Image Image Image Image Image Image Image Image Image Image Image Image

| October 22, 2018

Scroll to top

Top

Despite Archives -

Kim Kardashian says despite ‘wild, sexual’ persona, she ‘more conservative’ in the bedroom

October 20, 2018 |

The mother of three reveals that despite always posing without clothes, she is actually “more conservative” in the bedroom. 
FOX News

Brothel Owner Expected to Win Election Despite Death

October 18, 2018 |

Despite being found dead on Tuesday, Nevada’s most famous pimp is poised to win a Nov. 6 election to the state legislature , reports the AP . The body of Dennis Hof, who marketed himself as a Donald Trump-style Republican in his race for a heavily GOP Assembly district, was found at…
Newser

Despite Setbacks Crypto Wages Still an Option for Russians, Poll Finds

October 13, 2018 |

Despite Setbacks Crypto Wages Still an Option for Russians, Poll Finds

Crypto markets have passed through hard times this year but cryptocurrency remains a viable remuneration option for businesses in the industry and their employees in Russia, new numbers and estimates suggest. The observation is valid for many companies and contractors around the world as a number of platforms now match employers and job seekers in the crypto space.

Also read: Russian Crypto Groups in Telegram Increase Membership Despite Ban

Half of Fintech Firms in Russia Pay With Coins, Estimate

Despite Setbacks Crypto Wages Still an Option for Russians, Poll FindsCryptocurrencies are yet to be legalized in the Russian Federation but a growing number of its citizens and businesses are earning their money in the crypto-space. Deputies in Moscow have postponed the final adoption of the draft legislation introduced in the Duma this spring and it’s been reported that the latest version of the law “On digital financial assets” does not even mention cryptos. Nevertheless, the industry is constantly expanding – the number of mining enterprises has increased by 15 percent this year, there is a strong demand for crypto experts, and the average salary in the sector is four times higher than the nation’s average monthly wage.

Russian crypto media have recently reported that around half of the local ICO projects and crypto companies use digital assets to settle their bills despite its unregulated status and unclear future in the country. Up to 50 percent of these businesses deal with their counterparts in cryptocurrency, according to Philipp Khomenok, Community Relations and Marketing Manager at Confideal, a service that helps clients create smart contracts on the ethereum blockchain. Many of these companies also pay their employees and contractors with digital money rather than fiat. This is often the case when Russian businesses hire foreign talent and expertise.

“If the legislation allows you to pay workers with cryptocurrency, a rather simple, completely transparent and ‘white’ scheme is applied, which allows you to collect taxes and other obligatory payments…If a country’s legislation does not allow crypto accounting, then all salaries will be ‘black,’” says Dmitry Lazarichev, co-founder of the popular European crypto card and wallet provider Wirex, quoted by the Russian outlet Bloomchain.

Crypto Salaries Gaining Popularity Around the World

Despite Setbacks Crypto Wages Still an Option for Russians, Poll FindsDifferent payment options are available and the UK-based Wirex pays wages in bitcoin core, U.S. dollars or both. According to Lazarichev, around half of its employees receive their salaries in BTC. Japanese internet giant GMO introduced a similar salary payment system in December. Other companies like Bitcoin.com use bitcoin cash (BCH) for accounting and remuneration purposes taking advantage of its fast and low-cost transactions. Ethereum and ripple are two other popular choices in Russia. Many ICO startups use their own tokens.

Salaries are often agreed as a fixed amount in fiat currency and then paid in cryptocurrencies according to the current exchange rate. A number of services are now matching employers with job seekers in the crypto space. Some of them, like Bitwage, allow companies to pay their remote contractors in dozens of fiat currencies and popular digital coins. Other platforms, such as Dream, Bitgigs, and Coinality, help companies find freelancers willing to accept crypto payments for their help, the publication details. Sites like Cryptojobs, Cryptojobslist, Cryptocurrencyjobs post openings with crypto salaries.

Youngsters and Men More Likely of Accept Wage in Cryptocurrency

Despite Setbacks Crypto Wages Still an Option for Russians, Poll FindsThis year’s market downturns are a sign of a weakening appetite for cryptocurrencies. Nevertheless, many Russians would still like to receive some of their monthly wages in crypto, according to a study conducted by the Russian jobs portal Superjob. The platform has been measuring their attitudes since the beginning of the year and despite the declining interest, 5 percent of the 1,600 respondents from all Russian regions polled in October said they wanted to get at least part of their salary in digital coins. That’s 7 percent among men and Russians in the age group 25-35, and 8 percent among youngsters, 18-24 years old.

