16.01.2021

Domino’s Pizza Launches $100K Bitcoin Prize Competition in France

Started on Sept. 4, the contest will allow buyers to participate in games while ordering pizzas from Domino’s until Oct. 2, while purchase registration will be available till Oct. 6, according to the campaign’s website.

The French unit of Domino’s Pizza launched an ordering competition with a prize of $110,000 in Bitcoin (BTC) or cash.

Game is active from Sept. 4 till Oct. 6

According to a company’s tweet on Sept. 6, Domino’s Pizza France initiated the 100,000 euro give away on the occasion of its 30th anniversary.

As noted in the competition rules, the amount awarded in Bitcoin will have a value of 100,000 euro calculated according to the exchange rate on the day of purchase of Bitcoin by the organizer of the game if the winner picks BTC.

Eventually, Domino’s Pizza plans to transfer the Bitcoin prize to the winner’s wallet on Dec. 16, 2019, according to the rules.

Earlier blockchain-related initiatives

Domino’s Pizza is not new to blockchain and cryptocurrency space though. In May 2019, the Singapore and Malaysia division of Domino’s Pizza teamed up with Dutch blockchain firm SingularityNET to deploy its blockchain-enabled artificial intelligence technology.

Specifically, the implementation of SingularityNET’s technology intends to improve Domino’s supply chain processes and logistics in Malaysia and Singapore.

Domino’s Pizza is also one of the pizza companies allowing customers to buy pizza with Bitcoin as part of Bitcoin Pizza Day that is celebrated each year on May 22 since 2010.

LocalBitcoins: Tor Browser Users at Risk of Losing Their Bitcoins

Finnish peer-to-peer crypto exchange LocalBitcoins has warned users about alleged security risks associated with anonymous browser Tor Browser.

On Sept. 9, transactional compliance expert Richard Bensberg tweeted a screenshot of a LocalBitcoins banner warning Tor users about the risk of losing their Bitcoins (BTC), which stated:

“Warning to all Tor users: A Tor browser exposes you to the risk of having your bitcoins stolen.”

LocalBitcoins then responded to Bensberg, saying that while using Tor Browser is not against its terms of service, it does not recommend it for security reasons. LocalBitcoins did not specify why the browser makes users more vulnerable to theft.

Bensberg criticized the move by the exchange, arguing that Localbitcoins has “really lost the plot” by putting a banner warning against the browsing tool praised for providing privacy and anonymity.

Tor Project

Tor Browser is the flagship product of the Tor Project, the firm behind the anonymous Tor network. In July 2019, Cointelegraph reported that the Tor Project’s crowdfunding campaign BitcoinForTor reached its $10,000 softcap just 25 hours after launch.

The two-week campaign eventually raised $18,892 in order to support its goals of privacy and freedom online. Tor has many proponents, including famous National Security Agency leaker Edward Snowden.

Meanwhile, LocalBitcoins has seen a notable drop in trading volumes after the exchange abruptly terminated the option for users to perform local cash trades in early June. On June 18, LocalBitcoins continued to tighten policies, introducing four different account tiers within its new verification system, which puts limits for selling Bitcoin and posting ads on its platform.

cointelegraph.com

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