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The Latest Breaking News from blockchain

California's DMV is now using blockchain. That could be huge

Californians will soon be able to carry their car titles as NFTs in a digital wallet.

Fortune

Sui blockchain-based Ethos Wallet raises $4.2 million to build out applications on the little-known blockchain

The funding round comes as funding for crypto-related startups becomes increasingly scarce.

Fortune

California announces DMV-run blockchain through partnership with Tezos

The agency will digitize car titles for California drivers.

Fortune

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Solana shakes off its death rattle with a 140% jump in value since the start of the year

The cryptocurrency’s underlying blockchain has also outpaced competitors in the number of developers contributing to it.

Fortune

JPMorgan CEO Jamie Dimon says that Bitcoin is a ‘hyped-up fraud’ and cryptocurrencies are a ‘waste of time'—but blockchain is a 'deployable' technology

“I think all that's been a waste of time and why you guys waste any breath on it is totally beyond me,” Dimon told CNBC on Thursday. “Bitcoin itself is a hyped up fraud. It’s a pet rock.”

Fortune

UK-founded crypto firm Blockchain.com lays off almost a third of workforce

UK-founded crypto brokerage Blockchain.com is set to cut 28% of its workforce as the so-called ‘crypto winter’ intensifies.

Evening Standard

'A fraud and a bubble are two different things': Crypto is shocking to a financial historian who literally wrote the book on financial bubbles

Financial historian William Quinn says crypto is either the smartest “Ponzi” or the stupidest “bubble” in history: “And the truth is probably somewhere in the middle.”

Fortune

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JIB introduces digital coin for loyalty scheme

IT retailer JIB Computer Group has embraced corporate blockchain technology as it pushes its utility token JBC coin to serve as a new marketing tool and draw the interest of younger generations.

Bangkok Post

Why the environmentalist critics of data centers are wrong

There is no path to lower carbon output that doesn’t depend heavily on adding more information technology to our infrastructure, writes EY's blockchain leader Paul Brody.

Fortune

Will 2023 bring more crypto bankruptcies to weed out ‘the pumps and the frauds’?

The crypto industry had a rough go of it in 2022, with crashing cryptocurrency prices and a series of catastrophic bankruptcies.

Tribune News Service

Blockchain gets religion? Taiwan temple mints NFTs

The Chinese sea goddess Mazu is big business in Taiwan and the blockchain could make it even bigger.

Bangkok Post

The evolution of crypto and Web3 in the Arab world

Central banks in the Middle East and Northern Africa are driving the region's progress in crypto and Web3.

Fortune

The road ahead for cryptocurrencies

Greater government regulation of blockchain technology may bring more structure and stability to the crypto sector | Content partnership

Newsroom.co.nz

In balmy Puerto Rico, diehards shrug off the crypto winter: ‘We’re not worried’

Blockchain aficionados have long flocked to the island for its favorable tax laws. But as the industry wobbles, local residents are pushing back

The Guardian - US

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news in one place.

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Fortune

Blocknative raises $15 million to provide global infrastructure to Ethereum

The Series A round is backed by web3 native funds like Blockchain Capital and HackVC.

Investors Business Daily

Crypto Crash: Damage Report Ahead Of SBF Testimony

The Crypto Crash continues with Sam Bankman-Fried set to testify before Congress Tuesday; Binance reserves questioned; Argo Blockchain eyes bankruptcy.

The National (Scotland)

Laird could sell off Scottish nudist beach after losing £130k in crypto 'scam'

A LAIRD who lost £130,000 in a cryptocurrency investment has warned he may have to sell off parts of his estate.

The Conversation

NFTs in the art world: A revolution or ripoff?

Non-fungible tokens (NFTs) are digital objects that represent something else, such as a work of art, a video or even a tweet. They certify the existence and the ownership of this item through a data recording on a blockchain (a distributed ledger technology).

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Fortune

Goldman Sachs and the return of ‘Blockchain not Bitcoin’

Goldman Sachs CEO says Wall Street knows best when it comes to blockchain innovations.

Bangkok Post

AIS joins e-waste blockchain initiative

Advanced Info Service Plc (AIS), Thailand's biggest mobile operator by subscriber base, has joined hands with partners to launch an electronic waste blockchain system that allows users to track and trace e-waste through the recycling process and calculate carbon reduction scores.

Tribune News Service

Overshadowed by failures, crypto hacking exacts higher price

The cryptocurrency industry is circling the wagons in defense as hackers siphon more money from the sector each year.

Bangkok Post

Boosting Thailand’s social capital through blockchain technology

It is often said that innovation and sustainability go hand in hand. Frequently, changes brought about by new business models and the rise of novel technologies can in turn create a raft of positive outcomes for company stakeholders and the broader environment.

The Street

GameStop Just Realized Blockchain Won't Save It

The company just started its third round of layoffs this year.

Fortune

Bitwave raises $15 million Series A to expand its crypto accounting software

Hack VC and Blockchain Capital led the round.

Roll Call

Overshadowed by failures, crypto hacking exacts higher price - Roll Call

The cryptocurrency business is losing more money to hackers, losses that have been overshadowed by the high-profile failures in the sector.

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