Summer in virus shadow: Drones and CCTV: surveillance for safety on the sand in Spain – RTL Today

Surveillance is the watchword at the seaside this summer, with Spanish beaches using drones, cameras and coloured tape to ensure safety for tourists holidaying in the shadow of the virus.

Although the pandemic is now well under control, Spanish resorts are gearing up for a summer with a difference, with a host of precautions to keep beachgoers safe.

Over the curve of the bay in the northeastern resort of Lloret de Mar, a drone lazily flies overhead, the eye in the sky keeping a close watch to ensure there's no overcrowding.

The aim, says mayor Jaume Dulset, is to "find the balance between people being comfortable and relaxing while ensuring a safe environment."

At this resort some 70 kilometres (45 miles) up the coast from Barcelona, the town hall has drawn up plans to reassure tourists in the wake of the pandemic which in Spain has claimed more than 28,300 lives.

Always full in summer, its beaches are being partitioned off, with cameras and sensors transmitting real-time information to potential visitors via an app.

With more municipal staff to flag up any non-compliance, they are also using drones that can play recorded messages about social distancing should they spot overcrowding.

There's also a scheme for reserving areas on the sand -- which would be easier to manage than a free-for-all -- but for now, that won't be activated at this resort which is popular with British and French tourists for its family-friendly atmosphere and vibrant night-life.

For now, only a handful of beachgoers are setting out towels and adjusting sunloungers on this kilometre-long (half-mile) beach which can accommodate up to 15,000 people.

"Normally we would be full by this point but for now, there are very few people so it's easy to respect the security distance," explains 78-year-old Jose Mara Quicio.

He and his wife Olga, 81, have set up folding chairs a few metres from the shore inside a red cordon roping off space for those over 70.

"This is our area," say his wife after coming back from a dip in the sea.

"It makes you feel safer, it's good, better than before."

About 50 metres away, a lifeguard sits on his watchtower, wearing sunglasses and a fabric mask.

As well as his normal duties, he must also watch for anyone flouting the distancing norms as well as disinfect the toilets and the first aid posts.

"Our first priority is ensuring no one drowns. But from now, we're also helping out with the rest," explains lifeguard coordinator Joel da Silva.

The town hall's plan involved training 8,500 workers in how to ensure health and safety in such places as well as in restaurants, hotels and nightclubs.

"There's a lot of uncertainty but we've done our homework, we are ready for the tourists to arrive and we're waiting for them with open arms," says Dulset.

"We're hoping we can save the season."

Like Lloret, many resorts have developed strategies for avoiding a surfeit of sunbathers along Spain's 8,000 kilometres (5,000 miles) of shoreline -- a refuge for millions of tourists from Spain and beyond.

And the measures are manifold: from sensor-controlled access which can be shut off when capacity is reached, to sections parcelled-off for groups, to banning games taking up too much space or involving a lot of people.

And there's the job of disinfecting sunloungers and parasols.

"The way we go to the beach this year has changed but that doesn't mean we can't enjoy it," says a promotional video for Benidorm, a southeastern resort hugely popular with British tourists.

Its two main beaches have been divided into lots measuring four square metres (43 square foot) which beachgoers can reserve through an app.

But the system hasn't yet been used given the lack of visitors to this town that last year counted 16 million overnight stays.

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Summer in virus shadow: Drones and CCTV: surveillance for safety on the sand in Spain - RTL Today

From the Middle East to Minnesota, everything is our fault – Jewish News

Scenes from a long hot summer:

In Jerusalem, a decorated Brigadier-General, Amir Haskel, is pounced on by Israeli police and, with two colleagues, is told he has to sign an agreement to stay out of the capital for 15 days. The crime? Participating in an anti-Netanyahu demonstration outside the Prime Ministers official residence on Saturday night.

Fortunately for what remains of the tattered shreds of Israeli democracy, Jerusalem magistrates court Judge Orna Sandler-Etan rules that banning Haskel and the other two men from the capital would amount to a ban on free speech, and orders the three to be released without conditions.

In Europe, a letter signed by more than 1,000 parliamentarians, including senior Conservative figures in Britain, denounces Netanyahus controversial plans for annexation of parts of the West Bank and calls on European leaders to act decisively.

