Circle, the issuer of the USDC stablecoin, officially announced today the successful $222 million funding round for its new Layer 1 blockchain project, Arc.
Belarus' Public Accounts Committee is accusing foreign actors of funding unrest and protests inside the country. Now the committee is arguing that these actors are using a local cryptocurrency exchange to transfer funds to protesters.
The Australian government is working its way from traditional to blockchain technology. The Morrison government keeps pouring funds into blockchain research. On July 13, it announced fresh funding of AU $5.6 million, about $4.2 million to support the two mega blockchain pilot projects that will put Australia on the path to blockchain development.
Criminals commonly use cryptocurrency to carry out illicit activities such as money laundering, funding terrorism activities, buying and selling narcotics and many others. According to the new report by the UN, hackers have been attacking exchanges to steal the cryptocurrency and then use it to fund nuclear weapons development. North Korea is leading the game.
The protesters that stormed the Capitol received Bitcoin donations worth around $550,000. Does that mean someone is funding domestic extremists to bring the country’s economy down?