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Tether Splits with It Auditors without a Verifiable Audited Accounts

For a stable currency, Tether and his Bitfinex acolyte are at the center of much instability within the cryptoverse. Hardly a week goes by when Tether is not in the news. After it emerged during the week that Tether had said goodbye to his auditor, critics of the company made a prior consultation to have a look at the company’s books. The months of promises have ended with a groan now that auditor Friedman LLP has left the stage.

Tether, Friedman, and the Audit That Has Never Been

The story of Tether is like a classic child who has often hidden many seeds of truth. What is out of the question is that the chains (tokens with a fixed value of $ 1) are compatible as a substitute fiduciary currency medium for millions of cryptocurrencies and several important exchanges. Most people do not have any problem with this arrangement, nor do they dispute that Tether, and Bitfinex, the exchange of owners has a controlling majority share in the companies.

With Coinbase recording $ 1 billion in revenue per year, Binance raising $ 300 million and Coincheck instantly compensating victims of the $ 400 million NEM trick in Japanese yen, there is no shortage of money. It is the secret form in which Tether operates that has given cause for concern. Last year, after persistent rumors of the company did not have the USD to cover the USDTs they issued blithely, Tether reluctantly accepted a public audit. Operators wait for the report to be issued, but the delays accumulated, the commentators ventured to it were never published. It seems you’re right

Everyone Speaks Without Action

Friedman LLP has confirmed that his relationship with Tether has come to an end, but gave precedents on the reason for the separation of the media, preferring to jog the squares over the permanence “committed to the process”. The biggest fear is transpiring that Tether lacks the USD to cover the USDT tokens he is issuing; Up to $ 500 million per week of them have been introduced to the cryptocoins this year. But even if Tether / Bitfinex had the assets but was issuing bonds for no reason, it was still a red flag.

In theory, issuing bundles of bonds in accordance with the deposits in fiat money in a Tether bank account should be simple. Conducting an audit of that process should also be a simple task. The audit was conducted in May 2017 with the presentation of Friedman LLP conducting “a comprehensive audit of the balance”.

“Given the extraordinary procedures, it was clear that a transaction was inaccessible within a reasonable time, “Friedman said on Saturday. The complexity of this task is discussed, in particular by the vocal critic of Tether.


Weighing The Need For A Balance Sheet

Most people are not as determined as Tether criticizes Bitfinexed; they just want everything to be in order and then they can trade again with the confidence that the carpet will not be swept under their feet. It’s hard to say what that would be, but it would not be for the markets, but it will not be good. In the vacuum created by the shameful silence of Tether, the Trusttoken alternative stablecoin was presented as the natural successor.


Some crypto-economists believe that the very concept of a stable currency is not viable and is destined to fail, either due to government regulation or the inability to maintain a stable price. Tether, for example, is staggering around 2%, with purchase orders for the token exceeding $ 1 during the main bitcoins falls, and a fall below $ 1 this weekend when the news of Friedman was released. . It remains to be seen if Tether’s competitors exceed these objectives. Given the uncertainty of the Tether mess that has been sown, whatever the crop, successively we will have to make great efforts to ensure that their books are audited and that transparency is standard.

Tor proxy service extorts money from victims and asks their victims to pay in bitcoins. So that they can escape from authorities. If a victim is not able to install the Tor browser used to access the deep web’s .onion domains, operators ask them to use a Tor proxy, such as onion.top or onion.to.

Tor proxy services allow access to .onion websites using a standard browser such as Google Chrome, Edge, or Firefox, regardless of the .top or .to extension at the end of each Tor URL. These services are becoming increasingly popular among ransomware authors.

According to cybersecurity firm Proofpoint, at least one of these services, onion.top, has replaced the Bitcoin payment address of the ransomware with its own. According to research, the state has secretly done so and has apparently made more than $ 22,000 from the move.
Onion.top did this after noticing a ransomware strain which warned users not to use Onion.top services. It reads:

“DO NOT USE ONION.TOP, THEY ARE REPLACING THE BITCOIN ADDRESS WITH THEIR OWN AND STEALING BITCOINS. TO BE SURE YOU’RE PAYING TO THE CORRECT ADDRESS, USE TOR BROWSER.”

According to reports, the authors are behind the burdens of ransomware, which counteract the movement of onion.top in many ways. Most try to get users to fully see Tors proxy services and simply pay with the Tor browser. Others, such as MagniBer, decided to divide the bitcoin payment address shown to the victim with various HTML tags to avoid automatic replacement.
The victims, who decide to pay the ransom and send their money to the Tor Proxy Service, do not pay the ransomware blackmailers and have probably not, deciphered their files.

What is Lisk ?

More informations : http://www.crypto-side.com/2018/01/what-is-lisk-lsk-where-to-buy-it.html

Lisk (LSK) is a Blockchain application platform, established in early 2016. Based on its own Blockchain network and token LSK, Lisk will enable developers to create, distribute and manage decentralized Blockchain applications by deploying their own sidechain linked to the Lisk network, including a custom token.

Thanks to the flexibility of sidechains, developers can implement and customize their Blockchain applications entirely. Decentralised blockchain applications will be built on Lisk from the ground up in pure Javascript and take advantage of the powerful Lisk APIs. In addition, every app will run in its own sidechain to ensure that Lisk itself stays safe and scalable.

Lisk network is a decentralized powerhouse. By utilizing our extensive user base, end users and developers can find third party nodes to execute future blockchain applications through servers all over the world in a truly decentralized manner...

Proxy for mining Miner Proxy
The program allows you to push the connections up through the ports.
The program features multi-threading (i.e. it can work with multiple miners).
Tested on cgminer, sgminer, Claymore CryptoNote.
In Claymore CryptoNote allows you to remove Komsa virgin.
1.) Downloadable prog https://yadi.sk/d/K_fTzlKU3QKh4e
2.) Run on the computer
3.) In the top left specify free port "Proxy port", for example 7777
4.) Specified pool in the "Pool", for example "mine.moneropool.com" (without words stratum+tcp://)
5.) A little to the right, specify the port pool "Pool port", for example 3334
6.) Below put a tick "XMR" and in the box to the right specify the address of your purse.
7.) Click "Save"
8.) Click "Restart".
All - proxy is configured and running. The purse in the miner (including debowski) will be substituted for that specified in clause 6.
In the batch file for the miner instead of the address pool specified stratum+tcp://127.0.0.1:7777 (if the proxy is running on the same com