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Tether Defies Treasury Sanctions

Earlier this month, the United State Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash for facilitating the laundering of $7 billion worth of crypto since its creation in 2019.

On Wednesday, August 24, Tether announced that it will not freeze the smart contract addresses linked to the recently sanctioned Tornado Cash.

Freezing Tornado Cash Addresses Could be Reckless

Tether explained that freezing the addresses could be a “highly disruptive” and “reckless” move. The stablecoin issuer believes that the move could alert suspects of an impending law enforcement investigation.

In order to avoid abandonment of funds and jeopardize further evidence gathering, Tether has refrained from freezing smart contract addresses linked to the sanctioned crypto mixer.

Tether writes that if the assets are frozen (like Circle did) without instructions from U.S. authorities, the move could jeopardize the work of other regulators and law enforcement agencies around the world.

Cryptocurrency companies have been moving to improve compliance worldwide amid the bear market of 2022, with many platforms increasingly securing licenses and approvals.

As one may find it difficult to track all global regulatory milestones in crypto, Cointelegraph has picked up some of the latest compliance developments over the past couple of weeks

The International Finance Corp (IFC) is committed to greater efficiency and use of carbon projects.
The World Bank affiliate launched the Carbon Opportunities Fund to provide emissions offsets through the blockchain.
Only 10% of carbon credit projects currently meet the fund’s criteria.
A blockchain platform dedicated to the trading of carbon offsets will be able to attract a greater number of institutional investors to boost green projects in emerging markets, the International Finance Corp (IFC) told Reuters.

The organization, which is affiliated with the World Bank, was created in 1956. It is promoting blockchain because it believes that this technology will be able to better promote the use of carbon offsets to mitigate climate change than the traditional methods used.

The blockchain is a shared ledger or decentralized digital database, which facilitates the recording of transactions and serves to track and trade any asset on the network.

Companies use the credits to offset the emissions they generate or the carbon footprint accounted for. The level of greenhouse gases (GHG) is calculated through the direct or indirect emissions of organizations.

Unizen, CeDeFi ecosystem and exchange, announced the appointment of the new Chief Strategy Officer. A prominent crypto expert, Michael Healy, will take the lead.

Healy has been in the crypto space since 2010. He is one of the co-founders of the DAO platform Unit Network. Using the Unit Network blockchain powered by Polkadot, the network is a leading token builder fueling the token economy.

Healy initially worked for Wikileaks and built their Android application in 2010. He brought BTC into Wikileaks after Visa/ MasterCard donations were shut off.

Since that time, Michael has also founded one of the most popular social networks in the UK. Additionally, during his time at Wellington Partners, a prestigious venture capital firm in London with roughly a billion dollars under management, he invested in companies like Spotify (NYSE:SPOT).

“I’m really excited to have Michael joining the team at Unizen and to formally announce his appointment as Chief Strategy Officer (CSO) to help shape and enhance our strategic direction and expand growth and adoption of our ecosystem moving forward,” said Sean Noga, Chief Executive Officer at Unizen.
Unizen is the CeDeFi exchange that combines the functionality of first-party and third-party CEX’s and DEX’s to meet the needs of both retail and institutional traders.
The company claims that Unizen Exchange can find and aggregate the most cost-efficient trades across many exchange modules, including Binance, to provide the best offers, reliable performance, and a secure environment for high-volume trading

Mines of Dalarnia (often abbreviated as MoD), the 2D mining action-adventure game, has just announced that its public beta is now available on Mac. Players can download the game on their Mac devices directly from the official website.

The MoD team took to Twitter (NYSE:TWTR) to share the news.

“Are you ready, Miners?! We are very excited to announce that our Mac Build Public Beta is finally available to everyone,” the announcement read.

Are you ready, Miners?! We are very excited to announce that our Mac Build Public Beta is finally available to everyone. Visit our website and download it here: https://t.co/wRvvCd0GxG pic.twitter.com/IGpMfT7TIM
— Mines of Dalarnia () August 15, 2022

With this, the blockchain game will be available on Mac and Windows PC. To download, players can head over to the official website and install the beta version.

What is Mines of Dalarnia?

Mines of Dalarnia is an action-adventure dungeon crawler game based on the Chromia blockchain. Much like the name suggests, the game is all about mining minerals and progressing through the levels.

As players mine and collect in-game items, they have to slay monsters. Developed by Workinman Interactive, the 2D game is a perfect blend of combat, mining and adventure in an interplanetary environment.

The first Alpha test was rolled out in 2021 and the devs continue to make steady progress. The DAR token is available on several exchanges.

Mines of Dalarnia Gameplay

As MoD runs on Chromia blockchain, the game can collaborate with other games within the Chromia ecosystem. Players can own land (NFTs) and other in-game resources (tokens) in the game.

After kicking off its first Alpha season, ‘My Neighbor Alice’ has now rolled out its marketplace. The announcement came via an official Medium blog post and a tweet.

Currently, the marketplace supports the buying and selling of land on the secondary market, P2P land trade, and a few more features. The official announcement also mentions that new features like land previews will soon be made available.

Hello Neighbors We are delighted to announce that our Marketplace is now live! Learn more
— Alice () July 26, 2022

My Neighbor Alice Marketplace: What’s in It?
With the new marketplace, players can buy and sell land in ‘Lummelunda’, the official digital world of My Neighbor Alice. What makes the marketplace unique is the inclusion of a number of smart features that help make trading easier.

hile some refuse to adopt nonfungible tokens (NFTs), others are finding ways to realize the potential of NFT technology to solve real-world problems.

In an interview with Cointelegraph, Josh Katz, CEO of NFT marketplace YellowHeart, shared his thoughts on using NFTs in ticketing, what the NFT space will look like in the future and whether NFTs can eventually surpass crypto in popularity.