How to Protect Your Devices from Crypto-miners

When cryptocurrency is your passion, it’s difficult to accept that there are threats out there beyond the every day business of crashing prices. Crypto’s dirty little secret is that there are plenty of unscrupulous people who are happy to gamify the system, not recognizing that their hacking games are not just games: they affect real people. We’re talking about cryptojacking, a worrying crime that soared by over 600% in the last quarter of 2017 alone.
You know all about how much energy and processing power you need for cryptomining. But what if others are hacking your devices to siphon that power for themselves? It’s more than possible: it’s prevalent. If you’ve noticed your devices overheating, underperforming, or running out of battery unusually quickly, it could be because those processors are hard at work for someone else.
It’s time to put your defences up. Cryptohackers can get in through your browser if you click on the wrong link or download the wrong app. Thankfully, the browser gods of Firefox and Opera are helping you fight back. It’s possible to use a plug-in such as minerBlock to make your browser safer. Just be sure, as with all plug-ins and apps you access from now on, that you get it through the official channels and not some dodgy third-party site.
In fact, Opera have even created the first browser for mobile devices to have a built-in cryptojacking detector. You should use this on your phone. But it’s also important to keep your operating system updated, since those updates contain essential security measures against insidious new security threats such as cryptojacking! Be sure to do so on your private WiFi network to be extra secure.
And about that home WiFi: you need to make sure your hardware is secure. Get a secure home router and pick complex passwords for it, which you should change regularly. Set yourself an alert to do this, since it’s a bit of security housework that often evaporates after those initial good intentions.
Okay, now you’re a bit more secure. But how do you know if they’ve already got you? Well, your CPU usage will be through the roof to start. Use your activity monitor to check for suspicious tasks, and quit those suspicious looking processes. On your phone, it’s worth going into your battery usage record in Settings, which will reveal to you whether a large percentage of the energy eaten by your phone in the last few hours is caused by something you don’t recognize.
And let’s get back to Opera again: always one of the cannier browser companies, they’ve created a website you can visit that quickly tests whether any of your open tabs are involved in Cryptojacking. And the good thing about this is that you can try it on any browser. Opera’s angle is it gives them a chance to show off to you about how their browser might be safer.
So there’s really no excuse in becoming a cryptojacking victim. Run through this new anti-cryptojacking infographic for a few more ideas on how to be safe. Crypto is supposed to be making you rich, not killing your computer!
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Bitmain to Sponsor NBA Team and Invest $500 Million into Texas Economy

Bitmain has announced a sponsorship deal with a Texan NBA team, the Houston Rockets, as well as promising to invest $500 million in the state’s economy.

In yet another example of how the cryptocurrency industry is winning at sports, AntPool, which is run by Bitmain Technologies, will soon be stepping onto the basketball court. South China Morning Post has reported that the mining equipment giant has entered into a sponsorship deal with the Houston Rockets basketball team.

It’s a Slam Dunk for Bitmain
While the amount has not been made public, the deal will be effective during the 2018-2019 season. Marketing details are also still unclear but if it includes billboard coverage, more than 900 million online viewers in China will be able to see the platform’s logo. In addition, people all around the world who are watching will be made aware of AntPool.
Li Haijiao, the head of AntPool’s overseas operations, explained the significance of this type of exposure, saying:
As the cryptocurrency industry around the globe continues to evolve and develop, it is going to be more and more important for companies like AntPool to lead the conversation and conversion of consumers to adopt and understand digital currencies.
While it may seem random, Li stated that the Houston Rockets were chosen as they were the “No 1 team in China.” In addition, Houston is the city that Bitmain has chosen to start off its U.S. expansion journey, even though the country is still developing industry regulations.

Multimillion-Dollar Investment
The platform aims to build a data center in nearby Rockdale for its mining operations and hopes to open for business at the beginning of next year. Live Bitcoin News recently reported that the development of the data center would create approximately 500 jobs for people in the area.
However, expansion doesn’t come cheap. AntPool has announced that it would be contributing $500 million into the Texas economy over seven years. While a hefty sum, it seems as if the ASIC chip manufacturer can afford it. Reports show that the company enjoyed a healthy $2.5 billion profit turnover last year.
Some analysts believe that these good times won’t last for Bitmain though. As the industry grows in popularity, so too does the amount of competition. Bitmain seems to be aware that keeping that competitive edge is key, which is why they have recently announced plans to introduce an upgraded version of their market-dominating ASIC chip.
While based in China’s capital of Beijing, Bitmain has branched out nationally to Shenzhen, Shanghai, Chengdu, Hong Kong, and Fuzhou, as well as internationally to Israel, the Netherlands, and Switzerland, with the U.S. being its next destination.
What do you think of Bitmain’s expensive expansion to the U.S.? Let us know in the comments below!

