FBI will use NFTs to contact victims of crypto fraud scheme Clucoin
The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pleaded guilty to using the funds to fund his online gambling habit.
Related Posts


Texas Financial Watchdog May Recognize Stablecoins as Money for Licensing Purposes
The Texas Department of Banking could consider stablecoins as money, making them and exchanges that deal with them subject to a number of Texas laws and license requirements, according to a Supervisory Memorandum published on Jan. 2.Supervisory Memorandum - 1037, which published by the financial watchdog examines the regulatory treatment of digital currencies under the…

Asia accounts for almost half of global crypto trading: Messari report
Crypto activity in Asia is equivalent to that in the U.S. and Europe combined. 2136 Total views 11 Total shares Research by Messari has delved into the Asian crypto landscape and revealed the region accounts for almost half of all digital asset trading, and boasts six of the top ten largest crypto unicorns.The report, penned…

Powers On… Top 5 crypto legal and regulatory developments of 2021
While still leading the securities litigation, hedge fund and SEC defense national practices at my last law firm, BakerHostetler, my practice team members and I would prepare an annual list of key developments and cases in the area each December. It was usually a top 10 list that was then published by Wolters Kluwer in…

China: Media Alliance to Use Blockchain Technology for Copyright Protection
A media copyright protection alliance has been established in Beijing to provide copyright protection services using blockchain technology, according to the Chinese state-owned International Finance News on Dec. 19.The newly established alliance — the "China Financial Media Copyright Protection Alliance" — involves more than 30 major financial media outlets such as International Finance News, Economic…

EU officials sign Markets in Crypto-Assets framework into law
First introduced in 2020, MiCA aims to create a consistent regulatory framework for crypto assets among the European Union member states. 213 Total views 1 Total shares Officials with the European Union have signed the Markets in Crypto-Assets, or MiCA, bill into law following final approval from finance ministers.On May 31, Sweden’s minister for rural…

Bitcoin’s price rally to $70K could lure buyers to XRP, KAS, STX and JASMY
Bitcoin remains on target to reach $70,000, and if that happens, XRP, KAS, STX and JASMY could find buyers.

BlockGPT launches ‘chat to earn’ ecosystem for training AI
A new Web3 initiative aims to build a ChatGPT-style artificial intelligence system on the blockchain. 106 Total views 1 Total shares BlockGPT, a recently-launched Web3 company, announced the launch of its ‘chat to earn’ artificial intelligence (AI) service and related blockchain ecosystem on May 11. According to the company, BlockGPT aims to create a decentralized, token-governed…

Ripple Joins ISO Global Standards Body on Cross-Border Payments
Ripple claims to be the first DLT-focused member of the global ISO 20022 standards body, driving international standards for interoperability between financial institutions. Ripple has become a member of the ISO 20022 standards body, which is driving a new data standard for payments and data messaging between global financial institutions.The company claims to be the…