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IRS Seized $3.5 Billion in Crypto This Year, Expects Further Billions

Source Node: https://beincrypto.com/irs-seized-3-5-billion-in-crypto-this-year-expects-further-billions/
Time Stamp: November 19, 2021 6:00 AM - Modified On: November 19, 2021 - Published By:
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The United States Internal Revenue Service (IRS) seized cryptocurrency worth $3.5 billion during the fiscal year of 2021.Sponsored Sponsored According to the latest IRS criminal investigation report, this figure represents 93% of assets seized by tax enforcement over the past year. The tax collection agency believes that it could seize further billions in crypto from tax fraud and other crimes over the coming year.Sponsored Sponsored “I expect a trend of crypto seizures to continue as we move forward into fiscal year ‘22,” said IRS Criminal Investigation Chief Jim Lee. “We’re

Pawnfi.com to Launch Liquidity Protocol for Non-Standard Assets

Source Node: https://beincrypto.com/pawnfi-com-to-launch-liquidity-protocol-for-non-standard-assets/
Time Stamp: November 17, 2021 1:30 AM - Modified On: November 17, 2021 - Published By:
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Pawnfi.com has announced the closure of a $3M strategic funding round. The investment round was led by Digital Currency Group (DCG) and also included Animoca Brands, Dapper Labs, Polygon, DeFi Alliance, Hashkey Capital, Everest Venture Group, SNZ, and 6Block. Sponsored Sponsored The first DeFi product of its kind, Pawnfi.com is brand-new in the lending and leasing market. It appraises, liquidates, and provides use cases for non-standard assets (NSAs). Supported NSAs include non-fungible tokens (NFTs), liquidity provider tokens (LP tokens), tokenized rights, minor cryptocurrencies, and bundled assets. With the development of the

Blockchain unicorn Animoca Brands teams up with a K-Pop agency to create NFTs

Source Node: https://bitcoinerx.com/blockchain/blockchain-unicorn-animoca-brands-teams-up-with-a-k-pop-agency-to-create-nfts/
Time Stamp: November 15, 2021 7:19 PM - Modified On: November 15, 2021 - Published By:
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Animoca Brands, a Hong Kong-based blockchain game developer, is teaming up with a Korean entertainment agency to offer digital collectibles starring music artists and actors, adding K-pop groups to the non-fungible token hype.  The move will add to the increasing list of celebrities who have embraced NFTs, which also includes BTS. K-pop related NFTs On Monday, Animoca announced a collaboration with Cube Entertainment, the South Korean talent agency behind girl group (G)I-dle and boy band BTOB, to start an NFT-related project.  NFTs are blockchain-based digital assets that verify the validity

The NPD Group Announces Winners of Third Annual Automotive Aftermarket Performance Awards

Source Node: https://www.prweb.com/releases/the_npd_group_announces_winners_of_third_annual_automotive_aftermarket_performance_awards/prweb18308246.htm
Time Stamp: November 3, 2021 3:45 AM - Modified On: November 3, 2021 - Published By:
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“The aftermarket continues to enjoy surprisingly strong demand and sales performance, and we are thrilled to acknowledge the leading companies that harnessed the industry’s unique and changing opportunities to grow the business,” said Steve Flavin, president, automotive practice, for NPD. PORT WASHINGTON, N.Y. (PRWEB) November 03, 2021 The NPD Group today announced the recipients of its third annual Automotive Aftermarket Performance Awards, which were shared with the recipients during the Automotive Aftermarket Products Expo (AAPEX) in Las Vegas. The awards were given to the brands with the highest increase in

Total Crypto Market Cap Hits All-Time High of $2.6 Trillion

Source Node: https://beincrypto.com/crypto-market-cap-all-time-high-2-6-trillion/
Time Stamp: October 18, 2021 2:23 AM - Modified On: October 18, 2021 - Published By:
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Cryptocurrency markets have been climbing again to kick off the week and the total market capitalization has reached a record high. The market capitalization for all cryptocurrencies has reached an all-time high of $2.6 trillion according to CoinGecko.Sponsored Sponsored This has just surpassed the previous high of $2.55 trillion that was made on May 12 when many altcoins were notching up their own record highs. Total Crypto Market Cap – CoinGecko Rival token analytics platform CoinMarketCap is reporting a total crypto market cap of around $2.5 trillion which is about

