Sesterce Mining: Legit Blockchain Investment Platform for Crypto Mining?

SESTERCE-Mining

Sesterce Mining is the world’s biggest e-commerce mining platform with more than 2000 orders per month, more than 100 references, and shipment all around the world. Its cloud mining section allows users to earn cryptocurrencies with the best possible customer experience and in a totally secure way. No knowledge required to start mining cryptocurrencies.

Sesterce’s main objective is to set up a community around blockchain assets with an increasingly wide range of services. The group has created a real blockchain mining expertise and investment in the recent years. They have the biggest catalog of services around mining. The platform is a grouping by the alliance of several major players in Blockchain in Europe, with the intention of creating a global player and a real representative of Europe in this market.

What They Do

Sesterce is the best place to invest in crypto mining solutions, and help reinvent and open, free, and efficient financial model. It’s an all-round blockchain-based investment platform.

Sesterce believes in the ultimate transformation of banking. It believes the world is at a stage where the underlying technology of cryptocurrencies is massively disruptive and innovative. The platform offers a new way of joining the new paradigm of value transfer between people by allowing users to start mining cryptocurrencies with the best hardware available on the market at the best price.

Here are some of the benefits of the platform:

  • A complete offer on new blockchain investment models: Sesterce offers cloud mining, miners, masternodes, hosting, and pool. Its offer on digital asset infrastructures is both simple and complete.
  • A global actor with three offices worldwide: Sesterce offers services and delivery of products all over the world with a team dispatched between France, Hong Kong, and the U.S.
  • Reliable customer support: Its customer service based in France is focused on providing the best experience at any time. The French-based company operates under the law of European Union, with a willingness to always offer the best customer experience.

Complete Solutions for Crypto Mining

Sesterce is a trusted actor, positioned as a European player on the global mining scene with major partnerships and a significant market share. The company has more than 30 partners across the world. Some of the reasons why it leads include:

  • Dedicated, passionate, and professional services
  • Affordable pricing
  • Premium customer support
  • Scheduled, accurate, and timely delivery

Besides, the platform has awesome customer support that is willing to assist customers at any time. In case of any concern, simply contact they and they will help you solve your issues with any aspect of their services, their products, or any cryptocurrency-related questions.

The Main Seller of Hardware Mining Worldwide

With Sesterce’s cloud mining services, you can mine any cryptocurrency available in their catalog. Simply switch your mining power on the fly for all the coins using their Bitcoin mining website. Currently there are more than 20 different digital currencies for mining. There’s no need to set up the hardware, or do maintenance, as Sesterce takes care of everything.

 

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Author: Bitcoin Exchange Guide News Team

BlackRock CEO Larry Fink Says Libra Is Not A Cryptocurrency, Wants Technology to Interchange Currencies

BlackRock-CEO-Larry-Fink-Says-Libra-Is-Not-A-Cryptocurrency-Wants-Technology-to-Interchange-Currencies

BlackRock is the largest money-management firm in the world with more than $6.5 trillion in assets under management and Larry Fink is their CEO with over a billion dollars of net worth. He appeared on CNBC recently:

Fink said many of his clients and hedge funds are taking risk off the table. However, he believes such a move is a mistake, and he advised investors to stay invested in stocks. He thinks that people are under invested in equities.

Fink indicated that there is a huge need to democratize the exchange of foreign currencies in cross-border transactions and to bring down the fees of the interchange. He showed that there is a huge problem when it comes to making cross border payments, claiming that people who are making cross border payments are paying a huge amount in fees to organizations charging from 5-10% on each transaction.

He said:

“I actually believe that the idea about libra — I don’t think we need to create a new currency, but the technology to instantaneously calibrate all the currencies. That should be done. You don’t need a libra. you have computers that can monetize and calibrate euro to dollar instantaneously for a couple of basis points.”

Fink was openly against bitcoin for a long time now. Calling out the whole asset class as illegal, he has cited three main concerns to back up his claim. The infamous unpredictable price swings, the mostly anonymous nature of the market and the unregulated playing field make him feel he has a case.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

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Author: Sritanshu Sinha

IBM Food Trust Welcomes Organo to Use The Blockchain To Trace Products

IBM-Food-Trust-Welcomes-Organo-to-Use-The-Blockchain-To-Trace-Products

More and more companies are starting to use blockchain solutions in order to trace their own products with more control and efficacy. Organo is now the latest company to join IBM Food Trust, a blockchain initiative that was created in order to track food.

