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Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate

Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate

Reebonz, the biggest luxury e-commerce company in Asia Pacific and Southeast Asia, has incorporated blockchain technology into its ecosystem to determine the provenance of its products.

Crypto Downturn Hits Luxury Watches Market Sales

Crypto Downturn Hits Luxury Watches Market Sales

Reports show that crypto traders and users are more likely to purchase luxury items. The meltdown in crypto prices has directly impacted the pricing of luxury watches.

Luxury Watchmaker TAG Heuer to Accept Crypto Payments

Luxury Watchmaker TAG Heuer to Accept Crypto Payments

TAG Heuer will accept the payment method after a deal with Bitpay.

DOJ Targets SBF's Jets for Forfeiture

DOJ Targets SBF's Jets for Forfeiture

Samuel Bankman-Fried, also known as "SBF," faces the possibility of asset forfeiture, including two luxury jets, as per a filing by the U.S. Department of Justice (DOJ) dated October 4, 2023. The forfeiture is linked to multiple charges against Bankman-Fried, who is currently on trial. The aircraft in question are embroiled in an ownership dispute involving the U.S. government, FTX, and Island Air Capital.

The luxury fashion brands that have entered the world of cryptocurrencies

The luxury fashion brands that have entered the world of cryptocurrencies

There are many reasons why consumers navigate towards luxury goods in ever-increasing numbers. While the hefty price tags are often enough to deter many shoppers from purchasing, others are ready to spend the extra cash for something of superior quality.

Dolce & Gabbana Bags $6M from Fashion NFT Collection “Collezione Genesi”

Dolce & Gabbana Bags $6M from Fashion NFT Collection “Collezione Genesi”

Leading Italian luxury fashion house Dolce & Gabbana sold a nine-piece collection of fashion NFTs dubbed Collezione Genesi for a whopping $6 million.

IOTA Foundation and Jaguar Land Rover Introduce Open-Source DLT Framework

IOTA Foundation and Jaguar Land Rover Introduce Open-Source DLT Framework

IOTA Foundation, a distributed-ledger technology developer, and Jaguar Land Rover, a leading British luxury car manufacturer, have introduced IOTA Access.

Gamers Invest Just Over 1 Million USD In Blockchain for Virtual Real Estate

Gamers Invest Just Over 1 Million USD In Blockchain for Virtual Real Estate

Investing in real estate is what many call a sound investment, however, does this also apply to virtual seaside views and luxury apartments in the gaming worlds as well?

Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials

Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials

The Chinese police arrested a crypto scammer gang in Wenzhou that reportedly swindled $14.3M in cryptocurrencies.

Blockchain, Brands and Clothing: Will 2020 Continue to Be a Year of Growth?

Blockchain, Brands and Clothing: Will 2020 Continue to Be a Year of Growth?

According to the global brand counterfeiting report 2018, “The growth in global trade and technology has positively affected many markets across the world, but along with that, it has some major adverse effects as well. Business organizations spend a lot of money, time and resources on protecting their brand and trademarks. But even after all the measures, the counterfeit market is booming rapidly.”

tZERO Partners With Alliance Investments to Tokenize $25M Real Estate Project in UK

tZERO Partners With Alliance Investments to Tokenize $25M Real Estate Project in UK

tZERO has announced that it has collaborated with Alliance Investments for the sole aim of tokenising River Plaza worth around $25 million.

General Motors Files Patent for Blockchain-Based Autonomous Vehicle Navigation Map

General Motors Files Patent for Blockchain-Based Autonomous Vehicle Navigation Map

Major car manufacturer American multinational corporation General Motors filed a patent on October 1, 2018, which uses the application of blockchain technology and integrates vehicle sensors to build a much-improved navigation map for autonomous vehicles.

Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud

Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud

The US Department of Justice has sentenced two Canadian nationals to two years in the US federal prison for using a fake Twitter account to steal Bitcoins from an innocent US victim.

China’s $1.5 Million Digital Yuan Giveaway in Shenzhen Left Analysts Excited, Citizens Unimpressed

China’s $1.5 Million Digital Yuan Giveaway in Shenzhen Left Analysts Excited, Citizens Unimpressed

As part of China’s rollout of its central bank digital currency (CBDC), the government had a $1.5 million giveaway of digital yuan to its citizens in Shenzhen.

Mastercard and GrainChain Bring Blockchain Provenance to Commodity Supply Chain in Americas

Mastercard and GrainChain Bring Blockchain Provenance to Commodity Supply Chain in Americas

Mastercard has announced a partnership with GrainChain, a blockchain-based supply chain management firm to enhance the commodity supply chain in the Americas

Former Microsoft Employee Convicted of $10M Bitcoin Tax Fraud Scheme

Former Microsoft Employee Convicted of $10M Bitcoin Tax Fraud Scheme

A former Microsoft employee is facing nine years in prison for defrauding the tech firm of more than $10 million in digital currency.

Crypto Investment Fraud Generates $27 Million, SEC Charges Scammers Posing as Pastors

Crypto Investment Fraud Generates $27 Million, SEC Charges Scammers Posing as Pastors

The US Securities and Exchange Commission filed a complaint against three men posing as pastors who defrauded churchgoers in a cryptocurrency Ponzi scheme.

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