According to results from another survey, published in September by Chronobank, an HR company working in the industry, only 30 percent of the Russians who receive compensation in cryptocurrency are ready to pay taxes. At the same time, almost half of the Russian respondents, 48 percent, admit they are aware that salary payments in cryptocurrency are not yet legalized in their country. If that ever happens is still an open question in Russia.

According to the latest reports from Moscow, the executive power intends to regulate the sector in cooperation with the intergovernmental Financial Action Task Force (FATF). Speaking to the Rossiya 24 channel, President Putin’s special representative for the digital and technological development, Dmitry Peskov, noted that the partnership with FATF is under consideration due to the high risks associated with the industry. He also admitted that the system evolves much faster than laws can be written and added that the adoption of a comprehensive law might not even happen. The new FATF crypto standards are expected by the end of October.

What are your expectations about the future of salary payments in cryptocurrency? Share your thoughts on the subject in the comments section below.


Images courtesy of Shutterstock.


Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we.

The post Despite Setbacks Crypto Wages Still an Option for Russians, Poll Finds appeared first on Bitcoin News.

Bitcoin News

Ukraine Orthodox Church to Win Recognition Despite Russian Warning

October 13, 2018 |

The foremost leader in Orthodox Christianity said he would grant Ukraine a self-governing church independent of Russia, handing the former Soviet republic a significant victory in its efforts to reduce the Kremlin’s influence there.
WSJ.com: What’s News Europe

TMZ

NFL’s Eric Reid Signed By Panthers Despite Kneeling Controversy

September 27, 2018 |

Eric Reid — who filed a collusion grievance against the NFL — has just been signed by the Carolina Panthers, the team announced.   Reid was widely considered one of the best free agent safeties on the market — but he believed he was…

TMZ.com

Fed hikes its key interest rate again and signals more increases coming despite Trump’s criticism

September 27, 2018 |

Despite President Trump’s unusual public criticism of their monetary policy, Federal Reserve officials inched up their key interest rate again on Wednesday — and indicated they would do so again in the face of strong economic growth.

The latest 0.25-percentage-point increase, approved by a unanimous…


L.A. Times – Business

Despite Ban, 25 Google Play Apps Found to Cryptojack Users

September 26, 2018 |

Despite Ban, 25 Google Play Apps Found to Cryptojack Users

Sophoslabs has published a report in which the company claims to have identified at least 25 Android apps published on the official Google Play store that contain script facilitating the ‘cryptojacking’ of users’ computing resources.

Also Read: Google Bringing Back Crypto Ads in US and Japan

25 Apps Containing Mining Malware Identified on Google Play Store

Despite Ban, 25 Google Play Apps Found to Cryptojack UsersSophoslabs claims to have discovered 25 apps on the official Google Play store that contain cryptojacking code within them.

report published by the company asserts that the apps in question have “been downloaded and installed more than 120,000 times.”

The apps accused on containing cryptojacking code are LHDS Vendors – which is published by Taste of Life Group, Mobeleader from Abser Technologies S.L., Palkar by Palpostr.com, Dizi Fragmanları İzle from Oguzhan Kivrak, Helper for Knight Game from Evgeny Solovyov, Game Viet 2048 from Thanhtu Media, Trance Droid by Happy Appys, A Paintbox For Kids by Uwe Post, Afterlife: RPG Clicker CCG by Levius LLC, Dominoes Games from Fun Board Games, Info Guru Pendidikan by Cakrawala Pengetahuan, Lighton by Buyguard, Tapbugs and Dreamspell – both published by Riccotz, and 11 apps published by Gadgetium – all of which comprised “preparation apps for standardized tests given in the [United States].”

88% of Cryptojacking Apps Contain Coinhive Implementation

Despite Ban, 25 Google Play Apps Found to Cryptojack Users22 of the 25 apps identified by Sophoslabs were found to contain an implementation of Coinhive’s code.

Lighton and Mobeleader were found to hosting mining scripts on their own servers – “presumably to thwart firewalls or parental controls/reputation services that might block Coinhive’s domain by default.”

A Paintbox for Kids was found to be running Xmrig – “an open source CPU miner that can mine several cryptocurrencies in addition to XMR.”

Cryptojacking Apps Discovered in Spite of Ban

Despite Ban, 25 Google Play Apps Found to Cryptojack UsersThe discovery of the apps comes in spite of the Google Play Store’s July ban on “apps that mine cryptocurrency on devices.”

The ban followed several other undertaking perceived to comprise a crackdown on crypto across Google’s platforms – including the prohibiting of cryptocurrency mining extensions from the Chrome Web Store in April, and the banning of advertising content relating to “cryptocurrencies and related content” from Google’s platforms in March.

