The U.S. Treasury Department has identified NFTs as “highly susceptible to fraud and scams” in its latest risk assessment on illicit finance. Released on May 29, the report outlines how NFTs can be used by criminals to launder money from illegal activities, highlighting the potential for NFTs to facilitate money laundering due to their unique and […]
Despite recent price stagnation, crypto traders remain bullish on several prominent altcoins. Analysis from Santiment, a leading crypto market intelligence platform, reveals intriguing sentiment trends. According to Brian Quinlivan, Lead Analyst at Santiment, the data measures positive and negative commentary ratios, providing valuable insights into market sentiment. Altcoins Traders Remain Bullish Solana, for instance, exhibits […]
Several Bitcoin miners experienced a decline in BTC production in May due to the effects of the April Bitcoin halving event. The Bitcoin halving occurs approximately every four years and automatically reduces miner rewards, thereby enhancing the flagship digital asset’s scarcity. This year, the event cut mining rewards to 3.125 BTC — significantly decreasing total […]
Telegram founder Pavel Durov recently celebrated the success of Notcoin, further fueling the ongoing NOT price rally. Durov revealed that NOT tokens donated by Notcoin’s developers grew in value four times within two weeks. The assets in his account, initially worth $6.8 million, have now surged to almost $25 million. Durov Pumps Notcoin Once Again […]
Hamster Kombat—a relatively new web3 game—has emerged as a powerful contender in the blockchain landscape, captivating 78 million CEOs and 31 million active users, as per a recent X post. The excitement doesn’t stop there. With 6.5 million gamers online simultaneously, a Telegram group boasting 24 million members, and a YouTube community of 13.5 million […]
Amazon will harness computer vision and AI to ensure customers receive products in pristine condition and further its sustainability efforts. The initiative – dubbed “Project P.I.” (short for “private investigator”) – operates within Amazon fulfilment centres across North America, where it will scan millions of products daily for defects. Project P.I. leverages generative AI and […]
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