Tag Archives: Blockchain

Introducing MARKETHIVE TV – Now LIVE on ROKU and AMAZON FIRE TV

Introducing MARKETHIVE TV – Now LIVE on ROKU and AMAZON FIRE TV

In the last week of July 2020, Markethive TV launched and is now live on Roku TV and Amazon Fire TV which is just one of many joint ventures Markethive.com, the Social Market Network is working on collaboratively with the facilitator, Greg Hoyt, a significant investor in Markethive. 
 
This is a great opportunity for the continued growth of Markethive as more people are cutting the cord and canceling their subscriptions to cable and satellite TV. As of March 13, 2020, Roku TV has 39.8 million active users, while Amazon Fire TV has just surpassed 40 million. This by enlarge is because, while Roku has been popular in the USA, Amazon Fire TV sticks have shipped globally. These numbers are increasing in light of the pandemic as more people are at home either streaming for entertainment or looking for opportunities to work from home to replace the income they may have lost. 

What does this mean for Markethive? Through the Markethive TV portal with its valuable content means more people on a medium other than social media and advertising platforms, has exposure to Markethive, so it’s a whole new market being introduced to the Markethive social market platform, for entrepreneurs, artists, crypto enthusiasts, hobbyists, in fact, anyone looking to share and be part of an online community. 

 

Current And Future Programming On Markethive TV 

Currently, the Markethive TV channel consists of numerous videos, historic in nature, dating back to its inception and a great way to learn about Markethive, its mission, and values along with the all-encompassing platform that is the next generation in social media, automated inbound marketing, digital media broadcasting, ecommerce and a very accessible platform that drives a newly defined cottage industry in the online marketing world run by the community and tailored for the community. 

The direction in which Markethive TV plans to go would be the development of a live segment on the channel of interviews with industry experts about topics relevant to Markethive, Blockchain, Cryptocurrency, and anything that would be of interest to Markethive subscribers, along with educational and up to date news stories. 

Ultimately there would be a host or even multiple hosts for the different interests and topics that will allow Markethive TV to bring interesting and valuable information to the viewers. A very important component is the ability for all Markethivers to contribute to the channel, by supporting, viewing, and positively rating it.

Accelerating Markethive’s Growth And Ultimate Goals 

Markethive TV will help accelerate the growth of Markethive, the social market network platform and realize its goals including economic growth for its ILP holders. Furthermore, to expand and implement a globally distributed system with its mining hives creating a decentralized force that cannot be shut down resulting in a safe and secure haven for the Markethive community.  

When people realize that there is an organization, culture, and system that will give them what they need to be able to achieve financial sovereignty such as Markethive, (meaning we are not dependent upon governments or financial structures that oppress communities and Society in general), Markethive’s growth will be exponential and lead us to 1000’s of hybrid hive farms cultivating Medicinal Marijuana and producing or mining coins. 


 
The Architecture Of The Mining Hives

A simple explanation from CEO and Founder of Markethive, Thomas Prendergast explaining how Markethive will become an untouchable force; 

A server and farm at the bottom of the building, the second story is a greenhouse. The greenhouse is producing electricity to feed the servers below. The servers are producing the heat which in turn produces coin and at the core of all that is our Quantum dWave computer as one of the many decentralized database systems that are operated, controlled and protected by the blockchain of our wallet, meaning Markethives presence will be in every nook and cranny in the world and we will be spread out and decentralized along with many projects that will inspire and improve the world. 

Initially, 3 Data centers will work in conjunction with our wallet on the blockchain and will be part of managing our distributed database. Eventually, Markethive will have 10,000+ data centers spread out globally in our mining hive facilities so the entire system will run off the closest data center to you but all interconnected, all updating themselves and all managed by blockchain. This is a substantial technological advancement with no other company doing it presently. 

In a recent interview with Greg Hoyt, who is heading the Markethive TV venture, expressed,

“ My primary desire for Markethive TV is to expose as many people from all around the world as possible to Markethive and bring them into the fold so that they may take this journey with us. They may be people who don’t even realize yet that they want to be entrepreneurs, like people looking to quit their job or find themselves in a position where they need to find a reliable platform online that will help them produce an income.

We are in a rudimentary stage of development at this stage, but as we move forward, with new valuable content, live interviews, etc, anybody who comes across the channel will have the ability to join us at Markethive. The sky's the limit. For now, if we could get everyone in Markethive to tune in and rate our channel, will be a huge step forward.”

Cutting The Cord From Cable And Satellite TV 

Numbers are continually increasing of people purchasing a streaming device and subscribing to a streaming service rather than pay for cable TV. Labeled cord-cutting, and once seen as a revolutionary shift, has become commonplace. The top reasons for an OTT media service are to gain access to original programming (57%) and avoiding advertising (44%). 

The cord-cutting revolution isn’t slowing down anytime soon, in fact, it’s gaining traction with older audiences as 28% of consumers over 50 years old don’t pay for traditional TV service, and 61% get TV content from online sources, which is up more than 27% in two years. The proportion of Internet users watching videos online has grown from 45 percent in 2013 to 70 percent in 2017, and now 90% of consumers are tapping into their preferred content over the internet and unleashing their power of choice.

Apple TV (which launched November 1st, 2019 worldwide) and Google Chromecast are two more streaming services and are in the sights of Greg Hoyt with the potential to add the Markethive TV channel in the future. As more and more people move over from cable to streaming services, this puts Markethive TV right at the forefront of what’s happening in the industry. 

Basic Thru To High-End Streaming Devices Available 

Roku has been around for years and one of the first heavily advertised streaming devices that keep reappearing every year as one of the dominant ways to cut the cord. Roku Express is rated as the best for beginners and with fast, HD streaming, not 4K, which is excellent for lower bandwidth or slower WiFi internet services.

Roku Ultra streaming media player is America’s #1 streaming platform, based on hours streamed. The most powerful and feature-packed media player that streams HD/4K/HDR
Ultimate connectivity with dual-band wireless and an ethernet port. Voice remote with buttons for TV power and volume. Plus, lost remote finder and a headphone jack for private listening with included premium JBL headphones.
 
