Wollito UAB

SEC Backed into Corner

Spot Bitcoin ETF Issuers in Fee War Ahead of Possible SEC Approval

Spot Bitcoin exchange-traded fund (ETF) fee war has commenced before the US Securities and Exchange Commission (SEC) has even approved the product. Spot Bitcoin ETF fees are as follows...

8 months ago

According to data, crypto and digital payments companies paid nearly $6 billion in fines in 2023 for shortcomings in customer checks and anti-money laundering controls violations.

Crypto firms paid $5.8b in fines in 2023, more than entire traditional finance system

Crypto and fintech groups faced fines exceeding those of the entire traditional financial system in 2023, the Financial Times reports, citing data compiled by software provider Fenergo. Dat...

8 months ago

Futures tracking crypto markets saw some $155 million in shorts liquidated in the past 24 hours after a sudden uptick in prices in U.S. hours.

Bitcoin ETF Approval Expected Soon, Bears Lose $100M

Traders betting against higher bitcoin (BTC) prices lost over $100 million in the past 24 hours as expectations of a spot bitcoin exchange-traded fund (ETF) approval i...

8 months ago

Bit24.cash – “Wholly Untrue”

Iranian Crypto Exchange Bit24.cash Reportedly Exposes Sensitive Data of Nearly 230K Users

Iranian crypto exchange Bit24.cash users reportedly suffered a significant data breach exposing sensitive data of nearly 230K citizens. However, the exchange dismissed the allegation as “w...

8 months ago

The encrypted data was inscribed over 332 transactions with fees ranging from $14 to $2,500 in satoshis, but the motive is still a complete mystery.

Mysterious Bitcoiner spends $64K to inscribe 9MB of data on Bitcoin

An unidentified Bitcoiner has just spent approximately $64,000 in fees to inscribe nearly 9 megabytes of raw binary data on the Bitcoin blockchain. According to a Jan. 7 post on X (for...

8 months ago

Security experts issue warnings as malicious actors distribute fake Calendly bot clones on X, posing as crypto journalists.

Scammers impersonate crypto journalists with malicious Calendly links on X

According to an X post from blockchain security firm SlowMist, con artists are targeting Chinese-speaking victims by pretending to be crypto journalists. The scammers se...

8 months ago

Releasing them suggests they’re confident the SEC will approve the first U.S. spot bitcoin ETFs soon.

Final Bitcoin ETF Application Filings Get Posted by Major U.S. Exchanges

U.S. spot bitcoin exchange-traded funds (ETFs) appear to be on the verge of launching after the exchanges that will list them filed amended documents, suggesting they expect U.S. Securities and ...

8 months ago

Digital Currency Group (DCG) has successfully settled over $1 billion in debt, including the substantial amount of nearly $700 million owed to its bankrupt subsidiary, Genesis.

Digital Currency Group has Settled Over $1 Billion in Debt, Including $700 Million Owed to Bankrupt Genesis

The debt settlement process began after Genesis filed a lawsuit against DCG and its affiliate, DCG International Investments (DCIG), in September. Genesis sought to recover appro...

8 months ago

ACE Fraud Scheme

Taiwanese Crypto Exchange ACE Founder, Employees Arrested Over Fraud Allegations

Taiwan’s leading crypto exchange ACE and its masterminds have been accused of making false claims around speculative token listings to defraud investors. The local city police on...

8 months ago

Renowned crypto lawyer John Deaton has volunteered to testify at a congressional hearing on cryptocurrencies scheduled for January 10.

Vocal XRP Advocate John Deaton Volunteers to Testify at Crypto Hearing

On Thursday, Deaton took to X (formerly Twitter), expressing his willingness to represent the interests of several individual token holders. He offered to testify, at the hearing by th...

8 months ago