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  • 01.06.2019 | US government preparing to launch antitrust probe into Google reports




    Google risks falling under scrutiny again as the US Department of Justice (DOJ) gears up to investigate the IT giant after studying its ads and search policies, new reports say. The DOJ is considering launching an antitrust investigation into Google, the Wall Street Journal wrote on Friday, citing sources. The story was quickly confirmed by several other media outlets.  The agency had reportedly decided to gear up against the Silicon Valley-based company after receiving several complaints, referred to it by the Federal Trade Commission (FTC). It is unclear what stage the government’s move is at, as some sources said the DOJ was making “early steps” in launching the probe, while others told reporters that it was “exploring” whether to do it. The focus of the possible investigation was also not specified. However, it was mentioned that the government taskforce had been examining Google’s advertising and search practices. The company and the DOJ declined to comment on the issue. The news feeds into growing concerns that tech giants like Google have become too influential on the global market. In March, the European Commission slapped the company with a €1.5 billion fine ($1.7 billion) for “abusive practices in online advertising.” The same claims were echoed in the US, where some of the Democratic 2020 hopefuls, like Senator Elizabeth Warren, spearheaded a call to “break up” Google and other IT giants, such as Facebook and Amazon. Google has been under scrutiny in recent years over allegations of political bias and the way it tackles ‘fake news.’ The company’s chief, Sundar Pichai, was grilled in Congress last December. During the exchange with the politicians on Capitol Hill, he had to defend things like pictures of President Donald Trump appearing after someone had Googled the word ‘idiot.’   © Toby Melville / Reuters   https://quantsalus.com/about/...

    Google risks falling under scrutiny again as the US Department of Justice (DOJ) gears up to investigate the IT giant after studying its ads and search policies, new reports say.

    The DOJ is considering launching an antitrust investigation into Google, the Wall Street Journal wrote on Friday, citing sources. The story was quickly confirmed by several other media outlets. 

    The agency had reportedly decided to gear up against the Silicon Valley-based company after receiving several complaints, referred to it by the Federal Trade Commission (FTC). It is unclear what stage the government’s move is at, as some sources said the DOJ was making “early steps” in launching the probe, while others told reporters that it was “exploring” whether to do it.

    The focus of the possible investigation was also not specified. However, it was mentioned that the government taskforce had been examining Google’s advertising and search practices. The company and the DOJ declined to comment on the issue.

    The news feeds into growing concerns that tech giants like Google have become too influential on the global market. In March, the European Commission slapped the company with a €1.5 billion fine ($1.7 billion) for “abusive practices in online advertising.”

    The same claims were echoed in the US, where some of the Democratic 2020 hopefuls, like Senator Elizabeth Warren, spearheaded a call to “break up” Google and other IT giants, such as Facebook and Amazon.

    Google has been under scrutiny in recent years over allegations of political bias and the way it tackles ‘fake news.’ The company’s chief, Sundar Pichai, was grilled in Congress last December. During the exchange with the politicians on Capitol Hill, he had to defend things like pictures of President Donald Trump appearing after someone had Googled the word ‘idiot.’

     

    © Toby Melville / Reuters

     

    https://quantsalus.com/about/


    31.05.2019 | Cuba Will Finally Legalize Private Wi-Fi Networks




    In the technology industry, a lot of features and services are taken for granted. Westerners see no problems with private Wi-Fi networks, but that situation was very different in Cuba. That is, until rather recently, when such private wireless networks were officially legalized in the country. Cuba Takes a big Step Forward It is commendable to see any form of open development in Cuba. Albeit this is still a Communist country first and foremost, it seems some positive changes are being introduced in recent months. The latest development comes in the form of making private Wi-Fi networks legal. Additionally, consumers and corporations can now officially import routers. It is rather odd to think how either of those things was impossible and illegal until this week. For anyone living in a more advanced or Western country, such developments may seem rather unimportant. After all, the majority of the world has enjoyed private wireless networks and a free choice of router for decades. In Cuba, users were forced to use public hotspots, such as wireless networks found at hospitals and other such locations. it was far from an ideal situation, yet allowed the government to monitor all internet traffic accordingly. It is expected these long overdue changes will go into effect on July 29 of this year. Even though private Wi-Fi networks are still illegal until that date, Cubans have created numerous private networks in recent years. Most of those networks are created through smuggled equipment which was not on the government’s approved list. It seems likely a lot more Wi-Fi networks will pop up come late July and beyond. For tourists who are looking to visit Cuba, this new development is rather interesting as well. Up until now, it was nearly impossible to access private networks other than those approved by the local government. As Cuba is now trying to welcome tourists with open arms – albeit still with a healthy dose of Communist attitude – improving upon the number of wireless networks is an important step forward. It is also worth noting the owners of private Wi-Fi networks will not be able to sell this service in a commercial manner. The monopoly on commercial internet access is still in the hands of ETECSA, which will not change. Regular citizens will be able to connect to this agency’s infrastructure by asking for an official permit. It is a very cumbersome workaround, but things could be worse. There is still a lot of work to be done prior to connecting the majority of Cubans to broadband internet. While this process has been ongoing for some time, interested parties have to contend with a snail’s pace. Whether or not the government will address the growing number of illegal antennas to connect to local hotspots, is a different matter altogether.   Image(s): Shutterstock.com https://quantsalus.com/faq/...

    In the technology industry, a lot of features and services are taken for granted. Westerners see no problems with private Wi-Fi networks, but that situation was very different in Cuba. That is, until rather recently, when such private wireless networks were officially legalized in the country.

    Cuba Takes a big Step Forward

    It is commendable to see any form of open development in Cuba. Albeit this is still a Communist country first and foremost, it seems some positive changes are being introduced in recent months. The latest development comes in the form of making private Wi-Fi networks legal. Additionally, consumers and corporations can now officially import routers. It is rather odd to think how either of those things was impossible and illegal until this week.

    For anyone living in a more advanced or Western country, such developments may seem rather unimportant. After all, the majority of the world has enjoyed private wireless networks and a free choice of router for decades. In Cuba, users were forced to use public hotspots, such as wireless networks found at hospitals and other such locations. it was far from an ideal situation, yet allowed the government to monitor all internet traffic accordingly.

