Lets clear out some Oyster Pearl FUD

I completely understand why some people dislike PRL. The project intends to provide storage data in return for some CPU power when you browse select websites that use the script.

However, many people mindlessly accuse PRL of being bad for doing so. Because who would want to get “stolen” out of CPU power when you can just use ad blockers, or even if you don’t use ad blockers? As a result, many people end up spreading lies and FUD without having proper information about these different situations.

In order to lighten the air and clear some things up, I’m going to give you guys some info and some facts.

1

Both AdBlockers and ads themselves use CPU power

Which means that people saying “I’m better off using adblock or watching ads because they don’t use CPU processing power” are wrong.

2

Can’t I just mine?

When you mine, you are actively competing with miners, not to mention your electricity use will be much much higher, mining is in an entirely different category. Oyster mining or “diving” differs from regular mining, it’s different and it’s designed to be lightweight and only use a small CPU %.

3

Getting rid of ads is so simple, other projects do the same

You see, getting rid of ads is just one of the many things that Oyster can do. While the project does get rid of ads, it can also allow for anonymous storage and dApps which will be implemented after their Mainnet release, not to mention Oyster can be implemented into apps in order to allow for ad-free applications which means less cost in order to own apps and more screen space, as well as not having annoying publicity displayed on loading screens and such.

4

Won’t Oyster Pearl use a lot of CPU power?

Simply put, no. Oyster Pearl implements a technology called “fragile loop”, which means it can monitor the browser performance in real time so it can reduce the burden on the CPU should it start using too much processing power. Oyster intends to use about as much CPU % as normal ads, which means you shouldn’t have to worry about anything, a website as Oyster should perform the same as any other ad-full website.

5

Do users have to setup anything in order to run Oyster?

No. Oyster is activated by adding a few script code lines by the website developers, which means end users do not have to do anything in order to run the script.

6

Can anti-virus/anti-malware block Oyster Pearl?

Oyster is very similar to the Cookie Law in the way that it runs automatically, however, users themselves can block it because it’s a script. However, given the fact that it has no impact on the performance, as previously explained, users will not have a reason to block the script from running and it’s only recommended they do run it so that they can compensate the websites which will be earning PRL.

7

CPU processing power usage clarification

Oyster has been coded to perform with the same CPU usage % when compared to advertisements on a webpage. As different web pages can have a different number of advertisements, the CPU usage % can vary a bit (but not much).

Whether you see ads or use adblock, both of these will use about the same CPU %. When you do the switch to Oyster, you are getting rid of both, which means technically, that since you will be using the same extra CPU % as ads or the adblocker were previously using, you should have no CPU performance impact, or at least a very negligible one. However, several other things go beyond what I can explain.

A website might, for instance, run the Oyster script as well as use ads, which means it will have more processes running in your own CPU, which in fact means you will use more CPU %! Now, I’m not sure if having adblock enabled on a page where it’s not needed will use the same CPU % as if it was blocking ads on that page, but if it does indeed use that extra CPU power even though it’s not filtering ads, then that means that for users who have adblock + Oyster you will be using extra CPU power %.

While I want to bring meaningful information and insight into the table, as well as clearing FUD. I cannot 100% confirm Oyster will not use extra processing power because different situations have different outcomes. An example is what I previously said, a website can run ads and also use Oyster.

Notably, if all websites were to deactivate ads and nobody needed to use adblockers and thus, run Oyster alone, you should be using about the same CPU % as without Oyster, but since all websites dropping ads is actually something that most likely won’t happen, then we’ve got to take into account these different factors.

I should also further clarify that all the previous examples were referring to one tab open on one browser.

If we decide to bring the discussion into how adblockers scale and compare to Oyster running on several tabs on one browser, then CPU % starts to differ. You see, whether you run adblock on one tab or multiple, the CPU % won’t increase by much. However when running Oyster on different tabs, each tab will run the process and thus use more CPU %. Effectively making Oyster more energy dispendant than adblockers.

Now, take note Oyster can be deactivated. Oyster by nature will have a default “cookie law”-like popup that will warn you and allow you to cancel Oyster to be ran on your PC should you want that.

 

These are only a few questions and answers in order to clear up some doubts about the project. While Oyster Pearl might or might not survive and be mass adopted, it’s clearly a project anyone should be looking forward to. It has great potential and it might just be what we need in order to get rid of the annoying website ads that we all hate.

