What is required for the growth of the crypto money market?

What is required for the growth of the crypto money market?

According to the chairman of the Korea Finance Corporation, custody needs to be improved in order for the crypto coins to rise.

The head of the Korean Finance Corporation, Gong-pil Choi, made statements about the crypto coins. Linking the growth of crypto coins to the development of storage services, Choi has interesting facts. According to Choi, the market needs to be protected from risks such as cyber attacks in order to advance the market.
The Korea Finance Corporation can be defined as an institution that investigates and evaluates financial policies to strengthen the financial situation of the country. The company, which is known to act with the government, has recently made statements about crypto coins. President Gong-pil Choi in his statements on the management of Bitcoin open addresses and other issues related to crypto money wallets. Choi argued that the current wallets are burdensome and difficult for ordinary investors.

Storage services in the key role
Brokers and asset managers offer their users the service to store traditional assets because having an asset brings along various risks. It is obvious that such risks are also present in the crypto-currency area.

In his statements, President Choi says the preservation of crypto-money can make a big boom in the short term. According to Choi, investors will be looking for ways to invest in regular and safe ways for this asset class, which continues to rise.

Huge companies in the crypto-money area are also aware of the fact that Choi is expressing. As it is known, Coinbase has rolled up its sleeves to provide reliable storage services to its users. The US-based giant stock market is looking for ways to provide custody services for both individual users and institutional investors.

2018’s Distracting Heads and Hard Drops

2018’s Distracting Heads and Hard Drops

2018 was a year when the regulators put their weight on.

Bitcoin experienced hard turbulence over the years. Developments by both countries and businesses have led to a few sudden drops.
First of all, it is important to note that not all news of price movements are news. Nevertheless, the harmony between prices and news throughout 2018 is remarkable.

South Korea’s tough stance against crypto coins

In the second week of January and after Bitcoin’s fast-growing rally, investors thought that South Korea’s rigid regulations could change the course of the crypto money market . Bitcoin fell from $ 16,733 to $ 13,850 between January 7 and January 12. It was known that South Korea was investigating crypto coins. Then South Korea banned the crypto money trade to banks and the Bitcoin price went on diving.

The impact of South Korean news continued until late January. According to reports at the time, the Minister of Economy and Finance of South Korea said that the crypto money transactions are still a matter of debate and the activities related to the exchanges are discussed.

Worldwide worries and US regulations

Between January 28 and February 6, the price of the Bitcoin took a big hit. For the first time in 2018, it fell below $ 7,000. At the time, Bloomberg was told that US regulators could have taken over the crypto-money exchanges. In order to achieve this, negotiations were held with the SEC and the CFTC. Speculation, though, influenced the market.

By March, Bitcoin fell dramatically. The SEC’s statements made the Bitcoin price of $ 11,000 at a rate of $ 9,000. During the process, the SEC’s statements were that the stock exchanges should be in accordance with the established rules and would be supervised. As a result, it was announced that the crypto coins had to be registered with the SEC.

Goldman Sachs cancels OTC trading plans

In September, the multinational investment bank, Goldman Sachs, abandoned the OTC desk. Previously, it was said that the creation of OTC in Wall Street would be a great return. However, the news of Goldman Sach’s plan to abandon the plan was inevitable. The CFO of Goldman Sachs denied the news, but the damage was already given.

SEC announces penalties for ICOs

The price decline in the last month of the SEC or the BCH war was not known, but the SEC’s ICO decisions were just before the price changes. The SEC has punished a crippled money offer and has imposed some sanctions on crypto money for the first time in its history. According to the SEC’s statements, companies that were fined sent the funds back to their investors.

In general, Bitcoin’s fall cannot be attributed to a single cause. However, if we speak for this year and consider the price and the news, the developments in the regulations seem to have pulled the crypto money market down.

Crypto money mining continues to grow rapidly

Crypto money mining continues to grow rapidly

Crypto money mining continues to grow rapidly!