    It is expected these long overdue changes will go into effect on July 29 of this year. Even though private Wi-Fi networks are still illegal until that date, Cubans have created numerous private networks in recent years. Most of those networks are created through smuggled equipment which was not on the government’s approved list. It seems likely a lot more Wi-Fi networks will pop up come late July and beyond.

    For tourists who are looking to visit Cuba, this new development is rather interesting as well. Up until now, it was nearly impossible to access private networks other than those approved by the local government. As Cuba is now trying to welcome tourists with open arms – albeit still with a healthy dose of Communist attitude – improving upon the number of wireless networks is an important step forward.

    It is also worth noting the owners of private Wi-Fi networks will not be able to sell this service in a commercial manner. The monopoly on commercial internet access is still in the hands of ETECSA, which will not change. Regular citizens will be able to connect to this agency’s infrastructure by asking for an official permit. It is a very cumbersome workaround, but things could be worse.

    There is still a lot of work to be done prior to connecting the majority of Cubans to broadband internet. While this process has been ongoing for some time, interested parties have to contend with a snail’s pace. Whether or not the government will address the growing number of illegal antennas to connect to local hotspots, is a different matter altogether.

     

    Image(s): Shutterstock.com

    https://quantsalus.com/faq/


    31.05.2019 | Tit-for-tat: Beijing to draft blacklist of foreign companies harming interests of Chinese firm




    The Commerce Ministry of China has pledged to create a list of foreign individuals, corporations and institutions that are considered “unreliable” or that violate the interests of Chinese businesses, state media reports. The ministry is planning to disclose details of the proposed list in the near future, according to spokesman Gao Feng, as quoted on state-run China National Radio. The measure has been proposed amid the recent scandal that has erupted around the US blacklisting of Chinese telecoms major Huawei, along with other Chinese corporations, on the direct order of US President Donald Trump. That decree bars American businesses from supplying Huawei with spare parts or technology solutions. The measure was introduced after the White House accused Chinese companies of espionage against the US on behalf of Beijing. Following the order, the US Department of Commerce announced the blacklisting of Huawei and 70 of its affiliates. This has forced American companies to seek special permission from the Bureau of Industry and Security (BIS) to trade with the Chinese firm. The radical measure has caused both American and foreign tech firms to suspend their business transactions with Huawei to comply with Trump’s order. US internet giant Google became the first and broke a product-sharing agreement with Huawei. Later, several chipmakers, including Intel, Qualcomm, Xilinx and Broadcom followed suit. US-based Microsoft, British chip designer ARM and telecoms group Vodafone, as well as Japan's Panasonic, have all cut ties with Huawei. The blacklisting of Huawei is seen as part of the ongoing trade dispute between China and the US. President Trump has accused Beijing of unfair trading practices and of intellectual property theft, having imposed first tariffs on goods imported from China. Beijing has denied the accusations and has responded with counter-tariffs on American products.   © Reuters / Thomas Peter   https://quantsalus.com/rules/...

    The Commerce Ministry of China has pledged to create a list of foreign individuals, corporations and institutions that are considered “unreliable” or that violate the interests of Chinese businesses, state media reports.

    The ministry is planning to disclose details of the proposed list in the near future, according to spokesman Gao Feng, as quoted on state-run China National Radio.

    The measure has been proposed amid the recent scandal that has erupted around the US blacklisting of Chinese telecoms major Huawei, along with other Chinese corporations, on the direct order of US President Donald Trump.

    That decree bars American businesses from supplying Huawei with spare parts or technology solutions. The measure was introduced after the White House accused Chinese companies of espionage against the US on behalf of Beijing.

    Following the order, the US Department of Commerce announced the blacklisting of Huawei and 70 of its affiliates. This has forced American companies to seek special permission from the Bureau of Industry and Security (BIS) to trade with the Chinese firm.

    The radical measure has caused both American and foreign tech firms to suspend their business transactions with Huawei to comply with Trump’s order. US internet giant Google became the first and broke a product-sharing agreement with Huawei.

    Later, several chipmakers, including Intel, Qualcomm, Xilinx and Broadcom followed suit. US-based Microsoft, British chip designer ARM and telecoms group Vodafone, as well as Japan's Panasonic, have all cut ties with Huawei.

    The blacklisting of Huawei is seen as part of the ongoing trade dispute between China and the US. President Trump has accused Beijing of unfair trading practices and of intellectual property theft, having imposed first tariffs on goods imported from China. Beijing has denied the accusations and has responded with counter-tariffs on American products.

     

    © Reuters / Thomas Peter

     

    https://quantsalus.com/rules/


    31.05.2019 | Russiagate is #1 threat to US national security Stephen Cohen




    The systemwide US Russophobia that reached its nadir with Russiagate has created a “catastrophe” for both domestic politics and foreign relations that threatens the future of the American system, professor Stephen Cohen tells RT. War with Russia could easily break out if the US insists on pursuing the policy of “demonization” that birthed Russiagate instead of returning to detente and cooperation, New York University professor emeritus of Russian history Stephen Cohen argues on Chris Hedges' On Contact. While NATO deliberately antagonized post-Soviet Russia by expanding up to its borders, the US deployed missile defense systems along those borders after scrapping an arms treaty, leaving President Vladimir Putin devoid of “illusions” about the goodwill of the West – but armed with “nuclear missiles that can evade and elude any missile defense system.” Cohen believes the conspiracy theory – which remains front-page news in US media despite being thoroughly discredited, both by independent investigators and last month by special counsel Robert Mueller’s report – is the work of the CIA and its former director, John Brennan, who are dead set against any kind of cooperation with Russia. Attorney General William Barr, who is investigating the FBI over how the 2016 counterintelligence probe began, should take a look at Brennan and his agency, Cohen says. “If our intelligence services are off the reservation to the point that they can first try to destroy a presidential candidate and then a president…we need to know it,” Cohen says. “This is the worst scandal in American history. It’s the worst, at least, since the Civil War.” And the damage wrought by this “catastrophe” hasn’t stopped at the US border. The idea that Trump is a Russian agent has been devastating to “our own institutions, to the presidency, to our electoral system, to Congress, to the American mainstream media, not to mention the damage it's done to American-Russian relations, the damage it has done to the way Russians, both elite Russians and young Russians, look at America today,” Cohen declares. And the potential damage it could still cause is enormous. “Russiagate is one of the greatest new threats to national security. I have five listed in the book. Russia and China aren't on there. Russiagate is number one.”   © Reuters / Carlo Allegri   https://quantsalus.com/about/...

