CIA Working on Various Crypto-Focused Projects, Director Confirms

CIA Working on Various Crypto-Focused Projects, Director Confirms

The director of the U.S. Central Intelligence Agency (CIA) has revealed that the agency is working on a number of cryptocurrency-focused projects. Cryptocurrencies “could have enormous impact on everything from ransomware attacks,” he said. CIA Has Been Working on Various Crypto Projects CIA Director William Burns revealed Monday at the Wall Street Journal’s CEO Summit that the agency is working on “a number of different projects focused on cryptocurrency.” Responding to a question from someone in the audience about whether the CIA is on top of....


Related News

CIA director says agency currently has 'a number of different projects' focus...

William Burns said that building knowledge on crypto was “an important priority” for the CIA, and he planned to devote “resources and attention” to it. Current director of the Central Intelligence Agency William Burns said his predecessor at the government agency initiated projects focused on gathering intelligence on cryptocurrency.Fielding a question on crypto at the Wall Street Journal CEO Council Summit on Monday, Burns said the CIA was looking to add expertise in cryptocurrencies and blockchain to its team of intelligence analysts in addition to communicating with industry experts. He....

Huobi trials NFT marketplace to further GameFi and metaverse strategy

Huobi previously launched a $10-million fund to invest in projects focused on GameFi, a mix of gaming NFTs and DeFi. Huobi Group, the company operating one of the world’s largest cryptocurrency exchanges, is launching its own nonfungible token (NFT) marketplace, following in the steps of other major crypto exchanges.Huobi has rolled out a trial for Huobi NFT, an NFT marketplace allowing users to buy and trade NFT artwork and collectibles in numerous sectors, such as games, art, animation and music, Huobi Group announced on Monday.According to the announcement, the launch marks a milestone....

Creditbit Announces the Launch of its Second Roadmap

Following on the successful fulfilment of everything that was laid out in the first Creditbit roadmap, the company has announced the launch of its second roadmap. Creditbit is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code. Creditbit has a market cap of $2 million and has 8% solo PoS. The first road map....

Binance Smart Chain and Animoca Brands form $200M fund for GameFi projects

BSC-based projects will get a chance to gain insight from Animoca Brands and assistance from the BSC community. Binance Smart Chain (BSC) and Animoca Brands are launching a $200 million investment program to incubate early cryptocurrency-focused gaming projects building on BSC.BSC and Animonica announced Dec. 6 that they are co-investing up to $100 million each to support game projects in the GameFi sector.One of the largest blockchain ecosystems, BSC will be investing from its $1 billion accelerator arm for decentralized finance (DeFi), nonfungible tokens (NFT) and GameFi. The fund was....

The Denver Bitcoin Center has it’s Grand Opening Party.

Early November marks the beginning of the Denver Bitcoin Center, a non-profit, grassroots incubator and shared working space for Bitcoin startups. The Center had it’s Grand Opening Party on November 7, and was attended by Bitcoin users, enthusiasts, and entrepreneurs from all over including Founder of Sean’s Outpost Jason King and Founder of the College Cryptocurency Network Daniel Bloch. Center members are already working on a couple of bitcoin projects. One project aims to educate local merchants on how to accept bitcoin for their business, and another is EasyBit, a bi-directional....