e-commerce

Flash Loan Attack: Origin Protocol Unveils Compensation Plan that Excludes Founders

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the aftermath of Covid-19 responses. Bitcoin prices have been hovering at values not seen since 2017, and the top crypto asset in terms … read more. …

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Crypto and blockchain won’t catch on until they’re actually useful

A perennial question surrounding blockchain technology is: When will it make a mainstream impact? Understandably, enthusiasts in the industry are anxious to see this technology live up to its promise of empowering consumers, accelerating cross-border payments and bridging the financial inclusion gap for the under- and unbanked. The reality is that today, its scope is …

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Uquid Launch the Defi Shopping Stake (DSS) and Defito Finance (DTO)

The trouble with many current DeFi projects is that while they eliminate traditional institutions from the mix, they instead transfer ultimate control over to a select group of insiders who have their financial motives and agendas. It’s an arrangement that’s ripe for abuse, and something that should be anathema to anyone who believes in the …

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Six people face charges for allegedly bribing Amazon staff to help sellers

Agron Beqiri/NurPhoto via Getty Images The US is cracking down on an elaborate scheme to boost some third-party Amazon sellers at the expense of others. A Grand Jury in Washington has indicted six people (via The Verge) for allegedly bribing Amazon staff and contractors to gain an edge in the internet giant’s Marketplace. To start, …

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Checking In With Terra, the Korean Stablecoin Firm Bringing Online Shoppers to Crypto

You’re going to have to wait a little longer for the liquidity mining–powered savings account from Korean stablecoin maker Terra.  The savings account’s returns will be based on various proof-of-stake currencies, plus additional yield over the first five years in the form of its growth token. The system is called Anchor and was originally expected …

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Amazon, Google and Wish pull racist products after investigation

Beata Zawrzel/NurPhoto via Getty Images Major internet retailers still have an issue with racist products in their stores. Amazon, Google and Wish have removed white supremacist products on sale through their platforms after a BBC Click investigation revealed numerous examples. The online portals not only sold flags, hoods and other neo-Nazi and KKK material, but …

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Amazon sellers use ‘collectible’ label to dodge price gouging rules

Sponsored Links jahcottontail143 via Getty Images Amazon’s measures to prevent price gouging have a relatively simple workaround. The Verge has learned that some third-party sellers are marking products as “collectible” to evade Amazon’s automated price controls. The internet retailer reportedly has price ceilings that normally kick in when a product is listed as “new,” but …

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Amazon Patented a Blockchain System for Supply Chain Tracking

World’s top ecommerce firm, Amazon, filed a patent for a blockchain system that tracks goods as they move on the supply chain. Amazon’s patent — dated May 26 — describes a “distributed ledger certification” system. The document explains that the tracking solution would ensure that consumer goods that are sold on its ecommerce site are …

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Amazon accused of fighting efforts to track COVID-19 in Wisconsin facilities

Sponsored Links ANGELA WEISS/AFP via Getty Images Amazon may be improving safety measures in warehouses to protect against COVID-19, but it’s also accused of being less than forthcoming with vital data. The health officer for Kenosha County in Wisconsin, Jen Freiheit, told the Milwaukee Journal Sentinel (via Gizmodo) that Amazon was uncooperative with public staff …

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Amazon will start reopening French warehouses on May 19th

Sponsored Links PHILIPPE LOPEZ/AFP via Getty Images Amazon’s French warehouses are close to reopening roughly a month after they closed. The internet retailer said it planned a gradual reopening starting on May 19th as it came close to reaching a deal with French unions and work councils on safety measures to protect against COVID-19. It’s …

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