Netflix Cancels Production of Turkish Original If Only Over Censorship of Gay Character – Variety

Netflix has canceled production of Turkish original If Only over government censorship of a gay character in the script, a source close to the streamer has confirmed.

The announced show was to have been produced by Turkish production powerhouse Ay Yapim and has been described in promotional materials as the story of Reyhan who is unhappy and disappointed in her marriage with Nadir. Ay Yapim has declined to comment.

Turkish authorities denied permission for If Only production to take place in the country after reviewing the script, in which one of the five characters was gay. Netflix refused to change the script and opted instead to cancel production of the show, while paying all preproduction costs, the source said.

Ay Yapim also produces another Netflix Turkey original, Love 101 (pictured), which recently stirred controversy in Turkey when speculation began circulating on Twitter in April that a character on the show would be revealed to be gay, reportedly irking Turkeys media authority. A Netflix spokesman has confirmed the show does not have a gay character.

Off the back of If Onlys cancellation, local reports in Turkey speculated that Netflix would pull all of its productions in the country. Variety has confirmed, however, that the streaming giant will continue with other projects.

Netflix remains deeply committed to our Turkish members and the creative community in Turkey. We are proud of the incredible talent we work with, the Netflix spokesperson said. We currently have several Turkish originals in production with more to come and look forward to sharing these stories with our members all around the world.

Netflix currently has five Turkish originals in various stages of production. The streamers first Turkish original The Protector has been a global hit and is considered a game-changer in terms of disrupting production models and storylines in Turkeys TV market.

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Netflix Cancels Production of Turkish Original If Only Over Censorship of Gay Character - Variety

Turkey is Using Pandemic to Tighten Chokehold on Free Expression – Balkan Insight

Turkey remains Not Free in Freedom Houses 2020 Freedom in the World index, in large part due to the level of retribution against exercising ones right to free expression. Many of those safeguards for rights protections in Turkey had been stripped away before COVID-19 took hold. In 2016, following a failed military coup attempt, over 150 media outlets were shuttered, and thousands of journalists, activists, and ordinary citizens were jailed under allegations of participation in terrorist activities.

At Freedom House, before the pandemic unfolded, we conducted research on public trust in the media in Turkey. We found that pressures and restrictions against media in Turkey have contributed to low public trust in the media overall, as well as a significant shift in media consumption habits. We learned that the Turkish public has turned more and more to the internet and to social media as sources of information and news.

However, this shift comes with significant public concerns about, and anxiety around, censorship, surveillance and untrustworthy information. Sixty-nine per cent of respondents expressed concern about the effects of censorship in Turkey, and 64 per cent revealed that they were worried about the government monitoring their online activities. Thirty-five per cent of those who expressed concerned about these issues were specifically troubled by the governments concealment of rights abuses.

A proposed draft law on social media appeared on the scene in April, and this month, President Recep Tayyip Erdogan vowed to tighten his grip on social media. Following that promise, at least 11 people were detained for posting allegedly insulting tweets about Erdogans newborn grandchild.

The passage of this legislation would ultimately give the authorities more control over content online, including Facebook, Instagram, and popular apps like WhatsApp and Messenger. These measures impact the free speech not just of outspoken journalists and activists but the broader public, as they turn increasingly to social and online media for information and expression. These decisions also bleed into the entertainment sphere; Netflix was blocked on the Turkish parliaments campus this month. As 130,000 websites in Turkey were banned in 2019 alone, the streaming giant might very well follow suit.

After a gay character in a Turkish-language drama on Netflix created a backlash in Turkeys conservative circles, Erdogan told Reuters: Do you understand now why we are against social media platforms such asYouTube, Twitter and Netflix? These platforms do not suit this nation. We want to shut [them] down, control [them] by bringing [a bill] to parliament as soon as possible.

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Turkey is Using Pandemic to Tighten Chokehold on Free Expression - Balkan Insight

Explained: The controversy around the Pakistani film Zindagi Tamasha – The Indian Express

Written by Surbhi Gupta, Edited by Explained Desk | New Delhi | Updated: July 21, 2020 6:57:26 pm Directed by the acclaimed Pakistani filmmaker Sarmad Khoosat, Zindagi Tamasha won the prestigious Kim Ji-Seok Award at the Busan International Film Festival last year. (Still from the trailer)

Last week, Pakistans Senate Committee for Human Rights approved the release of the film Zindagi Tamasha, dismissing all objections raised against it. Senator Mustafa Nawaz Khokhar of the Pakistan Peoples Party (PPP), who chairs the panel, said in a tweet on July 14 that the committee had found nothing wrong with the film, and that the Pakistani censors could now go ahead to release it post-Covid.

