Author: bitcrypto.io
Ways to detect and prevent misuse of digital currency in money laundering focus of event The Abu Dhabi Judicial Department (ADJD) recently organised the fifth Abu Dhabi Justice Partners Forum, in which discussions focused on virtual currency laws, the risks associated with them, and methods for combating money laundering and terrorist financing. The forum stressed on the duties of those working in the legal field to combat these crimes in accordance with UAE legislation and international best practices. The forum, held at the ADJD head office via video conference, was attended by lawyers registered with the Legal Affairs Division at…
In a groundbreaking development for the blockchain and gaming industries, Ubisoft, the globally acclaimed video game creator and publisher, has officially joined the XPLA ecosystem as a node validator. The strategic move is a testament to Ubisoft’s forward-thinking approach and its dedication to harnessing the potential of blockchain technology through its Strategic Innovation Lab. The lab, known for its mission to anticipate the future and equip Ubisoft for emerging technological landscapes, sees the partnership as an opportunity to delve deeper into the innovative realms of blockchain. Ubisoft and XPLA’s alliance for gaming innovation Ubisoft’s entry into the XPLA ecosystem as…
MicroStrategy Inc. bought another 12,000 Bitcoin for $821.7 million, the second-largest purchase by the enterprise-software maker since it began acquiring the cryptocurrency almost four years ago. The fresh hoard raised MicroStrategy’s total Bitcoin holdings to around 205,000 tokens, or to more than $14 billion. The tokens were bought from Feb. 26 through March 10, according to a US Securities and Exchange Commission filing by the Tysons Corner, Virginia-based company. The Bitcoin was acquired mostly with the proceeds from the sale of $800 million of convertible notes through a private sale that was completed March 8. Michael Saylor, the chairman and…
Crypto Gambinos, a project developed by Phantom Labs Pty Ltd, has successfully launched its native cryptocurrency, $MOBCOIN. With the $MOBCOIN presale complete, the token is now publicly available for trading on Uniswap. The NFT collection, available for minting on the Crypto Gambinos website, features a narrative centered around a character’s evolution within a family hierarchy. The collection includes a range of characters, each with varying degrees of rarity, and totals 7,777 NFTs. The characters in the collection include The Don, Consiglieres, Underbosses, Capos, Enforcers, Soldiers, and Associates, with the revelation of these NFTs scheduled upon the sell-out of the collection.…
In recent times, the crypto space has witnessed an unprecedented fever: meme coins, those peculiar digital currencies born as a joke and quickly turned into a genuine financial rollercoaster. The fascination for these assets has reached such heights that some investors liken them to a night at the casino: thrilling, full of ups and downs, and, at times, disastrous. Since the phenomenon’s emergence in 2013 with the infamous Dogecoin (CRYPTO: DOGE), meme coins have evolved from simple parodies to true titans of the crypto market. Investments that began as wild bets have left many astounded, with astronomical returns defying all…
South Korea stands out as one of the crypto-friendly nations in Asia, with regulations in place to govern the digital asset industry. South Korea is gearing up to launch its crypto management system in 2025, just in time for the implementation of the country’s crypto gains tax in January of the same year. The country’s National Tax Service (NTS), which oversees the system’s development, aims to have it fully operational to ensure compliance with the new tax regulations. South Korea Taps GTIC to Develop Crypto Management System The system, known as the digital asset integrated management system, will be instrumental…
Singapore , March 11, 2024 — Elpisgame, the avant-garde Web 3.0 entertainment ecosystem built by players for players and creators, is thrilled to announce its whitelist event for its flagship music rhythm game, Elpis Origin. This event is a call to arms for music enthusiasts, gamers, and Web 3.0 players to take part in this highly anticipated event from March 11th to April 15th, 2024. During this time, participants can earn music points, with the top 1k users gaining early beta test access to Elpis Origin. Earned points can later be exchanged for tokens, key items, and Mystery box NFTs. By participating,…
Taki Games, the leading social gaming network that allows users to earn real money rewards, is teaming up with the cross-chain Web 3.0 entertainment studio Two3 Labs to create and launch a highly-addictive mobile game that utilizes the popular Smoofs NFT collection. While the ‘Puzzle Smoofs’ game is currently in development, the team has been progressing rapidly and expects to launch it on the Taki Games network in March 2024. The launch of Puzzle Smoofs adds to a fast-growing library of games on the Taki Network, where it will sit alongside popular Web 3.0-branded titles such as Game7 Food Fighter…
After long being scoffed at as just more hype from crypto evangelists, Bitcoin-at-$100,000 predictions are beginning to look like a realistic possibility in the options market. The largest cryptocurrency jumped to another all-time high of more than $70,000 on Friday, capping a seven-week run of more than 70%. In the options market, the open interest, or the number of outstanding contracts, for call options with strike prices of $80,000 and $100,000 has jumped around 12% each in the last 24 hours, according to data compiled by Amberdata. “I think $80K by end of month is not crazy,” said Leo Mizuhara,…
In the heart of Paris, against the backdrop of the majestic Eiffel Tower, a convergence of titans from the realms of fashion, automotive, watches, and spirits mingled with pioneers of the crypto world. This rendezvous marked a significant milestone in the luxury industry’s journey into the realm of blockchain technology. Over the past three years, these esteemed brands have been cautiously exploring various blockchain experiments, ranging from immersive virtual worlds to exclusive NFT releases tailored for their discerning clientele. Luxury brands push toward blockchain adoption At the forefront of this movement stands the Aura Blockchain Consortium, led by CEO Romain…