 

Disclaimer: I do not own any PRL nor do I intend to.

Oyster Pearl Website

Oyster Pearl Whitepaper

If you’d like to read more about ad purging cryptocurrencies, perhaps take a look at our latest BAT news article.

If you found this helpful consider donating. More information in my “About” page.

Crypto Coin Basic

The regulator of Luxembourg warns of the risks of investing in the ICO and cryptocurrencies

The financial regulator in Luxembourg (CSSF) has issued a warning about the risks associated with investments in cryptocurrency and ICO.

In the official document, the regulator notes that cryptocurrencies are not issued by any Central Bank, very volatile, and trades are often not fully transparent. Also it refers to the lack of consumer protection and the risks of theft, as cryptocurrency exchanges are highly vulnerable to hackers. In addition, the regulator claims that the information about the cryptocurrency “is often incomplete, difficult to understand or does not reflect the related risks”.

According to the regulator, the ICO model is not proven, and the information about the tokens and the collected money is not verifiable.

The regulator of Luxembourg also said that he is positive to Blockchain, when it is not used in the field of cryptocurrencies and believes that the use of this technology “can bring certain advantages in the financial sector and in various innovative projects”.

Recently, other European regulators have also expressed skepticism about the cryptocurrency and ICO. The Federal financial supervision authority of Germany (BaFin) published the risks associated with investing in cryptocurrency and ICO. In November 2017, the European authority for securities and markets (ESMA) warned investors about the high risks ICO.

The post The regulator of Luxembourg warns of the risks of investing in the ICO and cryptocurrencies appeared first on FineCrypto.

FineCrypto

Employee cryptocurrency exchanges in Dubai stole $200,000

According to the newspaper Khaleej Times in Dubai, the local cryptocurrency trading platform caught the employee who was stealing cryptocurrencies. According to preliminary data, he has appropriated 800 000 AED ($ 218 000). The name of the exchange, as well as the employee’s name is not disclosed.

The defendant is an expert in the management systems of cryptocurrency trading. He was able to bypass the software that was used to record cryptocurrency transactions.

The employee took a small percentage of the funds traded on the stock exchange. He used his access to the system to create fake accounts. In the database of the platform, he added untrue information.

According to the employer, reasons to suspect that employee was not.

The company’s management found that cryptocurrency transaction was inconsistent and did not match the records in the system. But, because of the lack of experience in implementation of security systems, identifying the fraud immediately failed. Moreover, the whole team used the administrator account to access the web site. The accused slowly accumulated converted amount, and was caught after the discovery of files on his personal computer. He used fake user names and accounts when communicating with the customers (possible customers) to the Internet. The stolen funds he wanted to spend on buying a home, but his dreams were shattered when the company filed a lawsuit against him.

The exchange’s management asked the Department of examination and settlement of disputes in Dubai to investigate the incident and assessment of the damages suffered by the company.

The position of the UAE in respect of cryptomeria

Last year, UAE Central Bank warned the inhabitants of the country about the risks associated with cryptocurrencies. While the government regulates and does not prohibit digital currency, it also did not recognize them as legal tender. The regulator also warned users who were planning to invest in ICO about possible deceptive projects.

The bitcoin ICO of growing interest to the residents of the Emirates. According to Google Trends, the UAE is among the ten countries with the highest level of interest in bitcoin in the region.

The post Employee cryptocurrency exchanges in Dubai stole $ 200,000 appeared first on FineCrypto.

FineCrypto

SVK CRYPTO PODCAST 101 – Exclusive interview with the Founder of Trinity Network!

https://www.podbean.com/media/share/pb-t3syi-8d3cd2

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

In today’s episode we speak to the Founder of Trinity Network , David Yiling Li. We discuss the launch of Trinity’s testnet, the features they will be implementing in the future and how they plan on taking NEO from 1000 TPS to 100,000 TPS. 

Website: https://trinity.tech/

Twitter: https://twitter.com/TrinityProtocol

Telegram: https://t.me/TrinityStateChannels

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

Follow us on Twitter: https://twitter.com/SVK_Crypto

Visit our website: www.svkcrypto.com

Email us: cstorry@svkcrypto.com

SVK Crypto – Daily News Blog

Top Crypto News – 15/03/2018

Japan to Urge G20 Nations to Prevent Cryptocurrency in Money Laundering

G20-flag-760x400

Japan plans to urge its G20 counterparts next week to strengthen efforts to prevent cryptocurrencies from being used for money laundering, according to a government official, Reuters reported.