Two days later, however, a petition was filed in a Lahore court seeking a lifetime ban on the film. Following a short hearing, the Additional Sessions Judge asked for a reply from the makers of the film, and adjourned the hearing until July 27.

Directed by the acclaimed Pakistani filmmaker Sarmad Khoosat, Zindagi Tamasha won the prestigious Kim Ji-Seok Award at the Busan International Film Festival last year. A bilingual film that is mostly in Punjabi, it stars Arif Hassan, Eman Suleman, Ali Qureshi, Samiya Mumtaz, and Imran Khoosat.

The films scheduled release on January 24 this year was stalled, and a series of protests, open letters, and multiple reviews by the censors followed.

What is the film about?

An exploration of many themes, Zindagi Tamasha tells the story of Rahat Khawaja (played by Arif Hassan), a naat khawan a poet who recites poetry in praise of the Prophet. In an introduction of the character, the filmmakers said that Rahat Khawaja enjoys a celebrity status amongst the community in the old city of Lahore, and is a devout Muslim, who, in the eyes of everyone is a superhuman incapable of any sacrilege. Hence, when he does wrong there is no forgiveness for him.

From the trailer of the film it appears that Khawaja and his family find themselves ostracised after a certain video featuring him becomes public. The contents of the video are not clear. The trailer appears to hint at the misuse of Pakistans infamous blasphemy law. Sarmads sister Kanwal Khoosat, who has co-produced the film, has said that tolerance is the overarching theme, and main takeaway of the film.

Who is Sarmad Khoosat, the films director?

Khoosat, 41, is a critically-acclaimed filmmaker, and considered by many to be among Pakistans best. After directing TV shows and telefilms for some years, Khoosat made his big screen directorial debut with Mantoin 2015. The critically and commercially successful film had Khoosat himself playing the role of the novelist and playwright Saadat Hasan Manto.

Khoosat has been active in the Pakistani entertainment industry for well over a decade, and has directed the popular TV drama Humsafar, starring Fawad Khan and Mahira Khan, and Shehr-e-Zaat. He was awarded the Pride of Performance, the highest national literary honour by the Pakistani government, in 2017.

Who is opposing the release of the film?

After the film was cleared by the censor board, the Islamist political party Tehreek-e-Labbaik Pakistan (TLP), began protests against its release. Even after the board reviewed and cleared the film for the second time after asking for a few cuts, the TLP called for mass rallies across the country.

The characterisation of the naat-reader in the film is such that it can cause discomfort to the public and might lead them to deviate from Islam and Prophet (Muhammad), the TLP had said in a statement. Thus this movie must not be released as it could otherwise be a grave test of the Muslims of the Islamic Republic of Pakistan.

The party was founded by the Barelvi preacher Khadim Hussain Rizvi after the 2016 hanging of Mumtaz Qadri, a commando who had been assigned to protect the former Governor of Punjab province Salmaan Taseer but who had, in 2011, killed the Governor as alleged retribution for Taseers statements in favour of Asia Bibi, a Pakistani Christian woman who had been convicted of blasphemy.

The TLPs main agenda has been the opposition to attempts at changing or diluting the blasphemy laws. It has held several protest rallies and demonstrations to this end, and has shown its ability to gather massive crowds. The TLP contested the elections in Pakistan in 2018, and won three seats in the Sindh provincial assembly.

What position has the government taken?

While the film was cleared by all three censor boards (the CBFC, Punjab, and Sindh boards) in Pakistan, the Sindh Board of Film Censors put a ban on Zindagi Tamashathree days before its scheduled release, as it anticipated that it could cause unrest within a segment of the society. The censor authorities in Punjab followed suit.

Firdous Ashiq Awan, who was then adviser to Prime Minister Imran Khan on Information and Broadcasting, tweeted that the producer of the film had been told to delay the release until the censor board had consulted with the Council of Islamic Ideology (CII), a constitutional body that advises the legislature on Islamic issues. This was the first time in the history of Pakistani cinema that the approval of the CII was sought on the content of a film.

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How did the filmmaker respond?

