Indonesian Islamic organization issues new fatwa against crypto use

The Tarjih Council and the Central Executive Tajdid of Muhammadiyah, one of the largest non-government Islamic organizations in Indonesia, issued a new fatwa against cryptocurrency use, deeming it haram, or unlawful, for Muslims. The fatwa, a ruling on the point of Islamic law, was issued on Tuesday and pointed towards two critical issues with cryptocurrencies …

Nifty News: AMC investors get tokens, Naomi Osaka NFTs, Guy Oseary to represent World of Women

AMC shareholders gifted free NFT The AMC movie theater chain dropped NFTs to all AMC shareholders on Tuesday. As part of the reward, AMC CEO Adam Aron tweeted that the NFT and a WAX wallet in which to hold it will be free to claim for up to a year. Emails detailing how to claim …

Crypto Index Tracker – Smart Contract Index Jumps 12%

HodlX Guest Post  Submit Your Post   Bitcoin has traded sideways and is currently trading below $42,000 (see charts one and two below). But other crypto markets have performed better. Our smart contract index has jumped 11.9% – thanks to a surge in Cardano (up 31%) – and our DeFi index has jumped 10.6%. The metaverse index had …

Binance Becomes the Blockchain and Cryptocurrency Industry’s First To Join the National Cyber-Forensics and Training Alliance (NCFTA)

Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, today announced that it has joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation focused on identifying, validating, mitigating and neutralizing cybercrime threats. Binance is the first organization from the blockchain and cryptocurrency industry to formally join the alliance. The NCFTA was established in …

Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operati​​ons

On Thursday, Metaco, an enterprise cryptocurrency platform for securing, trading, issuing, and managing digital assets, announced the addition of UnionBank as its latest client. Founded in 1982, UnionBank is one of the largest banks in the Philippines, with a collective $15 billion in assets under management. UnionBank will be also be deploying its digital asset …

The SEC has issued $2.4B in crypto-related penalties since 2013

The Securities and Exchange Commission (SEC) has issued a total of approximately $2.35 billion in penalties against participants in the digital asset marketplace since 2013 according to a Jan 19 report by Cornerstone Research. The report, SEC Cryptocurrency Enforcement: 2021 Update, found that the SEC brought a total of 97 enforcement actions worth $2.35 billion …

Multichain under fire from users as hacking losses grow to $3M

Hackers have continued to exploit a critical vulnerability in the cross-chain router protocol (CRP) Multichain that first appeared on Jan 17. Earlier this week, Multichain urged users to revoke approvals for six tokens to protect their assets from being exploited by malicious individuals. However Multichain’s announcement on Jan. 17 encouraged more hackers to try the …

‘Less sophisticated’ malware is stealing millions: Chainalysis

Cryptojacking accounted for 73% of the total value received by malware related addresses between 2017 and 2021, according to a new malware report from blockchain analysis firm Chainalysis. Malware is used to conduct nefarious activity on a victim’s device such as a smartphone or PC after being downloaded without the victim’s knowledge. Malware-powered crime can …

World’s first DeFi ETF to be listed on the Brazilian stock exchange in February

Hashdex, a global crypto-focused asset manager recently announced the approval of the world’s first DeFi exchange traded fund (ETF).  The ETF will be listed on the Brazilian stock exchange, B3, under the ticker symbol DEFI11 on February 17th. 12 assets in three sub-portfolios  Crypto ETFs typically track the price of one or more cryptocurrencies, and …

NGRAVE crypto wallet raises $6 million

NGRAVE, a cryptocurrency hardware wallet manufacturer, announced today that it has completed a $6 million seed funding round. The funding round saw participation from renowned DeFi and Web3 investors, including Woodstock Fund, Morningstar Ventures, DFG Group, Spark Digital Capital, Moonrock Capital, Mapleblock Capital, and multiple angel investors. Funding NGRAVE’s global reach The $6 million funding …

Mars4 Metaverse NFT Sale Raises Over $250K in a Day: The World’s First Virtual Mars NFTs Are Selling Rapidly

sponsored Mars4 is a multi-tiered project that combines NFTs, Crypto and an immersive survival game together. Through mars4.me, we give you a window to a virtual Mars and a host of investment opportunities via the world’s first revenue-generating NFT. The sale of Mars4 NFTs raised over $250K in a day and saw land plots sell …

Crypto Scam Websites Attracted Millions of Indians Last Year, Chainalysis Says

Indians visited crypto scam websites nearly 10 million times last year, according to blockchain data analytics firm Chainalysis. The top crypto scam sites alone were visited 4.6 million times by Indian users. Millions of Indians Visit Crypto Scam Sites Indians visited scam crypto websites in droves over the past years, according to data from blockchain …

Exploring the CropBytes Metaverse: A Futuristic Crypto Game With Real Economics and Immersive Graphics

On January 20th, CropBytes, the four-year-old metaverse farming game, is launching the brand new terrain with immersive 3D graphics. The new version upgrade greatly improved the already cute graphics of the game and brought a fresh feeling that adapts to the latest game aesthetics on mobile devices. What’s more, it keeps all the fun! Introduction …

China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made

China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the People’s Bank of China (PBOC). Furthermore, transactions worth 87.5 billion yuan ($13.78 billion) have been made using the digital yuan and more than 8 million merchants now accept e-CNY. China’s Central Bank Digital Currency Growing …

Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone

Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace. Mastercard Partners With Coinbase Payments giant Mastercard and cryptocurrency exchange Coinbase independently announced their partnership Tuesday. Mastercard stated that the company is “Making it easier …

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