Los Angeles, CA the premier crypto E-commerce platform will donate $50,000 to eToro’s flagship corporate social responsibility project GoodDollar, a non-profit initiative that distributes free crypto-based universal basic income (UBI) as part of its mission to onboard and educate the next billion digital assets users.
Shopping.io’s $50,000 donation will be used to support the blockchain-based fund that sustainably mints and distributes digital basic income every day to more than 250,000 members in over 180 countries. GoodDollar stands apart for its scalable and sustainable approach to generating a crypto-based UBI, that leverages the principles of impact investing to enable financial supporters to earn rewards while using their crypto for good to fund a social project. Shopping.io’s $50,000 donation will be locked in the sustainable donation basic income fund, a smart contract that donates with all earned interest donated back to beneficiaries as basic income. This makes Shopping.io’s one-time gift a “sustainable donation” that will be used to create digital basic income, in crypto-asset GoodDollar (G$), for forever. Shopping.io is the first company to make a philanthropic donation to support the GoodDollar protocol: all funds will be used to fortify the basic income fund that benefits GoodDollar members, and not for operational expenses.
Starting June 4th, GoodDollar members will also be able to spend their G$ tokens on Shopping.io’s E-commerce platform and make Amazon (US, UK, CA + DE), Ebay, and Walmart purchases using them. Through Shopping.io, GoodDollar members will now be able to use their GoodDollar tokens to shop for basic necessities and everyday items, marking a key milestone for the project and its members. Now, those who benefit the most from GoodDollar’s daily UBI distribution can spend their GoodDollars on toilet paper, toothpaste, emergency supplies, etc. on Shopping.io’s platform. The GoodDollar and Shopping.io collaboration has multiple synergies, with the $50,000 donation used to mint more GoodDollars, which then can be used on Shopping.io’s platform.
“We are honored that the team at Shopping.io has recognized the critical role GoodDollar plays in advancing the digital assets market and onboarding millions of new users to digital assets who otherwise would be left behind. We are gratified by their generous donation, which will be used to fund free digital currency for generations to come,” said Yoni Assia, GoodDollar Founder and co-founder and CEO of eToro.com. “My hope is that it inspires other crypto-philanthropists, entrepreneurs and companies to use their crypto to advance more economic empowerment for all,” he said.
The collaboration offers Shopping.io a unique introduction to the larger ecosystem of eToro and its customers, while doing good for GoodDollar’s members and the digital asset ecosystem at large. “We loved what GoodDollar was doing and wanted to help in any way we could, so we decided on this impact-driven model which I believe will bring a lot of benefit to both sides,” said Arbel Arif, Founder and CEO of Shopping.io.
With a shared vision that e-commerce and consumption are critical pathways to drive crypto adoption towards the mainstream, Shopping.io and GoodDollar are thrilled to announce this partnership which has the potential to financially benefit the spending power of millions across the globe.
About GoodDollar
GoodDollar.org is a non-profit initiative driven to advance financial education and empowerment through free distribution of cryptocurrency. It does this via advancing the GoodDollar protocol, which uses free market forces to create a sustainable and scalable framework for a crypto-based universal basic income. Through creating a free, easy-to-access stream of digital currency GoodDollar offers real people a low-risk and free way to begin to experiment and benefit from digital assets. The project was founded by Yoni Assia, the co-founder and CEO of eToro, the social investment platform with over 20 million registered users. eToro has financed the GoodDollar project as part of its corporate social responsibility initiatives.
About Shopping.io
Shopping.io is the first INTERNATIONAL crypto E-commerce onboarding and fulfillment service. We are the bridge behind crypto and retail. Have the freedom in how you pay when you shop online using your favorite crypto currencies on the Shopping.io platform. We are the only company in Crypto that allows you to purchase from major e-commerce hubs on a global scale while revolutionizing how you purchase online with your Crypto. We believe in the power of giving the Crypto industry absolute freedom when it comes to E-commerce. Have the power to choose how you spend your Crypto with Shopping.io.
