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Bring Home the Bacoin? Oscar Mayer Debuts Crypto
With the initiative, Oscar Mayer is offering bacoins as a kind of online incentive to get users promoting the brand’s meat products on social media and email. Through the company’s official website, users “mine” bacoins that become worth more – denominated by slices of bacon – as consumer awareness is increased. Accompanying the campaign is a new commercial pitching the bacoin.
ASIC took action when people identified concerns
“As a result of our inquiries, some issuers have halted their ICO or have indicated the ICO structure will be modified,” ASIC disclosed, though it didn’t say how many token sales have been canceled or changed in light of the agency’s actions.
Ripple’s Enterprise Blockchain Network Adds a New Bank
Announced Monday, Bank Dhofar, a financial investment company, has joined Ripple, a move the bank says enables it to provide global cross-border payments using Ripple’s blockchain technology, a press release states.