Amazon Fire TV Stick is another basic device for beginners, It’s simple to set up with a quad-core processor,  as well as 8 GB of storage and 1 GB of memory for apps and games that allows for fast streaming. 

The latest device from Amazon is the Fire TV Stick 4K which has Alexa built-in including voice remote, Ultra HD, and Dolby Vision. According to Amazon, it is the most powerful Ultra 4K streaming stick they make. You will need a faster level of bandwidth and WiFi to support HD picture quality.

Google Chromecast is a cheap and easy way to stream video content right to your TV and also enables you to share your phone or laptop's screen directly onto your TV. With a Chromecast, you have a fast path to bring Netflix, YouTube, Hulu, and many more services straight to the biggest screen in your house. 

Apple TV, very powerful, but pricey has 4K and HD boxes that feature the latest technology. creating a crisper picture using four times more pixels than a standard HD along with Dolby Atmos sound, along with 32GB of storage. 

The more hi-end streaming devices are the Fire TV Cube, Apple TV, and Google Chromecast Ultra with all the characteristics of the Roku Ultra and Amazon Fire Stick 4K and then some but are almost double in price. Depending on your requirements, the basic devices are often enough for the average user.

The Difference Between Paid Subscription Streaming Services and Devices

Netflix and Amazon Prime TV among many others are a more commercial, mainstream service where you can access movies and popular shows based around entertainment. The hardware like the Roku Express and Amazon Fire Stick are the devices that give you access to these streaming services and are a one-time purchase. As long as you have a wi-fi connection, you can browse the internet and have access to other video streaming apps. You do not need a paid service like Amazon Prime to use the Fire Stick.

What’s The Next Step? 

To access Markethive TV, you'll need to get the app devices (sticks), which you can get online from Amazon, Walmart, or the type of stores that specializes in electronics. Also, Greg Hoyt has created a banner ad where you can order the Roku or Fire Stick devices, so click on the banner at the bottom to order yours. Each app requires its own device. Notably, with Amazon Fire TV, you may need to search for Markethive TV under "APPS" rather than in the regular TV & movie sections.

To help bring Markethive TV into the limelight we would like as many Markethive entrepreneurs as possible to participate in promoting the channel in the Markethive newsfeed to create momentum so that the 1000’s of new members joining every day are aware of this venture. 

Then, go to Markethive TV on Roku or Amazon Fire TV (or both) and rate the channel after watching about 10 minutes of the content. The more consistent viewers and ratings the Markethive TV channel receives and the greater the audience gives a better chance of Markethive TV being displayed on a viewer’s TV screen as opposed to having to search for the channel to view it. 

One of many Markethivers who rated Markethive TV had this to say,

“I loaded it on my Firestick today. The videos look great in true HD. Gave the app 5 stars on Amazon, and then some. Thanks for all the hard work on the app. Very well done.”

As Greg says,

“The timing coincides nicely with the efforts of Thomas and the rest of the team, as Markethive continues its strong growth, along with the remarkable Alexa Ranking, Markethive TV will be adding to that momentum.”

Conclusion

Markethive, delivering a blockchain-driven Market Network for Entrepreneurs with a cryptocurrency ecosystem, integrated with an inbound marketing tools platform, multiple ecommerce tool platforms with blog broadcasting from members and staff writers delivering the latest news, insights, and analysis from 100,000s of bloggers and journalists from many industries. Now we have Markethive TV live on Roku and Amazon Fire streaming networks on a mission to deliver Markethive to a new level and market, creating an even more widespread reach illuminating the platform that has been built for the people, by the people, and of the people. 

 

 

 

Deb Williams
A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept, and move forward with enthusiasm to achieve their goals. 

 

 

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Cointelegraph Talks Recap: Blockchain Giving Power to the LGBTQ+ People

Cointelegraph Talks Recap: Blockchain Giving Power to the LGBTQ+ People

Seven experts from different institutions and organizations discussed topics relating to diversity, inclusion, challenges and opportunities for LGBTQ+ with Cointelegraph.

Yesterday, Cointelegraph hosted another episode of “CT Talks,” dedicated to Pride Month and addressing important questions on diversity,

inclusion, stigmatization, acceptance, challenges and opportunities for the LGBTQ+ community in the crypto and blockchain space.For many people — mostly heterosexuals — the terms “blockchain” and “LGBTQ+” used so close together might seem irrelevant. For those who are a part of the community, as I am, it is perfectly natural to raise this topic within the space, combining these discourses.Emerging technologies such as crypto, blockchain, AI and big data have already made an enormous impact on people all over the world, and the LGBTQ+ community is no exception. There are myriad potential benefits that these technologies can bring to the community, and we are still only at the early stages of its implementation. I personally believe that a lot of great things will appear in the near future.Speaking on one of the benefits, Joe DiPasquale, CEO of BitBull Capital and co-founder and director at StartOut, underlined the positive impact of privacy and anonymity that crypto and blockchain

provides to the space:

“There is a lot of excitement about blockchain and crypto and how it could impact society. […] The thing is that blockchain and crypto truly brings in though is also true privacy. […] I guess for fundraising or raising money online, that’s obviously a major impact for crypto. And you can do it in a truly anonymous way.”

Christopher Wood, the co-founder and executive director at LGBT Tech, spoke about the LGBTQ+ community and how it can help in terms of adoption and

implementation:

“The LGBTQ+ community has always been an early adopter of technology because of the fact it could create an opportunity for the community, for us, for people who were really isolated or felt that they were alone. […] Newer technologies allow our community to put money where their month is, to go ahead and support causes they really care about.”

Susan Oh, the founder and CEO at Muckr.AI, while speaking about technology highlighted that blockchain possess a great philosophy behind it that brings value

to the tech:

“The most important thing to understand about the technology is that it can only amplify the philosophy. […] There are great opportunities to democratize value. […] We get to look at the value by its utility, by how it serves us. And we can do it peer-to-peer. It’s a beautiful philosophy.”

Christof Wittig, the co-founder and CEO of Hornet, stressed the criticality of blockchain and other emerging technologies in countries that still have homophobic laws. In those countries, LGBTQ+ people rely on anonymity and community support to navigate their everyday lives under an authority that discriminates against them.