In London, Labours Sir Keir Starmer is praised by centrist Jewish groups after he fires Continuity Corbyn aka Shadow Education Secretary Rebecca Long-Bailey for her enthusiastic endorsement of an antisemitic conspiracy theory, voiced by the left-wing actress Maxine Peake. Peake asserted and then withdrew the assertion that American police, not least those involved in the death of George Floyd, had learned the knee on the neck technique from Israeli secret services. The fact that American police were quite racist enough on their own account appears to have by-passed Peake and Long-Bailey entirely.

A Guardian report of a Labour attack on annexation led by Shadow Foreign Secretary Lisa Nandy, whom assiduous readers will recall was endorsed by the Jewish Labour Movement in the race for Labour leadership is misleadingly accompanied by a demonstration picture with a huge banner saying Annexation equals Apartheid. Its only when you look closely that it is clear that this picture was actually taken of demonstrators in Tel Aviv, and that Lisa Nandy is nowhere in the picture, and, as far as I know, has not so far taken part in any demonstration against annexation.

Its also worth pointing out that the Guardian report says Nandys attack on annexation is backed by Labour leader Sir Keir Starmer. I have no idea if that is true, but there is more to come.

On Friday, in the wake of Long-Baileys departure, a group of left-wing MPs, including former leader Jeremy Corbyn remember him? complain to Starmer about Long-Baileys sacking by raging about annexation. Corbyn, now back in his comfort zone as a back-bench gadfly obsessed with Israel, takes part in a Labour Assembly event in solidarity with Palestine , and signs the now regulation ranty letter with a whole slew of the usual suspects. They include, if your capacity for surprise has not totally left you by now, Unite union general secretary Len McCluskey, he of the antisemitism mood music, and, colour me astonished Maxine Peake.

Meanwhile Corbyn, now free to say everything he could not while Labour leader, takes the opportunity to speak of the incredibly rude Israelis he encountered while on an undated visit from Jericho to Jerusalem. Once through the checkpoints, of course, there were a lot of very nice Palestinian people being very kind to us on the way.

If we have learned any lessons so far, the main one will be that everything is our fault. For myself and I loathe the idea of annexation I have an overwhelming urge to shunt Peake and Corbyn off to Jerusalem to be dealt with by the Israeli police.

Jenni Frazer is a freelance journalist.

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From the Middle East to Minnesota, everything is our fault - Jewish News

A Lost Decade: Where the trajectory of today will take us by 2030 if we fail to alter course – Milwaukee Independent

To exorcise my worst fears about the coming decade, I chose to write a bleak chronicle of it. If, by December 2030, developments have invalidated it, I hope such dreary prognoses will have played a part by spurring us to appropriate action.

Before our pandemic-induced lockdowns, politics seemed to be a game. Political parties behaved like sports teams having good or bad days, scoring points that propelled them up a league table that, at seasons end, determined who would form a government and then do next to nothing.

Then, the COVID-19 pandemic stripped away the veneer of indifference to reveal the political reality: some people do have the power to tell the rest of us what to do. Lenins description of politics as who does what to whom seemed more apt than ever.

By June 2020, as lockdowns began to ease, left-wing optimism that the pandemic would revive state power on behalf of the powerless remained, leading friends to fantasize about a renaissance of the commons and a capacious definition of public goods. Margaret Thatcher, I would remind them, left the British state larger, more powerful, and more concentrated than she had found it. An authoritarian state was necessary to support markets controlled by corporations and banks. Those in authority have never hesitated to harness massive government intervention to the preservation of oligarchic power. Why should a pandemic change that?

As a result of COVID-19, the grim reaper almost claimed both the British prime minister and the Prince of Wales, and even Hollywoods nicest star. But it was the poorer and the browner that the reaper actually did claim. They were easy pickings.

Its not hard to understand why. Disempowerment breeds poverty, which ages people faster and, ultimately, readies them for the cull. In the shadow of falling prices, wages, and interest rates, it was never likely that the spirit of solidarity, which soothed our souls during lockdowns, would translate into the use of state power to strengthen the weak and vulnerable.

