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Boxing champion throws his weight behind NFTs that aim to raise funds for Ukraine

Heavyweight champion Oleksandr Usyk is helping launch a new NFT collection to raise money for Ukraine — and blockchain networks are being urged to get involved. A new nonfungible token collection is aiming to give a substantial contribution to a charitable foundation supporting Ukrainians following Russia's invasion. Blockasset says the NFT release has been organized in collaboration with world heavyweight boxing champion Oleksandr Usyk, who is from Ukraine himself. The sale comes ahead of Usyk's world title defence against Anthony Joshua on August 20. There are 2,000 one-of-one NFTs of unique artwork, and they feature quirky designs by the world-renowned artist Dosbrak — chronicling some of the key moments from the boxer's undefeated professional career. When the invasion began, Usyk had joined Kyiv's territorial defence battalion but was later given permission to leave the country so he could prepare for his fight against Joshua. The Olympic gold medalist also hopes ...

State caps or federal regulation: What's next for political crypto donations

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The industry isn’t having the best of its moments now, but the topic of campaign donations in crypto remains a relatively safe space for innovation. On Jan. 25, the Committee on Elections introduced a bill to the Kansas House of Representatives aimed at capping political donation s via crypto at $100. Regardless of the success of this legislative initiative, the state of Kanzas won’t be the first jurisdiction to target anonymous donation s. From authoritarian nations like Russia or China to electoral democracies like Ireland or Canada, one can find recent attempts to ban crypto donation s to politicians all around the globe.  The opponents of crypto may have a strong point — it’s hard to imagine a healthy democracy where large sums of untraceable money are flowing between candidates. But the problem of “dark money” and tools to dispense it around the political system existed way before pseudonymous crypto assets arrived. The industry isn’t having the best of its moments now, but ...