Images courtesy of Pixabay and Shutterstock.
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Digital File Security Boosted by V-ID and DigiByte: Real World Adoption of Blockchain Technology

Digital file validation system V-ID offers verification of originality of any file within 5 seconds to counter fraud and manipulation. With increasing dependency of documentation and files that are digitized, it is becoming easy to change the contents and fake ownership or contents within. This has caused an alarming situation where sensitive documents (personal, business or even governmental ones) are used for personal or nefarious purposes.
According to Rudy Bouwman, Chief Marketing Officer at DigiByte and Co-Founder of the DigiByte Awareness Team:
“Enhancing Cyber Security and making the Internet a safer place is a long-term mission of the DigiByte blockchain. We are excited to see the DigiByte foundational protocol being used by companies like V-ID who require fast, safe, and highly decentralized transactions. The ability to authenticate digital files without a third party will not only reduce fraud, but open the door to new opportunities and innovation.”
V-ID And its Digital Verification
Using the immutable nature of blockchain to its advantage, V-ID is a decentralized platform that creates an ecosystem where documents can be uploaded by its true owner and all aspects of the file are locked.
Once done, the documents can be freely sent anywhere, copied, distributed and even renamed without ever worrying about alteration. A recipient can use the V-ID system to verify the originality of the document in less than 5 seconds.
The V-ID ecosystem offers the perfect solution to document fraud. The platform does not hold the files in its record (Thus allows ownership to reside with the right person) and complies with the recently developed GDPR guidelines.
Practical Use
The V-ID verification answers some of the most crucial issues seen in recent times. Criminal activity thrives on document manipulation (forging deals, bank records, medical data and even crime reports); employers and organizations cannot fact check every educational and experience document submitted by employees; government and sensitive documents in the diplomatic circle are paramount to national interest and susceptible to tamering etc etc.
Unlike many other blockchain platforms that are proof of concept or are in development, V-ID is being actually used by big names such as Airbus Defence & Space, WildRadar Fauna, Vitrumnet (fiber networking) and even Maritime Cyber Alliance.
DigiByte Protocol
DigiByte is a public blockchain that has had over 4 years of development. The ecosystem offers one the most secure systems with the fastest block time (15 seconds per block). With the public blockchain being most suitable for small, multiple transactions a seconds, the V-ID opted to use the DigiByte blockchain to run its verification system, passing over the market de facto ones like Ethereum.
Marnix van den Berq, Lead Development V-ID said:
“The DigiByte blockchain will empower the V-ID corporate services with great transaction speed at low costs. Combined with the immense spread of the DigiByte network, it is a superior store of publicly accessible and timestamped V-ID data”
VIDT, Securing Originality
The V-ID platform is powered by its native VIDT token. The token sale is live at the moment, with 100,000,000 VIDT available to backers at USD 0.2 per VIDT token. The event carries a soft cap of USD 1,000,000 and a hard cap of USD 8,000,000. The event also carries a bonus scheme for investors that will reduce sequentially as the event time passes on (currently at 33%).
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Crypto EXPO Asia

One more outstanding show organized by FINEXPO is going to take place and promises to become a success as crypto world gained its popularity worldwide.
Every visitor gets an opportunity to take part in the biggest show filled with exhibitor booths, loungers, Speaker Hall and Workshop rooms as well as to meet with the best crypto experts and people from worldwide companies working with ICO, blockchains and cryptocurrency.
Many up-to-date and vital questions of the crypto-world will be covered in the speaker hall and workshop rooms. Inside the large interactive exhibit hall every visitor will get the access to the newest crypto tools including the ones directly from fintech companies.
Make a reservation on the event web-site and get the access to the incredible flagship event in ASIA.
FINEXPO has connected over 100 000 traders, investors and financial advisors and more than 3 000 financial companies and brokers from Forex, stock, option, bond crypto money and forward markets from all around the world including Malaysia, Indonesia, Singapore, Thailand, Philippines, China, Kazakhstan, Ukraine, Cyprus, Slovakia, Latvia and Russia.
Positive FEEDBACK from participants and attendees proves the hard work done by FINEXPO team and motivates for further success.
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Global Blockchain Forum Offers 50% off for Coinspeaker.com