However, the likelihood of the G20 finance leaders to agree on specific global rules and discuss them in a joint communique are low, considering the differences in each country’s approach, the official said. Another official involved in the talks next week offered the same view.

One official said the discussion will address consumer protection and anti-money laundering measures, as opposed to cryptocurrency trading’s impact on the banking system.

G20 Officials Wary Of Strict Rules

The G20 members are reluctant to support strict regulations, the official said.

G20 Central bankers and finance ministers will meet March 19 and 20 in Buenos Aires. Cryptocurrencies is on the agenda.

The Financial Action Task Force (FATF), a group of 37 nations set up by the G7 industrial powers to counter illicit finance, will report its finding on keeping cryptocurrencies from being used in money laundering.

Policymakers in Japan are wary that while G20 nations agree action is needed, member nations have different levels of strictness in their regulations, creating loopholes for money laundering, according to one official.

Japan was the first nation to establish a nationwide system to monitor cryptocurrency trading. The country checked on several exchanges this year following the heist of $ 530 million from the Coincheck Inc. exchange.

European Leaders Seek Action

Germany and France have committed to making joint proposals to regulate bitcoin. A European Union official said a short-term strategy could apply rules on anti-money laundering and terrorist financing, and warn consumers about the risk of trading cryptocurrencies and prevent banks from holding them.

The challenge nations face, according to Japanese officials, is to apply regulations to prevent illicit activity and protect consumers without undermining cryptocurrency and fintech innovation.

Written by CCN.com

Soft, Hard or Velvet? New Fork Promises Crypto Upgrades Without Controversy

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Velvet has always been a sign of nobility, but in the crypto space, it’s now the name adorning a new and promising way for upgrading blockchain software.

At least that’s the hype behind “velvet forks,” a mechanism for upgrading cryptocurrency code that has some high-profile crypto enthusiasts intrigued.

“We think the most interesting part is the idea that you can introduce some new concepts to permissionless blockchains without necessarily having a majority of consensus participants agree to do so,” said Imperial College London research assistant Alexei Zamyatin.

And that complex statement cuts to the core of why Zamyatin and others believe velvet forks might be beneficial.

In short, in the cryptocurrency space, there have long been two types of forks that people generally discuss – soft forks and hard forks.

While soft forks are seen as less disruptive in that they’re backwards-compatible, they can still be controversial when used to initiate changes not all cryptocurrency users agree with. Further, hard forks are generally seen in a dubious light since they can split a blockchain in two if not all users decide to update to the new rules.

With velvet forks, however, some researchers think the cryptocurrency world can get around some of the disruptive politics that generally bog down major code changes.

First coined by computer scientists working on building proofs that can potentially be used to improve sidechains, a layer-two cryptocurrency technology for pushing transactions off-chain, a velvet fork allows developers to add new rules to a blockchain without full support from the entire ecosystem.

According to Zamyatin, “It’s not rocket science. It’s a pretty simple concept.”

As such, Zamyatin and several other researchers co-authored a new paper that dives deeper into where the mechanism can be applied, which he presented during the Financial Crypto 2018 conference in Curacao at the beginning of the month.

The new paper states:

“The velvet fork […] does not require support of a majority of participants and can potentially avoid rule disagreement forks from happening altogether.”

In the wild

Simply, a fork is a way to upgrade a cryptocurrency system to support important new rules, and throughout the history of multiple cryptocurrency protocols, forks have been used often.

From the hard fork that split ethereum into a competing cryptocurrency ethereum classic to less controversial forks like the one used to move bitcoin to a new signature scheme to the ever-growing number of forks designed to not only create new cryptocurrencies with new features, but also make entrepreneurs (or scammers) substantial amounts of money, forks have become a part of life in the cryptocurrency ecosystem.

But these mechanisms come with a fair amount of controversy much of the time, which is partly why Zamyatin and other academics are so interested in the velvet fork approach.

In the December 2017 paper where velvet forks were first mentioned, the mechanism is described as one that allows for “gradual deployment” without harming the miners that haven’t upgraded to the new rules. In this way, it acts similar to a soft fork in that clients that upgrade to new rules are still compatible with those that don’t.

Further, the paper states that velvet forks require “no rule modifications to the consensus layer,” what some see as advantageous since these are the rules everyone in the system needs to agree with, or everything will break.