Organo, which is a leading producer in healthy and affordable food and beverages, was created back in 2008 and was generally focused on bringing quality to its clients, which is the main reason why the company is set on using the blockchain to ensure that quality now. The company also works in the industries of beauty products and botanical formulations as well as food.

IBM Food Trust, as you may well know, is one of the top companies in the food tracking industry. The company is specialized in using the blockchain technology in order to solve the problems of companies that want to track their products via all their supply chains.

With the solution offered by IBM, the company will start to track several of its products, starting by its most selling ones and scaling to achieve an even greater reach before the end of the year.

This new traceability strategy will help the company in order to select the key information that will be shared with the clients of the company and the supply partners. This will bring more transparency to the company, which is expected to convert in positive feedback from the clients.

By starting this partnership, Organo is set to improve its services, as affirmed by Leonard Chin, the managing director of the company. Chin affirmed that trust is a product ingredient for the company, so they believe that it is important to treat trust in the same way that all the other ingredients are being treated.

The new service will allow the customers to scan the products and to assure the quality by making inspections on the logistics and all the data that will be available using the new system, which will be called Vertical Markets EcoSystem Model.

The blockchain will be used as a way to store the information in a distributed ledger that is easily accessible to all customers. The company also hopes that will engage people in all the supply chain to work towards minimizing waste and improving the safety of the food, therefore optimizing the whole process of creating the products that will be sold later.

IBM Food Trust is created on top of the Hyperledger Fabric blockchain, an open-source protocol. While the model of the ledger is decentralized, the companies hiring IBM are generally able to determine who will have access to the information present on the blockchain.

Because of this, think of this as a private blockchain, not a public. The difference is that the clients are allowed to check the blockchain as well by using QR codes.

Raj Rao, the general manager of IBM Food Trust, affirmed that the blockchain has the potential to transform any industry, especially supply chains, so the goal of the company is to provide the technology that will make this possible.

He also affirmed that the technology will help Organo to deal with the major pain points of its business and that it will be used to optimize the whole supply chain.

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Author: Gabriel Machado

Fidelity International Will Soon Enter the Cryptocurrency Space with Digital Asset Trading Desk

Fidelity International Will Soon Enter the Cryptocurrency Space with Digital Asset Trading Desk
  • More companies in traditional finance sector are launching projects that connect them with the cryptocurrency industry.
  • Fidelity International exec Anne Richards discussed a crypto-based trading game within the company while at a conference.

With the increased popularity of the cryptocurrency market, it should come as no surprise that traditional finance companies are choosing sides. Fidelity Investments is one of the more innovative companies, as their subsidiary Fidelity International gets closer to entering the cryptocurrency space. According to reports from Ethereum World News and others, Fidelity Investments has already set up Fidelity Digital Assets, a custody operation.

Reports from Financial News indicate that someone close to this matter confirmed the company’s interest in blockchain technology. The same source added that the trading desk for the company is almost prepared to go live. The fact that the company has its own fantasy crypto trading game for staff at the international extension is proof enough that the fund manager is welcoming to cryptocurrency.

Players of this game have to build a crypto portfolio, starting with £10,000 in virtual money. To be eligible for cash prizes, the participants have to gain the biggest returns. Presently, there are already two-thirds of the 1,200-member staff at Fidelity International that have gotten involved.

This trading game was only recently publicized by chief executive Anne Richards at an industry conference last month. Richards stated,

“We have a bitcoin trading game that we use internally, as a way of teaching people about distributed ledger technology and digital tokenization, which ultimately will be an important part of the whole financial system going forward.”

Based on these comments, and if Facebook had anything to do with the recent surge in Bitcoin’s price, then Fidelity’s impact on Bitcoin’s price could show a similar effect.

Many institutions are starting to get involved in the cryptocurrency market, and specifically Bitcoin, which is why some experts believe that they were the key buyers on the sidelines during the crypto winter. With Fidelity’s work in their Digital Assets platform, they will be helping other institutions to get involved in the sector.

If Fidelity were to finally launch products or even just use distributed ledger technology, it would easily establish the brand as a leader in the fund management industry. There are still major legacy costs in this industry, and paper documentation is still maintained. Interoperability concerns are a big reason why the implementation of blockchain has been delayed for this long but choosing to get involved could easily be a big moment for the whole financial sector.

Furthermore, Fidelity’s actions could impact both retail and institutions, which could bring on the launch of mutual funds. However, as the SEC continues to shut down the idea of implementing an exchange-traded fund, these efforts could ultimately be thwarted.