To enjoy discounts and free international shipping you can purchase with Shopping.io native tokens $SPI and $GSPI. Both $SPI and $GSPI are utility tokens. https://beta.shopping.io/foundation
This partnership marks a huge step forward between Shopping.io and the eToro ecosystem as we look forward to paying it forward to men and women in need worldwide.
Source:-https://news.bitcoin.com/crypto-e-commerce-giant-shopping-io-supports-etoro-social-impact-non-profit-gooddollar/
http://dlvr.it/S1jl61
Monday, June 14, 2021
Embedded Technology Convention World Series Launches!
Multi award-winning exhibition organizer PRYSM Group are delighted to launch the Embedded Technology Convention World Series taking place in Singapore and Las Vegas next year!
The Embedded Technology Convention World Series has launched in Singapore and Las Vegas, bringing together experts from across the Embedded Systems and Technology Industry for two days. Our vision is to provide a platform to discover the latest products and services and provide the opportunity for individuals to develop professionally from the unrivaled educational content available.
The global Embedded Technology Industry is valued at over 214billion USD and with companies’ requirements to implement ground-breaking systems to elevate their offerings ahead of the competition. The Embedded Technology Convention World Series is the perfect opportunity for manufacturers and distributors to re-engage with customers and grow their profitability.
With confirmed speakers from Google, AWS, PICMG and Samtec all sharing their insights into the industry and showcasing the initiatives needed to create incredible solutions, plus over 100 educational seminars, the show promises to inspire and educate the embedded industry.
Event Director Luke Lubega said “The Embedded Technology Convention is set to be the ultimate showcase of the Embedded Systems and Technology Industry across the American and APAC markets. By listening to the industry and immersing ourselves with the requirements of both the individual and the organisation, we’re curating a show which will be a feature of the industry for many years”
Source:-https://cryptonews.com/news/embedded-technology-convention-world-series-launches-10570.htm
http://dlvr.it/S1hZGV
http://dlvr.it/S1hZGV
Friday, June 11, 2021
Police dragnet becomes intense in Kuwait to ensnare former assistant undersecretary at the Ministry of Interior, former Bangladeshi MP and French-Syrian fugitive on charges of bribery and human trafficking
Corruption is one of the biggest problems faced by any surviving country in the world. Today, bribes have become a common practice and government officials have turned against their own people, exploiting them by promising foreign residency and employment. A similar tragedy befell on Kuwaiti bidoons or stateless residents, and common Bangladeshi workers.
However, with the onset of the COVID-19 pandemic, the public pressure has greatly increased in Kuwait to address the problem of corruption in the stateless resident and migrant labor residency programs run by the Kuwaiti government. In 2020, Kuwait’s Ministry of Interior launched a campaign and convicted the three most wanted officials, namely Mazen Al-Jarrah Al-Sabah – former assistant undersecretary at the Ministry of Interiors, Shahid Islam – former Bangladeshi MP, and Bashar Kiwan – French-Syrian fugitive, on the grounds of bribery and human trafficking. Moreover, this entire controversy even involved paying large funds to government officials in order to issue Kuwait Article 17, which are temporary documents that do not confer nationality, and Comoros Islands Passports for Kuwait’s bidoon residents, also commonly known as stateless residents.
Kuwait’s Ministry of Interior revealed that approximately 17,000 bidoon or stateless residents had been tricked into paying 3,000 dinars, equaling to $9,770, each in bribes between 2014 and 2018, in order to obtain Article 17 documents and Comoros Islands’ passports. When the case was properly investigated, the Assistant Undersecretary of the Ministry of Interiors General Sheikh Mazen Al-Jarrah Al-Sabah was also found guilty and was arrested for accepting bribes.
However, the mastermind behind this entire plan was the man named Basheer Kiwan, now a Syrian-French fugitive who is wanted for multiple cases, including human trafficking, money laundering, and racketeering for defrauding Kuwaiti bidoon residents. Basheer promoted a parallel scheme through which he promised 3,000 bidoon or stateless residents passports for Comoros Islands for a nominal fee of 2,000 dinars each. Obviously, the passports were never issued to anyone who has paid the fees.
