Cryptocurrency Movie with Kate Winslet
"Titanic" star Kate Winslet takes part in Cryptocurrency Movie about Onecoin Ponzi Scheme. Moreover, the actress is the producer of the film.
The Movie "Fake!" is based on an unreleased book by Jane McAdam and Douglas Thompson, which tells the true story of McAdam's involvement in OneCoin.
The book will be offered to publishers at the Frankfurt book fair on October 14. The $4 billion OneCoin cryptocurrency pyramid was founded in 2014 by Ruja Ignatova together with Sebastian Greenwood.
McAdams became a victim of OneCoin and founded a support group for victims. Her friends, family, and she herself invested and lost about $300,000 in this Ponzi scheme. She will be an executive producer of the film, directed and written by Scott Z. Burns. He is known as the author of the screenplays for the films "The Bourne Ultimatum" (2007), "The Informant" (2009), and "Contagion" (2011).
Earlier, New Regency Television International announced a serial about OneCoin founder Ruja Ignatova based on the popular BBC podcast about her — "The Missing Cryptoqueen".
"Titanic" star Kate Winslet takes part in Cryptocurrency Movie about Onecoin Ponzi Scheme. Moreover, the actress is the producer of the film.
The Movie "Fake!" is based on an unreleased book by Jane McAdam and Douglas Thompson, which tells the true story of McAdam's involvement in OneCoin.
The book will be offered to publishers at the Frankfurt book fair on October 14. The $4 billion OneCoin cryptocurrency pyramid was founded in 2014 by Ruja Ignatova together with Sebastian Greenwood.
McAdams became a victim of OneCoin and founded a support group for victims. Her friends, family, and she herself invested and lost about $300,000 in this Ponzi scheme. She will be an executive producer of the film, directed and written by Scott Z. Burns. He is known as the author of the screenplays for the films "The Bourne Ultimatum" (2007), "The Informant" (2009), and "Contagion" (2011).
Earlier, New Regency Television International announced a serial about OneCoin founder Ruja Ignatova based on the popular BBC podcast about her — "The Missing Cryptoqueen".
Scammers stole more than $23 million in BTC.
Scammers stole more than $23 million in BTC from users using a fake Electrum Bitcoin wallet update. ZDnet Researchers tracked down a few of the accounts to which the criminals transferred stolen in 2019-2020 bitcoins. They contain 1,980 BTC — $23.15 million.
In all cases, victims received a request to update their wallets via a pop-up message. After the update, the funds were immediately transferred to the attackers ' address.
This scheme works because the Electrum wallets are connected to the bitcoin blockchain via a network of their own ElectrumX servers. Fraudsters set up malicious ElectrumX servers and wait for the connection. After that, the user receives a message about the need to update the software. Usually, the download link does not lead to the official Electrum website, but to a similar domain or GitHub repository.
After installing the malicious version of the wallet, it asks the user for a one-time password required to send funds. Most users enter the requested code, assuming that they are using the official version of Electrum, and thus give permission to transfer assets.
Scammers stole more than $23 million in BTC from users using a fake Electrum Bitcoin wallet update. ZDnet Researchers tracked down a few of the accounts to which the criminals transferred stolen in 2019-2020 bitcoins. They contain 1,980 BTC — $23.15 million.
In all cases, victims received a request to update their wallets via a pop-up message. After the update, the funds were immediately transferred to the attackers ' address.
This scheme works because the Electrum wallets are connected to the bitcoin blockchain via a network of their own ElectrumX servers. Fraudsters set up malicious ElectrumX servers and wait for the connection. After that, the user receives a message about the need to update the software. Usually, the download link does not lead to the official Electrum website, but to a similar domain or GitHub repository.
After installing the malicious version of the wallet, it asks the user for a one-time password required to send funds. Most users enter the requested code, assuming that they are using the official version of Electrum, and thus give permission to transfer assets.
