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PR: Luxure Global Citizen Statement – Luxury Rewards Platform for the World’s Most Prestigious Brands

February 11, 2018 |

Luxure Global Citizen Statement - Luxury Rewards Platform

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

In 2017, Luxure Global Citizen identified the incredible potential of creating its own
Cryptocurrency based on a bespoke business model and structure.

Luxure Global Citizen saw the Cryptocurrency as something that would be complementary to its core business in two ways: Accepting the digital currency as form of payment against luxury goods & products and offering valued members a 5% reward in the Luxure Global Citizen digital currency.

Luxure Global Citizen was approached by Populous World Ltd with an offer to create a Cryptocurrency in return for 10% of the invoices to be filtered through the Populous invoicing platform.

Luxure Global Citizen came to an agreement with Populous World Ltd but made the decision to terminate this arrangement with immediate effect from February 1st 2018.

Luxure Global Citizen has retained experts in this field to build its own Cryptocurrency internally. For information and updates, please visit the new website which is launched on February 9th 2018, URL here: www.luxureglobalcitizen.com

Luxure Global Citizen sympathises with those who have been affected by the unauthorised Populous World Ltd announcement of September 2017.

As a result of this inconvenience, Luxure Global Citizen will offer all those affected our forthcoming “LGC-Coin” at the initial private sale in the coming weeks. This is a goodwill gesture from Luxure Global Citizen and the date of this private sale will be announced via email.

Should any affected party wish to participate in the initial private sale of the “LGC-Coin” please contact Luxure Global Citizen directly with proof of your purchase with Populous World Ltd via the aforementioned website.

ENDS

About Luxure Global Citizen
Luxure Global Citizen is a celebration of the finest brands and luxury shopping destination
for our selected membership base. Members can enjoy the benefits of raising new special
orders and view their account to see monthly 5% Cash Reward statements.

Contact Email Address
shivani.lal@luxureglobalcitizen.com
Supporting Link
https://medium.com/@info_90170/luxure-global-citizen-statement-e325efb05ad
http://www.luxureglobalcitizen.com/

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: Luxure Global Citizen Statement – Luxury Rewards Platform for the World’s Most Prestigious Brands appeared first on Bitcoin News.

Bitcoin News

Scottish distillery makes world’s strongest gin: ‘A small amount definitely goes a long way’

February 9, 2018 |

A Scottish distillery has created the world’s strongest gin — with an incredible 77 percent of alcohol by volume.
FOX News

The Solution to the World’s Most Toughest Bitcoin Puzzle Is as Clever as Its Creator

February 6, 2018 |

The Solution to the World’s Most Toughest Bitcoin Puzzle Is as Clever as Its Creator

Last week, an enigmatic and fiendishly tricky puzzle that had baffled bitcoiners for years was finally solved. In the process, it earned the individual who cracked it a 5 BTC jackpot and brought new acclaim to the team behind the project. After being launched in 2015, at the height of the bitcoin bear market, the puzzle attracted a flurry of interest. As the months passed and no one stepped forward to claim the prize, interest in the puzzle waned, until last week’s sudden news that its mysteries had been decoded.

Also read: A Look At Service Providers and Tools Supporting the New BCH Cashaddr Format

Satoshi, Shakespeare and the $ 50,000 Puzzle

1FLAMEN6 was the name assigned to a notorious bitcoin address created in 2015. The notoriety came on account of the 5 BTC locked inside it. The coins were anyone’s to claim, but to unlock them they would have to solve a visual puzzle that had baffled some of crypto’s greatest minds and finest armchair detectives. The Legend of Satoshi Nakamoto is a visually rich painting by @coin_artist, who devised the board game-inspired artwork in conjunction with fellow crypto creative Rob Myers. It was evident that the painting contained clues that would reveal the key to the bitcoin wallet, but those clues were so obscure and esoteric as to thwart all attempts to crack them.

The Solution to the World’s Most Toughest Bitcoin Puzzle Is as Clever as Its Creator
The painting at the center of it all.

That’s until a 30-year-old programmer operating under the pseudonym of Isaac stepped forward and helped himself to the prize. Motherboard spoke to the code-cracking genius, who confessed that holding bitcoin wasn’t safe in his country, hence the desire to preserve his anonymity. Isaac only learned of the puzzle a month ago, but in three weeks made more progress than the crypto community had made in the past three years. Encoded in the painting, Isaac discovered, was the key to the bitcoin wallet prefaced by the phrase “B34u7y, truth, and rarity”, put there to signal that its finder had been successful.

