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Crypto News

Universal Dollar (UPUSD) Stablecoin Announced By Uphold, Cred, and Brave

The Universal Protocol Alliance, formed by Uphold, Cred, Brave, Blockchain in Berkeley and FBG Capital, announced on October 9th, during the San Francisco Blockchain Week, the launch of a new stablecoin based on the US Dollar, the Universal Dollar (UPUSD).

With this initiative, any asset present in the Uphold platform, which offers trades in more than 30 fiat currencies, commodities such as gold and silver, as well as cryptocurrencies, “could be used to earn interest and qualify the user for a guaranteed line of credit,” according to the company.

JP Thieriot, CEO of Uphold, said the initiative would introduce conventional financial products into the cryptocurrency ecosystem and make it easier for millions of users to purchase these digital assets.

Last month the platform added the token support of its strategic partner Cred, a startup that defines itself as “a line of credit to elevate you to your potential.” About the launch of the Universal Dollar (UPUSD) stablecoin, Cred co-founder and president Dan Schatt said that “a new generation can access similarly convenient credit without such a high bar and through the simple ownership of digital assets” in reference to the traditional requirement of ownership of real estate in order to qualify for credit in the United States.

Uphold, Cred, and Brave, among others, joined forces to launch Universal Dollar (UPUSD) stablecoin

A stablecoin is a cryptocurrency that can be supported by legal tender currencies, commodities, and other cryptocurrencies, as well. The idea is based on creating cryptocurrencies with less volatility, with stable prices, by merging the best of both financial worlds. One example is Tether (USDT) which is denominated in the US Dollar and began to be traded in 2015.

Earlier this month, the London Block Exchange announced plans to launch a stablecoin linked 1:1 to the GBP, which will be called LBXPeg. On the other hand, during September the crypto exchange BitTrade announced that, in 2019, it would launch a stable currency related to the Australian dollar.

Despite all these initiatives with stablecoins, designed to keep the volatility of cryptocurrencies under control, the former principal policy advisor of the International Monetary Fund (IMF) and also a professor of economics at the University of California at Berkeley, United States, Barry Eichengreen, indicated that these types of assets do not solve the problems of cryptocurrencies market volatility.

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Crypto News

Ethereum (ETH) DApps Maintain Below 15,000 Users Per Day

Ethereum (ETH) decentralized applications (Dapps) also seem to be feeling the effects of the downward trend in the cryptocurrencies market. From May to October of this year, the volume of users of all Ethereum (ETH) DApps dropped from a peak of 32,000 users to just 14,000, while in July it reached a minimum of 4,000.

The average number of users of all network applications remained around 10,000 per day in the last two months. According to data from the DappRadar statistics page, the Ethereum (ETH) network currently has 988 active DApps, of which only three exceed one thousand users per day.

The historical maximum of users/day was registered on May 18th, 2018, when more than 32,000 people interacted with some of the active applications in Ethereum (ETH) network. Around this date, some games were launched that quickly reached popularity, such as Ether Cartel and Ether Shrimp Farm.

However, the daily traffic of the Ethereum Dapps has fluctuated mostly below 17,000 throughout this year. Last month the maximum number of users in a day reached only 12,265.

Ethereum (ETH) DApps Maintain Below 15,000 Users Per Day

The most popular DApp in the ranking made by DappRadar is 333ETH, with about two thousand users in the last 24 hours. This DApp is qualified as “high risk,” however, as it is an investment platform that promises a “for life” return to users. There are accusations about this application that qualify it as a fraudulent scheme.

Even the MetaMask crypto wallet service recently decided to block it from its platform. It is striking that of the first fifteen DApps in the ranking, five are deemed as “high risk” applications. In the second and third place in the list are two cryptocurrency exchange houses, Idex and ForkDelta, with a traffic of 1,350 and 1,000 users in 24 hours.

As for the volume of Ethereum (ETH) traded through the Ethereum (ETH) DApps, at its highest level in September, it reached more than 36,000 ETH.

Decentralized applications are programs whose operation depends on the user community since there are no intermediaries between their creators and those who use them. Ethereum (ETH) was created primarily as a decentralized platform for the operation of this type of applications, known as DApps.

