ROIMAX aims to provide traders with all the educational materials they need to make knowledgeable trades, and to equip them with the trading tools they need to succeed

The online trading brand continues on its quest to provide the best conditions for traders wanting to get involved in the cryptocurrency market. This comes in a period of great uncertainty generated by the COVID-19 pandemic, one that requires traders to find alternative investment tools. Cryptocurrencies are uncorrelated instruments and can serve as an efficient diversification tool for every trader and with the ROIMAX improved offer, things had been taken up a notch.

Global leading trading technology

Traders working withroimax.iocan trade with confidence and benefit from a proprietary platform that integrated some of the most superior technology. With a combination of power and speed, they can optimize their efficiency on the market and trade on any type of device, given the platform is web-based.

Given that trading cryptocurrencies come with a specific set of challenges, ROIMAX had anticipated the need for a personalized trading offer. The platform is tailored towards helping traders perform in one of the most volatile markets.

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Fully aware that clients need access to a wide range of trading features, ROIMAX acts as a trading partner by offering 1-on-1 trading sessions with an account manager who will guide traders every step of the way and equip them with high-quality tools for proper trading.

By this opportunity by ROIMAX is aiming to base relationships with new traders, who are looking for an easy but educated entrance to the trading world.

Wide range of trading instruments and resources

Whats different as opposed to other online brokerage companies has to do with the focus on providing access to a rich list of trading instruments. Most of the popular brokers offer access to a handful of cryptocurrency contracts, but ROIMAX covers tens of different cryptocurrency CFDs denominated in US Dollar, Euro, CAD, or GBP. Aside from crypto-to-fiat contracts, there is a more diverse set of crypto-to-crypto contracts, based on Bitcoin, Ether, or Tether.

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The main difference in trading cryptocurrency CFDs is the ability to use up to 1:40 leverage, as it is with ROIMAX, and only profit from the falling and rising of market valuations. The company stands strong for customers by also providing access to a comprehensive Trading Academy, with a full range of resources to help them find opportunities and take the trading experience to the next level.

Uncertain periods require traders to adapt quickly to fast-changing circumstances. The offer set into place by ROIMAX wants to provide clients with an alternative to the traditional assets (stocks, bonds, commodities, etc.) in the form of cryptocurrency-based CFDs. Given the volatility in all financial markets, traders need to diversify their portfolio and cryptocurrencies are uncorrelated instruments that can help them spread the risk.

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ROIMAX The Online Trading Brand Is Expanding Its Cryptocurrency - AiThority

COVID-19 has impacted the world and its global markets drastically. Fears the virus spread will lead to a pandemic that could slow the global economy are dragging down stock prices; the S&P 500 index is in the red by 10 percent since the beginning of 2020.

Meanwhile, cryptocurrency over-the-counter (OTC) trading volume has been on the rise since the virus became a constant part of the news cycle. We have been seeing a significant uptick in volume over the last 60 days, said Michael Leon, a trader at Chicago-based Althena Investor Services, which specializes in serving OTC clients. Upticks in week-over-week volume for cryptocurrency exchanges such as Coinbase and Kraken are also being seen, according to data from CoinGecko.

Many people are now looking to invest in cryptocurrency but are hesitant as they know nothing about the marketsthats where Nicky Taschew, a young German entrepreneur is stepping in.

VolumeX, a company he started with friends in the cryptocurrency world, educates people on digital currency and teaches them how to invest and create an additional income stream from markets like Bitcoin and blockchain technologies. With revolutionary trading tools, VolumeX delivers consumers an easy and comfortable entry into the world of digital currencies.

Taschew and his friends, who he began working with in 2015, made over 15 million in sales in three years working for different crypto companies. With all the experience and dynamic connections they had, the group organically decided to form their own company.

As the Head of Marketing and Branding, Taschew is behind every single content and market move VolumeX makes and played a large role in developing its unique module education system. Though he studied international business and psychology in college, Taschew originally planned on being a professional table tennis player. Fluent in french, german, English and Bulgarian, it was only after meeting an Austrian girl through a dating app that he was introduced into the world of cryptocurrency.

Currently, the company educates thousands of affiliates and customers regarding financial growth through introducing them to Bitcoin services and helping customers with the groups knowledge and techniques in order to create an additional income stream.

