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California DMV to Use Blockchain Technology for Record Keeping


The Department of Motor Vehicles in California plans to use blockchain technology for record keeping, including the issuance of car ownership and simplifying transfers of such ownership. The DMV has tapped a private fork of the Tezos blockchain, an open-source blockchain that can execute...

Bitcoin Mining Network Hits New Record Hash Rate Above 300 EH/s


According to Bitcoin mining data tracking website MiningPoolStats, Bitcoin’s hash rate hit a new record high earlier this week. According to the website, the network reached the milestone of computing three hundred quintillion (300,000,000,000,000,000,000) hashes per second (300 EH/s).... Read...

DMCC Crypto Centre Surpasses 500 member companies in 2022


The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that demand for space is still very high, a statement has said. According to CEO at DMCC Ahmed Bin Sulayem, the “record-high” number of overall new company...

Grayscale Ethereum Trust Discount Reaches Record 60%, GBTC at 45%


The Grayscale Ethereum Trust (ETHE) is currently trading at a steep discount to its assets under management (AUM) amid dwindling institutional interest in the fund.  As of now, the fund’s discount to net asset value (NAV) has plunged to a record 60%, the lowest premium rate since the inception...

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