17th Century Wisdom Meets 21st Century Tech

The Solution to the World’s Most Toughest Bitcoin Puzzle Is as Clever as Its CreatorThe phrase encoded in the painting is taken from a William Shakespeare poem called The Phoenix and the Turtle. The poem, like its author, is a subject of some mystery and much speculation. The same can be said of Satoshi Nakamoto of course, who the painting was named after. @coin_artist explained to Motherboard how the inclusion of Shakespeare was “important to me because events flipped my life upside down and I created this piece at rock bottom. The painting was also created during the toughest part of the bear market and those original bitcoins I loaded into that address were half of everything I had to my name. It was essentially a prayer that things would get better.”

@coin_artist created the painting while her fellow artist Rob Myers help encode the key which was hidden in it, using flames around its border and ribbons tied to the key to correspond to binary strings. The full story of how Isaac went on to decode the rest of the clues is a lengthy but fascinating one. Thanks to the number of bitcoin forks that have occured since the 1FLAMEN6 wallet was loaded with 5 BTC, the final prize is in fact greater than $ 50,000.

Conveniently for @coin_artist, the puzzle was solved at the same time as she was seeking to promote her latest project, Neon District, a blockchain RPG game set in a dystopian future. In keeping with its designer’s methodology, the game is loaded with easter eggs which, when solved, will help players uncover a grand prize of some description. Coincidences aside, cryptocurrency and cryptographic puzzles are a mind-boggling match made in heaven.

Did you try to solve the bitcoin puzzle after it was announced in 2015? Let us know in the comments section below.


Images courtesy of Shutterstock, Wikipedia, and @coin_artist.


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

The post The Solution to the World’s Most Toughest Bitcoin Puzzle Is as Clever as Its Creator appeared first on Bitcoin News.

Bitcoin News

One of World’s Premier Ivory Investigators Is Killed

February 5, 2018 |

“Pachyderms have lost a great champion.” That’s the tribute of one elephant expert for Esmond Bradley Martin, one of the world’s most well-known ivory investigators, who was found killed in his home in Nairobi, Kenya, per the Telegraph and BBC . The 75-year-old had a stab wound to his neck, and…
Newser

US Slides Again in Ranking of World’s Best Countries

January 28, 2018 |

Call it the “Trump Effect.” For the second straight year, the United States has dropped in the annual US News Best Countries ranking, according to US News & World Report . The ranking is determined by a survey of more than 21,000 people around the world regarding their perceptions of…
Newser

Coincheck Faces Pressing Questions in the Wake of the World’s Biggest Hack

January 27, 2018 |

Coincheck Faces Pressing Questions in the Wake of the World’s Biggest Hack

It was, by any reckoning, a huge haul. Between $ 400 million and $ 534 million dollars of NEM stolen, depending on whether you go on its value at the time or once the market had reacted to the news. At a press conference on Friday afternoon, the stunned Coincheck team painted forlorn figures as they came to terms with being on the receiving end of the greatest heist of all time. In the inevitable post-mortem, questions have been raised about the security practices of the Japanese exchange.

Also read: Coincheck Halts Operations Amidst Hacking Rumors

Gox II: Goxxed Harder

Coincheck Faces Pressing Questions in the Wake of the World’s Biggest HackJapan thought its days of being the focal point for record-breaking cryptocurrency heists were behind it. Less than four years on from the Mt Gox hack, which heralded the end of Japan’s and the world’s largest exchange, the country is back in the spotlight. Over the past few years, Japan has earned praise for its measured approach to cryptocurrencies, having encouraged their use in a regulated environment. Only this week, the Bank of Japan gave crypto a mild endorsement. But on Friday January 26, the nation’s 127 million citizens awoke to the news that another seismic cryptocurrency hack had occurred on home soil. At around 3am local time, someone withdrew all of the NEM held by the exchange in a single transaction.

The identity and origin of the hacker is unknown at this time, but what few details have emerged suggest serious flaws in Coincheck’s security procedures. It appears that the 500 million NEM were stored in a hot wallet with no multi-sig. If so, the exchange has learned nothing from recent history, for it was a similar setup that resulted in Mt Gox losing around 850,000 bitcoins in 2014. At a press conference on Friday, when asked about Coincheck’s security practices, there was an awkward pause before president Wakata Koichi Yoshihiro batted the question away, electing to issue an apology instead.

