OFAC Sanctions 7 New Bitcoin Addresses Allegedly Associated With Iran-Related Ransomware Activities

The Treasury’s Office of Foreign Asset Control (OFAC) has published a specially designated nationals list update (OFAC’s SDN List) that lists a number of individuals accused of being involved with Iran-related ransomware. The list further shows seven bitcoin addresses that are allegedly associated with the Iranian ransomware gang. Iran Adds 7 New Bitcoin Addresses to … Read more

Russian Businesses to Choose Which Crypto to Use for Cross-Border Settlements, Lawmaker Says

Russian companies may start transacting in cryptocurrency with partners abroad as early as next year and will be free to pick the coin they want to use, officials in Moscow have indicated. The sanctioned country is preparing to legalize foreign trade settlements with digital assets and this could happen in the coming months. Russian Government … Read more

JazDID Will Launch Its First BNBChain Decentralized ID Domain Name .bab

JazDID is a project incubated by the largest metaverse on BNBChain USM.World, and will launch its first BNBChain decentralized ID domain name suffix “.bab.” USM won the no. 1 metaverse project for BNB’s MVBIII and is backed by Consensys Mesh Tachyon and OKX ventures. JazDID is a decentralized ID Domain name aggregator co-founded by ‘Unforgettable’ … Read more

Financial Heavyweights Citadel, Charles Schwab, Fidelity Confirm Cryptocurrency Exchange Launch

A number of financial giants including Fidelity Investments, Citadel Securities, and Charles Schwab Corp. announced on Tuesday that the consortium of companies plans to launch a cryptocurrency exchange called EDX Markets. Reports note that firms like Paradigm, Sequoia Capital, and Virtu Financial are also backing the new crypto trading platform. The story was first reported … Read more

Linux Launches Foundation to Bolster Open-Source, Multi-Purpose Crypto Wallets

On Tuesday, the non-profit technology consortium, the Linux Foundation, announced the launch of the Openwallet Foundation (OWF) in order to bolster the development of open-source crypto wallets. OWF’s goal is to increase “interoperability for a wide range of wallet use cases” and to develop a “secure, multi-purpose open source engine” that anyone can use to … Read more

Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain Networks

On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market capitalization. Tether Connects With the Near Protocol Tether has revealed that tether (USDT) is … Read more

Bitcoin and Ethereum Prices Show Significant Upside This Week, BTC up 13.34% While ETH Is up 11.76%

Cryptocurrency markets open in the green as the global crypto market cap is above $1 trillion. After the cryptocurrency market exited bearish territory last week, Bitcoin and Ethereum have shown significant upside this week, with BTC up over 13% while Ether is up 11.67%. We’ll likely continue to see bullish momentum for crypto markets, especially … Read more

Buenos Aires Might Implement Blockchain Systems to Make Social Aid Payments

Dario Nieto, a lawmaker in the city of Buenos Aires, has introduced a bill that would use blockchain systems to make social aid payments in order to bring clarity to these activities. Nieto has complained about the different intermediaries that use these social campaigns to make money and how introducing blockchain might eliminate these activities. … Read more

Russia’s Tech Giant Rostec to Test Digital Asset Payments in International Trade

Russia’s leading technology company, Rostec, is working on a project to integrate digital assets into cross-border trade. The state-owned corporation says the market is interested in cryptocurrency payments which can reduce sanctions pressure on Russian exporters and importers. Rostec Eyes Russky Island for Trials of Digital Currency Payments The largest Russian industrial and technology conglomerate, … Read more

Bitcoin Academy in Brooklyn Backed by Jay-Z and Jack Dorsey Airdrops BTC to Class Participants

Rap star Jay-Z, otherwise known as Shawn Carter, and Block CEO Jack Dorsey, recently airdropped bitcoin to members of the Bitcoin Academy in Brooklyn. Jay-Z’s mother, Gloria Carter explained in a statement that a myriad of residents from Brooklyn’s Bedford-Stuyvesant participated, and more than 350 people attended the crypto classes. Hundreds of Brooklyn Residents Attend … Read more

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