Polygon Partners With Salesforce for NFT-Based Loyalty Program
In recent years, blockchain technologies have increasingly been used to boostengagement with customers and offer loyalty rewards. BlockFi and Gemini, for example, announced they would offer credit cards offering bitcoin rewards. In 2022, Mastercard supported Upstart, a NFT-based loyalty program, through its startup engagement program.
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FinCEN Director Warns of ‘Hard Time’ for Crypto Firms That Don’t Follow Law
news There is no ambiguity: crypto startups must follow U.S. anti-money-laundering (AML) laws or else suffer the consequences, said the nation’s top AML regulator. Kenneth Blanco, director of the Financial Crimes Enforcement Network (FinCEN), warned the crypto industry Monday to take heed of the Bank Secrecy Act (BSA) and other AML regulations when setting up…

Curve Finance’s Token Surges 500% on Bithumb After Over $100M Exploit
CRV, the native token of stablecoin-focused decentralized exchange Curve Finance, which faced a security exploit late Sunday, is trading significantly higher on South Korea-based digital assets exchange Bithumb.Curve, widely regarded as the backbone of the decentralized finance (DeFi) ecosystem, fell victim to a reentrancy attack that risked $100 million worth of digital assets. In a…

Roger Ver Seeks Winding Up of Matrixport in Seychelles Lawsuit
While CoinFLEX's creditors and OPNX's management await their day in a Hong Kong court, another legal scuffle is brewing between Roger Ver – whom some call 'Bitcoin Jesus' – and Jihan Wu, the co-founder and chairman of Matrixport. The feud is over $8 million Ver says Wu took from him as punishment over his supposed

US Treasury Department Blacklists 20 Bitcoin Addresses Tied to Alleged North Korean Hackers
Mar 2, 2020 at 17:23 UTCUpdated Mar 2, 2020 at 17:38 UTCNorth Korea map. (Image via Shutterstock)The U.S. Treasury Department's Office of Foreign Asset Control has added 20 new bitcoin addresses associated with two individuals to its list of sanctioned individuals.According to an update to OFAC's "Specially Designated Nationals" (SDN) list, Jiadong Li and Yinyin…

Crypto Startup Circle Lays Off 30 Employees Citing Market, Regulatory Conditions
news Crypto startup Circle has laid off roughly 30 people, or about 10 percent of its staff, CoinDesk has learned. The company – which owns trading platform Poloniex, equity crowdfunding site SeedInvest and the USDC stablecoin in partnership with Coinbase – is looking to cut costs, Circle CEO Jeremy Allaire told CoinDesk via a spokesperson.…

tZERO Launches Second Digital Security to Trade on PRO Securities ATS
news tZERO, a blockchain company focused on capital markets, announced today that the Digital Voting Series A-1 Preferred Stock is the second digital security available for trade on its PRO Securities ATS, an SEC registered alternative trading system. Listed as OSTKO – formerly OSTKP – it is available on the non-exchange venue that matches buyer…

Bitcoin’s ‘Outside Day’ Sets Stage for $70K, Altcoins Break Out: Technical Analysis
Bitcoin's widening trading range and a move above the August high suggests more gains ahead. The six-month corrective trend in altcoins seems to have ended. Earlier this week, analysts at the Bitfinex crypto exchange said August's $65,200 high is the level to beat for bitcoin (BTC) bulls. The breakout happened Thursday and how. Bitcoin jumped

What Crypto Can Expect From Gary Gensler at the SEC
A ex-CFTC official on how Biden's putative pick for SEC head might approach the office and the crypto-related issues before it. CFTC Chair Gary Gensler before the U.S. Senate Banking, Housing and Urban Affairs Committee, 2013(Chip Somodevilla/Getty Images)Jan 14, 2021 at 10:37 p.m. UTCWhat Crypto Can Expect From Gary Gensler at the SECThis week, reports…