Tag Archive for: Losing

Crypto.com reportedly suffers hack, losing more than $15 million in Ethereum

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Crypto.com, one of the worlds’ largest cryptocurrency exchanges has reportedly suffered a hack, with at least $15 million worth of Ethereum stolen. The hack is the latest in a series of security branches that have affected crypto currency exchanges and it further damages confidence in the nascent cryptocurrency sphere. 

The issues came to light when users began reporting that their funds were missing, even those with two factor authorization enabled. Crypto.com tweeted that it was pausing withdrawals after it received complaints from users. 

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Uganda Security Forces Ordered To Stop Detention Of Losing Presidential Candidate : NPR

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Soldiers patrol outside presidential challenger Bobi Wine’s home in Magere, Kampala, Uganda, Jan. 16, after President Yoweri Museveni was declared the winner of the election.

Nicholas Bamulanzeki/AP


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Nicholas Bamulanzeki/AP

Soldiers patrol outside presidential challenger Bobi Wine’s home in Magere, Kampala, Uganda, Jan. 16, after President Yoweri Museveni was declared the winner of the election.

Nicholas Bamulanzeki/AP

A Uganda judge has ordered state security forces, who have kept the losing presidential candidate Bobi Wine detained in his home since mid-January, to stop surrounding Wine’s residence.

Wine, 38, a popular singer whose real name is Kyagulanyi Ssentamu, was the main opposition candidate in the Jan. 14 presidential election. President Yoweri Museveni was reelected to a sixth term, winning 58% of the vote to Wine’s 34%, according to election officials. Wine disputes the results.

Uganda Election: President Yoweri Museveni Declared Winner As Bobi Wine Alleges Fraud

The court ruled that Wine’s effective house arrest was not in accordance with the law and that if the government wants him detained it should charge him with a crime, The Associated Press reports from the Ugandan capital, Kampala.

The AP says Museveni’s government has not yet responded to the court order and it’s not clear whether it will obey the ruling. Officials surrounded Wine’s house on Election Day and said he could not leave without a military escort, because he posed a threat to public order.

Museveni, who at 76 is twice Wine’s age, has been president for 35 years. Uganda has never had a peaceful transfer of power since the former colony gained independence from Great Britain in 1962.

NPR East Africa correspondent Eyder Peralta reported from Uganda that in the lead-up to the election…

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Will China’s revised cybersecurity rules put foreign firms at risk of losing secrets? – South China Morning Post

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Will China’s revised cybersecurity rules put foreign firms at risk of losing secrets?  South China Morning Post
“cyber warfare news” – read more

Initial Fallout From McDonald’s Losing Its EU ‘Big Mac’ Trademark Is Mockery From Burger King

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While trolling online is something we generally have to suffer through rather than enjoy, I, for one, am absolutely here for the brand on brand trolling that occasionally sparks so much fun. Especially when done cleverly, this business on business violence is absolutely delicious. I was therefore very much delighted to learn that the initial fallout after McDonald’s losing its trademark rights to the “Big Mac” in the EU is that some European branches of Burger King are delighting in rubbing McDonald’s nose in it.

Burger King’s Swedish operation recently revamped menus to poke fun at McDonald’s loss. Under the header Not Big Mac’s (sic), the sign listed meal options like “Burger Big Mac Wished It Was”, “Like a Big Mac, But Actually Big” and “Big Mac-ish But Flame-Grilled of Course”.

The chain released a video showing customers tentatively ordering from among the unusual choices, while a staff member appears unfazed as he calls out for Anything But a Big Mac.

And here is the video.

All fun aside, there are a couple of things to notice in all of this. First, it’s likely that everything Burger King did with this campaign ought to be considered Fair Use even if McDonald’s had never lost its trademark. After all, the entire point in calling out the “Big Mac” name in all of this is squarely to differentiate it from Burger King products. And, of course, there’s roughly zero chance of anyone in the public being confused in any way here.

Separately, this again calls to mind our mantra that content is advertising and advertising is content. The reason this campaign is a success goes beyond watching one giant fast food company mock another. Instead, this works because Burger King is clearly having so much fun with it. And it’s having that fun in a way that’s approachable, snarky, and quite funny. That’s all advertising gold, in that it both grabs attention and generates positive reactions with the public, all while messaging a positive difference between Burger King and McDonald’s.

So, if the primary fallout from a giant company losing its trademark is this kind of fun, I’m very much here for it.

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