VolumeX is now one of the biggest cryptocurrency opportunities in German, Austrian, and Swiss markets. With the surge of the cryptocurrency markets with declining trust in traditional governments, this is a perfect opportunity to grow their market share. In 2020, they are looking to expand to international clients and markets and help more people understand digital currency and empower them to change their lives.

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How Cryptocurrency Can Save and The Man Who Is Helping - Net Newsledger

Cryptocurrency Market has recently added by Supply Demand Market Research to its vast repository. This intelligence report includes investigations based on Current scenarios, Historical records, and future predictions

The research report on the Cryptocurrency Market is a deep analysis of the market. This is a latest report, covering the current COVID-19 impact on the market.

The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions.

The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. Experts have studied the historical data and compared it with the changing market situations.

The report covers all the necessary information required by new entrants as well as the existing players to gain deeper insight.

More Information | Get Free PDF Sample Report Now! http://www.supplydemandmarketresearch.com/home/coRSE1010111

The report is a mindful assortment of vital factors that lend versatile cues on market size and growth traits, besides also offering an in-depth section on opportunity mapping as well as barrier analysis, thus encouraging report readers to incur growth in global Cryptocurrency Market.This detailed report on Cryptocurrency Market largely focuses on prominent facets such as product portfolio, payment channels, service offerings, applications, in addition to technological sophistication.

Major Company Profiles Covered in This Report: ZEB IT Service Coinsecure Coinbase Bitstamp Litecoin Poloniex BitFury Group Unocoin Technologies Private Ripple OKEX Fintech Company Bitfinex

study explored across globe covering over 15+ countries with detailed data layout spread from 2013 to 2025 and nearly 12+ regional indicators complimented with 20+ company level coverage. The study is built using data and information sourced from various primary and secondary sources, proprietary databases, company/university websites, regulators, conferences, SEC filings, investor presentations and featured press releases from company sites and industry-specific third party sources.

Product Type coverage like market size & forecast, diverse ultimatum by region, key consumer profile etc: Bitcoin (BTC) Ether (ETH) Litecoin (LTC) Others

Cryptocurrency market size by Applications Transaction Investment Others

Besides these aforementioned factors and attributes of the Cryptocurrency Market, this report specifically decodes notable findings and concludes on innumerable factors and growth stimulating decisions that make this Cryptocurrency Market a highly profitable. A thorough take on essential elements such as drivers, threats, challenges, opportunities are thoroughly assessed and analysed to arrive at logical conclusions.

Additionally, a dedicated section on regional overview of the Cryptocurrency Market is also included in the report to identify lucrative growth hubs. These leading players are analysed at length, complete with their product portfolio and company profiles to decipher crucial market findings.

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This research report expresses import export data, industry supply and consumption numbers and price structure, industry revenue, and gross margin by leaders like: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Some important Questions Answered in Cryptocurrency , Market Report are:

Will be the market size of the Cryptocurrency , showcase in 2029?

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Finally, Cryptocurrency , market report gives you details about the market research findings and conclusion which helps you to take profitable industry decisions to gain competitive advantage.

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In conclusion, the Cryptocurrency Market report is a reliable source for accessing the research data that is projected to exponentially accelerate your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rate, and figures.

SWOT analysis is also incorporated in the report along with speculation attainability investigation and venture return investigation.

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Cryptocurrency Market overview with demographic data and industry growth trends by 2025 - WhaTech Technology and Markets News

According to Ross Ulbricht, best-known for creating and operating the darknet market website Silk Road, Bitcoins price is headed downward. Using the Elliot Wave Theory for his analysis, Ulbricht believes that there might be more pain ahead, taking the price significantly lower.

In a detailed blog post, Ross Ulbricht, the founder of the infamous Silk Road dark market, pointed out that Bitcoins price may be headed lower.

According to the popular Elliot Wave Theory, the price for the primary cryptocurrency could decrease to as low as $1,200. However, its worth pointing out that this is the bottom range of his analysis, as the movement of the current Wave II could take the price to anywhere between $2,800 and $1,200.

Supposedly, the current wave marks a correction which often ends in the price range of the previous fourth wave of one less degree. This wave is the one from back in 2014 and the two previous bear markets reduced the prices by 86% and 94%.

An equivalent reduction by wave II would take prices to $2,800 or $1,200. Wave A of II reduced prices by 84%. An equivalent reduction by wave C of II would take prices to $2,200. Ulbricht explains.

