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​​Samsung has started to trade for cryptocurrencies in Europe

Samsung began to sell the entire line of its goods for cryptocurrency in branded stores and partner stores in 3 EU countries - Estonia, Latvia and Lithuania. Testing of cryptocurrency payment is realized through the Belarusian payment system CopPay, which is popular in the Baltic States.

Samsung is ready to accept Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), NEM (XEM), Dash (DASH) and STEEM as payment. In addition, payment in cryptocurrencies will be available in Samsung online stores in the listed jurisdictions.
​​Hackers are mining Monero through Youtube and other sites

Havkers are finding new ways to take advantage of other people's resources to earn. Recently it was found out that malicious scripts even got to Youtube: through advertising on video hosting they used 80% of the power of victim computers to mine Monero.

A small investigation of analysts showed that two video scripts fall on video hosting. The first is the development of the hidden mining service Coinhive. For his use, Coinhive himself received 30% of the profits. The second script was developed by the hackers themselves. For the introduction of Java-scripts in advertising platform Google DoubleClick was used.

Attacks began on January 18, but the peak occurred on January 23 - that day users paid attention to the warnings of their antiviruses when they visited Youtube. Mainly affected residents of Japan, France, Italy, Spain and Taiwan.

But hidden browser miners are not the only tool for intruders. Often infected are the computers themselves. So, recently it turned out that the Smominru botnet secretly mined Monero with the help of the EternalBlue exploit.

This exploit, abducted by Shadow Brokers hackers from the NSA in 2016, was used to create the WannaCry virus and the WannaMine miner.

Since May 2017, Smominru has infected more than 526,000 computers, mostly servers running Windows. Every day they extract about 24 Monero tokens. The total profit for the entire period of use was about 8900 Monero.

The choice of Monero for hidden mining is quite logical: this crypto-currency is focused on increased anonymity of transactions.
​​Members of the European Parliament are ready to contribute to the development of the cryptocurrencies market

Cryptocurrencies should become a full-fledged part of the economic system, but they require regulation, member of the European Parity Sorin Moyse said within the framework of the meeting organized by the ORCA Alliance and EU40 in the European Parliament. Among the measures that are needed to implement , he mentioned about changes to the Anti-Money Laundering Directive and the ICO regulation rules.

Pēteris Zilgalvis, Head of the Startups and Innovation Division, DG CONNECT in the European Commission, announced the opening of the Blockchain Observatory in January 2018 which, in cooperation with specialists, will explore options for using Blockchain technology not only in finance.

Meanwhile, members of the European Parliament noted the importance of developing common rules for the regulation of the cryptocurrencies market at the state level in order to avoid double standards for cryptocurrencies in comparison with other regulated settlement methods. There are still normative holes and there are no clear definitions of key concepts of the cryptocurrencies market. This will require a political dialogue with the leadership of the EU member states.
​​Will South Korea and China simultaneously lift the ban on ICO conducting?

South Korea and China today signed an agreement on joint regulation and supervision of the cryptocurrency and ICO. The agreement was signed at the level of the South Korean Financial Supervision and Supervisory Committee of the People's Bank of China. This could mean the simultaneous lifting of the ban on ICO, which should occur after the approval of the recommendations of the G20 approximately in October 2018.

Earlier, the National Assembly of South Korea approved the following thesis: "We will create legal bases for the cryptocurrency trade, including the lifting of the ban on ICO and the establishment of the Standing Committee of the National Assembly." This position is supported by the ruling Democratic Party, and the Central Bank of South Korea received the government's approval for the creation of a national digital currency as part of a plan to phase out physical money by 2020.
​​Why Ethereum remains the most stable cryptocurrency

February began with the next drop in the rates of all сryptocurrencies. All, except Ethereum. The reasons for this stability are that the platform remains the most popular one for creating smart-contracts and conducting ICO.

In addition, there has been an increase in the number of transactions in Ethereum network due to an increase in the amount of users for projects implemented on the basis of "ethereum": Radar Relay, CryptoCribs, 0x and others.

Preference for Ethereum was expressed by the Venezuelan government: the state cryptocurrency, provided with Venezuelan oil, will be created on Ethereum.

Finally, transactions in Ethereum are cheaper than in other cryptocurrencies, and go faster (even CryptoKitties could not do anything about it).
​​Is Bitcoin the new euro?

The Baltic countries are showing more and more interest in cryptocurrencies. Today, one can pay cryptocurrencies for services in 30 places in Vilnius, 26 in Tallinn and 21 in Riga. Bitcoin ATMs are also installed in the capitals of Estonia and Lithuania.

The boom of cryptocurrency payments began with the services sector: restaurants, bars, hotels and souvenir shops. But now in the Baltics, cryptocurrencies are also accepted when dealing with real estate. At the same time, cryptocurrencies in the Baltic countries are not regulated, although Latvia has made attempts to define bitcoin.

