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Canarian Government Adopts Blockchain for Maritime Decarbonization
The government of the Canary Islands, through the Ministry of Economy, Knowledge and Employment, announced the integration of blockchain technology in the CIDE Network project to accelerate maritime decarbonization, as well as fuel reduction. The success case of Alfaship Shipping Agency, also k...
crypto (NFT)
Sam Bankman-Fried loses $700 million in assets to US authorities
Hours after the US Securities and Exchange Commission - SEC formally accused Sam Bankman-Fried of fraud, federal prosecutors announced that they have seized nearly $700 million from SBF, including cash and assets from FTX.According to CNBC, the current CEO of FTX, John Ray, is trying to rescue the f...
crypto (NFT)
New Resource for SBF Victims US Prosecutors Release Website
The United States government has asked those who believe they have been affected by the crimes of Sam Bankman Fried - SBF to contact federal prosecutors to verify if they are victims.According to a press release on January 6, federal prosecutors have asked those who believe they are victims to send ...
crypto (NFT)
Balancer Notifies Users of Suspected Major Exploit
The DeFi protocol Balancer has asked liquidity providers to immediately withdraw their liquidity from certain pools due to a security issue. The DeFi protocol revealed that the affected liquidity pools included DOLA/bb-a-USD on Ethereum, It's MAI Life and Smells Like Spartan Spirit on Optimism,...
crypto (NFT)
Coinbase and New York Regulators Reach Major Agreement
On January 4, New York regulators announced that cryptocurrency Coinbase will pay a fine of $50 million and invest another $50 million in its compliance program following an agreement with the New York State Department of Financial Services. The fine was issued after regulators discovered that ...
crypto (NFT)
Two-Thirds of Traditional Financial Institutions Predict US Recession in 2023
The US economy may be in for a rough ride. According to a survey by the Wall Street Journal, financial experts are predicting that the country will face an economic recession this year.Over two-thirds of economists from 23 major financial institutions that operate with the Federal Reserve believe th...
crypto (NFT)
Preserving Catalan Traditions in the Metaverse
The Metaverse, a digital parallel reality that has recently gained mainstream attention, has been in development for decades. It has been made possible by the rapid digital acceleration brought on by the COVID-19 pandemic, the rise of social gaming, and the maturity of blockchain technology.&nb...
crypto (NFT)
2 executives of the AAX cryptocurrency exchange arrested in Hong Kong
Hong Kong police detained two executives from cryptocurrency exchange AAX on charges of fraud and misleading the police.Local authorities accused the head of the company of declaring system maintenance as an excuse to delay clients withdrawing assets amid liquidity problems.Weigao Capital Liang Haom...
crypto (NFT)
Cryptocurrency Casino Announces Brazilian Soccer Player David Luiz as Ambassador
BC.GAME cryptocurrency casino announced that David Luiz, the Brazilian professional soccer player for Flamengo, has become an official brand ambassador.David Luiz's deal with BC.GAME will not only help the crypto casino gain more exposure. As an ambassador and as one of the most prominent soccer pla...
crypto (NFT)
The Bank of Canada urges the need to regulate stablecoins within the framework o...
The global market for fiat-pegged crypto assets grew 30-fold between early 2020 and mid-2022, reaching $161 billion. They are primarily used in cryptocurrency trading platforms, the note states, but have potential for a wide variety of other uses, especially in combination with smart contracts....
crypto (NFT)
China Arrests 63 People for Laundering $1.7 Billion with Crypto
The Horqin branch of the Public Security Bureau of Tongliao City, Inner Mongolia Autonomous Region revealed that it has successfully suppressed the money laundering ring.Chinese authorities arrested a gang of 63 people for laundering 12 billion yuan - $1.7 billion using cryptocurrency.The gang was i...
crypto (NFT)
Red Cross tests blockchain based tokenized aid project
The Red Cross is working on a blockchain-based aid delivery project.The International Committee of the Red Cross - ICRC is working on developing a crypto alternative for assistance in partnership with the Partisan layer one blockchain.The prototype aims to distribute tokenized aid to people in confl...
crypto (NFT)