US Government Has Seized Cryptocurrencies Worth $1.2 Billion So Far This Year

The U.S. government has seized cryptocurrencies worth $1.2 billion so far this year, according to an Internal Revenue Service director. This is a significant increase from $137 million in crypto seized the previous year. $1.2 Billion in Cryptocurrencies Seized Jarod Koopman, director of cybercrime at the Internal Revenue Service (IRS), shared some information on cryptocurrencies…

Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says

Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media reported. Converting a Cryptocurrency Into Another Is Not Against Iranian Law…

Several Venture Capital Firms, as well as Eminem and Paul Rosenberg, have invested $30 million in NFT Platform Makersplace

Makersplace,  NFT platform, raised $30 million in a Series A funding round on Wednesday. The NFT marketplace’s creators said they want to use the funding to “acquire additional talent and scale the business.” While Pantera Capital and Bessemer Venture Partners co-led the Series A, Eminem, the world-famous hip hop artist, also invested in Makersplace. Makersplace…