The Crypto Report
Seagate even runs the risk of accepting counterfeit hardware back into its supply, which is known as the reverse supply chain.
The companies have a two-part plan to fight back, using cryptographic signatures on the hardware and securing the supply chain by moving it onto a blockchain as well.
The payment processor reported that Bitcoin brought in a total of US$43 million in revenue and a profit of US$500,000.
Bitcoin accounted for 5% of Square’s total revenue in its third quarter.
Square’s Cash app allows US customers to buy and sell Bitcoin, the only digital asset it currently supports.
The Cann Report
The US midterm election was a victory for cannabis advocates, bringing legalized recreational marijuana to Michigan and legalized medical marijuana to Missouri and Utah. The resignation of long-time cannabis opponent former US Attorney General Jeff Sessions was also viewed as a win for the marijuana market.
Cannabis proponent Congressman Earl Blumenauer (D-OR) called it a “big night” for cannabis.
Blumenauer recently sent an eight-page letter to Democratic leadership in the House of Representatives outlining his plan to legalize cannabis if the Democrats were to retake the House after the midterm elections, which came to pass this week.
“I look forward to working with our new majority in the House to finally end the federal government’s policy of prohibition, which continues to ruin lives—and disproportionately the lives of people of color,” said Blumenauer (D-OR) to Leafly in a statement.
Legalization made its way to Canada last month, but it hasn’t exactly been a smooth transition.
There won’t be any retail spots in Ontario until next year, so cannabis consumers shopping legally will have to go through the online Ontario Cannabis Store.
However, a privacy breach into Canada Post’s database on November 1 revealed the names, shipping addresses, and order dates of more than 4,500 customers, according to a High Times report.
Canada Post emailed the affected customers nearly a week later on November 7, letting them know the breach exposed limited data and did not include personal financial information.
Nevertheless, the Ontario Cannabis Store requested that Canada Post revamp its security system to prevent another event of its kind and has reportedly removed all order reference numbers from the tracking data given to Canada Post.
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