Wollito UAB

Beware of the El Paso Crypto Scam: Fake FBI Letters Preying on Identity Theft Fears

Texas city locals warned of crypto scam impersonating FBI

The Federal Bureau of Investigations (FBI) in El Paso has warned the city’s residents of a crypto scam that convinces targets to send cryptocurrency and other funds, under the guise that t...

11 months ago

CBDC Programmability Can Be Used for Macro Economic Management

China's FX Minister Suggests CBDC Programmability for Macroeconomic Management

An official from China's foreign exchange regulatory body has suggested the potential use of "programmable features" within China's Central Bank-Backed Digital Currency (CBDC) ...

11 months ago

On-chain social platform, Star Arena has announced a recovery of assets drained from its platform over the weekend following an agreement with the hacker.

Avalanche-based Star Arena Recovers 90% of Hacked Funds, Offers 10% Bounty

In a post on X (formerly Twitter), the platform disclosed that 90% of user assets have been recovered while the hacker was offered a 10% bounty. The agreement means the com...

11 months ago

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

Electronic currencies have been used by terrorist groups to evade financial sanctions

Hamas terrorists were sent millions in crypto before Israel attack

Hamas and its allies were sent hundreds of millions of pounds’ worth of cryptocurrencies in the months before the terrorist group’s attacks on Israel. More than $134m ...

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