Government vows to ‘drive dirty money’ out of the UK economy through new Economic Crime bill May 10, 2022 The UK government has vowed crack down on “kleptocrats, criminals, and terrorists” by driving “dirty money” out of the UK economy through its new Economic Crime Bill. The new bill is set to boost transparency, strengthen powers to seize and recover crypto assets, and bolster the investigative powers held by Companies House. Anti-corruption campaigners [...]
Zuckerberg: Facebook and Instagram to test NFTs on user profiles May 9, 2022 Meta CEO Mark Zuckerberg has confirmed that the tech giant will start testing digital collectibles on Instagram and Facebook in the coming weeks, allowing users to display non-fungible tokens (NFTs) on their profile. Augmented reality NFTs will feature on Instagram stories via Spark AR, Meta’s AR software platform, and will be coming to the rest [...]
When gaming meets crypto: FACEIT to pay winnings in crypto following multi-million dollar partnership with Cake DeFi May 6, 2022 The London founded gaming firm FACEIT announced a multi-million dollar partnership with Cake DeFi, one of the world’s fastest growing crypto fintech platforms, which allows users to earn cash flow from their crypto.
eToro.art brings NFTs to the social investment network April 28, 2022 | City Talk Well-known social investing network eToro is moving into the world of NFTs with the launch of eToro.art, a new patron program to support NFT creators, agencies and brands. The $20 million dollar fund will be used to purchase blue chip NFTs but will also seed emerging creators and NFT projects. Its ambition is to become [...]
London fast becoming a hotspot for crypto jobs April 20, 2022 London has been confirmed as a world leader in cryptocurrency after a jobs platform revealed the number of global employers currently hunting for staff in the crypto sector.
Amazon denies crypto payment method rumours April 14, 2022 Amazon chief Andy Jassy said the company will not be adding crypto as a payment method for the foreseeable future following rumours that the internet behemoth was gearing up for a rollout.
Opinion: Crypto brands’ sporting land-grab is only just beginning March 29, 2022 As Lionel Messi and Fifa become the latest to do huge deals with cryptocurrency and blockchain-related brands, sports sponsorship expert Henry Nash of Octagon assesses the major new player in the market. I suspect I wasn’t alone in thinking the Nielsen 2022 Global Sports Marketing Report would be a story of Covid’s brutal impact on [...]
Crypto fraud up 64 per cent as investment spikes for mainstream March 28, 2022 Crypto investment fraud in the UK has continued to rise sharply in the UK with a total of 9,458 cases reported in 2021, up 64 per cent from 2020 figures according to data from Pinsent Masons.
Crypto scam: Pig butchering on dating sites makes the Tinder Swindler looks like an amateur March 24, 2022 City A.M. is increasingly receiving reports about a new crypto scam called ‘Pig Butchering’, which combines the intimacy of romance scams with the wild west of crypto cons. In this scam, the victims are referred to as pigs being prepared for slaughter: they’re raised for their meaty profit under the promise of ‘happily ever after’ [...]
‘Death by over-regulation’: Losses from one cryptocurrency cannot be used to offset gains from other crypto under new tax rules in India March 22, 2022 India has introduced a number of new tax rules for cryptocurrencies. The most eye-popping clause is without a doubt the stipulation that losses from one crypto asset cannot be used to offset gains in another. So, in other words, if you lose some in trading Bitcoin, that cannot be offset vs gains from another asset, [...]