    The systemwide US Russophobia that reached its nadir with Russiagate has created a “catastrophe” for both domestic politics and foreign relations that threatens the future of the American system, professor Stephen Cohen tells RT.

    War with Russia could easily break out if the US insists on pursuing the policy of “demonization” that birthed Russiagate instead of returning to detente and cooperation, New York University professor emeritus of Russian history Stephen Cohen argues on Chris Hedges' On Contact. While NATO deliberately antagonized post-Soviet Russia by expanding up to its borders, the US deployed missile defense systems along those borders after scrapping an arms treaty, leaving President Vladimir Putin devoid of “illusions” about the goodwill of the West – but armed with “nuclear missiles that can evade and elude any missile defense system.”

    Cohen believes the conspiracy theory – which remains front-page news in US media despite being thoroughly discredited, both by independent investigators and last month by special counsel Robert Mueller’s report – is the work of the CIA and its former director, John Brennan, who are dead set against any kind of cooperation with Russia. Attorney General William Barr, who is investigating the FBI over how the 2016 counterintelligence probe began, should take a look at Brennan and his agency, Cohen says.

    If our intelligence services are off the reservation to the point that they can first try to destroy a presidential candidate and then a president…we need to know it,” Cohen says. “This is the worst scandal in American history. It’s the worst, at least, since the Civil War.” And the damage wrought by this “catastrophe” hasn’t stopped at the US border.

    The idea that Trump is a Russian agent has been devastating to “our own institutions, to the presidency, to our electoral system, to Congress, to the American mainstream media, not to mention the damage it's done to American-Russian relations, the damage it has done to the way Russians, both elite Russians and young Russians, look at America today,” Cohen declares. And the potential damage it could still cause is enormous.

    Russiagate is one of the greatest new threats to national security. I have five listed in the book. Russia and China aren't on there. Russiagate is number one.”

     

    © Reuters / Carlo Allegri

     

    https://quantsalus.com/about/


    30.05.2019 | Top 9 US States With the Most Bitcoin ATMs




    Top 9 US States With the Most Bitcoin ATMs. No one can deny the number of Bitcoin ATMs continues to grow by leaps and bounds.  Over 4,700 of these teller machines can be found all over the world, with the vast majority of them located in the United States. The following US States all have the most of these Bitcoin ATMs at the time of writing, although it seems likely to assume there will be some further changes down the line. New Jersey has 177 Bitcoin ATMs It is rather interesting to note how many of these Bitcoin teller machines have made their way to the state of New Jersey. With 177 devices throughout the state, it is evident there is a genuine market in this region for ATM operators to take advantage of. The vast majority of machines are located in Newark, followed by Jersey City. Atlantic City surprisingly just has 1 Bitcoin ATM, which puts it behind Deptford Township and Freehold. There is also plenty of room to deploy additional machines, by the look of things. New York has Over 125 Devices One would expect the US states of New Jersey and New York to compete a bit when it comes to deploying the most Bitcoin ATMs. So far, this battle has not disappointed, albeit there are nearly no ATMs outside of the city of New York at this time. More specifically, there is one machine in Rosedale and 1 in Sunnyside, with the other 127 ATMs all in the New York City area. It is not the most appealing region for cryptocurrency activities either, as local officials have introduced some rather harsh guidelines which companies and service providers need to adhere to. Illinois Surpasses 360 Cryptocurrency ATMs When it comes to identifying the “hot zones” for Bitcoin ATMs, Illinois is a state which cannot be overlooked. Despite 237 of these teller machines being located in the greater Chicago region, it seems there are other places throughout the state where these machines can be found. Naperville, Springfield, Peoria, and Evanston all have multiple cryptocurrency ATMs at this time, which shows there is room for growth in other parts of Illinois as well. It will be interesting to see how this situation evolves in the coming months and years. Texas Sees Merit in Bitcoin Teller Machines Although it would appear there aren’t too many discussions involving Bitcoin and Texas, the local cryptocurrency ATM industry is certainly firing on all cylinders. Over two dozen devices can be found in Austin, Dallas, and Houston. San Antonio houses nearly a dozen Bitcoin ATMs, with Corpus Christi, Amarillo, Fort Worth, and Rockwall all being home to more than one device. It seems all of the major hubs in the state offer exposure to Bitcoin in this regard, which is rather promising for the industry as a whole. Florida Embraces Cryptocurrencies in Full Those who venture a trip to Florida in search of better weather may also try to spot one of the hundreds of Bitcoin ATMs available in the state. Most machines can be found in Miami, followed by Tampa, Orlando, and Jacksonville. Fort Lauderdale, West Palm Beach, Fort Myers, and Miami Beach also have five or more of these teller machines to explore. A healthy rate of growth in this particular state, yet things can always be improved upon moving forward. California Notes Diversified Growth Whereas most US states have a lot of Bitcoin ATMs in a handful of locations, things are a bit different where California is concerned. Los Angeles, San Francisco, San Diego, and Sacramento are the main hubs, as it is to be expected. However, there is at least one Bitcoin ATM in 36 other cities or regions as well, which is rather impressive. While some would expect Fresno and Anaheim to be among the top regions as well, that is not the case at this time. Georgia is Trying to Move up the Rankings In the state of Georgia, cryptocurrency adoption seems to be on the rise in recent months. At least, that is what one would think when looking at the number of Bitcoin ATMs in the state. Atlanta is home to virtually all of them, although Savannah is the only other city housing more than one of those machines. Athens, Augusta, Columbus, Hephzibah, Suwanee, and Trenton all house one device, yet it will be intriguing to see how well they fare in the years ahead. Michigan has Just one Major Hub It is not uncommon for major US cities to be the favorite location to operate a Bitcoin ATM. After all, these bigger cities often see a lot of foot traffic, thus there is plenty of potential exposure for ATM operators. In Michigan, 120 Bitcoin ATMs can be found in Detroit, with the other seven machines distributed in Grand Rapids, Lake Orion, and Lincoln Park. With so much competition in one city, one has to wonder how things will look in a few years from now. That will mainly depend on how mainstream Bitcoin has become by then. Pennsylvania Climbs the Ranks With over 100 Bitcoin teller machines located throughout the state of Pennsylvania, it seems this part of the US is preparing for bigger and better things. Philadelphia, the city of brotherly love, sees a healthy amount of competition among ATM operators. A total of 92 machines are found in this city, which puts it well ahead of Pittsburgh (11), Harrisburg (7) and Allentown (5). Ten other cities all have 1 Bitcoin ATM available to residents and tourists, which shows it is crucial for ATM operators to explore locations in smaller communities as well. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.   Image(s): Shutterstock.com   https://quantsalus.com/rules/...