On the contrary, it was megafirms and the ultra-rich that were grateful socialism was alive and well. Fearing that the masses, condemned to the savage arena of unfettered markets amid a public-health disaster, would no longer be able to afford to buy their products, they reallocated their spending to shares, yachts, and mansions. Thanks to the freshly printed money central banks pumped into them via the usual financiers, stock markets flourished as economies collapsed. Wall Street bankers assuaged their guilt, lingering since 2008, by letting middle-class customers fight over the scraps.

Plans for the green transition, which young climate activists had put on the agenda before 2020, were given only lip service as governments buckled under towering mountains of debt. Precautionary saving by the many reinforced the economic depression, yielding industrial-scale discontent on a browning planet.

The disconnect between the financial world and the real world, in which billions struggled, inevitably widened. And with it grew the discontent that gave rise to the political monsters I was warning my left-leaning friends about.

As in the 1930s, in the souls of many, the grapes of wrath were growing heavy for a new, bitter vintage. In place of the 1930s soapboxes from which demagogues promised to restore dignity to the disgruntled masses, Big Tech provided apps and social networks perfectly suited for the task.

Once communities surrendered to the fear of infection, human rights seemed an unaffordable luxury. Big Tech developed biometric bracelets to monitor our vital data around the clock. In cahoots with governments, they combined the output with geolocation data, fed it all into algorithms, and ensured that the population received helpful text messages informing them what to do or where to go to stop new outbreaks in their tracks.

But a system that monitors our coughs could also monitor our laughs. It could know how our blood pressure responds to the leaders speech, to the bosss pep talk, to the police announcement banning a demonstration. The KGB and Cambridge Analytica suddenly seemed Neolithic.

With state power re-legitimized by the pandemic, cynical agitators took advantage. Instead of strengthening voices calling for international cooperation, China and the United States bolstered nationalism. Elsewhere, too, nationalist leaders stoked xenophobia and offered demoralized citizens a simple trade: personal pride and national greatness in exchange for authoritarian powers to protect them from lethal viruses, cunning foreigners, and scheming dissidents.

Just as cathedrals were the Middle Ages architectural legacy, the 2020s left us tall walls, electrified fences, and flocks of surveillance drones. The nation-states revival made the world less open, less prosperous, and less free precisely for those who had always found it hard to travel, to make ends meet, and to speak their minds. For the oligarchs and functionaries of Big Tech, Big Pharma, and other megafirms, who got on famously with the strongmen in authority, globalization proceeded apace.

The myth of the global village gave way to an equilibrium between great-power blocs, each sporting burgeoning militaries, separate supply chains, idiosyncratic autocracies, and class divisions reinforced by new forms of nativism. The new socioeconomic cleavages threw the prevailing features of each countrys politics into sharp relief. Like people who become caricatures of themselves in a crisis, whole countries focused on their collective illusions, exaggerating and cementing pre-existing prejudices.

The great strength of the new fascists during the twenties was that, unlike their political forebears, they did not even have to enter government to gain power. Liberal and social-democratic parties began to fall over one another to embrace xenophobia-lite, then authoritarianism-lite, then totalitarianism-lite.

So, here we are, at the end of the decade. Where are we?

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A Lost Decade: Where the trajectory of today will take us by 2030 if we fail to alter course - Milwaukee Independent

Letters to the Editor, June 27 – Toronto Sun

BE PROUD CANADA

Never before have I wanted to embrace the Canadian flag more than I do today, a special pride, that puffed up feeling about ones country, on Canada Day. Sometimes the shadow cast over us, by the American eagle, causes me to ask, What is the significance of our nation? A question that will take me to the past. Canada has often been taken for granted, looking for no accolades from other nations, but has fought with allies during two World Wars, Korea, Afghanistan and other occasions. We gave our support and comfort to passengers of planes diverted on 9/11 to Newfoundland, while Canadian volunteers help nations with wildlife conservation, and so much more. Im proud to say our politicians have shown their grit fighting this COVID-19 pandemic, having listened to medical professionals regarding this virus. This is one of our nations finest hours, the world seeing the character of our people, fighting against this virus, as our flag sways gently over Parliament building steeples. Our red and white striped flag, with its red maple leaf symbolizing pride and strength, made of 100% nylon, has also flown over many international peacekeeping locations, such as Kosovo, Timor, Sudan, Sierra Leone, Croatia, Bosnia, where 125,000 Canadians over six decades have served in over 35 nations for UN and NATO peacekeeping missions. Ive definitely answered my own question, we certainly are a significant nation!

