Wollito UAB

Project mBridge for Multi-CBDC Cross-Border Transactions

UAE and China Complete First $13.6M Cross-Border CBDC Transaction

The United Arab Emirates and China have executed their first cross-border central bank digital currency (CBDC) transaction valued at $13.6 million using digital dirham and digital...

7 months ago

Crypto exchange FTX was hacked for over $400 million just hours after filing for bankruptcy in 2022. Many initially believed it was an inside job.

FTX’s $400M hack linked to SIM-swap attack, feds charge 3

Three individuals charged by United States prosecutors for orchestrating a series of SIM-swap attacks have been linked to the $400 million hack of FTX in 2022 that occurred just hours after it f...

7 months ago

Belarusian and Cypriot national has been charged in the US for operating an unlicensed cryptocurrency exchange BTC-e and money laundering conspiracy, according to the Department of Justice (DOJ).

Belarusian-Cypriot National Charged by US for Operating Unlicensed Crypto Exchange BTC-e

Aliaksandr Klimenka and Alexander Vinnik, allegedly controlled the digital currency exchange BTC-e, with others between 2011 and July 2017. BTC-e primarily targeted the Russian market ...

7 months ago

At issue is whether funds held by 3AC were in trust for DeFiance Capital or owned by the bankrupt crypto hedge fund.

Singapore High Court greenlights DeFiance Capital suit against 3AC

The High Court of Singapore has rejected an application by bankrupt crypto hedge fund Three Arrows Capital (3AC) to dismiss the suit brought against it by Cheong Jun Yoong, otherwise known as Ar...

7 months ago

New York Community Bancorp acquired the assets and liabilities of the collapsed Signature Bank during the regional banking turmoil in 2023.

New York Community Bank plunges 40% after reporting $260M loss

New York Community Bancorp (NYCB), which purchased the collapsed crypto-friendly Signature Bank in 2023, saw its share price plunge after reporting a $260 million loss in the fourth quarter of 2...

7 months ago

Crypto lender Celsius’ exit from bankruptcy follows over 18 months after it halted withdrawals and collapsed in 2022.

Celsius exits bankruptcy, commences return of over $3B to creditors

Celsius has emerged from Chapter 11 bankruptcy in the United States and is set to start distributing $3 billion worth of crypto and fiat to creditors, along with launching a new Bitcoin min...

7 months ago

Pastor Claims God’s Instruction Behind $3.2 Million Scheme

Denver Pastor Accused of Crypto Fraud Spotted Preaching in Zambia After Missing Court Date

Denver-based Pastor Eli Regalado, who faces allegations of orchestrating a $3.2 million cryptocurrency scam, has been seen preaching in Zambia despite missing a mandatory court he...

7 months ago

MetaMask users can now sell crypto directly to a Visa card, which eliminates the need to use centralized exchanges.

Visa enables crypto withdrawals on debit cards in 145 countries

Global payment giant Visa is doubling down on cryptocurrency adoption by enabling another method to exchange crypto to fiat currencies without using a centralized exch...

7 months ago

Binance’s source code has been openly accessible on a GitHub repository for months, with the exchange asserting that the leak posed only a ‘negligible risk.’

GitHub repository exposed Binance’s internal passwords and code

Journalists at 404 Media discovered what they say is a “highly sensitive cache of code, infrastructure diagrams, internal passwords,” and other technical information relate...

7 months ago

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