    Top 9 US States With the Most Bitcoin ATMs.

    No one can deny the number of Bitcoin ATMs continues to grow by leaps and bounds.  Over 4,700 of these teller machines can be found all over the world, with the vast majority of them located in the United States. The following US States all have the most of these Bitcoin ATMs at the time of writing, although it seems likely to assume there will be some further changes down the line.

    New Jersey has 177 Bitcoin ATMs

    It is rather interesting to note how many of these Bitcoin teller machines have made their way to the state of New Jersey. With 177 devices throughout the state, it is evident there is a genuine market in this region for ATM operators to take advantage of. The vast majority of machines are located in Newark, followed by Jersey City. Atlantic City surprisingly just has 1 Bitcoin ATM, which puts it behind Deptford Township and Freehold. There is also plenty of room to deploy additional machines, by the look of things.

    New York has Over 125 Devices

    One would expect the US states of New Jersey and New York to compete a bit when it comes to deploying the most Bitcoin ATMs. So far, this battle has not disappointed, albeit there are nearly no ATMs outside of the city of New York at this time. More specifically, there is one machine in Rosedale and 1 in Sunnyside, with the other 127 ATMs all in the New York City area. It is not the most appealing region for cryptocurrency activities either, as local officials have introduced some rather harsh guidelines which companies and service providers need to adhere to.

    Illinois Surpasses 360 Cryptocurrency ATMs

    When it comes to identifying the “hot zones” for Bitcoin ATMs, Illinois is a state which cannot be overlooked. Despite 237 of these teller machines being located in the greater Chicago region, it seems there are other places throughout the state where these machines can be found. Naperville, Springfield, Peoria, and Evanston all have multiple cryptocurrency ATMs at this time, which shows there is room for growth in other parts of Illinois as well. It will be interesting to see how this situation evolves in the coming months and years.

    Texas Sees Merit in Bitcoin Teller Machines

    Although it would appear there aren’t too many discussions involving Bitcoin and Texas, the local cryptocurrency ATM industry is certainly firing on all cylinders. Over two dozen devices can be found in Austin, Dallas, and Houston. San Antonio houses nearly a dozen Bitcoin ATMs, with Corpus Christi, Amarillo, Fort Worth, and Rockwall all being home to more than one device. It seems all of the major hubs in the state offer exposure to Bitcoin in this regard, which is rather promising for the industry as a whole.

    Florida Embraces Cryptocurrencies in Full

    Those who venture a trip to Florida in search of better weather may also try to spot one of the hundreds of Bitcoin ATMs available in the state. Most machines can be found in Miami, followed by Tampa, Orlando, and Jacksonville. Fort Lauderdale, West Palm Beach, Fort Myers, and Miami Beach also have five or more of these teller machines to explore. A healthy rate of growth in this particular state, yet things can always be improved upon moving forward.

    California Notes Diversified Growth

    Whereas most US states have a lot of Bitcoin ATMs in a handful of locations, things are a bit different where California is concerned. Los Angeles, San Francisco, San Diego, and Sacramento are the main hubs, as it is to be expected. However, there is at least one Bitcoin ATM in 36 other cities or regions as well, which is rather impressive. While some would expect Fresno and Anaheim to be among the top regions as well, that is not the case at this time.

    Georgia is Trying to Move up the Rankings

    In the state of Georgia, cryptocurrency adoption seems to be on the rise in recent months. At least, that is what one would think when looking at the number of Bitcoin ATMs in the state. Atlanta is home to virtually all of them, although Savannah is the only other city housing more than one of those machines. Athens, Augusta, Columbus, Hephzibah, Suwanee, and Trenton all house one device, yet it will be intriguing to see how well they fare in the years ahead.

    Michigan has Just one Major Hub

    It is not uncommon for major US cities to be the favorite location to operate a Bitcoin ATM. After all, these bigger cities often see a lot of foot traffic, thus there is plenty of potential exposure for ATM operators. In Michigan, 120 Bitcoin ATMs can be found in Detroit, with the other seven machines distributed in Grand Rapids, Lake Orion, and Lincoln Park. With so much competition in one city, one has to wonder how things will look in a few years from now. That will mainly depend on how mainstream Bitcoin has become by then.

    Pennsylvania Climbs the Ranks

    With over 100 Bitcoin teller machines located throughout the state of Pennsylvania, it seems this part of the US is preparing for bigger and better things. Philadelphia, the city of brotherly love, sees a healthy amount of competition among ATM operators. A total of 92 machines are found in this city, which puts it well ahead of Pittsburgh (11), Harrisburg (7) and Allentown (5). Ten other cities all have 1 Bitcoin ATM available to residents and tourists, which shows it is crucial for ATM operators to explore locations in smaller communities as well.


    Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.

     

    Image(s): Shutterstock.com

     

