Crypto Error Sees Loss of $500k in BTC: A Week of Crypto Highs, Lows, and Ethical Pursuits

In a significant blockchain error, a Bitcoin user mistakenly paid a 20 BTC ($500,000) fee to move only 0.074 BTC ($200). Additionally, gaming VC firm Animoca Brands secured $20 million for the Mocaverse project, and Unstoppable Domains introduced a Business-to-User messaging feature. Meanwhile, the DOJ targets Bitcoin fraud and French regulators launch an educational module for influencers. Decentralized exchange Sushi integrated with non-Ethereum Virtual Machine chain Aptos, marking a significant step in blockchain interoperability.

China’s Crypto Clampdown vs Global Leanings: Divergent Paths in Blockchain Evolution

China continues its crackdown on crypto activities on Weibo, targeting more than 80 influential crypto personalities. Meanwhile, the IMF and FSB released policy recommendations to manage cryptocurrency-associated financial risks. In other developments, the DFINITY Foundation partners with Lugano’s municipality and Unstoppable Domains added .eth domain support to its messaging service.

Navigating the Future of Blockchain: Innovation Progress Spurred by Cryptography, Regulation and Social Integration

“Binance Labs has invested in Delphinus Lab, a project exploring zero-knowledge cryptography in WASM environments. Meanwhile, Num Finance has launched a Colombian peso-pegged token on the Polygon network, with the potential regulatory scrutiny. Elsewhere, Unstoppable Domains has released a messaging feature for secure blockchain-based social interaction.”

Crypto Crime Roundup: Extradition, Insider Trading, and Kidnapping Cases Unfold

Recent legal news includes the extradition of UK national Joseph O’Connor for the 2020 Twitter hack, Coinbase’s former product manager being sentenced for insider trading, and a Vietnamese kidnapping case involving stolen crypto. In developments, Binance launches Capital Connect, Xapo Bank integrates Tether payment rails, and Unstoppable Domains joins the OMA3 Board of Directors.

JOMO Effect NFTs: Mental Health Meets Web3, Artist Empowerment, and Environmental Impact

Peace Inside Live partners with 11 organizations, including Deepak Chopra’s Seva.Love and TIME magazine’s TIMEPieces, to launch the JOMO Effect NFT collection, raising funds for Web3 mental health. The project features over 40 digital artworks, with a portion of sales donated to mental health charities, promoting well-being and self-care in the digital space.