[Oobit Wallet - new Swap feature for direct trade of one cryptocurrency for another]

  
Oobit Wallet - new Swap feature for direct trade of one cryptocurrency for another
  
Oobit's Swap Feature is a new feature of Oobit Wallet that allows users to quickly liquidate one asset for another that they believe has more growth potential. It also allows users to hedge against events that may affect the one crypto, or just to move from a volatile market to a more stable one, it allows users to trade between the following cryptocurrencies:

• Bitcoin (BTC)
• Ethereum (ETH)
• Bitcoin Cash (BCH)
• USD Coin (USDC)
• Ripple (XRP)

Swap lets you bypass network fees and instead do an internal trade of one cryptocurrency for another. Providing a non-custodial, on-chain transaction. For example, users can swap Bitcoin for Ethereum directly from their Oobit Bitcoin wallet, with the funds being deposited directly into their Oobit Ethereum wallet.



Oobit is a full-service crypto banking platform for anyone looking to buy, spend, transfer, withdraw, and manage their crypto in one simple way. It offering access to Bitcoin, Bitcoin Cash, Ethereum, USDT (Tether), and many other cryptocurrencies.
The platform offers users a straightforward way to instantly buy, sell, and store digital assets - to allow users to use crypto with the same ease as traditional money.

Oobit Core Features:

• Buy/sell cryptocurrency
  Instantly buy and sell Bitcoin as well as several different cryptocurrencies, including ETH, USDT, XRP, and more, with a credit card, debit card, or bank account.

• Store cryptocurrency
  The multi-asset military-grade secure wallet is insured for $500 million and available for both long term or short term crypto holding.

• Oobit Card (coming soon)
  A debit card that makes your crypto on Oobit as spendable as the money in your bank, at ATMs, and anywhere Visa is accepted.

 

[ICO]

Основная цель LCCX - создать лучшую среду для обмена криптовалютами. Основная проблема текущего обмена криптовалютами это непонятная юрисдикция, плохое обслуживание клиентов и самое главное безопасность. LCCX хочет быть надежной платформой для клиентов. Используя технологию blockchain, он сможет защитить клиентские средства и предотвратить их взлома и кражи.
LCCX является более надежным, потому что его веб-сайт не является анонимным, и его корпоративный адрес ясен. Это официальная компания, базирующаяся в Лондоне, которая тесно сотрудничает с Британским управлением по финансовому контолю.
Клиентские фонды безопаснее, поскольку от 60 до 75% средств хранятся в автономном хранилище.

ICO
Токены (LXT) будут доступны для продажи 12 марта и до 30 апреля (или по достижению хард капы).
Софт кап 500 000$ (уже достигнуто). Xард кап 7 500 000$.

https://www.lccx.io/ - официальный сайт
https://golos.io/ico/@kseniaficsher/lccx-london-crypto-currency-exchange-nadyozhnaya-birzha-kriptovalyut - обзор на русском

The hackers accessed Tesla through a Kubernetes pod, which wasn’t password protected.
They were then able to install mining pool software, using an unlisted endpoint to avoid detection. The IP was also hidden,and the CPU usage was kept low to fly under the radar, which shows a lot of custom configuration. However, they were notified by the RedLock CSI team, who reported the issue straight away.
After that, the problem was quickly solved. While it shows that Tesla have got some sophisticated monitoring systems in place to quickly deal with hacks, it is also a surprising oversight that there was an accessible area that wasn’t password protected.

Tesla hit the news in connection with crypto mining just before Christmas in 2017, when it was announced that a Tesla owner had been using his vehicle to mine crypto. He had rigged a computer in the boot of the car to the supercharger, thereby using free power to carry out his mining processes. While it may have negatively affected the car in the long run, it was at the time hailed as being extremely innovative, and raised questions about new ways to save on power usage when carrying out commercial mining.

Source: Tesla Hacked By Miners Looking To Harness Mining Power - How Did They Do It?

In a press release today, Ripple have announced that their continued expansion is gaining even more momentum, with the addition of five new clients spanning four countries.

Ripple has been extremely successful to date, offering a fast, cost-effective and easy solution to global payments. Now, it has added two banks:

• Itaú Unibanco from Brazil,
• IndusInd from India,

and three remittance organizations;

• InstaReM from Singapore,
• Beetech – also from Brazil,
• Zip Remit from Canada.

These companies will be using xVia and xCurrent, for individual customers’ international payments and international transactions for financial institutions, respectively.
More details (source): Ripple’s Expansion Continues, With Five New Partnerships Across Four Countries

The zero-day flaw which is based on the right-to-left override (RLO) Unicode was used by hackers as a backdoor to mine cryptocurrencies. The RLO Unicode is used for coding languages that are often written from right to left such as Hebrew and Arabic. However, the code is also used by hackers to trick unknowing users into downloading malware that might be in the form of images. A hidden Unicode character in the file name was used by the hackers to reverse the file name character order, ensuring the file name was unchanged. Hackers have continuously exploited the vulnerability since March 2017.