    https://quantsalus.com/rules/


    30.05.2019 | Flipboard Finally Resets User Passwords Following Nine-month Breach




    Flipboard Finally Resets User Passwords Following Nine-month Breach. There are a lot of interesting and worrisome developments going on in the technology sector these days. Flipboard, one of the more social mediums in 2019, has forced users to reset their passwords. A rather late decision, considering criminals had access to the company’s servers for multiple months. Flipboard Finally Makes the Right Call Operating and maintaining any social-oriented online platform is a major challenge in this day and age. Every company attempting to do so tends to hit a roadblock or fall victim to a major problem sooner or later. Twitter and Facebook have all weathered their respective storms, yet it seems Flipboard’s problems may only be beginning. The company has suffered a major data breach and took several months to notice and fix the problem. To put this in perspective, it is expected criminals gained access to the Flipboard database several months ago. For reasons unknown, they maintained this access for nearly nine months. As such, it seems safe to assume a lot of user data has been leaked. This includes user names, email addresses, and passwords. No financial information or addresses have been taken, according to the company. For the time being, the company is still actively investigating how many users are affected by this breach. All users have received instructions to reset their password, albeit it seems the damage has already been done. It may give the Flipboard users some peace of mind when everything is said and done, albeit the data breach itself should have never been possible. Any company taking security seriously should be able to avoid such large-scale intrusions. Interestingly enough, it appears Flipboard has not been breached just once, but twice. More specifically, the first breach occurred between June 2018 and March 2019. A second intrusion has been mentioned which took place on April 21st and 22nd of 2019. It is uncertain if the same criminals are behind both intrusions. Assuming that is not the case, one has to wonder what is going on with the platform’s security monitoring. It is evident criminals will continue to target commonly used social platforms for quite some time to come. Not just because those platforms are seemingly relatively easy to breach, but also because their users tend to share a lot of information which would otherwise be difficult to come by. It is one of the downsides of using social media-esque platforms in general, as they blur the lines between personal and public information on a regular basis. For the affected users, it seems not everyone had their password reset at this time. That in itself shows there are still a lot of uncertainties and unknown factors associated with how Flipboard is handling things. Users who created or reset a password prior to March 2012 should have no issues. At the same time, that information is hashed via SHA-1, which is widely deemed to be insecure.   Image(s): Shutterstock.com   https://quantsalus.com/faq/...

    Flipboard Finally Resets User Passwords Following Nine-month Breach.

    There are a lot of interesting and worrisome developments going on in the technology sector these days. Flipboard, one of the more social mediums in 2019, has forced users to reset their passwords. A rather late decision, considering criminals had access to the company’s servers for multiple months.

    Flipboard Finally Makes the Right Call

    Operating and maintaining any social-oriented online platform is a major challenge in this day and age. Every company attempting to do so tends to hit a roadblock or fall victim to a major problem sooner or later. Twitter and Facebook have all weathered their respective storms, yet it seems Flipboard’s problems may only be beginning. The company has suffered a major data breach and took several months to notice and fix the problem.

    To put this in perspective, it is expected criminals gained access to the Flipboard database several months ago. For reasons unknown, they maintained this access for nearly nine months. As such, it seems safe to assume a lot of user data has been leaked. This includes user names, email addresses, and passwords. No financial information or addresses have been taken, according to the company.

    For the time being, the company is still actively investigating how many users are affected by this breach. All users have received instructions to reset their password, albeit it seems the damage has already been done. It may give the Flipboard users some peace of mind when everything is said and done, albeit the data breach itself should have never been possible. Any company taking security seriously should be able to avoid such large-scale intrusions.

    Interestingly enough, it appears Flipboard has not been breached just once, but twice. More specifically, the first breach occurred between June 2018 and March 2019. A second intrusion has been mentioned which took place on April 21st and 22nd of 2019. It is uncertain if the same criminals are behind both intrusions. Assuming that is not the case, one has to wonder what is going on with the platform’s security monitoring.

    It is evident criminals will continue to target commonly used social platforms for quite some time to come. Not just because those platforms are seemingly relatively easy to breach, but also because their users tend to share a lot of information which would otherwise be difficult to come by. It is one of the downsides of using social media-esque platforms in general, as they blur the lines between personal and public information on a regular basis.

    For the affected users, it seems not everyone had their password reset at this time. That in itself shows there are still a lot of uncertainties and unknown factors associated with how Flipboard is handling things. Users who created or reset a password prior to March 2012 should have no issues. At the same time, that information is hashed via SHA-1, which is widely deemed to be insecure.

     

    Image(s): Shutterstock.com

     

    https://quantsalus.com/faq/


    30.05.2019 | Dollar beware: Serbia & Philippines join global gold hunt




    Two more nations, Serbia and the Philippines, have boosted their national gold reserves. They follow a global trend of other central banks accumulating bullion in a move seen as a shift away from the US dollar standard. Belgrade will increase its gold reserves from 20 to 30 tons by the end of this year, according to Serbian media company Vecernje Novosti. It said the country plans to boost its holding to 50 tons by the end of 2020 as a safety measure. Statistics from the National Bank of Serbia show foreign exchange reserves are currently worth €11 billion. The decision to beef up bullion reserves was reportedly made following this month’s meeting of Serbian President Aleksandar Vučić with an IMF delegation. The fund’s representatives told the president they’d approve of Belgrade’s gold-buying if it fits into Serbia’s strategy of increasing foreign exchange reserves. Last Wednesday the Central Bank of the Philippines announced that a law has been passed exempting gold sales by small-scale miners to the bank from excise duties and income taxes. The move was explained as a way to boost the country’s foreign exchange reserves and to prevent smuggling. According to Reuters, small miners have found a way to circumvent taxes introduced back in 2011 by selling gold on the black market. The law entitles them to sell all produced gold to the country’s central bank at world market prices. The Philippines’ gold reserves remained unchanged at roughly 198 tons in both the first quarter of 2019 and the fourth quarter of 2018. Gold accounted for nearly ten percent of the country’s gross international reserves of $83.96 billion at the end of April. Countries across the globe have been stockpiling bullion in an attempt to diversify their foreign reserves away from the US dollar. According to the World Gold Council (WGC) data, overall net buying by central banks has reached its highest level, in terms of first quarter net purchases, since 2013. Purchases surged by 68 percent year-on-year to 145.5 tons, the data showed. he global trend was led by Russia and China. Earlier this month, WGC reported that net purchase of gold by Russia’s Central Bank was the highest in the first quarter of 2019. The country purchased 55.3 tons, bringing its gold reserves to 2,168.3 tons and in the process becoming the world’s largest buyer of the precious metal. At the same time, Moscow dramatically reduced its US Treasury holdings as part of the country’s de-dollarization plans. The world’s sixth-biggest gold holder, China, has acquired 33 tons of gold in the first quarter of this year. India has followed the lead, purchasing 8.2 tons of the yellow metal so far this year. In 2018, the Reserve Bank of India reportedly bought 42.3 tons of gold. The regulator currently holds 608.7 tons of the yellow metal that accounts for about seven percent of the country’s foreign exchange reserves.   © Reuters / Leonhard Foeger   https://quantsalus.com/rules/...

