Why Winklevoss Twins Are Not Feeling The Bitcoin Twinkle Anymore

The Gemini crypto exchange founders, commonly known as Winklevoss Twins, said that people are losing confidence in crypto and investors no …

The long standing bear market has made people skeptical about crypto. They are losing confidence and we have to do something… FAST. And, we are not the ones saying this but you heard it from the Winklevoss twins.

The Gemini crypto exchange founders, commonly known as Winklevoss Twins, said that people are losing confidence in crypto and investors no longer want to invest in it especially after the shut down of QuadrigaCX. They are now demanding US regulators to make cryptocurrency a safe place for investors. They said:

“There are a lot of carcasses on the road of crypto that we’ve seen and learned from. At the end of the day, it’s really a trust problem. You need some kind of regulation to promote positive outcomes.”

The jolt was faced after Canada-based crypto exchange announced its shutdown this December. The unexpected death of it’s chief executive Gerald Cotten died unexpectedly with the keys of $194 million crypto wallets. As a result company lost it’s clients and that has shaken many of its investors beliefs.

The Double Trouble can spot only trouble

The Twinklevoss twins could be right about this but one incident cannot spark a negative trend. Crypto has been out there for a considerable amount of time and one event will not manifest into the decline of it. There is no proof. The twins seem to implying that the QuadrigaCX would undo the crypto adoption. When they should really be educating people to work smart and not hard.

Safeguarding your assets should be any investors utmost priority especially if you are in the crypto business. Hacks are lethal and they cannot differentiate if you are regulated or unregulated exchanges.

The reason why QuadrigaCX users had to face such a fate was because they placed their trust in the exchanges. The main reason why bitcoin was made was because Satoshi Nakamoto did not want people to place their trust in a centralized entity. The likes of QuadrigaCX such as BitStamp ($1.43 billion), BitFinex ($900 million), BitGrail ($170 million), CoinRail ($40 million) have all suffered due to this reason.

Most of the investors trusted the exchanges and here we are we so much money lost all for nothing. These exchanges continue to control users’ assets, and that is where the core problem lies.

The reason why people go to centralized exchanges is because they have no other option. And, till the time decentralized exchange projects (DEX) are able to catch up and handle large number of volumes as well as get supporting features like margin trading, investors will have to restrict the use of centralized exchanges and try not to put a lot of money on public wallets.

Related Posts:

  • No Related Posts

Trends in Web Security Software Market 2025 by Production Market Analysis and Regional Market …

Web Security Software Market Report assesses the key opportunities in the market and … Ask Sample of Web Security Software Market research report from … McAfee Web Protection, WebTitan, Cato Networks, Kaspersky Security, …

Web Security Software

Web Security Software Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers, and the current and future trends.

In this report, the Web Security Software Market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2018 and 2025.

Ask Sample of Web Security Software Market research report from – http://www.industryresearch.co/enquiry/request-sample/13816279

The following firms are included in the Web Security Software Market report: Open DNS Umbrella, Duo Security, Netskope, Avast Business, Webroot, AlienVault, Trend Micro, Cisco Umbrella, McAfee Web Protection, WebTitan, Cato Networks, Kaspersky Security, ……and Others

Various Web Security Software industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue.

The production process is analyzed with respect to various aspects of, manufacturing plant distribution, capacity, commercial production, R&D status, raw material source, and technology source. This provides basic information about the Web Security Software industry.

The Web Security Software Market has been segmented as below:

Web Security Software Market by Applications:

>Large Enterprises

>SMEs

Web Security Software Market by Types:

>Cloud Based

>Web Based

By Regional Analysis: North America, China, Europe, Japan, India, Southeast Asia.

Various policies and news are also included in the Web Security Software Market report. This includes labour cost, depreciation cost, raw material cost and other costs.

In continuation of this data, the sale price is for various types, applications and region are also included. Additionally, type wise and application wise consumption figures are also given.

