The U.S. Department of the Treasury released a study on the high-value art market, highlighting the potential in the nonfungible tokens (NFT) space to conduct illicit money laundering or terror financing operations.The treasury’s “Study of the facilitation of money laundering and terror finance through the trade in works of art” suggested that the increasing use of art as an … [Read more...] about US Treasury targets NFTs for potential high-value art money laundering
The CEO of digital assets financial services firm Eqonex is to step down as the company holds talks on a potential merger or takeover.CEO Richard Byworth will step down with immediate effect and be replaced with chief operating officer Andrew Eldon on an interim basis, Eqonex announced Monday.Eqonex is“engaged in ongoing strategic discussions with third parties including the … [Read more...] about Eqonex CEO Steps Down Amid Talks of Potential Merger Options
Cryptocurrency asset managers Grayscale has released a report titled “An Introduction to Solana.” The firm gives a comprehensive assessment of the project, including its history, practical applications, and an overview of its potential risks.Solana – the success story of 2021According to CoinMarketCap, on January 3, Solana was ranked 112th with a market cap of just under $101 … [Read more...] about Grayscale report highlights potential Solana risks, should you be concerned?
The metaverse is a digital world combining elements of augmented and virtual reality, the internet, gaming, art, culture and social networking. Participating in these worlds usually requires a user to use cryptocurrency tokens or purchase objects in the virtual world, which are typically sold as non-fungible tokens (NFTs). Source link … [Read more...] about SAND, MANA Tokens Surged in November as Crypto Traders Bet on ‘Metaverse’ Potential
Neal Stephenson, a popular sci-fi writer coined the phrase “metaverse” in his first best-selling and breakthrough 1992 novel, Snow Crash. Now that concept is becoming a reality, and what’s more, you can invest in the metaverses. In Ready Player One, The OASIS is another example of an advanced virtual reality. Numerous other sci-fi authors, such as Ian M Banks, have created and … [Read more...] about Blockchain metaverse startups: Unparalleled investment potential