Day: December 22, 2017

Bitcoin markets and the overall value of cryptocurrencies have been going crazy with price swings over the past few months. To add a little more excitement to following the charts, a porn firm called, Camsoda, offers an interactive sex toy that reacts with the price changes of ethereum, litecoin, and bitcoin. Now individuals can literally have sex with bitcoin’s price fluctuations.

Also read: A Ledger X Bitcoin Contract is Still Pegged for $50K Amid This Week’s Price Decline

Tethering the Price of Bitcoin to Your Sex Life

A pornography-based company called Camsoda wants people to “get off” with the price of cryptocurrencies. Camsoda partnered with the real-time price tracking service called, Bitcast, and a company called Lovense, to produce a line of internet-infused sex toys that react when the price of bitcoin goes up or down. Right now the toys can be connected with ethereum, litecoin, and bitcoin, while the toy’s vibrations intensify during volatile price swings.

“With people constantly tracking their cryptocurrency investments, we saw an opportunity to offer them simultaneous sexual pleasure derived exclusively from price fluctuations,” the Camsoda executive Daryn Parker explains to the press. “What has so many people captivated, aside from the fact that virtual currencies are largely unregulated and fraught with risk, is the daily volatility – the stratospheric price rises followed by meteoric price drops.”

Now, with Bitcast, our fans can hook up their favorite interactive toy and literally get pleasure from their investments — So, essentially, as the price goes up, so too do your orgasms.

Climaxing From a Different Kind of Market Participation

The connected love toys have a wide variety of choices ranging from dildos, buttplugs, and other types of unusual multi-limb vibrators. The toys are also available for both males and females who are looking for that internet-connected sexual experience. Mr. Parker says Camsoda and the Lovesense toys are meant to bring the “ultimate experience” for bitcoin investors. Users have to connect both Bitcast and the Body Chat app to the Loveense account, in order to get off simultaneously with crypto-markets.

Camsoda has always created unusual sex toys that are tethered to technology with smart phone connected flicker toys, and an application called ‘OhRama‘ which allows people to smell the special odors from a male or female’s private areas. Mr. Parker believes that cryptocurrency fans can get a better climax from a different kind of market participation.

What do you think about the Camsoda sex toys that react to the price of cryptocurrencies? Let us know what you think in the comments below.

Images via Pixabay, Bitcast, Loveense, and Camsoda. 

Bitcoin.com is ramping up our tools section with a variety of useful Bitcoin-related applications. There’s a price converter, paper wallet generator, a faucet, and a verifier to validate messages using the Bitcoin blockchain. We’re pretty excited to introduce these new widgets and tools so our visitors have the best resources to navigate the Bitcoin landscape.

The post A New Line of Sex Toys Lets You ‘Get Off’ With the Price of Bitcoin appeared first on Bitcoin News.

Ripio Credit Network, the global credit network based on consigned smart contracts and blockchain technology will soon integrate its credit protocol to Decentraland, the virtual reality platform. With this new alliance, Decentraland users who own plots of land will be able to sign up for loans within the virtual world. Content and institutions created within the same platform will also be eligible for the said loans. Plans are expected to roll out in the second quarter of 2018 when both companies will start to develop the virtual loans network. The announcement came about last week, with Decentraland’s own Terraform Auction Event that saw users contribute MANA – Decentraland’s own token – to buy land.

Decentraland, RCN’s new partner is a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications. The firm provides infrastructure to support a shared virtual world, also known as Metaverse2. Decentraland will operate under its own decentralized ledger for land ownership, which is the protocol that will be used for describing the content of each land parcel, and a peer-to-peer network for user interaction powered by its own token, MANA. Users will be able to claim ownership of virtual land on the blockchain based ledger.

Land in Decentraland is permanently owned by the community. This gives the community control over the publishing of their creations. Decentraland proposes a new concept that seeks to establish a network that will allow content creators to own and control the publication and distribution of their content while maintaining the full value of their work to online communities. Land – in this sense can be considered the new age in web domains and it allows discovery of new content and the creation of districts based on content genres or theme. This will enhance targeted traffic for content creators while giving a themed experience to the end user.

While Virtual Reality enthusiasm has exploded through 2017, control over the nature of content to be produced for the VR audience has remained centralized among Silicon Valley behemoths.  The decentralized nature of the Decentraland opens up the unlimited number of possible applications VR will find. The platform is expected to attract various content creators, developers, and advertisers among others. For example, the Decentraland scripting language will allow for the development of applications, games, gambling, and dynamic 3D scenes. It will be designed to handle a range of capabilities such as encoding user interaction and sound among other, including demands to meet the ultimate virtual reality experience.

