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Putin Talks up Russia’s Crypto Credentials as Ukraine Tension Mount


  Recent talk of a ban on crypto in Russia may be premature – particularly after the nation’s President Vladimir Putin appeared to talk up the country’s crypto capabilities. And with the United States threatening to sanction the Russian leader over heightened tensions on the Ukrainian border...

Crypto-Based Money Laundering Still on the Rise, DeFi Gets Bigger Role


  Money laundering in crypto continued to rise between 2020 and 2021, although the illicit activity still remains below its all-time high from 2019. However, the takedown of two major illegal services in the past year may have made the activity less concentrated, blockchain intelligence firm...

Chinese Local Gov’ts, Tech Firms Take Tentative Metaverse Steps


  Chinese government-run firms and local governments are starting to explore metaverse-related innovations – although they are proceeding with due caution, given the fact that the nation last year enacted its most stringent crypto crackdown to date. With the rest of the tech world launching...

Why and How Crypto Will Rule Metaverse


  Rabindra Ratan, Associate Professor of Media and Information, Michigan State University, and Dar Meshi, Assistant Professor of Communication Arts and Sciences, Michigan State University. ____... Read More: Why and How Crypto Will Rule Metaverse

First 1,000 Robinhood Customers Get Crypto Wallets


  US online trading platform Robinhood has launched a beta program for its crypto wallet, and it began to roll out the wallets to 1,000 customers from the top of its WenWallets waitlist.  By March, the program is set to cover 10,000 customers before the feature is activated for the rest of...

Twitter Introduces Verified NFT Profile Pics, Sets up Foundation Account


  The social media giant Twitter has taken further tentative steps into the world of Ethereum (ETH) and non-fungible tokens (NFTs) – by moving to allow some users to use verified NFTs as their profile pictures. And the firm has also apparently created an account on the invite-only ethereum-based...

Venezuelan Vice Minister Tells Investors to Pay in Crypto to Dodge Sanctions


  A Venezuelan minister has been singing the praises of crypto – and suggesting that the government, which amassed a large bitcoin (BTC) and ethereum (ETH) “stash,” plans to attract international and domestic investors by convincing them to use cryptoassets.... Read More: Venezuelan Vice Minister...

Andreessen Horowitz Eyes USD 4.5B For New Crypto Funds


  As another sign of venture capital money increasingly fueling the cryptosphere’s disruption of legacy finance, US venture capital firm Andreessen Horowitz (a16z) has unveiled plans to raise up to USD 4.5bn to launch new crypto-focused funds -- potentially more than doubling the amount it raised...

Opensea Acquires Dharma Labs, Co-Founder Is Named New CTO


Opensea, one of the biggest NFT marketplaces globally, recently announced it is acquiring Dharma Labs. The price is believed to be between $110 million and $130 million. As a result of the new agreement between the two companies, Nadav Hollander, a co-founder at Dharma Labs, will become the...

Chinese Central Bank: In Pilote Stage, Digital Yuan Has 261M Active Users


  China’s central People’s Bank of China (PBoC) has claimed over 261m users in the nation activated digital yuan wallets by the end of last year – in addition to the 20 million-plus who have downloaded its official pilot app, which was released to marketplaces in some cities earlier this...

Milan Fashion Meets Crypto in Fendi-Ledger Collaboration


  In an unusual merger of cryptoverse high-tech and high-end fashion straight from the streets of Milan, the Italian luxury fashion house Fendi has teamed up with hardware wallet maker Ledger to showcase two tech accessories for the latter company’s flagship Ledger Nano X. Fendi has unveiled...

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