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Payment Giant Visa Sets to Modify PoS Charges to New Business Categories

Payment Giant Visa Sets to Modify PoS Charges to New Business Categories

United States-based merchants are set to see an adjustment in fees to be paid as part of huge updates of payment giant Visa point-of-sale (PoS) system.

Chinese E-Commerce Giant JD.com Launches Enterprise-Level Blockchain-Based Smart Contracts

Chinese E-Commerce Giant JD.com Launches Enterprise-Level Blockchain-Based Smart Contracts

Chinese e-commerce giant JD.com, also known as Jingdong, has successfully launched two enterprise-level applications, including blockchain-based smart contracts, and the protection of commercially confidential information. These two applications were launched on JD’s independently-developed proprietary blockchain, JD Chain. The JD Chain blockchain framework was made open sourced around a year ago, five months after the company launched the JD Blockchain Open Platform enabling companies to use JD’s platform using pre-built APIs. The blockchain protocol has been opened up to allow enterprises to built custom solutions.

DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?

DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?

US government officials want to bypass encryption on websites, under allegations that child sexual exploitation runs unmonitored on strongly encrypted platforms.

Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate

Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate

Reebonz, the biggest luxury e-commerce company in Asia Pacific and Southeast Asia, has incorporated blockchain technology into its ecosystem to determine the provenance of its products.

Twitter and Facebook Grilled in Senate Hearing Over Social Media Censorship of US Presidential Election

Twitter and Facebook Grilled in Senate Hearing Over Social Media Censorship of US Presidential Election

Facebook and Twitter are facing heat from US Congress for how they handled political misinformation circulating on the social media platforms.

Ethereum Killers: Emerging Smart Contract Platforms to Rival ETH Dominance

Ethereum Killers: Emerging Smart Contract Platforms to Rival ETH Dominance

While Ethereum dominance in decentralized finance (DeFi) cannot be denied, rival smart contract platforms the Ethereum Killers note significant value growth as well.

Japanese E-book Publisher Turns to Blockchain for Distributiion in the Pandemic Era

Japanese E-book Publisher Turns to Blockchain for Distributiion in the Pandemic Era

A Japanese book distributor is mulling an investment in a blockchain-based platform to distribute e-books, as partial lockdowns due to the ongoing COVID-19 pandemic continue in Japan.

Reddit Now Worth $6 Billion after $250 Million Funding Round Amid WSB Mania

Reddit Now Worth $6 Billion after $250 Million Funding Round Amid WSB Mania

Reddit doubles its valuation to $6 Billion after raising another $250 million in a Series E fundraising round just weeks after its subreddit r/WallStreetBets took on Wall Street.

Russian Blockchain E-Voter Identities Can be Exposed Through Vulnerability

Russian Blockchain E-Voter Identities Can be Exposed Through Vulnerability

On the final day of Russia’s vote on the proposed constitutional amendments—a vulnerability in the blockchain-based system that allows user’s votes to be decrypted has been exposed by Russian media.

New Zealand Police Froze $140 Million in Assets and Crypto From Alleged BTC-e Exchange Money-Launderer Alexander Vinnik

New Zealand Police Froze $140 Million in Assets and Crypto From Alleged BTC-e Exchange Money-Launderer Alexander Vinnik

New Zealand police said they have frozen $140 million linked to Russian crypto fraud suspect, Alexander Vinnik, alleged to have been the operator of the now-defunct BTC-e crypto exchange.

Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders

Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders

Wall Street giant Morgan Stanley is creating more access for everyday investors with the announcement of an imminent $13 billion acquisition of online trading firm E*Trade Financial Group.

Shopify Becomes Member of the Libra Association

Shopify Becomes Member of the Libra Association

Canadian-based e-commerce giant Shopify has announced it will become the latest member of the Libra Association's governing council.

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