Exactly how the RCN-Decentraland partnership will play out is yet to be seen. However, we can anticipate the number of independent VR content creators to skyrocket now that financial backing has been brought to their doorstep. This access to credit – yet another move to decentralize content creation – will enable creators to invest in their own content. This will help promote the open standards which are at the core of Decentraland values.

The post RCN and Decentraland Join Forces appeared first on NEWSBTC.

This bot keeps improving and it may evolve into auto-trading as it learns from traders. #SPONSORED

These days ICOs are a dime a dozen, but even so, it’s not every day that an ICO sells out in just 60 seconds. #ICO WATCH

Mike Novogratz has delayed his planned $500 mln cryptocurrency hedge fund, says further losses could be possible as Bitcoin could drop as low as $8,000 before rebounding.

Photography can be doubtlessly regarded as one of the most thrilling inventions of modern times. The art dates back to the 19th century, where the earliest known surviving photograph captured by a camera was taken back in the late 1820s (either 1826 or 1827). Many regard this point in time as the birth of photography. However, the industry began to profoundly change with the invention of the first true digital camera in 1975, in a breadbox-size that took 23 seconds to take a single black and white image.

This invention marked the beginning of a new era that allowed people to document their lives on a minute-by-minute basis. Fast track to today, anyone with a camera can be a photographer. Anyone with a camera can use it to communicate an idea, a message or an emotion. However, this has come with its own share of demerits. Interestingly enough, ideas today are built on the works of others. Most images we see today, especially on social platforms are plagiarized in a rather unusual way by re-creating an idea from scratch rather than represent a whole new approach.

Put plain and simple; the problem exploded with the internet where 85% of the images used online are used without a valid license from the copyright owner. Modern technologies are of course revolutionary in content sharing but have given people the wrong impression. When people see images on the internet they, unfortunately, make assumptions that it’s okay to use without permission as long as it’s posted online. As the demand for images steadily rises, photographers lose potential earnings from the use of their material through illegal channels.

A lasting solution to fair and sustainable image licensing for both, creators and users have not been created yet. Existing solutions to this decades-old problem are still rather shortsighted to date: One of the more common methods to prevent image theft are watermarks. Watermarks work as an aforementioned deterrent and a promotional tool but take away from the consumption experience. The other common solution at hand are tracking pixels. Tracking pixels are tiny transparent, pixel-sized images embedded in images.

While the two can be considered as the best option for image theft prevention, the two – and any other method thereof – are no match for the new age of hackers. For this reason, photographers are uploading less of their work online while the time is right to do so. With blockchain gaining increased adoption, it is time technology works for the creator at the expense of the unauthorized user. Blockchain technology will pave the way for the creation of a decentralized copyright registry backed by smart contracts to help curb this growing discourse.

COPYTRACK, the platform with an ongoing ICO has developed a unique start-to-finish process for the enforcement of copyright. Once the rights-holder has confirmed the unlicensed use of an image identified by the algorithm, a fully automated  process is set in motion, which will only require minimal user interaction at 2 of the nearly 50 stages.

What is COPYTRACK today?

Established in 2014, it is a fair online platform for publishers, photographers, image agencies, and e-commerce vendors. The company was established for the fair management and enforcement of image licenses for its users on the internet.

Today, copyright infringement is difficult to pursue and is often considered a trivial offense. In contrast, COPYTRACK provides tools to comfortably search and match the online use of images worldwide. Even if images are cropped, edited or flipped – they will be found. Once the rights owner detects that an image was stolen, he can simply click & submit a claim to COPYTRACK and lean back. COPYTRACK offers post-licensing or legal enforcement without any risk or hassle to the right holder. The service is available worldwide and COPYRACK operates a network of qualified lawyers in 140 countries. One more added advantage, it’s free – of course, COPYTRACK will take a small success-related commission – but that’s it.

So far COPYTRACK has served thousands of photographers, image agencies and publishers and turns a claim volume of over $2.5 million USD each month for its clients.

More information about COPYTRACK’s existing business at: http://www.copytrack.com

So what about COPYTRACK’s new business unit?

Now COPYTRACK brings a new solution to the centuries-old problem by providing photographers with a decentralized register for their images. Using smart contract and blockchain technology, the photographer will retain control over their licenses and pricing, thereby retaining up to 70% of the revenue.