Peter J. Middlemore Sr.Windsor

(Far too often we feel diminished under the shadow of our American neighbors, but what you have written here is an excellent reminder of just how much of a giant of a country we are and we should be proud)

CORRECT SPEAK

Has it occurred to your readers that we are no longer able to think, speak or act differently from the dictated and accepted ideology of the day. This censorship is painted under the guise of improved human relations, but it foreshadows an authoritarian government where the United Nations Universal Declaration of Human Rights is not recognized. That document states that: Everyone has the right to freedom of opinion and expression; this right includes freedom to hold opinions without interference and to seek, receive and impart information and ideas through any media and regardless of frontiers.

Betty L. ReadeOakville

(Freedom of speech and the freedom to have a dissenting opinion are under fire. Say nothing so no one is offended seems to be the order of the day. This is a troubling notion)

FUREY FACTOR

Re If Canada does a prisoner exchange (Anthony Furey, June 26): I couldnt believe Anthony was endorsing a prisoner exchange with China. Give in to the bully, not Canada! Then I read on. Pull up the drawbridge, suggesting when the Michaels are back on Canadian soil, announce the banning of Huawei, then implement measures to prevent the Chinese government from purchasing Canadian firms and to withdraw our membership from the IMF. Brilliant. Anthony for PM!

Glenn SilverWoodbridge

(Its a nuanced argument, but one worth exploring)

KUDOS TO CARTER

Vince Carter has made an indelible impact on the NBA with his remarkable skill and enduring commitment. I congratulate him on a storied career, and I thank him for being a true ambassador of the game.

Paul BaconHallandale Beach, Fla.

(We share your sentiment. Carter was a star and always a great ambassador for the sport)

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Letters to the Editor, June 27 - Toronto Sun

First Mover: In the Cryptocurrency Markets, No Two Exchanges Are Alike – CoinDesk – CoinDesk

In the cryptocurrency markets, no two exchanges are alike. Even in major crypto exchanges, trading U.S. dollars for bitcoin can have fairly different order sizes and spreads, according to data compiled by aggregator CryptoCompare.

Average order sizes over the past week were quite varied, CryptoCompare found. Orders on Bitstamp averaged $3,424.11, the highest of major dollar to bitcoin (USD/BTC) pair exchanges. ItBit was second to Bitstamp at $2,874.17, with Kraken at $2787.68. Geminis average was in the middle of the pack at $1,438.31, followed by Coinbase at $1,113.15. Bitfinex was lowest, with an average order totaling $342.09. The average order of the six exchanges was $1,996.58.

Youre readingFirst Mover, CoinDesks daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you dont have to. You cansubscribe here.

Average spreads between the highest bid offer and the lowest ask offer on an exchange order book also varied significantly. Data from CryptoCompare shows a few exchanges have a much larger daily price spread than others.

This is derived from L2 order book data, without fee calculations, on top of this, said Constantine Tsav, head of research for CryptoCompare. Level 2, or L2, order book data is a term for market information that includes the scope of bid and ask prices for a given asset, in this case USD/BTC.

Luxembourg-based Bitstamp, at $5.21 and New York-domiciled Gemini, at $2.38, have the largest average spreads in intraday trading, in this case CryptoCompare used a two-hour interval. Market spread is the gap between the highest bid and the lowest offer on the order book. Thus the gap is the difference between the price traders are willing to sell an asset and others are willing to buy an asset, and vice versa.

Chris Thomas, head of institutional trading for Swissquote Bank, doesnt believe the spread discrepancy between some exchanges is bad it just depends on the type of trader on the exchange. Traders looking to fill larger bitcoin orders on spot exchanges might choose Bitstamp, based on this data, since it has bigger average orders. Traditionally, traders look for tighter spreads.