While it hasn’t become widely-used as a way of upgrading, velvet forks exist in the wild today in various forms (although researchers argue there wasn’t an official name for the mechanism before this recent wave of research).

For example, the decentralized mining pool P2pool regularly uses a velvet fork of sorts.

Since there is no one entity (replacing that with code instead) that controls the payments dispersed to the miners of the pool for their work, the pool created a second blockchain with an easier difficulty that only miners part of the pool can contribute to. This blockchain is used to gauge how much computing power each miner is contributing, so the protocol can pay them out proportionally.

Even though the blocks generated by P2pool use these extra rules, miners that don’t play by these same rules still accept P2pool’s blocks.

As such, P2pool is an example of a “velvet fork” because the blocks (from both their proprietary blockchain and the bitcoin blockchain) live side-by-side in harmony, without causing a split.

Bias and bribery

Still, velvet forks are a potential vulnerability.

Namely, the paper describes possible ways that velvet forks could be abused by bad actors for their own gain.

For instance, say a velvet is deployed. Zamyatin’s paper describes a scenario where some miners, called “velvet miners,” upgrade to new rules while others ignore the new rules. If the blocks that the velvet miners create are somehow more lucrative than regular blocks, the paper argues other miners could be “biased towards accepting upgraded over legacy blocks.”

“This, in turn, can have an unclear impact on the security assumptions of such systems, as current attack models mostly do not assume a variable utility of blocks,” the paper continues.

And Zamyatin himself described another attack vector, which involves “selfish mining.”

Selfish mining is a process whereby miners hide the fact that they’ve found a block, keeping other miners searching for that block while they move on to searching for the next block. This gives them a head start of sorts in also winning the next block. And according to Zamyatin, velvet forks could enable new opportunities here.

He told CoinDesk:

“I can bribe people to work on my chain. There’s no guarantee that I’ll win, but it could potentially offer an incentive to deviate from the protocol rules.”

Still, more research is needed, as Zamyatin admits he isn’t sure how serious these problems are in practice.

Opening the door

But both these vulnerabilities and the thought of the changes velvet forks might enable are reasons Zamyatin wants researchers to spend more time looking into velvet forks.

Although, Zamyatin acknowledges that velvet forks aren’t a silver bullet.

“This doesn’t work for something like Segregated Witness (SegWit) of course,” he said, referring to a bitcoin code change that fueled a two-year debate in the community over the technical direction of the protocol.

That said, it’s still potentially useful for other types of changes.

Zamyatin noted that he’s looking into how it might be possible to use a velvet fork for bringing GHOST, the protocol that ethereum was originally modeled after, to bitcoin. Because it completely restructures the system to try to speed things up, it likely wouldn’t get enough support for a soft or hard fork, and as such a velvet fork where some get to opt in while staying in consensus with those that don’t could be the only way.

And velvet forks might also help breath new life into older proposed innovations.

Cornell associate professor Emin Gün Sirer, for instance, said he “very much” likes the idea of using a velvet fork for adding the long-stalled Bitcoin-NG (standing for “next-generation”) protocol, an idea he pioneered which looks to improve throughput by rearranging the bitcoin blockchain, to the cryptocurrency.

“While [the paper is] short on the details, the overall idea of adding new functionality without incurring the risks and complication of either a soft or a hard fork is quite compelling,” Sirer told CoinDesk.

And perhaps most far-fetched but interesting of all, Zamyatin believes an even bigger vision could be realized with velvet forks.

He told CoinDesk:

“You could even have multiple versions running in parallel, perhaps even compatible to each other, and all this without necessitating often controversial soft or hard forks.”

Velvet image via Shutterstock

 

 

Bitcoin Drops to $ 8,030 as Cryptocurrency Market Continues to Slump

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The price of bitcoin dropped by over 9 percent in the last 24 hours, as it declined from around $ 9,100 to $ 8,030. The valuation of the cryptocurrency market, which hovered in the $ 400 billion region last week, decreased to $ 336 billion.

All Cryptocurrencies Decline

Today’s correction isn’t exclusive to bitcoin. All major cryptocurrencies including Ethereum, Bitcoin Cash, Ripple, Cardano, and Litecoin have declined in value, at a similar rate as bitcoin. Ethereum recorded a daily loss of 10 percent, while Ripple and Bitcoin Cash both decreased by just over 9 percent.

