Wollito UAB

Hong Kong regulators wrote, “Many economically developed regions in the world have established statutory semi-official industry self-regulatory institutions to focus on industry development.”

Hong Kong officials recommend city’s crypto industry self-regulate

The Hong Kong Securities & Futures Professionals Association (HKSFPA) has recommended the city's crypto firms set up a self-regulatory committee and monitor one another for compliance.&n...

4 months ago

Bitcoin funds led outflows among crypto investments over the past week, with $192 million exiting the market ahead of the halving event.

Crypto investment products see outflows for second consecutive week — CoinShares

Investments in digital asset funds have declined for the second consecutive week, with $206 million in withdrawals between April 15-19, according to data from digital asset investment firm CoinS...

4 months ago

According to Bybit data, the growth trend of CEXs has failed to overtake the growth rate of decentralized exchanges (DEX), as major DEX Uniswap v3 increased volumes by 320%.

OKX, Binance and Bybit monthly volumes tripled since late 2023

A new report says trading volumes on global centralized cryptocurrency exchanges (CEX) like Binance have spiked significantly since late last year. According to data from the Bybit Ins...

5 months ago

With the new divisions, Tether aims to expand its mission to provide a range of new infrastructure solutions, investments and services.

Tether announces restructuring to go beyond stablecoins

Tether — the operator of the eponymous Tether stablecoin, the world’s largest stablecoin by market value — is restructuring to introduce new divisions beyond st...

5 months ago

Escaped South Korean Criminal ‘Had Help from Others’

Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’

The Ministry of Justice said on April 17 that the suspect was being held at the Seoul Detention Center on fraud charges. The center allowed the suspect to leave in November 2023 to att...

5 months ago

Binance and nine foreign crypto exchanges were blocked in India over non-compliance with local AML regulations.

Binance to return to India after paying $2M fine for non-compliance: Report

Binance crypto exchange is set to return to India after a four-month ban by paying a $2-million fine for non-compliance, according to a

5 months ago

The project's TVL surpassed $1 billion within one month of its testnet launch.

Ethereum liquid staking protocol Puffer Finance raises $18M in Series A

Puffer Finance, a liquid staking project built on Ethereum restaking protocol Eigenlayer, has secured $18 million in a Series A funding round to launch its mainnet. According to the Ap...

5 months ago

Eleven member organizations are taking part in the experiment focusing on the United Kingdom's RLN.

UK trade association experiments with Regulated Liability Network

UK Finance, a banking and finance trade association based in the United Kingdom, has announced the beginning of an experimental phase focusing on the U.K. Regulated Liability Network (RLN). Elev...

5 months ago

The AI industry faces bottlenecks caused by the scarcity and high costs of enterprise-grade GPUs.

Democratizing AI development: How consumer GPUs are breaking barriers to entry

The AI industry grapples with the scarcity and high cost of GPUs needed for training complex models. DEKUBE introduces a network solution for distributed AI training to democratize AI de...

5 months ago

The firm’s CEO, Eowyn Chen, shared a screenshot of the supposed “high-risk” exploit being sold on the dark web for a whopping $2 million.

‘Disable iMessages’ ASAP to avoid crypto zero-day exploit: Trust Wallet

Crypto wallet provider Trust Wallet is urging Apple users to disable iMessage, citing “credible intel” of a zero-day exploit that could allow hackers to take control of users’ ...

5 months ago