By giving a move to cryptocurrencies, the Baltic States repeat the trend of the countries of Western Europe. The number of European stores that take bitcoin as a means of payment, already counts in the thousands. In the future, cryptocurrencies may become a full-fledged participant in the financial market of Europe on a par with the Euro, and in some ways even replace it.
​​Iran is about to release its national cryptocurrency

Iran could become the second country in the world to use the national cryptocurrency to bypass the US sanctions. The project involves the Central Bank of Iran (CBI), the Office of Scientific and Technological Issues Office of the country's President.

According to the employee of the Office Alireza Daliri, the national digital currency will be used in foreign trade in conditions when the US introduces a ban on Iran's use of the dollar for international payments.

Earlier, the Minister of Information and Communication Technologies of Iran, Mohammad-Javad Azari Jahromi, announced that the country had developed a national cryptocurrency based on blockchain technology, which will be tested by the banking system within 3 months. It can be used to support the national currency, and then applied as a token for transactions between commercial banks.
​​The most successful ICO start-ups of the this year

This year, the world market ICO has experienced a real boom. The Tokener journalists published a list of the most successful ICO projects of the outgoing year as of October.

Filecoin - $257 million
During the first 30 minutes after the ICO, crypto-currency investors provided the project with $200 million.

Tezos - $230 million
Three months after the end of the ICO, investors did not receive the promised tokens. During the last month, they filed two lawsuits against Tezos.

EOS - $185 million
The startup introduced a block-architecture that allows you to scale decentralized applications.

Paragon - $183 million
The project aims to create a safe and transparent accounting of doctors' registries, prescriptions and identifiers of marijuana.

Bancor - $153 million
The created solution allows you to exchange digital currencies without involving third-party exchange sites for any tokens to this process.
​​One can now take a loan for BNB (Binance) tokens

Tokens of Binance exchanger have become a full-fledged means of payment in the world of fiat money - one can take a loan for them and use BNB as collateral. The corresponding agreement was signed by Binance and the financial company Libra Credit, which is engaged in lending under cryptocurrency security.

This is the second such news about the integration of classical finance and the crypto-industry this week. Earlier it became known that the bank of Mike Novograts Galaxy Digital financed the BlockFi credit platform for $ 50 million for issuing loans secured by cryptocurrency.
​​In China, ICO, due to its ban, was replaced by "Initial miner offerings"

In China, ICO has been banned since September 2017. However, entrepreneurs are looking for alternative means of raising funds using cryptocurrencies. One such method is the so-called IMO (Initial miner offerings).

The essence of a method is that the companies sell the equipment for a mining by means of which a certain cryptocurrency or a token is mined. Miners who invested in the company receive tokens as a reward. Thus, funds are collected from investors and passed in exchange of tokens, as in the case of ICO. Since mining in China is not banned yet, formally IMO does not violate the law.

The National Internet Finance Association of China (NIFA) has already described IMO as a "financial activity and form of disguised ICO", citing several tokens associated with this scheme as an example. Lianke, LLT and BFC Points are among them. The Chinese industry association, in turn, is also warning investors against the risks associated with IMO.
​​Northern Trust supported hedge funds in working with cryptocurrencies

Northern Trust is one of the world's largest custodian funds, under the management of which there are assets worth $ 10.7 trillion - offered administration services to three unnamed large American hedge funds with a portfolio of Bitcoin and Ethereum. At the same time, special services have been created to service digital assets, which include validation, confirmation of cryptocurrency transactions and verification of compliance with KYC / AML procedures.

President of the Northern Trust for Corporate and Institutional Services Pete Cherecwich said that the time has come when any value, including national currencies, can be expressed in tokens. "We must understand how to store these tokens, evaluate them and do all that is necessary," mentioned the president of the Northern Trust.
​​Australia offered miners the cheapest electricity

In Australia, an old coal-fired power plant was reopened for the first time in order to sell electricity directly to miners, bypassing the power grid, which is a unique case in the practice of concluding energy contracts. This made it possible to generate a very low cost of kWh in a country that is known for high energy tariffs (an average of 22 cents for end users).

According to the owner of the Hunter Energy power station, the cost of a "coal" kilowatt for miners will be 8 cents in the afternoon and 5 cents at night, which is cheaper than in Iceland. The first contract for the purchase of 20 mW of electricity was concluded with a mining pool from China, which transferred the equipment to Australia, fearing legislative prohibitions on its territory.

In January, the Chinese government strongly recommended the owners of coal-fired power plants to stop providing preferential tariffs to miners, as this negatively affects the environment. After that, Bitmain announced the transfer of equipment from China to Switzerland, where is cheap hydropower. At the same time, the outflow of miners to Iceland began, where energy is extracted from geothermal sources, as well as to Sweden and Norway, where the energy tariffs are even lower. The owners of the Australian company view their decision as a precedent that can attract miners from China, where about 70% of the world's cryptocurrency production capacities are concentrated.
​​Significant person of the blockchain industry: Miko Matsumura

Miko Matsumura is the founder of the crypto exchange Evercoin and the venture partner of BitBull Capital. He invested in such tokens as FileCoin, Brave, CIVIC, Propy, Polymath and moreover, he is the investor in Lyft.