In an open letter written a few days before the scheduled release, and addressed to the countrys President, Prime Minister, Chief of the Army Staff, Chief Justice, Ministry of Information, and the public at large, Sarmad Khoosat said that he wanted to explore themes like gender constructs, class divisions and human experiences.

There was never any intention to attack, to point fingers at or humiliate any individual or institution, he said.

Khoosat subsequently tweeted that he had been getting dozens of threatening phone calls and messages, and published a second open letter, in which he reiterated that the film was about a good enough Muslim there was/is no mention of a sect, party or faction of any sort. Neither in the uncensored nor the censored version. He said that his film was an empathic and heartfelt tale of a bearded man who is so much more than just that.

How has Pakistani civil society reacted?

Civil society, the film fraternity, and sections of the media have come out in support of Khoosat, and criticised the government for succumbing to pressure from extremist elements. Among those who have backed Khoosat is the acclaimed British-Pakistani writer Mohammed Hanif (who wrote A Case of Exploding Mangoes), who has seen the film, and who wrote a blog for Samaa TV in an a bid to clarify some points.

The film, Hanif said, was not about child molestation, as had been alleged. The subject doesnt figure at all in the plot, nor is it a part of the subplot. Its neither mentioned nor alluded to, he wrote. He said that there was one line in which the main protagonist says, But what about those who molest children? And the censor board had ordered even that line deleted, he said.

Hanif also said that there were no ulema in the film, and that the protagonist was a small property dealer. He is a compassionate man, who helps out the needy, composes and reads sehras at weddings and makes halva at Eid Milad un Nabi and distributes it. He is not a professional naatkhwan, but he loves reciting naats.

According to Hanif, the only taboo the film breaks is showing a man with a beard doing household chores. I cant remember the last time a bearded man or any man was shown in a film cooking, doing laundry, doing his ailing wifes hair. Is showing a bearded man doing house chores an insult to our faith? he wrote.

Which films have been banned in Pakistan?

Pakistani censors have repeatedly banned Indian films, including Padman, Raazi, Raees, Udta Punjab, Neerja, Haider, Bhaag Milkha Bhaag, among many others. They also banned The Da Vinci Code in 2006 after protests from the Christian community.

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Explained: The controversy around the Pakistani film Zindagi Tamasha - The Indian Express

GitHub is done depositing its open source codes in the Arctic – Yahoo Finance Australia

Last year, GitHub revealed its plan to store all of its open source software in an Arctic vault as part of its Archive Program. Now the code-hosting platform is done making sure future generations can access them even if civilization collapses within the next 1,000 years. In a blog post celebrating the undertakings success, GitHubs Director for Strategic Programs Julia Metcalf has revealed that the services code collection was deposited into the vault on July 8th, 2020 after delays caused by the coronavirus pandemic.

GitHubs archive partner Piql wrote 21TB of repository data onto 186 reels of piqlFilm a digital photosensitive archival film that can be read by a computer, or a human with a magnifying glass. You know, in case humanity suffers from global power outage. The service originally hoped to be done with the task by February, but it had to wait until it was possible for the Piql team to travel to the Norwegian archipelago of Svalbard, which only recently re-opened its borders. It also had to drop its plans to send its own team to the Arctic.

The collection now sits inside a chamber within a decommissioned coal mine, under hundreds of meters of permafrost. To recognize everyone who contributed to the software stored in the vault, GitHub is also rolling out a special badge thats displayed in the highlights section of a developers profile. Hovering over the badge shows the projects they contributed to, which ultimately became part of the Arctic Vault.

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GitHub is done depositing its open source codes in the Arctic - Yahoo Finance Australia

How Vendor Lock-in Works In Analytics And How To Avoid It – Analytics India Magazine

Despite all of the valuable technology products available today on the cloud, many corporations who are considering migrating to the cloud have concerns. And one of the primary issues is vendor lock-in.

For starters, vendor lock-in means a condition where the price of switching to another vendor is so high that the customer is stuck with the first vendor. Because of budgetary pressures, an inadequate workforce, or the necessity to avoid obstructions to business operations, the customer is locked-in to what may be a substandard product or service.

Today, many companies have no dedicated servers or dedicated capacity and are priced according to the compute capacity consumed by them. In theory, cloud workloads can be moved from one public cloud provider to another, but it would be a complicated task by embedding a company into a single public cloud infrastructure limits the ability to change vendors.