Whereas Bitstamp and Gemini have a relatively wide spread, the four other ones will use this to boast that they have the most liquidity and are the best exchanges, he said. But they may only be prepared to support these very tight prices in very small sizes for example, 0.25 or 1 bitcoin on both bid and offers.

One bitcoin on each side of the bid/ask is okay for retail, but its not ideal for institutional.

Of course, traders arent just motivated to go to an exchange based solely on average order sizes and spreads.

A very fragmented marketplace exists for crypto exchanges in 2020, said Denis Vinokourov, head of research for cryptocurrency broker Bequant. The tech stack across exchanges is not uniform, Vinokourov told CoinDesk.Some exchanges offer high frequency trading connectivity while others dont, some are more retail focused than others; with segmented geographical focus, numerous legal jurisdictions and various approaches to fiat on-ramps.

Maxime Boonen, CEO of liquidity provider B2C2, says a trader at that size really just needs to decide which exchange has the best fee structure. Frankly, all exchanges are more or less equal, the liquidity of the major cash exchanges is broadly the same for most intents and purposes.

The fees do vary; thats important, depending on how much you intend to trade, he added.

The increased use of derivatives in the crypto market is also seeing more professional traders move away from spot trading, Boonen said. Derivative exchanges are more liquid than cash exchanges, he said.

One of the reasons why order averages might seem so low is many traders on these exchanges are just buying from time to time to hold (or HODL) bitcoin, Boonen told CoinDesk. You cant get physical bitcoin from derivatives exchanges, its not appropriate for HODLing.

Tweet of the day

Bitcoin watch

BTC: Price: $9,199 (BPI) | 24-Hr High: $9,333 | 24-Hr Low: $9,087

Trend:Bitcoin is flashing red at press time and may be heading for bigger losses in the short term.

At press time, the cryptocurrency is trading around $9,200, representing a 0.5% decline on the day, according to CoinDesksBitcoin Price Index.

On the daily chart, the cryptocurrency looks to have found acceptance under the 50-candle moving average (MA), a bearish development. Meanwhile, on the three-day chart, the five- and 10-candle moving averages have produced a bearish crossover, while the relative strength index has dived out of a 60-day-long descending channel, signaling a bullish-to-bearish trend change.

Some indicators, like the daily charts golden crossover and a bull cross of the 50- and 100-candle MAs on the three-day chart, do indicate the path of least resistance is to the higher side. These indicators, however, are based on backward-looking averages and often trap traders on the wrong side of the market.

Besides, technical traders have refused to step in over the past four weeks despite confirmation of the golden crossover. Such reticenceis reflective of a weakening of bullish sentiment.

All in all, the odds appear stacked in favor of a decline to support levels located at $8,630 (May 25 low) and possibly $8,300 (200-candle MA). On the higher side, $10,000 remains the level to beat for the bulls.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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First Mover: In the Cryptocurrency Markets, No Two Exchanges Are Alike - CoinDesk - CoinDesk

Acting Comptroller Of The Cryptocurrency Brian Brooks To Unveil New Payments Charter – Forbes

June 26, 2020 10:30pm ET This article is updated with the correct spelling of Amy Luo, a leading crypto and blockchain attorney at Coinbase, who shared her opinions on the new Charter in her personal capacity.

Yesterday, the new Acting Comptroller of the Office of the Comptroller of the Currency (OCC) revealed to the American Bankers Association (ABA) about his plans to unveil a new national Payments Charter 1.0 in the fall of 2020. The OCC is the supervisory agency for federal bank charters, including institutions such as Wells FargoWFC and JPMorgan Chase JPMJPM.

In the podcast yesterday, Acting Comptroller Brian Brooks sat down with Evan Sparks, the Editor-In-Chief of the American Banking Journal, and started off his interview by sharing, Its not clear that customers always want their financial services in a bundled form. Brooks continued, One of the reasons for a rise in FinTech is an unbundling that is happening. Brooks is quickly proving himself to be a maverick in his new role. Sparks jokingly described Brooks at the beginning of the interview as the Acting Comptroller of the Cryptocurrency based on his background from working at Coinbase and his focus on crypto at the OCC. Coinbase is the largest cryptocurrency exchange in the U.S. with over 30 million users, as well as the former employer of Brooks, who worked there as Chief Legal Counsel.