He also said:

“There is still a lot of discrimination within the United States and Western countries, we are not there yet for everyone, and there is still a lot to do. Everyone who thinks otherwise is either very insular in their thinking […] and doesn’t know about people of color, underprivileged people, positive people. […] And then of course we have 72 countries that criminalize LGBT.”

The second part of the panel addressed — among other things — probably one the most important topics for the 21st century: health, with a focus on HIV/AIDS and COVID-19. Answering on whether blockchain tech could help humanity fight different diseases, Dr. Jane Thomason, chief inspiration officer at Fintech.TV and former

CEO at Fintech Worldwide, stated:

“Yes, yes and yes! And if there is one benefit of the COVID-19 pandemic that I see is that it’s forced some of those legacy curtains in the health system to start opening up, as people have been much more willing to accept technology to help, to try and solve some of the issues of the pandemic.”

Erik Lamontagne, a senior economist at UNAIDS, underlined that we are still at the very beginning of technological development in blockchain, and there will be a lot of new discoveries in the field.

He said:

“Just think how it was less than 10 years ago when there was an emerging epidemic in a village, in a remote place in a country in Africa or Latin America, for example. […] This technology [DLT] enables us to move almost as quickly as epidemics are moving. And this is fantastic! This is one of the opportunities.”

Sean Howell, the chair at Tech4HIV and CEO at LGBT Foundation, highlighted the issue of stigmatization of HIV-positive people and the lack of accessibility to HIV tests in many regions. This can be solved via e-commerce on a blockchain for selling cheap and high-quality tests while preserving people’s privacy, as enabled by the immutability and privacy of

distributed ledger technology:

“In places that have high epidemics face high stigma. […] These are places that have high HIV and it’s almost impossible to go and get a HIV test — either they are simply not offered or you don’t want to disclose that you have sex with men or you being HIV-positive [as it] would be associated with being gay.”

Indeed, our problems cannot be solved with technology, whether it’s blockchain, crypto or something else. Technology itself is very inclusive and doesn’t hold any prejudices, stereotypes or unacceptance of its own. It’s people that have those things. We have to first change our own attitudes in order to work toward a better world and teach ourselves how to be more tolerant, more open-minded and more inclusive to all kinds of diversity. Blockchain will be a great tool in our fight for equality and social justice for everyone. Cointelegraph Talks is a series of online meetups where crypto and blockchain experts discuss challengi ng topics in the space. Keep posted for new episodes on Cointelegraph YouTube.

Article Produced By
Max Yakubowski

Max Yakubowski is the opinion editor at Cointelegraph. He has a Master of Arts in linguistics and social anthropology and is passionate about innovative technology and its cultural and social influence as well as discursive representations. Prior to Cointelegraph, he worked as an academic curriculum developer and researcher at various educational organizations and institutions.

https://cointelegraph.com/news/cointelegraph-talks-recap-blockchain-giving-power-to-the-lgbtq-people

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How Billion-Dollar Crypto Scams Lure Victims

How Billion-Dollar Crypto Scams Lure Victims

In the past week, reports emerged that some key members of the Onecoin scam were found dead in Mexico.

According to reports, the two Oscar Brito Ibarra and Ignacio Ibarra may have been kidnapped and murdered but the motives behind their murder are unclear.

Onecoin is one of the biggest cryptocurrency Ponzi schemes that creamed off billions from victims even as reports emerged that it was a scam. News.Bitcoin.com has extensively covered the story of Onecoin.

While increasing awareness about cryptocurrencies helps to reduce the chances of people falling for scams, it seems this alone may not be enough.

Sophisticated criminals are still able to package scams that will deceive even the smartest investors or individuals that should “know better.”

Besides Onecoin, there a few more crypto scams that took billions from victims. This article looks at some of the biggest crypto Ponzi schemes and how they lured millions without getting caught.

 

Billion-dollar crypto scams

In 2019 authorities in China apprehended individuals behind Plus Token as they took down one of the biggest crypto Ponzi schemes seen in Asia yet. Reports in the Chinese media suggest Plus Token promoters may have defrauded as much as $3 billion from unsuspecting investors.

A blockchain analysis firm, Chainalysis corroborates the media reports although it settles for $2 billion as the total amount stolen. Chainalysis claims it tracked a total of about 180,000 bitcoin, 6,400,000 ethereum, 111,000 tether, and 53 omisego.

Either figure still makes Plus Token one of the biggest crypto scam to date. Although the Ponzi outfit exit scammed, some of the stolen funds are still stationed in wallets associated with the scheme, presumably waiting to be cashed out.

In June, reports surfaced that funds associated with Plus Token were moving to exchanges.

Another billion-dollar scam that stole funds from investors is Bitconnect. It is said that in just over a year, the scam had managed to propel itself from an obscure ICO to a crypto project valued at $2.6 billion.

Despite this, Bitconnect still had content with the ignominy of being labeled a scam even at its heyday. Still, promoters undeterred went on to create a media platform to counter negative stories that were circulating.

Finally, after facing relentless media scrutiny as well as growing pressure from regulators, Bitconnect abruptly shut down in January 2018. It blamed the “bad press” for its troubles. Investors lost savings.

 

Common methods used by scammers

The three billion dollar scams used methods commonly employed by typical large scale Ponzi schemes. Firstly, criminals prey on two inherent human flaws, greed, and lust for “easy” money.

For example, Bitconnect managed to keep new investors coming on board because it promised a rate of return of 0.25% per day.

While this promise might look surreal, it is also true that investors like “passive incomes” that reward with a high return on equity. Many did join and became affiliates of Bitconnect.

Ordinarily, a potential investor must conduct a due diligence exercise and the necessary research before committing to investing.

So while it may seem logical to invest in something that one understands, the reality is scammers count on people not doing any research.

Scammers know that the promise of a “significant return” is enough to attract hordes of new investors. Logic is usually sacrificed.

 

In-person meetups and crypto education campaigns

Meanwhile, the Plus Token scam, which also used similar tactics to seduce millions of unsuspecting investors, went a step further.

According to a report by Chainalysis, the scam’s ringleaders went the extra mile in their efforts to portray the scam as a legitimate investment business.

For example, Plus Token hosted several in-person meet-ups educating attendees on the company and cryptocurrency as a whole. It also took out ads in supermarkets and other physical spaces.

