Author: Anna Galvez

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Crypto News

Abra Exchange Allows Traders From The EU To Buy/Sell Cryptos Using Their Bank Accounts

On Tuesday, September 4th, the Abra crypto exchange platform and wallet announced the implementation of a new channel for users across the European Union, to buy and sell cryptocurrencies using their traditional bank accounts. Investors and users of Abra’s services are now in a position to purchase any of the 28 cryptos listed on the platform or to convert them into fiat money with their bank accounts.

Traders from the European Union can now buy and sell cryptocurrencies using their bank accounts on Abra crypto exchange platform

The US startup, which offers crypto investment services, among others, announced in a press release that all countries in the Single Euro Payments Area (SEPA), which covers most of the Europeans nations, will be able to purchase Bitcoin (BTC), Ethereum (ETH) or other of the 26 cryptos, including Cardano (ADA), Basic Attention Token (BAT) and Tron (TRX), which were recently listed by Abra crypto exchange platform.

In this regard, Bill Barhydt, founder, and CEO of Abra pointed out that there is currently a higher demand for investing in cryptocurrencies.

“This new feature is helping to change the way people invest, adding a brighter future for the world’s cryptocurrencies market. Investors should be given the opportunity to finance their portfolios directly from their bank accounts,” said Bill Barhydt, Abra Founder, and CEO.

Abra also added credit card purchases for Bitcoin (BTC) about two months ago

The SEPA area is a territorial and economic jurisdiction located in Europe where citizens, companies or commercial entities can make and receive payments in Euro under the same conditions, rights, and obligations. In total, SEPA covers 28 EU Member States as well as Iceland, Liechtenstein, Monaco, and San Marino.

The Abra crypto exchange service to permit users from the EU to use their bank accounts to exchange cryptos comes almost two months after the company enabled the purchase of Bitcoin (BTC) with credit cards such as Visa and MasterCard from virtually anywhere in the world.

The company also announced last March that it had created an application for mobiles that works as a wallet to protect cryptos, as well as a crypto exchange platform between cryptocurrencies and fiat money.

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Crypto News

Bitcoin Cash (BCH) Hash Rate Drops, Putting The Blockchain At Risk

Bitcoin Cash (BCH) hash rate drop below 8% of Bitcoin (BTC) total hash rate makes the Bitcoin Cash network more vulnerable to a block retention attack, which could cause insolvency in some cryptocurrency exchange platforms.

During August, Bitcoin Cash (BCH) hash rate remained below 10% of Bitcoin’s processing power, while it even dropped to 6.5% at some points. That is due to the migration of some mining groups that may not find BCH mining profitable anymore, and the strategy of mining larger blocks in a shorter amount of time, although the number of transactions has not been shown to be growing.

The main risk of a hash rate drop in a network using the Proof-of-Work protocol (PoW) protocol is that a group of miners may control 51% or more of the nodes, and that’s possible because Bitcoin Cash (BCH) uses the same mining algorithm as Bitcoin (BTC), known as Sha-256.

Bitcoin Cash (BCH) hash rate drop increases the risk for double-spending attacks

While Bitcoin (BTC) is a more extensive network that relies on the joint work of groups of miners with greater technical resources, the Bitcoin Cash (BCH) blockchain is not so robust in this regards. Thus, the migration of the resources to the smaller network poses a risk if the miners intend to create a longer chain in secret, which then replaces the short blockchain and invalidates some transactions through a block retention attack.

That would make it easier for them, for example, to make a bulky Bitcoin Cash (BCH) deposit in a cryptocurrency exchange platform, and then to buy other cryptos in exchange on the same trading platform and sell them immediately.

That procedure becomes fraudulent when the perpetrators reverse the initial transaction using a block retention attack, leading to double-spending. There are also other fraudulent procedures that are facilitated by a low hash rate which permits validating transactions with only a few confirmations.

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Games News Tech

Sony Will Shut Down PlayStation 2 Support In Japan Starting With September 7th

Sony has announced that the PlayStation 2 support service will be cut off in the next few days, although anyone who has contacted the online repair service or Customer Care may have a final repair if they send the device to a PlayStation service, but only before September 7th.

Sony PlayStation 2 remains the best-selling video games console in history

PlayStation 2 (PS2 for short) was released in Japan on March 4th, 2000, and arrived in the United States in October and a month later it emerged in the European market.

