Wollito UAB

Despite his agency suffering a slew of losses in the courts, Gensler is sticking to his guns at the Senate Banking Committee hearing.

SEC’s Gary Gensler to hold firm on crypto enforcement in Senate hearing

Seemingly unfazed by a recent slew of court setbacks, United States Securities and Exchange Commission Chair Gary Gensler remains resolute that his agency should be the one to reign over crypto,...

1 year ago

The announcement follows the launch of a $100 million fund back in April focused on investing in crypto projects in Asia.

Bitget announces further $100M fund for ecosystem development

Crypto derivatives platform Bitget has announced a new fund focusing on growing its ecosystem and investing in regional exchanges, analytics firms, media organizations and entities that can cont...

1 year ago

The Ethereum co-founder has regained control of his T-Mobile account, confirming that a SIM-swap attack resulted in the hack of his X account.

Vitalik Buterin reveals X account hack was caused by SIM-swap attack

Ethereum co-founder Vitalik Buterin has confirmed that the recent hack of his X (Twitter) account was the result of a SIM-swap attack. Speaking on the decentralized social media networ...

1 year ago

The DeFi Education Fund says a patent owned by True Return Systems is being used to try to profit from lawsuits against decentralized protocols.

DeFi group petitions to stop ‘patent troll’ targeting DeFi protocols

A decentralized finance (DeFi) advocacy body has petitioned the United States Patent and Trademark Office (USPTO) to review a patent owned by a company it has accused of being a a “patent ...

1 year ago

According to court filings, the board will be expanded to nine seats

Ex-Algorand CEO Steve Kokinos tapped to lead Celsius 2.0

NewCo may soon have a new CEO. The new company would rise from the ashes of the bankrupt crypto lender Celsius. A filing on Friday, Sept. 8 nominates nine new directors...

1 year ago

The defunct crypto exchange is seeking regulatory approval to liquidate $3.4 billion worth of crypto assets.

FTX Looks to Offload Billions in Crypto: Here’s What it Means

It’s set to be a busy week for FTX’s legal team. The exchange is seeking regulatory approval to liquidate $3.4 billion in crypto assets, and FTX lawyers are also suing LayerZero...

1 year ago

FinoaConnect provides the firm’s 300-plus institutional clients with wallet integration for a curated list of permissioned DeFi and Web3 platforms.

BaFin-Licensed Crypto Custodian Finoa Will Offer Regulated DeFi

Berlin-based cryptocurrency custody firm Finoa is extending its range of brokerage and crypto staking services to include easy access to a regulatory-compliant form of decentralized fi...

1 year ago

Solana slid into the outflow column this week as Bitcoin’s outflows streak continued.

XRP bucks trend as crypto assets experience 4th straight week of outflows

Cryptocurrency asset outflows for the week of Sept. 3 through 9 totaled $59.3 million, bringing the current run to $249 million over four consecutive weeks. Bitcoin BTC $25,...

1 year ago

Ava Labs is testing a high-throughput framework that will enable developers to build their own virtual machines.

Avalanche’s HyperSDK blockchain upgrade hits 143K TPS on testnet

Smart contract layer-1 blockchain network Avalanche's testnet has reportedly hit over 140,000 transactions per second during testing of its HyperSDK blockchain upgrade. Avalanche&n...

1 year ago

User activity on Friend.tech has witnessed a major resurgence after briefly fizzling last week.

Friend.tech TVL tops $20M weeks after being declared ‘dead’

Decentralized social media platform Friend.tech has seen a sudden surge in total value locked (TVL), doubling to reach more than $20 million within the last four days. Only two w...

1 year ago