AEW Jumps Into NFT Space as Crypto Wallets Under Sanctions

• AEW ventures into NFT space despite WWE Moonsault’s declining engagement
• North Korean crypto wallets sanctioned; Binance says it helped Treasury seize $4.4M
• BTC-e founder accused of money laundering seeks to be freed in prisoner swap

AEW Ventures into NFT Space

American Wrestling Entertainment (AEW) has announced plans to expand its business by venturing into the Non-Fungible Token (NFT) market, despite the declining engagement of its rival, WWE Moonsault. The move aims to capitalize on the growing popularity and value of digital collectibles.

North Korean Crypto Wallets Sanctioned by US Government

The United States government has imposed sanctions on North Korean cryptocurrency wallets. According to reports, leading crypto exchange Binance helped the US Treasury Department in seizing $4.4 million from a group linked to North Korea’s nuclear weapons program.

BTC-e Founder Accused of Money Laundering

The founder of now defunct cryptocurrency exchange BTC-e is seeking release from prison as part of a prisoner swap deal with Russia, according to reports. Alexander Vinnik was arrested in 2017 and accused of money laundering via his exchange platform. He is currently serving a five-year sentence in a Greek jail.

Coinbase’s Base Announces Mainnet Plans

Coinbase’s blockchain project Base has revealed plans for launching its own mainnet later this year as part of its vision for an open financial system powered by decentralized finance (DeFi). The project also drew interest from members within the Aave community who expressed their support for the initiative.

ECB’s Panetta Deems Digital Euro Necessary

European Central Bank executive board member Luis de Guindos declared that the introduction of a central bank digital currency is necessary if Europe wants its money supply dominance maintained in an increasingly digitized world economy.

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