If a vendors quality of service declines, or never meets the desired threshold, to begin with, the client will be stuck with it. The vendor may also drastically change their product offerings in such a way that they no longer meet business needs. Finally, a vendor may impose massive price increases for the service, knowing that their clients are locked in.

Vendor lock-in that comes in with cloud platforms like AWS, Google and Microsoft, among others, which provide machine-learning-as-a-service (MLaaS) can act as a roadblock to some enterprises.

Choosing the correct vendor or cloud-based analytics can help companies to avoid massive costs and gain benefits in the long run.

The fact is that vendors can make decisions that are in line with the goals of their customers, especially those companies that are small or use cloud products in very niche applications and use cases. But public cloud vendors (Amazon, Microsoft, and Google) are so huge that it is quite unlikely they will make decisions that negatively impact a large number of users.

Companies are always worried about the safe and secure portability of data and workloads across different cloud environments. Today open-source data solutions such as MongoDB, Apache Hadoop, Apache Kafka, etc. have emerged to give a great answer to the big data problem and helped companies escape the draconian pricing of traditional cloud vendor lock-ins.

Lets say if a company has an entire data lake and analytics solution on a public cloud platform for a particular region and needs to deploy that solution to another cloud. Implementing this solution on a separate cloud platform would demand a lot of re-work. Therefore, a large number of companies are now exploring flexibility to implement their solutions on any of the widely accessible public or private cloud platforms.

But despite many of the platforms having APIs and open-source connectivity, frameworks are generally inflexible. For example, data scientists can use AWS Sagemaker as the tool to use for training and deploying models. Sagemaker promises to cut in training and deployment time by handling all the infrastructure but runs exclusively on AWS. This may not be a problem if you run your business on AWS, but if new products or tools are offered on other public clouds, there is no way to access them.

There are also many companies, particularly startups which provide solutions for streamlining operations across various servers, cloud and containers, by providing a transparent platform built to work across multiple clouds. For instance, Cloud Foundry, a container-based architecture that runs apps in any programming language, helps users deploy, and manage high-availability Kubernetes clusters with its open-source project BOSH on any cloud. The project can help decouple applications from infrastructure, so users can host workloads on-premise, in public clouds, or in managed infrastructures.

Cloud giants too, have introduced solutions that may help escape vendor lock-ins. For example, by using Anthos from Google, companies can manage their cloud data workloads across multi-cloud, so that a particular cloud provider does not restrict developers and data scientists.

Home How Vendor Lock-in Works In Analytics And How To Avoid It

Customers today have alternatives to proprietary tools with advances in open source software technologies, along with a range of as-a-service capabilities that can remake traditional IT. Projects like Apache Kafka, Apache Spark and Kubernetes are widely accessible as a service on the large cloud platforms. This convergence of open source and proprietary platforms is one of the ways to avoid vendor lock-in in todays era.

Open source is the king. It is perfectly fine to augment whatever you are doing with proprietary tools, but do not be too dependent on them and do learn how to do it without relying on a single vendor.

In a recent survey by Anaconda, it found that developers and data scientists value open source so they can get work done right away. It also suggested that many responders believe open source helps prevent vendor lock-ins in data science. An open cloud architecture helps prevent vendor lock-ins and makes it simpler to operate with various analytics services.

With the fight over cloud becoming intense, and users trying to avoid the situation of cloud lock-ins, cloud companies themselves are increasingly turning to open-source container technologies and providing them via managed containers. Growth and acceptance of containers have a positive impact on big data analytics and vice versa as they can process and manage vast amounts of data from disparate sources on the cloud via managed containers.

In recent years, Kubernetes has appeared as a gold-standard of implementing cloud-native yet cloud-agnostic solutions. It is paving the way for innovation across the cloud infrastructure domain. Containers and microservices make the development process simple and render other benefits, like decreasing the complexity of running and updating apps and advancing the consistency linking testing and production environments.

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How Vendor Lock-in Works In Analytics And How To Avoid It - Analytics India Magazine

CipherTrace Introduces Cryptocurrency Real-Time Predictive Risk Scoring to Mitigate Money Laundering of Crypto from Theft and Ransomware Attacks -…

Exchanges and other Virtual Asset Service Providers using CipherTrace's transaction monitoring can now predict the risk of a bitcoin transaction before it is committed to the blockchain; this protects customers who have had cryptocurrencies that were stolen and those that face ransomware threats

MENLO PARK, Calif., July 21, 2020 /PRNewswire-PRWeb/ --CipherTrace announces cryptocurrency real-time transaction risk scoring with the addition of predictive capabilities to help exchanges, ATMs, OTC desks, hedge funds, custody solutions, payment processors, and financial investigators to ensure compliance with Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and sanctions requirements. This capability is now available to select CipherTrace customers, including law enforcement investigating the Twitter hacking case, and will be generally available to the entire customer base as of July 31st.

