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Games News

GTA 6 and Rockstar Latest News and Leaks

The fans of GTA waiting for an announcement of the sixth game of the popular series are set for a disappointment. According to the official Rockstar Support page on Twitter, the messages that keep popping up in both multiplayer and single-player modes of GTA 5 are not an official statement of the game’s creators. It seems that one of the modders has found out how to use an in-game notification system in order to spread false news. As for the fans, they will have to remain patient while waiting for an official announcement of GTA 6.

The fans keep on waiting for GTA 6

The most recent title of the series, GTA 5 was launched in 2013 and even now, in 2018, it remains one of the most popular games. The main reason behind this great success is the multiplayer mode, GTA 5 Online. Thanks to constant releases of new content, the game remains fresh. The next expansion, Nightclub is set to be followed by Red Dead Redemption 2.

With all of this in mind, it seems unlikely that GTA 6 would be announced so soon. After all, Rockstar puts quite a lot of effort into the already-existing GTA 5. Not to mention that GTA 6 would require a lot of work in order to at least reach the level of its predecessor.

The notifications are not real

Many fans have noticed the messages popping up on the screens of their platforms, such as PC, PS3 and Xbox 360, referring to pre-orders of GTA 6. These notifications look real, but they are not. The fact that two platforms more difficult to hack, Xbox One and PS4, are free of these pop-ups, seems to prove it. At the moment, the reason behind these messages remains unknown.

It looks like the fans of the GTA series will need to remain patient while waiting for the news regarding GTA 6. In the meantime, they can enjoy the recent addition of nightclubs to the map in GTA 5 Online.

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News Tech

iOS 11.4 Downgrade No Longer Available – iOS 11.4.1 Has Been Already Released

Not long ago, iOS 11.4.1 was released by Apple and it includes some performance improvements and bug fixes. Following this release, Apple has stopped signing the previous version of iOS, which means that it will no longer be available to consumers. With iOS 11.4 not being signed anymore, all users of iPhone, iPad and iPod touch will not be able to downgrade to this version from now on, thus also making jailbreaking impossible.

How is this affecting the jailbreaking community?

We all know that when the tech giant decides to put an end to an older version of iOS, jailbreak users are the ones that are affected the most by this. In recent times, jailbreaking has made quite a recovery, as it has had noteworthy releases for the most recent iOS versions. However, the fact that iOS 11.4 has stopped being signed by Apple could pose some problems to the jailbreaking community, as all efforts made so far could have been in vain.

Apple is known for regularly stopping the signing of older versions of software updates once they have a new release, so that customers will be motivated to keep their operating system updated.

What’s next?

As we mentioned before, iOS 11.4.1 is now going to be the only version of iOS 11 that users will be able to install on their iOS devices. At the moment, we do not know if any other iOS 11.x releases will take place. What we know is that Apple is only beta testing iOS 12 and the new operating system is expected to launch later this year. Also, public beta testers and developers can already download iOS 12.

Nonetheless, if you have a jailbroken device and you still haven’t made the update, we’d recommend you to ignore it for now, as the latest update from Apple does not have a jailbreak available yet.

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Crypto News

Blockchain Technology Companies In Malta Should Wait Before Applying For New Authorizations And Approvals

The Malta Financial Services Authority (MFSA) stated in a press release that blockchain companies must now wait until a freshly adopted legal framework is in place prior to applying for authorizations and approvals, as the Times of Malta noted.

In a declaration recently released, the MFSA announced that it is currently working on a new framework that will back up newly enacted blockchain regulations so that operators should wait until the agency announces a public notice before applying for permits and authorizations.

The Virtual Financial Assets Act (VFAA), which the Parliament of Malta approved on July 5th, will govern general Distributed Ledger Technology (DLT). With this new regulation, Malta is the first nation in the world to provide legal security for blockchain businesses.

The Times of Malta reports that in the last few weeks the MSFA has been reviewing stakeholders’ views on the proposed new blockchain regulations, and examining a number of concerns regarding the VFAA, ranging from fees to management penalties.

