• AEW has ventured into the NFT space despite WWE Moonsault’s declining engagement. North Korean crypto wallets were sanctioned and Binance helped the Treasury to seize $4.4M.
• Coinbase’s Base announced mainnet plans as the Aave community expressed interest. BTC-e founder was accused of money laundering and is seeking to be freed in a prisoner swap.
• ECB’s Panetta deemed digital euro necessary to ensure central bank money dominance, and Mastercard’s crypto head stresses security and simplicity for blockchain’s full potential.
AEW Ventures Into NFT Space
Despite WWE Moonsault’s declining engagement, All Elite Wrestling (AEW) has ventured into the Non-Fungible Token (NFT) space. North Korean crypto wallets have been sanctioned, with Binance helping the U.S Treasury to seize $4.4 million in funds allegedly associated with illicit activities like drug trafficking and hacking attempts on government entities.
Coinbase’s Base Announces Mainnet Plans
Coinbase’s Base announced its plans for launching a mainnet as the Aave community expressed interest in its development process. Meanwhile, Alexander Vinnik, the founder of BTC-e exchange, was accused of money laundering and is seeking to be released through a prisoner swap between Russia and France.
ECB’s Digital Euro
In order to ensure central bank money dominance, European Central Bank (ECB) Executive Board Member Luis de Guindos stated that a digital euro is necessary due to changing consumer habits when it comes to payments technology such as mobile banking apps or contactless cards.
Mastercard’s Crypto Head Stresses Security
Mastercard firmly believes that crypto and blockchain technology can bring much more value to financial industries once it can solve key issues of security and simplicity according to Raj Dhamodharan, EVP head of Crypto & Blockchain at Mastercard during a panel discussion at their North America Innovation Day event on May 23rd 2021 . He further mentioned that instilling trust in the blockchain ecosystem is essential for realizing its full potential but there are still some hurdles which need to be addressed such as user interface complexity & lack of comprehensive security before companies become comfortable enough about engaging with web3 industry applications & services .
Conclusion
This article discussed how AEW has ventured into NFT space despite WWE Moonsault’s declining engagement; North Korean crypto wallets were sanctioned while Binance helped US Treasury seize $4.4m; Coinbase’s Base announced mainnet plans while Aave community expressed interest in its development; BTC-e founder Alexander Vinnik was accused of money laundering while seeking freedom through prisoner swap; ECB’s Panetta deemed digital euro necessary for ensuring central bank money dominance; Mastercard’s crypto head stressed on security & simplicity for blockchain technology reaching its full potential