Real-time analytics and predictive risk scoring for cryptocurrencies enables exchanges and other Virtual Asset Service Providers (VASPs) to be able to score transactions from low to high risk based on whether the funds have been tainted by traveling through illicit paths or associated with known bad actors or sanctioned geographies. CipherTrace implements this foresight without sacrificing user privacy, as the software does not process any personally identifiable information.

What does Real-Time Predictive Risk Scoring Do?

Predictive and real-time analysis of cryptocurrenciesnow a trillion-dollar marketallows a safer environment for the world's transactions. Being able to perform predictive analysis allows customers to see and protect stolen funds, freeze those funds, stop ransomware launderers, and protect customers from fraud. It also allows law enforcement agencies to take action immediately to protect investors, operators, and consumers.

How Does Real-Time Predictive Risk Scoring Work?

Before a bitcoin transaction is confirmed on the blockchain, it is first created and broadcasted to the network. Then, it is stored in a mempool of other unconfirmed transactions until a miner validates it and adds it to the blockchain. At this point, the transaction is final. This process can take at least ten minutes and sometimes hours to complete and places exchanges and other custodial services in the awkward position of forcing customers to wait for their transactions to be confirmed so that they can perform necessary due-diligence on transaction risk.

"It is our goal to make cryptocurrency global and available for everyone, while protecting personal privacy," said Dave Jevans, CEO of CipherTrace. "Cryptocurrency exchanges and other VASPs have regulatory obligations to address the risk of money laundering, terrorist financing, human trafficking, and weapons of mass destruction programs. The introduction of predictive risk scoring provides VASPs with a powerful new tool to identify potentially illicit funds before those transactions are finalized on the Bitcoin blockchain. This capability will also help VASPs offer an improved, more efficient user experience to their customers."

VASPs utilizing CipherTrace's monitoring suite will be able to freeze an account that is flagged as having a high probability of originating with stolen funds. By halting the movement of illicit funds, VASPs will deter future cryptocurrency crimes and help to change bitcoin's lingering reputation created by its early use on the illegal Silk Road marketplace. Most VASPs are required to file suspicious activity reports whenever they receive funds likely to contain illicit origins, and CipherTrace's predictive risk scoring capabilities will facilitate that process.

For media inquiries, please contact Kili Wall at (310) 260-7901 or Kili(at)MelrosePR(dot)com

About CipherTrace CipherTrace, leading cryptocurrency intelligence company, protects financial institutions from crypto laundering risk and is helping to grow the crypto economy by making virtual assets trusted by governments and safe for mass adoption. CipherTrace delivers the world's most comprehensive cryptocurrency intelligence to detect money laundering, inform law enforcement investigations, and enable regulatory supervision. CipherTrace founders are dedicated to protecting consumer privacy, while defending against illicit finance. Deep expertise in cybersecurity, eCrime, payments, banking, encryption, and virtual currencies form the foundation for CipherTrace's commercial offerings. For more information, visit http://www.CipherTrace.com or follow us on Twitter @CipherTrace.

SOURCE CipherTrace

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CipherTrace Introduces Cryptocurrency Real-Time Predictive Risk Scoring to Mitigate Money Laundering of Crypto from Theft and Ransomware Attacks -...

Is Metacritics New Review Decision Leaning Towards Censorship? – Fortress of Solitude

Metacritic is implementing a 36-hour review delay to ensure that people actually had enough time to play a game before sharing their thoughts about it online.

Speaking to Game Spot about the new policy, a spokesperson for Metacritic said

We recently implemented the 36 hour waiting period for all user reviews in our games section to ensure our gamers have time to play these games before writing their reviews. This new waiting period for user reviews has been rolled out across Metacritics Games section and was based on data-driven research and with the input of critics and industry experts.

Although Metacritic says the delay isnt in response to user reactions to any particular game, the announcement does come a few weeks after The Last of Us Part II was released. The game was review bombed on the site.

Review bombing happens when users give a large number of negative reviews to a game, typically as low as possible, in order to drop its overall score. The popularity of the game is then harmed, which has an impact on sales and the revenue it can generate.