The conference will be full of movers and shakers of the blockchain industry, with 3000+ attendees and well-known speakers. Over 100 crypto funds and investors will join the forum.
Global Blockchain Forum: Speaker Discussions
The forum will offer a wide variety of different speakers across the industry. The speakers who are expected to join the forum include: Jeff McDonald (Co-founder of NEM Foundation), Michael Arrington (Founder of TechCrunch), Garry Tan (Managing Partner at Initialized Capital, first investor at Coinbase), and many more.
Several topics currently for speaker discussions include: enterprise blockchain adoption, ICOs vs IPOs, blockchain infrastructure, and trends to watch.
Pitch Competition
One of the key features of the conference is the Pitch Competition, during which startups will be applying and competing for first prize.
Among the judges for the pitch competition will be Accel Partners.
The first prize will be coverage by Josh Constine, the notorious Editor-at-Large of TechCrunch, who will also be moderating at GB Forum.
If you are interesting in joining the pitch competition, please fill out this form.
Crypto Funds and Investors Attending
A number of crypto funds and investors are attending the conference. Global Blockchain Forum’s official site lists 8 Decimal Capital, Abra, Amino Capital, and other firms under the “Investor” section of its Homepage.
Last Minute Deal – 50% Off
As of the moment, tickets are sold as $599 for Early Bird General Admission, $999 for Early Bird VIP, $299 for One Day Ticket, and $1,399 for Group General Admission (3 General Admission tickets).
As a Coinspeaker reader, you are offered a promo code to join Global Blockchain Forum for 50% off. The Promo code is: COINSPEAKER. Please click on the below for a direct link to purchase tickets: https://www.eventbrite.com/e/global-blockchain-forum-tickets-47619337721?discount=coinspeaker
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EOS/USD Price Analysis: Trends of September 24–30, 2018

Key Highlights

Formation of “Pennant” pattern confirmed on the daily and 4H chart;
the price might go down this week;
traders should take position patiently.

EOS/USD Long-term Trend: Bullish
Resistance levels: $6.8, $9.4, $11.4
Support levels: $4.1, $2.0, $0.5EOS/USD is in a bullish trend in its long-term outlook. The strong bearish pressure was lost after a drop in the price towards the support level of $4.1 last week. The attempt to break lower below the support level of $4.1 was lost and the price closed higher. More buyers came in with more pressure by massive formation of bullish candles and the price was rallied to the north, pushed the price upward and broke the dynamic resistance of 50-day EMA.
As at present the price has formed a “pennant” pattern on the daily chart which suggests the probability for the price to fall toward support level of $4.1. In case the bulls increase their pressure the price will rise towards the resistance level of $6.8. The Stochastic Oscillator Period 14 on the daily chart is above the level 80 (oversold level), with its signal lines pointing downwards, which indicates the probability of a bearish movement this week.
EOS/USD Price Medium-term Trend: Bullish
The cryptocurrency on the medium term is bullish. The price moved upward with the formation of more bullish candles and crossed over 50-day EMA together with 10-day EMA, which indicates that bulls were taking control of the market. The price still ranging within the boundaries of the resistance level at $6.8 and the support level at $4.1.The coin is bullish within the channel on the medium-term outlook with the formation of more bullish candles. It has formed “Pennant” pattern which indicates that there may be decreased in price this week.
The Stochastic Oscillator Period 14 on the 4-hour chart is below 50 levels with its signal lines pointing towards the south suggesting a decrease in price which may be temporary. Traders should take position patiently.
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Singapore’s Central Bank Finds Blockchain to Be ‘Fundamental’ For Financial Services

During the week of Consensus in Singapore, a senior official from the city-state’s Monetary Authority of Singapore (MAS), which is the de facto Central Bank, has expressed his fairly positive thoughts on emerging blockchain technologies.

‘Technologies Are Always Getting Better’
Artificial intelligence, as well as blockchain technologies and their adoption, are to provoke “fundamental” changes in the city-state’s financial system. Speaking on the matter was Damien Pang, who outlined that Singapore is looking to regulate a certain purpose rather than the means of getting there, hinting at a “do no harm” approach to be taken by legislators. He said:
We take an approach where our regulations aim at the purpose rather than the technology platform itself. […] We aim not to directly regulate a specific technology itself, because technologies are always getting better.
A similar sentiment was expressed earlier this month by the chairman of the U.S. CFTC, J. Christopher Giancarlo.

