Wollito UAB

On-chain social platform, Star Arena has announced a recovery of assets drained from its platform over the weekend following an agreement with the hacker.

Avalanche-based Star Arena Recovers 90% of Hacked Funds, Offers 10% Bounty

In a post on X (formerly Twitter), the platform disclosed that 90% of user assets have been recovered while the hacker was offered a 10% bounty. The agreement means the com...

11 months ago

Amicus briefs filed to support the SEC argue crypto is insignificant, only used for speculation, and captured by existing investor-protection rules.

U.S. State Regulators Intervene in Coinbase’s Unregistered Securities Case

Coinbase is fighting a potentially existential case from federal regulators who argue it operated an unregistered securities exchange. Three new legal filin...

11 months ago

Lax security practices seemed to be a feature of the former crypto trading titan.

Alameda Lost Nearly $200M to Phishing Attacks, Ex-Engineer Says

You’d expect big-name traders to ensure high levels of security and steps in place to protect against phishing attacks and hacks, both of which plague the crypto ecosystem. But n...

11 months ago

Electronic currencies have been used by terrorist groups to evade financial sanctions

Hamas terrorists were sent millions in crypto before Israel attack

Hamas and its allies were sent hundreds of millions of pounds’ worth of cryptocurrencies in the months before the terrorist group’s attacks on Israel. More than $134m ...

11 months ago

A body representing North America’s state securities regulators took aim at arguments made by crypto exchange Coinbase in its defense against the SEC.

Securities regulators oppose special treatment of crypto in Coinbase case

Digital assets should not be seen as “somehow special,” nor should action against Coinbase be seen as “novel or extraordinary,” argues an association of North American se...

11 months ago

“I didn’t feel good about it,” Ellison said.

SBF's ex-girlfriend: He 'directed me' to steal billions from FTX

Caroline Ellison was one of Sam Bankman-Fried’s top deputies and his onetime romantic partner. On Tuesday she testified that Bankman-Fried "directed me" to steal billions from cu...

11 months ago

The recent release of Pi Network’s roadmap plans has caused a stir among its followers. However, for some, these updates just aren’t enough…

Pi Network Announces New Two-Stage Roadmap: Some Followers Prove Cynical

As announced in a blog post on October 9, and subsequently shared on X (Twitter) by @PiNewsMedia , Pi Network has announced the rollout of a new roadmap in two stag...

11 months ago

Israeli authorities had previously seized around 190 Binance accounts with alleged ties to terrorist groups.

Hamas-Linked Crypto Accounts Frozen by Israeli Police, With Binance's Help: Report

Israeli police have frozen cryptocurrency accounts linked to Palestinian militant group Hamas, local media outlet Calcalist reported Tuesday, citing an official press statement. ...

11 months ago

The Culture Media and Sport Committee accused clubs of 'promoting volatile cryptoasset schemes to extract additional money from loyal supporters'.

Football clubs should be stopped from using crypto tokens for fan engagement, say MPs

Football clubs should be prevented from selling crypto-based "fan tokens" as part of engagement with supporters by the sport's incoming regulator, according to a cross-party commit...

11 months ago

The purchase was funded from a digital wallet, which has been a part of the chain of transactions, anonymized by the Ethereum coin mixing service Tornado Cash

Mistake or money laundering? User pays $1.6 million for CrypToadz NFT

One of the CrypToadz non-fungible tokens (NFTs), whose average price doesn’t exceed $1000, was bought for an astonishing 1,055 Wrapped Ethereum (WETH), an equivalent to $1.6 million. ...

11 months ago