Full article: Telegram Zero-Day Flaw Leads To Hacking

Lino has recently acquired $20 million through China-based Zhen to fund its new video distribution network. The startup is utilizing blockchain technology to eliminate intermediaries in video distribution to ensure that content creators earn more. Founded by Wei and his co-founders, Lino hopes to decentralize the content economy and create a platform where content value is recognized efficiently, and content creators are incentivized directly and effectively for long-term economic growth.

According to Lino, companies such as YouTube enjoy benefits because they monopolize all means of content distribution. As a privately owned entity, YouTube has a fundamental interest in maximizing profit, which puts it in direct conflict with content creators. For these reasons, the creation of a collectively-owned, decentralized distribution network will ensure that all content value is directly distributed to content creators and contributors without going through an intermediary.

Lino decentralizes content through the following infrastructural components:

• Users only use LINO tokens to pay content creators, creating a free-transaction platform. The cryptocurrency enables real-time free transactions among users.
• Lino’s incentivized model creates a sustainable, digital content economy by incentivizing all community contributions including content generation, content redistribution, application development, and infrastructure services. Video creators are rewarded for generating content, while viewers are rewarded for curating content.
• Lino prevents robots from manipulating the reward system and creates human engagement. The platform is highly protected from attacks.
• Lino measures the revenue collected from specific content as is reflected by the value in the market, and takes several reasonable and efficient measures to prevent fraud.
• Lino offers a peer-to-peer, auction-based Content Delivery Network (CDN). It also stores videos and offers live streaming in a decentralized manner.
• Viewers can finally enjoy watching content without advertisement interruptions. Since Lino is a community-based self-sustaining platform, advertisement charges are unnecessary. All users own a portion of the platform and can enjoy content without ads.

Source: https://bitrazzi.com/lino-crypto-youtube/

January 17th definitely had a mixed bag to offer to the world of blockchain. While on the one hand, and on a positive note, the day saw the first two blockchain-based ETFs; the Amplify Transformational Data Sharing ETF (BLOK) and the Reality Shares Nasdaq NexGen Economy ETF (BLCN) begin trading on US exchanges; on the other it witnessed a cryptocurrency market slump that took all major cryptocurrencies down with it.

We compared the two funds on various criteria, to arrive at the following similarities and distinctions. We also identified 5 key stocks that figure amongst the top 10 portfolio holdings of both these funds. With the cryptocurrency market down, we may see some investors making a move from the more volatile cryptocurrency market to the stock market. Here, stocks of companies that are invested in blockchain technology and its applications are likely to command special attention from blockchain enthusiasts.

Head to Head Comparison (Table)

The 5 stocks that made it to the top 10 holdings of both these funds:
1. Overstock (OSTK)
2. International Business Machines (IBM)
3. Hive Blockchain Technologies (HIVE.V) (HVBTF)
4. SAP SE (SAP)
5. SBI Holdings Inc (SBHGF)

Full article: Five Stocks That Blockchain ETFs BLOK and BLCN Are Both Invested In - Bitrazzi

Chinese exchanges are not operating illegally and will not be sued, Beijing Haidian District Court ruled on Monday.

Mr. Wang sued exchanges including Huobi after losing ¥400,000 ($60.000) while trading Bitcoin. In an attempt to recover his holdings, Wang claimed that “Bitcoin does not exist, according to Marxism it has no value”. He went on to say that all past trades “should be invalidated”.

Wang lacked evidence against the legality of the exchanges. The court also pointed out that everyone is responsible for their own decisions while trading Bitcoins. According to the judgement, the government does not issue Bitcoin, but no Chinese laws exist to forbid cryptocurrency trading or investment. Everyone has the freedom to invest in cryptocurrencies, but they do so “at their own risk”.

Not only did China ban cryptocurrency exchanges such as Huobi in 2017, but also declared ICOs illegal. According to National Internet Finance Association of China, “The number of projects that have been launched in the name of ICO (Initial Coin Offerings) has grown rapidly in the country, disrupting the socioeconomic order and creating a greater risk danger.”

China also recently advised Bitcoin miners to “make an orderly exit” from the country because “huge amounts of resources and stoked speculation of virtual currencies” were being exhausted in the process. So, this decision in Bitcoin’s favor by China’s district court gives a bit of hope to cryptocurrency users.

Source: https://bitrazzi.com/lawsuit-chinese-cryptocurrency-exchanges-dismissed/