
China arrests money launderers who used digital yuan
Nov 17, 2021 14:55 pm UTC| Law Digital Currency Economy
China uncovered money laundering activities using similar methods to what theyd try for a debit or credit card scam but adapted for the pilot central bank digital currency (CBDC). Eleven people allegedly linked to a...

Cryptocurrency: AMC Theaters to start accepting Shiba Inu via BitPay in early 2022
Nov 17, 2021 08:37 am UTC| Business Digital Currency
AMC Theaters will be accepting the Shiba Inu cryptocurrency soon. Based on the report, the largest movie theater company in the United States will add the said decentralized cryptocurrency within two to four months...

Dallas Mavericks rewards game attendees with NFTs
Nov 16, 2021 21:46 pm UTC| Digital Currency Sports Economy Business
The NBAs Dallas Mavericks has begun issuing player profile pictures as non-fungible tokens (NFTs) that are given to fans as a reward for personally attending the game. Two weeks ago, the Mavericks, owned by billionaire...

S. Korean gaming firms Gamevil, NCSoft, Netmarble lean on NFT hype to boost share prices
Nov 16, 2021 20:10 pm UTC| Digital Currency Economy Technology
South Korean gaming firms that have revealed business plans to develop nonfungible tokens-based games enjoyed a spike in share prices. According to the stock market operator Korea Exchange, shares of Gamevil, a...

NFT: Animoca Brands, Cube Entertainment collaborate for K-pop NFTs and metaverse
Nov 16, 2021 06:31 am UTC| Business Digital Currency
Animoca Brands, a Hong Kong-based game software and venture capital company, announced its partnership with Cube Entertainment, a record label in South Korea and home to about 50 Kpop artists, entertainers, and...

Milwaukee Bucks' Giannis Antetokounmpo joins $75 million funding round for NFT platform Alt
Nov 15, 2021 23:30 pm UTC| Sports Digital Currency Economy
Two-time National Basketball Association (NBA) MVP Giannis Antetekounmpo of the Milwaukee Bucks oined digital sports memorabilia trading platform Alts series B funding round that raised US$75 million. Other than...

Most wealthy S. Koreans would not invest in cryptocurrencies: report
Nov 15, 2021 23:28 pm UTC| Digital Currency Economy Business
Seventy percent of 400 wealthy South Koreans surveyed have no intention to invest in cryptocurrencies for its higher risk of loss and lack of reliability in its transactions, according to a survey by KB Financial Group...