Some analysts have attributed the decline in price of cryptocurrencies to the ICO hearing participated by US representatives and government officials, in which several representatives including Carolyn Maloney, Representative for New York’s 12th congressional district, claimed that the cryptocurrency market is a bubble.

The negative comments of US representatives followed a report released by $ 81 billion investment firm Allianz, which claimed that bitcoin has no intrinsic value and therefore, could fall in price. “In our view, its intrinsic value must be zero. A bitcoin is a claim on nobody – in contrast to, for instance, sovereign bonds, equities or paper money – and it does not generate any income stream,” said the firm’s global economics and strategy head Stefan Hofrichter.

However, the lack of intrinsic argument often brought up by experts in the traditional finance industry has been refuted by both cryptocurrency and technology experts on many occasions, as CCN reported.

The combination of the US ICO hearing, Mt. Gox sell off, overall market performance over the past month, and negative media coverage are contributing to the decline in the value of the cryptocurrency market.

Currently, the media is not portraying the innovative developments being pursued within the cryptocurrency industry, especially the increasing adoption of cryptocurrencies in regions like Japan and South Korea. Last week, CCN extensively reported about South Korea’s largest internet conglomerate Kakao, which operates KakaoTalk, KakaoPay, KakaoTaxi, KakaoStory, and Dunamoo (UpBit), focusing on cryptocurrency development.

In fact, after reports around Kakao integrating cryptocurrencies and introducing the asset class to 12,000 merchants, 200 million KakaoTalk users, and millions of KakaoPay and KakaoTaxi users were released, Kakao invited Cardano creator and Ethereum co-founder Charles Hoskinson to their headquarters in Seoul.

Despite the rising adoption of cryptocurrencies and innovative developments being led by the bitcoin, Ethereum, Cardano, and Litecoin open-source developer communities along with other blockchain projects, the lack of momentum in the price of major cryptocurrencies is fueling the price fall of bitcoin.

Recovery

Today, on March 14, the price of bitcoin fell dangerously close to the $ 7,000 region, and given that it dipped below $ 8,030, it is possible that bitcoin could fall to the $ 7,000 mark in the short-term, which would be a steep decline from its weekly high at $ 11,400.

While most cryptocurrency analysts unanimously agree that bitcoin will likely recover in the mid-term, at least in the summer of 2018, it is unlikely that the price of most cryptocurrencies will spike up in the short-term.

Written by CCN.com

Block.one Responds to John Oliver after HBO Host Ribs EOS in Crypto Segment

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OliverBlock.one published an open letter in response to Last Week Tonight host John Oliver after the comedian ribbed the company’s flagship project — EOS — during Sunday’s cryptocurrency-themed episode.

John Oliver Ribs EOS, Brock Pierce in Crypto-Themed Episode

As CCN reported, Oliver devoted an entire episode to cryptocurrency, a topic which, in his words, “combines everything you don’t understand about money” with “everything you don’t understand about computers.”

Most viewers lauded Oliver for his overall balanced take on the ecosystem, but fans of blockchain project EOS took issue with the host’s characterization of this cryptocurrency — and its mammoth initial coin offering (ICO).

Specifically, Oliver poked fun at Block.one partner Brock Pierce, an early cryptocurrency adopter known for his eccentricities.

After playing several clips of Pierce, including one in which he discussed his “unicorn wedding,” Oliver said:

“I simply refuse to believe that a man who has the time to organize a unicorn wedding at Burning Man should be trusted around one and a half billion dollars. If someone turned up to mow your lawn and gave you that exact speech you would tell them, ‘No way! I don’t trust you with my lawn.’ He’s just gonna organize a warlock quinceañera on it.”

Oliver then extended his criticism to make EOS the poster-child of the ICO craze, which has seen a variety of dubious projects raise eye-popping amounts of capital.

“Who knows? Maybe EOS is going to be the next Google. I don’t think it is, and I certainly don’t think it can be worth over a billion dollars at this point, but I could be wrong. I’m absolutely not, but I could be,” Oliver concluded.

Block.One Responds to HBO Host

On Tuesday, Block.one responded to Oliver’s segment in an open letter published on the EOS blog.

In the statement, which was addressed to “Block Chainiver” (Oliver floated changing his name to increase his ratings, much as several companies have done in an apparent bid to pump up their share prices), Block.one said that the company enjoyed the segment and agreed with his overall points about doing proper research before investing cryptocurrencies.