Have any Query Regarding the Web Security Software Market Report? Contact us at http://www.industryresearch.co/enquiry/pre-order-enquiry/13816279

The Report Provides Insights on Major Web Security Software Industry Points such as:

  • Applications of Web Security Software Industry
  • Manufacturing Cost Structure Analysis of Web Security Software Market
  • Raw Materials Sources Analysis of Web Security Software Market
  • Price, Cost, Gross and Gross Margin Analysis of Web Security Software Market
  • Supply, Consumption, and Gap of Web Security Software Market 2018-2025
  • New Project SWOT Analysis of Web Security Software Market

Key Reasons to Purchase the Web Security Software Market report:

  • To gain insightful analyses and comprehensive understanding of Web Security Software
  • Understand the key drivers and the main barriers
  • Understand the views of different organizations within the industry on Web Security Software
  • To understand the key product segments and their future in the market
  • To make informed business decisions by having complete insights of market

Price of Report (single User Licence): $ 3900

Purchase the Web Security Software Market Report at http://www.industryresearch.co/purchase/13816279

Related Posts:

  • No Related Posts

New BitLocker attack puts laptops storing sensitive data at risk

… for owners of devices storing highly-valuable information, such as classified materials, proprietary business documents, cryptocurrency wallet keys, …
New BitLocker attack on TPM LPC buses

Image: Denis Andzakovic

A security researcher has come up with a new method of extracting BitLocker encryption keys from a computer’s Trusted Platform Module (TPM) that only requires a $27 FPGA board and some open-sourced code.

To be clear, this new BitLocker attack require physical access to a device and will result in the device’s destruction as the attacker needs to hard-wire equipment into the computer’s motherboard.

Nonetheless, the attack yields the desired results and should be considered a threat vector for owners of devices storing highly-valuable information, such as classified materials, proprietary business documents, cryptocurrency wallet keys, or other similarly sensitive data.

Attack targets TPM LPC buses

The attack was detailed for the first time today in a report by Denis Andzakovic, a New Zealand-based security researcher at Pulse Security.

His method is different from past BitLocker attacks because it requires hard-wiring into a computer’s TPM chip and sniffing communications via the Low Pin Count (LPC) bus.

TPMs are dedicated microcontrollers (also known as chips, cryptoprocessors) that are usually deployed on high-valued computers, such as those used in enterprise or government networks, but also data centers and sometimes personal computers.

TPMs have different roles, and one of them is to support Microsoft’s BitLocker, a full volume disk encryption feature that has been added way back in Windows Vista.

In his research, Andzakovic detailed a new attack routine that extracts BitLocker encryption keys from the LPC bus on both TPM 1.2 and TPM 2.0 chips.

He tested his research on an HP laptop running a TPM 1.2 chip (attack carried out using an expensive Logic Analyzer) and against a Surface Pro 3 running a TPM 2.0 chip (attack carried out using a cheap FPGA board and open source code).

In both attacks, BitLocker was running in its standard configuration.

Researcher & Microsoft: Use pre-boot authentication

Andzakovic’s research showed once again why using standard BitLocker deployments is a very bad idea and the reason why even Microsoft is warning against it in the official BitLocker documentation.

Both the researcher and Microsoft recommend using a pre-boot authentication method by setting a TPM/BIOS password before the OS boots, password that should prevent the BitLocker keys from reaching the TPM and getting sniffed using this new attack.

Andzakovic’s finding joins the ranks of other BitLocker attacks that involved direct memory access (DMA) methods [1, 2, 3], brute-force attacks, but also vulnerabilities in self-encrypting SSDs and the Windows Update process.

More vulnerability reports:

Related Posts:

  • No Related Posts

“Crypto” Movie Trailer Released

It may be showcasing the bad side of the sector in terms of moneyCrypto focuses on the theme “Fear is the ultimate currency,” and how virtual …

One more way to foster the adoption of cryptocurrencies is to produce a movie whose storyline is tailored around the crypto space. It may be showcasing the bad side of the sector in terms of money laundering, but it’s enough to pique the interest of those who may have had little or no interest in virtual assets.

