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 initiative, in collaboration with software development firm Oxhead Alpha, aims to streamline the state’s title transfer process. By allowing users to claim their digital titles through a new application, the
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Nader Al-Naji, the co-founder of the social media platform BitClout, has been charged by the US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) for his involvement in a fraudulent crypto asset scheme. According to the SEC’s complaint, Al-Naji raised over $257 million through unregistered offers and sales of BitClout’s native token,
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