The Plus Token app itself was another marketing channel.

Perhaps the most brazen act by one member of the Plus Token team has to be the use of photos that feature Prince Charles of England, to bolster the public perception of the scam.

The use of prominent figures is indeed a growing tactic used by other scammers to woo new investors. The recent Twitter donation scam used a tactic known as trust trading to steal funds from unsuspecting individuals.

Supporting the notion that scammers prey on the lure of “high returns and zero risks” is Dmytro Volkov, CTO at CEX.io.

The lure of exceptionally high returns is enough to make investors ignore any negative reports about an investment opportunity they may have heard. In fact, it matters little that the organization in question has been flagged by regulators. As long as it promises big, investors will not be concerned.

Volkov gives an example of Onecoin which appears to be active despite the high profile arrests and court cases that made global headlines.

“Sometimes people even take risks deliberately, despite realizing that there is a danger of dealing with scammers. This is because the potential profit, as they see it, is worth it,” Volkov points out.

 

Aggressive recruitment of new affiliates

Multilevel marketing (MLM) is another strategy that is common with the three giant Ponzi schemes.

Marketers will shill the business opportunity and aggressively recruit new affiliates. Lies and misrepresentations are employed to entice investors to join. Social media channels are also used to recruit new affiliates.

Incoming affiliates are heavily encouraged to recruit soft targets like friends or family members.

That is how Aniekan Fyneface, crypto, and blockchain blogger from Nigeria, joined an infamous Ponzi scheme. Fyneface says he lost all his investment when the MMM Ponzi scheme collapsed in Nigeria.

Fyneface explains that in times of economic recessions, Ponzi schemes such as MMM and Onecoin were seen as legitimate income sources by many Nigerians. This perhaps explains the high number of people that still join Ponzi scams in that country.

However, Fyneface is also convinced that greed is a factor.

 

Associating legitimate cryptos with scams

In the meantime, Fyneface reveals another tactic employed by MMM scammers to lure unsuspecting victims.

“It is important to note that as bad as MMM was in Nigeria, it gave me and many Nigerians our first exposure to bitcoin. People were able to provide help with not only the Nigeria Naira but they could this with bitcoin which is denominated in US dollars,” explains Fyneface.

Associating scams with financial innovations helps to mask any telltale signs that might give away the con. MMM’s association with bitcoin helped to keep the scam going much longer.

Unless investors start learning these common tactics there will be no shortage of new scam victims.

What other methods do scammers use to lure new victims? Tell us your views in the comments section below.

 

Written by Terence Zimwara

https://news.bitcoin.com/how-billion-dollar-crypto-scams-lure-victims/

 

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Cardano (ADA) parent is making beef steaks more sustainable with blockchain

Cardano (ADA) parent is making beef steaks more sustainable with blockchain

Cardano (ADA) parent IOHK announced a partnership yesterday with Wyoming-based BeefChain. The firms will build a solution for the traceability and security of beef products.

Tracing beef with blockchain

Jerry Fragiskatos, the chief commercial officer at IOHK, announced the partnership at the Cardano virtual conference held Wednesday. He said the effort will power ranchers to tackle food security and safety issues in the billion-dollar industry.

BeefChain program manager and Wyoming State Representative Tyler Lindholm agreed with the comments, stating the blockchain-powered solution will improve food safety and recalls. Supply chain concerns will, in the process, also be benefited.

The project will approach a “farm-to-fork” method. That means the beef products will be tagged and traced right from the farms they come from, to the supply chain, to the logistics in between, and finally, to the user’s table.

Such a method would allow firms to use BeefChain’s solutions to pinpoint a bad batch or even a fraudulent product that could be inferior (or even another meat).

Lindholm pointed out retail giants like Walmart are already running pilot projects using blockchain technology to improve the accountability of its store’s products. The firm has transitioned from its decades-old tracing solution to a blockchain alternative — which brings with it speed and immutability of data.

Meanwhile, BeefChain President Steven Lupien remarked about IOHK in the conference:

“Our partnership with IOHK brings state-of-the-art technology to ranchers […] We are not technologists [and] IOHK is providing the backbone to our system and it is secured, transparent, and scalable. IOHK has provided everything we needed and more.”

According to Lupien, blockchain utilization in the ranching industry offers benefits across certification, traceability, and consumer engagement use cases among others.

With the IOHK partnership, it shall now certify producers with a process verified program (PVP); featuring quality assurance metrics like grass-fed and zero hormone treatment among other factors.

Blockchains for trust in food sources

The world loves its steaks. But beef supply has, in recent years, being met with criticism ranging from unsustainable practices and the lack of accountability. Similar concerns have been made for Norwegian Salmon, as CryptoSlate earlier reported.

For both these issues, the blockchain has been deployed as a solution. Traceability of food sources remains a major issue in the world — with counterfeits and below-par products reportedly thronging thousands of grocery stores.

The cost is no bar. Consumers are ready to pay a premium for the real deal, as per an IBM Blockchain survey. This includes brands following “sustainable” practices, which have been stressed by climate change activists fiercely in recent years.

Meanwhile, bringing beef to a blockchain is not new. In May, an Australian blockchain startup AgLive said it was working with local authorities to authenticate the quality of the country’s famed beef products in exports to China and other markets.

AgLive director Paul Ryan noted at the time:

“We are now living in a world where food fraud and related health risks are becoming a growing problem (…), so we must work together to restore consumer trust.”

We never know; quality steaks could end up being the killer app for blockchain.

Article written by Shaurya Malwa
Analyst @ CryptoSlate

https://cryptoslate.com/cardano-ada-parent-is-making-beef-steaks-more-sustainable-with-blockchain/

 

 

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HACKS, CENSURE, CENSORSHIP IS RIFE – DECENTRALIZED SOCIAL MEDIA ARISING TO COUNTER CHAOTIC MAINSTREAM MEDIA

HACKS, CENSURE, CENSORSHIP IS RIFE – DECENTRALIZED SOCIAL MEDIA ARISING TO COUNTER CHAOTIC MAINSTREAM MEDIA

July 15th, 2020 will most likely go down in history as one of the worst days for Twitter in its 14-year reign as the platform that everybody who’s anybody has an active profile and trusts that their account is secure. It is known as the political discussion platform that world leaders use among other high-profile celebrities and apart from Twitter using its power to effectively flag and censor content they deem disinformation or not acceptable by their standards, it seems hackers can also mess with the accounts.   

