Wollito UAB

The firm has implemented additional security measures following an investigation that found “only a few” 3Commas user accounts were compromised.

3Commas on ‘heightened alert’ after several user accounts hacked

Crypto trading bot provider 3Commas is on “heightened alert” after some of its users’ accounts were compromised and used to place trades. An Oct. 8 blog post&nbs...

11 months ago

The firm cited difficulty in achieving “net positive cash flow” in making the decision.

Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report

Bitcoin application-specific integrated circuit (ASIC) manufacturer Bitmain has paused employee salary payments for September and beyond. According to recent local news reports, c...

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

In the second week of his fraud trial, SBF will face testimonies against him from witnesses, including former partner and CEO of Alameda Research Caroline Ellison.

Sam Bankman-Fried FTX fraud trial continues: What to expect in the second week

The second week of the Sam “SBF” Bankman-Fried FTX fraud trial will commence its hearings again on Monday, Oct. 9, with one of the main focal points anticipated to be testimony from ...

11 months ago

HTX was drained of 5,000 ETH in late September and moved swiftly to get the funds back from the hacker.

HTX claws back $8M in stolen funds, issues 250 ETH bounty to hacker

Huobi Global’s crypto exchange HTX has confirmed the return of the funds stolen by a hacker in late September and issued a 250 Ether bounty after resolving the issue. One of...

11 months ago

FTX’s so-called “Backstop Fund” figure was a big lie, according to the crypto exchange’s former chief technology officer.

FTX used Python code to fake its insurance fund figure — Gary Wang

Crypto exchange FTX used hidden Python code to misrepresent the value of its insurance fund — a pool of funds meant to prevent user losses during huge liquidation events — according ...

11 months ago

The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws.

US consumer watchdog mulls applying e-banking laws to crypto

The top United States agency for consumer financial protection is considering using the Electronic Fund Transfer Act (EFTA) to protect consumers from fraudulent crypto transfers. Speak...

11 months ago