However, Ulbricht also says that its hard to estimate the duration of the wave and that its rather imprecise. He explains that there are two probable scenarios, the first of which ends around June or July of this year, while the second one could drag on into 2021.

Ulbricht says that a break below the major low of $3,200, which is where Bitcoin traded back in December 2018, would be a solid confirmation of the pattern. This is when he will be trying to determine when the final low is in.

To invalidate this theory, Bitcoins price would have to increase towards $14,000 which is the high of 2019. Yet, he says that at this point that seems like a very unlikely scenario.

Its also worth noting that the theory Ulbricht is using is so far playing out. During December, he said:

A drop below the beginning of wave 2 (around $4,200) would invalidate the impulsive count of wave (5) because wave 4 cannot overlap wave 2 This would indicate a much greater likelyhood that our second scenario is playing out.

Bitcoins price has indeed dropped below $4,200 on March 12th-13th when it touched $3,600.

Featured image courtesy of Vanity Fair

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Silk Road Founders Bearish Prediction on Bitcoin: The Primary Cryptocurrency Could Go To As Low As $1,200 - CryptoPotato

You might beamazed at the high returns the crypto-world has to offer or just fascinatedwith this new talk-of-the-investment-town. The reason can be anything; thepurpose is that you want to kick-start your journey in this world. But, beforeyou do so, it is important to spare time and understand how to go about it.People who are making money on this platform didnt just wake up one finemorning and started getting results. That is not how it works.

The first step isto reckon that you arent financially mature enough, and there is a lot of workinvolved behind the scenes to make a difference. Otherwise, if not at once, atsome point in the way ahead you are sure to lose money. It is simple, seecryptocurrency as an asset and just like before investing money in an asset,you try to learn about its returns, the production process, and other factors.Why not do that with crypto as well?

Below, I havecompiled a list that works for the same purpose: to establish your standing fora head-start in the world of crypto. Keep reading.

Dont jump into crypto without a clearunderstanding

Just because yourfriend from work made a fortune from cryptocurrency doesnt mean you will jumpinto it without any knowledge about its basic functioning and conditions. Of course,you can also earn the numbers you desire but rushing and hurrying is definitelynot the way ahead.

Thus, if you arehere for the long run, you must first understand its course of action. Forinstance, how many of you know the central bank does not regulatecryptocurrency? It is instead built on a peer-to-peer network. What are thefactors that cause their rates to multiply and divide? What led to the cryptoboom in the year 2018? Is this approach to earning secure enough? If there waseven one question in this set that went unanswered, then get back to the groundand start researching!

The employedprinciples of cryptocurrency ensure that everything is secure and safe from theviewpoint of third parties. Crypto operates on a similar mechanism like foreignexchange. It works through transactions, which is the transfer of funds betweenwallets. When the transactions are confirmed they are referred to mining andare stored in the public ledger. Of course, all of this is a lot more complex.So before you dump in your first investment in the crypto game, make sure yourresearch is on-point and you are well-aware of the basics of cryptocurrency.

Note: Browselatest updates and news in the crypto niche here https://top10bitcoinrobots.com .

Expects Ups and Downs

If the primaryreason you are beginning to invest in crypto is because you think the graphonly rises, DONT!

In fact, cryptois a very volatile market and expect-the-unexpected kind of genre ofinvestment. Just because it has been going up for a while, does not mean itwill always go up. There are more chances than not that the bubble will burstvery soon.

Like I mentionedearlier, the policies of the central bank dont apply to cryptocurrency, whichmeans politics will not play a role. But, on the other hand, there are a lot ofother factors that majorly affect its value, that requires individual attentionand learning

Heres a quickexample for you to explain the volatility of the crypto market: Back in the year2017, there was an unprecedented boom of Bitcoins. But a few weeks into 2018,and Bitcoinplunged nearly by 60%. You read thatright!

If I had to putit in a sentence, it would be Cryptocurrency isnt for the faint-hearted.

Move ahead with a Strategy

All your researchwork on crypto will be useless if you havent used it to carve out a plan ofaction or strategy of your own. If you are business, accepting payments in theform of crypto can prove to be a legitimate approach and a threat to otherbusinesses. However, you must be aware of all the businesses/industries thataccept payments in crypto.

Even though therehas been a lot of discussion on this topic: I think, initially, you mustconsider cryptocurrency as speculating rather than investing. You can alsoinvest conservatively considering the volatility, despite all the mainstreamattention. Whatever it may be, work on a strategy, because if you go with theflow, you might just be drowned in losses.

