A Kent pensions company which relied on ‘misleading’ professional advice has been fined £40,000 by the Information Commissioner’s Office for being responsible for sending nearly two million direct marketing emails without consent. An ICO investigation found that Grove Pension Solutions Ltd of London Road, Halstead, Sevenoaks, Kent was responsible for 1,942,010 emails promoting its services. The emails were sent between 31 October 2016 and 31 October 2017. The ICO found that Grove Pensions Solutions Ltd had instructed a marketing agent to use third party email providers to carry out hosted marketing…
Month: March 2019
Singapore-Based Crypto Exchange DragonEx Has Been Hacked
Singapore-based exchange DragonEx says it has been hacked for an undisclosed amount in a number of cryptocurrencies. DragonEx announced the news on its official Telegram channel on Monday, stating that, on Sunday, March 24, it had suffered a cyberattack that saw cryptocurrency funds owned by users and the exchange “transferred and stolen.” No information has yet been provided on the value of the losses. On Sunday, apparently as the breach was first being discovered, DragonEx first took its platform offline saying it was upgrading its systems. Later the same day, it…
Community-Led Pan-African Blockchain Standards Org Publishes Draft ICO Guidelines
The African Digital Asset Framework (ADAF) — a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent — published the first version of its guidance for initial coin offerings (ICO) on March 25. ADAF is supported by the African Digital Asset Foundation (which shares the same acronym) — a non-profit organization and open-source project founded in November 2018, which aims to encourage self-regulation and foster the establishment of legal and technical standards that would support digital trade between the African continent and the diaspora. According to…
Crypto Exchange Offering Revenue Sharing and Copy Trading to Launch in Arabic and English
A crypto exchange says it aims to offer “an exceptional user experience for all traders on its platform, regardless of their experience level,” delivering support for multiple languages and sharing revenue among users. Pukkamex argues that many of the services dominating the industry right now are clunky, slow and vulnerable to crashing during crucial trades, something that can be disastrous for seasoned traders when prices are volatile. The company claims that its infrastructure eliminates unscheduled outages, meaning trades “will always be processed instantly, even during times of peak demand.” The exchange…
Vehicle ECU Software – ATM Chiptuning
The engine control unit can be considered the brain of any vehicle as it controls everything about the vehicle. Starting from transmission to fuel consumption if the control unit is not performing at its best the results will be something that is unwanted. With this the importance of Vehicle engine control unit software can be well judged. המשך לאתר הנותן שירות עבור שיפורים לרכב Function of the ECU – תוכנת ניהול מנוע Modern vehicles be that an SUV or trucks are complex machines and they need to perform well so…
Bitcoin Price Stumbles Below $4,000; No Fret, A Swift Rebound is Coming
In the past several hours, the bitcoin price slipped below the $4,000 mark from $4,035 to $3,934, recording a 1 percent drop against the U.S. dollar. Given the fact that it took nearly three weeks for bitcoin to break out of the $3,000 region and reach $4,000, the sudden drop in the price of bitcoin below the $4,000 level initially led traders to reconsider the near-term price trend of the dominant cryptocurrency. 1-Day Chart of Crypto Market Valuation (Source: Coinmarketcap.com) However, as bitcoin fell, many alternative cryptocurrencies and major crypto…
Spanish Banking Giant Santander Clarifies Crypto ‘Confusion’
Santander Bank wrongly gave Ripple fans hope when a member of its support team tweeted the following on Friday: Hey Wes, we’re doing great. We’re using XRP for international payments to 18 EU countries and the USA. This is on our iPhone app called One Pay FX. ^TC — Santander UK Help (@santanderukhelp) March 23, 2019 xCurrent 4.0 to Provide “Seamless” Access to xRapid Santander announced last year they were using xCurrent, Ripple’s answer to SWIFT. The bank messaging protocol provides real-time tracking and quick settlement for banks. xRapid, on…
Spanish Banking Giant Santander Clarifies Crypto ‘Confusion’
Santander Bank wrongly gave Ripple fans hope when a member of its support team tweeted the following on Friday: Hey Wes, we’re doing great. We’re using XRP for international payments to 18 EU countries and the USA. This is on our iPhone app called One Pay FX. ^TC — Santander UK Help (@santanderukhelp) March 23, 2019 xCurrent 4.0 to Provide “Seamless” Access to xRapid Santander announced last year they were using xCurrent, Ripple’s answer to SWIFT. The bank messaging protocol provides real-time tracking and quick settlement for banks. xRapid, on…
Bitmain Says Now-Lapsed IPO Made Firm More Transparent, Reveals Appointment of New CEO
Chinese crypto mining titan Bitmain’s filing to list an initial public offering (IPO) on the Hong Kong Stock Exchange (HKEx) has officially expired, according to an updated list of now-lapsed applications on the HKEx website on March 26. In a blog post published the same day, the company acknowledged that its IPO application was now inactive, and simultaneously revealed the appointment of a new CEO, Mr. Haichao Wang. As reported yesterday, Bitmain’s IPO filing — published in English and Chinese on Sept. 26, 2018 — was set to imminently reach…
CoinMarketCap Will Alter Listing Metrics After Latest Fake Volume Research
Cryptocurrency market data resource CoinMarketCap (CMC) has promised to rearrange how it ranks member exchanges after research found overwhelming evidence of fake volume. The company confirmed the upcoming changes on social media on March 25. CMC is arguably the industry’s best-known tracking service for the market cap of Bitcoin (BTC) and altcoins, as well as for the activity on exchanges trading them. However, last week, research from cryptocurrency index fund provider Bitwise claimed that CMC hosts almost entirely fake volume statistics. This in turn deceives investors and inflates the profile…