British Security Think Tank’s Report Warns NFTs Could Bolster Money Launderin...
The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your customer’ monitoring system “needs to be implemented.” RUSI: ‘NFT Technology Can Raise Alarm Bells From a Money Laundering and Financial Crime Perspective’ The Royal United Services Institute for Defence and Security Studies otherwise known as RUSI, was founded in....
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The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications.
Sequoia Capital India and more than 40 VC Firms Inject $450 Million Into Polygon’s Coffers
Polygon has raised $450 million from strategic investors according to a press release sent to Bitcoin.com News on February 7. The funding round was led by Sequoia Capital....
A theorized based report by the RAND Corporation revealed this December details some interesting scenarios involving virtual currencies. The pdf published by the organization is over 100 pages of various possibilities concerning “non-state actors” within terrorist networks, criminal enterprises, and malicious individuals. The U.S. Military and Homeland Security funded group titles the paper, “National Security Implications of Virtual Currency” and it examines how “Virtual Currencies” (VC) could bolster these enemies of the state internationally, and within the country. The RAND Corporation....
Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, has warned about regulators coming down hard on bitcoin. In addition, he says that “even if bitcoin were to go up another 2,000%, it’s completely irrelevant to institutional clients.” Kevin O’Leary Warns of Brutal Bitcoin Regulation, Says Bitcoin Is Not an Institutional Product Canadian investor and television personality Kevin O’Leary talked about bitcoin in an interview on Thursday with CNBC’s Squawk Box. O’Leary was asked whether he had changed his mind about bitcoin from thinking....
Legendary investors and “Shark Tank” investors Mark Cuban recently gave an interview sharing his views on Bitcoin, Ethereum, Dogecoin, Cardano, and other projects in the space. Cuban is a controversial figure in some crypto communities due to his heated opinions on the projects that should receive investors’ attention and those that might be poised to […]
With the rise in non-fungible tokens (NFTs) popularity, the space has seen the sale of some interesting things and pieces on the blockchain. In Feb. 2022, an artist blew up a Lamborghini Huracan and sold the charred remains as NFTs. British artist Damien Hirst burned hundreds of physical artworks after selling them as NFTs on […]