    Two more nations, Serbia and the Philippines, have boosted their national gold reserves. They follow a global trend of other central banks accumulating bullion in a move seen as a shift away from the US dollar standard.

    Belgrade will increase its gold reserves from 20 to 30 tons by the end of this year, according to Serbian media company Vecernje Novosti. It said the country plans to boost its holding to 50 tons by the end of 2020 as a safety measure. Statistics from the National Bank of Serbia show foreign exchange reserves are currently worth €11 billion.

    The decision to beef up bullion reserves was reportedly made following this month’s meeting of Serbian President Aleksandar Vučić with an IMF delegation. The fund’s representatives told the president they’d approve of Belgrade’s gold-buying if it fits into Serbia’s strategy of increasing foreign exchange reserves.

    Last Wednesday the Central Bank of the Philippines announced that a law has been passed exempting gold sales by small-scale miners to the bank from excise duties and income taxes. The move was explained as a way to boost the country’s foreign exchange reserves and to prevent smuggling.

    According to Reuters, small miners have found a way to circumvent taxes introduced back in 2011 by selling gold on the black market. The law entitles them to sell all produced gold to the country’s central bank at world market prices. The Philippines’ gold reserves remained unchanged at roughly 198 tons in both the first quarter of 2019 and the fourth quarter of 2018. Gold accounted for nearly ten percent of the country’s gross international reserves of $83.96 billion at the end of April.

    Countries across the globe have been stockpiling bullion in an attempt to diversify their foreign reserves away from the US dollar.

    According to the World Gold Council (WGC) data, overall net buying by central banks has reached its highest level, in terms of first quarter net purchases, since 2013. Purchases surged by 68 percent year-on-year to 145.5 tons, the data showed.

    he global trend was led by Russia and China. Earlier this month, WGC reported that net purchase of gold by Russia’s Central Bank was the highest in the first quarter of 2019. The country purchased 55.3 tons, bringing its gold reserves to 2,168.3 tons and in the process becoming the world’s largest buyer of the precious metal.

    At the same time, Moscow dramatically reduced its US Treasury holdings as part of the country’s de-dollarization plans. The world’s sixth-biggest gold holder, China, has acquired 33 tons of gold in the first quarter of this year.

    India has followed the lead, purchasing 8.2 tons of the yellow metal so far this year. In 2018, the Reserve Bank of India reportedly bought 42.3 tons of gold. The regulator currently holds 608.7 tons of the yellow metal that accounts for about seven percent of the country’s foreign exchange reserves.

     

    © Reuters / Leonhard Foeger

     

    https://quantsalus.com/rules/


    30.05.2019 | Fall of empire? German businesses find China a more trustworthy partner than US or Britain




    China has managed to outperform the US and the UK in a German ranking of the world’s most reliable trade partners, compiled from the latest survey of 2,000 German companies by Frankfurt-based Commerzbank. Topped by only Germany itself and France, China landed in the third spot in the broad assessment, which focusses on political and economic conditions affecting international trade. The US, ranked fourth, is reportedly far behind its bitter Asian rival in their ongoing trade dispute. The results of the survey –released on Wednesday– shows that the US is followed by Italy, Russia, the UK, Brazil and Turkey when it comes to cross-border trade. The US trade credibility is reportedly being undermined by the stance adopted at the White House since Donald Trump became president. Most of the US trading partners consider its trading policies as manifestations of protectionism. Nearly 70 percent of German corporations with a physical presence in the US, and 64 percent of exporters to the country, expressed deep concerns that Washington’s foreign and trade policies would have a negative impact on business. Since taking office in 2017, President Trump, whose main election promise was to make America great again, has broken a wide range of international trade deals the US was involved in. These included the Trans-Pacific Partnership (TPP), the Transatlantic Trade and Investment Partnership (TTIP) and the longstanding trilateral North American Free Trade Agreement (NAFTA). Moreover, the Trump administration introduced steel and aluminum tariffs against imports from a vast number of countries, including Canada, Mexico, the European Union, China, Russia, India, Japan and Turkey. Apart from that, the White House launched a fierce trade war against China, accusing Beijing of unfair trading practices and intellectual property theft. When it comes to Britain, the key factor behind its declining trade credibility is the country's potential exit from the European Union. Brexit uncertainty has triggered fears among the country’s international partners over the potential impact on their businesses and Germany is no exception. More than 80 percent of the surveyed companies with a branch or office location in the UK, and 60 percent of exporters to the country, fear that Brexit would hurt their interests. Among 115 German companies thinking of relocating their production facilities overseas, 31 percent are reportedly eyeing China, compared to 11 percent considering a move to southeast Asian countries, and nine percent to the US.   A cleaner in front of the Lincoln Memorial in Washington, D.C. © Reuters / Clodagh Kilcoyne   https://quantsalus.com/about/...

    China has managed to outperform the US and the UK in a German ranking of the world’s most reliable trade partners, compiled from the latest survey of 2,000 German companies by Frankfurt-based Commerzbank.

    Topped by only Germany itself and France, China landed in the third spot in the broad assessment, which focusses on political and economic conditions affecting international trade. The US, ranked fourth, is reportedly far behind its bitter Asian rival in their ongoing trade dispute.

    The results of the survey –released on Wednesday– shows that the US is followed by Italy, Russia, the UK, Brazil and Turkey when it comes to cross-border trade. The US trade credibility is reportedly being undermined by the stance adopted at the White House since Donald Trump became president. Most of the US trading partners consider its trading policies as manifestations of protectionism.

    Nearly 70 percent of German corporations with a physical presence in the US, and 64 percent of exporters to the country, expressed deep concerns that Washington’s foreign and trade policies would have a negative impact on business.

    Since taking office in 2017, President Trump, whose main election promise was to make America great again, has broken a wide range of international trade deals the US was involved in. These included the Trans-Pacific Partnership (TPP), the Transatlantic Trade and Investment Partnership (TTIP) and the longstanding trilateral North American Free Trade Agreement (NAFTA).

    Moreover, the Trump administration introduced steel and aluminum tariffs against imports from a vast number of countries, including Canada, Mexico, the European Union, China, Russia, India, Japan and Turkey.

    Apart from that, the White House launched a fierce trade war against China, accusing Beijing of unfair trading practices and intellectual property theft.