Because of this fraudulent scheme, Basheer Kiwan has also been separately indicted in the Comoros Islands, alongside its former President Ahmed Sambi, who is also known to be a partaker in this scheme. Former President Ahmed Sambi not only helped Basheer implement the scheme, but also defrauded the Comorian government in a broader passport sales scheme which siphoned up to $200 million from the government.
In another similar case, Assistant Undersecretary of the Ministry of Interior General Sheikh Mazen Al-Jarrah Al-Sabah, and the former Bangladeshi MP Shahid Islam was convicted and charged on the grounds of money laundering and human trafficking. In this case too, common Bangladeshi workers were exploited and tricked into paying fees in exchange for facilitating residency in Kuwait. However, the fees paid by the Bangladeshi workers could only fund bribes and serve as gifts for Kuwaiti Government officials.
http://dlvr.it/S1Wbpd
http://dlvr.it/S1Wbpd
SOLANAX: FASTEST Decentralized Exchange Built on Solana Blockchain
Solanax is a new DeFi protocol built on top of the Solana network that will catapult Decentralized Finances to unprecedented performance levels. As a decentralized and non-custodial automated pool-based liquidity mechanism supporting trades within the Solana ecosystem, Solanax is looking to revolutionize DeFi. The Ethereum main-net proof-of-work (PoW) consensus design flaws are no longer news, as they have stifled Ethereum's growth for a long time. For example, Ethereum's 15 transactions per second are far too sluggish, resulting in record-high transaction fees.
Its trustless token swaps, trading, and more significantly reorientation of the crypto world towards Solana. Solanax is destined to become a vital asset exchange community platform.
SOLANAX does not have an order book because we remove all intermediaries, complexity, and time-consuming procedures from the equation, giving users the freedom to trade without fear of censorship or losing ownership of their assets.
In summary, Solanax has the following features:
*
Users have complete controlNext-level liquidityFriction-less yieldLight-speed swapsDeFi is faster, cheaper, and more powerful.
The project's goals
* Utilize a blockchain to bring DeFi even closer to people, hence allowing it to scale even better.
* Make financial tools more accessible to the general public.
* Make it faster to cut cost on gas fee, hence cheaper
* Build an interface that allows people to create a comfortable trading environment (limit orders; alerts; and more).
* A central order book provides liquidity access across the ecosystem, so individuals are not reliant on a single source of liquidity.
*
Incentives for early adopters
The first beneficiary of the project is early adopters, who will be rewarded with platform incentives, with 40% of their total token supply allotted to them. The platform does not charge any fees. Stakeholders of the $SOLD Token will get all swap trading fees (0.2 percent from the maker and 0.3 percent from the taker). So, as expected, a large community popped up around Solanax on Sunday as soon as private sales were revealed!
Why Solana?
Solana blockchain has increasingly become the blockchain of choice for newly launched projects. As such, the company has re-evaluated its strategies and now expanding its capacity to accommodate the rising demand for faster blockchain services. The blockchain aims to be the go-to network for decentralised applications, that’s according to sources at Solana. Over time, it’s looking to effectively compete or even surpass the market leader, Ethereum.
Solana blockchain uses a new method of verifying transactions, proof of history (PoH), to solve the scalability and speed issues that have been problematic to its predecessors, Bitcoin and Ethereum. Scalability is one of the most challenging aspects of blockchain technology to overcome. As these networks expand, they frequently encounter transaction speed and confirmation time constraints, which consequently leads to a high cost of transactions. Through PoH, Solana can handle thousands of transactions per second, with significantly cheaper transaction fees. Solana attempts to achieve these by maintaining security and decentralization.
The Significance of Solana to DeFi Projects
DeFi technologies are meant to increase financial access to the increasingly capitalistic society. These technologies will continue to improve the lives of many people on the other side of the world who previously lacked access to financial instruments that would have allowed them to compete in a capitalistic world. Investing in a future where everyone is more equal is a no-brainer.
We believe that Solana will be a significant player in the crypto space. A vast percentage of people are still unaware of the Solana blockchain. On the other hand, the team behind Solana is discreetly warping the crypto environment with new financial possibilities. Solana has piqued our interest, and we've collected a group of crypto professionals from around the world to collaborate on the Solanax Project. The Bunker of Global Decentralized Finance.
