Wollito UAB

Plaintiffs in a new class-action suit against the hacked crypto wallet Atomic Wallet say the firm didn’t share any information about the hack with clients and didn’t report it to the police.

Atomic Wallet faces lawsuit over $100M crypto hack losses: Report

A group of disgruntled cryptocurrency investors have launched a class action against Atomic Wallet, which suffered a major breach and $100 million in losses in June. Dozens of high-net...

1 year ago

Bankrupt FTX wants to start staking, and to hedge BTC and ETH sales as it liquidates a $3 billion crypto holding.

FTX Taps Galaxy to Sell, Stake and Hedge Its Crypto Billions

It’s looking to Mike Novogratz’s Galaxy empire to maximize value from the sales. Bankrupt crypto exchange FTX wants to start selling, staking and hedging its sizable crypto...

1 year ago

B2C2 will now have access to Woorton's EU license that will permit it to serve institutional clients in the EU.

SBI-Owned B2C2 Eyes European Expansion With Acquisition of Rival Trading Firm Woorton

London-based liquidity provider B2C2 has acquired French market making firm Woorton in a deal that grants B2C2 access to Woorton's regulatory licenses, allowing it to operate in the EU, acco...

1 year ago

The judge said the punishment was "difficult" to decide, and raised doubts about whether the case would have reached court if it wasn't in the "slightly sexy" new arena of crypto.

Man jailed for the insider trading of NFTs - in what is believed to be the first case of its kind

A man has been jailed for the insider trading of non-fungible tokens (NFTs) - in what prosecutors say is the first case of its kind. Nathaniel Chastain was working as a product manager...

1 year ago

City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the government.

South Korean city to seize crypto from thousands of tax evaders: Report

The South Korean city of Cheongju, the capital of North Chungcheong province, has said it intends to begin confiscating cryptocurrency from local tax delinquents. The administration of...

1 year ago

Sam Bankman-Fried, the founder of collapsed cryptocurrency exchange FTX, is "subsisting on bread and water" in prison, according to his lawyer.

FTX founder Bankman-Fried living on bread and water, lawyer says

The prison he is being held in ahead of his trial has not provided a vegan diet he requested, his lawyer says. Last year, Mr Bankman-Fried was charged with fraud after the failure of F...

1 year ago

Binance vs. Checkout.com

Legal Action Contemplated by Binance Following Termination of Partnership with Checkout.com

On August 17, Binance, the world's largest cryptocurrency exchange, received notification from payment processor Checkout.com about the termination of their contract due to regulatory concer...

1 year ago

Tornado Cash Sanctions

Federal Court Supports Sanctions on Tornado Cash Crypto Mixer Despite User Protest

A federal court has backed the US Treasury Department’s right to impose sanctions on the cryptocurrency mixer Tornado Cash, dismissing a lawsuit filed by six users. Las...

1 year ago

Crypto debt

‘Crypto Debt’ Drove South Korean College Student to Armed Robbery

A South Korean man has been handed a suspended jail term of almost three years after he was found guilty of armed robbery “to clear a crypto debt.” According to t...

1 year ago

China's economy slipping into deflation for the first time in more than two years

China's Deflationary Woes and the Ripple Effect on Bitcoin

China's economy slipping into deflation for the first time in more than two years might have negative near-term impacts on Bitcoin (BTC). In the la...

1 year ago