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DASH/USD and LTC/USD Technical Analysis July 31, 2017

Hello and welcome to News BTC’s Market Outlook July 31. DASH/USD DASH fell a bit during the day on Friday, looking for support. We should be seen buyers reenter the market somewhere close to the $180 level, so on a bounce in that general vicinity I’d be willing to buy again. The market has seen … Continue reading DASH/USD and LTC/USD Technical Analysis July 31, 2017

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Hello and welcome to News BTC’s Market Outlook July 31. DASH/USD DASH fell a bit during the day on Friday, looking for support. We should be seen buyers reenter the market somewhere close to the $180 level, so on a bounce in that general vicinity I’d be willing to buy again. The market has seen … Continue reading DASH/USD and LTC/USD Technical Analysis July 31, 2017

The post DASH/USD and LTC/USD Technical Analysis July 31, 2017 appeared first on NEWSBTC.

ETH/USD and ETH/BTC Technical Analysis July 31, 2017

Hello and welcome to News BTC’s Market Outlook July 31. ETH/USD Ethereum markets fell slightly against the US dollar on Friday, slicing through the $200 level. It now looks as if we are going to pull back a bit further, and I anticipate that we should see support near the $180 level, and most certainly … Continue reading ETH/USD and ETH/BTC Technical Analysis July 31, 2017

The post ETH/USD and ETH/BTC Technical Analysis July 31, 2017 appeared first on NEWSBTC.

Hello and welcome to News BTC’s Market Outlook July 31. ETH/USD Ethereum markets fell slightly against the US dollar on Friday, slicing through the $200 level. It now looks as if we are going to pull back a bit further, and I anticipate that we should see support near the $180 level, and most certainly … Continue reading ETH/USD and ETH/BTC Technical Analysis July 31, 2017

The post ETH/USD and ETH/BTC Technical Analysis July 31, 2017 appeared first on NEWSBTC.

Top 5 Internet Security Practices to Staying Safe Online

internet securityWhen Tim Berners-Lee was designing the technology that would herald the Information Age, he searched for a name that would complement the intricate “network” of linked pages and sites. He eventually settled for the name “web” which is how the World Wide Web got its name. However, the words “web” and “net” both have negative connotations. A web is what a spider weaves to trap unsuspecting flies while a net is used for catching fish. If you know anything about Snowden’s leaks, you would realize how apposite the name is. It’s All One Giant Trap That’s right! The world wide

internet security

When Tim Berners-Lee was designing the technology that would herald the Information Age, he searched for a name that would complement the intricate “network” of linked pages and sites. He eventually settled for the name “web” which is how the World Wide Web got its name.

However, the words “web” and “net” both have negative connotations. A web is what a spider weaves to trap unsuspecting flies while a net is used for catching fish. If you know anything about Snowden’s leaks, you would realize how apposite the name is.

It’s All One Giant Trap

That’s right! The world wide web is one giant trap that lures in more than two billion flies every year. It is a place where everything you do leaves a digital trail. And that trail leaves you open to monitoring and surveillance.

So what must you do to feel at ease when willingly wandering around this web? Here are a few things you can use more cautiously to keep your personal data safe from online snoopers:

5. Private Search Engine

Search engines log your browsing history, geo-location, preferences and then build your personalized profile. Your profile is then sold either to third parties that want to sell you their products or to law enforcement agencies. Make it a point to use a search engine that does not log your history and keep your browsing activities private.

4. Cloud services

Today, we use clouds to store all sorts of personal data from photos and videos to office memos and excel sheets. However, using cloud services based in the US, UK and France and a number of other countries can leave your personal data open to snooping. That’s because these countries are known to be tolerant to snooping by law enforcement agencies. Hence, make it a point to check which country the cloud service is based in and don’t forget to read their terms and conditions before you start saving data on it.

