Wollito UAB

The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers.

South African regulator may license 36 crypto companies in December

South Africa’s principal financial regulator, the Financial Sector Conduct Authority (FSCA), reviewed 128 applications from crypto service asset providers (CASPs) but intends to discuss on...

9 months ago

A malicious actor behind at least $5 million in crypto theft through “address poisoning" significantly ramped up attacks against Safe Wallet users in the last week.

Safe Wallet scammer steals $2M through 'address poisoning' in one week

A crypto hacker specializing in “address poisoning attacks" has managed to steal over $2 million from Safe Wallet users alone in the past week, with its total victim count now reachin...

9 months ago

Defining ‘Income’ in the Digital Age

This Supreme Court Case and IRS Broker Rule Together Could Redefine Crypto Taxation

A critical Supreme Court case and its ruling could redefine the taxation of digital assets. Intersecting with the vexed IRS broker rule announced earlier, this case may potentially reshape crypt...

9 months ago

Experts say this has been fuelled by expectations of the US Fed cutting interest rates in 2024 and the eventual approval of a Bitcoin ETF

Bitcoin crosses $40,000 mark. Why is crypto rising again?

The crypto market is witnessing its best performance since May 2022, with Bitcoin and Ethereum breaching the $41,000 and $2,200 marks, respectively. The latest rally has taken the total crypto m...

9 months ago

The Philippine SEC announces plans to block Binance access, cautioning against unregistered investments and warning of legal repercussions for promoters.

Philippines SEC to restrict Binance, warns of legal risks for promoters

The Philippine Securities and Exchange Commission (PSEC) has initiated measures to restrict the accessibility of the Binance trading platform within the nation. According to the regulators,...

9 months ago

Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust.

Crypto exchange FTX gets nod to sell $873M of assets to repay creditors

Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust assets, with proceeds used to repay creditors impacted by the exchange’s collapse in 2022,&...

9 months ago

New Amendment Allows for Comingling of Assets

Grayscale Proposes GBTC Fund Amendment as Spot Bitcoin ETF Looms

Grayscale, the manager of the Grayscale Bitcoin Trust (GBTC), has proposed amendments to the trust’s agreement in preparation for a potential uplisting to a spot Bitcoin (BTC) ex...

9 months ago

Popular cryptocurrency wallet Trust Wallet has alerted users about an ongoing issue with the Bitcoin (BTC) node that may result in transaction delays and missing transaction history.

Trust Wallet Warns Users May Face Transaction Delays and Missing History Amidst Bitcoin Node Instability

In a Thursday post on X (formerly Twitter), Trust Wallet said they are “experiencing a BTC node issue” that could lead to transaction delays and missing transaction history.

9 months ago

The licence will allow Fasset to serve institutional investors, qualified investors and retail investors.

Digital Asset Investment Platform Fasset Wins Operational License in Dubai

Fasset, a digital asset investment platform, has won a license to operate in Dubai as a Virtual Asset Service Provider (VASP), allowing it to serve institutional, qualified, and retail investors...

9 months ago

VeChain recently tweeted about being featured in another academic paper.

VeChain expands its status in food security & waste management

The network was showcased as a prime example of blockchain use cases. The network has made significant progress in the domains of food security and waste management and has published a...

9 months ago