hduub
@fpo
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According to Bitcoin.com, the Brazilian Federal Police recently launched the "Nifheim Operation" and successfully destroyed three criminal organizations that use cryptocurrency for money laundering. This operation involves Cassias Dusu, S รฃ o Paulo, Fortaleza, and the city of Brazil, with a total of 8 arrest warrants and 19 search and seizure warrants issued. Since 2021, the involved gang has laundered over 9.7 billion US dollars through cryptocurrency, with funds mainly sourced from drug trafficking and smuggling. The Brazilian federal court has frozen $1.58 billion in assets and seized multiple vehicles and real estate. The police revealed that these groups used shell companies to conceal the source of funds, which were subsequently transferred to places such as the United States, the United Arab Emirates, Hong Kong, and China @ruyau @eylon.eth 0 reply
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Stacks established the Asia Foundation yesterday, which will receive an initial grant of $15 million. The Stacks Asia Foundation is committed to establishing mutually beneficial relationships in major markets such as South Korea, Hong Kong, Singapore, Japan, Southeast Asia, and the United Arab Emirates. The focus will include strategic partnerships and plans to support local builders, as well as efforts to ensure the liquidity and accessibility of key ecosystem assets. By supporting key Stacks ecosystem teams, we aim to drive TVL, regional visibility, and user growth in the Stacks layer. This move will lay a solid foundation for the large-scale adoption of Bitcoin Layer2. It is reported that Stacks will soon undergo a hard fork at block height 861500 to activate Nakamoto upgrade. This upgrade is expected to increase trading speed from the current 10-30 minutes to 5-10 seconds. @dureadan54 0 reply
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Andrew Chen, the head of GamesFundOne at a16z Game Fund, stated in an article on X platform that "we will invest $30 million in the next 30 days. I will co host our new project in San Francisco in January 2025 with members of the a16zSPEEDRUN team, which will include guest speakers, personalized coaching, and significant funding support. Applications are now open with a deadline of September 30th. a16z focuses on new startups that are just starting out, including B2B/infrastructure startups focused on AI, 3D, game engines, and other fields, as well as game studios focused on Web3, VR, AI, Discord, and other areas. Each selected startup can receive $750000 in investment and 12 weeks of course guidance (from January 6 to March 21, 2024), including offline presentations, office hours, personalized coaching, and events. @drcc 0 reply
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