Wollito UAB

As per SlowMist’s latest research report, Ethereum experienced the highest losses, amounting to $487 million, followed by Polygon.

Ethereum suffered highest losses due to rug pulls and hacks, data shows

According to the SlowMist report, a total of 464 security incidents resulted in losses totaling almost $2.5 billion in 2023. The figure marks a 34.2% decrease in losses compared to 2022, wh...

8 months ago

Coinbase remains the most significant asset in the ARKF ETF portfolio, accounting for nearly $109 million of its asset value as of Jan 4.

ARK Invest sells another 166,000 Coinbase shares worth $25M

Cathie Wood’s ARK Invest sold $25 million worth of crypto exchange Coinbase (COIN) shares on Jan. 3 as the stock dropped 3% to $152.24. The United States-based asset management company has...

8 months ago

South Korea’s financial regulator is concerned about illegal outflows and money laundering risks from citizens using credit cards to buy crypto from overseas exchanges.

South Korea proposes ban on credit card payments for cryptocurrencies

South Korea’s top financial regulator is proposing to change the country’s credit finance laws to prohibit local citizens from purchasing cryptocurrency with credit cards. ...

8 months ago

Grayscale Investments is reportedly in talks with JPMorgan and Goldman Sachs about being authorized participants for its proposed spot Bitcoin ETF.

Grayscale in talks with JPMorgan, Goldman Sachs for Bitcoin ETF role: Report

Crypto asset manager Grayscale Investments is reportedly in talks with firms, including JPMorgan and Goldman Sachs, about a potential role in its proposed spot Bitcoin exchange-tr...

8 months ago

Azuki’s researcher in residence, Waleswoosh, believes this is legal under certain circumstances.

NFT projects begin to give away ‘free’ company equity to holders

During the holiday season, the founders of two nonfungible token (NFT) collections announced that they would be giving away company equity to NFT holders. On Dec. 25, Pons Asinorum, fo...

8 months ago

Against the falling Bitcoin (BTC) exchange rate, the daily liquidation volume on the crypto market approached $700 million.

Traders liquidate almost $700m amid Bitcoin’s precipitous decline

Traders liquidated $698 million worth of positions in the last 24 hours, according to Coinglass data. The majority came from BTC, $11.1 million, with the vast majority coming from shor...

8 months ago

The DeFi protocol Gamma Strategies potentially lost nearly $500,000 in an exploit, according to blockchain investigator PeckShield.

Gamma protocol investigates potential attack that drained Ether

Ethereum-based asset management protocol Gamma Strategies announced an investigation into an ongoing security incident that potentially drained at least 211.9 Ether ETH $2,224

8 months ago

Decentralized exchange dYdX has released a post-mortem report detailing the “targeted attack” it experienced on its v3 platform in November.

dYdX Reveals Post-Mortem Findings: Identifies Attacker and Considers Legal Measures

The attack resulted in a $9 million loss from its insurance fund, which represented approximately 40% of its total holdings. In the report, dYdX stated that investigative eff...

8 months ago

Tuttle Capital Management has filed for six new Bitcoin exchange-traded funds (ETFs) with the U.S. Securities and Exchange Commission (SEC).

Tuttle Capital Files for Six Leveraged and Inverse Bitcoin ETFs with SEC

On Jan.3, Tuttle Capital filed three separate N1-A filings with the SEC. The company’s proposed Bitcoin ETFs are structured to offer leveraged and inverse investment options base...

8 months ago

For nearly a decade, the number of crypto ATMs had steadily increased without fail, but something flipped in late 2022.

New year rings in with 11% shrinkage in installed Bitcoin ATMs

The number of installed Bitcoin ATMs worldwide is roughly 11.1% less than at the start of 2023, bucking a 10-year trend that saw the tally increase at the start of every year. Accordin...

8 months ago