US Treasury Takes Action Against Cryptocurrency Wallets Linked to Illegal Fentanyl Trade in China

US Treasury Takes Action Against Cryptocurrency Wallets Linked to Illegal Fentanyl Trade in China

The US Treasury’s OFAC has blacklisted cryptocurrency wallets linked to illegal fentanyl trade in China, involving $3.8 million across Bitcoin, Ethereum, and Tron networks. Key Points: The Office of Foreign Assets Control (OFAC) of the United States Treasury has blacklisted a number of cryptocurrency wallets linked to the illicit fentanyl trade, primarily based out of…

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US national figure skating body adopts Bitcoin donations

US national figure skating body adopts Bitcoin donations

The United States national governing body for the sport of figure skating, U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like Bitcoin (BTC). The association has partnered with the enterprise-level donation platform Engiven in order to start accepting donations and gifts in cryptocurrency, U.S. Figure Skating announced on…

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Project aims to take on SAP ERP with decentralized apps

Project aims to take on SAP ERP with decentralized apps

Enterprise resource planning (ERP) solutions can be quite expensive, especially for smaller companies. While ERP giants like SAP try their hands at blockchain-based solutions, a relatively small team now aims to provide an alternative that delivers similar functions using decentralized apps (DApps). In a Cointelegraph interview, William Pete, the CEO of Energy Ledger explained that…

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GoMining survey finds 55% of Bitcoin holders avoid real-world payments

Survey reveals payment adoption challenges A recent survey from crypto mining platform GoMining has uncovered some interesting patterns about how Bitcoin holders actually use their cryptocurrency. The survey, which gathered responses from over 5,700 Bitcoin owners, shows that more than half—55% to be exact—rarely or never use crypto for everyday transactions. That’s a pretty significant…

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(Blockchain Forum) “Expanding the blockchain ecosystem, thus we need to promote and support it”.

Major domestic blockchain and virtual asset (cryptocurrency) experts have voiced the need for expansion of ecosystem participants such as Bitcoin, fostering and supporting the blockchain technology ecosystem.  It was argued that a clear roadmap at the government level should be prepared, saying that non-fungible tokens (NFTs) and metaverses, which have been in the spotlight recently,…

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Tajikistan criminalizes electricity theft for crypto mining

Tajikistan’s new mining law brings criminal penalties Tajikistan’s parliament made a significant change to their legal system on December 3rd. They amended the Criminal Code to specifically target electricity theft for cryptocurrency mining. This isn’t just about fines anymore – it’s about criminal charges. The new legislation, Article 253, replaces what used to be administrative…

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The Rising of GameFi Innovators, Metaverse Gamefi with DNAxCAT is about to Start a New Journey

The development of blockchain industry has always been accompanied by innovation and technology iteration, and the corresponding crypto asset market also bursts into new vitality in every consolidation. Even if we were not able to discover and participate in the layout of some quality projects at the earliest time, every time there is cyclical turbulence…

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