SOLDonomics
Total Supply: 80 000 000 SOLD Tokens
Private Sale: Total available supply - 10,000,000 SOLDPeriod: 06/06/2021 - 25/06/2021Token price - 0.1 USD with 3months vesting period;Token price - 0.15 USD w/o vesting period;
Initial Exchange Offering: Total available supply - 10,000,000 SOLDRound 1: 28/06/2021 - 05/07/2021 | 0.20 USD | Available supply: 5,000,000 SOLDRound 2: 08/07/2021 - 13/07/2021 | 0.25 USD | Available supply: 3,000,000 SOLDRound 3: 16/07/2021 - 19/07/2021 | 0.30 USD | Available supply: 2,000,000 SOLD
Source:-https://cryptonews.com/news/solanax-fastest-decentralized-exchange-built-on-solana-block-10615.htm
http://dlvr.it/S1Vp7G
http://dlvr.it/S1Vp7G
Bitcoin Keys Cannot be Hacked: Skeptics Question the Official Colonial Pipeline Bitcoin Seizure Story
On June 7, the United States Justice Department and the Federal Bureau of Investigation (FBI) announced the “recovery” of 63.70 bitcoin from the funds Colonial Pipeline sent to the hackers. The official story has a number of inconsistencies and federal investigators did not disclose how the FBI was able to confiscate the Darkside gang’s private key.
Darkside Ransomware Gang Story Loaded With Discrepancies and a Vague Bitcoin Key Capture
The cryptocurrency space has been discussing the recent law enforcement capture of 63.7 BTC or $2.3 million worth of bitcoin at the time of seizure. There have been issues with the way the story has unfolded and people are skeptical of the official story. Bitcoin.com News reported on Monday, how the Justice Department and Deputy Attorney General Lisa Monaco revealed the seizure story. Monaco detailed that federal authorities had “turned the tables on Darkside.”
But from the very moment this story broke by a number of mainstream media outlets, there were a few discrepancies. The first was whether or not the U.S. government advised Colonial Pipeline to oblige the ransomware demands or specifically told the company to pay. If the government did tell the business to pay Darkside then it would contradict the government’s stance toward not paying ransomware hackers.
Another issue with the original story is when CNN originally reported on the hack, the news outlet claimed the oil company wasn’t intending to pay the ransom. According to Bloomberg, shortly after, Colonial Pipeline did pay nearly $5 million to the ransomware gang Darkside.
Besides the two contradicting elements in both CNN and Bloomberg’s stories, the articles also noted differences with the digital currency used. CNN originally reported that the payment was demanded to be paid in “bitcoin,” while Bloomberg wrote Darkside asked for “difficult-to-trace” cryptocurrencies. CNN’s article was updated after Bloomberg’s article published to reflect the same narrative.
Then there’s the fact that it is impossible to crack a bitcoin (BTC) key without forcing the owner to reveal the private key. This is a constant theme on Twitter, as the crypto community discusses the situation of how the FBI agent obtained the private key. The story’s affidavit filed on June 7, 2021, explains how law enforcement leveraged “blockchain explorers” to trace the coins. But other than that the affidavit is extremely vague and contains lots of redactions.
The report published yesterday on Bitcoin.com News explains that executives from Blockchain Intelligence Group (CSE: BIGG) highlight that law enforcement was dependent on “training and analysis [that] requires advanced tools and learning” Other blockchain surveillance companies also followed the ransomware coins as Elliptic recently wrote about following Darkside funds.
So far between all the comments from Monaco, the Justice Department, the FBI agent’s affidavit, and comments from a few blockchain analysis teams, there are no dots that are deeply connected to how the FBI obtained ownership of the private key now in possession.
Crypto Sleuths Discover Hackers Stored Data on the Cloud, Feds Obtain Cloud Server Password via Warrant
A report published by NPR discloses three possible scenarios. One possibility, NPR’s Vanessa Romo notes is that maybe the federal agents were tipped off by an insider in the Darkside gang. The second theory is that Darkside was “careless” or a member of the gang slipped by releasing information tied to the key.