The G7 will not allow the launch of Libra until it is fully regulated
The Finance Ministers of the G7 countries oppose the launch of the Libra digital currency until its issuer is properly regulated. Officials will note the possibilities of digital payments to expand access to financial services and the economy.
Improper regulation can undermine financial stability, consumer protection, privacy, taxation, and cybersecurity. Financial leaders also noted that global stablecoins like Libra could become a tool for money laundering, terrorist financing, and threaten the integrity of the market.
In April, the Libra Association released an updated white paper, which presented a plan for the development of several stablecoins, each of which will be linked to different fiat currencies – the US dollar, Euro, British pound, and Singapore dollar.
The Finance Ministers of the G7 countries oppose the launch of the Libra digital currency until its issuer is properly regulated. Officials will note the possibilities of digital payments to expand access to financial services and the economy.
Improper regulation can undermine financial stability, consumer protection, privacy, taxation, and cybersecurity. Financial leaders also noted that global stablecoins like Libra could become a tool for money laundering, terrorist financing, and threaten the integrity of the market.
In April, the Libra Association released an updated white paper, which presented a plan for the development of several stablecoins, each of which will be linked to different fiat currencies – the US dollar, Euro, British pound, and Singapore dollar.
The unobvious impact of Covid-19 on business
COVID-19 caused a sharp increase in offline communication and then came "online toxicosis". The public often hears: "I set up several dozen email filters during the quarantine. Now no marketing bastards will get close to me." Although everyone is online, it will become more complicated to reach the users.
Therefore, the business has to learn to be interesting. The dreary "event and content marketing" will turn into "show and media" and become a cornerstone. The usual concept of marketing will die. Marketing and sales will require new people with new ideas and with a high level of competence in the field of show and media.
The quarantine suddenly showed that the processes inside companies are not well documented. Therefore, convenient tools for managing and cataloging processes should be integrated.
COVID-19 caused a sharp increase in offline communication and then came "online toxicosis". The public often hears: "I set up several dozen email filters during the quarantine. Now no marketing bastards will get close to me." Although everyone is online, it will become more complicated to reach the users.
Therefore, the business has to learn to be interesting. The dreary "event and content marketing" will turn into "show and media" and become a cornerstone. The usual concept of marketing will die. Marketing and sales will require new people with new ideas and with a high level of competence in the field of show and media.
The quarantine suddenly showed that the processes inside companies are not well documented. Therefore, convenient tools for managing and cataloging processes should be integrated.
Lamborghini and cryptocurrency. How are these things related to money laundering?
A 40-year-old man from Auckland has been arrested on suspicion of money laundering. He faces several charges, including dubious cryptocurrency transactions and subsequent purchases of luxury goods. Supposedly, the detainee participated in 30 episodes related to money laundering, which were used to buy cryptocurrencies.
With the help of illegally obtained money, he purchased luxury cars such as a Lamborghini for $ 421,000 and a Mercedes G6Z for $ 288,888. The defendant also purchased a property in East Oakland worth $ 1.7 million.
Other charges include getting extra money at the Auckland airport, as well as getting more than a million dollars in the Bank for fake passport details.
During the arrest, the New Zealand police confiscated the suspect's assets, expensive luxury cars, and other property.
A 40-year-old man from Auckland has been arrested on suspicion of money laundering. He faces several charges, including dubious cryptocurrency transactions and subsequent purchases of luxury goods. Supposedly, the detainee participated in 30 episodes related to money laundering, which were used to buy cryptocurrencies.
With the help of illegally obtained money, he purchased luxury cars such as a Lamborghini for $ 421,000 and a Mercedes G6Z for $ 288,888. The defendant also purchased a property in East Oakland worth $ 1.7 million.
Other charges include getting extra money at the Auckland airport, as well as getting more than a million dollars in the Bank for fake passport details.
During the arrest, the New Zealand police confiscated the suspect's assets, expensive luxury cars, and other property.
The future is near. Elections in the United States using the blockchain.
