Wollito UAB

Nayib Bukele’s Future Bitcoin Plans

El Salvador President Nayib Bukele Eyes Bitcoin-Backed Bonds, Bitcoin Cities in Re-election Bid

El Salvador’s President Nayib Bukele intends to push forward with his plans for Bitcoin if he secures a second term in the upcoming election. Despite pressure from the Internatio...

7 months ago

The SEC admitted its attorneys “should have been more forthcoming” with the court but argued a sanction wasn’t appropriate.

SEC asks to toss Debt Box suit after court threatens sanctions

The United States securities regulator is seeking to dismiss a lawsuit it launched against a crypto company after a federal court issued an order mandating the agency provide reasons why it shou...

7 months ago

Many former Block employees posted messages to LinkedIn suggesting the staff cuts had been expected since 2023.

Jack Dorsey’s Block announces layoffs, citing ‘leaner’ operations

Financial payment processing firm Block Inc., co-founded by Twitter creator Jack Dorsey, has reportedly laid off more than 1,000 staff members. According to a Jan. 30 Business Ins...

7 months ago

Investors in the round include Coinbase Ventures, Arrington Capital, OKX Ventures and Gate.io. The funds will be used in the development of Portal’s DEX and noncustodial wallet.

Portal raises $34M in seed round for Bitcoin atomic swaps

Financial technology firm Portal has secured $34 million in seed funding to offer atomic swaps technology for Bitcoin. Investors backing the initiative include Coinbase Ventures, Arrington Capit...

7 months ago

The official social media account for the Spanish embassy in Bosnia and Herzegovina has been particularly interested in upcoming airdrops from Jupiter and Dymension.

Que? Spanish embassy spotted hunting crypto airdrops on X

The official social media account of the Spanish embassy in Bosnia and Herzegovina has been spotted messaging crypto projects for details concerning airdrops and upgrades, leading onlookers to s...

7 months ago

The Securities and Exchange Commission (SEC) announced charges against two of the leaders involved in HyperFund, an alleged crypto pyramid scheme that raised over $1.7 billion.

HyperFund Owners Accused of Fraud in $1.7 Billion Pyramid Scheme

Both Sam Lee and Brenda Chunga were charged for their involvement. Chunga, aka Bitcoin Beautee, settled with the SEC over the fraud and unregistered offering charges. According to an&n...

7 months ago

The China Securities Regulatory Commission (CSRC) is suspending the lending of restricted shares in an effort to curb short-selling.

China halts restricted shares lending amid market turbulence

The Chinese securities regulator has announced another move to limit short-selling activities amid stock market turbulence. The China Securities Regulatory Commission (CSRC) repo...

7 months ago

A total of 18 senators now fall into the pro-crypto camp, according to analysis from Coinbase advocacy group Stand with Crypto.

18 US senators now ‘stand with crypto’ — Coinbase lobby group

At least 18 senators in the United States support crypto, according to recent data from Coinbase’s nonprofit advocacy organization Stand with Crypto. Stand With Crypto ...

7 months ago

A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum.

Celo, Shopping for Blockchain Partner, Turns to the Delicate Issue of Money

The time has come to put the cards on the table. For the past couple months, developers behind the Celo blockchain have been evaluating technical proposals from teams who mig...

7 months ago

Residents of China have begun actively converting their savings into cryptocurrencies, using creative ways to own Bitcoin (BTC) and other crypto assets prohibited in the country.

Chinese rush to invest into banned Bitcoin amid economic downturn

According to Reuters, although cryptocurrency is banned in mainland China and there are strict controls on the movement of capital across borders, people can still trade tokens such as Bitc...

7 months ago