May 2020

Lithuania’s Central Bank to Fully Deploy its Blockchain Platform By Year-End

May 29, 2020 boss

The Bank of Lithuania announced that it had completed the research phase of its blockchain project called LBChain. The central bank now plans to deploy the platform by the end of 2020 and expand its use cases beyond the financial sector. Bank of Lithuania to Expand its Blockchain Capabilities Beyond Financial Sector Earlier this week, the central bank of Lithuania successfully completed its third and final stage of the LBChain project. During the three phases, the bank developed a unique sandbox that merged technological and regulatory infrastructures. Now the bank…

The Big Four Are Gearing Up to Become Crypto and Blockchain Auditors

May 29, 2020 boss

Blockchain technology, along with the adoption of cryptocurrencies, is gaining momentum. The enterprise blockchain market is expected to reach $21 billion over the next five years. Just eleven years on, and both sectors have matured greatly, resulting in well-established organizations taking the technology more seriously as they tackle challenges that come with implementing blockchain and the use of digital assets. Unsurprisingly, professional services giants are among those taking a larger role in tackling new market challenges. The Big Four firms and Fortune 500 companies are working with a number of…

Meghan Markle Won’t ‘Find Freedom’ – Because She Never Wanted It

May 29, 2020 boss

Queen Elizabeth told Meghan Markle and Prince Harry that they couldn’t use “Sussex Royal” in their branding. As of today, their website using that title is still live. This says more about the “Hollywood Royals” than you might realize. It was through gritted teeth that both Meghan Markle and Prince Harry had to back down from their scheme to exploit the “Sussex Royal” branding. The “Hollywood Royals” had grand plans to use the Sussex Royal title as the foundation of their future endeavors, even going as far as filing trademark…

BitClave Seems Unlikely to Ever Pay $29 Million Settlement

May 29, 2020 boss

A company once heralded as a “decentralized alternative” to Google recently settled with the SEC. BitClave suffered a near-immediate collapse in price The project’s token price collapsed almost immediately upon change listing and never recovered. Seemingly the dream of a “decentralized” Google never materialized. The company’s website does not have a link to a GitHub repository. CAT Token Price, Volume & Market Capitalization. Source. Coin360. The company was headquartered in San Jose, California, which may have increased its vulnerability to regulator enforcement. Considering that its market capitalization has collapsed and…

UK Court Drops Craig Wright’s Appeal Against Roger Ver

May 29, 2020 boss

Craig Wright, the self-proclaimed Satoshi Nakamoto candidate and chief scientist at NChain, has lost an appeal against Bitcoin.com founder and Bitcoin Cash (BCH) evangelist, Roger Ver. Wright originally sued Ver for calling him “a fraud and a liar” in a now-deleted YouTube video in 2019, but the lawsuit was eventually dismissed, causing Wright to file an appeal. According to May 29 court documents from the Court of Appeal of England and Wales, the appeal has now been rejected because “England and Wales is not clearly the most appropriate place to…

Over 120 Billion Idle XRP Tokens Moved: Volatility Is Near

May 29, 2020 boss

Ripple’s XRP token is going through a stagnation phase without giving any clear signs of where it is headed next. The cross-border remittances token has been contained in a narrow trading range since May 11. This area is defined by the $0.19 support and the $0.206 resistance level. XRP Consolidates Within Narrow Trading Range. (Source: TradingView) Despite the low levels of volatility, on-chain metrics suggests that a significant price movement is underway. Volatility Is Set to Strike Back Ever since the peak of April 30 when XRP went up to…

Trump Is Right About Twitter – But Not for the Reason You Think

May 29, 2020 boss

Donald Trump’s claims that conservatives would be targeted by fact-check scrutiny are true. Facebook has already explored tweaking its algorithm to limit the reach of “super-spreaders.” Because conservatives have the loudest voices on social media, they’d be disproportionately impacted. This morning, Donald Trump woke up to find that Twitter (NYSE: TWTR) was doubling down on its efforts to tame his tweetstorms. Liberals have long wondered why Mr. Trump’s tweets don’t face the same scrutiny as the rest of the community. Jack Dorsey has finally stepped up to the plate. Twitter…

NGRAVE Hard Wallet Hits 450% of Crowdfunding Goal Within Two Days

May 29, 2020 boss

The NGRAVE ZERO, claimed to be the world’s most secure hardware wallet, launched its crowdfunding campaign for €25,000 ($27,850) on May 26. In the first two days it smashed this total four times over, and is now well on its way to number five. The campaign, which was launched through the IndieGogo crowdfunding platform, is set to run for another 28 days. The campaign offers a number of perks for backers who donate above certain amounts. These range from a single ZERO wallet, through bundles including the Graphene accessory, to…

Costco Is Cooking Up a Batch of Post-Pandemic Free Food Samples

May 29, 2020 boss

Costco shoppers have a reason to be excited as the company is reviving its free food samples. Costco relies on the in-store experience to drive foot traffic. Despite eliminating free samples in March due to health concerns, Costco still managed to beat analyst expectations. For shoppers who crave Costco’s (NASDAQ:COST) hotdogs, cheap food court finds, and free samples, there’s a reason to be excited. The membership-only retailer is bringing back free samples and reopening almost all of its food courts by the middle of next month, according to CFO Richard…