This week, Google showed the first signs of softening its stance on cryptocurrency since launching its crackdown, announcing that “The Google ads policy on financial products and services will be updated in October 2018 to allow regulated cryptocurrency exchanges to advertise in the United States and Japan.”

Do you think that scammers will continue attempting to publish cryptojackers on Google’s Play Store despite the company’s ban? Share your thoughts in the comments section below!


Images courtesy of Shutterstock


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The post Despite Ban, 25 Google Play Apps Found to Cryptojack Users appeared first on Bitcoin News.

Bitcoin News

Russian Crypto Groups in Telegram Increase Membership Despite Ban

September 26, 2018 |

Russian Crypto Groups in Telegram Increase Membership Despite Ban

The members of crypto-related Telegram channels have increased in number since the messenger was banned by a Moscow court in April, according to a study covering the top 50 Russian language groups. Despite a decrease in the views of published posts during the summer months, the readership of all examined groups has jumped by 21%, and 49% for those in the “Cryptocurrency” category.

Also read: US Startup Presents Telegram Alternative

Amidst Restrictions, Telegram Crypto Channels Attract More Russians

Russian Crypto Groups in Telegram Increase Membership Despite BanSeveral months after Russian authorities started a campaign against Telegram, the number of its Russian users interested in cryptocurrency has increased significantly. According to a new report covering the top 50 Russian language channels, the members of the crypto-related Telegram groups have increased by 49% since April when a ban on the popular messenger was officially imposed.

The clampdown on Telegram started when the country’s telecom watchdog, Roskomnadzor, attempted to restrict access to the platform by blocking its IP addresses. However, despite causing some interruptions in the service, the regulatory agency has been largely unsuccessful. Its efforts to block the app followed a decision issued by a district court in Moscow on April 13 that came in response to Telegram’s refusal to hand over its encryption keys to the Federal Security Service. Formally, FSB wants to obtain access to users’ communication under the country’s anti-terrorism laws. The actions of Russian authorities sparked protests.

Of course, the ban, the noise around it, and the difficulties Telegram is facing have had an adverse effect on some of its indicators. The study conducted by the non-profit organization Rspectr found that the posts in the examined most popular Russian channels have been losing 11.2% of their views on average each month, April through August, or 45% for the whole period. The growth of new subscriptions registered by the messenger has also decreased this summer – it’s been only 0.01% in the last month.

Russian Audience Interested in Cryptocurrency and Business

Nevertheless, the readers of the leading channels have actually increased in number, the researchers point out – by 21% during the same period (4% monthly). The membership of several of the top-50 groups continues to grow. The Russian audience is mostly interested in topics in the categories of “Cryptocurrency” and “Business/Economy”, which includes startups. The number of their readers has jumped by 49% (8.4% monthly) and 35% (6.2% per month) respectively.

Russian Crypto Groups in Telegram Increase Membership Despite BanThe study also covers the groups in the “Telegram” category, including the Russian language channel of Pavel Durov, founder of the messaging app, two channels for sharing proxy servers used to circumvent the blockade, as well as the “Teleblog” channel devoted to news about Telegram. The number of subscribers to these groups has increased by 186%, or 23.4% per month. The average reach of the posts in these groups rose by 28%, with Durov’s comments accounting for the largest share of the increase.

The authors of the report have noted the steady decrease in the frequency of posting in the studied channels, probably related to lower user activity during the holiday season, which is likely to have caused the drop in the number of views as well. A positive trend has been detected in August when the average number of views of the posts in the “Cryptocurrency” category jumped by 13%.

What do you think about the findings in the study? Is the ban on Telegram effective? Share your thoughts on the subject in the comments section below.


Images courtesy of Shutterstock.


Express yourself freely at Bitcoin.com’s user forums. We don’t censor on political grounds. Check forum.Bitcoin.com.

The post Russian Crypto Groups in Telegram Increase Membership Despite Ban appeared first on Bitcoin News.

Bitcoin News

AP: Despite shootings, states return to familiar patterns

September 25, 2018 |

Shortly after last year’s shooting massacre on the Las Vegas strip, Ohio Gov. John Kasich convened a working group to explore possible reforms to state gun laws.
FOX News

Markets Update: Despite Negative Headlines – Crypto-Prices Continue to Rise

September 23, 2018 |

A few days ago digital asset markets saw some good gains pushing the entire crypto-economy up past $ 229 billion. Both bitcoin cash (BCH) and bitcoin core (BTC) had nice percentage spikes with BCH up 13 percent, and BTC up 3.5 percent over the last week. However, the biggest gainer this week was ripple (XRP) jumping over 103 percent over the course of the past seven days.