An overwhelming hack that was reportedly taking advantage of internal tools by convincing a Twitter employee to assist in the hijacking of many high-profile accounts which enabled the hackers to take control and solicit Bitcoin donations. Among compromised accounts were those of U.S. presidential candidate Joe Biden, former U.S. President Barack Obama, Google, Apple, Warren Buffett, Elon Musk, Kanye, and Kim West along with many well-known people in the crypto space. 

The scale of the attack was enormous but apparently the financial reward was minimal. These hackers brought a $28 billion company to its knees but it seems they only collected a trifling $120,000 in Bitcoin. 

Twitter’s reputation is the real casualty as the impacts are multifold. It’s now evident the hackers had access to private communications for the accounts they penetrated and could’ve been used for much more destructive nature than just scamming crypto. Nevertheless, high-profile accounts were embarrassed, associated with scammers, and locked out of their account, regardless of any security measures they may have taken.  

Given the nature and standing of the users, it’s a mystery how and why it’s even possible for Twitter employees to usurp any account on the platform. While hacks of centralized services are quite common these days, they are rarely broadcasted in such a direct, explosive manner in real-time. 

This period of chaos and confusion went on for several hours and the hits on more accounts continued. Twitter’s response was slow and disorderly and although they must’ve been aware of what was happening, they were either unable or unwilling to shut down the platform during the pandemonium. If the report from vice.com Motherboard is accurate regarding the hackers having assistance from a Twitter employee on the inside, it makes Twitter’s controls look exceptionally weak. 

Accidental Reveal

Furthermore leaked screenshots revealed more information about Twitter’s secretive abilities to control accounts and narratives on the site. This is most damning as it is evidence that Twitter is aggressively deleting from the site and contains such keywords as ‘trends blacklist’ and ‘search blacklist’ which seems to show that Twitter does exercise some editorial bias at what content receives algorithmic boosting and what doesn’t.

This accidental reveal of Twitter’s deboosting tools will strengthen the critics’ view that Twitter is a partisan, editorializing service rather than the neutral one it claims to be. It has also been aggressively pursuing more controls alongside algorithmic, rather than chronological timelines. 

Fact-checking handled by the Moments team at Twitter is a bone of contention. It’s a challenge in areas like science and medicine, where respected authorities enforce established standards of knowledge, but it’s almost impossible in politics.

For instance, flagging President Trump’s Tweets was gutsy but seen as clumsy and although they may be experts on compiling social media posts arranging them into a narrative, it hardly qualifies them as master arbiters of truth.

Plus there’s more direct intervention in trending topics and when you consider that all of these measures make up an arsenal to control speech, it seems the perfect juncture for an autocratic oligarch to censure any discourse involving influential people. 

 

Time To Move On

We’ve come a long way since the first video of a day at the zoo on YouTube, another tech giant receiving bad press for its censorship, which has escalated into class-action lawsuits. What started out as a novel way to communicate, find friends, and deemed as “fun”, is now hazardous to our health, wellbeing, and privacy, even livelihood. 

We have been subject to numerous breaches of trust, and control by the centralized big tech platforms that have become commercialized and overtly politicized, and therefore intervene in political disputes by de-boosting particular topics and also selectively banning individuals, in some cases companies with a concept, idea or technology that threatens the status quo. 

There is growing unrest among users on these platforms that have an established model of total control, including ownership of all users’ content which retains the discretion to both monetize or “cash in” on user-contributed content and kick users off the platform for any reason.

Property rights of users’ content creation should extend to these social media platforms, however, given the current balance of power between the users and platforms, it’s not likely to happen within the current crop internet oligarchs still in the centralized Web 2.0 era. 

Instead, we are seeing a number of social media and video platforms that are censorship-resistant with a focus on privacy emerging.

 


Snapshot of LBRY.TV homepage

LBRY.TV, a video-sharing platform is decentralized with its neutral protocol that allows anyone to post content without reprisal, and stores this information on an immutable blockchain. According to CEO, Jeremy Kauffman, every time a crypto personality gets banned from a big tech platform LBRY has an influx of new users. He says, 

 “If platforms want to make the error of enforcing their political biases on their users, let the free market provide competitors like LBRY that make this problem obsolete. Innovations like LBRY make it so that the interference of Twitter and YouTube is technologically impossible.” 

Notably, LBRY specifies the wanton power to censor and deplatform that centralized platforms apply is one of its motivations for being here and is experiencing positive growth.

 


Snapshot of Minds.com newsfeed

MINDS.COM is a blogging platform that emphasizes its minimization of privacy concerns and self-described as a free “crypto social network” that upholds internet freedom. Founder and CEO, Bill Ottman aims to provide a spying free alternative to mainstream social media and pointed out that surveillance by default with little transparency into how a user’s data is used and sold. He says,

“The growth is typically a direct result of scandals with mainstream media platforms. Every day there’s a new scandal. People are looking for alternatives and want to diversify … The trend is towards open source. We’ve seen this happen in other areas already.”

The Minds platform has plans to add several new features this year and is researching the possibility of a decentralized reputation system. Meanwhile, its growth continues as it is currently trying to attract users from India where the government has banned 59 Chinese apps at the end of June this year. 

Necessity Is The Mother Of Invention

Since working and earning a living from home particularly online-based has become more popular and seen as a necessity in a growing number of cases, there is a platform focused on developing a complete self-sovereign ecosystem for the entrepreneur of all niches and individuals from all walks of life at any level of expertise. It does not discriminate. 

 


Snapshot of Markethive.com newsfeed

MARKETHIVE.COM is the not-so-vertical social market network media broadcasting platform that encompasses all facets of inbound marketing and digital media, built on the blockchain and takes privacy, transparency, censorship, and the ability for users to attain financial freedom very seriously. 

With a built-in newsfeed and messaging system enabling users to collaborate, along with a philosophy, in which users can freely associate and disassociate with – but not ban – other accounts, allows for the coexistence of mutually acrimonious individuals without relying on censorship from management. 

