Wollito UAB

Mid-Year Check and Policy Recommendations

South Korea Plans to Block Unlicensed Crypto Exchanges

South Korea plans to conduct virtual asset exchange inspections to expel ineligible platforms later this year. Authorities are contemplating an advanced suspension system for suspiciou...

7 months ago

ERC-404, which mixes Ethereum’s ERC-20 token and ERC-721 NFT standards, is gearing up for a bid to be the blockchain’s newest standard.

ERC-404 hybrid NFT tokens in ‘good spot’ for EIP push, says dev

An unofficial and experimental Ethereum standard dubbed “ERC-404” — proposed to become a hybrid of fungible and nonfungible tokens (NFTs) — is “working around the c...

7 months ago

SEC chair Gary Gensler has avoided answering whether the commission definitively considers Ether as a security under its purview.

Prometheum claims Ether is a ‘digital asset security’ with launch of custody services

Prometheum, one of the few crypto companies to have approval from United States financial regulators as a special purpose broker-dealer (SPBD) for digital asset securities, has announced it will...

7 months ago

One of Hong Kong’s two licensed crypto exchanges, OSL, finalizes the first tokenized warrant transaction with UBS.

OSL completes first transaction of tokenized UBS warrant on Ethereum

OSL Digital Securities has completed the first transaction involving the UBS pilot investment-grade tokenized warrant in Hong Kong, the company said in a press release. ...

7 months ago

Attorney General Targets Deceptive Earn Program

Bankrupt Crypto Lender Genesis Moves to Settle with NY Attorney General

Bankrupt lender Genesis on Thursday settled a lawsuit with New York Attorney General Letitia James over its now-defunct Earn program. The Earn program, operated jointly with Gemini Tru...

7 months ago

A group of disgruntled Voyager investors has sued North America’s top basketball league, alleging it is implicit and liable for their losses on the failed platform.

NBA sued over marketing links with failed crypto lender Voyager Digital

The National Basketball Association (NBA) is facing a proposed class-action lawsuit over its marketing deals with now-collapsed crypto lender Voyager Digital, which the platform’s users cl...

7 months ago

The institutional digital asset trading platform unveiled in 2018 amid huge fanfare has just disclosed it “might not be able to continue as a going concern.”

Bakkt, once touted as Bitcoin’s ‘savior,’ is running low on cash

Crypto company Bakkt, which launched in 2019 and is backed by the Intercontinental Exchange (ICE), has just warned it may not have enough cash to stay in business over the next 12 months. ...

7 months ago

Bridgetower ME Launches to Boost Digital Asset Sector in UAE

Bridgetower Capital and Deus X Capital Launch $250 Million Digital Asset Platform in UAE

Bridgetower Middle East, established by Bridgetower Capital and Deus X Capital, launched a digital asset platform in Abu Dhabi to cater to institutional investors in the UAE ...

7 months ago

CleanSpark expects its operating hash rate to double in time for Bitcoin’s halving once it spins up the mining rigs from four recently purchased facilities.

Bitcoin miner CleanSpark set to double hash rate as halving approaches

CleanSpark is set to double its hash rate in the first half of 2024 after the Bitcoin miner agreed to purchase four new mining facilities before the cryptocurrency mining reward is halved.

7 months ago

The position of BlackRock’s Bitcoin ETF could have been higher had it not missed the first seven trading days on the Nasdaq while awaiting the SEC’s approval.

BlackRock’s Bitcoin ETF reaches top 0.2% of all ETFs so far this year

BlackRock’s iShares Bitcoin Trust exchange-traded fund (ETF) has made it into the top 0.16% of all United States-issued ETF products. The spot Bitcoin ETF has topped $3.19 b...

7 months ago