Blockchain gets down and dirty fighting fraud at California’s DMV

Japanese commercial giant Sumitomo Corporation has partnered with a sister company of local cryptocurrency exchange bitFlyer to launch a blockchain real estate business.As Cointelegraph Japan reported on July 23, bitFlyer Blockchain will develop an umbrella platform for renting real estate, driven by smart contracts on its in-house Miyabi blockchain. Speaking to local tech news outlet CNET…

Hong Kong’s central bank reportedly asked major banks including HSBC, Standard Chartered and Bank of China why they aren’t accepting crypto exchanges as clients. 578 Total views 3 Total shares The Hong Kong Monetary Authority (HKMA), which serves as the region's central bank and regulator, has reportedly put pressure on major banks including HSBC and…

Bitcoin (BTC) shifted higher on Aug. 18 as the latest data confirmed the European Union’s highest ever inflation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSupport and resistance close in on BTC spot priceData from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $23,500 at the time of writing, having preserved $23,000 as support overnight.Concerns over a…

A metaverse casino has been hit with simultaneous cease and desist orders from four state enforcement bodies across the United States, who have deemed the firm’s nonfungible tokens (NFTs) to be unregistered securities. Over two NFT collections offered by metaverse casino Slotie, the tokens are said to offer access to the metaverse casino, staking rewards, revenue…

A physical bitcoin (BTC) is selling on eBay for $99,000, a listing on July 1 shows.The seller claims the “collector’s must have” is a Casascius brass token that was created in 2011.According to the listing, the physical coin is loaded with one BTC that has not been redeemed, and all of the seals remain intact.Payment can be made…

The discourse surrounding the securities laws and the treatment of digital assets continues to draw debate among market participants, regulators and legal practitioners. One of the most high-profile targets in this ongoing debate is XRP, a digital asset issued by Ripple Labs Inc. Despite voluminous public examination, regulators have not reached a consensus on the appropriate…

Telefónica Tech is integrating with Polygon’s Privado ID to advance its digital identity solutions as Europe moves toward digital ID implementation.

A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors.

A former PBoC official says that his country has taken a cautious approach with the digital yuan. 1292 Total views 14 Total shares The Chinese government is not seeking to replace existing fiat currencies with its own digital currency, according to a former governor of the People’s Bank of China, or PBoC.Zhou Xiaochuan, the president…