Rights owners will be able to authenticate themselves on the new platform and then upload their images for certification. Once approved by the COPYTRACK Global Register all data will be secured by hashes in the blockchain. From there on, those images will be permanently tracked for online use worldwide and licensing information as well as payments will also be stored in the BC.

This ultimately brings full transparency to the image licensing market and finally returns control back to the rights owner.

COPYTRACK will champion a new era of copyright protection with its upcoming ICO on 10th January which is intended to raise just enough capital to realize their vision.

More information about COPYTRACKs ICO is available at – http://www.copytrack.io/

The post The Future of Copyright: How Blockchain Will Solve Photography’s Oldest Problem appeared first on NEWSBTC.

Simply adding the word ‘Blockchain’ to your company name appears to bring real value, apparently. Long Island Drink Corp is out, Long Blockchain is in, among others.
#NEWS

Bitcoin futures and options are two interesting investment vehicles. Both expose people to Bitcoin price volatility without them even having to own the world’s leading cryptocurrency. It is an interesting take on things which seems to work quite well for mainstream investors. Quedex wants to get its share of the pie in this regard. This new platform warrants a closer look, although one always needs to do their own research before using such a service.

An Overview of the Quedex Platform

No one can deny Bitcoin futures are pretty interesting to take note of. They let anyone in the world “gamble” on the Bitcoin price movement without having to buy Bitcoin itself. It is something most mainstream speculators prefer over buying Bitcoin directly, as the latter process can be complicated and time-consuming. Quedex wants to offer even more Bitcoin futures and options to the masses, although it remains to be seen if it can be successful in this venture.

More specifically, Quedex aims to become the world’s first consistent Bitcoin-only futures and options exchange. The company doesn’t seem to have any plans to offer futures for other cryptocurrencies, which makes a lot of sense right now. Although mainstream financial institutions are contemplating integrating Ethereum and even Bitcoin Cash futures, that is not the objective over at Quedex.

According to the company’s website, the platform will let users trade and hedge in both directions at once. It’s an interesting take on things, and it opens up some interesting opportunities moving forward. For speculators wondering how much leverage the platform has to offer, it is possible to margin trade with 25x leverage on Bitcoin futures and 10x on Bitcoin options. Both choices are more than respectable, and they help mitigate most risk associated with Bitcoin price volatility as well.

Perhaps the most interesting aspect of Quedex right now is that there are zero trading fees and zero settlement fees for all operations until January 31, 2018. Furthermore, the company will keep all of its bitcoins in cold storage. Funds are also kept in multisignature wallets, which has become the new normal from a security perspective.

Being able to buy and trade Bitcoin futures with Bitcoin is pretty intriguing. It is something most cryptocurrency enthusiasts would like to give a try. Although a lot of people may already own Bitcoin or a few altcoins, it is always worth finding new ways to spend this currency, and Bitcoin futures and options are as good solutions as any in this regard. Whether or not Quedex will attract a lot of people remains to be seen.

Do keep in mind this platform is still in open beta for the time being. Although no major bugs should be expected, it is always best to err on the side of caution in this regard. For now, the platform isn’t generating too much volume, but that situation may come to change when word gets out about this platform. 

It would almost seem as if anything Ethereum-related is bound to face some setbacks sooner or later. More specifically, we have seen a lot of Ethereum-related platforms and ICOs suffer major problems throughout 2017. The latest company to run into big trouble is EtherDelta, even though this issue has nothing to do with the Ethereum network itself. Instead, the company’s DNS server has apparently been compromised. It is advised not to use the website until this matter is fully resolved.

EtherDelta DNS is Hijacked

It is evident the cryptocurrency ecosystem has attracted a lot of hackers and other cybercriminals these past few years. Exchange platforms are attacked around the clock and wallet providers are not safe from harm either. It now seems EtherDelta is the next platform to suffer from a major setback. Although it is unclear whether or not any money has been lost, the hijacking of its DNS server will undoubtedly cost some people money in the process.

On Thursday, the team tweeted that there was reason to believe someone had compromised their DNS server. It wouldn’t be the first time something like this has happened in the cryptocurrency world, though. When an assailant successfully compromises a company’s DNS server, he or she can then redirect visitors to a malicious site and steal their login credentials and private keys in the process. It is unclear if this is what happened to EtherDelta, but it seems likely something has gone awry in this regard.