Another theory could be that the FBI was able to shakedown a third party or possibly a cryptocurrency exchange. Some people even openly attacked bitcoin’s “key selling points” that it was supposed to be “beyond the reach of the government.”
The lawyer Jake Chervinsky who often comments on the blockchain and crypto space regularly said: “We don’t know exactly how FBI seized the Colonial Pipeline ransom [and] they’re not telling us. The warrant application suggests they got the private key. Maybe from the DarkSide server seizure? There’s no suggestion that an exchange or custodian was involved, but that’s possible.”
Independent journalist Jordan Schachtel gave his opinion about the situation on Twitter and told his 123,000 followers that the “FBI did not ‘hack back’ a bitcoin wallet, despite claims that they did. It’s mathematically impossible to hack private keys.” Schachtel continued:
Schachtel and many others also discovered the warrant that does indicate the U.S. government obtained the key by leveraging a warrant. The journalist said that it was possibly an exchange based in San Fransico or a database server based in the state of California.
The CSO at Coinbase, Philip Martin, said he saw a lot of accusations pointing at Coinbase as possibly being “involved” with the seizure. Martin and Coinbase insist that “Coinbase was not the target of the warrant and did not receive the ransom or any part of the ransom at any point. We also have no evidence that the funds went through a Coinbase account/wallet.”
The election attorney, litigator, and bitcoin practice group leader, Bryan Jacoutot, reiterated the fact that bitcoin private keys cannot be “hacked.”
“For those of you who think the US gov’t cracked SHA-256 and correctly guessed the private key of the Colonial Pipeline hackers,” Jacoutot said. “Here’s a fun fact: The size of bitcoin’s private key space is 10^77. For comparison, the amount of *atoms* in the observable universe is 10^80.”
A Twitter account called “Cthulhu” mentioned it could be a false flag and said:
“The FBI either was given the private keys or they stole them,” another individual dubbed Kingt Crypto remarked on Monday. The fact is the FBI didn’t crack a bitcoin wallet. No one can crack a secure bitcoin wallet. The FBI obtained the private keys to the Darkside funds via getting an encryption key to a cloud server by obtaining a warrant issued in San Fransico.
Currently, as the story continues to trend across the web, there are lots of skeptics questioning the ‘official’ tale told by the U.S. government.
Source:-https://news.bitcoin.com/bitcoin-keys-cannot-be-hacked-skeptics-question-the-official-colonial-pipeline-bitcoin-seizure-story/
http://dlvr.it/S1Vn5c
http://dlvr.it/S1Vn5c
Mystery Whale Returns by Moving $35 Million — Miner Transfers 1,000 'Sleeping Bitcoins' from 2010
Two months after the mystery mining whale from 2010 transferred a string of 20 block rewards with 1,000 bitcoin on March 23, it seemed as though the entity was finished, after spending 10,000 bitcoin total. However, it took 78 days for the whale’s next move, as another 20 blocks from 2010 were transferred on Wednesday after the bitcoin sat idle for more than a decade. Despite the fact that bitcoin’s value is much lower today than a month ago, the mystery whale spent 1,000 bitcoin worth $35 million on Wednesday morning (EST) from 2010 at block height 686,865.
The 2010 Mystery Whale Is Back, 1,000 Ten-Year-Old Bitcoins Move
Last year and into 2021, Bitcoin.com News has been investigating a mystery whale that spends strings of 2010 block rewards in the same pattern every time the entity transfers coins. The strings are precisely 20 decade-old block rewards that contain 50 bitcoin (BTC) each and are also spent in one block.
The last time the old-school whale from Satoshi’s era moved coins was on March 23, 2021. The mining entity has now moved another concession of 20 block rewards from 2010 on Wednesday, June 9, 2021, at block height 686,865.
Every block reward spent today was mined back in 2010 between the months of August through October of that year. Each block reward contained 50 BTC and when spent, the coins were consolidated into one address, which at one time held 999.99 BTC.
