Wollito UAB

Jack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple.

Ripple Labs closes Standard Custody acquisition deal

Ripple Labs closed its acquisition of Standard Custody, a digital asset custodian, on June 11. The deal, first announced earlier this year, is central to Ripple’s planned rollout of a Unit...

3 months ago

The Bitcoin whale didn’t even send test transactions before moving their 8,000 Bitcoin.

Dormant Bitcoin wallet moves $536M after over 5-year hiatus

A Bitcoin whale has transferred 8,000 Bitcoin (BTC) worth $536.5 million from a Coinbase cold storage wallet after five and a half years of dormancy. Bitcoin address “1...

3 months ago

Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply.

Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar

The United States dollar is exhibiting strong performance in 2024, as is the market for digital assets tied to the currency. Ethena’s synthetic dollar, USDe, has a market capitalization of...

3 months ago

The announcement comes shortly after GME stock rose above the $30 mark.

Citron no longer short on GME, cites ‘market’s irrationality’

Citron Research, one of the most prominent GameStop short sellers, is no longer short on GameStop (GME) stock. The popular short seller closed its GME short position concerning “...

3 months ago

The Lykke team acknowledged that they halted withdrawals after an attack drained $22 million in crypto from its wallets on June 4.

Lykke crypto exchange acknowledges hack after halting withdrawals

Lykke cryptocurrency exchange has halted withdrawals after suffering an exploit on June 4, according to a June 10 social media announcement. The exchange claimed that users’ funds “a...

3 months ago

At the 2024 Proof of Talk event in Paris, France Jenny Johnson CEO of Franklin Templeton and Mo Shaikh the founder of Aptos explained the protocol economy’s impact on regulators.

How Web3 is transforming global regulatory frameworks

The 2024 edition of the Proof of Talk conference filled the grand hallways of the Louvre Palace in Paris, France, with some of the biggest names and thought leaders in the Web3 space. ...

3 months ago

Blockchain Australia is now the Digital Economic Council of Australia (DECA) with a membership category for banks, most of which have blocked crypto exchanges.

Australia’s peak crypto lobby group drops ‘blockchain’ from name

Australia’s top crypto industry body, Blockchain Australia, has nixed mention of the technology from its name in a bid to court a wider number of fintech firms and banks — rebranding...

3 months ago

The firm’s third Bitcoin purchase since April 23 brings its total holdings to 141.07, worth over $9.6 million.

Metaplanet rallies 10% as it scoops Bitcoin for 3rd time in 2 months

Shares in “Asia’s MicroStrategy” Metaplanet surged double-digits on Tuesday after the company disclosed another million-dollar Bitcoin purchase — its third in seven ...

3 months ago

Biconomy’s Delegated Authorization Network (DAN) will serve as an authorization layer for autonomous on-chain transactions.

Biconomy introduces AI agents for on-chain transactions

Web3 infrastructure firm Biconomy is onboarding artificial intelligence (AI) agents to enable on-chain transactions on behalf of users. The Delegated Authorization Network (DAN) ...

3 months ago

Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy.

Indiana vows outage-free energy for crypto miners, data centers

Indiana lawmakers have assured mega-corporations of “ample amounts” of low-cost power and water, hoping to attract and serve data centers and cryptocurrency mining operations in the ...

3 months ago