The independent global news organization Associated Press has joined forces with the blockchain-based encyclopedia "Everipedia" to publish and distribute the results of the 2020 US election in a distributed registry.
"AP is the gold standard for vote counting and announcing election winners, and we are excited to work with Everipedia," said Dwayne Desaulniers, AP`s Director of data licensing.
The Associated Press is responsible for counting votes in all US elections, including national, state, and local elections since 1848. Now the long-established organization is starting a new stage together with blockchain and data oracles to increase transparency and trust in the process of election.
To reach this goal, the AP will cryptographically sign the data and publish its cryptographic key via the Chainlink-based Everipedia data oracle because it connects real data, such as election results, to the blockchain.
The independent global news organization Associated Press has joined forces with the blockchain-based encyclopedia "Everipedia" to publish and distribute the results of the 2020 US election in a distributed registry.
"AP is the gold standard for vote counting and announcing election winners, and we are excited to work with Everipedia," said Dwayne Desaulniers, AP`s Director of data licensing.
The Associated Press is responsible for counting votes in all US elections, including national, state, and local elections since 1848. Now the long-established organization is starting a new stage together with blockchain and data oracles to increase transparency and trust in the process of election.
To reach this goal, the AP will cryptographically sign the data and publish its cryptographic key via the Chainlink-based Everipedia data oracle because it connects real data, such as election results, to the blockchain.
Are cryptocurrencies like Bitcoin Cash and Bitcoin SV worthy of being called leaders?
Many cryptocurrencies that are truly valuable for the crypto community are still somewhere at the bottom of the rating list by their capitalization. Of course, Bitcoin and Ethereum are indisputably important, but they are technologically outdated. Bitcoin remains valuable as an asset, and Ethereum will soon have an Eth 2.0 update that will make the network more scalable and productive. Most likely, they will remain the kings of the crypto market.
As for the rest, many cryptocurrencies are clearly out of place. Such as Bitcoin Cash and Bitcoin SV are just slightly improved clones of bitcoin. Why do we need another Bitcoin? Ripple remains unchanged. Stellar, for example, is more productive, and transaction fees are almost insignificant.
They should be replaced by more advanced blockchain projects. For example, ChainLink creates a whole decentralized infrastructure of blockchain oracles that link external data to smart contracts. Thanks to that, DEX exchanges with reliable data can be created. Binance Coin (BNB) is used for many tasks: discounts on commissions, staking, participation in crypto exchange projects, and much more. And the Tezos ecosystem supports applications that build a decentralized economy. These are some of the few examples of projects that have earned their place of honor.
However, recently we have seen that the cryptocurrency market is becoming more advanced, and some worthy projects are appearing. In September, LINK and DOT tokens surpassed even Bitcoin Cash by capitalization. Unfortunately, it did not last long, so the path of the crypto market formation is still in its early stage.
Many cryptocurrencies that are truly valuable for the crypto community are still somewhere at the bottom of the rating list by their capitalization. Of course, Bitcoin and Ethereum are indisputably important, but they are technologically outdated. Bitcoin remains valuable as an asset, and Ethereum will soon have an Eth 2.0 update that will make the network more scalable and productive. Most likely, they will remain the kings of the crypto market.
As for the rest, many cryptocurrencies are clearly out of place. Such as Bitcoin Cash and Bitcoin SV are just slightly improved clones of bitcoin. Why do we need another Bitcoin? Ripple remains unchanged. Stellar, for example, is more productive, and transaction fees are almost insignificant.
They should be replaced by more advanced blockchain projects. For example, ChainLink creates a whole decentralized infrastructure of blockchain oracles that link external data to smart contracts. Thanks to that, DEX exchanges with reliable data can be created. Binance Coin (BNB) is used for many tasks: discounts on commissions, staking, participation in crypto exchange projects, and much more. And the Tezos ecosystem supports applications that build a decentralized economy. These are some of the few examples of projects that have earned their place of honor.
