Blender and Sinbad operators face US money laundering charges
Two Russian nationals face charges of conspiracy to commit money laundering and operating an unlicensed money-transmitting business, while one remains at large.
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NFT collections brought to life at SXSW: Doodles and FLUF World
Cointelegraph journalists at South by Southwest, or SXSW, in Austin, Texas reported that NFTs were everywhere this year, marking a new phenomenon for what began as a music festival in 1987. Since evolving into a film, tech and general culture gathering, and after a two-year hiatus, SXSW added blockchain programming to the mix with crypto-related panels, blockchain company…

Microsoft launches game to celebrate women in science — with Minecraft NFT rewards
Microsoft’s new game rewards players with NFTs that unlock secret games inside Minecraft. 443 Total views 6 Total shares Tech giant Microsoft and blockchain developer Enjin have teamed up to release a game celebrating women in science that rewards players with Minecraft-compatible non-fungible tokens.“Azure Space Mystery” is an interactive, fictional online game designed to celebrate…

Brazil’s crypto regulatory environment is driving competitiveness — CEO of Coinext
Cryptocurrency may be "out of fashion", but it still draws new users to Web3 every day, in particular in emerging markets such as Brazil, according to Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext. During the Web Summit in Lisbon, Ribeiro discussed with Cointelegraph's Joe Hall Bitcoin's perspectives, Brazil's vibrant crypto economy and how regulatory

DePIN needs thoughtful regulation — not lawsuits
Opinion by: Kai Wawrzinek, co-founder of Impossible Cloud Network It seemed like the punitive US Securities Exchange Commission crypto enforcement era was over, but former Chair Gary Gensler left us some truffles to unearth. Even after his departure, Gensler’s “regulation by enforcement” approach continues reverberating. We may be living under the first pro-crypto administration in

SEC Charges ICO Operator for Misrepresenting His Platform’s Technology
The long arm of the law comes for another ICO. The U.S. Securities and Exchange Commission, or SEC, publicized legal action against another 2017 Initial Coin Offering, or ICO. Boon.Tech and Rajesh Pavithran, the project's CEO, face fraud accusations from the commission, as well charges associated with securities registration, an Aug. 13 statement from the…

60 million NFTs could be minted in a single transaction: StarkWare founder
Zero-knowledge (ZK) rollup tech company StarkWare founder Eli Ben-Sasson says its new Recursive validity proofs could theoretically roll up as many as 60 million transactions into one on the Ethereum blockchain.The zkSTARK co-inventor made the comments to Cointelegraph during ETH Seoul on Aug. 7 after announcing the start of production of StarkWare’s new Recursive validity…

Japanese Platform Pays for Watching Ads. The Coin Can Be Used in Local Stores
A Japanese video platform service, called c0ban.tv, has started its expansion to English-speaking markets, as the startup team has reported to Cointelegraph. The platform has its own cryptocurrency and is developed by the LastRoots corporation, famous for its popular cryptocurrency exchange.Buying lunch with cryptoThe c0ban.tv platform publish short video ads. It already has over 50,000…

Crypto remittances in Venezuela surge as economic situation worsens
Sanctions from the United States, spiraling inflation and government corruption have created an economic nightmare for Venezuelans.