BLOCKCHAIN

U.S. Treasury Gives Sanctions to USDC and Eth Addresses Linked to Tornado Cash

[ad_1] The protocol was at the heart of recent decentralized finance hacks and exploits, notably the reported theft of $455 million by the North Korea-affiliated Lazarus Group. The U.S. Treasury Department has placed more than 40 bitcoin addresses purportedly linked to the controversial mixer Tornado Cash on the Office of Foreign Asset Control's (OFAC) Specially Designated Nationals list. OFAC essentially blocked U.S. residents from utilizing Tornado Cash in a Monday
BLOCKCHAIN

Portuguese Banks Begin Closing Of Crypto Accounts, Cites Risk Management Issues

[ad_1] All exchanges that have had their accounts terminated, including Criptoloja, Mind The Coin, and Luso Digital Assets, have been licensed by the Bank of Portugal. Several prominent banks in Portugal are shutting bitcoin exchange accounts due to "risk management" concerns, indicating a reversal in Portugal's pro-crypto stance. Portugal's central bank seems to have given the financial institutions permission to act. Several of Portugal's leading banks recently canceled the accounts
BLOCKCHAIN

NFT Tech Partners with Sony’s Hawk-Eye Innovations to Strengthen Foothold in Sports NFTs

[ad_1] VANCOUVER, British Columbia--NFT Technologies Inc. (NEO:NFT)(FRA:8LO)(OTC:NFTFF) (the “Company” or "NFT Tech"), a leading technology company mainstreaming decentralized ownership, NFTs and the metaverse for public markets, announced today its partnership with Sony’s Hawk-Eye Innovations to connect live sports data to the massive potential of the sports NFT market. Sony’s Hawk-Eye Innovations offers best-in-class officiating, broadcast and digital solutions to the sports world. NFT Technologies Inc. (NEO:NFT)(FRA:8LO)(OTC:NFTFF), which was a pioneer
BLOCKCHAIN

Robinhood’s Crypto Unit Fined $30 Million By New York Financial Regulator

[ad_1] The New York Department of Financial Services, or NYDFS, has fined Robinhood's cryptocurrency arm $30 million for suspected anti-money laundering violations, cybersecurity, and consumer protection regulations. NYDFS Superintendent Adrienne Harris announced on Tuesday that Robinhood Crypto would pay a $30 million penalty to the state "for major violations in the areas of bank secrecy act/anti-money laundering responsibilities" and cybersecurity issues that allegedly breached New York regulations. Robinhood's crypto subsidiary,
BLOCKCHAIN

Cryptopunk’s Volume Increased by 1,847% After Tiffany & Co. Launched a Special NFT Line.

[ad_1] Anyone can purchase the newly released NFTiff, but Punk holders who already own one can redeem it for a custom pendant. The trading volume of CryptoPunks, one of the sector's most popular nonfungible token (NFT) collections, increased by 1,847% in 24 hours on Monday. Punk NFTs valued at about $1,226.68 Ether (ETH) were traded during that period. The rise in demand appears to be related to the unveiling of