Research! Its common sense

The numerousbenefits of this point make me emphasize it EVERYTIME. When it comes to buyingcryptocurrency, a go-to strategy will be to buy when the price is considerablylow. That is what most people do. However, if its value is on a constant slideand is expected to fall more in the near future, its wise not to invest in it.

The more youresearch the more you will observe charts and other analysis tools on trendsand price movements. Thats the thing, the more you research the more you willbe able to predict appropriate future movements.

Although, you canreach out to a cryptocurrency broker who will do all the research work for you.However, remember no one can replace self-research.

Practice Investing

It is when youhave performed the above 4 things with efficiency, I believe you are nowactually ready to invest and practice on the markets.

This is when youhave got a better understanding of cryptocurrency and you can kick-start thereal game. Before you invest, as I said, crypto and forex hold similarities;you can try your newly-learned skills on demo foreign exchange accounts. Thiswill actually advance your senses on how crypto actually works. You will getreal-time experience on how to spot opportunities, trends, risks and learn howto make transactions.

Securing Cryptocurrency

Back in 2017, Bitcoinsrelation to fraud tripled. So, securing your crypto is a must. Try to use a highly securewallet or only use the ones that have positive reviews, reputable names and aredependable. Although nothing comes with a guarantee, this is relatively moreauthentic. Also, remember to use strong passwords and two-factorauthentications. Try to be as rigorous as you can.

Wrapping up!

Investing incryptocurrency is a process and not a regular If I can do this, I can do cryptoalso. There is a lot of groundwork that must be invested to actually make afortune or even living from the same. Especially for a newbie, try not to makerookie mistakes. After all, it is your real hard-earned money on the stakes.

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Finance2 days ago 4 Things to Know Before Investing in Cryptocurrency - Modern Diplomacy

Morgan Creek Capital Management founder and CEO Mark Yusko is revealing why XRP is not included in the firms cryptocurrency index fund.

In a new interview with Thinking Crypto, the hedge fund manager says the primary reason is concern over how centralized the crypto asset is.

I still struggle with the XRP-Ripple structure or how cash flows are created or shared. But thats a topic for another day.

Yes, there is a point at which, if they had enough distribution of XRP, it could qualify for the index.

Morgan Creeks Digital Asset Index Fund, which was created to give investors a crypto version of the S&P 500, offers Morgan Creek clients exposure to the 10 largest cryptocurrencies minus XRP, which is the third-largest cryptocurrency, with a market cap of $8.2 billion.

Yusko also notes that the hedge doesnt own Stellar (XLM), 13th-largest cryptocurrency.

The Stellar network is an open-source payments platform for all kinds of digital currencies. It was co-founded by Jeb McCaleb, the former co-founder and chief technology officer of Ripple.

The Stellar Development Foundation owns 30 billion of the 50 billion XLM in existence. Yusko explains,

We exclude anything thats too closely held. So we dont own Stellar and we dont own XRP.

Ripple owns more than half of the 100 billion XRP in existence. While most of the coins are locked in escrow, Yusko says his firm remains concerned about potential price manipulation.

Featured Image: Shutterstock/IM_VISUALS

Continued here:
Leading Digital Asset Manager Says Ripple and XRP Connection Key Reason for Exclusion From Crypto Index - The Daily Hodl

With markets open 24 hours a day and mobile trading platforms readily available, foreign exchangeis one of the easiest forms of trading in practical terms. However, the relentlessness of market fluctuations can make crypto & forex trading appear intimidating for beginners. That volatility is a double-edged sword; while the volatility is what provides traders with plenty of opportunities for profit, market swings can also take investors by surprise.

Fortunately, there are several ways that a trader can prepare themselves for forex trading. By practicing with a demo account, identifying an area of expertise, and evaluating how past events have affected the markets, a newcomer can start their forex trading career with confidence.

While reading a detailed guide to trading may give you an idea of the terminology and the tools in the world of forex, the best way to learn is by doing. In a pursuit where bankroll management is paramount, you dont want to be chipping away at your trading budget while youre still learning the ropes.

This is why it is essential that a beginner experiments with a demo account before trading with real money. Using the IG trading platform as an example, setting up a forex demo account gives users access to $10,000 in virtual funds and to test trading strategies on the go via mobile apps. This gives wannabe investors an insight into how the trading world operates, so they gain an idea of what theyll need to do once they switch to their own money.

