“Blockchain startup Pundi X has begun rolling out its cryptocurrency point-of-sales (POS) devices in Indonesia… A POS terminal is an electronic device used to process card or electronic payments at sales outlets. The idea behind the startup’s devices is to make digital currencies a medium of daily exchange, letting people use virtual currencies to buy necessities like food products in retail stores, cafes and shopping malls where merchants have installed the POS devices” (Cointelegraph).
“It got me thinking about how financial self-interest, which has always skewed people’s perceptions of the media they consume, is being taken to a new level when crypto tokens are involved” (Coindesk).
As part of a broader crackdown on investment schemes involving cryptocurrencies known as Operation Cryptosweep, the Vermont Department of Financial Regulation sent the cease-and-desist to California-based LevelNet. Officials accused the firm of “violations related to the Vermont Uniform Securities Act” and ordered it to stop selling tokens (Coindesk).
Details, and examples, of how computers are more powerful than me may think (Digital Trends).
Semiconductor manufacturers are in an “ASIC arms race” to produce more powerful and energy efficient mining rigs, with estimated additional sales from the crypto demand being as high as $875 million (Chief Executive Net).
Argentinian non-profit organizations Bitcoin Argentina and Bitcoin Americana have just launched a cryptocurrency awareness campaign “Bitcoineta,” an abbreviation from “Bitcoin” and “camioneta” (the Spanish word for minivan). The van will travel Latin American towns to spread cryptocurrency information in local communities (Cointelegraph).
Retailers at BTC City (a giant shopping mall in Slovenia) is utilizing Eligma, the “AI-driven and blockchain-based cognitive commerce platform” (Cryptoslate).