Wollito UAB

Vitalik Buterin, the co-founder of Ethereum (ETH), has ignited a debate about the classification of various layer 2 scaling solutions.

Ethereum Co-Founder Vitalik Buterin Says Validiums are Not Genuine Rollup Solutions

The crypto veteran has claimed that Ethereum’s validiums should not be considered genuine rollup solutions. The statement came in response to a post by Daniel Wang, the foun...

8 months ago

Since their recent launch in the United States, spot Bitcoin ETFs have achieved a cumulative trading volume of nearly $10 billion within just three days.

U.S. Spot Bitcoin ETFs Reach $10B Trading Volume in 3 Days; Grayscale Accounts for Over Half of that Figure

According to Bloomberg analyst James Seyffart, the standout performer among the spot Bitcoin ETFs is Grayscale’s GBTC, which recorded an impressive three-day trading volume of $5.174 ...

8 months ago

Hacker Deploys 1 Million Virtual Servers in Illicit Crypto Mining

Hacker spins up 1 million virtual servers to illegally mine crypto

A 29-year-old man in Ukraine was arrested this week for using hacked accounts to create 1 million virtual servers used to mine $2 million in cryptocurrency. As announced today by...

8 months ago

The Financial Intelligence Unit issued a notice of noncompliance against 10 foreign crypto exchanges on Dec. 28, 2023.

Indian crypto exchanges lure in Binance, OKX investors after FIU ban

Indian crypto exchanges are promising hassle-free transfers for users who want to transfer their crypto assets from foreign crypto exchanges after the country’s Ministry of Finance Financi...

8 months ago

The successor to Saga will have new hardware and a cheaper price point, according to a person familiar with the plans.

Solana Mobile to Sell Second Crypto Smartphone: Source

Solana Mobile plans to launch a second smartphone as it looks to ride the unlikely success of its first crypto-ready smartphone, a person familiar with the matter said. The upcoming ph...

8 months ago

$40,000 Bitcoin Price is Necessary for CleanSpark and Other Crypto Miners Post-Halving

Leading Crypto Miners Riot, TeraWulf, CleanSpark Brace for 2024 Bitcoin Halving

Leading cryptocurrency miners are bracing themselves for the challenges ahead as the mining industry prepares for a major transformation with the 2024 Bitcoin (BTC) halving event. ...

8 months ago

The former biotech executive was the only Republican contender to have a crypto plan.

Vivek Ramaswamy, Crypto-Friendly U.S. Presidential Candidate, Suspends Campaign

Vivek Ramaswamy – who pledged to lay off most of the Securities and Exchange Commission (SEC) and direct a path for digital assets policy if elected President– suspended his campaign...

8 months ago

The embattled crypto firms have begun transferring large volumes of ETH to centralized exchanges as they attempt to pay back creditors.

Celsius transfers $125M of ETH to exchanges as FTX and Alameda dump

Embattled crypto lender Celsius has shifted more than $125 million worth of its Ether ETH $2,521 to crypto exchanges over the past week amid plans to begin repaying cre...

8 months ago

South Korean ‘Crypto Revival’ Incoming?

‘No South Korea Bitcoin ETF Approval Before Elections,’ Say Experts

South Korean regulators will not give the green light to a domestic Bitcoin spot ETF before the nation’s next general elections, insiders claim. Per Sobija Mandueneun Shinmun, an...

8 months ago

Tether’s USDT stablecoin is fueling a surge in scams in Asia, a recent report from the UN’s office on drugs and crime says.

UN flags Tether’s USDT for fueling crime in Southeast Asia

According to a report seen by the Financial Times, USDT has become a key tool among criminal gangs in Southeast Asia, many of whom are using the stablecoin for...

8 months ago