The demo account helps rookies to work out just what sort of trader they want to be. Try lots of different trading strategies to establish what fits with your style, while usingthe pressure-free environment to get to grips with identifying and analyzing market patterns. When there are market fluctuations in the real world, youll want to respond instantaneously for maximum benefits. A forex demo account is an effective way of making those responses more intuitive.

Forex market fluctuations are far more susceptible to real-world geopolitical and economic developments than cryptocurrencies, so it is important that traders only get involved with markets that they know well. Forex trading is based on currency pairs, in which you buy one currency and sell the other. One safe approach is to ensure that one of those currencies is your national currency, as you will naturally have greater familiarity with the market.

Source: Pixabay.

If you dont have one particular area of market knowledge, then it is advisable to focus on the most popular currency pairs at least to begin with. You may wish to start with any pair involving some combination of these major currencies: the US dollar (USD), the euro (EUR), the British pound (GBP), the Japanese yen (JPY), or the Chinese yuan (CNY).

These currency pairs have a higher liquidity, making iteasier for you to buy and sell at the optimum price. These currencies are also more prominent in global affairs, given the size of the economies they support and their nations significance in world trade. If you have in-depth knowledge of a more niche currency, then make that your focus. Market sentiment drives fluctuations in value, so knowledge of a currency like the Nigerian naira (NGN) or the Qatari rial (QAR) may help you anticipate changes in mood and swings in value.

Here are threeexamples of key globalevents in recent years that have provided (and may continue to provide) opportunities for traders.

This trade dispute has been dominatingglobal finance newssince the start of 2018. The dollar has largely performed strongly throughout, but any resolution to the dispute is expected to cause the USD to weaken. Better trade relations give China renewed power as an exporter, allowing the CNY to make gains against the dollar.

This was made clear in mid-January, when the dollar shed value following the signing of the Phase 1 trade deal. The USD closed play at 6.85957 against the CNY three days after the deal, its lowest ebb for six months. Future deals may provoke similar falls, so traders will be closely watching for indications that a deal is imminent. A weaker USD also generally spells good news for emerging economies, so investors may look at alternative currency pairs that provide opportunities to oppose the dollar.

The United Kingdoms departure from the European Union is expected to have long-term effects on the UK and economies in the eurozone. The protracted Brexit process is an example of how market sentiment causes fluctuations. Every time an orderly exit from the EU looked more likely, investors gained confidence in the GBP.

For example, the Conservative Partys securing of a majority at the end of 2019 reinvigorated the GBP, with traders more confident ofa definitive resolution to Brexit. Markets generally respond well to certainty, although traders will be monitoringthe UKs trade talks with the EU to determine what sort of economic relationship the two parties will have in the coming years. The product of those negotiations will cause further fluctuations anticipating the direction of those swings will be the challenge for the trader.

While the two aforementioned political sagas haveprecedents to help traders forecast future market swings, the coronavirus outbreak has presenteda unique and extreme threat to the global economy. Forex marketshave fluctuated wildly as the virus has spread across the world, withcaution naturallyadvised for traders ifpurchasing currencies during a global pandemic.

Once again it comes down to the question of certainty. If the world gains a firmer idea about the potential long-term impact of coronavirus, then investors can begin to act with more confidence. While many currencies have beenplunged into downward spirals, identifying the moment when the tide turns could allow a trader to gain exposureto a currency at a favorable price. This is why it is imperative that aspiring traders stay apprised ofnews emerging from every continent.

Experience fromother marketssuch as cryptocurrencies may give you the confidence to dive straight into forex trading. However, taking the time to develop trading strategies and get to grips with the mechanisms of forex will naturally give you a better chance of predicting market changes and capitalizing on those fluctuations.

Excerpt from:
How to Get to Grips with Cryptocurrency and Forex Market Fluctuations | ChainBits - ChainBits

However, throwing light on the rare events of hacking in the crypto world, Binance, the worlds largest cryptocurrency exchange based on the transaction volume, admitted in the mid-2019 that they had become the victim of alarge scale data breach. The breach was reported to have resulted in the loss of the cryptocurrency worth US$40 million. Binance had claimed that there occurred a stealing of over 7,000 BTC from the companys hot wallet.

In the year 2019, the Ethereum Classic blockchain reported to have a security compromise. Although the Cryptocurrency hacking and theft has only been asmall part in the cyber threat index, the significant risk it poses cannot go unseen.