Teana Baker-Taylor, the executive director with Global Digital Finance, spoke with Financial News about the plans that Fidelity International is involved in. Baker-Taylor said,

“This signals to the market that traditional financial investment in digital assets is likely to increase and they intend to maintain their institutional first-mover advantage, providing access to digital assets to their mutual fund and pension clients, as well as private and institutional investors.”

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Author: Krystle M

Ocean Protocol, Singapore’s sgCarMart to Introduce ‘Know Your Car’ Blockchain Data Marketplace

Ocean Protocol, Singapore's sgCarMart to Introduce 'Know Your Car' Blockchain Data Marketplace

The vehicle industry is slowly adopting blockchain technology as more partnership crop in between the two industries.

The latest partnership announced on Friday, July 5th, 2019 introduces the used car industry player sgCarMart to data protection and verification through a partnership with Ocean Protocol, a data exchange protocol built on a blockchain.

  • Singapore reports 9,000 used cars to change hands every month as recorded in 2018.
  • Ocean Protocol and sgCarMart form partnership to launch “Know Your Vehicle” platform.

Singapore based used car firm, sgCarMart, announced its partnership with Ocean Protocol for the latter firm to provide a platform for consumers in the country to verify the condition and data of the vehicle related before purchase.

According to the press release, the Know Your Vehicle platform will provide “comprehensive information about a used car” and further allow users to securely share the info.

This is expected to improve the used car business in Singapore and help consumers make more objective and accurate buying decisions.

“All in all, the Know-Your-Vehicle Data Marketplace can promote road safety for all by making sure that consumers purchase cars that are fit for the road; and in the long run, encourage car owners to better maintain their cars to maximize resale value thereby enforcing a virtuous cycle.” – Press release on Ocean Protocol/ sgCarMart partnership.

“Know your Vehicle” Platform Launches

Customers looking for a used car usually have to rely on a third party or the used car dealer to confirm the state of the car.

This brings about a state of information asymmetry which may lead to an underestimate on the measurements of the vehicle. Other car sellers may hide the defects altogether leading to an unwanted purchase.

The Know Your Vehicle protocol is aiming to end this problem by providing customers with the capability of tracking data origin on a vehicle and then trace its history. This allows users to access not only get timely information but also reliable and accurate information on used cars. Ocean Protocol provides an efficient platform for users to share and monetize their data in a secure and immutable environment.

Speaking on the partnership with Ocean Protocol, the General Manager of sgCarMart Quotz, Glenn Ong, said,

“We are pleased to unlock used car data so that consumers can make better and safer buying decisions. In future, we hope to leverage these data further to help industries and the government to advance products and services as well as a greener and more efficient future for the people in Singapore.”

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Author: Lujan Odera

France’s Financial Markets Authority (AMF) Sees Increase in Crypto Complaints Per Its 2019 Risk Map

French-Financial-Regulators-See-Increase-in-Crypto-Complaints

Crypto is undoubtedly becoming more popular as more people are beginning to make use of it as a means of payment or investment, more merchants are beginning to accept it in exchange for goods and services and more institutional funds are being pushed into crypto as a whole.

Besides the benefits that are going to be seen with the increasing of crypto adoption, there are also implications for various financial regulators as more businesses are being started up that have to do within the crypto space and as such, they will have more interaction with the crypto industry.

As such, there is no surprise that the French financial regulators have stated that they have seen an increase in complaints regarding cryptocurrencies in the last year.

Increased Complaints

This comes via a July 2, 2019 risk report that was published by the Financial Markets Authority in France which states are investors in the country are filling more and more complaints regarding digital currency with the authority.

The risk report goes into an analysis of the factors that have made an impact on the country’s financial markets as well as the risks that are associated with it.

The report states that there was a drop in the number of inquiries that the EMF received by their consumer Contact Centre with regards to cryptocurrency. It was also noted that investors have continued to express interest in various speculative products such as foreign exchange, contracts for difference and cryptocurrency even though the EMF has tried to limit the marketing of products in that regard. Of the 151 warnings that were issued EMF between 2016 and 2018, 118 of those were crypto related.

In their annual report that was released in May 2019, the EMF also stated that there was a 14,000 percent increase in inquiries related to fraudulent crypto offers in the year 2018 when compared to the year 2016. The number of complaints that had to do with cryptos was reported as 2600 in 2018 from only 18 in 2016.

These show a peculiar pattern in that cryptocurrency, while has been increasing in popularity, has also been forced to combat the fraud that exists in that space as investors are targeted with fraudulent offers in a bid to play on the lack of readily available information about the crypto industry in order to get them to hand over their funds.

