FBI will use NFTs to contact victims of crypto fraud scheme Clucoin

Bitcoin (BTC) recently reclaimed $35,000 but top traders at Huobi, OKEx, and Binance are not buying the breakout. Unlike the savvy institutional investors who may be desperate for protection against the debasement of fiat, the more crypto-focused investors seem to be waiting for dips.Institutional investors might also be celebrating the Jan. 4 announcement that the…

Over the last decade, cryptocurrency mining has been given a bad rap for the sheer amount of electricity required to power the industry. Back in 2017, it was pointed out that the collective power consumption of the Bitcoin (BTC) mining network in particular eclipsed the power consumption of some countries around the world. This was…

Decentralized autonomous organizations (DAOs) are blockchain-based entities that are collectively owned by their members. These organizations have the potential to change the way we think about employment and recruitment in the future. With the rise of remote work and a shift in attitudes towards work, DAOs provide an alternative approach to finding and participating in…

Trading volumes across various verticals of nonfungible tokens (NFTs) have been on a tear this year.Combined sales for collectible and art NFTs have reached $7.4 billion as of Q4 2021. The art NFT market has grown from $17.8 million on January 1 to $1.8 billion in total sales as of Nov. 5, 2021. At the…

1. How are blockchain marketing tools incentivizing users? They promote a sense of community and inclusion within a platform. Cutting out the middlemen has tumbled fees, and many startups are using this to their advantage. In addition to cheaper services compared with their mainstream rivals, they are luring in users through revenue-sharing schemes that give…

China’s Ministry of Industry and Information Technology (MIIT) has included a blockchain-dedicated laboratory on the list of its key labs for 2018, published August 13. According to the ministry's post, the lab will be dedicated to harnessing blockchain for the data security industry and IT, and will be overseen by the National Industrial Information Security…

A bill that seeks to regulate the local cryptocurrency industry has passed the the Senate of Paraguay. 499 Total views 7 Total shares On Dec. 17, 2021, the Senate of Paraguay approved a cryptocurrency bill introduced in July. The provisions, which define several key terms including virtual assets and call for licenses to mine cryptocurrencies,…

Wyoming is further solidifying its position as the most crypto-friendly state in North America. The crypto-friendly state of Wyoming has approved the first legally recognized Decentralized Autonomous Organization (DAO) in the United States.The American CryptoFed DAO received notice from the Wyoming Secretary of State's office on July 1 recognizing it as a legal entity, according…

Crypto exchange Bitfinex shareholder Zhao Dong has revealed details of the company’s reported plans to issue a native exchange token, which he claims will launch via a $1 billion initial exchange offering (IEO) in the coming days.According to a report from crypto news outlet CoinDesk on May 1, the Chinese bitcoin (BTC) billionaire posted to…