1/2 *IMPORTANT* we have reason to believe that there had been malicious attacks that temporarily gained access to @etherdelta DNS server. We are investigating this issue right now – in the meantime please *DONOT* use the current site.

— EtherDelta (@etherdelta) December 20, 2017

Although EtherDelta is not the most popular trading platform in the world, it still generates over US$10 million in daily volume most of the time. Its vast selection of cryptocurrencies and ERC20 tokens has made it rather popular among enthusiasts. If an assailant were to gain full access to its DNS server for even an hour, the damage they would cause could be rather substantial. Again, no one knows for sure whether money was stolen from users, but it seems likely to assume that it was.

It is evident EtherDelta has a solid business model, even though it is a centralized trading platform. We direly need decentralized exchanges and atomic swaps to take off sooner or later. Until that happens, unfortunately, issues like these will only become more frequent. Hacks and breaches are far too common in the world of crypto exchanges, and something will need to change sooner or later.

It will be interesting to see how all this affects the platform’s reputation moving forward. A DNS compromise is not something one can pull off all that easily. Someone on the team must have been sloppy with the login credentials associated with EtherDelta’s DNS information, and they were exposed in one way or another. It is evident that centralized solutions cannot be trusted in the long run.

Although 2017 hasn’t seen a ton of exchanges getting hacked or compromised, there has been some negative news as of late. The EtherDelta incident follows the bankruptcy of Korean exchange Youbit, which got hacked twice this year. There’s also the Nicehash heist which has yet to be resolved. Add the Parity bug on top of it all, and it is evident this industry is under attack from many different angles right now.

The government of Belarus has passed new statutes aimed in part at encouraging the development of companies around cryptocurrency and blockchain.

The post Fedcoin Could Be Coming Soon, But Would It Really Challenge Bitcoin? appeared first on Bitcoin Magazine.

Bitcoin ETFs are considered to be the holy grail in terms of attracting institutional investors. For now, it seems highly unlikely such an ETF will launch anytime soon, but we have Bitcoin futures to keep us busy in the meantime. If it were left up to the New York Stock Exchange, however, a few Bitcoin ETFs would be introduced in the near future. A formal filing with the SEC has been made to list two ProShares Bitcoin exchange-traded funds.

Can Bitcoin ETFs Finally Come Through?

Earlier this year, a lot of people had high hopes that the SEC would finally approve Bitcoin ETFs. Unfortunately, that didn’t happen. The lack of active regulation and the mounting Bitcoin price volatility have not made things easier in this regard. Solving the regulatory challenge is easier said than done, yet it seems it will happen well before Bitcoin becomes a nonvolatile asset.

At the same time, it is this volatility which makes Bitcoin so attractive to speculators and investors. It is an integral part of Bitcoin’s charm these days, yet it hinders one’s chances of successfully launching an ETF. Then again, the New York Stock Exchange has filed with the SEC to trade not just one, but two different Bitcoin ETFs in the near future. It’s a remarkable request, although the effort may finally pay off this time.

More specifically, the exchange has filed with the SEC to list two funds. One fund is the ProShares Bitcoin ETF, whereas the other one is the ProShares Short Bitcoin ETF. As the names suggest, both options allow investors to speculate on the Bitcoin price. More specifically, they are linked to Bitcoin futures contracts, which have become somewhat popular with mainstream investors over the past few days.

While most people may not know ProShares, the company manages over US$29 billion in assets. It also filed the necessary Bitcoin ETF documentation with the SEC in September of this year. It seems these funds are designed to track both of the Bitcoin futures provided by CBOE and CMO, as they are the only two companies that officially offer such products to the masses right now. Moreover, the funds will invest assets in benchmark futures contracts with the option of investing in additional contracts as well.

As is always the case with developments like these, there has to be a custodian of the funds in question. It seems this role will be played by Brown Brothers Harriman. It will oversee investment assets and cash equivalents. Furthermore, this institution will also take care of regulatory filings. It is a very interesting approach to Bitcoin ETFs, even though it remains to be seen how things play out. We can only hope the NYSE receives the green light from the SEC in the next few weeks.

It is evident Bitcoin has received a healthy boost throughout 2017. That’s not just thanks to the price increase, but also to the official launch of Bitcoin futures two weeks ago. More and more people want exposure to Bitcoin’s price volatility over the coming weeks and months, but it remains to be seen how this venture plays out. If the SEC grants approval to the NYSE, things will get a lot more interesting for the world’s leading cryptocurrency.