This pattern is observed in almost every emerging industry and it is believed that as the industry matures, there will be more resources and information available to make sure these crimes are stopped in their tracks. It should also be noted that this is not a problem exclusive to France as the SEC, throughout 2018, was forced to shut down several initial coin offerings for being fraudulent or unregistered.

One of the responses to this problem has been proper crypto regulations being put in place around the world to make sure that those within the industry have proper guidelines that they are required to follow.

Still, there has been a push from several bodies such as the FCA in the United Kingdom to educate investors on the risks of dealing in cryptocurrency as well as how to spot potential scams and fraud.

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Author: Tokoni Uti

Facebook’s Libra Movement Receives Backlash in Washington About Cryptocurrency Project

Facebooks-Crypto-Plan-Draws-Criticism-From-Washington

Facebook’s Libra plan has once more been criticized. This time, however, the complaints do not come from the crypto community, which is fairly negative on the whole project, but from the government of the United States.

A letter signed by over 30 influential groups in Washington was recently sent to Facebook. The letter demanded the project to be halt immediately as there were “profound questions” about the project, as reported by Bloomberg.

This letter was signed by five congressional committees’ leaders and the main point was that the regulators were simply not prepared to deal with something like the Libra project right now.

In their view, the project of the social network company would still need to address some questions and concerns before the project could be allowed to move forward and be really launched in the United States.

Maxime Walters, the House Financial Services Committee Chairwoman, affirmed that she believed that Facebook’ Libra posed a risk that was simply too big to be allowed to go forward with so many questions without a proper answer.

Facebook did not publicly respond to the letter until the time of this report.

Facebook’s Libra Will Have A Hard Time Being Regulated

If cryptocurrencies posed a huge problem for regulators who were uncertain of how to deal with them, the truth is that Libra is possibly even more troublesome, mostly because Facebook is huge. The reach of a project such as this one is unseen in history and we all know that Libra has the potential to reach even more people than Bitcoin did.

When that happens, how will the world react? Facebook has announced the Libra Association, which has companies such as Mastercard, Visa, Paypal and Uber in its ranks, but most people are still afraid that the new token could be way too centralized.

Governments such as India have already indicated that maybe Facebook’s Libra will not be welcome there, while other governments, such as the Russian, will treat it just like any other crypto.

The United States will possibly provide a good thermometer for how difficult it will be for Facebook to get approval and, so far, it does not really seem that it will be very easy. Libra is still far from its launch but the team behind the new cryptocurrency already has a lot of problems to solve.

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Author: Gabriel Machado

Linda Lacewell Bags Approval from New York Senate as Superintendent of Department of Financial Services

Linda Lacewell Bags Approval from New York Senate as Superintendent of Department of Financial Services

Saddled with the task of governing more than a thousand different financial institutions, the Department of Financial Service will now have a new superintendent.

Linda Lacewell, the new overseer, was confirmed by the Senate in the state of New York. She was initially nominated by the New York State governor, Andrew Cuomo, following her service as his Chief of Staff after which she became the DFS’ acting superintendent.

The New York DFS is one of the first in the United States to make some effort in bringing order into the cryptocurrency sector with regulation, since 2015. Since inception, the DFS has given authorization to about nineteen different cryptocurrency startups that satisfied the DFS’ BitLicense statutes.

The DFS hopes to regulate the sector so that as much as possible, customers and investors are protected, security is ensured and criminal activity like money laundering is prevented.

Lacewell is known as an ardent supporter of innovation and hopes to use regulation not to stifle the growth of the sector but to ensure sanity and reduce exploitation. Sometime ago, while speaking on why the DFS is working tirelessly on regulation, Lacewell said:

“A regulated industry protects customers while supporting innovation and ensuring our financial services sector is a vibrant part of New York’s economy.”

The requirements for a license are known to be quite strict, even as the body seeks to support the regulated trade of cryptocurrency. Just recently in April, the DFS deprived Bittrex of a license because the firm had not fulfilled all the necessary Know-Your-Customer (KYC) requirements.

According to the DFS’ Executive Deputy Superintendent for Banking, Shirin Emami, Bittrex had an “obligation to conduct appropriate due diligence on all types of assets” and didn’t do so satisfactorily.

After the official confirmation, Lacewell put out a statement thanking the governor and all the members of the senate for the opportunity for her to continue her work. According to the statement:

“It is an honour and a privilege to be confirmed as Superintendent of the Department of Financial Services. I thank Governor Cuomo and the members of the New York State Senate for the opportunity to lead this essential agency and I look forward to working with the entire legislature at a time when it has never been more important to protect consumers, safeguard markets, enforce the law and encourage real financial services innovation.”

