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KFC Opts for Blockchain-Based Media Buying and Digital Advertisements for its Middle East Customers

KFC Opts for Blockchain-Based Media Buying and Digital Advertisements for its Middle East Customers

KFC, a leading American fast food chain, seeks to change the face of the quick-service restaurant (QSR) sector by establishing a blockchain platform in the Middle East for more transparent and efficient media buying and digital advertisements.

American Teen Arrested and Accused as Ringleader of Twitter Scam Involving Bitcoin

American Teen Arrested and Accused as Ringleader of Twitter Scam Involving Bitcoin

Graham Ivan Clark, a 17-year-old from Tampa, Florida, has been arrested and accused of being the mastermind behind the Twitter hack that reaped at least $100,000 in Bitcoin from victims in a matter of hours.

Mastercard Blockchain to Trace Produce for the Largest American Food Group

Mastercard Blockchain to Trace Produce for the Largest American Food Group

Mastercard is collaborating with Envisible, a supply-chain company, to allow the traceability of the origin of food products via Mastercard's blockchain-based Provenance Solution.

Unlicensed Bitcoin Exchange Operator Faces Up to 5 Years in Prison in the US

Unlicensed Bitcoin Exchange Operator Faces Up to 5 Years in Prison in the US

William Green, a 46-year-old American citizen of New Jersey has been indicted on one count of operating an unlicensed money transmitting business through his website, Destination Bitcoin.

JP Morgan Research: Blockchain Mainstream Years Away, Libra's Hurdles and Bitcoin Hedging

JP Morgan Research: Blockchain Mainstream Years Away, Libra's Hurdles and Bitcoin Hedging

JP Morgan has been one the earliest advocates and adopters of blockchain technology among the major financial institutions and continues to lead many other enterprises in the space. However, a new report by the American institution indicates that while the infrastructure for a digital economy is being developed globally, mainstream adoption is unlikely for at least a few years.

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.

Largest North American Bitcoin Self-Mining Company, Marathon Announces $250 Million Registered Direct Offering of Common Stock

Largest North American Bitcoin Self-Mining Company, Marathon Announces $250 Million Registered Direct Offering of Common Stock

Marathon Patent Group, Inc. (Marathon) the largest enterprise Bitcoin mining company in North America announced a $250 million registered direct offering of common stock.

Bitcoin's Largest Competitor Ethereum Quickly Gaining Ground in Colombia

Bitcoin's Largest Competitor Ethereum Quickly Gaining Ground in Colombia

The South American region has been very receptive to Bitcoin and cryptocurrencies in general. Countries such as Venezuela have experienced extreme situations ranging from inflation of their currency to other economic situations which ultimately renders them useless to persons within that geographical location have been left with little or no choice but to seek refuge in cryptocurrencies.

JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges

JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges

JPMorgan Chase has settled a lawsuit over unannounced changes made to the fee structure applied to crypto transactions using its credit cards in 2018. The American bank agreed to pay $2.5 million to settle a class-action lawsuit regarding its decision made in 2018 to treat cryptocurrency purchases with Chase credit cards as cash advances, ensuing in higher fees. However, JPMorgan is not admitting to any wrong-doing as part of the deal.

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.

Winklevoss Twins Brief David Portnoy on Bitcoin, BTC Talks Continue

Winklevoss Twins Brief David Portnoy on Bitcoin, BTC Talks Continue

American internet celebrity David Portnoy officially hosted the Winklevoss Twins at his house for a long-due conversation regarding Bitcoin (BTC) and cryptocurrencies.

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