Even though it’s old and no one is still developing games for it, PlayStation 2 remains the best-selling video games console in history, with more than 155 million units billed followed up closely by Nintendo DS with 150 million units.

The latest replacement parts, for both the console body and PlayStation 2 related accessories, arrived at Sony’s service desk in Japan on August 31st and once used, no further repairs will be possible, as the local tech news portals reported.

Sony shuts down PlayStation2 support after September 7th

Sony made an announcement on its official website in Japan on June 22nd informing users of the date of the last receipt of parts and the end of PlayStation 2 support service to motivate people to make a final repair to their consoles.

In order to get a final fix, it was necessary to contact the online repair service or PlayStation Customer Service by August 31st.

That is now followed by the recent announcement regarding a deadline set for September 7th. Any person who scheduled a PlayStation 2 repair service has to bring the devices to a Sony PlayStation service station until the before-mentioned date.

After September 7th when the deadline is reached, Sony would permanently shut down the PlayStation 2 support and repair services forever, also closing one of the most successful stories in the video games consoles history.

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News Tech

Google Chrome 69 Rolled Out With Visuals, Performance, and Security Enhancements

Just a few days ago, Google celebrated the 10th anniversary of its most popular product, the Google Chrome Internet browser. Well, as a celebration, to some extent, the company has just rolled out the new Chrome 69 version which comes with many visual, performance, and security enhancements.

Google Chrome is by far the most appreciated and popular product the giant Internet company has in its portfolio. The new Chrome 69, which is available on Windows, Linux, macOS, Android, and iOS, as usual, comes with the new look Google has been talking about for some time now.

In fact, the testers of the preliminary versions had already been able to see firsthand some of the new features related to the Chrome 69 GUI, including a smoother appearance, in general, as well as renewed icons, or a new color palette.

The new Chrome 69 update comes with better visuals and improved performance and security

Chrome 69 comes out with enhanced visuals, allowing us to visualize the contents of the different tabs better while switching from one tab to another is now a smoother task.

At the same time, several under the hood improvements have been introduced, especially regarding the internal passwords manager and the personal data autofill in the forms. Also, the new Omnibox feature has also been added to offer you answers to your queries right in your browser’s taskbar or address bar, or prevent unnecessary duplicate tabs from opening.

With these new improvements, also including the blocking of the HTTP protocol in favor of the use of HTTPS, the built-in ad blocker, or the Site Isolation functionality, it is clear that Google does not stop working on improving his most popular software, so widespread around the world.

The new Chrome 69 update has not only focused on security and under the hood features but also enhanced the Google’s Internet browser’s appearance which is now a more modern and pleasant one.

Categories
Games News

New “Lord Of The Rings” Online Game Announced By Athlon Games

Athlon Games announced they are working on a project of an online game based on the Lord Of The Rings universe. They also disclosed an agreement between the console and PC publisher with Middle-earth Enterprises for the license of using Lord Of The Rings world for a new online game whose actions would take place before the events in the books/movies.

“It’s a singular opportunity to work closely with Middle-earth Enterprises to create a completely new experience for fans of the landmark fantasy work of J.R.R. Tolkien, and we are excited about the resurgence of interest in The Lord of the Rings IP,” stated Dave Miller, the president of Athlon Games.

“This, along with several other major properties Athlon is working with, will help us to further our goal of creating AAA cooperative console and PC experiences that gamers will want to play for years to come,” Miller added.

The new Lord Of The Rings game would be a “multi-year online” one

The announcement didn’t say much about the upcoming new Lord Of The Rings online game, but given the fact that Athlon Games’ parent company Leyou Technologies Holdings Limited has “deep expertise with free-to-play game design” could be a signal that we’re talking about a free game, most likely monetized with in-game purchases.

As for Athlon Games, this is a new studio based out of Los Angeles with no games in its portfolio, yet. However, since Leyous Technologies Holdings Limited operates it, we should expect them to come up with some great titles.

“We believe in Athlon Games’ model to collaborate closely with Western developers to implement incredibly successful live services, while also giving its partners the autonomy they need to develop outstanding game experiences,” stated Alex Xu, Leyou Technologies Holdings Limited CEO.

On the other hand, the studio offered no further details on the new Lord Of The Rings online game.

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