The backend infrastructure of the Retadup Monero cryptojacker which is estimated to have infected over 850,000 computers across the globe has been destroyed by the Cybercrime Fighting Center (C3N) of the French police service.
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CCN.com
French Cops Trick Monero Cryptomining Botnet to Self-Destruct on 850,000 Computers
The Monero cryptojacking malware Retadup has been taken down by the French police in conjunction with Avast cybersecurity company.
Forwarded from Minter Network
A beta version of #MBANK will launch a mechanism for buying and selling BIP at the official price, for which top 100 delegators will be voting using the #COIN coin. Also with this coin, delegators will be voting for the top projects to be granted the right to sell BIP on #MBANK.
For buyers, the mechanism will not be much different from what is observed today—one sends BTC and gets BIP in return. In the new version though, all BIP purchased via #MBANK will be counted, and users will be able to sell that very amount at the highest priority. The logic is simple: if you buy here, you might as well be the first to sell here.
Top 100 delegators will be the second most-prioritized layer. Every day, they will have to vote for the price and for the best project, thus receiving the right to place any amount for sale. Eventually, their BIP will be sold proportionally to their stake. If a delegator does not vote or place an order, their slot will be given to the Projects layer. That is reasonable: not all delegators will be willing to sell on a daily basis.
Top 10 projects (the number will be extending) with karma’ed addresses and delegators’ votes will be able to place sell orders of any volume. The coins will be sold proportionally to the votes cast in favor (according to the size of the voter’s stake).
The next layer is Team, and after it—if no one is willing to sell—DAO.
The order book of the alpha version will be disabled, but anyone will be able to place a sell order through a direct link and request BTC in exchange or sell custom coins with payments via BTC, other major cryptocurrencies, or bank cards. For scam prevention purposes, only top projects with karma will be allowed to sell custom coins.
Now then, what will the beta include?
– Price voting by top 100 delegators
– Project voting by all participants of the network
– Fast entry and exit for anyone who prefers MBank as a primary exchange spot
– Top 100 delegators selling proportionally to their stake (payouts once every 24 hours)
– Top 10 projects selling proportionally to the votes cast in their favor (payouts once every 24 hours)
What do I do?
– If you are a user: buy and sell through #MBANK
– If you are a delegator: increase your stake, vote for the price and projects, sell proportionally to your share
– If you have a project: sell BIP proportionally to your votes; sell custom coins to your clientele who will pay using a bank card
Haven’t reached the list of top 100 delegators or top 10 projects? Don’t plan to create your own coin or buy anything on #MBANK? The answer is, wait for the instant conversion feature that will be delivered by Liquidity Providers right into your wallet. You’ll be able to choose a currency, provide your bank details, and withdraw the funds. Already today, as many as three Providers have started integration with our resources to implement instant conversion operations.
For buyers, the mechanism will not be much different from what is observed today—one sends BTC and gets BIP in return. In the new version though, all BIP purchased via #MBANK will be counted, and users will be able to sell that very amount at the highest priority. The logic is simple: if you buy here, you might as well be the first to sell here.
Top 100 delegators will be the second most-prioritized layer. Every day, they will have to vote for the price and for the best project, thus receiving the right to place any amount for sale. Eventually, their BIP will be sold proportionally to their stake. If a delegator does not vote or place an order, their slot will be given to the Projects layer. That is reasonable: not all delegators will be willing to sell on a daily basis.
Top 10 projects (the number will be extending) with karma’ed addresses and delegators’ votes will be able to place sell orders of any volume. The coins will be sold proportionally to the votes cast in favor (according to the size of the voter’s stake).
The next layer is Team, and after it—if no one is willing to sell—DAO.
The order book of the alpha version will be disabled, but anyone will be able to place a sell order through a direct link and request BTC in exchange or sell custom coins with payments via BTC, other major cryptocurrencies, or bank cards. For scam prevention purposes, only top projects with karma will be allowed to sell custom coins.
Now then, what will the beta include?
– Price voting by top 100 delegators
– Project voting by all participants of the network
– Fast entry and exit for anyone who prefers MBank as a primary exchange spot
– Top 100 delegators selling proportionally to their stake (payouts once every 24 hours)
– Top 10 projects selling proportionally to the votes cast in their favor (payouts once every 24 hours)
What do I do?
– If you are a user: buy and sell through #MBANK
– If you are a delegator: increase your stake, vote for the price and projects, sell proportionally to your share
– If you have a project: sell BIP proportionally to your votes; sell custom coins to your clientele who will pay using a bank card
Haven’t reached the list of top 100 delegators or top 10 projects? Don’t plan to create your own coin or buy anything on #MBANK? The answer is, wait for the instant conversion feature that will be delivered by Liquidity Providers right into your wallet. You’ll be able to choose a currency, provide your bank details, and withdraw the funds. Already today, as many as three Providers have started integration with our resources to implement instant conversion operations.