Contact less payment

In describing what customers want and the evolution of what banking is today, Brooks went on to note that the OCC for decades has said that a bank is an institution that engages in any of the following three activities: lending, deposits, and payments. For those companies looking for a national licensing platform for their payments business, Brooks announced that in the Fall of 2020, the first version of a potential Payments Charter would be unveiled by the OCC. Such a Charter would grant the institution a federal pre-emption, or a federal money transmitter license, eliminating the need to go to all 50 states and obtain a license to operate in each state.

Brooks notes that cheap deposits used by banks are less relevant for the more tech-enabled FinTechs, where these cheap sources of lending are less relevant. I dont buy the argument that granting a special purpose charter is somehow an existential threat to the banks, says Brooks. Furthermore, Brooks notes that given how many of those in financial services are global businesses, it is harder for the U.S. to argue why these companies need licenses at the state, not federal, level.

So for Version 1.0 of the Payments Charter, Brooks laid out a national version of a state money transmission license that provides the advantage of a national platform with pre-emption from the states. In Version 2.0, approximately 18 months after roll-out, Brooks estimates that these institutions would then be able to have access to the Federal Reserve.

Last year, an article in Forbes predicted that 2020 would be the year when a showdown in court between the OCC and the states might occur on the OCCs authority. Last October, the Southern District of New York ruled in favor of the New York Department of Financial Services (NYDFS) against the OCC last year.

Brooks argued yesterday on the podcast that, when the OCC has granted an entity a bank charter, this makes the institution eligible for FDIC insurance. He further went on to note that this did not mean the institution had to hold accounts protected by FDIC insurance, but simply by being eligible to do so under an OCC charter was the authority needed to provide a federal Payments license.

Ultimately, Brooks made clear he believes the bank charter has to evolve to fulfill the national mandate of his agency. He also touched on the Community Reinvestment Act (CRA), a law under which traditional banks must show efforts to meet the needs of low and moderate income neighborhoods. Brooks described the idea of applying something similar to these Payments Charters.

After Brooks described the evolving need of customers and that the bank charter has to evolve to fulfill its national mandate, Sparks asked whether the preferences of the bank should also be considered as well as that of the customer. Sparks also asked about how differing opinions at other Federal agencies may create roadblocks as well. Brooks stated he felt that after Payment Charter 1.0 operates for an 18-month period, that the Fed and others would see how to regulate these institutions and become more comfortable with the idea of granting Fed access. Brooks did note the Fed sees some amount of risk with this. They will want to observe for a while. Brooks conceded it will, ...depend on how persuasive I can be.

I spoke with Amy Lu0,Senior Counsel, Global Business Development and Stablecoins at Coinbase, who in her personal capacity commented, A federal Payments Charter has the potential to democratize the playing field, promote innovation, and make financial services accessible to those that need it most in a way that still ensures there is strict regulatory oversight and protection for consumers.

Luo opined that a national Payments Charter has the potential to allow for more U.S. businesses to compete and ultimately bring better products and services to market. Anyone that has had to deal with state-by-state money transmitter licensing will know how difficult it is to navigate the patchwork of requirements, especially with regards to new technologies such as virtual currencies. Often, only the largest players have access to the resources required to undergo this intensive analytical exercise, and even then, there is no certainty that they have gotten it right, said Luo.

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Acting Comptroller Of The Cryptocurrency Brian Brooks To Unveil New Payments Charter - Forbes

University Faculty Members from China and Singapore Make Disclosure Recommendations for Cryptocurrency Token Issuers – Crowdfund Insider

The cryptocurrency market reached all-time highs of more than $800 billion during the initial coin offering (ICO) craze of 2017-2018.

There were many huge scams carried out during this time, which involved seemingly promising, but too good to be true companies like BitConnect.

While not all projects were outright scams, there were many blockchain-focused initiatives that werent really necessary but were still launched because people just wanted to capitalize on the ICO mania.

