News
Redditor Andre highlighted the ease with which hackers can use the text prediction feature to drain a user’s funds just by being able to type the first word out of the BIP 39 list.
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Samsung News
Samsung is a transnational conglomerate founded in 1938 and headquartered in Seoul, South Korea. Samsung is active in various industries. The largest part of Samsung is Samsung Electronics — one of the world’s biggest companies in terms of revenue — which specializes on IT, consumer electronics and chipmaking. Samsung is also present in the construction business, life insurance and marketing. Samsung SDS — the company’s IT provider — is actively working on improving business processes of Samsung with blockchain implementation. The most promising of them is blockchain for supply chain management. Samsung news is that it’s cashing in on cryptocurrency usage and mining. The relationship between Samsung and Bitcoin is mostly built on proof-of-work mining. As Samsung is one of the largest computer chip makers — which are used in PoW mining — the growing demand for them is a way for gathering huge profits.
- News
Animoca is entering the Japanese market with a new subsidiary aimed at Japanese IP, while Rarible NFT offerings will be available as part of a new VR experience.
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Despite complaints of technical difficulties, attendees said that they were pleased with the South Korean electronics company’s willingness to embrace burgeoning technology and focus on sustainability.
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The Samsung metaverse store is a replica of a real-world shop situated at 837 Washington Street in New York City’s Meatpacking District.
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Samsung will feature its developments in metaverse technology, with several other companies showcasing blockchain, NFT and crypto integrations with the metaverse.
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The Galaxy phone maker will lead a tree-planting initiative in Madagascar and track it using distributed ledger technology.
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Upcoming Samsung smart TVs will have a built-in platform where users can browse, buy and sell NFTs.
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According to data from WhaleStats, the 1,000 largest ETH wallets hold $2.35 billion worth of SHIB combined, representing around 9% of the total market cap.
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“Ideas have value,” said Cliff Szu, co-founder of Multiverse Labs. “[O]ur overriding goal is to help people with great ideas to discover the true value of their innovations and inventions.”
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Samsung SDS has launched a new cloud-based blockchain service called Paperless to address forgery and falsification problems in documents.
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NBA Top Shot, the officially licensed crypto collectibles from the team behind CryptoKitties, has opened its beta version to the public.
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Gemini now supports the fiat currencies of Hong Kong, Australia and Canada.
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Blockchain smartphones and crypto-storing watches: Which innovative devices have actually gone from concept to reality?
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Samsung and Gemini’s joint efforts may help to overcome some of the roadblocks facing the global adoption of cryptocurrencies.
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The Stellar foundation will add its blockchain ecosystem into Samsung’s Blockchain Keystore.
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