California DMV putting vehicle titles on a subnet is innovation theater

The InterPlanetary File System, or IPFS, helps decentralize the internet by making files available across multiple locations instead of through a single centralized point of failure. What happens if someone reports a problematic IPFS file, however? Dietrich Ayala, ecosystem lead for IPFS, explained the process:"Let's say there's a URL, or an IPFS content ID as we call them…

The new exchange-traded fund will focus on environmentally friendly crypto mining infrastructure firms. 629 Total views 2 Total shares An exchange-traded fund focusing on more environmentally friendly crypto mining operations and infrastructure has been launched in the United States.The new Viridi Cleaner Energy Crypto-Mining and Semiconductor ETF started trading on Tuesday, July 20, on the…

Commonwealth Bank of Australia CEO Matt Comyn insists his bank will move forward with the second pilot of crypto services on its app once regulatory uncertainty is cleared up. The Commonwealth Bank of Australia (CBA) has put its plans for a second pilot program of crypto trading services on hold indefinitely and cut off access…

US gov’t won’t sell $590M Bitcoin on Coinbase. Does Harris plan to continue Biden’s crypto crackdown? Hodler’s Digest

Companies that have made big Bitcoin investments have performed 3X better on average. 1665 Total views 14 Total shares Wall Street banking giant Goldman Sachs has identified an emerging cluster of crypto-related stocks that are performing much better than the index itself.In a note to investors on Tuesday, April 27, analysts at the investment bank…

As cryptocurrencies and blockchain assets continue to grow in popularity and mainstream adoption, the United States Internal Revenue Service has taken an increasing interest in their taxation. In the U.S., cryptocurrency is subject to crypto tax and is classified as transactions instead of property or assets. Needless to say, failure to accurately track and report these…

The District Court for the Southern District of New York has denied a request by the United States’ securities regulator to make Telegram reveal its bank records.According to a Jan. 6 court order signed by Judge P. Kevin Caste, the court has denied an application by the U.S. Securities and Exchange Commission (SEC) to “compel…

The company continues its fight against the SEC’s position on crypto staking. 769 Total views 27 Total shares Own this piece of history Collect this article as an NFTUnited States-based crypto exchange Coinbase decided to communicate proactively on crypto staking, which had recently attracted regulators’ attention. The company’s petition to the Securities and Exchange Commission…