Porn Sites Are Doing the Most Cryptocurrency Mining (Motherboard.Vice.com)
Recent tumult in cryptocurrency markets hasn’t stopped unscrupulous websites from hijacking unsuspecting visitors’ computers to mine digital coins. According to new insights published on Wednesday by Chinese security firm 360 Netlab, which used a tool called DNSMon to track the relationships between domain names on the internet, 241 of the top 100,000 websites by traffic according to Alexa contain code that uses site visitors’ computer hardware to perform calculations that generate cryptocurrency through a process called mining. Of these sites, 49 percent were porn.
Here’s Why Ethereum (ETH) Isn’t Like Any Other Cryptocurrency (Globalcoinreport.com)
Ethereum (ETH) is one of the top two cryptocurrencies on the market right now but, just as with bitcoin, it’s position at the top of the pile has far from insulated from the wider market’s decline seen over the last eight weeks or so. With regards to ETH specifically, the token currently trades for a little over $810 apiece, down from the $1389 reached on January 15, 2018. That’s a 41% decrease from highs and it gives Ethereum a market cap right now of just shy of $79 billion. Take a look at the mainstream news coverage of the cryptocurrency space right now and you will see the general treatment of Ethereum and its token ETH mimics that of many of the other coins in the space.
Binance, One of the World’s Largest Crypto Exchanges, has Suspended Trading — but Says it wasn’t Hacked (UK.BusinessInsider.com)
Binance, one of the world’s largest cryptocurrency exchanges, has suspended all trading after system maintenance took longer than expected. The upgrades began around 7 p.m. ET Wednesday, when the Hong Kong-based exchange said users “may experience a decrease in exchange performance.” However, Binance announced Thursday morning that maintenance was taking longer than expected due to “a significant increase in users and trading activity.”
Litecoin Releases New Core Version, Fights for Wider Adoption (Cryptovest.com)
The Litecoin project has updated its core version, and is preparing for release following a community revision of the code. Litecoin is also struggling to recover its previously high prices, as it still hovers below $150. In the past weeks, the Litecoin and Charlie Lee has held investors up with promises of news coming soon. However, the expectation did not bar Litecoin from dropping sharply, along with the rest of the market.
Will Ethereum Security Tokens Address KYC Trading Security Needs? (BTCManager.com)
In a bid to address the most persistent issues of cryptocurrency on the blockchain, Polymath is seeking to tweak the standard market shareholder structure to make trading watertight. The Polymath Network Telegram on January 13, 2018, surpassed even the Ripple Telegram channel after hitting a maximum cap of 50,000 subscribers. The company has simple yet bold plans to answer the need to “know your customer” (KYC) in cryptocurrency trading. A New Structure that is Secure from the Start: The Polymath platform generates an interface between securities and the blockchain. Global concerns over money laundering and other fraudulent activities within the cryptocurrency world persist. Being able to replace “shareholders” with “token holders” is something Polymath is touting as it looks to a new era of STOs (Security Token Offerings).