However, the company also pushed back a bit against his criticisms, arguing that the company’s chief technical officer — Dan Larimer — is immensely qualified as a developer, given that he has built both BitShares and Steem. It also noted that Larimer and the other EOS developers are consistently making progress on developing the EOS blockchain and that these developments can be seen on the project’s Github repository.

Block.one also revealed that — prior to the Last Week Tonight segment — the company and Brock Pierce had mutually agreed to part ways as he “transitions to independent community building and investment activities.”

The company concluded its statement by acknowledging that there is room for improvement in the way in which it conducts corporate communications.

“As a growing company building value through an open source community as opposed to traditional avenues of proprietary software ownership, we are conscious of the importance of robust corporate communications,” the company said. “We take professional standards seriously and are always focused on raising the bar as our company transitions from startup to aggressive growth.”

Written by CCN.com

 

Privacy Coin Verge Has Its Twitter Hacked and Developer Doxed

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Verge Developer Sheds Some Privacy

Twitter account hijackings, while relatively uncommon, can happen to even the largest of accounts. They’ve happened to celebs, and in the crypto space they’ve happened to smaller players like Etherdelta and now Verge. When the XVG team regained access to their account, some hours after the hack, they instantly blamed AT&T, implying that the network had allowed itself to be socially engineered and the account ported over via SIM swap. This would be less embarrassing than if it were to emerge, for instance, that the project lead had failed to use 2FA.

After the hack had occurred, the compromised Verge account sent out the following message:

Privacy Coin Verge Has Its Twitter Hacked and Developer Doxed

It’s impossible to verify the claim that 1 billion XVG (or about 6% of the total supply) were stolen, though it seems unlikely. For one reason, if the account’s new owner was sitting on that much crypto, they’d have had no need to send out their next tweet, begging followers to send a little XVG to “receive more back”. The attacker seems to have just been having some fun in a community famed for its intolerance of negativity towards Verge.

Not FUD, Just News

XVG lead developer Justin was the target of the hack, which led to his personal account, as well as the official Verge account, being compromised, and his photo ID published. The Verge family were quick to suggest that the attacker acted because they had felt “threatened” by the altcoin’s ascendancy. They also blamed Twitter for the hack, in between asserting, perhaps in jest, that verge was “the real bitcoin”.

Privacy Coin Verge Has Its Twitter Hacked and Developer Doxed

While Verge’s Twitter account hasn’t had much luck with security, it’s fared better at developing a passionate and single-minded community. Once back in charge of its own account, Verge went on to retweet messages of support, including one which referred to “continuous attacks and FUD from those wanting to do harm to the coin”. In this case, the only harm seems to have been a loss of face for the lead developer, and perhaps a few XVG to anyone who was dumb enough to send money to the wallet address provided by the hacker. At least one community member shared the offending tweet in a Verge Telegram group, under the impression that the giveaway was real.

This particular incident hasn’t ended badly, assuming no coins were stolen and it was only a Twitter account that was temporarily taken. The case serves as a reminder, though, to everyone in crypto to use 2FA and be alert to signs of SIM swapping and other forms of social engineering.

Written by CoinDesk.com

SVK Crypto – Daily News Blog

SVK CRYPTO PODCAST 102 – Exclusive interview with Glen Goodman aka The Shares Guy!

https://www.podbean.com/media/share/pb-ie48w-8d4fe7

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

In today’s episode we speak to Glen Goodman aka The Shares Guy. He is a cryptocurrency investor and former business correspondent for the BBC and ITN. We get his views on the crypto market and how he first became interested in the space!

Website: https://www.thesharesguy.com/

Facebook: https://www.facebook.com/thesharesguy/

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

Follow us on Twitter: https://twitter.com/SVK_Crypto

Visit our website: www.svkcrypto.com

Email us: cstorry@svkcrypto.com

SVK Crypto – Daily News Blog

, Nobuaki Kobayashi denied involvement in the fall in the price of bitcoin

, Nobuaki Kobayashi, is responsible for the bankruptcy of Mt. Gox, once the largest cryptocurrency exchange, said that he did not believe that selling part of the entrusted funds in the amount of about $ 400 million in bitcoins (BTC) and Cash (BCH) became the reason of falling of the prices for bitcoin.

