Day: February 26, 2020

Bitcoin Hits Three-Week Low as Coronavirus Spreads to Europe, US

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Bitcoin fell to its three-week low as investors’ concerns about the fast-spreading Coronavirus continued to hurt global market sentiment. The benchmark cryptocurrency was trading at $9,081 during the early morning trade in Europe, down by up to 2.41 percent. The move downside extended bitcoin’s weekly losses to 8.87 percent, confirming that its medium-term bullish sentiment took a hit from mounting global concerns. Bitcoin price dips across all the major spot exchanges | Source: TradingView.com Health officials in the US and Europe earlier this week warned the public about the growing…

What are cryptocurrency exchangers and key user security risks

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The more widespread cryptocurrency becomes – the more fraud involving it is happening in the industry. The majority of scammers are drawn to cryptocurrency exchangers, because they present the highest concentration of cryptocurrency. A cryptocurrency exchanger is a service where people can exchange traditional fiat currency into cryptocurrency and vice versa, along with exchanging cryptocurrencies into other cryptocurrencies, such as BitCoin into Ethereum, or LiteCoin into Ripple, for example. There are classical crypto exchangers and P2P (peer to peer) exchangers. A classic exchanger is an exchange service that charges a…

March’s Free PS Plus Games – There’s Good News & There’s Bad News

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March’s Free PS Plus Games – There’s Good News & There’s Bad News Published: February 26, 2020 11:36 AM UTC According to an advertisement on Polish site GRYOnline.pl, next month’s PlayStation Plus games are Shadow of the Colossus and Sonic Forces. Sony gets one fabulously right and one amazingly wrong in March’s PlayStation Plus freebies. | Source: Christian Petersen/Getty Images/AFP An ad on a Polish website appears to have leaked March’s PlayStation Plus games. The games featured in the ad are Shadow of the Colossus and Sonic Forces. The leak…

Major Steam Search Upgrade is Terrible For Your Bloated Game Library

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Major Steam Search Upgrade is Terrible For Your Bloated Game Library Published: February 26, 2020 10:49 AM UTC Steam’s shiny new search features should now make it easier than ever to sort through the piffle and find games worth playing. New search features will help you shell out more money in adding to your bloated Steam game library backlog. | Source: CCN screeenshot/Steam Valve has introduced a host of changes to the Steam search function. The update introduces new filtering options, quality of life improvements, and infinite scroll. The changes…

S.Korea Coronavirus Cases Hit 1,250 but JPMorgan Warns of 10,000 Peak

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South Korea just confirmed the total number of coronavirus patients to be 1,261. Thousands of people that attended two churches who had priests confirmed with the virus are now being diagnosed. A study suggests coronavirus cases in South Korea could well surpass 10,000. South Korea just announced 115 new confirmed cases of coronavirus, taking the total tally to a 1,261. As the epidemic widely spreads, JPMorgan analyst JJ Park said that the number could well surpass 10,000. Why is coronavirus spreading so fast in South Korea? The government of South…

Australian Minister Slams Gov’t for Weak Response to Ransomware ‘Epidemic’

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On Feb. 24, Tim Watts, Australia’s Shadow Assistant Minister for Cybersecurity, has published an article in the Financial Review on Feb. 24, criticizing the country’s government for its response to the 2019 “ransomware epidemic.” Watts states that Australia was not immune to last year’s ransomware outbreaks, citing a Victorian government regional health network that shut down their systems after becoming infected. The incident resulted in multiple surgeries being delayed.  Watts also notes that during late Jan. 2020, Melbourne-based global transport company Toll “lost the use of up to 1,000 servers…

Next Step Mobile Surveillance: How You Walk, Your Heartbeat – Why Bitcoin Matters to Combat Government Privacy Invasion

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It may sound like something from a dystopian cyberpunk movie, but payment providers could soon be validating transactions by the way users walk, their heartbeat, veins, and more. Mastercard has recently revealed they “have been testing heartbeat, vein technology, and the way people walk to authenticate people.” The high tech proposal, designed to fight hackers and increase convenience, could be a serious issue for people viewing such measures as unnecessary and invasive, where Bitcoin solves many of the challenges facing online finance already. Also read: Wikileaks Gathers $37M in BTC…

MoneyGram Expands Ripple Partnership with $11.3 Million

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According to filings through the Securities and Exchange Commission (SEC), money transmission network MoneyGram has gained over $11 million from the blockchain-based payments firm Ripple Labs. In a press release by MoneyGram, the company stated it had received funds from Ripple divided over two quarters: in the fourth quarter, $8.9 million, and $2.4 million in the third, totaling $11.3 million. Its revenue for Q4 was reported to be $323.7 million. “MoneyGram continued to expand its strategic partnership with Ripple as the first money transfer company to scale the use of…

Hong Kong’s Handout During Coronavirus Crisis Explained

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Hong Kong is removing tax on businesses and giving away cash in 2020. Coronavirus crashed the tourism industry and has placed the housing market vulnerable to a correction. Hong Kong’s economy could struggle to recover over the next five years. Desperate times call for desperate measures, and the government of Hong Kong is bumping up its spending to help its residents as coronavirus fears intensify. Every permanent resident above the age of 18 will receive around 10,000 HKD, worth around $1,300. In the foreseeable future, at least until the end…

Hong Kong’s Handout During Coronavirus Crisis Explained

boss

Hong Kong is removing tax on businesses and giving away cash in 2020. Coronavirus crashed the tourism industry and has placed the housing market vulnerable to a correction. Hong Kong’s economy could struggle to recover over the next five years. Desperate times call for desperate measures, and the government of Hong Kong is bumping up its spending to help its residents as coronavirus fears intensify. Every permanent resident above the age of 18 will receive around 10,000 HKD, worth around $1,300. In the foreseeable future, at least until the end…