    When it comes to Britain, the key factor behind its declining trade credibility is the country's potential exit from the European Union. Brexit uncertainty has triggered fears among the country’s international partners over the potential impact on their businesses and Germany is no exception. More than 80 percent of the surveyed companies with a branch or office location in the UK, and 60 percent of exporters to the country, fear that Brexit would hurt their interests.

    Among 115 German companies thinking of relocating their production facilities overseas, 31 percent are reportedly eyeing China, compared to 11 percent considering a move to southeast Asian countries, and nine percent to the US.

     

    A cleaner in front of the Lincoln Memorial in Washington, D.C. © Reuters / Clodagh Kilcoyne

     

    https://quantsalus.com/about/


    29.05.2019 | 'Case closed!' Trump tweets nothing's changed as resigned Mueller says charging him w




    President Donald Trump has said that “nothing changes,” following Special Counsel Robert Mueller’s public statement on the ‘Russiagate’ investigation. The president declared that “the case is closed.” “Nothing changes from the Mueller Report,” Trump tweeted on Wednesday. “There was insufficient evidence and therefore, in our Country, a person is innocent. The case is closed! Thank you.” Trump’s tweet came after Mueller made his first public statement since releasing his final report almost two months ago. The Special Counsel formally closed his office, and announced he would make no further statements on the investigation. The written report, he said, “speaks for itself.” Mueller’s final report found no evidence that Trump colluded with Russia in the runup to the 2016 election, and insufficient evidence that the president then obstructed his investigation. Mueller did, however, state that he had not determined that obstruction did not take place, but declined to charge the president with a crime, as that move would be “unconstitutional.” Congressional Democrats have accused Attorney General William Barr of making unnecessary redactions to the 400-page report in an effort to protect Trump. Mueller dismissed these accusations on Wednesday, saying Barr has already “made the report on our investigation largely public." Mueller also said that he would give no testimony to Congress “beyond that which is already public.” Previously, House Judiciary Committee chair Rep. Jerry Nadler (D-New York) had expressed a desire to question Mueller about the report, saying last week that the special counsel would “probably” testify in private to the committee, and earlier threatening to subpoena Mueller if necessary. Trump has accused Nadler and the 23 other Democrats on the committee of trying to hold a “do over” of the Mueller investigation, and has repeatedly stated that the report found “no collusion” and “no obstruction.” Meanwhile, some Democrats have taken Mueller’s insistence on not prosecuting Trump as a cue to bring their own charges, including impeachment proceedings, against the president.   Donald Trump and Robert Mueller © Reuters / Jonathan Ernst and Jim Bourg   https://quantsalus.com/about/...

    President Donald Trump has said that “nothing changes,” following Special Counsel Robert Mueller’s public statement on the ‘Russiagate’ investigation. The president declared that “the case is closed.”

    “Nothing changes from the Mueller Report,” Trump tweeted on Wednesday. “There was insufficient evidence and therefore, in our Country, a person is innocent. The case is closed! Thank you.”

    Trump’s tweet came after Mueller made his first public statement since releasing his final report almost two months ago. The Special Counsel formally closed his office, and announced he would make no further statements on the investigation. The written report, he said, “speaks for itself.”

    Mueller’s final report found no evidence that Trump colluded with Russia in the runup to the 2016 election, and insufficient evidence that the president then obstructed his investigation. Mueller did, however, state that he had not determined that obstruction did not take place, but declined to charge the president with a crime, as that move would be “unconstitutional.”

    Congressional Democrats have accused Attorney General William Barr of making unnecessary redactions to the 400-page report in an effort to protect Trump. Mueller dismissed these accusations on Wednesday, saying Barr has already “made the report on our investigation largely public."

    Mueller also said that he would give no testimony to Congress “beyond that which is already public.”

    Previously, House Judiciary Committee chair Rep. Jerry Nadler (D-New York) had expressed a desire to question Mueller about the report, saying last week that the special counsel would “probably” testify in private to the committee, and earlier threatening to subpoena Mueller if necessary.

    Trump has accused Nadler and the 23 other Democrats on the committee of trying to hold a “do over” of the Mueller investigation, and has repeatedly stated that the report found “no collusion” and “no obstruction.”

    Meanwhile, some Democrats have taken Mueller’s insistence on not prosecuting Trump as a cue to bring their own charges, including impeachment proceedings, against the president.

     

    Donald Trump and Robert Mueller © Reuters / Jonathan Ernst and Jim Bourg

     