However, recently we have seen that the cryptocurrency market is becoming more advanced, and some worthy projects are appearing. In September, LINK and DOT tokens surpassed even Bitcoin Cash by capitalization. Unfortunately, it did not last long, so the path of the crypto market formation is still in its early stage.
More than 800 Starlink satellites on the orbit
SpaceX recently launched 60 Internet Starlink satellites, expanding its constellation, which now contains 835. However, not all of them are operational because they were used just for the test. This launch was performed from Florida’s Kennedy Space Center.
It is a naturally impressive show of SpaceX’s ability to maintain a fast and frequent pace of launches, which has this year focused mostly on delivering its own Starlink satellites to orbit.
The company has already launched almost 300 new Starlink satellites since June and has big plans for the next month.
SpaceX recently launched 60 Internet Starlink satellites, expanding its constellation, which now contains 835. However, not all of them are operational because they were used just for the test. This launch was performed from Florida’s Kennedy Space Center.
It is a naturally impressive show of SpaceX’s ability to maintain a fast and frequent pace of launches, which has this year focused mostly on delivering its own Starlink satellites to orbit.
The company has already launched almost 300 new Starlink satellites since June and has big plans for the next month.
Reddit users chose bitcoin over sex!
The number of subscribers of the r/Bitcoin subreddit exceeded the same indicator of the most popular forum on the topic of sex.
The bitcoin forum has more than 1.7 million subscribers, and the r/sex subreddit has 1.69 million users.
At the moment, r/Bitcoin is ranked 198th in the list of the largest subreddits.
The most popular post is a message from December 1, 2017, that bitcoin broke the $10,000 mark. The post received more than 48,000 likes.
Another the most popular news is the refusal of English singer Lily Allen from a fee of 200,000 BTC for a concert in 2009.
Most often, users ' attention is attracted by messages about bitcoins found on old wallets, as well as about buying expensive cars using cryptocurrency.
The second most popular cryptocurrency subreddit is r/Cryptocurrency, which has 1.1 million subscribers.
In May, Reddit launched a beta testing program to reward users with Ethereum tokens for posting content.
The number of subscribers of the r/Bitcoin subreddit exceeded the same indicator of the most popular forum on the topic of sex.
The bitcoin forum has more than 1.7 million subscribers, and the r/sex subreddit has 1.69 million users.
At the moment, r/Bitcoin is ranked 198th in the list of the largest subreddits.
The most popular post is a message from December 1, 2017, that bitcoin broke the $10,000 mark. The post received more than 48,000 likes.
Another the most popular news is the refusal of English singer Lily Allen from a fee of 200,000 BTC for a concert in 2009.
Most often, users ' attention is attracted by messages about bitcoins found on old wallets, as well as about buying expensive cars using cryptocurrency.
The second most popular cryptocurrency subreddit is r/Cryptocurrency, which has 1.1 million subscribers.
In May, Reddit launched a beta testing program to reward users with Ethereum tokens for posting content.
Blockchain developer Zulu Republic with liquidity provider Alameda Research and Whalepool traders announced a service for withdrawing funds from the OKEx cryptocurrency exchange.
They offer users to withdraw bitcoins and USDT through specially created tokens of the ERC-20 standard NOBTC and NOUSDT.
The exchange works automatically via an OKEx account and corresponding smart contracts in a 1:1 ratio.
At the moment, NOBTC on the decentralized exchange Uniswap is worth about 0.9 BTC.
The service is aimed at institutional investors – the minimum order amount is 100 BTC (more than $1.2 million).
Users are required to pay a 1% Commission for each swap and a regulatory review fee. For canceling the swap if OKEx suddenly opens a withdrawal, the client must also pay 1% of the transaction amount. According to Zulu CEO
Daniele Sestagalli, five institutional investors, took advantage of the offer in the first hours.
Token developers emphasize that customers using the service do it "at their own risk". Alameda CEO Sam Bankman-Fried suggested that the OKEx administration will resume withdrawing funds only in a few weeks or months.
