Wollito UAB

The criminal sentencing of Binance founder Changpeng Zhao on a money laundering rule charge has been postponed until April 30

Criminal sentencing of Binance founder CZ postponed to late April

That docket entry did not explain what would be a two-month delay in sentencing Zhao, a Canadian national widely known as “CZ” who is free on a $175 million release bond in the Unite...

7 months ago

Policy Implication of Warren’s Anti-Crypto Legislation

Blockchain Association Warns Warren’s Anti-Crypto Legislation Threatens US Jobs and Strategic Advantage

The Blockchain Association has sent a second letter to the House Financial Services Committee and Senate Banking Committee expressing concerns over a bill sponsored by Senator Elizabeth Warren.

7 months ago

SafeMoon Failed to Pay Legal Fees, Lawyers Allege

SafeMoon CEO Gets Bail, But His Legal Team Wants to Opt Out

CEO of bankrupt crypto project SafeMoon Braden John Karony is released on bail, but his legal team no longer wants to represent him. In Nov. 2023, Karony and SafeMoon CTO Thomas Smith ...

7 months ago

U.S. President Joe Biden’s laser-eyed social media posts after the Super Bowl are usually seen in online Bitcoin circles, but his meme wasn’t about the cryptocurrency.

Joe Biden posts ’laser eyes’ meme after Super Bowl — but it’s not about Bitcoin

United States President Joe Biden has unintentionally made himself a Bitcoin ambassador after posting a laser-eye emblazoned picture of himself on his X and Instagram profiles. Ca...

7 months ago

Argentines are using secret peer-to-peer crypto exchanges to buy U.S. dollar stablecoins as inflation continues to soar.

In inflation-torn Argentina, locals use ‘crypto caves’ — and avoid Bitcoin

Argentines are using black market exchanges, known locally as “crypto caves,” to buy United States dollar stablecoins in a bid to escape strict currency controls and the triple-digit...

7 months ago

Torrevieja, a tourist hub in the Alicante province of Spain, will allow stores to accept payments in crypto, paving the way for greater adoption.

Can Torrevieja become Europe’s first crypto-friendly city?

Torrevieja, a tourist hub in the Alicante province of Spain with a population of 82,000, intends to become “the first crypto-friendly city in Europe” by letting its stores accept cry...

7 months ago

Security Measures and Hacker Negotiations at PlayDapp

PlayDapp Suffers Security Breach with $32 Million PLA Token Exploited

The web3 gaming platform PlayDapp has suffered a major security breach, resulting in the unauthorized issue of 200 million PLA tokens. The blockchain security and analytics firm&n...

7 months ago

Mid-Year Check and Policy Recommendations

South Korea Plans to Block Unlicensed Crypto Exchanges

South Korea plans to conduct virtual asset exchange inspections to expel ineligible platforms later this year. Authorities are contemplating an advanced suspension system for suspiciou...

7 months ago

Attorney General Targets Deceptive Earn Program

Bankrupt Crypto Lender Genesis Moves to Settle with NY Attorney General

Bankrupt lender Genesis on Thursday settled a lawsuit with New York Attorney General Letitia James over its now-defunct Earn program. The Earn program, operated jointly with Gemini Tru...

7 months ago

The $15 AI-generated fake IDs are reportedly being used to fool crypto exchange identity checks, potentially giving crypto hackers and scammers a new edge.

AI-generated fake IDs claimed to pass crypto exchange KYC are selling for $15

A new service claiming to use artificial intelligence (AI) “neural networks” and “generators” to create fake driver licenses and passports has reportedly succeeded in pas...

7 months ago