Its worth noting that a lot of negative reviews on Metacritic (and other review sites) are based on reactions to leaks regarding games, not people actually playing them.

By delaying user reviews, anyone visiting the site after the release of a game wont be bombarded by unfounded hate towards it. And reviews from critics and gaming publications wont get lost in the noise.

Review bombing has been a major problem for every site which aggregates scores based on reviews of video games, films, TV shows and music albums. The most notorious incident being an attempt to drag down Captain Marvels score on popular review site Rotten Tomatoes.

Some gamers might view the move as an attempt to stifle their opinions, and perhaps it is. But is that really a bad thing?

Ever since the rise of social media, Joe Public has been given a platform to shift the narrative in various areas of the entertainment industry. It only takes a second for a seemingly harmless comment or tweet to spiral out of control, forcing studios to change their CGI graphics, fire a director or change their casting choice.

The truth is cancel culture hides under the guise of an opinion, which everyone is entitled to, regardless of the facts laid out in front of them.

However, there needs to be a line drawn between the need to express and opinion and causing financial ruin to a company. A few cranky gamers shouldnt have the power to create multiple accounts and bombard a platform with low scores, essentially destroying something that doesnt belong to them.

Perhaps Metacritic is leaning toward censorship, but what we really should be wondering is why arent we doing it everywhere else too?

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Is Metacritics New Review Decision Leaning Towards Censorship? - Fortress of Solitude

Cryptocurrency This Week: Twitter Bitcoin Scam Explained & More – Inc42 Media

Bill Gates, Elon Musk and Jeff Bezos among 130 other high-profile Twitter accounts hacked over Bitcoin scam

More than 373 users fell for the scam, losing a total of INR 89 Lakh before the Tweets were removed, says cofounder of Giottus Cryptocurrency

Cryptocurrency can never be a common mans currency, says Subhash Chandra Garg

High-profile Twitter account holders, including former US president Barack Obama along with Microsoft Corp co-founder Bill Gates, Tesla CEO Elon Musk, Amazon CEO Jeff Bezos, presumptive Democratic candidate for president Joe Biden among others, on Wednesday (July 15), were the target of a Bitcoin-related scam. The well-orchestrated hack posted similar tweets, all instructing people to send Bitcoins to an unknown cryptocurrency wallet.

More than 373 users fell for the scam, losing a total of INR 89 Lakh before the Tweets were removed by the Twitter authority. Further, he said that the attacker had complete access to Twitter they could have posted anything from any of the official accounts, but they chose to seek Bitcoins through false promises, shared Arjun Vijay, cofounder and COO of Giottus Cryptocurrency.

Further, he said people should be more careful, and there is no easy money, and most crypto giveaways that ask for contributions are scams. We hope this brings awareness, and Twitter users do not fall for these kinds of scams again, Vijay added.

In the Bitcoin-scam aftermath, Twitter had temporarily blocked all high-profile verified accounts from posting or even changing their passwords while it investigated and sought to resolve the issue. Twitter said that it will provide more details on the issue in the future as and when the investigation unfolds.

According to the New York Times report, four young hackers were involved in the well-organised Twitter scam. The report stated that the Bitcoin scam was traced back to a group of hackers who met at OGusers.com, a username-swapping community where people buy and sell online handles. The Times noted that the Twitter hack is not from Russian or other sophisticated hackers but was done by a group of young people, one of whom says he lives at home with his mother.

Accordingly, two users, lol and ever so anxious came into contact with Kirk, who had access to most sensitive tools, which allowed him to take control of almost any Twitter account, including the 130 high-profile accounts that were being hacked, the report added.

According to Twitters blog, the hackers targeted Twitter employees through a social engineering scheme. In other words, social engineering schemes are the intentional manipulation of people into performing certain actions and revealing confidential information. Further, it stated that the attackers successfully manipulated a small number of employees and used their credentials to access Twitters internal systems.

As of now, we know that they accessed tools only available to our internal support teams to target 130 Twitter accounts, Twitter added.

The price of Bitcoin (BTC) at the time of writing was $9,172.20 with a market cap of $169.11 Bn, compared to last week (July 14, 2020) which stood at $9,186.59, with a market cap of $169.32 Bn.

Ethereum (ETH), on the other hand, was priced at $237.35, with a market cap of $26.54 Bn at the time of writing, compared to last week (July 14, 2020), where the price of the cryptocurrency was $227.24, with a market cap of $25.35 Bn.