    https://quantsalus.com/about/


    29.05.2019 | Top 8 Decentralized Exchanges in 2019




    In the cryptocurrency world, there are many different ways to obtain and trade cryptocurrencies. As more time progresses, there is a growing focus on decentralized exchanges and trading platforms. It would appear the following companies are making a meaningful impact in this regard. Despite the growing popularity, users are still advised to conduct their own research first and foremost. IDEX Focuses on ERC20 Tokens It is not entirely abnormal to see most of the decentralized exchanges focus on tokens and assets which are not always available on major exchanges. The ERC20 token industry has grown by leaps and bounds in recent years, yet most of the tokens can still not be traded outside of DEXes. As far as IDEX is concerned, the platform is trying to list as many tokens as possible, which can be traded against Ethereum. So far, it has not generated the highest trading volume by any means, but it would appear some of its pairs are hitting $100,000 in daily trading volume without too many problems. The platform does seem to require some personal information from users who want to sign up. Waves DEX is More Mainstream It may take quite some time until all of the decentralized exchanges and trading platforms generate sufficient trading volume to remain relevant. In the case of Waves DEX, the overall volume is still rather low. Considering how the WAVES/BTC pair generated most of the volume, it is evident the rest of the markets are not too popular just yet. Surprisingly, the platform allows users to trade major currencies for Bitcoin, Ethereum, Waves, Euro, and US Dollars. An interesting collection to start with, albeit there is still a lot of work to be done. The desktop client will undoubtedly be of great interest to a lot of users. Kyber Network Inches Higher When looking at the Kyber Network trading platform, it quickly becomes apparent trading any of the supported currencies against Ethereum is the main bread and butter. Its most popular pair is DAI/ETH, as it is the only one which generates over $100,00 in daily volume. Users who are not necessarily interested in trading can also become a liquidity provider, which could be worth checking out. With support for hardware wallets as well, Kyber Network is trying to inch ahead of the competition. EtherDelta / ForkDelta Most cryptocurrency users are all too familiar with the EtherDelta platform. It is one of the more popular decentralized exchanges, although its focus still lies on just Ethereum and ERC20 tokens. For novice users, this platform might not be ideal, as it is a bit rough around the edges. Additionally, its overall liquidity is still on the low side of the spectrum. The forked version of this platform, known as ForkDelta, generates even less volume and supports very few coins at this time. CryptoBridge Offers Multiple Masternode Coins It is always interesting to see how different decentralized exchanges try to differentiate themselves. That is easier said than done in this day and age. For CryptoBridge, its listing of masternode coins has made it popular, albeit it seems the overall trading volume is dropping off quite regularly. Most currencies can be traded against Bitcoin, although users still need to deposit their funds. The signup process is rather straightforward, and it is still a worthwhile DEX to look at for both novice and advanced traders. TRX Market is Still Relatively new Many people were somewhat surprised to learn Tron has its own decentralized trading platform, known as TRX Market. It does not stand out yet in the world of decentralized exchanges, albeit it is not necessarily a problem at this time. Just two official markets are available, although there are dozens of “unverified” markets as well. Its overall trading volume still needs some work, but the addition of these extra markets should allow for interesting changes to occur in the coming months and years. EthFinex Starts to Move up When it comes to high-performance decentralized trading platforms, EthFinex may have a leg up over some of its competitors. It is convenient to use, offers basic trading indicators, and focuses on ERC20 tokens. Users are not required to sign up or deposit tokens, as everything can be done from one’s compatible wallet. Being able to retain funds at all times is something more decentralized exchanges should offer at this time. In terms of trading volume, it seems EthFinex is leading the pack, although the competition will continue to step up its game as well. Binance DEX Needs to Meet High Expectations Whereas all of the platforms above have built up some sort of reputation, there is a good chance they will all be trumped by Binance DEX in the very near future. This platform has tremendous expectations to live up to, although it may take a while until that effectively happens. Considering how the project has the backing of the Binance team, there are a lot of potential developments to look forward to. So far, it seems the number of trading markets remains limited, but one never knows how things may look later in 2019. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.   Image(s): Shutterstock.com   https://quantsalus.com/rules/ ...

    In the cryptocurrency world, there are many different ways to obtain and trade cryptocurrencies. As more time progresses, there is a growing focus on decentralized exchanges and trading platforms. It would appear the following companies are making a meaningful impact in this regard. Despite the growing popularity, users are still advised to conduct their own research first and foremost.

    IDEX Focuses on ERC20 Tokens

    It is not entirely abnormal to see most of the decentralized exchanges focus on tokens and assets which are not always available on major exchanges. The ERC20 token industry has grown by leaps and bounds in recent years, yet most of the tokens can still not be traded outside of DEXes. As far as IDEX is concerned, the platform is trying to list as many tokens as possible, which can be traded against Ethereum. So far, it has not generated the highest trading volume by any means, but it would appear some of its pairs are hitting $100,000 in daily trading volume without too many problems. The platform does seem to require some personal information from users who want to sign up.

    Waves DEX is More Mainstream

    It may take quite some time until all of the decentralized exchanges and trading platforms generate sufficient trading volume to remain relevant. In the case of Waves DEX, the overall volume is still rather low. Considering how the WAVES/BTC pair generated most of the volume, it is evident the rest of the markets are not too popular just yet. Surprisingly, the platform allows users to trade major currencies for Bitcoin, Ethereum, Waves, Euro, and US Dollars. An interesting collection to start with, albeit there is still a lot of work to be done. The desktop client will undoubtedly be of great interest to a lot of users.

    Kyber Network Inches Higher

    When looking at the Kyber Network trading platform, it quickly becomes apparent trading any of the supported currencies against Ethereum is the main bread and butter. Its most popular pair is DAI/ETH, as it is the only one which generates over $100,00 in daily volume. Users who are not necessarily interested in trading can also become a liquidity provider, which could be worth checking out. With support for hardware wallets as well, Kyber Network is trying to inch ahead of the competition.

    EtherDelta / ForkDelta

    Most cryptocurrency users are all too familiar with the EtherDelta platform. It is one of the more popular decentralized exchanges, although its focus still lies on just Ethereum and ERC20 tokens. For novice users, this platform might not be ideal, as it is a bit rough around the edges. Additionally, its overall liquidity is still on the low side of the spectrum. The forked version of this platform, known as ForkDelta, generates even less volume and supports very few coins at this time.

    CryptoBridge Offers Multiple Masternode Coins

    It is always interesting to see how different decentralized exchanges try to differentiate themselves. That is easier said than done in this day and age. For CryptoBridge, its listing of masternode coins has made it popular, albeit it seems the overall trading volume is dropping off quite regularly. Most currencies can be traded against Bitcoin, although users still need to deposit their funds. The signup process is rather straightforward, and it is still a worthwhile DEX to look at for both novice and advanced traders.

    TRX Market is Still Relatively new

    Many people were somewhat surprised to learn Tron has its own decentralized trading platform, known as TRX Market. It does not stand out yet in the world of decentralized exchanges, albeit it is not necessarily a problem at this time. Just two official markets are available, although there are dozens of “unverified” markets as well. Its overall trading volume still needs some work, but the addition of these extra markets should allow for interesting changes to occur in the coming months and years.

    EthFinex Starts to Move up

    When it comes to high-performance decentralized trading platforms, EthFinex may have a leg up over some of its competitors. It is convenient to use, offers basic trading indicators, and focuses on ERC20 tokens. Users are not required to sign up or deposit tokens, as everything can be done from one’s compatible wallet. Being able to retain funds at all times is something more decentralized exchanges should offer at this time. In terms of trading volume, it seems EthFinex is leading the pack, although the competition will continue to step up its game as well.

    Binance DEX Needs to Meet High Expectations

    Whereas all of the platforms above have built up some sort of reputation, there is a good chance they will all be trumped by Binance DEX in the very near future. This platform has tremendous expectations to live up to, although it may take a while until that effectively happens. Considering how the project has the backing of the Binance team, there are a lot of potential developments to look forward to. So far, it seems the number of trading markets remains limited, but one never knows how things may look later in 2019.


    Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.

     

    Image(s): Shutterstock.com

     

    https://quantsalus.com/rules/



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