Category: News

Categories
Crypto Markets News

The US Securities And Exchange Commission (SEC) Launched A Fake ICO To Warn Investors Regarding Scams

The world of initial issues of cryptographic currencies remains the US. There are many efforts by the authorities to safeguard the interests of investors in this type of micro-patronage for blockchain-based companies and the latest has been to ‘trick’ investors into showing them how easy it is to be swindled into such an initiative. Accordingly, the US Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy has set up a fake ICO website to show that fraud is on the agenda in this sector after months of warnings about the risks of investing in these products.

The website, HoweyCoins.com, complies with all the characteristics, promises and the language of the ICOs considered false. When users click the ‘Buy Coins Now’ button, they are automatically redirected to the official SEC website, where investors will find tips and tools to avoid scams.

“We have created this fake website as an educational tool to alert investors to possible fraud involving digital assets such as cryptocurrency and initial coin offers (ICO),” said the SEC spokesman.

According to SEC, about 50% of all ICOs are fake ICO and disappear with all the funds

Some of the suspicious elements pointed out by the SEC are the advance of more than 1% of daily returns or forecasts of a minimum growth rate of between 7% and 15% annualized in profitability.

SEC also warns about ICOs that are backed by celebrities or that meet the SEC’s marketing requirements.

The fake ICO launched by SEC underlines the fact that about 50% of ICOs fail or disappear with the money. These are the shocking numbers of all the initiatives to raise funds through the issuance of digital tokens that were launched in 2017.

Only 54% were moving forward by mid-February 2018.

In the US, the Securities and Exchange Commission (SEC) has taken action against a number of cryptocurrency issues, slowing them down and, more recently, has announced that it will require all cryptocurrency exchange platforms to register and comply with the same rules that are applicable to the stock exchanges.

 

Categories
Crypto News

New Cryptocurrency Regulation Has Been Adopted By EU And Targets More The Cryptocurrency Prepaid Cards

The General Affairs Council of the European Union (EU) announced the adoption of the new cryptocurrency regulation amended by the European Parliament to eliminate cryptocurrencies anonymity in the services of cryptocurrency exchange platforms, crypto wallets, and cryptocurrency prepaid cards.

In the quest to “address the risks associated with prepaid cards and cryptocurrencies”, since May 14th, the European Union has, without debate, undertaken to use the provisions set out in the new Law for the Prevention of Money Laundering and Financing of Terrorism. This resolution provides for an extension of access to “beneficial ownership” information by regulators, in order to eliminate as far as possible anonymity in transactions linked to companies in the Bitcoin (BTC) ecosystem.

On the other hand, cryptocurrency prepaid cards must be linked to verified identifications and restricted to a maximum of 250 Euros. An obligation to which they add the possibility for users themselves to be allowed to “self-declare” their identity on a voluntary basis.

The new cryptocurrency regulation adopted by EU aims more at cryptocurrency prepaid cards

In addition, the 2015 amendment to the legislation provides for an improvement in “transparency between companies and trusts”, which seeks first to facilitate the monitoring of the financial authorities of each country, as well as to require cooperation between research units so that they can operate more efficiently.

The just mentioned points are not only directed towards the illicit use of cryptocurrency, but also towards finances in general that are used to finance illegal activities.

European Union states will need to adapt their financial regulatory policies to this new legal framework regarding cryptocurrency regulation over the next 18 months for legal persons and other entities, and over the next 20 months for trusts.

It is important to note that the legislation, according to French MP Judith Sargentini, is mainly focused on the control of cryptocurrency prepaid cards, as they were used to rent and buy vehicles that served to prepare the terrorist attacks that happened in France in 2016.

Categories
News Tech

Intel Core i3-8121U Seen in China – Intel’s First 10nm Cannon Lake Chip for Notebooks

Intel is one of the world’s most influential tech manufacturer. What we mean by this is that every time Intel launches a new chip, all other tech companies are basically forced to up their production and try to come out with a similarly impressive chip. With that being said, it should come as no surprise that everyone has been waiting for Intel to finally unveil its 10nm Cannon Lake chip ever since April when Intel announced that its adding the finishing touches to the chip.

