US government imposes sanctions on crypto exchange September 21, 2021 The US government has imposed sanctions on a cryptocurrency exchange for the first time ever in a bid to clamp down on ransomware attacks. The Treasury Department’s Office of Foreign Asset Control (OFAC) has decided to blacklist the SUEX exchange over its alleged role in facilitating transactions for ransomware attackers. Analysis of the Russian exchanges’ [...]
Football NFT platform Sorare raises $680m in Series B funding round September 21, 2021 Sorare, an NFT-based fantasy football game, has raised $680m (£497m) in Europe’s biggest ever Series B funding round. On the Sorare platform users buy, sell and exchange digital football cards, representing players, to build a fantasy team. Each card is an NFT meaning that it is unique and ownership is verifiable on a blockchain. “Sorare’s [...]
The paradox of fashion NFTs September 21, 2021 Brands should carefully weigh up NFT opportunities before jumping on the bandwagon, says Crypto AM columnist Stefania Barbaglio.
Premier League NFTs: Sorare aiming to launch digital fantasy football trading cards collection following similar deal with Spain’s LaLiga September 21, 2021 French technology start-up Sorare is hoping to launch a range of NFTs comprising digital fantasy football trading cards with the Premier League. The company, which has raised £500m from investors including SoftBank, has emerged as a major player in sport’s growing blockchain economy and recently struck a deal with Spain’s LaLiga. “We have had conversations, [...]
Rocky start to the week continues in crypto markets September 21, 2021 The crypto market’s rocky start to the week continues this morning, with the total value falling to its lowest level in over a month at just below $1.9 trillion.
Cardano promises ‘industry-defining announcements’ at its biggest ever summit September 20, 2021 Cardano says it will make some 'industry defining' announcements at its summit this weekend.
Crypto market stagnates despite growing institutional interest September 20, 2021 It was an uneventful week for Bitcoin and the larger crypto market, with the leading cryptocurrency fluctuating between the $43,000 and $48,000 mark.
Hacker steals £8.6m Bitcoin from pNetwork September 20, 2021 A hacker has stolen 277 Bitcoin, worth over £8.6m, from the cross chain protocol pNetwork by exploiting a bug in its code. pNetwork allows value to be transferred between blockchains by exchanging user coins, which are stored as collateral, for a wrapped token which can be used on a new chain. The attack targeted the [...]
Polygon and Nukkleus to support Bollant Industries with blockchain solution in India September 20, 2021 Nukkleus Inc is to collaborate with Polygon and Grassroots Economics to support India's Bollant Industries.
Crypto markets take another hit amid darkening economic outlook September 20, 2021 It’s a sea of red across the cryptocurrency markets today, with Bitcoin falling below $45k for the first time since last Tuesday.
