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OFAC Sanctions Netex24 and Bitpapa, Plus Other Russian Crypto Companies

On March 25, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned twelve entities and two individuals for helping to build or operate blockchain-based services to facilitate potential sanctions evasion on behalf of Russian nationals. Five of these entities were operated by OFAC-designated individuals.  In this blog, we’ll explore

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Base Blockchain Transactions Jump on Meme Coin Led Frenzy — TradingView News

Crypto traders are seeking profit opportunities on the Base blockchain amid a meme coin-led frenzy for tokens issued on the network, several metrics show. Base, built by crypto exchange Coinbase on OP Stack, went live for developers in August and initially saw muted growth. However, that has changed in the past few weeks, with funds

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OFAC Sanctions Russian Entities, Including Netex24 and Bitpapa, Facilitating Sanctions Evasion via Blockchain Services

On March 25, 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned twelve entities and two individuals for their involvement in developing or operating blockchain-based services aimed at potentially evading sanctions on behalf of Russian nationals. Among these entities, five were operated by individuals designated by OFAC. The sanctioned

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WAX partners with AWS’ managed blockchain service

Web3 gaming ecosystem WAX is partnering with Amazon Web Services to integrate its web3 tools into the Amazon Managed Blockchain (AMB) service. AMB is designed to help developers build apps and games using blockchain by offering them direct access to multiple web3 networks. Following the integration, WAX will now enable developers to deploy their nodes through

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Top 10 Blockchain Healthcare Projects You Should Know

Once you learn the top 10 blockchain healthcare projects worth knowing in the market, you’ll be better prepared to make informed decisions regarding the best opportunities. Blockchain technology provides many benefits to the healthcare community that can’t be denied. From improving efficiency and security to bolstering communication between diverse elements of the industry, here are

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Optimism Pledges $3.3B to Foster Blockchain Innovation

Optimism is allocating $3.3 billion in OP tokens for grants to support the builders within its community. The Ethereum layer-2 scaling solution announced this substantial fund allocation as part of its ongoing commitment to nurturing projects and contributors within its blockchain network. The Optimism Collective, responsible for governance and community initiatives, disclosed the allocation of

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