The former finance secretary of India, Subhash Chandra Garg, the man behind the bill that proposed a blanket ban on cryptocurrencies, ten-year jail terms and an INR 25 Cr hefty fine, on Friday (July 17), discussed cryptocurrencies fate with the Indian industry leaders and experts, which included Nischal Shetty, the CEO of WazirX, and Siddharth Sogani, the founder of blockchain research company Crebaco.

At the webinar, he said that he approves of the use of crypto assets as regulated commodities, but said that it must not be allowed to function as currencies in India. Sharing his opinion, Garg said that the way cryptocurrency works is on the distributed ledger technology (DLT). Its a high investment technology. It can never be a common mans currency, he added.

COTI, an acronym for currency of the internet, recently announced its listing on the Indian crypto exchange platform WazirX. With this, COTI will be integrated with a Tether (USDT) cryptocurrency pair COTI/USDT on WazirX. COTI is the worlds first directed acyclic graph (DAG)-based blockchain protocol optimised for seamless and scalable payments and low transaction costs. It is one of the most secure and fast which can facilitate thousands of transactions per second.

Taipei-based blockchain security company CoolBitX recently announced its partnership with Elliptic, a crypto asset risk management platform to launch one the first operational Travel Rule solutions for crypto called Sygna Bridge. This combined tool is said to offer customers a complete solution to fulfil anti-money laundering and compliance obligations, including the Financial Action Task Force (FATF) Travel Rule.

Michael Ou, CEO of CoolBitX, in a press statement, said that the solution will provide customers with the ability to protect themselves from violating any Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) laws and regulations, allow them to assist regulators to combat illicit money laundering activities, and stay compliant with changing norms.

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Cryptocurrency This Week: Twitter Bitcoin Scam Explained & More - Inc42 Media

The new cryptocurrency that could change how we trade art – Screen Shot

Artists are starting to lean towards crypto-powered fundraising, with Parisian artist Ben Elliot taking the first leap with the Ben Elliot Token (BET), which is to be launched in 2021 on the Stellar (XLM) blockchain network. The tokens are directly linked to his career evolution, meaning that the value of the tokens will presumably fluctuate according to the value of Elliots work. According to Elliots website, the BET will allow investors to profit by trading and selling the coin in the form of virtual artworks. Could cryptocurrency be the future of art dealership?

Elliot stated that BET is a tangible asset that can be directly converted into artwork. As the internet and social network rise, money, business, creativity and the ways one manages them are shifting. Creatives and influencers monetising their personal content and data have now become more valuable than some traditional industries.

First, lets go into what a cryptocurrency actually is. To put it simply, a cryptocurrency is a digital currency. To define it, the first part of the word crypto means hidden or secret, which reflects the secure technology that is used to keep track of ownership and payments between users.

Cryptocurrencies exist electronically and use a peer-to-peer systemor blockchain technology, which enables the existence of cryptocurrency. There is no central bank or government to manage it. Initially, blockchain technology was invented for the best-known cryptocurrency, the Bitcoin. Ripple, Litecoin and Ethereum are a few other different types of crypto assets.

So why has Elliot decided to make this move? The artist has been known to explore new systems of emerging trends, creation of values, artificial intelligence, robotics, virtual reality, decentralised internet and, in general, innovation. He often partners with companies from contemporary industries such as tech, advanced lifestyles and entertainment to highlight the concepts and values that they carry. But the context of his work primarily focuses on blurring the lines of reality.

In his extended and ongoing series titled Unreleased Selfies, Elliot released pictures of himself that were never published on social networks printed to the size of a 55 smart screen. He says that They are selfies that I originally took for my Instagram. I never published them because they were not good enough or because they were outtakes of other selfies. It is a kind of behind-the-scenes of my posts.

Elliot also reflected on his Resin Series, and stated that it started according to two millennial principles: dematerialization; and transactional communication. As observed by NumeroArts editor-in-chief, The truth of reality no longer opposes the fakeness of the virtual, the private sphere is no longer a protected domain, which directly links to Elliots venturing into the crypto-realm.

In an interview with FAD magazine, Elliot was asked whats real?. His response being, A human concept that is slowly losing its meaning. Art has always lived with a parallel importance to human nature, one being the reason to why art is created, and boughtart as an expression of feeling, the other being for investment purposesart usually, if marketed and looked after properly, gains value over time. There are multiple reasons why people buy art, of course. But Elliots reasoning behind a realness that is losing its meaning, truly reflects our concept of value today.