The Coincheck Hack by Numbers

The magnitude of the Coincheck hack, a haul which exceeds any other, can be seen by comparing it alongside real world record-breakers.

Securitas Depot Robbery, $ 83 million: Disguised in wigs and prosthetics, a gang did over a security depot in Britain in 2006. They would have made off with more, only there was no more space for cash in the lorry. The Securitas robbery was worth one sixth of the NEM hack.

Knightsbridge Security Deposit Robbery, $ 97 million: A safety depot raid in London in 1987 netted a huge load of cash and jewelry but it was still only worth a fifth of the NEM cryptocurrency hack.

Coincheck Faces Pressing Questions in the Wake of the World’s Biggest HackBaghdad Bank Heist, $ 282 million: Iraq’s Dar Es Salaam bank was relieved of hundreds of millions of dollars in 2007, with two guards alleged to be the instigators. The bumper robbery was worth around half the NEM stolen from Coincheck.

Mt Gox, $ 450 million: The tranche of bitcoins stolen from the world’s largest cryptocurrency exchange in 2014 was worth around $ 80 million less than the value of NEM that was taken.

An Irredeemable Fortune

In reality, the thief may find themselves struggling to shift their hot property. Within hours of the attack occurring, the NEM team had contacted cryptocurrency exchanges seeking to have the wallet address blacklisted. One thing NEM won’t be doing is emulating Ethereum and hard-forking. If the blockchain were to be rolled back and the stolen coins forked away, it would do Coincheck a favor, but would do little to demonstrate the immutability of blockchain ledgers.

Coincheck Faces Pressing Questions in the Wake of the World’s Biggest Hack
NEM’s president is against a hard fork.

Japan’s Financial Services Authority has confirmed it is “looking into the facts” surrounding the matter. Meanwhile, Coincheck has promised that it is seeking to compensate its customers who had their NEM stolen. Despite its hefty dollar value, the NEM hack is unlikely to put a discernible dent in the cryptocurrency markets. It raises serious questions though about Coincheck’s fitness to operate a cryptocurrency exchange.

Coincheck Faces Pressing Questions in the Wake of the World’s Biggest Hack

The company had previously reported being approved by the Financial Services Agency, but it’s emerged that Coincheck was not registered with the FSA. The only way for Coincheck to pay back its customers may be for it to be allowed to continue trading. Whether regulators will allow the beleaguered exchange to stay in business – and whether customers will trust it again – is another matter entirely.

Do you think Coincheck should keep trading or wind up its operations? Let us know in the comments section below.


Images courtesy of Shutterstock, Twitter, and Coincheck.


Need to calculate your bitcoin holdings? Check our tools section.

The post Coincheck Faces Pressing Questions in the Wake of the World’s Biggest Hack appeared first on Bitcoin News.

Bitcoin News

PR: World’s First Ai & Blockchain-Based Dating & Relationship Project  Viola.Ai Raises 70% of Pre-Sale Hard Cap with Less Than 2 Weeks Left

January 24, 2018 |

World’s First Ai & Blockchain-Based Dating & Relationship Project  Viola.Ai

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

SINGAPORE – The first project that combines love and blockchain, Viola.AI has officially secured over 70% of its pre-sale hard cap, with over 5 million tokens sold.

The project that sets to revolutionize the current love industry, Viola.AI, was created by the team behind Lunch Actually Group which has over 13-years of proven success record and over 1.4 million members. Viola.AI promises to be the most successful and smartest A.I to create a global and borderless full loop solution from dating, courtship, relationship to marriage.