Singapore’s March into Cryptocurrencies
It’s safe to say that the careful approach the city-state is implementing might be paying off. First off, it’s worth noting that Singapore breaks down digital assets in three groups: payment tokens, utility tokens, and security tokens.
According to Pang, MAS plans to enact a payment service law which is going to shed clarity on using payment tokens as a means of transacting. However, the Central Bank has no plans to regulate utility tokens, and it hasn’t yet approved security tokens.
Earlier this year, MAS revealed that Singapore aims to enable seamless cross-border payments through the usage of blockchain technologies. Good news kept on rolling as, later that month, Singapore’s and Japan’s Fintech Associations signed a memorandum for working together on joint projects.
Most recently, in August, Live Bitcoin News reported that an early-stage Singaporean VC will be launching a $10 million investment fund, which is specifically designated for blockchain technology startups as well as for cryptocurrencies.
What do you think of MAS’ position on cryptocurrencies? Don’t hesitate to let us know in the comments below!

Images courtesy of Shutterstock.
The post Singapore’s Central Bank Finds Blockchain to Be ‘Fundamental’ For Financial Services appeared first on Live Bitcoin News.

Crypterium (CRPT) Is Now Available At KuCoin Cryptocurrency Exchange Market

Crypterium is a decentralized network revolutionizing digital banking, and a cashless payment system had their native and sole currency CRPT listed at KuCoin exchange market.

Deposits are now available with recommended exchanging pairs including CRPT/BTC and CRPT/ETH. All activities are to be executed using KuCoin’s mobile apps or to their official website at www.kucoin.com.
About Crypterium
Endeavoring to develop a crypto bank available to everyone is what Crypterium aims. The platform is built to advance similar services to regular financial institutions but rendered to the world of cryptocurrencies. It proposes to be a ‘leading cryptobank for the cryptoeconomy.’
Compared to the present mobile payment systems that get weeks to process and distribute the card, Crypterium Cryptobank provides Instant processing engine for Fiat-based currency transactions and Crypto supporting any change between the two. With the digital bank, Crypterium can unquestionably utilize the Crypto to pay Fiat-based activities of blockchain assets and with economical fees on 42 million payment terminals that exist in the world and several Internet stores and point of payment.
The Crypterium technology platform is derived on algorithms that facilitate the most compelling presentation reached through current peer-to-peer networks are natural and third-party cryptographic exchanges. It will soon be replaced by various free banking services covering from simple peer to peer payments until loans support cryptocurrency.
Crypterium Service Features
Mobile Cryptobank: Crypterium gives instant cryptocurrency payments, loyalty plans, and cashback, contactless payments via, QR, NFC, and AndroidPay ApplePay, and other banking help.
Cryptocurrency Acquisition: Crypterium insures to offer “solutions for every sphere of retail trade and services,” containing native connections with PoS software and crypto-to-fiat contracts.
OpenAPI Platform: Crypterium initiates an app store for direct cryptocurrency software and solutions. It also has its decentralized server support and third-party integrations.
Credit Token Exchange: Crypterium approaches no borders in financial services, fundamental integrations with the current credits scoring orders, and a platform where users can trade assets.
The CRPT Token
Crypterium Cryptobank’s core element is the CRPT token. No transaction is allowed to happen on the platform without utilizing the CRPT token. The CRPT token is issued through an ICO (Initial Coin Offering).
To adopt the Crypertium Cryptobank platform users will require to be the CRPT token holder. When payment is completed on the platform, a charge of 0.5% of the value of the transaction is CRPT is removed from the holders CRPT account.

Images courtesy of KuCoin
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Bitzon – Enabling SMEs to Globalize

While the opportunities are exponential, the challenges that come along cannot be overlooked; challenges such as such as high capital investment, low scalability, lack of data security, etc. Additionally, SMEs tend to have a limited product line to showcase on the internet, and over half of their earnings are dedicated to sales and overhead costs. Hence, they are left with very scant opportunities to grow in the e-commerce ecosystem.
To resolve these complexities and furnish a stable and affordable platform for SMEs to flourish, Guyverson Jr. Vernous introduced to the world an efficacious solution – the Bitzon network.
Bitzon is a blockchain-based platform that allows buyers and sellers to harness optimal value out of the e-commerce sphere without bothering about budget constraints. Moreover, it also ensures flexible trading with various coins, tokens, and credit options offered on the platform.
Benefits of Using Bitzon Platform
Bitzon is a unique platform where users across the globe can buy and sell products at a low cost. It offers tons of benefits for both, the buyers and the sellers:
For Buyers

