Biden Administration Creates Task Force ‘KleptoCapture’ To Halt Russian Oligarchs And Their Crypto https://youtu.be/pAy-YTZt8ro The new task force, which brings together units from the FBI, Marshals Service, IRS, Postal Inspection, Homeland Security Investigations and Secret Service describes themselves as, “…an interagency law enforcement task force dedicated to enforcing the sweeping sanctions, exportContinue reading “Biden Administration Creates Task Force ‘KleptoCapture’ To Halt Russian Oligarchs And Their Crypto”
In the face of international political strife, during the midst of a situation that could lead to a global conflict, and at a time when the Russian ruble is tumbling so much that the government might start seizing citizens funds from banks, Bitcoin is rallying.
Over the past several weeks, in the face of market corrections and geopolitical upheaval, XRP whales have been inhaling the digital token accumulating nearly $1 billion worth of XRP in under three months.
Her Majesty’s Revenue and Customs, more commonly known as HMRC, is the department within the UK Government which is responsible for the collection of taxes, payment of various forms of state support, the administration of other regulatory regimes has seized three non-fungible tokens (NFTs) during an investigation into a suspected value added tax repayment scheme involving a net of 250 allegedly fake companies.
On Thursday, Russia’s Central Bank launched a proposal to ban both cryptocurrency investments and mining, joining in a chorus of governments around the world cracking down on digital currencies while highlighting the various threats cryptocurrencies pose to monetary stability and private citizens.
BTCS, a leader in the blockchain and digital currency field, represents the first U.S. publicly traded company fully focused on blockchain infrastructure and technology. BTCS, also known as The Company, secures Proof-of-Stake blockchains by actively processing and validating transactions and is rewarded with native digital tokens. They are also actively developing a Staking-as-a-Service platform which will grant users the ability to stake the various supported cryptocurrencies through a non-custodial platform. BTCS plans to integrate its staking program with its Data Analytics Dashboard, which is now in beta release. Currently supporting six exchanges and over 800 digital assets with its Data Analytics Program, The Company plans to further broaden its suite of performance-tracking tools, add additional centralized and decentralized exchanges, introduce digital wallets, and allow stake pool monitoring. On top of all that, BTCS just announced the first-ever dividend payable in Bitcoin by a Nasdaq-listed company, referred to as a Bividend.
Polygon (MATIC), a layer two network designed for scaling and application infrastructure development on the Ethereum (ETH) network, was one of the most popular digital assets throughout the entire crypto market in December. From a spike in active addresses holding or trading MATIC, to Polygon’s $1 billion investment into zero-knowledge technology, co-launching a $200 million Web 3.0 social media initiative, to being utilized by Opera’s web browser to bring its decentralized apps to a wider audience, the future looks incredibly bright for the MATIC network.