It is essential to bring to notice that the impossibility of Blockchain un-hackability may no longer be a fact, and chances of hacking events can yet occur.

Coinbases security team had observed unusual activities in the Ethereum Classic network in January 2019. It seemed that the alternative currencys history of transactions was under attack. This event enabled the hacker to rewrite the transaction history, leading to the double-spending of crypto coins. It was possible for the hacker because he managed totake control of the Ethereum Classic networks computing resources. The hack reported to have led to the stealing of coins equivalent to $1.1 million.

51% is the label given to this attack because the hacker was successful in taking control of more than half of the computing capacity of a cryptocurrency network (half+1%). Control of the majority of the computing resources in the network gives the hacker the ability to tamper Blockchain. And once this interference in the consensus mechanism occurs, guarantee of the integrity of the system becomes extremely difficult.

51% attacks so far have only been worked on smaller cryptocurrencies. There existed no reports on Bitcoin, Bitcoin Cash, Ripple, and other top digital currencies, and this is the only soothing fact.

The hacking of the Blockchain requires humongous computing power, at least 51% of the entire cryptocurrency network. There would be a need for numerous superfast computers working together or millions of devices infected by cryptojacking malware. 51% attacks have occurred on less popular cryptocurrency due to their small underlying network of computing resources.

The attacker first generates an alternate and isolated version of the Blockchain and does not directly start with the stealing of coins. The attacker then cleverly builds blocks that are not broadcasted to other miners. As a result, a fork occurs that is followed by the regular miners and another by attackers miners.

The isolated alternative Blockchain is created by the attacker to take advantage of reversing the transactions and in enabling the double-spending by broadcasting the isolated Blockchain to the network and by outpacing other miners in completing blocks with the superior computing resources.

The regular miners then forced to acknowledge the faster, longer, and heavier alternative blockchain version as the correct one and eventually switch to it as the new canonical transaction history since the design of most blockchain-based cryptocurrencies to be deferred to the rule of the majority.

The hack makes the re-use of coins that were already spent or transferred to other wallets possible, thus, implying that the new transaction history does not indicate the creation of crypto coins out of nothing.

This process lets the previously confirmed transactions be reversed, or ongoing transactions are voided to give way to a new transaction history. However, this can mean the loss of coins held by an original owner to recognize a new holder based on the new transaction history.

The crude attacks may not prove to be direct assaults on Blockchain, but they can occur merely because of human errors. The failure of using strong passwords, two-factor authentication, and other security measures all fall under human errors.

In 2018, the51% attack against the Verge blockchainwas possible because there existed a flaw in the Verge blockchain protocol, making it possible to generate a more extended version of the Blockchain in a short time.

Due to the extreme challenges, the 51% attack poses, the cybercriminals steal bitcoin and other coins with their usual attack methods instead where social engineering and malware are usually involved.

To cite an example of asocial engineering attack, in the year 2013, Bitcoin was attacked wherein, 4,100 coins were stolen from the now-defunct digital wallet Input.io. This attack has since then put Input.io out of commission. Also, it was reported that this happened as the attacker was successful in deceiving the sites owner to give details required for a password recovery request via email.

The most popular usage of malware software involves a clipboard hijacker.Attackers steal login credentials and access online wallets by employing screenshot takers and key-loggers. Few of them also use compromised crypto-trading add-ons written in JavaScript. And few others might also use slack bots, which sends fake notifications about non-existent wallet issues to convince the target to enter their private keys.

The Cryptocurrency security doesnt possess perfection. But, the use and further development of the new class of digital assets cannot merely be disrupted or discouraged because of the few security issues. As cited in the examples, most of the weaknesses of crypto security is due to the human factor, the failure to secure personal crypto wallets. Lastly, the hackability of Bitcoin and other cryptos is possible, but there exists no strength in this reason to give up on the idea of a decentralized currency.

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Cryptocurrency Hackability, All That One Needs to Know - The Coin Republic

Reddit, a content aggregator website, is working on a blockchain-based points system to reward its communities.

Revealed by a Reddit user MagoCrypto, the so-called community points will feature a new subreddit system, giving extra benefits to the users of the platform.

The Most Diverse Audience to Date at FMLS 2020 Where Finance Meets Innovation

According to the post on the Cryptocurrency subreddit, the new rewards system is based on Ethereum blockchain.

