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Former Coinbase CTO Bets $1 Million on Bitcoin Reaching $1 Million in 90 Days
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Former Coinbase CTO Bets $1 Million on Bitcoin Reaching $1 Million in 90 Days

Former Coinbase chief technology officer Balaji Srinivasan has placed a bet worth $1 million on Bitcoin's price reaching $1 million by June 17. Srinivasan accepted the wager from pseudonymous Twitter user James Medlock, who bet $1 million that the United States would not experience hyperinflation.

Japanese Firms to Launch New Web3 Game CAPTAIN TSUBASA RIVALS
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Japanese Firms to Launch New Web3 Game CAPTAIN TSUBASA RIVALS

The new Japanese football-featured Web3 game will allow users to connect globally with the popular manga character.

UK's ASA Issues Crypto Ad Guidelines for 50 Firms
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UK's ASA Issues Crypto Ad Guidelines for 50 Firms

The UK's Advertising Standards Authority (ASA) has issued a guideline for companies on advertising cryptocurrency services.

UK's Advertising Authority Orders Arsenal to Remove "Misleading" Fan Token Ad
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UK's Advertising Authority Orders Arsenal to Remove "Misleading" Fan Token Ad

The United Kingdom’s Advertising Standards Authority ordered Arsenal FC to remove fan token ads from their official Facebook account and website, accusing the football club of “misleading” investors.

US Space Force Makes its Foray into the NFT Metaverse
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US Space Force Makes its Foray into the NFT Metaverse

The United States Space Force is launching an NFT series named after Neil Armstrong.

SoftBank CEO Does Not Understand Bitcoin Despite $200 Million Investment in BTC
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SoftBank CEO Does Not Understand Bitcoin Despite $200 Million Investment in BTC

After investing about $200 million in Bitcoin, SoftBank's CEO, Masayoshi Son reveals he does not understand Bitcoin.

Winklevoss Says Bitcoin Price to Reach $500,000 — Why BTC is Better than Gold and Oil
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Winklevoss Says Bitcoin Price to Reach $500,000 — Why BTC is Better than Gold and Oil

Tyler Winklevoss advocates that Bitcoin (BTC) is headed towards a markup of $500,000 in price and that it will be the preferred safe-haven asset by investors.

NASA is Funding a Blockchain Solution for Space Communication
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NASA is Funding a Blockchain Solution for Space Communication

The United States National Aeronautics and Space Administration (NASA) is funding two US-based companies to develop a blockchain solution to enhance space communication

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks
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Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Europol, European Union’s law enforcement agency, has put together an anti-ransomware initiative that has managed to intercept $630 million dollars and more in ransomware demands, since 2016.

Europol Places Bitcoin Mixer Wasabi Wallet on its Radar for Promoting Dark Web Transactions
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Europol Places Bitcoin Mixer Wasabi Wallet on its Radar for Promoting Dark Web Transactions

The general regulatory difficulty experienced by Bitcoin and altcoins lie in the skepticism of regulatory agencies due to their cryptographic nature. Transactions are generally obscured as privacy is the watchword. This creates a source of concern as the likelihood of the currencies being used in dark web transactions is high. Monitoring agencies have been able to fight this partly by ensuring companies or firms that will be involved with digital currencies adhere to some compliance clause.

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