Crypto

Failure to enforce sanctions against Russia in accordance with the larger financial services industry will cost the crypto sector dearly.

The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has announced its first-ever penalties against a crypto mixer. According to the Treasury Department, Lazarus Group used the mixing service to process criminal earnings from the $620 million crypto theft of the online game Axie Infinity.

Google is forming a Web3 team within its cloud division, stating that 'it is already displaying significant potential.' 'We're giving tools for firms to exploit and take advantage of the distributed nature of Web3 in their current businesses and enterprises,' a Google executive noted.

Theta Labs and Sony Group Corporation have announced a partnership to launch 3D non-fungible token (NFT) assets. The future NFTs are designed for three-dimensional viewing and will be made for the Sony Spatial Reality Display.

If someone spills coffee, 'We don't want everyone in the DAO to vote on who cleans it up.'

Prices are rising at a time when the public has little faith in government to solve the problem. That leaves bitcoin, the ultimate anti-inflation hedge, as an option.

ETH tokens that have been staked continue to exhibit signals of investor confidence.

More than half of central banks are designing CBDCs or conducting concrete tests, according to a survey performed by the Bank for International Settlements in 2021.

According to a schedule released Thursday, the Senate Environmental Conservation Committee will not consider the contentious bill.