Blockchain ID project Humanity Protocol hits unicorn status with $30M raise

International electrical engineering company ABB has rolled out a blockchain pilot to explore how the technology could promote the role of solar energy in peer-to-peer (p2p) energy trading, technology-focused media outlet PV Tech reported on May 16.To implement the project, ABB collaborated with Italian energy aggregator Evolvere to deploy a blockchain it jointly developed with…

Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace. 550 Total views 5 Total shares Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastructure testing. The project will assumably prepare the payments platform for…

Today the value of Tesla stock set a new record high at $1,027, bringing the market capitalization to $188 billion, and also surpassing the total market cap of Bitcoin (BTC), which hovers at $181 billion.While the value of Tesla stock and Bitcoin price are not interconnected, there is a symbolic comparison between the two as…

Representatives of major crypto exchanges today told the United States Internal Revenue Service that they want to see clear regulations rather than vague suspicion from the tax authority.In a March 3 panel that is a continuation of a broader crypto summit at the IRS building in Washington, D.C., representatives from Coinbase, Kraken, and major accounting…

CEO Arthit Nanthawittaya said the acquisition was based on the growth of businesses in the digital asset space over the last 2 years and the expected value in the long term. 690 Total views 29 Total shares Thailand’s oldest bank plans to become the majority shareholder of one the largest crypto exchanges in the country…

Metaverses and blue-chip nonfungible tokens (NFTs) are the driving forces behind the dramatic growth in the NFT market. Projects like the Bored Apes, Crypto Punks, Azuki, Clone X and Doodles collections have steadily attracted collectors' interest in the past year. As a result, these NFT projects have helped the NFT market achieve a growth rate…

NFTs and the Metaverse are the hottest topics in the cryptocurrency ecosystem right now, but the next big thing might just be decentralized social media. Like decentralized finance, decentralized social media platforms don’t have a centralized governing body and may, someday, provide viable alternatives to established platforms like Twitter, Instagram, Facebook and TikTok. The technology…

The tax authority made three arrests in connection with a suspected tax evasion using shell companies and false identification. 387 Total views 5 Total shares HM Revenue and Customs (HMRC), the chief tax authority in the United Kingdom, have seized three nonfungible tokens (NFTs) associated with a suspected tax evasion fraud.The tax watchdog claimed it…

Fireblocks builds on its multi-party computational technology to create a Secure Asset Transfer Network, allowing institutions to quickly and securely find, connect and transact. 740 Total views 26 Total shares Institutional digital asset security specialist Fireblocks launched its Asset Transfer Network on June 2.The open network enables institutions to securely find and connect with their…