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Quick Take

• This weekly series explores the most interesting insights in NFTs, blockchain gaming, and virtual worlds
• The NFT market has been swept by a wave of blockchain games expanding their scope to the creation of universal NFT infrastructure, thereby sowing the seeds for accelerated innovation in the future
• Driven by a rise in emerging projects, the Avalanche NFT ecosystem seems to have reached its critical mass

However, Chainalysis reports the amount of illicit funds laundered through NFTs remains small compared to total crypto-based money laundering.

The post Treasury Department report warns NFTs could be used money laundering appeared first on The Block.

The Securities and Exchange Commission (SEC) said Friday that it would again delay a determination on Grayscale’s proposed bitcoin exchange-traded fund (ETF).

The post SEC again delays decision on Grayscale’s bitcoin ETF conversion proposal appeared first on The Block.

The Senate is holding another hearing on digital assets a week from today and it’s calling the head of the CFTC in to testify. 

The post CFTC chair to testify at latest Senate hearing on digital assets appeared first on The Block.

The hire may suggest that Disney is bullish on NFTs and might incorporate such digital assets into its business model in the future.

The post Disney is looking for a business developer with NFT experience appeared first on The Block.

The former high-speed trading executive launches the new fund after leaving GTS’s crypto trading operation Radkl.

The post Former Radkl employees leave to launch new quant hedge fund appeared first on The Block.

In light of media crackdowns, social scoring and human rights abuses within China, a digital yuan strikes this Senator as a tool of control. 

The post Senator sounds the alarm on international rollout of digital yuan during Beijing Olympics appeared first on The Block.

GameStop has immediately dumped almost a third of the IMX tokens it will receive from Immutable X as part of the $100 million grant.

The post IMX token tumbles as GameStop dumps $42 million from Immutable X grant appeared first on The Block.

Bitcoin’s price rose above $40,000 for the first time since January 20. As of press time, bitcoin is trading hands at $40,365 on Coinbase, an increase of about 10% in the past 24 hours.   Friday’s price action appears to be building on positive gains reported earlier this week, which followed a period of turbulence […]

The post Bitcoin price jumps above $40,000 appeared first on The Block.

Quick Take

• Prime Trust is a digital asset infrastructure firm providing custody, payment rails, APIs and more

• +500 integrated platforms, +300m API calls / month and $3.5bn Settled Transactions / Month

• +2,000% increase in new accounts for 2021 driven by Prime Trust API Platform

• $64mm Series A in July 2021 led by Mercato Partners