The Ambassador of publication of the next report meeting of creditors of Mt. Gox, it was reported that the mass sale of funds in BTC/BCH took place between the meeting of creditors in September 2017 and 7 March. Because of this many information related activities, Nobuaki Kobayashi with the collapse in the price of the cryptocurrency the number one. And we also published a special feature on this topic – Bitcoin again pulling the strings: the Tactics of the major cryptocurrency whale of Tokyo.

However, after the publication of today’s report, it became known that the funds of Mt. Gox was sold in the period from December 2017 to January 2018.

Kobayashi said that after consultations with experts, he “sold the BTC and BCC [BCH] not through the usual cryptocurrency exchange, but thus to avoid the influence of this transaction on the market price, while respecting all security measures as possible.”

Kobayashi commented on the transfers of BTC and BCH on the various addresses made during this period, stating that the fact of transfer is not evidence of the transaction:

Please do not look for a relationship between our selling BTC and BCC [BCH] and the behavior of prices. And so we should not associate this sale with a price drop on the market because it is an incorrect assumption.

Analysis correlation bitcoin and dates of sales of assets made by the English-language edition Cointelegraph, suggests that in the short term, the observed inverse correlation.

Kobayashi said that funds sold at a fair market price, and the time was chosen after consultation with the court. In addition, BTC and BCH were sold separately. As for the timing of the sale of the remaining funds, they have yet to be set .

Such statements, Nobuaki Kobayashi received protivorechivye reviews cryptosuite. Some of the commentators believe that even if a deal is not in exchange, it does not mean that it does not affect the price. Others tend to believe Kobayashi and believe in manipulating price, which led to its collapse, blame someone else.

The post , Nobuaki Kobayashi denied involvement in the fall in the price of bitcoin appeared first on FineCrypto.

FineCrypto

SVK CRYPTO PODCAST 103 – Exclusive interview with O3 Network!

https://www.podbean.com/media/share/pb-ziu8m-8d5f80

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

In today’s episode we speak to the Co-Founder of O3 Network, Apisit Toompakdee. We discuss the launch of their mobile NEO wallet, getting sponsored by the NEO council and more! 

Website: https://o3.network/

Twitter: https://twitter.com/O3_Labs

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

Follow us on Twitter: https://twitter.com/SVK_Crypto

Visit our website: www.svkcrypto.com

Email us: cstorry@svkcrypto.com

 

SVK Crypto – Daily News Blog

How to donate BAT tokens

The Basic Attention Token is another cryptocurrency startup aimed at purging online ads and trackers as well as allowing users to earn BAT tokens for free, which can later be donated to content publishers.

Today you will learn how to donate your earned tokens to your select and watched publishers!

1

After opening the Brave browser, open the Preferences tab, followed by going to the Payments page located on the left sidebar and then proceed to  turn On the Brave Payments feature.

This page allows you to check the monthly budget, which is the total amount of BAT tokens you donate, which will be split according to your desired destination as well as watched content.
Account balance allows you to check your earned BAT.
The lower part of the page has a publishers list. Publishers can also be verified (green check), which means they have applied to be a publisher in the BAT project, or, they can be other non-verified websites who also earn because people decided to reward them.

2

In order to currently donate, you must go to the Add Funds button, which is located to the right of the account balance. You can add money through the form of BTC, ETH, LTC or BAT.

Currently users are still not able to earn BAT tokens by browsing which means you must add funds in order to reward the publishers you like.

3

The basic process is done. Your added tokens will then be donated to your viewed publishers.

4

Extra Step

Should you wish, you can pin a specific publisher in order to donate a fixed % of your total tokens even though you don’t see (or vaguely see) their content. This is activated and controlled by clicking in on the pin button located in the Actions column within the publishers list. After that, you can go to the “%” column and set the percentage of the total tokens that you wish to donate to that specific publisher. You can pin multiple publishers.

 

As you can see, the process is extremely simple and easy. Soon, users will be able to earn BAT tokens in a free way just by using the Brave browser, and will then be able to donate all of those tokens.

I’m preparing a clear but detailed Basic Attention Token guide so if you want to read more on that then consider following the blog.

 

Disclaimer:

I do not own, nor have I ever owned, any BAT tokens.

If you want to read our previous BAT article, then follow this link.

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If you enjoyed the content please consider supporting me through a donation. Currently all the donations are put back into the development of the project, allowing me to start buying a domain and provide a better service!

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