Wollito UAB

The exploit on the Socket protocol impacted 219 users with net losses of around $3.3 million.

Socket protocol recovers two-thirds of stolen ETH from hack

Cross-chain bridge protocol Socket has recovered two-thirds of the funds drained from the protocol in a recent hack. The official X account of the socket protocol announced that it has...

7 months ago

Flare Network, an Ethereum Virtual Machine (EVM) layer-1 platform for blockchain interoperability, is onboarding Google Cloud as an infrastructure provider.

Flare onboards Google Cloud as infrastructure provider

This partnership marks a significant milestone for Flare, bringing one of the world’s leading cloud computing providers on board. It also marks the first time Google Cloud is providing inf...

7 months ago

The Federal Court of Canada has ruled that Prime Minister Justin Trudeau’s use of emergency legislation to suppress the “freedom convoy” protests in 2022, was “unreasonable.”

Canadian court rules 2022 crypto freeze on protesting truckers unconstitutional

On Jan. 23, a Canadian federal court ruled that Prime Minister Justin Trudeau’s decision to use Canada’s Emergencies Act to freeze crypto used to support tru...

7 months ago

The company said Tuesday that it intends to grow its mining capacity by 50% in the next four years.

Bitcoin miner Core Scientific to resume trading on Nasdaq after reorganization

Texas-based bitcoin mining firm Core Scientific has announced its return to Nasdaq, resuming trading on Wednesday, as a result of reorganization efforts following its 2022 bankruptcy filing...

7 months ago

The Three Arrows Capital co-founder says he had the best sleep of his life and felt a “magical feeling” of kinship with his ancestors.

‘Enjoyable experience’ — Su Zhu loved his 3 months in Singapore prison

Su Zhu, the co-founder of the collapsed hedge fund Three Arrows Capital (3AC), says he had the “best sleep” of his life while serving a nearly three-month-long sentence in a Singapor...

7 months ago

Asset management firms have cut fees on their Bitcoin exchange-traded funds (ETFs) in Europe by over 60% to compete with products now available to U.S. investors.

Asset managers cut fees for European Bitcoin ETFs as competition grows

In an interview with the Financial Times, Gary Buxton, Invesco head of ETFs for Europe, the Middle East and Africa, and Asia Pacific, said many ETF providers have lowered the...

7 months ago

Meta’s Five Application Filings

Democrat Rep. Maxine Waters Raises Concerns Over Meta’s Continued Crypto Ventures

Rep. Maxine Waters has expressed significant concerns over Meta’s continued involvement in the digital asset sector. In a detailed letter addressed to Meta CE...

7 months ago

Bitcoin Ordinals Art Sold Out at Sotheby’s

Bitcoin Ordinals ‘Genesis Cat’ Sells for $254K in Sotheby’s Digital Art Auction

“Genesis Cat,” a digital art piece created on the Bitcoin blockchain’s Ordinals protocol, was sold for over $250,000 at a recent Sotheby’s auction.

7 months ago

Terraform Labs, the blockchain firm behind the notorious Terra ecosystem, has filed for bankruptcy in the U.S. a month after a court ruled that the firm violated the U.S. laws.

Terra developer Terraform Labs files for Chapter 11 bankruptcy

In court documents filed on Jan. 21, the Singapore-based blockchain firm Terraform Labs disclosed liabilities ranging from $100 million to $500 million. Among the creditors h...

7 months ago

Within a week, the crypto industry lost two pro-crypto presidential hopefuls, though there’s some hope Donald Trump could be a secret wildcard for crypto.

Two presidential longshots are left waving the crypto flag, plus a wildcard

The recent departures of Vivek Ramaswamy and Ron DeSantis from the United States presidential race has left just two pro-crypto longshots in the running — though there’s some hope th...

7 months ago