Elon Musk, Tesla beat Dogecoin manipulation lawsuit
A US District Court Judge dismissed the lawsuit, saying that “no reasonable investor” could rely on Musk’s Dogecoin tweets for investment decisions.
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Security, Loyalty Programs and the End of Overbooking: How Blockchain Could Help Airlines
Airlines and airports are functioning on outdated methods of information collection and distribution, using many isolated operating systems where data exchange can be timely and unsecure — despite a reported 170 percent increase in the past 20 years of U.S. outbound trips abroad. Major competitors have recognized how the characteristics of the aviation industry align…

Get ready for even more incompetence at the IRS in 2023
The Internal Revenue Service is hiring 87,000 new agents, but taxpayers will not feel the pain for another two to three years. That’s how long it will take the agency to hire and train agents. Few have discussed the extent of this pain. Still, it’s something to think about when you consider the majority of…

NY Fed and MAS publish joint CBDC cross-border payment project results
The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency. 112 Total views 1 Total shares The Federal Reserve Bank of New York’s New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) have published the results of their joint “Project Cedar Phase II…

App Connects Bitcoin and Lightning Payments Directly to Your Bank Account
The Strike app hopes to encourage mass adoption of the Bitcoin and Lightning Network by connecting it directly to a bank account or debit card. 1740 Total views 56 Total shares Jack Mallers, developer of the Zap Lightning Wallet, announced his new app for iPhone, Android and Chrome on July 2, which allows users to…

Nigerian Deposit Insurance Corporation Warns Against Crypto Dependency
The Nigeria Deposit Insurance Corporation (NDIC), a federal insurance overseer and safety net provider, has issued a public warning about relying on cryptocurrency transactions in a press release on July 25.According to the press release, managing director and CEO of NDIC Umaru Ibrahim said that relying on cryptocurrencies is very risky, because they are unregulated…

China’s Metaverse plans: Decentralization not required
Experts say that China’s corner of the Metaverse is likely to evolve very differently to other international markets and that decentralized infrastructure may not be part of the game plan.The Sino Metaverse seems likely to repeat what happened with the web. When the internet first went mainstream in the 1990s, many people theorized that it…

Block.One Joins EOS Elections as One Entity Allegedly Has 37% Control
The centralization of EOS has again emerged as a contentious issue within the cryptocurrency community, with the firm that created the EOSIO software, Block.One, participating in electoral procedures to choose the Block Producers for the EOS blockchain.On Nov. 28, EOS Block Producer EOS New York tweeted screenshots of Whois search results that suggest that six…

Adidas Originals to launch debut NFT collection
The iconic sportswear brand recently partnered with three distinguished members of the NFT space: Bored Ape Yacht Club, GMoney, and PUNKS Comics, to advance metaverse ambitions. 703 Total views 5 Total shares Adidas Originals have announced the upcoming launch of their nonfungible token (NFT) collection titled Into the Metaverse.Although details on the supply are sparse…