California DMV putting vehicle titles on a subnet is innovation theater

The website accepting comments on the proposed FinCEN rule shows crypto users have until Jan. 7, not Jan. 4 as the regulator claimed. 2820 Total views 13 Total shares The United States Treasury Department may have accidentally widened the window of opportunity for anyone wishing to submit comments regarding the Financial Crimes Enforcement Network's new…

The hackers sent 1,774.5 Ether to the sanctioned cryptocurrency mixer weeks after the DeFi protocol exploit. 167 Total views 11 Total shares Own this piece of history Collect this article as an NFTIn an alert, blockchain security firm CertiK reported that the Raydium protocol exploiter had sent 1,774.5 Ether (ETH) to the mixer. The amount…

Animoca Brands' Yat Siu said developers continue to “struggle under the yoke of centralized platforms," urging them to move into the Web3 space. 215 Total views 4 Total shares Animoca Brands co-founder and chairman Yat Siu has urged for more developers to enter the Web3 space, warning that without “choice” there can be no “decentralized…

Cryptocurrency crime trends have been in the spotlight in recent weeks, but SIM swapping has been strangely absent in a number of reports on 2018.Cryptocurrency analytics companies CipherTrace and Chainalysis released two different reports focusing on the major crime trends in the space in 2018. While their data and findings sum up the biggest threats…

A finance officer believes it is necessary to sell the mined assets abroad to avoid the adoption of crypto in internal payments. 92 Total views 14 Total shares Kirill Pronin, head of Russian Central Bank (CBR)’s Department of financial technologies, acknowledged the possibility of crypto mining legalization under certain conditions. A public acknowledgment like this…

The Financial Times reports that Tether will fork out $1.5 billion, Softbank Group will add $900 million and Bitfinex will put in $600 million to a new crypto acquisition company, 21 Capital. Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto

People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project. 2283 Total views 49 Total shares People’s Bank of China (PBoC) clarified that there is still “no timetable” on a formal digital yuan launch.In an interview published earlier today on the central bank’s…

Stablecoins like Tether are flooding crypto exchanges again, potentially pointing at another upward move on crypto markets. 4568 Total views 15 Total shares Amid renewed bullish action on cryptocurrency markets, stablecoins like Tether (USDT) are flooding exchanges to hit a new historical high in terms of allocation.According to market data provider CryptoQuant, stablecoin holdings on global…

According to Fireblocks policy chief Dea Markova, more countries are pushing for alternatives to US dollar stablecoins: “It’s all about sovereignty.” Governments outside the US, including Singapore, are increasingly interested in stablecoins not tied to the US dollar, despite their currently limited liquidity, Fireblocks director of policy Dea Markova told Cointelegraph at Token2049. In an