Wollito UAB

The dYdX market recorded a trading volume of $757 million, taking the top spot in 24-hour volume.

Cosmos-powered dYdX claims top spot in DeFi, beats Uniswap in daily trading

Decentralized finance (DeFi) protocol dYdX’s Cosmos-based market surpassed one of Uniswap’s markets as the largest decentralized exchange (DEX) by 24-hour trading volume on Jan 18.

8 months ago

How A Point Racing Team Utilizes Digital Yuan

Shanghai Court Issues Verdict in First Digital Yuan Money Laundering Case

A Shanghai court has issued a verdict for the first instance of money laundering using Chinese digital yuan and cryptocurrency, marking a significant legal precedent of crypt...

8 months ago

Crypto firms have to do checks on transactions of 1,000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.

EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering

Policymakers in the European Union on Wednesday reached a provisional deal on parts of a comprehensive regulatory package to combat money laundering that will force all crypto firms to...

8 months ago

Joseph Bankman and Barbara Fried said the lawsuit seeks to “capitalize on the sheer fact” they were the parents of the former FTX CEO.

Sam Bankman-Fried’s parents seek dismissal of FTX clawback lawsuit

The parents of former FTX CEO Sam Bankman-Fried are seeking to have FTX’s lawsuit against them dismissed, rejecting claims they knew about the problems at the crypto exchange and knowingly...

8 months ago

The U.S. Internal Revenue Service didn’t state when it intends to issue new regulations detailing how U.S. businesses will need to report cryptocurrency transactions.

IRS steps back crypto tax rules, exempting TXs over $10K from obligations

United States businesses won’t yet need to report cryptocurrency transactions above $10,000 to the Internal Revenue Service (IRS) until the tax agency releases a regulatory framework. ...

8 months ago

On Jan. 16, spot Bitcoin ETFs generated $1.8 billion in volume — more than three times the combined trading volume that same day of all 500 ETFs launched in 2023.

Bitcoin ETFs top 3X daily volume of all 500 ETFs launched in 2023 combined

The total volume across 10 spot Bitcoin exchange-traded funds (ETFs) on Jan. 16 has, on the same day, outpaced the total volume for all 500 ETFs launched in 2023 more than three ...

8 months ago

Roughly $1.1 billion has flowed from Grayscale’s ETF in the last three days as traders hit the exit after its discount narrowed.

Estimated $1.1B flees GBTC in 3 days as ARK begins buying own Bitcoin ETF

An estimated $1.1 billion has flowed from Grayscale’s spot Bitcoin exchange-traded fund (ETF) in the last three days of trading as investors rushed to exit the fund after its discount...

8 months ago

The bills could create significant roadblocks to a CBDC in the United States.

Multiple US Senate bills object to CBDC definition as ‘money’

Bills against referring to central bank digital currency (CBDC) as money have been filed in the states of Utah, South Carolina, South Dakota and Tennessee. The bills would exclude a CBDC from th...

8 months ago

Vitalik Buterin, the co-founder of Ethereum (ETH), has ignited a debate about the classification of various layer 2 scaling solutions.

Ethereum Co-Founder Vitalik Buterin Says Validiums are Not Genuine Rollup Solutions

The crypto veteran has claimed that Ethereum’s validiums should not be considered genuine rollup solutions. The statement came in response to a post by Daniel Wang, the foun...

8 months ago

Since their recent launch in the United States, spot Bitcoin ETFs have achieved a cumulative trading volume of nearly $10 billion within just three days.

U.S. Spot Bitcoin ETFs Reach $10B Trading Volume in 3 Days; Grayscale Accounts for Over Half of that Figure

According to Bloomberg analyst James Seyffart, the standout performer among the spot Bitcoin ETFs is Grayscale’s GBTC, which recorded an impressive three-day trading volume of $5.174 ...

8 months ago