3. Encrypted Email Services

When it comes to emails, simply follow one rule – DO NOT use any free emails services! Free emails are abundant and that in itself, is quite suspicious to begin with. However, you want to know what should be more suspicious? A US-based free email service. Yes! Any email service based in US or UK is a “no go” since they’re more vulnerable to government surveillance and snooping in the name of national security. So, instead of going for a free email service, try out a paid one.

2. Torrent VPNs

For many movies junkies, the best type of entertainment is “free”. It’s no wonder then why tormenting has become so popular over the years. However, with increasing DMCA scrutiny over tormenting activities, it would really pay to remain anonymous when downloading your favorite movies and TV shows. One of the simplest, most effective ways to do so is with a Torrent VPN. A Torrent VPN shields your IP address and anonymizes your online activity so you can go about your daily online activities without the fear of DMCA scrutiny.

1. Password Managers

Lastly and most importantly, make sure you do not save passwords in your browser or on your desktop or hard drive. Instead, use a paid password-management app to save all your login credentials to your favorite sites. While you’re at it, make sure you work on password complexity by using a combination of uppercase, lowercase and numerals. This will make them virtually impossible to crack.

As a rule of thumb, try to convince yourself that you can no longer trust any commercial company that handles electronic communication for free. And, with the surge in cybercrimes and government surveillance over the years, it would certainly payoff to be extra vigilant when using the internet.

We hope you found these online security tips useful. Do let us know or leave us a comment to let us know what you think is the most important online security tip of 2017. Until next time, ciao!

Author Bio:

Anas Baig is a Cyber Security Journalist & Tech Reporter. He has been featured on major media outlets including TheGuardian, Lifehacker Australia, CIO, ITProPortal, Infosec Magazine, Tripwire and many others. He writes about online security and privacy, IoT, AI, and Big Data. If you’d like to get in touch, please send an email to [email protected] or follow him on Twitter @anasbaigdm.

BTC/USD and BTC/JPY Technical Analysis July 31, 2017

Hello and welcome to News BTC’s Market Outlook July 31. BTC/USD Bitcoin rallied again that during the day on Friday, reaching towards the 2800 level. It now looks as if we’re going to make a move towards the 3000 level, but the short-term charts to find small pullbacks as you can use as value. As … Continue reading BTC/USD and BTC/JPY Technical Analysis July 31, 2017

The post BTC/USD and BTC/JPY Technical Analysis July 31, 2017 appeared first on NEWSBTC.

Hello and welcome to News BTC’s Market Outlook July 31. BTC/USD Bitcoin rallied again that during the day on Friday, reaching towards the 2800 level. It now looks as if we’re going to make a move towards the 3000 level, but the short-term charts to find small pullbacks as you can use as value. As … Continue reading BTC/USD and BTC/JPY Technical Analysis July 31, 2017

The post BTC/USD and BTC/JPY Technical Analysis July 31, 2017 appeared first on NEWSBTC.

Ethereum Price Technical Analysis – ETH/USD Upside Break?

Key Highlights ETH price gained bids recently and moved above the $192.00 resistance against the US Dollar. There was a break above a bearish trend line at $188 on the hourly chart of ETH/USD (data feed via SimpleFX). The price is currently struggling to move above the 100 hourly simple moving average and the $196 … Continue reading Ethereum Price Technical Analysis – ETH/USD Upside Break?

The post Ethereum Price Technical Analysis – ETH/USD Upside Break? appeared first on NEWSBTC.

Key Highlights ETH price gained bids recently and moved above the $192.00 resistance against the US Dollar. There was a break above a bearish trend line at $188 on the hourly chart of ETH/USD (data feed via SimpleFX). The price is currently struggling to move above the 100 hourly simple moving average and the $196 … Continue reading Ethereum Price Technical Analysis – ETH/USD Upside Break?

The post Ethereum Price Technical Analysis – ETH/USD Upside Break? appeared first on NEWSBTC.

