Crypto EcoBlog
KFC announced its status as the first quick-service restaurant (QSR) in the MENA region to implement an innovative blockchain platform for its digital advertising and media buying. Ads, the backbone of any direct to consumer business, will have greater transparency through the new blockchain-based framework that KFC will implement.KFC’s Foray Into Blockchain-Enabled Ad BuyingThe digital advertising industry is fraught with conflict of interest. Companies can “fake” impressions and clicks...
Read More »Bitcoin Is Here To Stay As Majority Thinks Crypto Will Play a Role In The Next Decade, Survey Says
The levels of confidence in European countries in cryptocurrencies are on the rise amid the global impact caused by the COVID-19 pandemic. A recent poll on the matter concluded that 66% of Europeans believe digital assets will still exist and have a role in the next ten years.Europeans Believe In CryptocurrenciesThe poll conducted by the popular cryptocurrency exchange, bitFlyer, surveyed 10,000 people from 10 European countries on their opinion and views on the future of digital...
Read More »Just a Coincidence? YouTube Bans Ripple’s CTO Account For Impersonation A Week After Being Sued By Ripple
The most popular video-sharing platform, YouTube, has discontinued the channel of Ripple CTO – David Schwartz for impersonation. Interestingly, the suspension comes only a week after Ripple officially filed a lawsuit against the Google-owned platform.YouTube Strikes Against Ripple CTOYouTube is no stranger to suspending and deleting accounts related to the cryptocurrency industry. Aside from banning digital asset content creators, it seems that the platform is escalating the situation further...
Read More »Nasdaq Adopts R3’s Corda Blockchain For Digital Assets Management
The tech-heavy stock exchange, Nasdaq, has become the latest traditional stock market to adopt blockchain technology in managing digital assets.Nasdaq Partners R3According to a Wednesday report, Nasdaq, through a partnership with R3, will use the Corda ecosystem to create marketplaces for the issuance, trading, settlement, and management of digital assets.R3 is an enterprise blockchain technology company. The firm delivers Corda, a next-generation platform powered by industry-leading...
Read More »Ripple And Thailand’s Oldest Bank Launched A Cross-Border Payment App Using RippleNet
Several months after signing the initial partnership agreement, Ripple and Siam Commercial Bank (SCB) officially launched an application called SCB EASY for cross-border payments. Thailand’s oldest bank demonstrated the app’s efficiency by completing a transaction in less than a minute.SCB EASY Is HereThe partnership between the two entities became official at the start of the year, as CryptoPotato reported. At the time, SCB said that it will create a mobile application running on Ripple,...
Read More »BitMEX Closes Registrations for Japanese Users
BitMEX announced Tuesday on its blog that it will restrict Japanese residents from signing up for the platform starting on April 30 and ban the usage of the platform starting May 1 for existing Japanese residents.According to a BitMEX announcement, existing Japanese residents will not be able to place orders that would open a new position or increase an existing open position.Open positions will otherwise not be affected and will continue in accordance with the terms of the relevant...
Read More »Norwegian Millionaire Arrested On Suspicions Of Murdering His Wife In A Cryptocurrency Ransom Case
A woman who thought to have been abducted in 2018 and held for cryptocurrency ransom is believed to be murdered. Last Tuesday her millionaire husband was arrested in suspicion of killing her, Reuters reported.Businessman Tom Hagen’s wife Anne-Elizabeth Hagen, then 68, disappeared from her home in October 2018. The news hit the publicity and the Nordic nation later in January 2019.According to a new report by Reuters, the police in Norway arrested Tom Hagen on Tuesday.“After now 18 months of...
Read More »Opinion: Binance Coin (BNB) Is The Most Undervalued Cryptocurrency, Cz Hints That It Will Change Eventually
2020 has been a tumultuous year for the cryptocurrency market so far. Starting off great in the first couple of months, prices collapsed mid-March, largely because of fears induced by the spread of the novel coronavirus (COVID-19).In any case, there is one digital currency that seems to be particularly overlooked and that’s Binance Coin – the native cryptocurrency of the world’s leading crypto exchange and arguably the most active contributor to the industry, in general.Binance Coin (BNB)...
Read More »Northwell Health Joins IBM’s New Blockchain Solution To Help Against COVID-19 Crisis
As the novel Coronavirus (COVID-19) pandemic continues to plague the world, what is most needed is an “all hands on deck” approach. Governments, companies, non-profits, entrepreneurs, and individuals are expected to play different roles in the fight against the virus.IBM Launches COVID-19 Blockchain SolutionAmerican multinational technology company, International Business Machines Corporation (IBM), has launched a blockchain-based solution to combat the medical supply shortage in the face of...
Read More »DeFi Protocol dForce That Lost $25 Million To An Attack Refunds All Of Its Users
The recent attack on the popular Chinese decentralized finance (DeFi) protocol, dForce, may have come to a happy end for customers. The company explained that over 90% of all assets had been distributed back to users in less than 24 hours.dForce Made Whole Its UsersAs Cryptopotato reported last week, an unknown attacker exploited the Chinese DeFi protocol dForce Network. By hacking its lending solution, Lendf.Me, the perpetrator managed to dramatically reduce the total value locked (TVL) in...
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