Also read: Bitcoin Glyphs Added to Apple’s Shortcuts Application

Cryptocurrency Markets Rebound and Consolidate

It was a weird week in cryptocurrency land, to say the least. During the last seven days, digital asset enthusiasts heard about the Securities Exchange Commission’s (SEC) deciding to hold off on the Vaneck/Cboe ETF decision until they get further commentary. Then a critical exploit that could have caused massive inflation was found in the Core reference client (and many other implementations) by a BCH developer. Lastly, the Japanese exchange Zaif revealed this week it lost close to 6000 BTC in a hack. Now one would think all of these things would affect cryptocurrency markets in a negative way. On the contrary, digital currency markets spiked in value as a great majority of coins saw seven-day gains.

The Top Crypto-Markets

Bitcoin core (BTC) markets over the last week are up 3.4 percent (US$ 6,723) and the cryptocurrency’s market valuation is around $ 116.2 billion today. Ethereum (ETH) markets shot up pretty good this week as one ETH ($ 244) has gained 12 percent. Of course, the cryptocurrency crowd witnessed the 103 percent increase ripple (XRP) markets experienced this week. One XRP is valued at $ 0.56 this Sunday and the coin’s market capitalization is about $ 22.5 billion. Bitcoin cash (BCH) markets are up 13 percent per BCH ($ 492) over the last seven days and the currency’s market valuation is about $ 8.5 billion this weekend. Lastly, EOS is priced at $ 5.45 and the EOS market performance over the last weeks is up 12.2 percent.

Markets Update: Despite Negative Headlines - Crypto-Prices Continue to Rise

Bitcoin Cash (BCH) Market Action

Bitcoin cash market action today is showing the spot price hovering at $ 492 per coin but this Sunday BCH is up 3.12 percent over the past 24 hours. Over the last week, BCH dropped to a low of $ 411 on September 17 and went back to a high of $ 501 on the 21st. The top bitcoin cash swapping exchanges today are EXX, Lbank, Hitbtc, Okex, and Huobi. The top currency pairs traded for bitcoin cash this weekend include BTC (51.8%), USDT (30.8%), ETH (6.9%), USD (5.1%), and KRW (2.3%). Bitcoin cash markets hold the sixth highest trade volumes today below eos (EOS) and above litecoin (LTC) volumes.

Markets Update: Despite Negative Headlines - Crypto-Prices Continue to Rise

BCH/USD Technical Indicators

The BCH/USD daily and 4-hour charts on Bitfinex and Binance indicate bulls are showing some signs of tiring out. We saw a big spike by the BCH bulls but it hit large resistance as markets gathered near 200 MA and corrected. Today, looking at the BCH/USD 4-hour chart, the 200 Simple Moving Average is above the 100 SMA trendline showing the path towards the least resistance is towards the downside. The 4-H RSI (61.6) shows the bulls may be exhausted and we could see some more sell off before another attempted upper leg jump. Order books show there’s some heavy resistance from here until $ 570 and another pitstop around the $ 590-630 range. Looking behind us we can see some foundational support between now until the $ 425 range and bears will be stopped there for a good period of time.

BCH/USD daily chart 9/23/18.

The Verdict: Despite Some Setbacks, Market Confidence Seems to Be on the Rise

Overall market confidence seems to be on the rise despite the recent BTC inflation bug and the SEC’s recent announcement to push off the decision to approve or deny the Vaneck/Cboe ETF. BTC/USD shorts, however, are very high still with over 30,000 short positions but ETH/USD short contracts have dropped significantly lower after touching their ATH. ETH/USD shorts have been cut from 26,000 on September 17 to just over 12,000 today.

Charles Hayter, the co-founder and CEO of the cryptocurrency data website Cryptocompare, believes last week’s ETH drop shook up market sentiment. “The fall in ethereum has spooked the market,” Hayter details. However, on a more positive note, Hayter emphasizes “there are multiple incumbent financial institutions looking closely at the space.”

Digital asset trade volumes have increased as this weekend has seen trade volume between $ 13-15 billion USD over the last 48 hours. This weekend’s verdict is far more optimistic than last weekend but it’s likely we will see some heavy consolidation and some corrections before the next level up, unless bears regain their strength.

Where do you see the price of BTC, BCH, and other coins headed from here? Let us know in the comment section below.

Disclaimer: Price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the “money.”


Images via Shutterstock, Trading View, and Satoshi Pulse.


Want to create your own secure cold storage paper wallet? Check our tools section.

The post Markets Update: Despite Negative Headlines – Crypto-Prices Continue to Rise appeared first on Bitcoin News.

Bitcoin News