Something as abstract and conceptual as the reason for art mirrors the understanding of the volatile nature that cryptocurrencies possess. It also introduces the reasoning behind Elliots need to launch BET, without the banks or government in control of the value of a piece of artthe artworks value lies in the hands of the highest bidder. Instead it will be a collective encrypted database and the creative platform could, as Elliot hopes, open up opportunities for individuals to access these online exhibitions or viewing rooms, which are currently limited.

As we know, art is deemed to be broad by character, so BET plans to host physical events called the new summit, where investors will be able to discuss the trends of the internet market as a whole, the new summit will consist of exhibitions, talks, screenings featuring cultural innovations, also artificial intelligence and robots.

In his words, Elliot claims that BET will join the forces of technology and creativity through cryptocurrency, blockchain and art to make the smartest and most secure artwork ever. We might all be collecting tokens in the form of art next year, but lets see if we can trust the enigmatic world of electronic money first.

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The new cryptocurrency that could change how we trade art - Screen Shot

Bitcoin Surges to $9.3K for First Time in a Week Is it a Fakeout? – Cointelegraph

The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, surged past $9,300 on July 21 for the first time in over a week. Following a low-volatility range, traders are seemingly turning cautiously bullish in the near-term.

Since late June, Bitcoin has been stuck in a relatively tight range between $9,000 and $9,250. It struggled to see a major price movement causing the volume to slump. After a quick upsurge from $9,150 to over $9,300, traders predict that a volatility spike is imminent.

The price surge coincided with a U.S. stock market rally, driven by a new round of stimulus. U.S. Treasury Secretary Steven Mnuchin said a $1 trillion stimulus deal is in the works.

The performance of top cryptocurrencies in the last 24 hours. Source: Coin360.io

Some traders say a break to the upside is likely, but declining volume is concerning

Several technical analysts say that the recent rally of Bitcoin could lead to a bigger rally in the short-term. Bitcoin faces key resistance levels at $9,550 and $9,800, and BTC saw steep rejections from both areas previously.

Crypto trader Philip Swift pinpointed that the two-month range of Bitcoin since May occurred above the 200-day moving average (MA), indicating that the uptrend of Bitcoin could be intact.

The trader said:

Promising little pump this morning. I suspect this will be the week we finally break out of the dreaded range.

The range of Bitcoin since May was above the 200-day moving average. Source: Philip Swift

Arthur Hayes, the CEO of BitMEX, also expressed his excitement towards Bitcoins minor rally. Hayes said BTC awoke from thee slumber, referring to its low volatility in the past week.

Arthur Hayes tweets about Bitcoins first breakout in over a week. Source: Arthur Hayes Twitter

Michael van de Poppe, a full-time trader at the Amsterdam Stock Exchange, hinted that Bitcoin is cautiously optimistic. He said:

We've got our breaker and bullish move here, as the market is showing strength. I don't think $BTC will accelerate, as it's just still hopping around.

Binance Futures data shows that the majority of traders on the platform are majority long on Bitcoin and Ether (ETH).

Data from Datamish suggests there are substantially more long contracts than shorts in the entire Bitcoin futures market as well. Longs amount to 22,496 BTC, worth around $209 million. In contrast, shorts stand at a mere 5,555 BTC, worth less than $52 million.

Although the 200-day MA technically suggests an uptrend, historical data shows it could easily break down below it. Previous peaks witnessed in July 2019 and February 2020 both rejected above the 200-day MA.

Data from Santiment also shows that the volume of Bitcoin has declined in recent weeks. When an uptrend coincides with declining volume, it could hint at a fakeout.

Researchers at Santiment wrote:

BTC's overall trading volume continues to slide, and with so much focus on altcoins currently, Bitcoin's trading volume hitting a daily value of $12.25B Saturday marked the lowest single-day value since October 5, 2019 (a 9.5-month low).

The trading volume of Bitcoin continues to decline. Source: Santiment

The market remains mixed as BTC grinds through the new week. Technical indicators and macro fundamental factors, like Bitcoins hash rate and low exchange inflows, suggest an uptrend. But the low volume of BTC throughout the past two months remains a variable.

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Bitcoin Surges to $9.3K for First Time in a Week Is it a Fakeout? - Cointelegraph