Over the half of the world’s top 50 universities offer cryptocurrency classes to their students, a recent study by Coinbase revealed.
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CoinDesk
Coinbase Study Says 56% of Top 50 Universities Have Crypto Classes
Compared to last year, twice as many university students, or 18 percent, partook in a crypto or blockchain class.
Cryptocurrency trading and payments will not be subject to taxation in Portugal, according to the country’s tax authority.
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Cointelegraph
Portugal Tax Authority: Bitcoin Trading and Payments Are Tax-Free
The Portuguese Tax and Customs Authority clarified that there is no income tax on Bitcoin and cryptocurrency in the country
📨 #DeCenterDaily
💵 Billionaire-owned investment firm Elwood Asset Management plans to launch a USD 1 billion venture that will focus on cryptocurrency hedge funds.
via The Block
🗓 Telegram Open Network (TON) is reportedly expected to release the code needed to run a node on its blockchain on September 1.
via CoinDesk
🇨🇳 No bank account will reportedly be necessary to use China’s central bank digital currency (CBDC).
via Cointelegraph
🔐 Decred cryptocurrency has launched a privacy mixing feature.
via Modern Consensus
🤝 Ethereum client Besu has become the latest project to join the Hyperledger family.
via Decrypt
💵 Billionaire-owned investment firm Elwood Asset Management plans to launch a USD 1 billion venture that will focus on cryptocurrency hedge funds.
via The Block
🗓 Telegram Open Network (TON) is reportedly expected to release the code needed to run a node on its blockchain on September 1.
via CoinDesk
🇨🇳 No bank account will reportedly be necessary to use China’s central bank digital currency (CBDC).
via Cointelegraph
🔐 Decred cryptocurrency has launched a privacy mixing feature.
via Modern Consensus
🤝 Ethereum client Besu has become the latest project to join the Hyperledger family.
via Decrypt
📨 #DeCenterDaily
♻️ Telegram Open Network (TON) will be compatible with Ethereum blockchain, according to sources familiar with the matter.
via CoinDesk
👨⚖️ Craig S Wright intends to appeal a USD 5 billion ruling.
via Modern Consensus
🇹🇭 Thailand-based cryptocurrency exchange Bitcoin Co. has abruptly shut down.
via The Block
🇧🇷 Brazil’s leading payment processor has started accepting Bitcoin.
via Decrypt
🇨🇳 Top cryptocurrency exchange Binance released its predictions about China’s upcoming stablecoin.
via Modern Consensus
♻️ Telegram Open Network (TON) will be compatible with Ethereum blockchain, according to sources familiar with the matter.
via CoinDesk
👨⚖️ Craig S Wright intends to appeal a USD 5 billion ruling.
via Modern Consensus
🇹🇭 Thailand-based cryptocurrency exchange Bitcoin Co. has abruptly shut down.
via The Block
🇧🇷 Brazil’s leading payment processor has started accepting Bitcoin.
via Decrypt
🇨🇳 Top cryptocurrency exchange Binance released its predictions about China’s upcoming stablecoin.
via Modern Consensus
Major cryptocurrency exchange Binance has acquired a digital asset derivatives trading platform.
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📨 #DeCenterDaily
🗓 VanEck and SolidX are reportedly going to sell a “limited version” of Bitcoin ETF to institutional investors soon.
via The Block
🏦 HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.
via CoinDesk
💵 Tether plans to release a version of the stablecoin backed by a basket of commodities.
via Cointelegraph
📈 Bitcoin’s dominance rate has reached a 30-month high.
via CoinDesk
🇯🇵 Crypto inquiries in Japan continue to drop for the fifth quarter in a row.
via The Block
🗓 VanEck and SolidX are reportedly going to sell a “limited version” of Bitcoin ETF to institutional investors soon.
via The Block
🏦 HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.
via CoinDesk
💵 Tether plans to release a version of the stablecoin backed by a basket of commodities.
via Cointelegraph
📈 Bitcoin’s dominance rate has reached a 30-month high.
via CoinDesk
🇯🇵 Crypto inquiries in Japan continue to drop for the fifth quarter in a row.
via The Block
Germany-based Burger King now accepts Bitcoin payments in its delivery website and mobile application.
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Cointelegraph
Burger King Starts Accepting Bitcoin for Online Orders in Germany
Burger King in Germany now accepts Bitcoin payments in its mobile application
Big four accountant PricewaterhouseCoopers (PwC) will enable its customers to pay with Bitcoin starting October 1.
