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Mac users need to beware of a newly discovered piece of malware that steals their web browser cookies and credentials in an attempt to withdraw funds from their cryptocurrency exchange accounts.
Dubbed CookieMiner due to its capability of stealing cookies-related to cryptocurrency exchanges, the malware has specifically been designed to target Mac users and is believed to be based on DarthMiner, another Mac malware that was detected in December last year.
Uncovered by Palo Alto Networks' Unit 42 security research team, CookieMiner also covertly installs coin mining software onto the infected Mac machines to secretly mine for additional cryptocurrency by consuming the targeted Mac's system resources.

In the case of CookieMiner, the software is apparently geared toward mining "Koto," a lesser-known, privacy-oriented cryptocurrency which is mostly used in Japan.
However, the most interesting capabilities of the new Mac malware is to steal:

Both Google Chrome and Apple Safari browser cookies associated with popular cryptocurrency exchanges and wallet service websites.

Usernames, passwords and credit card information saved in the Chrome web browser.

Cryptocurrency wallet data and keys.

iPhone's text messages of victims stored in iTunes backups.
When talking about the targeted cryptocurrency exchanges and wallet services, CookieMiner was found targeting Binance, Coinbase, Poloniex, Bittrex, Bitstamp, MyEtherWallet, and any website having "blockchain" in its domain and using cookies to track their users temporarily.

More info visit
https://thehackernews.com/2019/02/mac-malware-cryptocurrency.html?m=1

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Major cryptocurrency exchange and wallet Coinbase recently made what it claims is the largest transfer of crypto on record, a company blog post reports Dec. 19.

According to the post, 5 percent of all Bitcoin (BTC), 8 percent of all Ethereum (ETH), and 25 percent of all Litecoin (LTC), along with “many other assets” were moved to new cold storage infrastructure in what the firm “believe(s) is the largest crypto migration on record.”

Coinbase reports that last week, the firm “completed an on-blockchain migration of approximately $5 Billion (as valued the week ending Dec. 7, 2018) of cryptocurrency from Generation Three to Generation Four of our cold storage infrastructure.”

Source | https://cointelegraph.com/news/coinbase-moves-5-billion-reports-largest-crypto-transfer-on-record

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Cryptocurrency investor and entrepreneur Trace Mayer plans to use the anniversary of the Bitcoin genesis block to make holders reclaim their private keys.

MAYER TO BITCOIN HODLERS: RECLAIM SOVEREIGNTY

In a video introduction to the plan, which he dubbed ‘Proof of Keys,’ Mayer appealed to the Bitcoin community to remove all funds not under their direct control, specifically third-party exchanges.

“We’ve got lots of new people who have come into the community, and I think it’s important to declare and redeclare our monetary sovereignty on a regular basis,” he said in the video.

https://youtu.be/_bNk5g_S0ZA

AVOIDING YOUR ‘MONETARY ENEMY’

One of the longer-serving figures in the Bitcoin space, Mayer voiced repeated distrust of well-known industry businesses including payment processor BitPay, US exchange Coinbase and storage service Xapo.

Quoting a warning by Bitcoin Core developers about using such businesses to store private keys, he continued that taking back control had multiple benefits for “HODLers of Last Resort” beyond financial security.

Technical literacy, knowledge, and respect of network consensus laws and more, he contended, would help galvanize those who have chosen Bitcoin over fiat.

“Anyone who doesn’t want you to hold your own private keys or do your own network consensus – they’re your monetary enemy,” he continued.

While dubiously referring to those who successfully control all private keys as “elite,” Mayer’s January 3 summons comes at a time when exchanges continue to garner criticism over chosen business paths.

Coinbase, which saw a backlash over its initial refusal to support SegWit transactions, poor technical reliability and consumer support, this week was found to be the entity behind suspect transactions amounting to 856,000 BTC ($2.9 billion).

The product of “scheduled maintenance” developers had signaled would occur November 28, the transactions involved almost 5 percent of the entire circulating Bitcoin supply.

Reacting on Reddit, users subsequently lambasted the exchange over the move, which appeared to involve over one hundred “non-multisig, non-SegWit” addresses.


Source:  https://bitcoinist.com/bitcoin-proof-of-keys-btc-off-exchanges/


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Bitcoin Volatility More than Triples on the Month Amid Falling Crypto Prices

With all eyes on the crypto market mayhem and Bitcoin’s new year-to-date lows, the cryptocurrency’s soaring volatility levels remain under reported. According to the Bitcoin (BTC) Volatility Index as of yesterday, Dec. 9, volatility levels on the BTC-USD market have risen three-fold on the month.




BTC-USD Volatility Index 30-Day Chart, Nov. 9 - Dec. 9. Source: buybitcoinworldwide


The most recent available data for Dec. 9 indicates that BTC-USD volatility hit 5.53 percent, as compared with 1.57 percent on Nov. 9 at the start of the 30-day Volatility Index. As of Nov. 19, volatility has been on a consistent ascent, from 2 percent to 4.53 percent one week later, and then upwards to break above 5 percent on Nov. 29.

According to the BTC-USD chart for the preceding 30 days — between Oct. 9 and Nov. 9 —  volatility did not rise above 2.06 percent at any point, remaining closer to 1.5-1.7 percent for the majority of the period.



