California’s Department of Motor Vehicles (DMV) has taken a significant step towards modernization by digitizing 42 million car titles using the Avalanche (AVAX) network. This collaboration with software development firm Oxhead Alpha aims to streamline the state’s title transfer process, eliminating the need for in-person office visits. The upcoming mobile application, set to launch early
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Nader Al-Naji has found himself in hot water with both the US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) for allegedly orchestrating a fraudulent crypto asset scheme involving BitClout and its native token BTCLT. The allegations state that Al-Naji raised a staggering $257 million through unregistered offers and sales of BTCLT
Bitcoin’s price recently experienced a notable decrease after breaking down the $64K support level. This has put the price in a crucial area that could potentially determine the mid-term fate of the crypto market. On the daily chart, the price has been on a downward trend since forming a double top pattern at the $68K
Semilore Faleti is a cryptocurrency writer whose expertise lies in the realms of journalism and content creation. His journey into the world of blockchain and cryptocurrency began with a wide range of writing subjects, but it was not long before he delved deep into the complexities and nuances of this fascinating industry. Semilore’s passion for
The recent discoveries made by on-chain investigator ZachXBT have shed light on the involvement of convicted UK hacker Gurv in the cyber compromises of American actress Sydney Sweeney and ‘Breaking Bad’ actor Bob Odenkirk. These incidents resulted in over $530,000 being stolen through Solana meme coin scams. On July 2nd, Sydney Sweeney fell prey to
Opeyemi is not your average writer – he is a dedicated enthusiast in the realm of cryptocurrency. Despite not initially choosing the digital asset industry, he has found himself immersed in it for over two years now. His passion for unraveling the complexities of blockchain technology is evident in the unique pieces he creates, sharing
Bitcoin (BTC) miners are experiencing a boost in profitability, which could potentially lead to a decrease in selling pressure from this group of market participants. Following Bitcoin’s rally to $69,000, the cryptocurrency’s hashrate has seen a recovery, now only 3% lower than its all-time high compared to 8% on July 9. This resurgence in hashrate
The recent economic uncertainty in the United States has had a significant impact on the cryptocurrency market, particularly on the price of Bitcoin. In the past day, Bitcoin’s price experienced a sharp decline, dropping to $60,500 for the first time in almost three weeks. This downward trend was mirrored by several other altcoins, with assets
Bitfarms, a Toronto-based Bitcoin mining company, recently reported that its operational hash rate reached an impressive 11.1 EH/s by the end of July. This marked a significant 109% increase compared to the previous year, showing the company’s continuous growth and development in the industry. Additionally, there was a 7% rise in hash rate month-over-month, with
The identity of Satoshi Nakamoto, the elusive creator of Bitcoin, has puzzled experts and enthusiasts alike for over a decade. Despite numerous theories and speculations, the true identity of Nakamoto remains shrouded in mystery. From renowned figures like Elon Musk and Edward Snowden to claims made by software developer Craig Wright, the search for the
