The United Kingdom (UK) has taken its enforcement of cryptocurrencies a step higher. New policies now allow police officials to seize cryptocurrencies belonging to criminals without arrest. UK Police Granted Authority to Seize Crypto The UK has now empowered its National Crime Agency (NCA) and police to freeze, and seize crypto holdings used in criminal activities. Interestingly, the provision allows law enforcement agencies to seize other resources like passwords, or sticks. This policy is part of a crime bill passed in the UK last year. The bill no longer requires officials to arrest before ..read more

Serenity Shield is following through on their tokenomics promises. They have shared a huge announcement on its X page. Recall that the project recently burned around 300k SERSH tokens. This reduced its total supply to 99.7 million SERSH tokens.  Following the token burn, Serenity Shield is launching the “Serenity Revenue Share” program. The program is funded by its partnership with Contentra. Contentra is an educational publisher. The partnership leverages Serenity’s Web3 technology to store Contrentra’s archives. The token burn fuels Serenity’s deflationary tokenomics. Serenity Shield pl ..read more

WE LOVE LOVE LOVE infrastructure. They are the tools that all projects need in one way or another. But there’s one area of infrastructure we haven’t talked about in a while. And today, we are going to fix that. What am I talking about? Gaming Infrastructure. The tools games need to grow their user bases and be successful. So today, 3 of our top gaming gems. 1) IQ Protocol First in gaming infrastructure today is IQ Protocol. It is the premier NFT lending protocol for gaming NFTs. In fact, this protocol works SO well that someone new to crypto with an empty wallet can try it for FREE. They do no ..read more

This announcement underscores a growing concern over financial activities, particularly those involving cryptocurrencies, that bypass traditional security checks. KYC standards include verifying a customer’s name, date of birth, address, and identification details. FBI Highlights Risks of Non-KYC Financial Platforms These are essential for protecting the financial system from fraud and criminal activities such as money laundering and terrorism financing. The FBI warns that services bypassing key safeguards may increase fraud risks and link users to criminal activities. This advisory comes at a ..read more

It offers a fully non-custodial, multi-chain, and multi-asset framework that is highly customizable. The platform stands out for its versatility and user-friendliness. Let’s explore more about this tokenization platform from Tether. Tether’s New Service: Democratizing Digital Asset Management According to Tether’s CEO, tt supports multiple blockchain ecosystems. This allows users to choose a blockchain that meets their specific needs for speed, cost, or community support. The multi-asset capability supports both financial assets like stocks and bonds, and physical assets like real estate and c ..read more

Stripe is re-entering the cryptocurrency market with a new approach after pausing in 2018 due to Bitcoin’s volatility. This Thursday, Stripe announced plans to allow customers to accept payments in cryptocurrency, starting with USDC stablecoins. Stripe’s Fresh Start in Cryptocurrency After 2018 Pause The choice of USDC stablecoins is notable because it ties the cryptocurrency’s value directly to the US dollar. This aims to mitigate the volatility issues that previously deterred Stripe from crypto transactions. Initially, this service will support transactions on three major blockchain platform ..read more

A new survey by KPMG shows that Canadian institutional investors increased their exposure to cryptocurrencies in 2023. The accounting firm notes that about 40% of investors claim to have had exposure to crypto assets in 2023. This was an increase from the 31% recorded in KPMG’s 2021 report. Canadian Crypto Investments Up in 2023 The report shows that Canadian investors have once again warmed up to cryptocurrencies following the 2022 bear market. Some of the respondents to the survey include hedge funds, families, venture capital firms, private equity, etc. KPMG reportedly received 65 responses ..read more

Australia recently witnessed an increase in crypto ATMs following the recent crypto boom. Australia is currently one of the biggest Bitcoin nations. And recently, around 1000 active crypto-fiat machines were recorded. Australia now ranks behind the United States and Canada in the number of active crypto ATMs. Interestingly, Australia currently owns around 2.7% of the world’s Bitcoin ATMs. Crypto ATMs have grown in popularity in recent years. Australia’s Growing Presence in the Global Crypto ATM Market These machines provide flexibility to crypto users. They enable crypto users to easily conver ..read more

This decisive action underscores the cryptocurrency sector’s growing responsibility for global financial compliance. The move reported that PDVSA increased its use of Tether’s USDT to bypass U.S. sanctions on its oil exports. These sanctions were recently re-imposed. PDVSA Increases Use of USDT to Bypass U.S. Sanctions These sanctions were reintroduced due to concerns about the integrity of Venezuela’s upcoming election. This prompted PDVSA to seek alternative ways to sustain its operations. Tether responded by freezing 41 wallets in December, all linked to individuals or entities on the U.S ..read more

This change, effective from April 16th, comes in response to the recent growth of the TON token. It includes a special discount for Jetton-with-governance transactions such as $USDT. Let’s explore more about this important news for TON. TON Network Implements Major Fee Cuts and Special Discounts Initially, the fees for the first transaction involving Jetton-with-governance were reduced to 0.02 TON from 0.032 TON. Subsequent transactions now cost just 0.0145 TON, significantly lowering costs for frequent users. This fee reduction was made possible after validators approved the TON Core Developm ..read more