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Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and Putin

Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and PutinAs inflation continues to wreak havoc on the lives of ordinary American citizens, all eyes are focused on the U.S. Federal Reserve’s plans to fix the situation. Meanwhile, as the St. Louis Fed president James Bullard wants to aggressively hike the benchmark bank interest rate, Atlanta Fed president Raphael Bostic thinks the central bank needs […]

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Could the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102

Could the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” While the global economy seems to be heading toward disaster and the U.S. dollar’s strength is being examined, many have […]

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North Korean Regime Utilizing Hacking Groups To Perform Crypto Heists: Report

A prominent cybersecurity firm says that the North Korean government is raising money by using hacking groups to perform crypto heists. According to a new article by internet security company Mandiant, the hermit nation has shifted its focus from stealing coronavirus vaccine research to pilfering digital assets. Mandiant says that the nation is now going […]

The post North Korean Regime Utilizing Hacking Groups To Perform Crypto Heists: Report appeared first on The Daily Hodl.

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ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program

ASIC Mining Rig Manufacturer Canaan Reveals 0 Million Stock Buyback ProgramThe application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission (SEC) filing that the move was due to issues with “recent international frictions” and “domestic quarantine measures for Covid-19 control.” […]

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Many ETHDenver attendees report positive COVID-19 tests and few masks

The conference did not enforce a vaccine mandate or social distancing and said that only “some public locations” required participants to wear masks.

The transmissibility of the Omicron variant of COVID-19 seems to have affected many attendees at the ETHDenver developer conference, who reported symptoms and positive test results following the event.

Many social media posts from ETHDenver attendees after the conclusion of the Feb. 11–20 conference claim they tested positive for the virus. A local news outlet reported that more than 12,000 people from 100 countries attended the event, which resulted in many infections among both the vaccinated and unvaccinated.

According to ETHDenver’s COVID policies, attendees and staff were required to “take a rapid [antigen] test, on-site, prior to picking up their badge” and requested not to visit any of the event’s in-person venues if showing symptoms. However, the conference did not enforce a vaccine mandate, said that only “some public locations” required participants to wear masks, and did not mention social distancing.

Despite these measures, many attendees posted photos of positive COVID-19 tests or otherwise reported experiencing symptoms. The line for testing had ETHDenver guests waiting outside in the winter weather and photos from the event seem to suggest people wearing masks were in the minority. The event is also currently wrapping up a three-day skiing retreat to Breckenridge.

“None of this is surprising,” said Time staff writer Andrew Chow, who tested positive for COVID-19 after leaving the crypto conference. “Thousands of people from around the world descended upon a few indoor spaces [...] and proceeded to talk loudly in each other’s faces for hours on end. People wearing masks were few and far between, and social distancing was nonexistent.”

Many U.S. states have dropped mask mandates in recent weeks as the number of daily COVID cases fell from more than 1 million in January to a seven-day average of roughly 80,000 at the time of publication, according to data provided by the New York Times. The number of cases in Denver County seemed to have followed this nationwide trend, with a weekly average of 177 as of Feb. 23.

Chow added:

“Attendees joked that ETHDenver 2020 had been one of COVID-19’s initial superspreader events. The 2022 edition was a reminder that the pandemic is still fully in swing, no matter how much people want to put it behind them.”

The CDC recommends both vaccinated and unvaccinated individuals wear a mask in “areas of substantial or high community transmission.” In addition, it suggests that “everyone ages five years and older” should receive a COVID-19 vaccine.

Related: Web Summit returns in-person event to delve into crypto, DeFi and NFTs

Though vaccines have been largely available to most U.S. residents for more than a year, other large gatherings in the crypto space have produced similar results. Some media outlets called the Bitcoin 2021 event in Miami a “super spreader event” after many attendees reported testing positive for COVID-19 upon returning home — more than 12,000 people were at the Florida conference.

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Report: Blockchain Among Technologies to Be Prioritized by Saudi Arabia’s IT Decision Makers in 2022

Report: Blockchain Among Technologies to Be Prioritized by Saudi Arabia’s IT Decision Makers in 2022Blockchain is among six emerging technologies that will be prioritized by the Kingdom of Saudi Arabia (KSA)’s IT decision makers in 2022 and beyond, according to a recent study. Effect of Covid-19 The government of Saudi Arabia’s IT decision makers have named blockchain as one of the six technologies they plan to prioritize in 2022 […]

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Singapore firm uses blockchain to battle counterfeit COVID-19 jabs

Zuellig Pharma’s eZTracker platform is using the SAP blockchain to track and verify COVID-19 vaccinations.

Singaporean healthcare services provider Zuellig Pharma is using a blockchain-based network to track COVID-19 vaccinations to prevent practitioners from administering expired vaccines.

Zuellig Pharma says that its new “eZTracker” management system can help prevent improperly stored or counterfeit vaccines from being used by allowing its clients to instantly verify the provenance and authenticity of their vaccines via a mobile app.

“Accidents involving expired or improperly stored vaccines can be avoided,” said Daniel Laverick, vice-president and head of digital and data solutions at Zuellig Pharma.

eZTracker uses the SAP blockchain to capture, track and trace multiple data points to improve supply chain transparency. The eZTracker website explains how it works:

“Simply scan the QR code on the packaging to instantly verify if your product comes from an authorized distributor.”

“Patients can scan the 2D data matrix on the product packaging to verify key product information like expiry date, temperature, and provenance through its app powered by blockchain,” added Laverick.

The SAP Blockchain executes operations as a Blockchain-as-a-Service (BaaS), allowing its clients to develop customized blockchain extensions for their existing applications. According to SAP, 77% of the world’s transaction revenue touches one of their systems.

Back in 2020, Zuellig partnered with pharmaceutical company MSD to deploy eQTrakcer in Hong Kong, where it was used to trace vaccines for Human Papilloma Virus, Gardasil.

"As the vaccines move through various handover points in the supply chain, the products' data points are loaded into eZTracker's secure blockchain ledger, and this ensures it can't be tampered with,” Laverick explained at the time.

“Users such as healthcare professionals and patients are able to verify the authenticity of the vaccine by scanning a unique data matrix code on the product pack."

Related: Fake vax certificates renew calls for blockchain-based solution in Australia

Founded 100 years ago, Zuellig is one of Asia’s largest healthcare service provider groups. Zuellig also has a product called eZVax, which specifically provides governments, local health authorities, and the private sector with end-to-end vaccine management.

Southeast Asia is a hotbed of fake meds with between $520 million and $2.6 billion spent on counterfeit medicines every year, according to a report by the United Nations Office on Drugs and Crime.

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Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates

Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest RatesThe European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason to Adjust Interest Rates Despite Eurozone Inflation Reaching 5% […]

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Report: Fintech Firms Received 62% of the $4.9 Billion Raised by African Tech Companies in 2021

Report: Fintech Firms Received 62% of the .9 Billion Raised by African Tech Companies in 2021Fintechs account for nearly two-thirds of the $4.9 billion that was raised by African technology firms during the past year. Fintech groups also dominate in terms of funding that exceeds $50 million, with a 40% share of the total number of tech firms. The Covid-19 Factor Out of the $4.9 billion in funding that was […]

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