Earlier, the Tron Foundation announced the termination of the program for restoring funds to OKEx users since the exchange blocked the organization's accounts.
They offer users to withdraw bitcoins and USDT through specially created tokens of the ERC-20 standard NOBTC and NOUSDT.
The exchange works automatically via an OKEx account and corresponding smart contracts in a 1:1 ratio.
At the moment, NOBTC on the decentralized exchange Uniswap is worth about 0.9 BTC.
The service is aimed at institutional investors – the minimum order amount is 100 BTC (more than $1.2 million).
Users are required to pay a 1% Commission for each swap and a regulatory review fee. For canceling the swap if OKEx suddenly opens a withdrawal, the client must also pay 1% of the transaction amount. According to Zulu CEO
Daniele Sestagalli, five institutional investors, took advantage of the offer in the first hours.
Token developers emphasize that customers using the service do it "at their own risk". Alameda CEO Sam Bankman-Fried suggested that the OKEx administration will resume withdrawing funds only in a few weeks or months.
Earlier, the Tron Foundation announced the termination of the program for restoring funds to OKEx users since the exchange blocked the organization's accounts.
Kik Messenger and SEC
A judge approved an agreement between The United States Securities and Exchange Commission (SEC) and the developer of the Kik messenger in the 2017 token sale case. The decision means that charges of violating securities laws by the Kin token are dropped and removes obstacles to trading the asset.
The Canadian company will pay a $5 million fine. It also commits to report to the regulator any transactions related to reserves in the Kin storage within the next three years.
"The SEC did not ask to register Kin as the security. Before this decision, the possibilities of the token at the leading exchanges looked limited. Now we can get a listing on platforms that previously expressed such interest, " the company expects.
A judge approved an agreement between The United States Securities and Exchange Commission (SEC) and the developer of the Kik messenger in the 2017 token sale case. The decision means that charges of violating securities laws by the Kin token are dropped and removes obstacles to trading the asset.
The Canadian company will pay a $5 million fine. It also commits to report to the regulator any transactions related to reserves in the Kin storage within the next three years.
"The SEC did not ask to register Kin as the security. Before this decision, the possibilities of the token at the leading exchanges looked limited. Now we can get a listing on platforms that previously expressed such interest, " the company expects.
Kanye West and the podcast with Joe Rogan. Thoughts that the bitcoin community will liberate America and humanity.
When the conversation turned to the first cryptocurrency, West noted that Twitter founder Jack Dorsey made the social network decentralized "two months before the pandemic, because he spoke with representatives of the bitcoin industry."
Kanye West believes that representatives of the bitcoin industry have an idea of what true freedom will be for Americans and humanity. It was they and the guys from the technology industry who were able to use new information channels and create the next boundary of our existence.
West has attracted the attention of the bitcoin community before. In April 2018, he spoke about the need for decentralization and mentioned the first cryptocurrency.
Recall that in late September, Dorsey said that bitcoin and blockchain technology determine the future of Twitter. He plans to create a public DLT platform with the social network as a client.
When the conversation turned to the first cryptocurrency, West noted that Twitter founder Jack Dorsey made the social network decentralized "two months before the pandemic, because he spoke with representatives of the bitcoin industry."
Kanye West believes that representatives of the bitcoin industry have an idea of what true freedom will be for Americans and humanity. It was they and the guys from the technology industry who were able to use new information channels and create the next boundary of our existence.
West has attracted the attention of the bitcoin community before. In April 2018, he spoke about the need for decentralization and mentioned the first cryptocurrency.
Recall that in late September, Dorsey said that bitcoin and blockchain technology determine the future of Twitter. He plans to create a public DLT platform with the social network as a client.
Hackers hacked the website of the campaign headquarters of US President Donald Trump and left a message that they were able to get access to "secret information". The data allegedly proves the involvement of the US government in the "emergence of coronavirus" and Trump's collusion with other States to change the election results.
