Wollito UAB

Fake App Scheme Break-Down

Chinese Authority Warns of Fake Digital Yuan App Scam

The Chinese Ministry of Industry and Information Technology (MIIT) has issued a warning about new fraudulent schemes involving counterfeit digital yuan applications. According to a rec...

6 months ago

Bankman-Fried’s Legal Quagmire

Sam Bankman-Fried Stands by Legal Team Amidst Conflict of Interest Concerns

Disgraced former FTX CEO Sam Bankman-Fried (SBF) on Wednesday confirmed plans to stick with his new lawyers Marc Mukasey and Torrey Young, who are also representing Celsius CEO Alex Mashinsky, a...

6 months ago

The firm may add other cryptos to its treasury in the future if regulators determine that they are not securities.

Reddit Is Invested In Bitcoin and Ethereum, SEC Filing Shows

Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday in a bid to go public on the New York Stock Exchange (NYSE). ...

6 months ago

Crypto Freedom Alliance of Texas Stands With Lejilex

Texas Crypto Firm Lejilex Sues SEC Following Overstretched Securities Classification

Texas-based cryptocurrency firm Lejilex has filed a lawsuit against the Securities and Exchange Commission (SEC) over securities labels on cryptocurrency assets. The lawsuit filed on F...

6 months ago

Venture Giant Backs Restaking EigenLayer Amid Regulatory Scrutiny

Andreessen Horowitz Fuels Crypto Startup EigenLayer With $100 Million Investment

In an important move for the blockchain sector, Andreessen Horowitz has invested a substantial $100 million in EigenLayer, a crypto startup, to support blockchain security and efficiency. ...

6 months ago

Solana NFTs recorded their second-highest monthly sales volume in December 2023, recording $365 million in sales volume for the month.

Solana NFTs hit $5B in all-time sales volume

Solana-based nonfungible tokens (NFTs) recorded an all-time sales volume of over $5 billion after an uptick in NFT trading activity on the blockchain in the last four months. On ...

6 months ago

Fraudsters hacked the Blueberry DeFi protocol and advised users to withdraw money.

Blueberry protocol pauses lending amid $1.35m drain

The Blueberry project team shared in their post X on Feb. 23 that they had to stop work due to the exploit. Details of the exploit are being determined. The developers a...

6 months ago

Crypto exchange Kraken has filed a motion to dismiss the SEC’s lawsuit alleging an unregistered exchange operation and mishandling of customer assets.

Kraken joins crypto exchanges battling SEC lawsuit, denies wrongdoing

In a blog post on Feb. 22, crypto exchange Kraken said it had filed a motion to dismiss the U.S. Securities and Exchange Commission’s (SEC) lawsuit against it in a U.S....

6 months ago

More Users Interested in Cash App Cards

Jack Dorsey-Led Block Witness High Profits on Bitcoin Sales Via Cash App

Block, a payment platform led by ex-Twitter boss Jack Dorsey, has made enormous Bitcoin gross profits in Q4 2023. Block earned $66 million from selling Bitcoin through Cash App, the fi...

6 months ago

Grayscale Privacy ETF to Allocate 10% to Privacy-Preserving Protocols

Grayscale Files For Privacy ETF With SEC, Zcash Part of Offering

Crypto-focused asset manager Grayscale filed for a privacy-focused exchange-traded fund (ETF) with the US Securities and Exchange Commission on Tuesday. The Grayscale Privacy ETF seeks...

6 months ago