McAfee researchers; he analyzed the trend of malicious crypto mining software, Windows 10 Cortana vulnerabilities, blockchain attack vectors, mobile billing fraud practices and exploitability features.

McAfee , a cyber security company that offers a wide range of services, from devices to cloud computing , today released the McAfee Labs Threat Report: September 2018. The report examines the trends and trends in new cyber threats in the second quarter of 2018.

McAfee Labs found that crypto mining software, which started to grow in the fourth quarter of 2017, continued to grow during the first half of 2018. McAfee also found that the vulnerabilities used in the 2017 WannaCry and NotPetya attacks continued to be evaluated with new malware versions. 

Although it is more rare than ransomware, malicious crypto mining software has quickly become known in the threat field. With about 400,000 increase in the fourth quarter of 2017, examples of new malicious crypto mining software increased by 629% to 2.9 million units in the first quarter of 2018. This trend continued in the second quarter. The total number of samples increased by 86% with more than 2.5 million new samples. McAfee Labs has detected that mining features have been added to legacy malware, such as ransomware. 

In some cases, crypto mining has been targeted to target specific groups rather than a broader range of potential victims. A harmful group of crypto mining software targeted players on a Russian forum, appearing as a eden mod ğ claiming to have improved popular games. Players are tricked into downloading malware that uses their computer resources for their own profit. 

Although harmful crypto mining software primarily targets computers, there are other devices among victims. For example, Android phones with malware named ADB.Miner in China and Korea were used in Monero crypto currency production for criminals. 

Dik A few years ago , we didn’t think that Internet routers, video recorders, and other Internet of Things tools would be used for crypto mining. The processors of these devices were inadequate for this kind of production, sözler said Christiaan Beek, Senior Chief Engineer and Senior Chief Engineer at McAfee Advanced Threat Research. If I were a cyber criminal with 100,000 botnet of this type of IoT devices, I would be able to generate enough crypto money to provide a new and profitable revenue stream. 

Malicious Software

One year after the WannaCry and NotPetya attacks, the number of new malware samples specifically designed to take advantage of software vulnerabilities increased by 151% in the second quarter. McAfee found that the methods used by these two high-profile threats were used in new malware groups for different purposes. Similarly, new exploits are exploited to reveal completely new threats. 

E WannaCry and NotPetya are a powerful example of how cybercriminals can use malicious software to exploit vulnerabilities and quickly spread across networks, amacıyla said Beek. It is surprising to see that many vulnerabilities are used. This situation unfortunately shows that both users and organizations need to do a better job of closing the patches as soon as they come out. birçok 

Windows 10 Cortana Vulnerabilities

The research team discovered an open voice in Cortana, Windows 10’s audible assistant. When Microsoft released a patch in June to shut down, it could allow attackers to run code from a lock screen on a completely up-to-date machine (RS3 and RS4 before June patch) using Windows 10. McAfee was merged by Microsoft and focused on three research vectors represented as CVE-2018-8140. McAfee reported this vulnerability to Microsoft in April as part of its responsible disclosure policy. 

Billing Scams on Google Play 

The research team identified a new billing scam in at least 15 applications on Google Play. This new fraudulent activity shows that cybercriminals continue to find new ways to steal money from victims using applications in legitimate stores such as Google Play. AsiaHitGroup Gang behind fraudulent activities has been actively working since the end of 2016, when they spread Sonvpay.A, a fake installation application that tried to get paid for downloading copies of popular applications from at least 20,000 victims in most of Thailand and Malaysia. then, in November 2017, Sonvpay.B attack on Google Play was detected. Sonvpay.B, determine the country in which the victim is located from the IP address, 

Threats to Blockchain Security 

The research team identified the biggest security threats to users and those implementing blockchain technologies. Researchers in the analysis of phishing, malware and application deficits were identified as the leading attack vectors. 

