🚀 Reality Check – or Realty Check? 🎢 ~ CEOM Coin

Over 6,000 Bitcoin ATMs worldwide and counting. Nice.

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🥵 $14M in Bitcoin to Unlock Systems for 110 Nursing Homes

Hackers are demanding $14 million worth of Bitcoin (BTC) to restore computers powering 110 nursing homes across the United States, putting the lives of patients at risk.

Through a ransomware that encrypts important files, the attack affected internet access, billing, phones, email, access to client records and even payroll systems.

Reports state that the firm was concerned with handling life-threatening situations first, which meant dealing with getting electronic medical records back online as soon as possible.

TheNextWeb

🏬 Another Hyped Tokenized Real Estate Deal Falls Apart

A high-profile joint venture between technology startup Fluidity (backed by Consensys chief Joe Lubin and Galaxy Digital's Michael Novogratz) and broker-dealer Propellr was quietly shelved in the summer.

Neither side would discuss the specifics of the venture's cancelation. But both agree that the tokenized market wasn't ready for the real estate use case.

"The market was just too young at the time," said Sam Taber, a co-founder at Fluidity. "It didn't have sufficient institutional appetite."

CoinDesk

🛢️ Blockchain for Tax-Refund for Oil Exporters in Thailand

Yesterday we covered Thailand's plans to amend regulations surrounding crypto and today, it was announced that the Excise Department of Thailand is preparing to set up a blockchain-based tax refund system for oil exporters.

Talks are in progress with Krungthai Bank for developing the system which reportedly will be ready by mid-2020.

Last year, Thailand's Revenue Department was also considering implementing blockchain technology to prevent fraudulent value-added tax (VAT) refund claims.

TheBlockCrypto