoin, Tether, True USD and BNB.

Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

The world’s largest crypto exchange, Binance, is converting its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin stablecoin and now holds 3% of its circulating supply.&...

5 months ago

Escaped South Korean Criminal ‘Had Help from Others’

Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’

The Ministry of Justice said on April 17 that the suspect was being held at the Seoul Detention Center on fraud charges. The center allowed the suspect to leave in November 2023 to att...

5 months ago

Binance and nine foreign crypto exchanges were blocked in India over non-compliance with local AML regulations.

Binance to return to India after paying $2M fine for non-compliance: Report

Binance crypto exchange is set to return to India after a four-month ban by paying a $2-million fine for non-compliance, according to a

5 months ago

Unreported Income from Crypto Mining in Sweden

Sweden Busts 18 Data Centers for Secretly Mining Crypto

Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday. The i...

5 months ago

Veyond Metaverse aims to mimic the traditional cadaver experience in visceral detail with Apple’s mixed reality device.

Doctors turn to Apple’s Vision Pro headset to practice surgery amid cadaver shortage

Veyond Metaverse, a medical technology company, recently announced that its medical telepresence platform would expand its footprint to the Apple Vision Pro. The company’s ...

5 months ago

The suspension of Ten&Ten’s Travel Rule Solution service led to Upbit halting deposits and withdrawals exceeding the equivalent of $721.

Upbit suspends crypto transactions exceeding 1 million won

Upbit — one of South Korea’s largest crypto exchanges — will suspend deposits and withdrawals of digital assets of more than 1 million Korean won ($721). The move com...

5 months ago

Eleven member organizations are taking part in the experiment focusing on the United Kingdom's RLN.

UK trade association experiments with Regulated Liability Network

UK Finance, a banking and finance trade association based in the United Kingdom, has announced the beginning of an experimental phase focusing on the U.K. Regulated Liability Network (RLN). Elev...

5 months ago

The firm’s CEO, Eowyn Chen, shared a screenshot of the supposed “high-risk” exploit being sold on the dark web for a whopping $2 million.

‘Disable iMessages’ ASAP to avoid crypto zero-day exploit: Trust Wallet

Crypto wallet provider Trust Wallet is urging Apple users to disable iMessage, citing “credible intel” of a zero-day exploit that could allow hackers to take control of users’ ...

5 months ago

Prosecutors claim the “cryptojacking” scheme stole cloud computing resources to mine nearly $1 million worth of crypto.

Cryptojacker conned $3.5M from cloud firms to mine crypto, feds allege

United States prosecutors have charged a man with wire fraud and money laundering charges after he allegedly defrauded two cloud computing providers to run a “large-scale illegal &lsq...

5 months ago