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Games News

Netflix (Android TV) 6.0.0 Build 2371 Comes with Some New Bug Fixes

You must have heard about Netflix until now, if you haven’t lived under a rock for these last couple of years, of course. Netflix represents the number one subscription service for watching movies or TV shows on the device of your choosing. Netflix (Android TV) 6.0.0 build 2371 is the free app which you can download and use as part of your Netflix account.

This will allow you to use your favorite Android TV device to watch thousands of movies or TV series. In order to start enjoying a free one-month trial immediately, you need to sign up for Netflix, if you haven’t done so already. Let’s talk more about how it works, shall we?

By getting a membership for Netflix, you will gain access to unlimited TV shows and movies for an affordable monthly rate. The mobile app will allow you to watch your favorite video content as many times as you want, at any time and at any place (that has an internet connection, of course). Browse through a selection of thousands of titles that are constantly growing, as new movies and episodes are added on a regular basis.

You can help Netflix suggest what titles are best suited for your taste by rating your favorite shows and movies. You can also start watching something on one device and if you have to leave or other events unfold, switch to another one and resume watching. If you don’t really know if your device is suitable for using this app, then you should head on to Netflix.com

There, you can find a list with all the game consoles, TVs, phones, tablets, Blu-ray players and set-top boxes which you can use in order to benefit from the incredible service that is Netflix.

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News Tech

Facebook Lite 115.0.0.9.100 Update Download Available – Improved with Speed and Reliability

The Facebook Lite app represents a faster and much easier way of keeping up with what your friends are doing. This opportunity will allow you to connect with your friends and keep up with your current social network and – why not? – help to evolve it. What is great about the Facebook Lite app’s 115.0.0.9.100 version is its small size which will allow you to save vital space on your phone’s storage and also you will be able to connect into your Facebook account even in 2G conditions.

A lot of classic features which made Facebook popular are present in this tiny app. We are talking about filling up your Timeline with all kinds of stuff, you can like photos, find out more about people and edit your profile or groups. Here are some specific features: you can find family and friends really easy and you can perform multiple status updates and Facebook’s emojis can be used as to relay what you really want to transmit.

Also, you will get notifications when your friends will like or comment on your posts. Facebook Lite can be used to find events near your area, RSVP to those that you wish to attend and you can also make plans with your friends. When you encounter a photo that you particularly like, you can save it and find it later into your photo albums.

You can choose to follow certain people if you wish to find out more about what are they doing. When you wish to go out into town, you can search local businesses in order to see how they are reviewed, on what hours they operate or how they look like in photos. Facebook Marketplace can also be accessed in order to buy or sell something locally.

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News Tech

The Cybersecurity Division of Alibaba Performed a Jailbreak on iOS 12

It seems that the iOS 12 isn’t as tight with its security as Apple led most of us to believe. After it was released last week, it took Pandora labs – which is a cybersecuriy division working for Alibaba – just a couple of hours to jailbreak the mobile OS. The jailbreaking act itself was posted initially as a short video on Weibo and from there Yalu Jailbreak (with the handle @Yalujb) picked it up and posted it on Twitter.

By watching it you can see the process of jailbreaking the iOS 12 being done on a device that looks a lot like last year’s iPhone X. After the activation of the software, the user completed its task and then reset the phone. After this is done we see the iPhone unlocking itself without the need of a password or FaceID.

The video ends with a screenshot of the jailbreak app and the words ‘Your phone is pwned’ can be seen on the screen. This definitely isn’t the first time that Apple has been shown to be vulnerable in terms of its iOS. Previously, before the release of the iOS 12, Cellebrite, an Israeli company, designed a crack which could exploit and break into any device that had iOS 11 incorporated.

This happened during the time that Apple refused the FBI access to the phone believed to belong to the suspect of the San Bernadino shooting which occurred two years ago. At the moment of writing this article, Apple has yet to release a statement regarding the iOS 12 jailbreak. Yalu Jailbreak stated, however, that the code necessary for this jailbreak will more than likely never see the light of day. That is because Pandora Labs never released such a thing to the general public.

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