Bakkt Holdings Set to Go Public on New York Stock Exchange

Source Node: https://beincrypto.com/bakkt-holdings-set-to-go-public-on-new-york-stock-exchange/
Time Stamp: October 18, 2021 12:50 AM - Modified On: October 18, 2021 - Published By:
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Crypto asset custodial and trading platform Bakkt will be listed for trading on the New York Stock Exchange under the ticker BKKT from Oct 18, 2021. The company is owned by International Exchange Incorporated, which owns the NYSE. Sponsored Sponsored Bakkt Holdings has a current valuation in excess of $2 billion. Coinbase, a competitor to Bakkt, was also listed on the NASDAQ in its own IPO in April of this year.  The company first announced in January that it was making plans to go public, and is now ready to

As Bitcoin inches towards $60K, Q4 may see ‘parabolic moves in all of crypto’

Source Node: https://ambcrypto.com/as-bitcoin-inches-towards-60k-q4-may-see-parabolic-moves-in-all-of-crypto/
Time Stamp: October 8, 2021 8:30 PM - Modified On: October 8, 2021 - Published By:
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Earlier this week, Bitcoin broke through the psychologically important mark of $50,000 for the first time in a month, causing many investors to turn their eyes to the top cryptocurrency again. The resurgence of interest in bitcoin recently has resulted in higher trading volumes, combined with mega whale moves. Someone(s) bought up $1.6B worth $BTC via market orders in just 5 minutes. Short liquidations seem relatively smaller like $17M at that time. This is more like whale buying, not cascade liquidations.https://t.co/dD3OsykiET pic.twitter.com/0NnvbmaYYm — Ki Young Ju 주기영 (@ki_young_ju) October 6,

This NFT Collection By This 12-Year Old Generates $5 Million In Record Time

Source Node: https://coingape.com/nft-collection-this12-year-old-generates-5-million-record-time/
Time Stamp: October 2, 2021 3:33 AM - Modified On: October 2, 2021 - Published By:
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The non-fungible tokens (NFT) space has been attracting a large part of the global developers’ community and even 12-year-old kids are joining the rush. Once such 12-year-old Benyamin Ahmed coder recently joined the developers’ team of Boring Banas Co. to create an NFT collection dubbed Non-fungible Heroes (NFH). advertisement This entire collection featuring 8,888 comic book-esque characters sold out in just 12 minutes for a record $5 million, as per the data on Dune Analytics. The NFT collection for NFH features heroes, villains, and gods, with their own storylines. “It

How Binance Helps Legal Authorities Take Down Cybercriminals Laundering Illicit Funds

Source Node: https://news.bitcoin.com/how-binance-helps-legal-authorities-take-down-cybercriminals-laundering-illicit-funds/
Time Stamp: September 30, 2021 9:00 AM - Modified On: September 30, 2021 - Published By:
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sponsored According to the latest UN statistics, global money laundering transactions reach up to $2 trillion a year. A small fraction of that huge amount passes through the digital assets ecosystem, and responsible actors in it are working to bring that down even more. As the world’s leading cryptocurrency exchange, Binance has especially taken it upon itself to protect the safety and security of the virtual finance world. Here is how it helps legal authorities to take down cybercriminals laundering money. Busting the $500 Million FANCYCAT Ring In June 2021,

Crypto Job Hiring Sees Huge Demand as Industry Grows

Source Node: https://beincrypto.com/crypto-job-hiring-sees-huge-demand-as-industry-grows/
Time Stamp: September 30, 2021 8:50 AM - Modified On: September 30, 2021 - Published By:
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The number of jobs related to cryptocurrencies and blockchain technology have skyrocketed, according to data from several job listing websites.Sponsored Sponsored While crypto searches more than doubled on Indeed.com in the past year, US job postings with “cryptocurrency” and “blockchain” as keywords were up over 600% on LinkedIn. Additionally, growth in paid listing at CryptocurrencyJobs.co increased nearly 1,500% since last year. “Everyone is hiring right now” Daniel Adler, founder of CryptocurrencyJobs.co, provided some insight into the growth that’s occurred. He noted that some teams who were looking to double at

Amount of Bitcoin Stored on Exchanges at Lowest Point Since May 2019

Source Node: https://cryptopotato.com/amount-of-bitcoin-stored-on-exchanges-at-lowest-point-since-may-2019/
Time Stamp: September 28, 2021 5:44 AM - Modified On: September 28, 2021 - Published By:
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On-chain analytics provider Santiment has reported that the supply of Bitcoin sitting on exchanges has fallen to levels not seen since May 2019. This is usually considered bullish as investors take BTC off exchanges when they’re in a position to hold and are not interested in selling. Santiment called it a “good sign of sell-off risk decreasing.” Bitcoin prices have been falling this week in the wake of a renewed crackdown in China and another round of FUD (fear, uncertainty, and doubt) that followed it. Since Monday, BTC prices have