Wollito UAB

CoinShares’ revenue, gains and other income reached 43.9 million pounds ($55 million) in the first quarter of 2024, a 216% increase year-over-year.

CoinShares posts record revenue in Q1, backed by markets, Bitcoin ETFs

European asset manager CoinShares posted a record performance in the first quarter of 2024, driven by a recovery in markets since the debut of Bitcoin exchange-traded funds (ETFs). The...

4 months ago

Brazil recorded a 30% increase in crypto trading volume in the first months of 2024, outpacing USD weekly trading volume since mid-January.

Brazil leads LATAM crypto trading with $6B volume in 2024

Crypto trade volumes in Brazil have spiked in the first months of 2024. According to data from Kaiko Research, crypto trading activity in the country is up 30% year-over-year. From Jan...

4 months ago

The decentralized exchange is now led by Ivo Crnkovic-Rubsamen, a former trader and dYdX chief strategy officer.

Antonio Juliano steps down as CEO of dYdX

The founder of the decentralized exchange dYdX is stepping down as CEO after seven years of heading the crypto derivatives platform. In a May 13 blog post, Antonio Juliano announced hi...

4 months ago

Crypto exchange Coinbase suffered a “system-wide” outage, rendering the platform unusable.

Coinbase website down as crypto exchange cites ‘system-wide outage’

United States-based crypto exchange Coinbase has suffered a “system-wide outage,” rendering its services unusable for those looking to access the crypto exchange on desktop or mobile...

4 months ago

Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Joe Biden.

Biden orders removal of Chinese-owned crypto miner near missile base

United States President Joe Biden has signed an order preventing a China-linked crypto mining firm from continuing to use land near a Wyoming nuclear missile base. The order, rele...

4 months ago

Several wallets reportedly belonging to Rain sent suspicious token transfers to a new address.

Rain exchange suffered $14.1M in suspicious outflows 2 weeks ago

The Rain cryptocurrency exchange was “likely exploited” on April 29 when $14.1 million worth of Bitcoin, Ether, Solana, and was transferred to a new wallet under suspicious circumsta...

4 months ago

Net outflows for Hong Kong’s crypto ETFs reached a record $39 million on Monday with bleeding felt across all six funds.

Hong Kong Bitcoin, Ether ETFs wipe 2 weeks of inflow in a single day

Hong Kong’s Bitcoin and Ether exchange-traded funds (ETFs) posted the largest-ever net outflow on Monday, May 13 — wiping all gains they’ve made since launching under...

4 months ago

Following the return of Keith Gill — also known as “Roaring Kitty” — traders are keeping their eyes peeled for the next big stock or crypto rally — but analysts aren’t so sure.

GameStop sparked the 2021 memecoin bull run — Will history repeat itself?

The sudden and unexpected return of Keith Gill — the man widely credited with kicking off the 2021 GameStop short squeeze — has speculators asking one question: Are we in for GameSto...

4 months ago

The expansion comes 12 months after the firm announced its intention to expand down under.

Crypto exchange OKX launches local regulated entity in Australia

Crypto exchange OKX is moving its Australian-focused services under a locally regulated entity as part of its expansion efforts through the Asia-Pacific region. “I think Australi...

4 months ago

The SoftBank-owned research and development firm Arm said it will develop its own artificial intelligence chips as its owner reports profits after shifting focus to AI.

SoftBank subsidiary to develop semiconductor chips, reports profits after AI shift

SoftBank-owned processor designer Arm has announced plans to develop its own in-house artificial intelligence (AI) chips on the back of AI-related profits. On May 13 a report ...

4 months ago