Lacewell will be the third person to occupy the role of superintendent of the New York State Department of Financial Services. The agency was established back in 2011 and is an amalgamation of the insurance and banking agencies in the state.

Linda Lacewell is credited as the person responsible for the creation of a Cyber Division specifically dedicated to cybersecurity and consumer protection. The division will also do its best to ensure compliance from all the regulated firms as they carry out their activities.

Lacewell at a different time had explained her interest in innovation regarding financial technology, stating that the DFS is also expected to watch the fintech space for emerging technology. According to her:

“It’s actually the job of DFS not only to regulate banking and insurance, but to keep an eye out for emerging products like Bitcoin, Fintech and other areas. “It’s part of our responsibility to look there to identify those issues and to try to responsibly regulate in a careful manner.”

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Author: Tolu

Android Phishing Malware Impersonates Turkish Crypto Exchange, BtcTurk

Android-Phishing-Malware-Impersonates-Turkish-Crypto-Exchange-BtcTurk

Android Phishing Malware Impersonated Turkish Crypto Exchange

Hackers and scammers are getting more dangerous every day. According to ESET, the cybersecurity company behind NOD32, a new kind of malware that is based on Android uses Google’s SMS permissions in order to overcome two-factor authentication (2FA).

By using this exploit, the malware is able to receive the numbers of the verification and to use them to invade accounts. These one-time passwords are often used in order to restrict the use of sites if the person does not allow them, so they are a security measure against hackers who stole passwords.

This dangerous new threat infects the computer by impersonating a Turkish cryptocurrency exchange called BtcTurk. You get the fake app online and then use your credentials. As soon as you do it, the malware will know your password and try to intercept your SMS messages. This way, it can get access to your cryptos.

The malware even has some techniques in order to prevent users from discovering that they have been attacked. For instance, the app can dismiss notifications that would generally appear and that would make the users perceive that they have been affected by some kind of threat.

Initially, the fake app appeared on Google Play Store on June 7. It was named BtCTurk Pro Beta and it was installed 50 times before it was reported. After the initial case, even two more versions of the software were also removed from the store because they also tried to fool people.

Unfortunately, cases such as this one are actually far from rare. Since cryptos cannot be seized (unless you are using a centralized wallet), it is tempting for the hackers to create programs that will use this in their advantage and many crypto-related businesses suffer from that.

BitMEX, for instance, reported that its P2P exchange had witnessed an influx of attacks. This is why according to the company (and everyone in the industry) security is essential when dealing with cryptos.

Without good security measures, you can easily lose your money to hackers, as they often have all the necessary tools in order to discover passwords and infiltrate into your account if you are not very careful.

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Author: Gabriel Machado

Ethereum 0x0 Wallet Currently Has More than $2M ETH and $15M Worth of Lost Other Cryptos

Ethereum 0x0 Wallet Currently Has More than $2M ETH and $15M Worth of Lost Other Cryptos

There are over $2m of Ether and more than $15m of tokens in Ethereum’s 0x0 address reveals Bitstamp. The largest amount of the cryptocurrencies were sent through a mistake and there is a possibility that the digital assets have been lost forever.

The Ethereum 0x0 address is among the most famous lost addresses which is at times used to burn tokens.

In the last couple of years, the address has been used in sending Ethereum (ETH) although mistakenly. Now, the address holds more that $2m of Ether and the cryptos will never be recovered.

The address is simple to cram as it has only zeros making it easy for people to send funds to it by mistake.

During the normative years of Ethereum, it was a common occurrence for miners to send funds to the address, albeit mistakenly, after failing to specify an address. This made the address more popular as a black hole and its popularity seems to be increasing among crypto worshippers.

Despite holding the high amount of cryptocurrencies, there are still high traffic of transactions coming in. Currently, the 0x0 address also attracts crypto based startups who want to burn tokens and has been labeled as a burner address.

The address has been linked to the genesis block which no one mines its making it inaccessible. This means that the funds in the address will never be recovered, therefore, approximately 7,672 ETH have permanently gone in thin air and the address is still receiving more funds.

A Pinata Address

At the moment, the 0x0 address can be referred to as a pinata. This means that the person who will succeed in developing computational power to open an encrypted personal key on the Ethereum blockchain will have all the funds in the address.

However, at the moment, this is impossible. It will take lots of time and resources before this can be done or it might never happen at all. For now, there is a heightened campaign to ensure that crypto enthusiasts are aware of the address to avoid making the mistakes.

Do you believe the 0x0 will ever be cracked? Share your views with us in the comments section below.

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Author: Joseph Kibe