Intel Core i3-8121U

The chip that we are talking about is called Core i3-8121U and it is the first official Cannon lake chip Intel ever made. Moreover, Core i3-8121U is being shipped alongside a new Lenovo laptop in China right now.

Added ARK Repository

Considering that the chip is available for all hardware manufacturers to purchase and use, Intel decided to add it to its official ARK repository chip data. The reason why this matters is because it confirms to us that Core i3-8121U is, in fact, a true Cannon Lake chip.

Base and Boosted Speed

We should mention that the ARK description says that Core i3-8121U is a member of the 8th Generation Core lineup and that it runs at a base speed of 2.2GHz. Moreover, the chip can be boosted to 3.20 GHz with the use of Intel Turbo Boost 2.0. Lastly, the chip features two cores and four threads.

LPDDR4 Memory Support

Intel announced that Core i3-8121U will optionally support LPDDR4 memory which helps the chip boost the maximum bandwidth to 41.6GBps. This is a 22% boost when compared to the previous Core i3-8310U chip.

Unfortunately, the chip has yet to start shipping in the US and Intel hasn’t announced when that will happen. However, we can expect Core i3-8121U to hit the stores during the summer.

Categories
News Tech

New WhatsApp Update Enhances Messaging Group with New Features

We have some amazing news for WhatsApp fans who love using the app. The developers who are in charge of WhatsApp have recently announced that a major update is coming and that it will include a bunch of features which are going to enhance group messaging. With that being said, let’s see what these new group messaging features are all about.

iOS and Android Update

The first thing we need to mention about this upcoming update is that it will be available for everyone. WhatsApp’s developers have confirmed that both iOS and Android users will be able to get their hands on it once the OTA (over the air) rollout begins.

Group Messaging

WhatsApp is regarded as being the best messaging app in the world and the reason behind this is that WhatsApp is packed with tons of innovative features. One of those features is group messaging and this makes WhatsApp the ideal app for people who want to create groups in which they can talk with their friends, work colleagues or family members.

Nonetheless, group messaging is now being enhanced and this is surely going to help take WhatsApp’s services to the next level. Without any further ado, here are the new features:

  • Group Description

The first feature that’s being added alongside this new update is group description. Group admins are going to be able to set descriptions to their private groups and this is going to prove to be quite useful for admins who love notifying their group participants about the latest news.

  • Searching for Participants

WhatsApp users are going to be able to search for individual group participants after the new update arrives. This is a great feature because previously, users had to manually scroll through the list of participants and look for the person they want.

Categories
News Tech

Will Surface Hub 2 Revolutionize the Way we Work?

Microsoft is almost ready for the second generation of Surface Hub, and it appears that the company has prepared a lot for the release. Microsoft announced the device on Tuesday and we were able to learn about some of its features and specifications.

Design

It appears that the new Surface Hub will be smaller than the previous one, and it will weigh less as well. According to Ryan Day, a Microsoft spokesman, the company made some adjustments when it comes to the design of the giant tablet. The weight of the device will be between 25 and 35 kilograms.

Impressive display

The display will be a 4k plus one, that will have a 3:2 ratio. If the previous Surface Hub impressed us with its display, the Surface Hub 2 has its surprises as well. For example, you will be able to mount four Surface Hub 2s next to each other. This means that you will be able to create a massive video wall, which is something that can change the way we use it.

The Surface Hub 2 can also be used on a rolling easel stand, which makes it very easy to use and move around. In an office, this new addition can change the way meetings go.  If you are tired of the classical whiteboard, the Surface Hub 2 can replace it and bring everything you need in one place.

When it comes to conference calls, the giant tablet is ideal for Skype, as this was one of its original go-to apps. Surface Hub 2 managed to evolve even more, and, according to Microsoft, it will be an important element of the “intelligent edge”. The Surface Hub 2 will also be an essential tool for teamwork, as it enables “immersive collaboration”.

Exit mobile version