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Crypto payment option for Honda cars only works via third-party platform

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FCF Pay’s X account has been suspended amid circulating misreporting about its “partnership” with Honda, which has never happened. Major automobile manufacturer Honda does not accept cryptocurrency payment s directly but one can use cryptocurrencies like Bitcoin (BTC) to buy a Honda car through a third party . In early October, several publications mistakenly reported that Honda started accepting cryptocurrency as payment. But Honda doesn’t allow one to purchase its cars in exchange for crypto, a spokesperson for the firm told Cointelegraph, stating: “American Honda does not accept cryptocurrency as payment. The recent reports regarding a change to this policy are incorrect.” Honda didn’t respond to additional questions on its stance on crypto or whether the company is planning to integrate cryptocurrency payment s in the future. While direct crypto payments for Honda automobiles aren’t available, one can still use cryptocurrency payment platforms like FCF Pay to buy a Honda car. Acco...

Stellar initiates security audits for imminent Soroban smart contracts platform

The Stellar Development Foundation is set to enhance its blockchain offerings with Soroban, a new smart contract platform, currently in testnet phase, emphasizing heightened security and seamless integration. The Stellar (XLM) blockchain, known for fast international transactions, is about to introduce something new. This is called Soroban, a platform for smart contracts that’s being tested right now. What makes Soroban special is its use of WebAssembly (WASM), which is designed to work well with regular websites and blockchain systems. Product update! Today, @CertoraInc & @StellarOrg have teamed up to boost @SorobanOfficial, the Stellar network's smart contract platform , with cutting-edge formal security verification. Why is this important? It fortifies the foundation of blockchain security , ensuring trust… — Stellar (@StellarOrg) October 11, 2023 Blockchains need to be very safe. Even a tiny mistake in the code can cause big problems. That’s why St...

The Hong Kong Police Force launch new metaverse platform, ‘CyberDefender’

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The platform was launched to promote crime prevention in the metaverse as “all crimes in the cyberspace could also happen in the metaverse." The cyber security unit of the Hong Kong Police Force have launched CyberDefender, a new metaverse platform designed to educate the public of the potential dangers associated with Web3 and the metaverse . According to a May 27 statement, the Cyber Security and Technology Crime Bureau (CSTCB) of the Hong Kong Police Force unveiled a new metaverse platform, CyberDefender, in an effort to prepare its citizens for the “challenges ahead in the digital age” with a focus on technology crime prevention. "Exploring the Metaverse" event in the CyberDefender metaverse on May 27. Source: Government of the Hong Kong Special Administrative Region. On the same day that it launched, an online event was held “Exploring the Metaverse," spanning across three virtual venues, with the aim of discussing crime prevention strategies within the meta...