Will Bitcoin Cash Impact the Bitcoin Price? Traders Split on Possible Fork – CoinDesk


CoinDesk

Will Bitcoin Cash Impact the Bitcoin Price? Traders Split on Possible Fork
CoinDesk
Bitcoin traders may soon be able to bet on their preferred version of the blockchain. As if a years-long debate over the network’s technical roadmap wasn’t dramatic enough, Tuesday could see yet another twist in bitcoin’s scaling debate. That’s when a
Bitcoin Just Avoided a Massive Breakup, But It’s Getting a Little One InsteadFortune
Bitcoin Shift Could Cause Tax Headaches For Some UsersForbes
Hard Forking For Dummies: 2 Simple Rules to Access Your Bitcoin CashBitcoin News (press release)
99 Bitcoins (blog) –Bitcoinist –CoinTelegraph
all 69 news articles »

CoinDesk

Will Bitcoin Cash Impact the Bitcoin Price? Traders Split on Possible Fork
CoinDesk
Bitcoin traders may soon be able to bet on their preferred version of the blockchain. As if a years-long debate over the network's technical roadmap wasn't dramatic enough, Tuesday could see yet another twist in bitcoin's scaling debate. That's when a ...
Bitcoin Just Avoided a Massive Breakup, But It's Getting a Little One InsteadFortune
Bitcoin Shift Could Cause Tax Headaches For Some UsersForbes
Hard Forking For Dummies: 2 Simple Rules to Access Your Bitcoin CashBitcoin News (press release)
99 Bitcoins (blog) -Bitcoinist -CoinTelegraph
all 69 news articles »

Ethereum Classic Price Technical Analysis – Can ETC/USD Gain Pace?

Key Highlights Ethereum classic price after finding support below $13.50 against the US Dollar started a recovery. There was a break above a crucial bearish trend line with resistance near $14.00 on the hourly chart of ETC/USD (Data feed via Kraken). The price is still below the $14.50 resistance and the 100 hourly simple moving … Continue reading Ethereum Classic Price Technical Analysis – Can ETC/USD Gain Pace?

The post Ethereum Classic Price Technical Analysis – Can ETC/USD Gain Pace? appeared first on NEWSBTC.

Key Highlights Ethereum classic price after finding support below $13.50 against the US Dollar started a recovery. There was a break above a crucial bearish trend line with resistance near $14.00 on the hourly chart of ETC/USD (Data feed via Kraken). The price is still below the $14.50 resistance and the 100 hourly simple moving … Continue reading Ethereum Classic Price Technical Analysis – Can ETC/USD Gain Pace?

The post Ethereum Classic Price Technical Analysis – Can ETC/USD Gain Pace? appeared first on NEWSBTC.

Bitcoin Price Technical Analysis for 07/31/2017 – New Consolidation

Bitcoin price is stuck in consolidation as traders are biting their nails ahead of a big market catalyst.

The post Bitcoin Price Technical Analysis for 07/31/2017 – New Consolidation appeared first on NEWSBTC.

Bitcoin price is stuck in consolidation as traders are biting their nails ahead of a big market catalyst.

The post Bitcoin Price Technical Analysis for 07/31/2017 – New Consolidation appeared first on NEWSBTC.

Bitcoin Price Technical Analysis for 07/31/2017 – New Consolidation – newsBTC


newsBTC

Bitcoin Price Technical Analysis for 07/31/2017 – New Consolidation
newsBTC
Bitcoin price has formed lower highs and higher lows, creating a triangle formation on its 1-hour time frame. Price is currently bouncing off the resistance and could be due for another test of support around 2600.00. Technical indicators are giving

and more »


newsBTC

Bitcoin Price Technical Analysis for 07/31/2017 – New Consolidation
newsBTC
Bitcoin price has formed lower highs and higher lows, creating a triangle formation on its 1-hour time frame. Price is currently bouncing off the resistance and could be due for another test of support around 2600.00. Technical indicators are giving ...

and more »

Who support Bitcoin Cash (the complete list)

The post Who support Bitcoin Cash (the complete list) appeared first on 99 Bitcoins.
On Tuesday, August 1st at 4 AM (UTC), what many are describing as an altcoin will fork off from the main Bitcoin network. August 1st is also the scheduled activation o…

The post Who support Bitcoin Cash (the complete list) appeared first on 99 Bitcoins.