Malta to become the world’s first blockchain technology nation

Also, MFSA is allegedly conducting inquiries into a so-called law book of standards for the newly adopted legislation, the first of which is open through the end of July. The MFSA will subsequently release two additional sections, which will cover the issuers and service suppliers of the VFAA. By the end of the period of consultation, MFSA will issue the final blockchain regulations and guidelines for the VFAA to allow for the implementation of the new rules.

Malta now aims to establish a crypto-friendly environment and develop into a “blockchain island.” A number of crypto and blockchain businesses have been set up in Malta, such as the cryptocurrency exchanges and wallets Binance, OKex, and BitBay.

Binance, at the beginning of this month, reported its intention to launch a bank built on a token-owned blockchain. The forthcoming Founders Bank is to be the property of digital token investors and is to be headquartered in Malta and aims to be the world’s first decentralized, community-owned bank.

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Crypto News

Asian Fund Management Company To Launch A Cryptocurrency Custody For Institutional Investors

The Fusang Investment Office, an Asian-based fund management company is focusing on family businesses, plans to launch a cryptocurrency custody service in Hong Kong, according to the South China Morning Post on Sunday, July 22. The custody service, Fusang Vault, will maintain digital assets for clients, in addition to providing regular audits, according to Henry Chong, the company’s CEO. The service is scheduled to be launched in the fourth quarter of 2018.

In comparing digital assets to financial bonds, Chong noted the growing need to provide an independent third party to hold customers’ cryptocurrencies assets, as well as the demand for custodian banking services in conventional finance.

Chong stressed that, since the possession of digital assets lacks a record of ownership data, a cryptocurrency custody service is of “vital importance.”

Digital assets resemble bearer bonds, so whoever holds the security is presumed to be the owner and there is no record of ownership information about the security. Therefore, how we keep our digital assets protected is of the utmost importance.

Fusang Investment Office to launch a cryptocurrency custody platform for institutional investors such as Coinbase did

Fusang’s CEO added that the firm is already working with insurance companies to safeguard clients’ digital assets, without specifying the features of the next Fusang Vault service.

According to its website, the Fusang Investment Office is regulated by the Monetary Authority of Singapore and authorized by the Hong Kong Securities and Futures Commission.

In early July, Coinbase, one of the world’s largest cryptocurrency exchange platform, launched a cryptocurrency custody solution for institutional investors. The custody platform of Coinbase is operated by an independent member of the United States Financial Industry Regulatory Authority (FINRA) in compliance with the United States Securities and Exchange Commission (SEC).

In general, cryptocurrency custody solutions aim to bring in more institutional investors in the cryptocurrencies market.

Categories
Crypto News

XRP (XRP) Ledger Struggles To Become More Decentralized Than Bitcoin (BTC)

Many cryptocurrency community members have beaten the XRP Ledger since its genesis. From working with the regulators of Bitcoin (BTC) to being a dominant cryptocurrency under Proof-of-Work reign, XRP (XRP) has become an unusual proposition for both BTC maximalists and advocates of decentralization. The question is, it is the XRP (XRP) ledger decentralized?

First of all, there is a need to grasp the significance of decentralization. Also important to realize is that devolution cannot be gauged by an absolutive figure, but can be measured in a spectrum. A number of factors influence the level of decentralization.

Bitcoin employs the Work Of Proof as its consensus engine, by incentivizing the use of dedicated nodes to bundle transactions into blocks and append them to the established blockchain. These nodes are called miners and are compensated with Bitcoin (BTC) for the computing power and the electricity they employ for their work.

XRP (XRP) Ledger to become more decentralized than Bitcoin (BTC)

At present, the three major Bitcoin (BTC) mining platforms, two of them belonging to the same company, can be effectively managed to lock down the network.

The XRP (XRP) Ledger, however, employs an algorithm referred to as the Byzantine Consensus Algorithm. The approvers, who reach an arrangement, also called a “consensus,” agree on the whole range of transactions and order the transfers. That is carried out in accordance with deterministic guidelines, which are then accepted as the following ledger in the network.

By the very definition of the word, a network may not be regarded as decentralized if a single entity owns the majority of it. If a network is under the control of an individual or entity, then it turns into a supposedly centralized network.

Ripple Labs has concentrated on the XRP Ledger’s reliability and speed since its beginning and has been decentralizing the Ledger since late-2017. That is referred to as the XRP Ledger decentralization process.

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