Fraudsters also left the addresses of two wallets for collecting Monero cryptocurrency. One of them was intended for those who would like to publish "secret information", the other — for those who want to keep the information secret. The hackers promised to calculate the collected amounts and, based on this, decide what to do with the compromising data.
"It's time to let the world know the truth. Several devices were hacked that gave full access to Trump and his relatives, " the hackers said.
Fraudsters also left the addresses of two wallets for collecting Monero cryptocurrency. One of them was intended for those who would like to publish "secret information", the other — for those who want to keep the information secret. The hackers promised to calculate the collected amounts and, based on this, decide what to do with the compromising data.
"It's time to let the world know the truth. Several devices were hacked that gave full access to Trump and his relatives, " the hackers said.
Stablecoin DAI as a bridge between Ethereum Classic and Ethereum
The developers of Ethereum Classic Labs and ChainSafe Systems have announced the launch of a new bridge between the Ethereum Classic and Ethereum. With DAI, users will be able to exchange assets.
The goal of the partnership is to make the decentralized finance sector (DeFi) more accessible to the ETC community.
The new tool uses a technology that locks assets in smart contracts with the issuance of the corresponding number of tokens.
The launch of the ChainSafe Systems-managed bridge is scheduled for November 18. Users will finally get access to the third most popular stablecoin used in DeFi applications after Tether and USDC.
Earlier, the developers of Ethereum Classic Labs decided to strengthen the protection of the network from future attacks 51% by involving law enforcement agencies and regulators.
The developers of Ethereum Classic Labs and ChainSafe Systems have announced the launch of a new bridge between the Ethereum Classic and Ethereum. With DAI, users will be able to exchange assets.
The goal of the partnership is to make the decentralized finance sector (DeFi) more accessible to the ETC community.
The new tool uses a technology that locks assets in smart contracts with the issuance of the corresponding number of tokens.
The launch of the ChainSafe Systems-managed bridge is scheduled for November 18. Users will finally get access to the third most popular stablecoin used in DeFi applications after Tether and USDC.
Earlier, the developers of Ethereum Classic Labs decided to strengthen the protection of the network from future attacks 51% by involving law enforcement agencies and regulators.
Russian Blockchain Voting system for 7.2 million rubles
The authorities of the Sverdlovsk region placed a tender for the development of a blockchain system with the requirement of complete anonymity.
The Department of Informatization and communication of the Sverdlovsk region posted a tender on the state procurement website. The initial price of the contract amounts to 7.2 million rubles without VAT.
The system should take into account the votes anonymously, and the selection of candidates should be carried out in an "intuitive way", according to the documentation. A confirmation function is also required. The developer must prepare requisites for four groups of users: an observer, a voter, members of the election commission, and the system administrator. One of the main points of the contract is the requirement that voters` information should be received in real-time but not available to any user, including the administrator, until the end of voting. At the end of voting, the results will become unchangeable.
C. H. Communications Company won the tender for 4.86 million rubles. But the contract was suspended. V41 Company, the second participant, filed a complaint, pointing to the non-admission to the competition.
Is this an important step for the implementation of the blockchain system or another theft of money?
The authorities of the Sverdlovsk region placed a tender for the development of a blockchain system with the requirement of complete anonymity.
The Department of Informatization and communication of the Sverdlovsk region posted a tender on the state procurement website. The initial price of the contract amounts to 7.2 million rubles without VAT.
The system should take into account the votes anonymously, and the selection of candidates should be carried out in an "intuitive way", according to the documentation. A confirmation function is also required. The developer must prepare requisites for four groups of users: an observer, a voter, members of the election commission, and the system administrator. One of the main points of the contract is the requirement that voters` information should be received in real-time but not available to any user, including the administrator, until the end of voting. At the end of voting, the results will become unchangeable.
C. H. Communications Company won the tender for 4.86 million rubles. But the contract was suspended. V41 Company, the second participant, filed a complaint, pointing to the non-admission to the competition.
Is this an important step for the implementation of the blockchain system or another theft of money?