A plethora of options to buy unique and bespoke products manufactured by small-scale businesses from across the globe
Purchases can be made through cryptocurrencies or BITZON tokens at a minimal transaction fee
Receive cash backs, offers, discounts on payment via BITZON tokens
Easy-to-understand interface that offers an extensive catalog of items with filters and refined categories
A guarantee that all items on the platform are verified and authenticated and adhere to their product description
A 10% discount on lifetime purchases when transacting via BITZON tokens

For Sellers

Avail cost-effective and easy-to-use tools along with an innovative and straightforward interface to showcase products worldwide
Reliable opportunities to enter the international consumable market
Extensive support from the Bitzon team
Products can be sold in different currencies as per the seller’s preference
When sellers opt for BITZON tokens, they get a 50% discount on the monthly subscription along with the benefit of no exchange fees

Initial Coin Offering
Bitzon launched its ICO on September 1st, 2018, the coins are allocated in the following ways:

65% is reserved for sale
10% is shared amongst the partners and advisors
13% is distributed amongst the project team
8%  is contributed towards bonus and reserves
3% is reserved for bounties

Once the token sale campaign concludes, tokens can be purchased or sold on various cryptocurrency trading platforms. The team plans to collaborate BITZON tokens with over 12 such international platforms, allowing users to exchange these tokens for an alternate liquid cryptocurrency. The allotment of sale proceeds will be conducted in the following manner:

52% will be used for branding and marketing
14% will be tendered to infrastructure development
5% will be contributed to legal and financial overheads
3% will be added to bounty and overheads
3% will be reserved for gift code inventories

Enabling SMEs to Compete Head-on with Conglomerates
By providing an easy interface and effective functionalities, Bitzon platform envisions to create a reliable ecosystem for small businesses to grow in the competitive global market. It allows sellers to exhibit their products in the international consumable market through a cost-effective approach, thereby offering them equal and substantial opportunities to thrive.
Expanding the Horizon Via Airdrop
Presently, social media has emerged as one of the biggest marketing platforms. The creators of Bitzon understand this and have leveraged the power of social media to promote their platform on a larger scale. Bitzon Airdrop allows users who to promote the platform on typeform or social media handles such as Facebook, Twitter, Youtube, Instagram, etc., for 30 Million BITZON coins in return for their contribution.
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Swiss Crypto Valley Issues Banking Guidelines to Stop Blockchain Flight

The Swiss Bankers Association (SBA) has issued guidelines to banks who want to do business with crypto startups in the country, which is aimed at making access to traditional bank accounts easier.

Switzerland’s Crypto Valley
The European country is known as being one of the most crypto-friendly nations. In particular, the small town of Zug, near the Swiss city of Lucerne, has attracted a number of companies and foundations to it and has become the heart of what is known as the Crypto Valley.
According to Oliver Bussmann, head of the Crypto Valley Association, 530 blockchain startups have settled around Zurich and Zug, reports Reuters.
One reason organizations are flocking to the area is its low tax rate. Zug charges just a 14 percent corporation tax. This is compared to the United States, which levies a 25.7 percent corporation tax. Yet despite Switzerland enjoying its crypto status, a number of startups are leaving.
This is due to the fact that many are finding it difficult to open traditional bank accounts. The report states that this is because banks fear they will fall foul of anti-money laundering (AML) laws. In a bid to answer this, the SBA has issued guidelines to banks.

Speaking to a news conference, Adrian Schatzmann, SBA strategic adviser, said:
We believe that with these guidelines, we’ll be able to establish a basis for discussion between banks and innovative startups, making the dialogue simpler and facilitating the opening of accounts.
It’s hoped that by doing so, more crypto startups will be able to open bank accounts. The rules are designed to help banks understand what assessments should be carried out. To date, only a handful of the 250 banks in Switzerland have permitted companies to deposit crypto raised from initial coin offerings (ICOs).
Switzerland Says No to Pro-Crypto Money Initiative
In June, the country voted down a Sovereign Money Initiative. The aim of this was seeking to limit banks from creating money electronically.
Unlike fiat currency, crypto is decentralized and, as in Bitcoin’s case, limited. Fiat, though, is controlled by banks, and new money can be put into circulation without much thought. The Sovereign Money Initiative, however, was aiming to bring fiat more in line with cryptocurrency.
Yet, despite Switzerland’s pro-cryptocurrency stance, it voted against the plan. Notably, however, 500,000 people are reported to have supported the measure.
What do you think of Switzerland’s plans to make opening bank accounts easier for blockchain startups? Let us know in the comments below.

Images courtesy of Shutterstock.
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