As usual, Bitcoin.com News has been tracking this particular whale entity, and the ‘sleeping bitcoins’ that woke up on Wednesday morning were caught by Btcparser.com. The consolidated address then dispersed the $35 million worth of crypto to a myriad of different addresses.
The zombie coins from 2010 spent today followed the exact same pattern as the 10,000 decade-old bitcoins spent prior. The grand total now is 11,000 coins spent since last year when Bitcoin.com News caught the whale’s first awakening.
It all started on March 12, 2020. From there October 11, 2020, November 7, 2020, November 8, 2020, December 27, 2020, January 3, 2021 (Bitcoin’s 12th anniversary), January 10, 2021, January 25, 2021, February 28, 2021, March 23, 2021, and then today’s spend.
There Hasn’t Been a Bitcoin Whale Like This One in Ages
Ever since the bitcoin bull run began, old school whales have been making mysterious moves, but this whale, in particular, has been quite the oddity. In addition to the 1,000 BTC spent on Wednesday, the whale also moved the corresponding bitcoin cash (BCH) into a consolidated address that contained 1,001 BCH.
However, just like the previous patterns, the whale did not transfer the corresponding bitcoinsv (BSV) tokens as those coins still sit idle in their original coinbase addresses. The BCH spent was over $600K at the time of transfer and the BCH was also dispersed to a myriad of different addresses.
The crypto community still has no idea who this particular whale from 2010 is but the whale certainly has mined a great number of coins in the early days. It’s also worth noting that the terms “spent” or “spend” in the world of bitcoin, simply mean the transfer from one address to another.
The terms “spent” or “spend” do not necessarily mean that the bitcoins were “sold” to a third party like a popular crypto exchange. Although, since the mysterious whale has been moving coins since ‘Black Thursday’ 2020, our onchain analysis at Bitcoin.com News indicates the 11,000 BTC may have been sent to a well-known exchange.
Source:-https://news.bitcoin.com/mystery-whale-returns-by-moving-35-million-miner-transfers-1000-sleeping-bitcoins-from-2010/
http://dlvr.it/S1VlxQ
http://dlvr.it/S1VlxQ
Thursday, June 10, 2021
Centuary Mattress Launched First Roll Pack Pocket Spring Mattress in India
Centuary Mattresses has now ventured into ‘Online Exclusive category’ of mattresses with the launch of ‘Sleepables Mattress’ - India’s first ‘Pocketed Spring Mattress in Box’.
Centuary is a 30-year-old Mattress Company and it have a wide range of mattresses that include Spring, Foam, Coir, Memory Foam, and Orthopaedic Mattresses. Under their brand umbrella they also have Sleepables (First roll pack pocket spring mattress and Beddy (Baby mattresses)
Sleepables by Centuary is the first and only online exclusive range in India of Rollpack Pocketed Spring Mattresses which comes as a bed in a box. ‘Sleepables By Centuary Pocketed Spring Mattress’ is a first of its kind technologically superior mattress designed with independent pocketed springs, which ensures zero motion transfer even if someone is tossing and turning on the other side of the bed.
Sleepables pocket spring mattress uses an advanced spring technology with active edge support and plush PU (Polyurethane Foams) Foam comfort layer and quilt. The ‘Sleepables’ range of mattress is available in all standard sizes of single, double, king, and queen size beds with an option of customized size also. The Sleepable range is available in 6 inches and 8 inches thickness.
Speaking about the launch, Uttam Malani, executive director of Centuary Mattresses, said, "Sleepables by Centuary is expected to be the growth driver for Centuary’s push into online sales leadership of the mattress category, which is currently dominated by multiple unorganised players and private labels. It also strengthens our positioning in the segment of the superior product configuration since Rollpack spring mattresses need high-quality technology that has never been deployed in India earlier.”
Sleepables by Centuary is the first exclusive range in India of Rollpack pocketed spring mattresses which comes as a bed in a box. The Rollpack range is available on Amazon, Flipkart, Pepperfry and Centuary’s website as well. These mattresses are manufactured at Centuary’s own manufacturing plants in Hyderabad.
http://dlvr.it/S1Vj0G
http://dlvr.it/S1Vj0G
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