Blackmailers Demand Bitcoins From Lenta Retail Chain and China Finished Working on National Cryptocurrency. News of the week

Blackmailers Demand Bitcoins From Lenta Retail Chain and China Finished Working on National Cryptocurrency. News of the week

Decentralized Contentos is entering the Russian market and Samsung is expanding capabilities of Blockchain Keystore. Read about up-to-date news from the world of digital currencies in our weekly digest.

Russia sets up a commission to choose projects on digital technologies

Russia sets up a commission to choose projects on digital technologies

A standalone interdepartmental commission will be assessing projects on digital technologies that look for state support. It will include members of ANCO Digital Economy, representatives of the Russian tech companies and members of agencies that realize roadmaps on cross-cutting technologies.

The full complement of the commission that will be analyzing projects has to be approved in October. Overall, the Digital Economy program entails 9 cross-cutting technologies including blockchain.

Blackmailers demand $500,000 in Bitcoin from Lenta Retail Chain

Blackmailers demand $500,000 in Bitcoin from Lenta Retail Chain

Unknown blackmailers demand Bitcoins worth of half a million dollars from Lenta Retail Chain. Otherwise, they threat to poison the products in the stores. The video containing threats was sent to the email of Lenta’s call center at the beginning of the week.

Representatives of the Russian retail chain wrote a statement for the police and plan to ignore the conditions of racketeers. A criminal case was opened basing on the statement.

Contentos plans to develop a project in Russia

Contentos plans to develop a project in Russia

Investments from Binance opened new prospects for Contentos – now the decentralized platform that allows users to create and monetize content will be promoted in South Korea, Brazil, Vietnam, and Russia. Mick Tsai, the project’s CEO voiced such intentions.

Contentos is intended for not only content generation and distribution but also registration of copyrights. Members of the ecosystem will get a reward in the form of COS tokens for its development. Trading of COS/USDT, COS/BNB, and COS/BTC pairs started early in August.

China finished working on digital currency

China finished working on digital currency

Chinese specialists have worked out the blockchain architecture for the national cryptocurrency that has been developed for 5 years. The deputy head of the Payment and Settlement Division of the People's Bank of China Mu Changchun announced the readymade prototype of the digital currency.

Chinese national cryptocurrency is called CBDC and is issued by the central bank. It is also known that CBDC will not totally rely on blockchain, which will make it suitable for retail payments.

Samsung added Bitcoin support to Blockchain Keystore

Samsung added Bitcoin support to Blockchain Keystore

Blockchain Keystore has added a new feature that allows working with Bitcoin and running cryptocurrency transactions. Besides, changes introduced by Samsung allow users to manage private keys, create them and import from other applications.

Launched early this year, the platform supports Ethereum, standalone ERC and Klaytn tokens from South Korean tech giant Kakao. Samsung also works on its own blockchain and plans to release Samsung Coin.

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