For instance, a Bangladeshi company called NOBAR wanted to disrupt the $4 trillion global e-commerce sector with its unique utility token and blockchain-powered payments system. However, the Estonia-headquartered firm never really took off and the project had to be abandoned, presumably due to lack of demand or poorly planned business strategy.

More recently, the Marconi protocol developers, who introduced their distributed ledger technology (DLT) solution last year, said they were also forced to shut down operations due to the bear market.

Another project called Swachhcoin, which had the ambitious goal of providing a decentralized waste management system, has now also disappeared. A Dubai-based initiative, called OneGram, which had been offering a gold-backed blockchain token has also become inactive. The list of scams and poorly-planned crypto projects is endless.

There are also projects that have been able to maintain operations, like EOS, after securing billions of dollars in investments, but only after paying huge fines due to not following regulatory guidelines when issuing tokens. Many others like Telegram have been ordered to shut down completely and pay back investors, because of non-compliance.

Nicholas Krapels and Daniel Liebau recently made several disclosure recommendations for cryptocurrency and speculative utility token issuers.

(Note: Nicholas Krapels is Adjunct Professor in Strategy and Entrepreneurship at SKEMA Business School, China.

Daniel Liebau is Founding Director at Lightbulb Capital and Affiliate Faculty Member at Singapore Management University.)

The researchers noted:

We were astounded to find that 83% of participants stated that they do not believe utility token issuers disclose enough information to their stakeholders.

They recommended:

If cryptocurrency and utility token issuers want to list their tokens on public markets, they should provide basic levels of transparency. Such disclosures increase stakeholder confidence, enable more sound decision-making and, most importantly, attracts new market participants.

Potential investors should have adequate token issuer information. This helps buyers figure out the underlying motivations. Issuer incorporation details must also be shared with would-be investors, the researchers suggested.

Furthermore, they recommend that issuers need to disclose the total amount receiving from the coin offerings in US dollars. Companies must also reveal the amount theyve retained in cryptocurrency versus the amount exchanged for fiat money.

Additionally, the researchers say that firms issuing crypto tokens should disclose the amounts held in both digital assets and fiat regularly.

They go on to make more suggestions:

Utility token and cryptocurrency issuers sometimes retain significant stakes in their token. This token treasury is allocated towards community development, software development, user incentivization and team compensation. The wallet addresses associated with the treasury should be disclosed.

Potential stakeholders will then be able to look into the different blockchain transfers (associated with these projects) in real-time through transparent blockchain explorers. The researchers argue that with this level of disclosure, the issuer decreases the risk of fraudulent activity.

Blockchain token issuers must also provide accurate and updated contact information, the progress their initiative has made on a regular basis, and also provide a publicly-accessible open-source code repository thats part of their project (this is already a widely-adopted practice in the crypto space).

The researchers clarified:

The wholesale importation of traditional public market practices is neither advised nor warranted. Instead, we observe the utility token and cryptocurrency markets with fresh eyes and a view to support issuers, their intermediaries and buyers alike.

They added:

[We found that] the industry [is now adopting] these practices [which] may also have a positive effect on token prices. It is in the best interest of cryptocurrency and utility token issuers to incorporate these practices, but exchanges and information service providers have a responsibility in creating more transparency, too.

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University Faculty Members from China and Singapore Make Disclosure Recommendations for Cryptocurrency Token Issuers - Crowdfund Insider

COVID-19 Impact on Cryptocurrency Market Repository of Analysis, Information for Every Facet of the Industry – Cole of Duty

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Moving forward, the researched report gives details about the strategies applied by companies as well as new entrants to expand its presence in the market.On the basis on the end users/applications,this report focuses on the status and outlook for major applications/end users, sales volume, COVID-19 Impact on Cryptocurrency market share and growth rate of COVID-19 Impact on Cryptocurrency foreach application, including-

On the basis of product,this report displays the sales volume, revenue (Million USD), product price, COVID-19 Impact on Cryptocurrency market share and growth rate ofeach type, primarily split into-

The market study report also fragments the market on basis regions and sub regions. Furthermore, discusses the contribution of major regions that are likely to influence the market in the coming years.