On Tuesday, August 1st at 4 AM (UTC), what many are describing as an altcoin will fork off from the main Bitcoin network. August 1st is also the scheduled activation of BIP 148, also known as the User Activated Soft Fork (UASF). The new, forking coin, Bitcoin Cash, will launch as a so-called User Activated […]

EXMO integrates Zcash cryptocurrency

Because of the growing attention towards Zcash (ZEC) cryptocurrency, EXMO exchange reports about the launching of trades in four currency pairs at a time: ZEC/BTC, ZEC/USD,ZEC/EUR, ZEC/RUB. 28th July, EXMO cryptocurrency exchange expanded the list of financial instruments, having integrated Zcash (ZEC) cryptocurrency, which total market capitalization is estimated at $302 700 000. The cryptocurrency … Continue reading EXMO integrates Zcash cryptocurrency

The post EXMO integrates Zcash cryptocurrency appeared first on NEWSBTC.

Because of the growing attention towards Zcash (ZEC) cryptocurrency, EXMO exchange reports about the launching of trades in four currency pairs at a time: ZEC/BTC, ZEC/USD,ZEC/EUR, ZEC/RUB. 28th July, EXMO cryptocurrency exchange expanded the list of financial instruments, having integrated Zcash (ZEC) cryptocurrency, which total market capitalization is estimated at $302 700 000. The cryptocurrency … Continue reading EXMO integrates Zcash cryptocurrency

The post EXMO integrates Zcash cryptocurrency appeared first on NEWSBTC.

Bitcoin market marked by legal disputes – The Straits Times


The Straits Times

Bitcoin market marked by legal disputes
The Straits Times
A bitcoin ATM in the Manhattan borough of New York. Bitcoins suffered a major setback in 2014 following the collapse of Mt Gox, formerly one of the world’s biggest bitcoin exchanges. Mt Gox was also hit with a slew of lawsuits in the United States by

and more »


The Straits Times

Bitcoin market marked by legal disputes
The Straits Times
A bitcoin ATM in the Manhattan borough of New York. Bitcoins suffered a major setback in 2014 following the collapse of Mt Gox, formerly one of the world's biggest bitcoin exchanges. Mt Gox was also hit with a slew of lawsuits in the United States by ...

and more »

Vanished Cryptsy CEO ‘Big Vern’ Ordered to Pay $8M in Class Action Lawsuit – Bitcoin News (press release)


Bitcoin News (press release)

Vanished Cryptsy CEO ‘Big Vern’ Ordered to Pay $8M in Class Action Lawsuit
Bitcoin News (press release)
Vernon and company operated the trading platform like a fractional reserve and hoped to pay the funds back but said bitcoin’s low price deterred that outcome. Since then Silver Law Group, Wites & Kapetan Law, two plaintiffs, and all others similarly

and more »


Bitcoin News (press release)

Vanished Cryptsy CEO 'Big Vern' Ordered to Pay $8M in Class Action Lawsuit
Bitcoin News (press release)
Vernon and company operated the trading platform like a fractional reserve and hoped to pay the funds back but said bitcoin's low price deterred that outcome. Since then Silver Law Group, Wites & Kapetan Law, two plaintiffs, and all others similarly ...

and more »

Vanished Cryptsy CEO ‘Big Vern’ Ordered to Pay $8M in Class Action Lawsuit

Vanished Cryptsy CEO 'Big Vern' Ordered to Pay $8M in Class Action LawsuitThis week Judge Kenneth Marra came to a conclusion in the District of Florida class action lawsuit against Paul Vernon and his company Project Investors (Cryptsy). According to the final default judgment, Vernon is liable for the “principal sum of $8.2 million.” Also read: Fork Watch: Take Extra Precaution When Trying to Access Post-Fork Tokens Paul […]

The post Vanished Cryptsy CEO ‘Big Vern’ Ordered to Pay $8M in Class Action Lawsuit appeared first on Bitcoin News.

