The Federal Bureau of Investigation (FBI) has launched a new unit to tackle crypto exploitation. The new team will work with the National Cryptocurrency Enforcement Team of the Department of Justice (DOJ) to combat “the criminal misuse of cryptocurrencies.”
With cryptocurrency markets showing slight bearish momentum this weekend, some Metaverse crypto coins still managed to see price growth.
OpenSea, one of the most popular nonfungible token (NFT) marketplace, has rolled out an upgrade to its smart contract, a proactive measure to weed out inactive listings on the platform.
While the Canadian government and Prime Minister Justin Trudeau try to quell the demonstrations in Ottawa by sending police to the encampment on Friday, a United States version of the Canadian trucker’s Freedom Convoy called the “People’s Convoy” is underway. According to the American Foundation for Civil Liberties & Freedom, the U.S. convoy has raised more than $100K so far.
XRP whale addresses holding over 10 million tokens or more have managed to accumulate close to 900 million $XRP, worth around $700 million at the time of writing, since December 2021 in the “second-largest” accumulation they have made over the last 5 years.
Dapper Labs is having a busy start to 2022. Its UFC Strike NFT platform launched last month, its NFL All Day marketplace is nearing its public launch, and NBA Top Shot is trending up again. On top of all of that, the firm’s Flow blockchain ecosystem is growing, particularly as IP holders gravitate towards the platform.
On Friday, the National Association for Stock Car Auto Racing (NASCAR) announced the firm launched digital collectibles for this year’s Daytona 500. NASCAR’s series of limited-edition Daytona 500 NFT drops is part of a partnership with the Wax blockchain team.
NFTs continue to make an impact on multiple sectors, and this mainstreaming is opening up new opportunities and revealing new trends for blockchain technology.
Five members of the Georgia House of Representatives have introduced a bill that would exempt local crypto miners from paying sales and use tax.