FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

An initial surge in the FTT token after the news turned negative, leaving FTT plummeting 15% today.

FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

FTX, the bankrupt cryptocurrency exchange that was run by Sam Bankman-Fried, said it expects to fully repay its customers, according to a 

7 months ago

Tether launches educational program aimed at developing Web3 skills

Stablecoin issuer Tether (USDT) is launching an educational program called Tether Edu.

Tether launches educational program aimed at developing Web3 skills

According to the Tether’s announcement, as part of Tether Edu, the company will increase the availability of digital product development skills and coordinate various educational prog...

7 months ago

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

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

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

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

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

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

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

Traders pumped and dumped another ‘JUP’ during $700M Jupiter airdrop

Some traders may have speculated on the price of the wrong token, while a 17-year-old trader claims to have raked in $1 million in airdrops of the actual Jupiter token.

Traders pumped and dumped another ‘JUP’ during $700M Jupiter airdrop

A seven-year-old defunct Ethereum-based protocol may have briefly benefitted from the $700 million airdrop for Solana-based exchange aggregator Jupiter due to its similar price ticker.

7 months ago

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

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

Visa enables crypto withdrawals on debit cards in 145 countries

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

GitHub repository exposed Binance’s internal passwords and code

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

Trade cryptocurrency with ease and enjoy low trading fees!
Trade cryptocurrency with ease and enjoy low trading fees!

Quickly and easily trade cryptocurrency at Wollito.com

Find your answers instantly in our Support Center
Find your answers instantly in our Support Center

Taking good care of our customers is our top priority. Wollito Customer Support is here to pro...

Wollito NFT - Coming Soon
Wollito NFT - Coming Soon

List your NFT for FREE with Wollito NFT's.