#Web3
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S&P Solutions Accused of Money Laundering Through Crypto ATMs
The Cuyahoga County Prosecutor's Office, in cooperation with the U.S. Secret Service (USSS), filed charges against S&P Solutions and three of its employees for operating crypto ATMs without a proper license, conspiring to launder money, and engaging in corrupt activities. Tencent-Backed Everledger Faces Bankruptcy
Cai Yige, the former head of Tencent's blockchain business, has left the company to found web3 wallet Punk Code, following his departure at the beginning of the year. Meanwhile, Everledger, an Australian blockchain technology firm supported by Tencent, has filed for bankruptcy nd liquidation due to insufficient investor funds. Quantum Temple: Invest in Culture and Art
Quantum Temple is an NFT marketplace designed to preserve cultural heritage, including traditions, knowledge, and art. Built on the Ethereum and Algorand blockchains, the platform allows collectors to purchase NFTs and provide financial support to national communities. 
Altered State Machine: Give Your Avatars a Brain Boost
Can artificial intelligence have a place in the metaverse? Absolutely – especially if we're talking about Non-Fungible Intelligence®. The Altered State Machine (ASM) DeFi protocol lets users evaluate the abilities of digital brains for avatars in games, apps, and other virtual worlds. 
Sip into the Future: Invest in Digital Wine with Bored Grapes
The era of wine futures has passed. Now, it's time to cultivate digital wine with the help of the startup, Bored Grapes! Thankfully for investors, the yields of their efforts can be exchanged for a tangible bottle of an exclusive libation crafted by skilled vintners. 
Coinbase Eyes UAE as Strategic Hub for Crypto Expansion
The United Arab Emirates (UAE) has rapidly established itself as a global center for web3 innovation, with the nation boasting a thriving startup ecosystem, robust blockchain infrastructure, and a cryptocurrency adoption rate exceeding 11% of the population. White House Proposes Tax on Crypto Mining
The US budget for fiscal year 2024 is poised to foster economic development, trim household expenses, and improve healthcare and social security. Among the novel provisions in the proposal is the DAME, an excise tax on energy consumption related to digital assets mining. 
A Second Chance for the Worst NFT Traders
Web3 company Truth Labs, known for its popular non-fungible token (NFT) collection Goblintown, is preparing to launch its Season 2 mint, Big Inc, a 15,000-unit sequel. The collection aims to celebrate the culture and community of Web3 and will prioritize collectors based on their "rekt activity," or poor trades in the NFT space. WineChain: A New Era for the Wine Business
Exclusive wine from esteemed wineries can now be purchased with delivery on the Web3 platform. The WineChain project, spearheaded by celebrated winemakers and retailers, has curated an array of worthy propositions for wine connoisseurs who aspire to enrich their collections. Passive Earnings from DeFi Liquidity Mining
If you've invested your money in digital assets and don't want to just leave them sitting in a wallet, you're in luck! The CeFi and DeFi markets have plenty of tools available to help you earn passive income, including staking and yield farming. Another option to consider is liquidity mining. ONE Championship, Animoca, and Notre Game to Launch MMA in Web3
Fighting strategy games have always been a hit with gamers, and they have become even more exciting with the integration of blockchain technology and NFTs. When these games are developed by well-known brands and launched as mobile games, they are sure to gain immense popularity within the Web3 community. 
Boop & Frens: forever young Betty enters Web3
For over 90 years, Betty Boop has been a legendary animated character who has captured the hearts of audiences. While she could have remained confined to the silver screen, the latest trends have brought the coquettish fashionista into the world of Web3 with confidence and flair in 2022.