Month: March 2022

FinCEN includes crypto in alert on Russia potentially evading sanctions

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The United States Financial Crimes Enforcement Network, or FinCEN, a bureau of the Treasury Department, has warned financial institutions to consider crypto as a possible means Russia may attempt to use to evade sanctions related to the country’s military action in Ukraine. In a Monday alert, FinCEN reminded U.S.-based financial institutions “with visibility into cryptocurrency” and convertible virtual currency, or CVC, to report any activity that could be considered a potential way for Russia to evade sanctions imposed by the U.S. and its allies. While the U.S. watchdog said that…

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Bitcoin Caught Between Fierce Sellers And Scarce Buyers, $36K Incoming?

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Bitcoin has taken another turn to the downside, at the time of writing, after moving sideways during the weekend. As NewsBTC has been covering over the past days, BTC lost critical support at around $40,000, and seems likely to continue its downtrend. Related Reading | Data: Bitcoin Miners Are Quietly Accumulating While The Market Bleeds Bitcoin is trading at $38,118 with a 2.6% loss in the past 24-hours. BTC trends downwards on the 4-hour chart. Source: BTCUSD Tradingview Per a recent report from Glassnode Insights, Bitcoin has reached a delicate…

Checkpoint ($LOAD) to Launch on KICK․IO – Press release Bitcoin News

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press release PRESS RELEASE. Our recent streak of successful Public sales continues as KICK.IO welcomes yet another very exciting project to the launchpad! Checkpoint is a multifaceted media brand, which specializes in educational video games, as well as free of charge content such as interactive digital magazines, podcasts, and lesson plans. Unlike the technologically inexperienced competitors, Checkpoint is on an ambitious journey to utilize the forthcoming Web 3.0 iteration of applications and the metaverse to uniquely position itself as the pioneering content platform, with wide reach and influence. Checkpoint offers…

Adobe’s Behance adds support for Solana NFTs

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Behance, the creative showcase platform owned by Adobe, announced on Monday that users can now connect their Phantom wallet to their Behance accounts and showcase Solana (SOL) nonfungible tokens (NFTs) on their profiles. Phantom is a Solana wallet built for decentralized finance, or DeFi, applications as well as for NFTs. QuickNode, a Miami-based Web3 infrastructure platform, helped build out this feature with Adobe on Solana.  Behance creators can already display their NFTs minted on the Ethereum (ETH) blockchain within their profiles. William Allen, the Adobe vice president leading Behance, explained…

Immutable raises $200M to invest in blockchain gaming, bringing valuation to $2.5B

Australian NFT trading platform Immutable announced a $200 million Series C funding round led primarily by Singaporean state-owned investment firm Temasek and with participation from Animoca Brands and Tencent. Additional investment from ParaFi Capital, Princeville Capital and Arrington Capital as well as from existing backers King River Capital, Prosus Ventures, AirTree Ventures, Declaration Partners and others have raised Immutable’s valuation to $2.5 billion.   The company intends to put this capital toward developing its Immutable X layer-2 scaling solution for nonfungible tokens (NFTs) on the Ethereum network and scaling Immutable Gaming Studio, which…

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Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion – Finance Bitcoin News

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Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming studio. Immutable Raises $200 Million, NFT Startup Aims to Bolster Gaming Studio On Monday, the blockchain company Immutable revealed it raised $200 million from investors in a Series C funding round. The financing was led by Temasek alongside other participants including Tencent, Animoca Brands, Mirae…

BRISE token soars to new highs after the official launch of BitGert Chain

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The cryptocurrency ecosystem as a whole has taken a back seat to events in the larger world but this is not stopping developers from building. One project that has recently begun to gain traction thanks to its focus on creating a high throughput, low-cost blockchain network is Bitgert (BRISE), a crypto engineering organization that has set out to build a blockchain network capable of processing 100,000 transactions per second for little to no cost for the user. Data from Cointelegraph Markets Pro and CoinGecko shows that since hitting a low…