Key Questions Answered in the Report:-

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COVID-19 Impact on Cryptocurrency Market Repository of Analysis, Information for Every Facet of the Industry - Cole of Duty

NetCents Technology to Add the United States to its NetCents Cryptocurrency Credit Card Program – Yahoo Finance

Vancouver, British Columbia--(Newsfile Corp. - June 26, 2020) - NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTCQB: NTTCF) ("NetCents" or the "Company"), a cryptocurrency payments technologies company, is pleased to announce that it will be adding the United States to its NetCents Cryptocurrency Credit Card Program.

Given the interest in and technical development work that has been completed for its Canadian Cryptocurrency Credit Card program and prelaunch interest from US-based cryptocurrency holders to receive a NetCents Cryptocurrency Credit Card, the Company has made the decision to concurrently launch the program in Canada and the United States.

By including the United States to the card program prior to launch, the Company is able to streamline the technical development, management, and rollout of the program while increasing the potential card program userbase tenfold. During the technical integration phase of the program, NetCents has developed a key innovation that is unique to the NetCents Cryptocurrency Credit Card program. NetCents card holders will be able to select up to three cryptocurrencies to spend with their credit card and the Company has developed the process and technology to allow card holders to spend multiple cryptocurrencies in a single transaction automatically.

Unlike other prepaid cryptocurrency cards in the market, NetCents cardholders will not have to pre-load cryptocurrency onto their card, eliminating potential "lost" appreciation caused by rising cryptocurrency values between the time the user loads it and the time they spend it. The NetCents Cryptocurrency Credit Card is tied directly into users' NetCents wallets, allowing cardholders to spend the cryptocurrency in their wallet. The NetCents Cryptocurrency Credit Card will be integrated into the NetCents mobile application and have chip, pin, magstripe, and NFC functionality.

"This is a massive leap forward for us, what we are building represents the most seamless bridge between the $200+ billion Cryptocurrency asset class, and all of the merchants that accept credit cards," stated Clayton Moore, Founder and CEO of NetCents Technology. "We look forward to finishing our development work and rolling out our breakthrough payment products soon."

About NetCents

NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC.

For more information, please visit the corporate website at http://www.net-cents.com or contact Investor Relations: investor@net-cents.com.

To keep up on the latest - make sure to join the telegram channel http://t.me/NetCents

On Behalf of the Board of Directors

NetCents Technology Inc.

"Clayton Moore"

Clayton Moore, CEO, Founder and Director

NetCents Technology Inc.

1000 - 1021 West Hastings Street

Vancouver, BC, V6E 0C3

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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NetCents Technology to Add the United States to its NetCents Cryptocurrency Credit Card Program - Yahoo Finance

Cryptocurrency EOS dipped by 10% – The Times Hub

Cryptocurrency EOS at 23:00 (20:00 GMT) submaterials at a price of $2,2525 according to the index Investing.com down by 10.03% in the day. This was the most significant fall in the value of cryptocurrencies since may 10.

The fall provoked a reduction of the market capitalization of EOS to $2,1398 B, or 0.84% of the total capitalization of all cryptocurrencies. While earlier peaks capitalization of EOS was $17,5290 B.

In the past 24 hours the EOS was trading in the range of $2,2084 to $2,4858.

In the last 7 days cryptocurrency EOS felt the fall of the within lost of 8.42%. The EOS amount of currency traded in the last 24 hours before the date of publication of this material was $1,1707 B or 2.15% of the total volume of all cryptocurrencies. The course was varied in the range from $2,2084 to $2,6003 in the last 7 days.

At the moment EOS is still below 90,20% from their peak values, amounting to $at 22.98, which was reached April 29, 2018..

Bitcoin was last trading at $8.947,6, according to the index Investing.com after falling to 2.42% during the day.

The Ethereum traded $218,32 , according to the index Investing.com a drop of 5.38%.

The market capitalization of Bitcoin $165,9687 B or of 64.95% of the total capitalization of cryptocurrency, whereas market capitalization of the Ethereum $24,6583 or B of 9.65% of the total capitalization of the stock market.

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Cryptocurrency EOS dipped by 10% - The Times Hub