Vanished Cryptsy CEO 'Big Vern' Ordered to Pay $8M in Class Action Lawsuit

This week Judge Kenneth Marra came to a conclusion in the District of Florida class action lawsuit against Paul Vernon and his company Project Investors (Cryptsy). According to the final default judgment, Vernon is liable for the “principal sum of $8.2 million.”

Also read: Fork Watch: Take Extra Precaution When Trying to Access Post-Fork Tokens

Paul Vernon Liable for $8.2M in Class Action Lawsuit

The curious case of the now defunct Cryptsy exchange has been a drawn out mystery for a very long time and is still not over. Back in January of 2016 the cryptocurrency trading platform Cryptsy said it was hacked for 13,000 BTC, and 300,000 LTC. Since then the founder of the exchange Paul Vernon, otherwise known as ‘Big Vern’, left his residency in Florida and allegedly is hiding out somewhere around Liaoning, China.

Vanished Cryptsy CEO 'Big Vern' Ordered to Pay $8M in Class Action Lawsuit
Paul Vernon aka ‘Big Vern’ owner of the now defunct Cryptsy exchange.

The Cryptsy operator has also managed to do some interviews with Florida’s regional publication the Miami New Times. Vernon has denied any wrong doings and told the reporter he just regretted not being able to handle the hack the right way. Customers were not notified about the loss that happened in 2014 until the exchange was under water in 2016. Vernon and company operated the trading platform like a fractional reserve and hoped to pay the funds back but said bitcoin’s low price deterred that outcome. Since then Silver Law Group, Wites & Kapetan Law, two plaintiffs, and all others similarly situated started a class action lawsuit, No. 9:16-cv-80060, against Vernon and his exchange. There was also some involvement with the San Francisco-based exchange Coinbase.

Cryptsy's 'Big Vern' Ordered to Pay $8M in Class Action Lawsuit
When visiting the old Cryptsy domain the page redirects to Cryptsysettlement.com.

Now U.S. District Judge Kenneth Marra has cast judgment down upon Vernon by favoring the plaintiff’s side. If Vernon is found and detained he will be liable for $8.2 million.

“Plaintiffs’ motion for entry of final default judgment is granted,” explains the court order.

Defendant Vernon is liable to the Plaintiff Class in the principal sum of $8,200,000.00, for which let execution issue forthwith.

Judge Kenneth Marra adds, “prejudgment interest in the amount of $688,788.76 shall be awarded as interest on that principal sum from November 1, 2015, to the date of entry of this final judgment at the rate fixed by the Florida Department of Financial Services, as set forth by §55.03, Florida statutes.”

Cryptsy's 'Big Vern' Ordered to Pay $8M in Class Action Lawsuit
Judge Kenneth Marra’s final default judgment.

The Mysterious Paul Vernon is Still Hiding Out

Further, the order also details that 11,325 BTC that were stolen from the trading platform and their tethered wallets, are the property of the plaintiffs.

As of the date of this final judgment, and stored in the following cryptocurrency wallets, are property of the plaintiff class and subject to and encompassed  within this final judgment

Vernon’s exact whereabouts are unknown, and if he is in China as is rumored, an extradition treaty will be difficult. Copies of the court order were sent to Vernon’s PO box in Delray Beach and his publicly known email.


Images via Bitcoin.com, District of Florida Case 9:16-cv-80060-KAM Document 123, Pixabay, Cryptsysettlement.com and the Crypsty archives.  


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