Wollito UAB

His company managed billions in assets and made him one of the world’s richest people. Then, almost overnight, it collapsed. With a fraud trial beginning next week, a documentary asks how he bewitched so many

Crypto king or conman: is Sam Bankman-Fried about to be sent down for a century?

Sunil Kavuri is not a novice investor. Sure, he hasn’t always been involved in finance: 20 years ago, he was a model. He and his identical twin brother were the stuff of local newspaper hu...

11 months ago

Mixin Network is a protocol designed to address blockchain scalability issues – at the expense of having a centralized database.

Mixin Network Losses Nearly $200M in Hack

Mixin Network has confirmed a report from SlowMist, a blockchain security consultancy, that it has been hacked for nearly $200 million. “In the early morning of September 23...

11 months ago

Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing a Money Transmitter License in Arkansas.

Crypto payment firm Alchemy Pay wins money transmitter license in US

Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States. Alchemy Pay has obtained a Money Transmitter Li...

11 months ago

Crypto influencer Ben Armstrong, who was recently ousted from the company he created, claimed he has been receiving death threats from Hit Network.

Crypto Influencer 'BitBoy' Claims He Received Death Threats, Begs Followers to Donate For His Legal Fund

As reported earlier, the founder of BitBoy Crypto filed a lawsuit in Georgia, USA, naming Hit Network CEO Timothy 'TJ' Shedd Jr., his father Timothy Shedd Sr., and TJSJ Holding...

11 months ago

Creditors of crypto lender Celsius Network have reported receiving a new flood of phishing emails, likely resulting from two data breaches in 2022.

Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan

Creditors from bankrupt crypto lender Celsius Network are again being targeted in a new wave of phishing attacks as the crypto lender’s bankruptcy proceedings enter its final stages. ...

11 months ago

The parents of FTX founder Sam Bankman-Fried are being sued for money they allegedly received improperly from the crypto firm ahead of its collapse.

FTX: 'King of Crypto' parents sued over missing millions

In a filing, managers at the bankrupt firm accuse the couple of holding millions of "fraudulently transferred" dollars and of turning a blind eye to misconduct at the company.

11 months ago

It is currently trading at a floor price of 0.059 ETH

Major NFT Marketplaces Remove Mila Kunis' Stoner Cats Following SEC Charges

Major NFT marketplaces, including OpenSea, Blur, and Rarible, have taken down the Stoner Cats NFT pro...

11 months ago

Mark Scott, a lawyer accused of laundering $400 million in the infamous OneCoin cryptocurrency scam in 2019 has been denied a new trial.

OneCoin Lawyer Involved In Laundering $400 Million Denied Fresh Trial

According to a report from Bloomberg, the motion seeking a fresh trial was declined by the court despite the defendant citing several legal mistakes including false testimony in the ...

1 year ago

The token sales won’t flood the market because liquidations are bound by volume limits, the report said.

FTX’s Crypto Liquidation Sales Unlikely to Cause Market Shock: Coinbase

The sale of tokens held by bankrupt crypto exchange FTX will not result in a market shock due to several mitigating factors, Coinbase (COIN) said in a research report Thursday. ...

1 year ago

Following the cyber breach of non-sensitive data, bankrupt cryptocurrency exchange FTX has reactivated account access to its customer claims portal.

FTX bolsters claims portal security measures following cyber breach

Bankrupt cryptocurrency exchange FTX has restored its customer claims portal with tighter security protocols, which was previously shut down due to a cyberattack. Claimants can now continue to s...

1 year ago