Being one of the main evangelists of the Java language, he participated in the development of the first wave of Internet projects. During his 25-year career in the Silicon Valley, he has attracted more than $ 50 million of venture capital for start-ups on the Open Source platform and more than $ 200 million in the framework of the ICO. He advises more than a dozen large ICO start-ups. He is also an LP with Focus Ventures, a company with more than $ 800 million under management.

Miko Matsumura holds a Master's degree in Neurobiology from Yale University, where he worked on abstract computational neural networks. He is the organizer of the Crypto Underground conference in San Francisco, and always performs around the world at events dedicated to cryptocurrencies and blockchain.

Do not miss the opportunity to enjoy the weekend in high-tech Dubai and discuss the latest news from the world of blockchain and AI along with Miko Matsumura!
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​​)Bitcoin Cash has grown by 250% in a year in the falling market

The most successful fork of the first cryptocurrency - Bitcoin Cash - increased the rate in the falling market after a year of existence by 250 and 2.8 times outperformed Bitcoin in the number of transactions. Roger Ver, the Bitcoin Cash development investor, said that on August 1 - BCH's birthday - the number of transfers in the hard-fork network exceeded 780,000. At the same time, the commission for BCH transfers remains lower than in the Bitcoin network.

Bitcoin Cash appeared on the initiative of a group of developers who were in favor of increasing the block size in the Bitcoin network. August 1, 2017, the coin rate was $ 284, August 2 - $ 433, after a year - $ 696.75.

Roger Ver and his followers call the coin "true bitcoin," because BCH fully corresponds to the philosophy of the first cryptocurrency. Other Bitcoin forks, which are many, did not become and 10% as successful as Bitcoin Cash. The capitalization of this cryptocurrency is $ 11.967 733 474 billion.
​​Litecoin can be sent via Telegram

The Litecoin founder Charlie Lee posted a link in his Twitter account to the new Lite.IM software, which allows to interact with Litecoin blockchain using text commands. Charlie Lee offered his subscribers to test Lite.IM and try to make a transfer. The beta version of Lite.IM for transferring cryptocurrency through Telegram uses a special bot. Team Zulu Republic - the developer of the new application - said that it chose Telegram as the most secure messenger.

As Lite.IM develops, the function of interaction with Litecoin via SMS will be added to it, which will allow making transfers without access to the Internet. Such an opportunity will be appreciated by residents of regions with low availability of Internet networks, as well as mobile phone owners. According to statistics, based on Zulu Republic, out of 4 billion mobile subscribers only 33% use smartphones. Thus, the potential audience of applications for interacting with blockchains via text SMS exceeds 2.6 billion people. As in this case, the security of the application from interception of SMS will be ensured, the developer promises to tell when adding a new function.
​​Japanese banks are launching a payment application on Ripple's blockchain

Japanese SBI Net Sumishin Bank, Suruga Bank and Resona Bank in the autumn are planning to launch a smartphone application called MoneyTap, which will run on the Ripple's blockchain. All three banks are members of a Japanese banking consortium led by SBI Ripple Asia, a joint venture between Ripple and the financial giant SBI Holdings.

As noted in Ripple, the new application will allow customers of these banks to conduct internal transactions 24 hours a day and seven days a week without the usual time restrictions imposed by traditional bank transfers. To do this, you can use your bank account number, phone number or QR code.

Now the application is under testing. After, its launch is planned in other 61 Japanese member banks of the consortium.
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Details of the sale of the tokens:
Type of the token: ERC20
Type of payment accepted: ETH
Tokens for sale: 3,500,000,000 ITokens
Soft Cap: $ 10,000,000
Hard Cap: $ 30,000,000
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Minimal purchase: 1000 ITokens

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ERN’s goal is to provide innovative and state-of-the-art technological solutions to address existing issues most crypto-enthusiasts face.

Problem 1. Media Sharing Platform’s uneven distribution of revenues where only the platform gets more than the users.
The Ern Solution: Listern Audio Platform - A decentralized audio sharing platform implementing a decentralized rewards system for creators, advertisers, and listeners.

Problem 2. The Problem in Mining Cryptocurrencies: high electricity costs, and slow return on investment.
The Ern Solution: Mindé Pocket Miner A revolutionary Pocket Mining Device and a digital wallet, packed with features such as WiFi and Bluetooth connectivity, cold wallet storage, touchscreen interface, powerbank function, and a camera.

Ern Token (ERN)
ERN token is an ERC-20 token released on Ethereum blockchain. With ERN tokens, you can purchase Earn’s products and services such as the Mindé Pocket Miner. ERN Project team’s goal is to provide innovative and state-of-the-art technological solutions to address existing issues crypto enthusiasts face.

The current dilemma of mining cryptocurrencies are expensive hardware, rising electricity costs, and slow return of investment. That is why, for its flagship product, ERN Project is introducing the concept of a pocket mining device. Mindé Pocket Miner will be the first handheld device powered with innovative and creative technology that supports crypto wallet installation and mobile mining.

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