Crypto transactions are legitimate but sanctions are still needed – Treasury official
The US Department of Treasury’s Deputy Secretary, Wally Adeyemo, stated that the department would likely be implementing harsher sanctions against corporations engaging in illegal ransomware payments. Adeyemo said the US government will certainly use sanctions when criminals endanger national security interests, speaking at an online event hosted by the Center for a New American Security […]
Worldcoin crypto project aims to make 1B crypto owners in 2 years
Worldcoin, a new crypto unicorn backed by crypto giant a16z and co-founded by Sam Altman, has unveiled its proposal to allow anyone to collect free coins in order to drive global crypto adoption. Providing free cryptocurrency to the entire world may sound like a pipe dream, but the Worldcoin project has received $25 million in […]
Houston firefighters’ relief and retirement fund reportedly allocates $25M to Bitcoin and Ether
A portion of the $4 billion pension fund for Houston firemen has been allocated to cryptocurrency, the fund is responsible for the benefits of more than 6,600 active and retired firefighters as well as surviving family members. According to a Bloomberg report published on Thursday, the Houston Firefighters’ Relief and Retirement Fund used the New […]
Candy Digital raises $100M in a Series A funding and is now valued at $1.5B
Candy Digital, a nonfungible token (NFT) startup, has raised $100 million in funding to extend its product portfolio and creative capabilities, marking yet another significant milestone for the fast-growing NFT market. Candy Digital announced Thursday that the funds will be used to extend its NFT product offerings across the global sports marketplace, including the creation […]
JD.com launches a unique NFT series on its own blockchain
Chinese e-commerce giant JD.com is entering the nonfungible token (NFT) market by launching a unique NFT series at its annual JD Discovery conference. JD.com will distribute commemorative NFT certificates to attendees of the JDD 2021 event in Beijing using its proprietary blockchain network, Sina Finance reported on Wednesday. JD.com will give away one NFT to […]