Wollito UAB

FTX Lenders Seek UCC Intervention Amid Dissatisfaction Over Proposed Resolution.

FTX CEO Seeks Settlement for $175M Dispute with Genesis

A cryptocurrency exchange FTX, CEO, John J. Ray III, filed a motion to resolve a $175 million dispute with Genesis, marking a substantial reduction from their initial $4B claim. ...

1 year ago

Ripple legal battle

Judge Approves Investment Banker as Declarant in SEC vs. Ripple Legal Battle

In the latest development of the legal case between the United States Securities and Exchange Commission and Ripple Labs, Judge Analisa Torres has approved the participation of an investment ban...

1 year ago

Police in Singapore said it seized 11 documents with information on cryptocurrency assets, but it’s unclear how much worth of crypto was involved.

Singapore busts $735 million alleged money laundering case involving crypto

Singaporean police Tuesday arrested 10 foreign nationals on suspicion of money laundering and seized assets worth about S$1 billion ($735 million) including cryptocurrencies, the police said.

1 year ago

Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings.

Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval

Bankrupt crypto lender Celsius is to hold a vote on its plan to sell assets to the Fahrenheit consortium, after a judge on Thursday approved disclosures that suggested creditors can ex...

1 year ago

Ledger users can now buy crypto through the Ledger Live App using PayPal, with direct storage to their hardware wallet.

Ledger Adds PayPal as On-Ramp for Bitcoin, Ethereum Purchases

Hardware crypto wallet provider Ledger is launching a new on-ramp solution with PayPal. Owners of a Ledger Wallet can now use their PayPal accounts to acquire cryptocurrencies like&nbs...

1 year ago

Asia is emerging as a place for clearer crypto regulation, with Singapore and Hong Kong taking the lead.

Asia promotes crypto clarity amid regulatory uncertainty in the U.S.

Asia is promoting crypto clarity amid regulatory uncertainty in the U.S., and this could make the region more attractive to investors, according to industry observers. “Cryptocur...

1 year ago

Coinbase approval

Coinbase Secures Approval to Launch Bitcoin and Ether Futures Trading for US Customers

Coinbase, a prominent cryptocurrency exchange, has recently received the green light from the National Futures Association (NFA) to extend its services to include investment opportunities in cry...

1 year ago

Cryptocurrency custodian fintech Prime Trust has filed for bankruptcy under Chapter 11 in the US.

Prime Trust files for bankruptcy

The company filed a voluntary petition for bankruptcy in the Eighth Judicial District Court of Nevada. Prime Trust has chosen John Guedry, former president of the Bank of Nev...

1 year ago

Dogecoin drama

Dogecoin drama takes legal turn, DigiToads presale wins over whales

In the crypto market, two narratives currently dominate: the Dogecoin lawsuit and the rise of DigiToads in the ongoing presale. These can reshape the meme coin landscape and the broade...

1 year ago

RocketSwap, a decentralized exchange built on the Base Layer 2 network, has been hacked.

Hacker creates memecoin after stealing $870,000 from RocketSwap on Base

The perpetrator made off with 471 ETH ($870,000), according to security firm PeckShield. RocketSwap’s team claimed to have identified the cause of the hack as a series of lapses,...

1 year ago