Wollito UAB

Prime Trust subsidiary Banq has filed for bankruptcy as a result of “internal struggles and unauthorized transfers.

Prime Trust Owned Banq Files for Bankruptcy Amid Internal Struggles

In its filing, Banq mentioned unauthorized transfers by former officers of computers, trade secrets, proprietary information and technology, and business records, to Fortress NFT Group, Inc...

1 year ago

There are still no formal plans for a US digital dollar, with the Treasury continuing to explore what a CBDC might look like.

Digital dollar may trigger ‘bank run’ into CBDC: Treasury official

The US Treasury has been actively looking into how to make the most of a potential digital dollar, taking into account both national security and privacy. Graham Steele, a Treasury off...

1 year ago

Blockchain industry stakeholders in Australia are taking a stand against recent restrictions by local banks on crypto payments.

Australia's Crypto Industry Body Denounces Recent Banking Restrictions

Industry body, Blockchain Australia, called out restrictions and said it wants to tackle the issue "head-on by using real data," in a Wednesday announcement. Recently, A...

1 year ago

Stuart Alderoty is joined by a number of other high-profile individuals calling for an investigation into the former Securities and Exchange Commission official.

Ripple’s Alderoty calls for probe into Bill Hinman and his infamous speech

Ripple’s chief legal officer has called for an investigation into the motivations that led to former Securities and Exchange official William Hinman delivering his now-infamous speech in 2...

1 year ago

United States District Judge Amy Berman Jackson has ordered the two entities to work toward a compromise.

SEC and Binance US to negotiate deal avoiding total asset freeze

Binance.US and the United States Securities and Exchange Commission have agreed to work on an arrangement that will allow the exchange to avoid freezing all of its assets. On June 14, ...

1 year ago

The MicroStrategy co-founder believes crypto-related regulatory enforcement action will play in Bitcoin’s favor.

Crypto industry ‘destined’ to be BTC-focused due to regulators: Michael Saylor

Enforcement actions on cryptocurrency firms by regulators in the United States could result in a Bitcoin BTC$ 25,925-focused industry that will push its price over $250,000, according to Mi...

1 year ago

The company is on a hiring spree, and is on the lookout for artificial intelligence researchers, software engineers and product developers.

AI startup by ex-Meta and Google researchers raises $113M in seed funding

A new artificial intelligence (AI) startup and rival to ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing its valuation to $260 million just two months after its launch....

1 year ago

As music NFT platform Sound.xyz adds support for Ethereum layer-2 Optimism, the projects' co-founders deliver a rousing tribute to Vitalik.

You Can Mint This Ridiculous Song About Vitalik Buterin as a Free NFT

The crypto community has, historically, adorned certain male founders with reputations so epic they verge on myth—from Zeus-like Bitcoin founder Satoshi Nakamoto, ...

1 year ago

The proposed set of upgrades radically reimagines almost every aspect of the network from architecture to governance.

Polygon Unveils Version 2 ‘Value Layer’ of the Internet Amid SEC Scuffle

On June 12, Polygon Labs introduced Polygon 2.0, the “Value Layer of the Internet.” The internet facilitates the creation of information, but the Value Layer allows anyone to create,...

1 year ago

Users can withdrawal deposits after waiting for five days

Tokenized US Treasury bills are entering emerging markets

A way to earn sustainable yield has landed in Southeast Asia. Cryptocurrency asset management platform Finblox is bringing tokenized US Treasurys to emerging markets across Southeast A...

1 year ago