2018 2nd Quarter Threat Activities

In the second quarter of 2018, McAfee Labs identified five new threats per second. These included new threats to the most recent successful technologies and tactics, using remarkable technical features that further enhance the defense of goals. 

The total number of ransomware samples continues to increase. This number grew 57% in the last four quarters. Although families of new ransomware were less likely than the previous quarters, the company said new versions of existing ransomware families were seen. For example, in the second quarter, the company identified a dozen new versions of the Scarab family of ransomware. These new releases account for more than half of the total number of edited versions of the family since it first appeared in mid-2017. 

Mobile malware. The number of new mobile malware samples increased by 27% in the second quarter. This was the second quarter of the quarter, with an upturn. 

JavaScript malware. An increase of 204% in new cases indicates that cybercriminals are transitioning to next-generation JavaScript malware. JavaScript malware, which declined significantly in the last three quarters, broke the record with 7 million new samples. In the first quarter, the number of these software was about 2 million. 

LNK malware. Although PowerShell was effective among malware developers in the past quarters, the growth rate of new samples dropped to 15%. However, new LNK malicious software continues to grow. Cybercriminals have started to use .lnk shortcuts more often to distribute malicious PowerShell command directories and other malicious software. The total number of samples in this category increased by 489% in the last four quarters.

Spam botnets. Gamut’s spam botnet left behind all others in the second quarter. In the phishing attacks for the Canadian Revenue Administration, this botnet was widely used. Recent attacks have been related to counterfeit job offers, which are frequently used for money leasing methods.

Crypto coins in 10 questions

Crypto coins in 10 questions

I have compiled what you need to know from A to Z about crypto coins, which are the recent economic trend.

With the increase in value gained in 2017, crypto coins, which broke the memorization in the economy markets and became a new area, have been the dream of those who want to be rich in the recent times. Therefore, the number of questions about crypto coins also increased. All you need to know from A to Z about crypto coins.

What Does Crypto Money Mean?

Crypto and currency (currency) words created by the combination of this term, encrypted money. There is no centralized institution where these funds are produced or controlled, and the money is generated over the internet. Digitally encoded and coded coins are recorded by blockchain method.

How and How to Produce?

The mechanism that determines the amount of production of crypto coins is the consumer. These funds are produced and sold according to demand and balance. Firstly, these coins started to be produced in 2008 and they are produced by the algorithms of the software. The money produced is stored in electronic wallets.

How are the transactions recorded?

The head of the software that manages this currency comes from the blockchain. This software, which means block chain, performs many basic operations such as production, sale and operation of crypto coins. The network security is also provided by this blocking system for the money received and sold anonymously.

Who Can Produce Crypto Money?

In theory it can be said that everyone can generate crypto money on everyone’s computer, but it is necessary to apply “mining” technique very quickly. The production mechanism of these coins is in the hands of Chinese companies. The software in the hands of these companies, the individual does not be able to do more and quick mining. It is more preferable to get ready for personal production.

Where are Crypto Coins Stored?

Coins stored in the Blockchain network can be controlled via personal digital wallets. Wallet information is written to the network called public key. You can manage your wallets with software like Exodus. If you want to keep your money in a safe way, you need to keep your private key information, not share it with anyone, and get your money from reliable sources.

Is There Physical Reserve?

It is not possible to use crypto coins as concrete or banknotes. But this money has a currency like euro or dollar and you can cash your crypto money at any time.

How Many Pieces Has Crypto Currency?

New crypto currencies appear almost every day . In addition to brands such as Bitcoin , Ethereum, Ripple, Litecoin, there are more than 1500 crypto currencies.

How Reliable?

While the crypto currency has a solid firewall, some errors can occur due to its anonymous feature and human factor.

Is it Legal or Illegal?

Although crypto coins are banned by some countries, they are free to use in countries such as the USA, China, Japan. But it can also be used illegally because of money laundering and illegal transfer.

How Much is a Crypto Money Buying Value?

The value of crypto coins can undergo rapid changes depending on different elements.

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