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Smartbch Poolside Puffers NFT Collection Sells Out in 3 Days — 100% of Proceeds Goes to Orphanage in Vietnam
7.10.2021
Non-fungible tokens (NFTs) have been extremely popular in recent times as a great number of collections have been dropped and billions of dollars worth of NFTs have been exchanged. Just recently, a collection of NFTs stemming from the Smartbch protocol called “Poolside Puffers”...
US Treasury Sanctions Crypto Exchange, Bitcoin Mining at Home + More News
21.9.2021
ilitating transactions involving illicit proceeds for at least eight ransomware variants - marking its first such move against a virtual currency exchange over ransomware activity. Some virtual curre
Trippy Bunny NFT donates 100% of mint proceeds to suicide prevention foundation
11.9.2021
Cryptocurrency donations platform The Giving Block facilitated the contribution, which totaled nearly $221,000 in GUSD
Oscar Mayer Is Auctioning a 10-Pack of Dogecoin-Themed Hot Dogs, Proceeds Go to Hunger-Relief Charity
6.8.2021
After a great number of well known product brands like Burger King, Axe, Snickers, Milky Way, and Slim Jim have been riding the dogecoin hype, the American meat and cold cut manufacturer ​​Oscar Mayer has also jumped on the dogecoin bandwagon. Similar to Axe, Oscar Mayer has also...
Porsche to Sell Exclusive Design Sketch as Non-Fungible Token
4.8.2021
Porsche has announced its first NFT auction following the recent launch of the token-based Fanzone platform. The German high-performance car maker will sell a unique design sketch as part of the pilot project. The proceeds will be used to fund a noble cause. Porsche to Auction NFT of New Design...
Taxpayers to avoid obligations by sending mining proceeds to IRAs
29.7.2021
The IRS has considered crypto mining revenue as part of taxable income since 2014
NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War
16.7.2021
A non-governmental organization (NGO), Save Tigray, has announced it will be using the proceeds from the sale of non-fungible tokens (NFTs) to support its goal of averting famine in Ethiopia’s war-torn Tigray region. According to Save Tigray, the NFTs, which are “based on interpreted...
Los Angeles Dodgers to Auction 2020 World Series Ring NFT via Candy Digital
12.7.2021
After Major League Baseball (MLB) revealed a partnership with Candy Digital, the Los Angeles Dodgers announced it is auctioning a non-fungible token (NFT) World Series championship ring, a physical version, and a VIP first pitch experience. The NFT collection will start with an online auction...
Russia Drafting Law on Confiscation of Crypto Assets
8.7.2021
Russian Prosecutor General Igor Krasnov has revealed that legislative amendments are being prepared on the confiscation of crypto assets. “A serious challenge is the criminal use of cryptocurrencies in our country,” he said. Russia is preparing amendments to the current legislation...
FinCEN Names Misuse of Cryptocurrencies a National Priority
4.7.2021
The Financial Crimes Enforcement Network (FinCEN) has named “cybercrime, including relevant cybersecurity and virtual currency considerations” a national priority. In particular, the Treasury is concerned about the “misuse of virtual assets that exploits and undermines their...
Microstrategy Selling up to $1 Billion of MSTR Stock to Buy Bitcoin
15.6.2021
Microstrategy Inc. is selling up to $1 billion of its common stock, MSTR, with the aim to use some of the net proceeds to buy bitcoin. The Nasdaq-listed company also recently completed a $500 million secured notes offering and will use the proceeds to acquire bitcoins. Selling MSTR Stock to...
China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds
10.6.2021
Chinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. Crackdown on Telecom Fraud Using Cryptocurrency...
Microstrategy Selling $400M Bonds to Buy Bitcoin — Holding to Exceed 100,000 BTC
7.6.2021
Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured notes and will use the proceeds to acquire additional bitcoins. Microstrategy Acquiring More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) announced Monday it intends...
Notorious ‘Tiger King’ Joe Exotic Launches ETH-Based Token to Help Legal Fund
30.5.2021
The infamous Joseph Maldonado, aka “Joe Exotic,” from the docuseries “Tiger King: Murder, Mayhem and Madness,” has launched his own Ethereum-based token. According to the website tiger-king.org, the project will also feature non-fungible tokens (NFTs) and the proceeds from...
NBA Legend Paul Pierce and Poker Hall of Famer Phil Ivey to Join Joe Lubin of Consensys for a Virtue Poker Charity Tournament
28.5.2021
Virtue Poker revealed plans to organize a high-stakes 12-player celebrity poker tournament on its platform, live-streamed on Twitch, with the winner donating the event’s proceeds to their preferred charitable organization. Celebrity Charity Tournament Features NFTs & Giveaways Virtue...
Hollywood Sign, Amy Winehouse Photo to Be Auctioned as NFTs
21.5.2021
Non-fungible tokens can be sold to raise funds and two independent initiatives are now going to use proceeds from NFT auctions to finance charity projects. The tokens will represent one of the best known American landmarks, the Hollywood Sign, and a New York photograph of the late singer...
Metis: First Ever Community-Minted NFT Attracts Buyers With an Early Bid of 7 ETH
30.4.2021
PRESS RELEASE. The first ever community-minted NFT launched at OpenSea this week, attracting a bid of 7 ETH for this historic event and giving 256 lucky users the opportunity to share the proceeds of the NFT auction with the artist. That large bid is the latest stage of a highly popular campaign...
Edward Snowden Plans to Auction an NFT, Proceeds Will Go to Freedom of the Press Foundation
15.4.2021
The whistleblower and former Central Intelligence Agency (CIA) employee and subcontractor Edward Snowden has revealed he is stepping into the world of non-fungible token (NFT) assets. Moreover, 100% of the NFT sale proceeds will be donated to the Freedom of the Press Foundation. American...
New Suez Protocol to Incentivize Canal Dredging, Offer Digital Collectibles, and Split Toll Proceeds
1.4.2021
In its latest salvo to fix the world’s most concerning problems, Kucoin is adding a brand new coin to its exchange platform. Designed to keep the world’s key waterway open and prevent future trade blockages, the innovative Suez Protocol will reward owners in smiles. Too soon? Determined...
Fund Manager Warns Bitcoin Is Pointless and ‘a Particularly Vile Asset Class’
15.3.2021
Tim Bond, a portfolio manager at Odey Asset Management, has warned that bitcoin is pointless, calling the cryptocurrency “a particularly vile asset class.” He claims that bitcoin has no real social utility other than as a tool for speculation and a means to launder the proceeds...