Wollito UAB

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

ERC-404, which mixes Ethereum’s ERC-20 token and ERC-721 NFT standards, is gearing up for a bid to be the blockchain’s newest standard.

ERC-404 hybrid NFT tokens in ‘good spot’ for EIP push, says dev

An unofficial and experimental Ethereum standard dubbed “ERC-404” — proposed to become a hybrid of fungible and nonfungible tokens (NFTs) — is “working around the c...

7 months ago

SEC chair Gary Gensler has avoided answering whether the commission definitively considers Ether as a security under its purview.

Prometheum claims Ether is a ‘digital asset security’ with launch of custody services

Prometheum, one of the few crypto companies to have approval from United States financial regulators as a special purpose broker-dealer (SPBD) for digital asset securities, has announced it will...

7 months ago

Disney cut its metaverse division less than a year ago, but now it looks like it’s teaming up with Epic Games to build one.

Disney’s $1.5B stake in Epic smells a lot like another metaverse play

The Walt Disney Company is acquiring a $1.5 billion equity stake in Epic Games to build what it’s calling a “persistent universe,” less than a year after shuttering its metaver...

7 months ago

One of Hong Kong’s two licensed crypto exchanges, OSL, finalizes the first tokenized warrant transaction with UBS.

OSL completes first transaction of tokenized UBS warrant on Ethereum

OSL Digital Securities has completed the first transaction involving the UBS pilot investment-grade tokenized warrant in Hong Kong, the company said in a press release. ...

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

The new entity is aimed at opening the doors for the Middle East’s institutional investors to crypto, staking and AI.

Deus X, Bridgetower debuts $250M digital asset venture in Middle East

Private equity firms Deus X Capital and Bridgetower Capital are set to launch a new $250 million crypto infrastructure platform, bringing crypto staking, investing and other digital asset servic...

7 months ago

Microsoft revealed a partnership with Indian startup Sarvam AI to build on its Azure AI models and deploy a voice-based large language model targeting Indic languages and context.

Microsoft Azure lays foundation for India-focused voice-based generative AI apps

Big Tech developer Microsoft is extending its reach in Asia with its artificial intelligence (AI) products through a new partnership with the Indian startup Sarvam AI. According ...

7 months ago

A group of disgruntled Voyager investors has sued North America’s top basketball league, alleging it is implicit and liable for their losses on the failed platform.

NBA sued over marketing links with failed crypto lender Voyager Digital

The National Basketball Association (NBA) is facing a proposed class-action lawsuit over its marketing deals with now-collapsed crypto lender Voyager Digital, which the platform’s users cl...

7 months ago