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A Company Tried to Put Real Estate on the Blockchain and Now It's Facing a Legal Disaster

futurism.com Unknown 2025-07-28 15:00:45

Detroit is a city that's used to fighting. Once the third most populous city in the country, its citizens have long struggled against robber barons, anti-communist witch hunts, private sector looting, and racist housing laws. It hasn't had it easy, to say the least. Now, Outlier reports, the city is doing battle against a $93 million crypto real estate scheme. The city recently announced a massive lawsuit filed against RealToken, a cryptocurrency business that's snapping up hundreds of subsidi

Topics: blockchain city detroit property realtoken
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The day someone created 184 billion Bitcoin (2020)

news.ycombinator.com Decrypt 2025-07-30 13:51:51

In brief In August 2010, someone exploited a flaw in Bitcoin’s code to create 184 billion Bitcoin. The bug was quickly corrected by Bitcoin’s anonymous creator, Satoshi Nakamoto. The person behind the "value overflow incident" exploit remains unknown. Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE There will only ever be 21 million Bitcoin. We’re not too far off—around 18 and a half million Bitcoin are already in circulation. But on the 15th of August, 2010, that limit was des

Topics: 184 billion bitcoin blockchain bug
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The SEC Is Crashing the Digital Stocks Party

gizmodo.com Luc Olinga 2025-08-01 15:20:28

For years, the promise of blockchain technology has captivated the financial world, hinting at a future where traditional assets are transformed into nimble, digital “tokens.” This vision, as the U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce puts it, is “enchanting, but not magical.” She just sent a clear message to anyone hoping blockchain would free them from financial regulation: not so fast. Commissioner Peirce acknowledged the promise of tokenization, the process

Topics: assets blockchain peirce real tokenized
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Exploring the Complexity of Distributed Consensus Algorithms in Blockchain

computer.org Laurel Tweed 2025-08-03 18:00:45

Consensus in blockchain isn’t just a technical problem—it’s an intellectual minefield. You’ve got decentralized nodes spread across the globe, each operating under different assumptions, with varying latencies, incentives, and potential motivations, and yet they’re all expected to come to the same conclusion about the state of a distributed ledger. No central authority, no fallback mechanisms, no easy resets. Just code, cryptography, and coordination dancing on the edge of chaos. It’s beautiful

Topics: blockchain consensus finality like network
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Robinhood Wants to Redo Wall Street on the Blockchain

gizmodo.com Luc Olinga 2025-08-08 20:27:24

Robinhood, the company behind one of the most popular trading apps for everyday investors, just revealed a sweeping new vision for the future of finance. And its bold plan seems to leave traditional Wall Street institutions behind. The company announced a daring set of new products this week from Cannes, France. These offerings are designed to move traditional financial assets, like company stocks, investment funds (ETFs), and even complex trading tools called derivatives, entirely onto the blo

Topics: assets blockchain crypto digital robinhood
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Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens

cnbc.com Mackenzie Sigalos Jordan Smith 2025-08-20 00:00:01

In this article PYPL SHOP COIN CRCL V MA JPM Follow your favorite stocks CREATE FREE ACCOUNT A $44 billion IPO. A Senate bill with bipartisan momentum. And now, a wave of Fortune 500 firms launching crypto tokens of their own. Stablecoins — once a niche corner of the cryptocurrency world — are entering the corporate and policy mainstream, potentially reshaping how money moves in the United States and around the world. "Many of the users out there today are not aware of stablecoins, or not

Topics: blockchain crypto payment stablecoins token
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US recovers $225 million of crypto stolen in investment scams

bleepingcomputer.com Unknown 2025-09-04 11:33:01

The U.S. Department of Justice has seized more than $225 million in cryptocurrency linked to investment fraud and money laundering operations, the largest crypto seizure in the history of the U.S. Secret Service. The state's investigators used blockchain analysis to trace the funds stolen from over 400 victims, which were then laundered through a complex network of cryptocurrency addresses to obscure their origin. "The complaint alleges that the cryptocurrency addresses that held the over $225

Topics: addresses blockchain cryptocurrency fraud groups
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Bybit hacked for almost $1.5 billion in the biggest crypto theft ever

engadget.com Unknown 2025-06-01 07:22:48

While 20th-century heists involved scoping out a location, recruiting a person on the inside and having a daredevil getaway driver waiting outside, the 21st-century version looks more like what Bybit experienced today. A hacker stole nearly $1.5 billion in Ethereum (ETH) and staked Ethereum from one of the exchange's offline wallets, nabbing the largest cryptocurrency haul ever. One blockchain security expert said it's likely the all-time biggest heist of any kind, not just crypto. Bybit CEO Be

Topics: blockchain bybit cold percent zhou
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