Founder and CEO, Thomas Prendergast says Markethive is a sanctuary to the millions who struggle. Markethive is just getting started. People have been making money with Markethive for years as an inbound marketing platform and saving money from tools that elsewhere would cost a lot of money. Today it has evolved into so much more including storefronts enabling the users to establish or participate in cottage businesses under the Markethive umbrella. He says,

“Markethive is a philanthropic endeavor. To give, not take, to help not exploit. Markethive is a vision with a mission – To empower and bring prosperity to every living soul with a purpose…even if that purpose is only to be free from the shackles of the Social Media tyranny we all face.” 

Still, in BETA, the continuous growth of Markethive is noteworthy as all aspects of the free inbound marketing systems are currently operational along with the micropayment faucet system and airdrops, with the release of the wallets and messenger app just around the corner. Markethive is also preparing for its video platform, conference hub, and ecommerce APIs, along with numerous loyalty programs.

The image below is a comparison chart of leading platforms in the industry and what they offer.

Problem Solved 

Each of these platforms has a monetary incentive in the form of their own cryptocurrency with its primary purpose to free and empower the people and with the politicization of Facebook, Google, and other social media giants, Web 3.0 with crypto is a sign of the times upon us. 

Although there is pressure on the tech giants from critics to stop their behavior and implement some form of decentralization, many say this would not be an easy task and not likely to happen. Even if they did, the way they behave in so many other ways is questionable. 

It has become evident that the solution to an overbearing problem is a social internet built on a decentralized blockchain where users can own and operate without the risk of losing their fundamental right to free speech, sovereignty with a capacity to prosper on all levels. 

This is a new era with the evolution of technology and the next generation. What would be even better is if these stand-alone vertical platforms work towards becoming interoperable thereby creating a collaborative network across the internet.

 

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Deb Williams
A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept, and move forward with enthusiasm to achieve their goals. 

 

 

 

 

 

 

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Steve Wozniak Sues Youtube, Google for Promoting Bitcoin Giveaway Scam รขย€ย” Youtube Denies Fault

Steve Wozniak Sues Youtube, Google for Promoting Bitcoin Giveaway Scam — Youtube Denies Fault

Apple co-founder Steve Wozniak and 17 other victims have sued Youtube and Google for allowing, promoting, and profiting from bitcoin giveaway scams. However, Youtube insists that it is not at fault for scammers using its video-sharing platform for cryptocurrency giveaway scams and other fraudulent schemes.

Steve Wozniak and 17 Victims Take Youtube and Google to Court Over Bitcoin Giveaway Scam

Steve Wozniak and 17 other fraud victims have sued Youtube and its parent company, Google, over a bitcoin giveaway scam that has persisted on the popular video-sharing platform for many months. According to Tuesday’s filing with the Superior Court of the State of California in San Mateo County, the plaintiffs have demanded a jury trial.

Wozniak says Youtube and Google have allowed scammers to use his name and likeness to promote a fraudulent bitcoin giveaway for months, adding that the two companies have repeatedly ignored his requests to remove the scam videos. Twitter, on the other hand, took down similar bitcoin giveaway tweets the same day they were posted during the great hack that saw many high-profile accounts asking people to send them bitcoin, promising to double any amount sent.

According to the court filing:

Defendants [Youtube and Google] significantly harmed Wozniak and Youtube users by knowingly allowing the bitcoin giveaway scam to thrive, promoting the scam, profiting from the scam, and failing to warn users.


Some of the bitcoin giveaway scam videos on Youtube claiming that Apple co-founder Steve Wozniak is giving away 5000 BTC and will double your bitcoin sent to him. Source: court document

The plaintiffs say that Google and Youtube “knew about the bitcoin giveaway scam because Wozniak, countless other scam victims, Youtube users, and media articles” informed them about “every aspect of the scam.”

While the two companies have the means to stop the scam videos on Youtube and warn users about them, the court document states that they “have not done so; instead, defendants materially contribute to the scam by failing to timely respond, promoting the scam, and selling targeted ads for the scam.” As a result, the plaintiffs have lost hundreds of thousands of dollars in the bitcoin giveaway scam, the court document notes.

The plaintiffs are asking the court to order Youtube and Google to immediately remove the fraudulent videos and warn users about the bitcoin giveaway scam. They are also seeking compensatory and punitive damages.

Youtube Insists It’s Not at Fault

Wozniak and the 17 victims are not the only people who sued Youtube recently over crypto giveaway scams. Ripple Labs Inc. sued the company in April for failing to stop scammers from posting about fraudulent cryptocurrency giveaways that asked viewers to send XRP to a scam address. In addition to swindling hundreds of thousands of dollars from victims, Ripple alleges the scam harmed its brand and the image of its CEO, Bradley Garlinghouse.

However, Youtube has argued that it is not at fault and not liable for scammers using its platform. The company filed a motion in the U.S. District Court for the Northern District of California on Tuesday to dismiss Ripple’s lawsuit.

Youtube cited Section 230 of the Communications Decency Act which “bars claims lodged against website operators for their editorial functions, such as the posting of comments concerning third-party posts, so long as those comments are not themselves actionable.” The company insists that according to this law, computer services should not be treated as the publisher or speaker of other providers’ content.

Ripple also alleges:

Youtube granted a verification badge to one of the hacked channels and also profited from the scams by ‘knowingly selling’ paid ads on behalf of the fraudsters.

In its motion, Youtube argued that those badges did not change the third-party content into material it created or developed, therefore its “unwitting verification” of the scam account was not itself unlawful. Meanwhile, a Youtube spokesperson maintains: “We take abuse of our platform seriously and take action quickly when we detect violations.”

Many scam videos and ads are regularly found on Youtube. News.Bitcoin.com recently reported on a number of bitcoin giveaway scams, such as those claiming that Spacex and Tesla CEO Elon Musk, Microsoft founder Bill Gates, and others are giving away bitcoin. The Elon Musk bitcoin giveaway scam has been particularly successful, having raked in millions of dollars already.

Article written by Kevin Helms

https://news.bitcoin.com/steve-wozniak-sues-youtube-google-bitcoin-giveaway-scam/

 

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As Analytics And Privacy Efforts Clash, Which Path Will Bitcoin Take?