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📨 #DeCenterDaily
👛 Major cryptocurrency wallet provider Blockchain dot com is reportedly raising USD 50 million for a venture capital fund.
via The Block
🗣 Blockchain forensics firm Elliptic has raised USD 23 million in a Series B funding round led by SBI Holdings.
via CoinDesk
🇺🇸 U.S. asset management firm Franklin Templeton Investments has filed a preliminary prospectus with the SEC for a government money market fund with a focus on blockchain-based shares.
via Cointelegraph
📑 According to a survey by financial analytics company Cindicator, the biggest threat to Libra could be Amazon’s crypto project.
via ccn
📝 Blockchain has become the newest of the 28 technologies on the 2019 Gartner Hype Cycle for Digital Marketing and Advertising.
via Modern Consensus
👛 Major cryptocurrency wallet provider Blockchain dot com is reportedly raising USD 50 million for a venture capital fund.
via The Block
🗣 Blockchain forensics firm Elliptic has raised USD 23 million in a Series B funding round led by SBI Holdings.
via CoinDesk
🇺🇸 U.S. asset management firm Franklin Templeton Investments has filed a preliminary prospectus with the SEC for a government money market fund with a focus on blockchain-based shares.
via Cointelegraph
📑 According to a survey by financial analytics company Cindicator, the biggest threat to Libra could be Amazon’s crypto project.
via ccn
📝 Blockchain has become the newest of the 28 technologies on the 2019 Gartner Hype Cycle for Digital Marketing and Advertising.
via Modern Consensus
Christine Lagarde, a former chief of the International Monetary Fund (IMF) and currently a nominee for the presidency of the European Central Bank, has called for a measured approach to monitoring digital currencies.
Learn More »
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The Block
Lagarde calls for measured approach to monitoring digital currencies
Christine Lagarde, nominee for the presidency of the European Central Bank, has issued a statement to the Economic and Monetary Affairs Committee of the European Parliament in which she lays out the principles that will guide her approach if her nomination…
📨 #DeCenterDaily
🔋 Sinochem Energy Technology Co Ltd. is reportedly holding negotiations with Royal Dutch Shell and Macquarie Group regarding the joint development of an energy blockchain platform.
via Reuters
📱 Samsung is rolling out a new Galaxy Note 10 edition that will come with a pre-installed cryptocurrency wallet.
via CoinDesk
🇺🇸 The U.S. National Security Agency (NSA) is supposedly working on a quantum-resistant cryptocurrency.
via Cointelegraph
🗣 Vitalik Buterin has expressed “strong confidence” about phase zero of Ethereum 2.0.
via Decrypt
⏬ Coinbase and Ripple have lost their spots on LinkedIn’s top 10 U.S. startups list.
via The Block
🔋 Sinochem Energy Technology Co Ltd. is reportedly holding negotiations with Royal Dutch Shell and Macquarie Group regarding the joint development of an energy blockchain platform.
via Reuters
📱 Samsung is rolling out a new Galaxy Note 10 edition that will come with a pre-installed cryptocurrency wallet.
via CoinDesk
🇺🇸 The U.S. National Security Agency (NSA) is supposedly working on a quantum-resistant cryptocurrency.
via Cointelegraph
🗣 Vitalik Buterin has expressed “strong confidence” about phase zero of Ethereum 2.0.
via Decrypt
⏬ Coinbase and Ripple have lost their spots on LinkedIn’s top 10 U.S. startups list.
via The Block
Apple Pay vice president Jennifer Bailey has told CNN that Apple is “watching cryptocurrency.”
Read More »
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CoinDesk
Cryptocurrency Has 'Long-Term Potential,' Says Apple Exec
Apple is "watching cryptocurrency," according to an executive at Apple Pay.
Forwarded from – Гордеев, что с криптой?
So there is a question if a BIP, native coin of Minter, should be stable, valued at $1 for example. The answer is simple: Hell, No!
The nature of money is to be adjustable to the needs of people, or agents as typically referred in economic theories. Money as a grand child of goods must be valued by the demand in the community, and every stabilisation, I mean to the cent, is simply making a market unfair for some of us. When we talk about pegged or algorithmic crypto-dollars we are not stabilising the situation but rather bringing it to one simple understanding for everyone. As then we all convert USD to our local currencies or use it to value services.
BIP can and will be used to create stable coins, but only to serve niche need of communities, projects and countries. And those coins will be stable regardless of the ventures in relatively outside world. For example USD is pretty stable for US citizens but doubled in price for Russians and Ukrainians.
Stability is the key to success of any economy, but comes as a result, but not a goal.
The nature of money is to be adjustable to the needs of people, or agents as typically referred in economic theories. Money as a grand child of goods must be valued by the demand in the community, and every stabilisation, I mean to the cent, is simply making a market unfair for some of us. When we talk about pegged or algorithmic crypto-dollars we are not stabilising the situation but rather bringing it to one simple understanding for everyone. As then we all convert USD to our local currencies or use it to value services.
BIP can and will be used to create stable coins, but only to serve niche need of communities, projects and countries. And those coins will be stable regardless of the ventures in relatively outside world. For example USD is pretty stable for US citizens but doubled in price for Russians and Ukrainians.
Stability is the key to success of any economy, but comes as a result, but not a goal.
☝🏻 Subscribe for more cryptonomics-related insights! @egordeev