BTC-USD Volatility Index 30-Day Chart, Oct. 9 - Nov. 9. Source: buybitcoinworldwide


On the BTC-USD 6-month volatility chart, the trend shows a jagged but consistent decrease in volatility as of mid-August — from a six-month high of 3.84 percent in mid-August down to a low of just 0.73 percent in mid-November — before the exponential rise in recent weeks.



BTC-USD Volatility Index 1-year Chart, Dec. 9 2017 - Dec. 9 2018. Source: buybitcoinworldwide


The last time volatility was at a similar level this year was in mid-March, when Bitcoin was trading around $8,771 (Mar. 11), according to CoinMarketCap historical data.

As previously reported, Bitcoin achieved a 17-month low volatility rate in early October, drawing considerable attention from the crypto community, and even the short-lived joke the asset had transpired to become “the ultimate stablecoin.”

As of press time, Bitcoin is trading at $3,524, up 1.5 percent on the day and down around 16 and 45 percent on the week and month respectively, according to Cointelegraph’s Bitcoin Price Index.


Reference: https://cointelegraph.com/news/bitcoin-volatility-more-than-triples-on-the-month-amid-falling-crypto-prices

5

First Week of December Ends with Flush of Green, Bitcoin Nears $3,700



Sunday, Dec. 9 — The crypto markets are showing a wave of green, as Bitcoin (BTC) trades closer to $3,700 at the end of the week, as data from Coin360 shows.



Market visualization by Coin360

After a week of breaking new year-to-date lows, the major cryptocurrency is trading at around $3,650 by press time, up more than 7 percent over a 24 hour period. The coin is still down almost 9 percent on the week and more than 44 percent on the month, according to Cointelegraph’s Bitcoin Price Index.



Bitcoin 7-day price chart. Source: Cointelegraph’s Bitcoin Price Index

Reference: https://cointelegraph.com/news/first-week-of-december-ends-with-flush-of-green-bitcoin-nears-3-700

6

Bitmain Closes Israeli Blockchain Development Center Citing Crypto Market Conditions



Chinese crypto mining giant Bitmain is closing its development center in Israel and firing local employees, Israeli business news outlet Globes has learned Monday, Dec. 10.

Bitmaintech Israel — founded in 2016 to explore the use of blockchain technology, work on the Connect BTC mining pool and develop the infrastructure behind Bitmain’s artificial intelligence (AI) project Sophon — will close this week. All 23 employees will be fired, the Globes reports.

Gadi Glikberg, head of the Israeli branch as well as Bitmain vice president of international sales and marketing, is also leaving. The Globes reports that Glikberg linked the closure to the recent crypto market collapse:

    “The crypto market has undergone a shake-up in the past few months, which has forced Bitmain to examine its various activities around the globe and to refocus its business in accordance with the current situation."

Bitmaintech Israel has not responded to a request for comment by press time.

Bitmain is also currently facing two lawsuits. The first one, a class action lawsuit of $5 million focused on unauthorized mining, was filed in the North District Court of California against Bitmain’s United States- and China-based entities.

The second suit was purportedly filed against Bitmain, Bitcoin.com, Roger Ver and the Kraken Bitcoin Exchange. The case alleges that the defendants jointly used unfair methods and practices to manipulate the BCH network for their benefit.

In early December, Israel has seen a crackdown on unreported crypto earnings. According to local business newspaper Calcalist, Israeli tax authorities opened tax accounts for hundreds of Israelis who allegedly concealed cryptocurrency related revenues. As cryptocurrencies are treated as a financial asset in Israel, they are subject to a 25 percent tax for private investors.


Reference: https://cointelegraph.com/news/bitmain-closes-israeli-blockchain-development-center-citing-crypto-market-conditions

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WHAT IS PLATIO

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MAKE DEALS
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PROTECT
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THE ROLE OF
THE BLOCKCHAIN


Platio builds a private Sidechain based on EOS technology and a predefined set of smart contracts backed.

The Platio Blockchain will ensure secure, fast and transparent internal business processes. The efficiencies created through Blockchain will increase organizational output and help cut down the transactional costs and processing time associated with traditional banking systems. All the assets within the Platio Ecosystem will be tokenized. Tokenized assets will be used for internal transactions and smart contracts in the Platio Ecosystem.

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THE MAIN TYPES OF INTERNAL TRANSACTIONS
WILL BE

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THE MAIN TYPES OF SMART CONTRACTS
WILL BE


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EXCHANGE & BROKERAGE
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INTERNAL TRANSFERS
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SMART ESCROW
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ASSET GUARD


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PGAS TOKEN

PGAS is an ERC-20 utility token used for transactions within the platform.

PGAS use cases:


  • Payment of commissions and fees
  • Payment for subscription

PGAS will generate revenue for Platio as every transaction executed will create either transaction revenue or subscription revenue.

It is expected that the PGAS value growth may happen due two main reasons:


  • Increased demand for the Token as the number of users of the Platio Ecosystem grows, more subscriptions are purchased, and more transactions are executed.
  • The burning of 50% of Platio internal commissions until approximately 10% of PGAS tokens are left in circulation within the Platio Ecosystem.
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HARD CAP
34,500,000 EUR



BONUS STRUCTURE


CUSTOM BONUS
Private Pre-Sale /
 20.08.2018 - 11.11.2018

ERC20 Token
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SOFT CAP
5,000,000 EUR







10-15%
Public Pre-Sale /
 12.11.2018 - 25.11.2018

Unsold tokens will be burned
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397,500,000 PGAS







0-8%
Public Sale /
26.11.2018 - 09.12.2018

No mining/minting








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