As Analytics And Privacy Efforts Clash, Which Path Will Bitcoin Take?

Two pieces of Bitcoin news this week seemed to point toward conflicting trends that are central to this era of the technology. As Bitcoin becomes more popular, regulators are seeking ways to monitor its use while, at the same time, more development and user effort is being pointed toward obscuring that use. It’s a battle that is likely to escalate for some time, and Bitcoiners are optimistic that their privacy efforts will ultimately stay one step ahead of the gatekeepers.

Coinbase Is Giving Blockchain Analytics Tools To The U.S. Secret Service 

With some 35 million users and more than $7 billion in custody, Coinbase is one of the largest cryptocurrency exchanges in the world. Established in 2012 with a mission to offer bitcoin investment more widely than ever to that point, it also enjoyed a special prominence among new bitcoin investors thanks to its early entry in the space and relative ease of use — at least until the exchange market got a little more crowded.

It would be hard to call the exchange popular among Bitcoiners at this point. Its collection of user KYC data, listing of altcoins, and controversial acquisition of blockchain analytics firm Neutrino in July 2019 have led some prominent voices in the space to speak out against it.

Still, a public record that surfaced this week indicating that Coinbase is providing blockchain analytics software to the U.S. Secret Service signaled a surprisingly non-Bitcoin move from the exchange. The contract shows that the Secret Service granted a $183,750, four-year contract to Coinbase, effective in May 2020 and running until May 2024, to access its Coinbase Analytics software. It’s been rumored that Coinbase has been seeking such a contract ever since it acquired Neutrino and the exchange has said that Coinbase Analytics is separated from its internal data and that it’s fully sourced from what’s already publicly available. Plus, Coinbase CEO Brian Armstrong has been vocal about defending it.

But this public record now makes it official: the very gatekeepers that many Bitcoin users seek freedom from are in business with one of the space’s largest exchanges.

Meanwhile, Darknet Transfers And Mixing Are Surging

It seems notable that, as news of Coinbase’s deal with the devil surfaced, so did a report that darknet bitcoin activity grew in the first quarter of 2020.

According to Crystal Blockchain, a blockchain analytics service developed by Bitfury, “the amount of bitcoin sent to mixers by darknet entities rose significantly this year — from 790 total bitcoin in Q1 2019 to 7,946 bitcoin in Q1 2020. The same growth was also observed in USD — an increase from $3m in Q1 2019 to $67m in Q1 2020. This indicates a rapid adoption of crypto mixing services by darknet entities.”

Bitcoin mixers are software or services that allow users to mix their bitcoin with others, thus obscuring where the bitcoin has come from, what it has previously been used for and, potentially, whether it was ever provided as payment for illegal services. Mixing has emerged as one of the premier methods for combating the rise in blockchain analytics development that is meant to track the use of bitcoin and flag any illegal activity. 

Though the report notes that the amount of BTC transferred between darknet entities declined in the first quarter of 2020, the value of that BTC grew by 65 percent — and not just because the price of bitcoin went up.

“If we consider the amounts in USD, we see that darknet entities received and sent an increased amount of money — from $384m in Q1 2019 to $411m in Q1 2020,” per the report. “This is partly explained by the growing capitalization of bitcoin, as well as further mass adoption of bitcoin. As it becomes increasingly easier to use cryptocurrency, the popularity of this payment method is steadily increasing.”

It should be no surprise that the increasing ease of use for bitcoin is leading to more darknet activity that leverages it. But it also seems that, despite the development and spread of blockchain analytics tools, users are going to find ways to leverage bitcoin in obscured ways.

In many ways, Bitcoin has moved far beyond the early narratives that it is simply “dark web drug money.” But as it becomes better recognized by mainstream investors and institutions, this ongoing battle between those who want to track its use and those who want to continue to enjoy its pseudonymous freedoms will rage.

 

Written by PETER CHAWAGA 
Peter Chawaga is a senior editor at Bitcoin Magazine. He HODLs BTC.

https://bitcoinmagazine.com/articles/as-analytics-and-privacy-efforts-clash-which-path-will-bitcoin-take

 

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Ethereum Developer Challenges Hackers to Break ETH2 Testnets; Collect $10k Reward

Ethereum Developer Challenges Hackers to Break ETH2 Testnets; Collect $10k Reward

The testnets are already up and running, and Ethereum is expecting to add thousands of node validators to keep the network decentralized.

Danny Ryan, one of the core developers of the Ethereum developer community, has challenged white hat hackers to hack into a pair of ETH2 testnets.

Ethereum's most significant upgrade since its inception where the Ethereum mainnet will transition from Proof-of-Work (PoW) based mining consensus to Proof-of-Stake (PoS) and has been dubbed Ethereum 2.0. The transition from Ethereum to Ethereum 2.0 will happen in phases through a series of hard forks.

While there is much debate on when ETH2 will launch, the testnets are already up and running, and Ethereum is expecting to add thousands of node validators to keep the network decentralized. Ethereum 2.0 is also believed to help Ethereum's current struggle with scalability and transaction processing. Ethereum co-founder Vitalik Buterin has claimed that the network would be able to process thousands of transactions per second. Ryan tweeted the invitation with a link to a Github page with the details and parameters of the challenge. He wrote:

“We welcome white hats to bring down the two beta-0 attacknets for reward and fame ๐Ÿ™‚
Check out the new “attacknets” channel on the eth r&d discord for discussion.”

 

What is The Target For White Hat Hackers?

The target for the “attacknets” are two miniature versions of ETH2 clients, namely Lighthouse and Prysm, which have been designed to access the ETH 2.0 network. However, unlike mainstream clients, which comprise thousands of nodes, these attacknets miniature clients would have only four nodes.

The hackers are required to prevent blocks from confirming transactions and double-spending. These white hat hackers would be required to create a 51% attack scenario, which is what a quality blockchain was designed to prevent.

Many blockchain networks have hundreds of validators, but ETH 2.0 has set a target of 16,000 validators in the beginning and then expand it to hundreds of thousands of validators with time to keep it as decentralized as possible.