With the pre-sale currently ongoing until 31 Jan 2018, the team has building momentum with various marketing campaigns and growing the community with the valuable help of the advisory board, which includes:
• Prakash Somosundram – Serial Entrepreneur, Fintech Influencer, Singapore Government Advisor
• Kenneth Tan – Co-Founder, FundYourselfNow and Blockchain Writer
• Alex Haxton – Cryptocurrency Advocate and Blockchain Consultant
• Peter Sin – Co-Founder, Singapore Bitcoin Club
• Caleb Yap – Co-Founder, Singapore Bitcoin Club
• Brian Condenanza – Internet Entrepreneur, ICO Advisor
• Gautam Seshadri – Entrepreneur, Angel Investor, Tech Advisors
• Phillippe Rodriguez, President of Bitcoin Association in France and founder of Avolta Partner
• Michael Reece, Blockchain entrepreneur and Co-Founder of NicheAdNetwork
• Bruno Vanryb, Serial Entrepreneur who founded Avanquest
• Hong Ting Wong, early adopter of cryptocurrencies, a serial entrepreneur, founder & CEO of Botbot.AI and 2359 Media
• Lisa Clampitt, Founder and President of Matchmaking Institute in New York, and
• Dato Larry Gan Nyap Liou, Managing Partner at Accenture for 16 years

With the growing demand and request, supporters can contribute to the project through crypto (bitcoin or ETH) as well as fiat, with most number of supporters coming in from the US, followed by Singapore.

The hard-cap of the pre-sale is at 7.5 million VIOLA tokens (excluding bonus tokens), with the public sale sets to begin on 14 March 2018. 1 VIOLA token is at $ 0.20 with the current 50% bonus tokens until 31 Jan 2018.

VIOLA is a utility token that can be used in many ways within the Viola.AI ecosystem, including:
• Payment for good and services for singles and couples
• Advertising fee payment by merchants and experts
• Community rewards for good advice or content posted by users in the community
• Referral commission to incentivize growth
• Gamification rewards

“We are very excited to see the growth and support from people all over the world on this project,” Co-Founder Jamie Lee says, “We believe that Viola.AI will positively impact billions of people worldwide to improve their relationships, and with the reception that we have had so far, proves that our community believes that as well.”

Speaking further, Jamie says that this is just the start of the journey to disrupt the love industry. “The contributions raised through our token sale will help us build Viola.AI — which we are already starting.”

The conceptualisation of Viola.AI came after being in the industry for the past 13 years and understanding the various challenges singles and couples face. Viola.AI will evolve her role to help people in the stages of dating, couple-hood to marriage and ensure that we would always serve users to the best of our ability throughout, helping people find love, helping romance blossom, and helping sustain the relationship right till their twilight years.

The Viola.AI team was recently at Unlock Blockchain Conference 2018 in Dubai, and will be in London Blockchain Week (22-24 Jan 2018), Blockchain Economic Forum Singapore (4-6 Feb 2018) and is also one of the top 25 finalists in the upcoming d10e’s ICO Pitching Competition in Cayman Islands this coming 30 Jan 2018.

For more information on Viola.AI, visit www.viola.ai

For those who have not joined our pre-Token Sales, you can do so at www.viola.ai. (get 50% Bonus Tokens)
Join the discussion on Viola.AI Telegram: https://t.me/ViolaAI

**END**

About Viola.AI
Viola.AI is an ever-improving, decentralized and secure A.I. Driven Marketplace that gives data-driven advice, recommendations, concierge and matches to helps singles to be effective and efficient in finding love while also helping couples to sustain and better their relationships with their significant other.

Contact Email Address
christina@viola.ai
Supporting Link
www.viola.ai

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: World’s First Ai & Blockchain-Based Dating & Relationship Project  Viola.Ai Raises 70% of Pre-Sale Hard Cap with Less Than 2 Weeks Left appeared first on Bitcoin News.

Bitcoin News

CNN

It snowed in one of the world’s hottest places

January 18, 2018 |

A substantial amount of snow fell in Ain Sefra, a desert town in Algeria known as the “Gateway to the Sahara,” for reportedly the third time in 40 years.
CNN.com – RSS Channel – World

China Is No Longer Accepting the World’s Recycling

January 12, 2018 |

China has declared that it is no longer accepting “foreign garbage”—which has left a lot of countries, including the US, wondering what to do with it. As part of a drive to reduce pollution, the country stopped accepting 24 kinds of waste on Jan. 1, including mixed paper and…
Newser

What Happens During Blackout at World’s Biggest Tech Show

January 10, 2018 |

With apologies to Alanis Morissette: “It’s like rain on your wedding day; it’s a blackout at a giant tech show…” USA Today reports the power went out for nearly two hours Wednesday in two of the main halls at the Las Vegas Convention Center during the Consumer Electronics Show. CES…
Newser