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US Treasury Warns NFTs May Present New Illicit Finance Risks


The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more than $80 billion by 2025. NFTs May Present Illicit Finance Risks The U.S. Department of...

Sunday Comics: But Hey!


Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more

Belarus Moves to Allow Investment Funds to Acquire Crypto Assets


The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institutions to the country. Finance Ministry Takes Steps to Facilitate Crypto Investments...

Akropolis Partners With Clover Finance to Speed DeFi Expansion


Akropolis is pleased to report that the Clover Wallet has been successfully integrated into their dApp. Akropolis consumers can now securely hold, barter, and exchange cryptos and NFTs on cell phone, plug – ins, and the web. Clover’s extension wallet claims to support most Ethereum...

Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit


On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said...

Sony Is Spending 1.2 Billion To Keep Destiny 2 Devs From Leaving


When Sony revealed its surprise $3.6 billion deal to buy Bungie, it was clear the PS5 manufacturer was paying a premium for the original creators of Halo and now Destiny 2. Now the company has revealed roughly a third of that price tag is actually just to pay Bungie developers so they don’t...

BTC, ETH, and NFT Won’t Be Legalised, Says Finance Secretary of India


India has always been one of the few countries that have expressed hostility towards cryptocurrencies as a threat to the nation’s economy. In a public speech a few months ago, the prime minister of India, Narendra Modi, expressed the government’s stance against decentralized finance....

Augmented Finance Integrates ChainLink for Improved Protection


Following other crypto projects, Augmented Finance has entered a partnership with ChainLink to improve the performance of its platform across blockchains. It is not easy to sustain a successful platform amidst the growing competition in the DeFi sector. So, firms are increasingly looking...

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