 
Writtten by HANK KLINGER
Hank Klinger has been working online for seven years now. He has written for several national companies. Hank has been a part of our team for over three years, reviewing ICOs, new cryptocurrencies and helping us keep up to date with industry news. His primary knowledge is in marketing, sales, and advertising, and he uses that knowledge to research and pick out reliable sources of information to use as a basis for his writing.

https://bitcoinexchangeguide.com/ethereum-developer-challenges-hackers-to-break-eth2-testnets-collect-10k-reward/

 

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PayPal and Paxos Crypto Brokerage Partner to Integrate Buying and Selling Services

PayPal and Paxos Crypto Brokerage Partner to Integrate Buying and Selling Services

The international payments giant, PayPal, may soon be rolling out crypto services in collaboration with Paxos as reported by Coindesk. Sources close to the matter revealed that PayPal has chosen Paxos to facilitate its soon to be digital asset supply services. This collaboration comes barely a week after Paxos launched its API-based crypto brokerage, onboarding Revolt US as the first client.

Back in June, BEG featured PayPal's change in tact towards the digital currency space as the company took a deep dive into crypto services such as buying and selling. The latest news, though not confirmed by either Paxos and PayPal, has since sparked jitters of a ‘sunrise phase' amongst the FinTech community. One of the two sources who spoke to Coindesk went on to note that a formal announcement of PayPal’s partnership with Paxos may be out as soon as this week.

A Juggernaut for FinTech Integration with Crypto Services

PayPal's global customer base which is over 300 million, may soon be exposed to a range of digital assets within a few clicks. It will join the likes of Square's Cash App, the Jack Dorsey run digital payments provider, which recently saw a spark in volumes owing to BTC exposure. In 2019 alone, Bitcoin revenues hit $510 million as the platform's user base grew significantly to almost 24 million active users towards the end of the year.

‘Millennial-focused' trading app, Robinhood, is another stakeholder whose interest in the crypto scene has seen them increase crypto services, with the first offerings as early as 2018. PayPal's clientele is probably next in line to experience the world of digital assets from their traditional FinTech payments provider as more players look to tap into the growing market. Paxos, which is regulated in New York as a digital asset custodian, can hold digital currencies such as Ether, BTC, and gold on behalf of institutional investors.

PayPal Moving Fast into Crypto

Touted by some as the ‘wild west of the 21st century', crypto has not been a favorite for institutions afraid of changing the status quo of monetary transactions. That said, PayPal is not one of the shy payment providers, and has shown an intention to scale activity in this area. The firm was initially a member of Facebook's Libra but later pulled out after the project encountered regulatory challenges.

In a recent letter to the European Commission, PayPal noted that it had not quit its ambition in crypto services and would, in fact, increase capabilities to support the digital asset markets. The payments juggernaut is, however, yet to indicate which digital assets would be part of its services should the plans go as intended.

Written by EDWIN MUNYUI
Edwin is a FinTech enthusiast with a particular interest in blockchain technology and cryptocurrencies. He has worked as an author in the blockchain space since 2017 and enjoys creating content that both crypto veterans and newbies can understand. His simple writing style and financial market knowledge have made him a reputable fundamental and technical analyst with the ability to handle any topic around blockchain and crypto over the years.

https://bitcoinexchangeguide.com/paypal-and-paxos-crypto-brokerage-partner-to-integrate-buying-and-selling-services/

 

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Google, Facebook, Twitter Face Class-Action Lawsuit for Banning Crypto Ads

Google, Facebook, Twitter Face Class-Action Lawsuit for Banning Crypto Ads

Cryptocurrency businesses are taking Google, Facebook, and Twitter to court in a class-action lawsuit that could cost the social media giants $300 billion. The plaintiffs say that their businesses have been hurt by Google, Facebook, and Twitter banning crypto ads on their platforms.

Google, Facebook, and Twitter Taken to Court Over Crypto Ads Ban

Cryptocurrency companies and individuals are taking Google, Facebook, and Twitter to court over the banning of their cryptocurrency ads from Jan. 30, 2018, to the present. The class-action lawsuit is being filed by Sydney-based law firm JPB Liberty.

The plaintiffs claim that their businesses have been harmed when the three social media giants all banned cryptocurrency advertising in 2018 within weeks of each other. Google then reversed the ban for regulated exchanges in Japan and the U.S. in September 2018. However, the plaintiffs argued that there were not many regulated exchanges at the time.

Under Section 45 of the Competition and Consumer Act, Australia prohibits any “arrangements, understandings or concerted practices that have the purpose, effect or likely effect of substantially lessening competition in a market, even if that conduct does not meet the stricter definitions of other anti-competitive conduct such as cartels.”

The law firm explained that “A class action will be brought in the federal court of Australia against the social media giants’ Australian subsidiaries and parent companies for breaches of the Australian Competition and Consumer Law,” elaborating:

"The class action will seek damages for worldwide losses of crypto industry members and investors. The announcements of the crypto ad ban by the respondents dropped crypto markets by hundreds of billions of dollars. Crypto exchange volumes also dropped by 60-90%".

JPB Liberty added that the three social media giants together “control a very large percentage of the online advertising market (over 66% of 2018 US digital ad revenue & over 80% of social media ad revenue).” The ban on their popular platforms — including Google, Facebook, Instagram, Twitter, Whatsapp, and Youtube — severely hurt the way crypto businesses acquire customers.

The suit currently has $600 million worth of claims but could grow to $300 billion, according to reports. The case has been put before a senior barrister for review.

The law firm is seeking more claimants to join the lawsuit. “Anyone worldwide who was adversely affected by the crypto ad ban announcements” has a claim and can join the class action lawsuit. They include anyone holding cryptocurrency in 2018, from Jan. 28 to Dec. 31, or later in limited cases. “Persons holding a steem or hive cryptocurrency on chain wallet at any time” also qualify, as are Mt. Gox creditors and owners of crypto businesses, exchanges, wallet providers, ICO projects, miners, and advisors.

What do you think about this lawsuit against Google, Facebook, and Twitter? Let us know in the comments section below.

Written by Kevin Helms

https://news.bitcoin.com/google-facebook-twitter-class-action-lawsuit-for-banning-crypto-ads/

 

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When you have 100 customers per Distributor