Upcoming American Movie Directed by John Stalberg Jr

Therefore, meet Crypto, an upcoming American movie that is Directed by John Stalberg Jr. and written by David Frigerio, Carlyle Eubank, and Jeffrey Ingber. Crypto focuses on the theme “Fear is the ultimate currency,” and how virtual currencies are used to launder money.

The picture depicts a young man, Beau Knapp who plays the role of Martin. The actor works as an agent who will uncover the crime in his hometown in New York. Therefore, the story forms a web of corruption, deceit, and fraud. Other actors that have made an appearance are Luke Hemsworth, Jeremie Harris, Alexis Bledel, Vincent Kartheiser, and Kurt Russell.

The Anonymity of Brought by Cryptocurrencies

As earlier stated, the story depicts the negative aspects of the crypto space. One of such is the anonymity of crypto transactions which is usually taken advantage of by criminals. In line with that, these statements were culled from the thriller, “No phone number, no email, just $10m in cryptocurrencies” and “We have a serious problem here, I’m pretty sure the Russian mafia is laundering money through the omni-brancher.”

While the Bitcoin, the most popular cryptocurrency has not been left from the screenplay, other virtual currencies have also been featured. These are Ethereum, Stellar, NEO, and Waves. The thriller also reveals that crypto will hit movie theaters on April 12 and only selected cinemas will be able to feature it.

Kevin Connolly to Star in Crypto Show

On January 20, BTCNN also informed that Kevin Connolly, one of the star actors in 2015’s Entourage film would star in a movie also called “Crypto.” The storyline goes contrary to the current one, where in this case, it is how the decentralized nature of virtual assets will help a group of friends actualize their dream.

Connolly, at that time, had stated that the movie would introduce people to the controversial world of cryptocurrencies. He added that people are curious to know how these assets work and one of the reasons for their reluctance to invest, is because they have little knowledge about the area. Thus, the movie aims to clear some of the doubts about the industry.

Related Posts:

  • No Related Posts

Telegram based Button Wallet integrates Changelly to ease crypto exchange

Changelly, a crypto exchange tool, today announced a new collaboration with Button Wallet, a safe and convenient way to keep your crypto assets on …

Changelly, a crypto exchange tool, today announced a new collaboration with Button Wallet, a safe and convenient way to keep your crypto assets on Telegram, to facilitate easy exchange of cryptocurrency within the app. Now Button wallet users can hold, send transactions and implement crypto-to-crypto exchange.

Button Wallet is pre-installed in Telegram for every existing Telegram user. With the click of a button, transactions are easily performed all within Button Wallet. Users can trade BTC, BCH, ETH, ETC, LTC, Waves, Dai, and ERC-20 tokens. Fiat capability will be added by April 1st.

“Changelly and Button believe in people maintaining power over their own funds. Over time, they strive together to continue to make this process more and more seamless over the coming months.”

Rachael McCrary, CCO of Button Wallet

“We at Changelly always keep an eye on new tools providing various blockchain operations, whether its a crypto transaction or buying crypto for fiat or implementing a crypto-to-crypto exchange. Using one of the safest messengers to execute all these operations was a genius idea. Kudos to Button Wallet, and looking forward to our further collaboration.”

Dmitry Burin, COO Changelly

Now Button wallet users can hold, send transactions and implement crypto-to-crypto exchange…

Want to split the bill at a dinner among friends with various cryptocurrencies? Have a friend to pay you in Bitcoin and then willing to exchange it for Ethereum? Have no cash to tip a Barista? Just find their usernames in Telegram and do a range of simple actions. Just find their usernames in Telegram and do a range of simple actions.

Related Posts:

  • No Related Posts