Wollito UAB

Fasset has been granted a Virtual Asset Service Provider (VASP) license from regulators in Dubai, allowing it to perform broker-dealer services legally in the emirate.

Crypto investment platform Fasset granted operational license in Dubai

Digital asset investment platform Fasset was granted an operational license on Nov. 29, accordin VARA, the issuing regulator, is the sole authority for enforcing regulations on di...

10 months ago

Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust.

Crypto exchange FTX gets nod to sell $873M of assets to repay creditors

Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust assets, with proceeds used to repay creditors impacted by the exchange’s collapse in 2022,&...

10 months ago

New Amendment Allows for Comingling of Assets

Grayscale Proposes GBTC Fund Amendment as Spot Bitcoin ETF Looms

Grayscale, the manager of the Grayscale Bitcoin Trust (GBTC), has proposed amendments to the trust’s agreement in preparation for a potential uplisting to a spot Bitcoin (BTC) ex...

10 months ago

Popular cryptocurrency wallet Trust Wallet has alerted users about an ongoing issue with the Bitcoin (BTC) node that may result in transaction delays and missing transaction history.

Trust Wallet Warns Users May Face Transaction Delays and Missing History Amidst Bitcoin Node Instability

In a Thursday post on X (formerly Twitter), Trust Wallet said they are “experiencing a BTC node issue” that could lead to transaction delays and missing transaction history.

10 months ago

The licence will allow Fasset to serve institutional investors, qualified investors and retail investors.

Digital Asset Investment Platform Fasset Wins Operational License in Dubai

Fasset, a digital asset investment platform, has won a license to operate in Dubai as a Virtual Asset Service Provider (VASP), allowing it to serve institutional, qualified, and retail investors...

10 months ago

The protocol reached a total value locked of $3.8 billion at its peak.

Wormhole raises $225M at $2.5B valuation

Cross-chain protocol Wormhole has secured a $225-million investment at a valuation of $2.5 billion. According to the Nov. 29 announcement, the investment round was led by Brevan Howard...

10 months ago

The ALT2611 tokenized Tether bond from Bitfinex has only managed to raise 15% of its target two weeks after launch.

Tether’s ‘new era for capital raises’ Bitfinex bond flops

Bitfinex’s recently launched Tether tokenized bond — hailed as a “new era for capital raises” —appears to have failed to garner the investment and interest th...

10 months ago

Due to UAE’s National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023.

Bitcoin mining firm Phoenix Group delays share listing

Cryptocurrency mining firm Phoenix Group is preparing for its public trading launch after seeing a significant oversubscription during the pre-market sale on Nov. 21. Phoenix’s p...

10 months ago

VeChain recently tweeted about being featured in another academic paper.

VeChain expands its status in food security & waste management

The network was showcased as a prime example of blockchain use cases. The network has made significant progress in the domains of food security and waste management and has published a...

10 months ago

The soccer star’s Binance-tied NFTs allegedly promoted investments in unregistered securities on the crypto exchange.

Cristiano Ronaldo sued for promoting Binance, unregistered securities

Pro-soccer star Cristiano Ronaldo has been hit with a proposed class-action lawsuit from plaintiffs claiming they suffered losses from his promotion of the now-legally embroiled crypto exch...

10 months ago