An administrator of the Philippines’ crypto regulator reportedly receives an illegitimate income of $98,000 each week from gambling and cryptocurrency companies. Raul Lambino, the administrator of the Cagayan Economic Zone Authority (CEZA) — the special economic zone that licenses cryptocurrency exchanges operating in the Philippines — has come under fire for allegations of corruption. On […]
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15,558 physical businesses worldwide accept Bitcoin for payment, up 18% from a year earlier. But in-person transactions are still uncommon. There’s no easy way to buy, send or spend cryptocurrency in person — not even for a slice of pizza or a cup of coffee, or so it’s been said. Meanwhile, the number of physical […]
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The age-old strategy of arbitrage capitalizes on price imbalances between markets — but how does it work in the cryptocurrency world? So, is crypto arbitrage worth the effort? The jury is out on this one. People who have plenty of experience in the marketplace — and know how to identify an opportunity when they see […]
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Why do countries forego large cash transactions and what role will cryptocurrencies play in this transformation. The Liberal Party of Australia recently proposed a draft bill clarifying that purchases of over 10,000 Australian dollars (around $6,750) in cash would not be legal. According to the government, this step will dissuade tax evasion and encourage a […]
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The groceries sector benefits the most from distributed ledger technologies, new study finds. The grocery sector is responsible for nearly half of all Distributed Ledger Technology-based (DLT) supply chain projects. UCL: grocery most active in DLT tracking Research conducted by the University College London centre for blockchain and retail blockchain consortium and published on Aug. […]
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Leading U.S. cryptocurrency exchange Coinbase has expanded its card service to six European countries. United States-based cryptocurrency exchange and wallet service Coinbase has launched its Visa debit card in six European countries, CNBC reports on June 11. As of today, cardholders in Spain, Germany, France, Italy, Ireland and the Netherlands will be able to use […]
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From fixing ads and loyalty programs to ensuring ethical sourcing of products, here’s how blockchain can make retail more efficient. Cryptocurrencies have gone a long way since the day when, nine years ago, Laszlo Hanyecz had paid 10,000 bitcoins for two large Papa John’s pizzas, marking the first purchase of tangible goods for digital money. Although […]
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sponsored A social commerce tech platform used by famous companies has launched a wallet that enables consumers to buy products from 30,000 outlets. A social commerce technology platform has launched a new wallet that enables consumers to buy real-life products from more than 30,000 points of sale globally. Jet8 says its new wallet is a […]
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To assemble baskets of products for delivery orders, Albertsons is teaming up with Takeoff Technologies for a trial partnership. Through the arrangement, the process will be handled by technology in lieu of staff, CNBC reported. With the pilot, Albertsons plans to stock products that shoppers like for online orders in selected areas. Technology enabled by […]
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When it comes to two-day shipping, Amazon is king: The eCommerce retailer’s Prime service offers free two-day shipping on eligible orders to its more than 100 million members. And the company says it is ready to take on the holidays, with more than 100 million Prime items eligible for free two-day shipping – and a […]
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