Could Advanced Execution Engines Help Exploit Volatile Markets?Go to article >>

Confirming the prospect, a Reddit spokesperson said: We continuously experiment with ways to support communities on Reddit. In this instance, were working with one community to test a feature that represents a users involvement in a community. We value and seek out community feedback as we continue to explore features that engage our users and communities.

The spokesperson, however, did not say anything about the usage of Ethereum.

Reddit is one of the favorite platforms for crypto users with many subreddits for discussion on specific topics.

Now, the platforms pilot for a new rewards system is not an abrupt decision as it was mulling for the same for a while.

Points are a measure of reputation and contribution within a community. To highlight the most important members of a community, points balances will be displayed next to usernames on posts and comments in the subreddit, the FAQ section in the Reddit post detailed.

Reddit already awards Karma to its users for engagement on the platform, but that only shows the reputation of the user on the platform, nothing else. With the new rewards system, Redditors will have points with real value.

Users can spend Points to buy Special Memberships in their community. A special membership unlocks exclusive features in the community, the post detailed. The points are destroyed (burned), making everyone elses shares of Points go up. This ensures that buying memberships rewards the community as a whole.

See the original post here:
Reddit to Bring an Ethereum-Based Rewards System - Finance Magnates

TOKYO, April 9, 2020 /PRNewswire/ -- In the global field of blockchain technology, Chainbank has been recognized as the most reputable and advanced wallet platform in terms of technology sophistication and security. It holds the highest status within the industry. Chainbank provides its exclusive technology innovation only to mainstream crypto currencies such as BTC, BCH, ETH, etc., and simultaneously implements third-party cryptocurrency financial management.

After market research and analyzation of more than 5,000 cryptocurrencies world wide, Chainbank finds Fight to Fame BMS action star reality show FF Token to be the only one that realizes the three major functions: of Circulation, Trading and Wealth management. Within months of it appearance, FF Token has won the favors and support of successful and wealthy individuals in many countries around the world. Within 6 months, it has successfully signed contracts and LOIs with various royalties, presidential candidates, gambling giants, political figures, cryptocurrency community leader and celebrities within those countries that support cryptocurrency.It is important to note, in the crypto currency market, there is no Saturday or Sunday and there is no day or night. The trading volume has exceed 174 billion U.S. dollars every 24 hours. This number has doubled since 2019. FF Token is based on decentralization of blockchain. At this time, the emergence of the FF Token fully realizes the relationship between people and fight events, people and movies, and it has established industry standards.

It is worth mentioning that FF Token has been pre-sold in the cryptocurrency industry for less than 6 months, and the limited pre-sale price in more than 10 countries and regions has surged by 333% before being publicly listed. Of particular note, FF Token has successfully signed contracts with local gaming industry giants in various countries and regions, and its token has become playable currency in the form of an original "cryptocurrency as standard chip" cooperation model and action star reality show. The decentralized voting mechanism is used to implement FF Token's online player betting, ticketing and exchanging of derivatives. In some countries, due to the affirmation of the Fight to Fame BMS action star reality show FF Token, special national game licenses have been issued. Only FF Token has been issued and received an exclusive cryptocurrency online sports betting license. This is a new initiative and unprecedented in the global cryptocurrency industry.

InAsia, Latin America, and Africa, because of Fight to Fame BMS events,the original business model of Blockchain + Movies + Sports, some countries have awarded Fight to Fame BMS action star reality show special contribution awards. FF Token's global private placement limited pre-sale has already been 100% scheduled to be completed, and the publicly-sold Token, on the exchange, has also sold 60%. Once the FF Token is listed globally, the exchange will have limited to no tokens to provide. The tokens then can only be acquired from the original investors.

On these foundations, after rigorous review of the more than 5,000 cryptocurrencies in the market, Chainbank has accepted Fight to Fame BMS action star reality show FF Token as a mainstream cryptocurrency, in addition to Bitcoin, Bitcoin Cash, USDT, Ethereum, etc.This further reflects the extremely high valueof FF Token.

According to famous Chinese reporter Mr. Song, anyone in the US who wants to reach out to Fight to Fame BMS in terms of events and movies cooperation, he can contact George Kong at g.kong@fighttofame.com.

https://fight2fame.com/ http://chain-bank.net

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SOURCE Fight to Fame

Originally posted here:
FF Token is designated by Chainbank as the only token wealth management product in the global cryptocurrency industry - Benzinga