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gorizont-biz · 4 months ago

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Bankruptcy of cryptocurrency exchanges: Risks, challenges and regulatory perspectives

Despite the growing number of companies owning cryptocurrencies, there is little clarity on how to handle these assets in bankruptcy scenarios. The lack of clear guidance from bankruptcy courts regarding the classification of cryptocurrencies under insolvency law creates uncertainty for creditors. Unlike traditional currencies, cryptocurrencies are in a regulatory gray area in bankruptcy proceedings.

The bankruptcy process of cryptocurrency exchanges

The bankruptcy process of a cryptocurrency exchange begins with the filing of an insolvency petition, after which the court begins the process of liquidating the assets of the exchange to satisfy creditors. The important question is who owns the funds - the exchange or the customers. The court then sets the order of distribution of assets, considering the priority of creditors and the possible value of cryptocurrencies. This can lead to significant losses for clients if their funds are recognized as corporate assets. Importantly, the valuation is affected by the high volatility of cryptocurrencies.

When a cryptocurrency exchange becomes insolvent, customer claims arise in two main areas: trading-related and asset custody-related. Trading-related claims arise when an exchange has been unable to execute a trade due to its bankruptcy. Often these situations are spelled out in contracts, and the exchange can avoid liability. Custodial claims relate to customers' rights to cryptocurrencies in trust wallets. If these assets are deemed to be the property of customers, they get priority for return. Otherwise, customers can only rely on the total liquidation amount, which increases the risk of loss.

Key issue: ownership of crypto assets

Clarifying the legal status of cryptocurrencies is critical to the distribution of assets in bankruptcy. For example, in Ruscoe v Cryptopia Ltd, New Zealand's highest court recognized cryptocurrencies as property, giving individuals ownership rights. However, different jurisdictions classify crypto-assets as either a property right (title) or a claim.

The issue of ownership of digital assets in cryptocurrency exchange bankruptcy is key to determining the rights of customers and creditors. Assets held by an exchange may be recognized as part of a company's corporate property. This means they will be used to repay the exchange's debts to creditors, including those who are not customers. For example, in the Celsius Network LLC case, the court ruled that the assets held by the exchange belong to the company itself, not the customers. This decision leaves users in a less favorable position as their funds are shared with other creditors, which can result in significant losses. This precedent underscores the importance of clear regulation of digital asset ownership and fair distribution of assets to all parties in bankruptcy.

Cryptocurrency volatility in assessing damages and the Mt. Gox bankruptcy precedent

In 2014, Mt. Gox, one of the largest bitcoin exchanges, filed to bankruptcy after a massive cyberattack that resulted in the theft of 650,000 bitcoins. At the time of the bankruptcy filing, the company had 202,000 bitcoins remaining. During the process, their value grew significantly, reaching $1.5 billion by 2018. The receiver decided to value the assets at the value at the time of the bankruptcy filing, which allowed all creditor debts to be fully satisfied and kept a surplus of $1 billion. This case highlighted the importance of choosing a fixed date for asset valuation to avoid confusion and strategic delays from creditors. Mt. Gox also demonstrated the benefits of taking a strategic approach to managing cryptocurrency assets during the bankruptcy process, which can be beneficial for both debtors and creditors.

European regulation: MiCA and the new approach

MiCA Regulation (EU) 2023/1114, published on June 9, 2023, creates a single regulatory framework for cryptocurrency markets in the EU. Its main objectives are to protect investors, ensure financial stability and promote innovation. The regulation also addresses issues that arose during the FTX crash by imposing stricter governance, transparency and capital requirements on cryptocurrency companies. It requires most crypto asset issuers, traders and exchanges to be present in the EU for operations, which aims to improve oversight and compliance in the cryptocurrency market.

The crypto industry is a very young financial industry, and only with time and after precedents will a legal framework be developed to regulate assets at government levels. However, the lack of regulation is seen by many crypto-enthusiasts as more of a plus due to distrust of government regulations, but as we see from history, it carries significant risks. Still, looking forward, we see the prospect of digital currencies developing as full-fledged assets.

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cryptolegal · 8 months ago

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Understanding the Crypto Exchange Licensing Process in India

Understanding the Crypto Exchange Licensing Process in India Cryptocurrency exchange plays an important role in the digital financial landscape of India. However, the legal framework for this landscape keeps changing, creating uncertainty among investors. It continues evolving as there has been a rise in cryptocurrencies, with people investing in digital currencies such as Bitcoin and Ethereum. Hence, regulatory authorities in India are continuously working to establish clear guidelines and legal frameworks. Let's have a detailed look at current crypto regulations.

Current Crypto Regulations

The crypto regulatory framework has always been uncertain in India, especially when the Supreme Court put a ban on crypto exchanges in 2018. The Supreme Court of India removed the ban in 2020 but still couldn't establish strict regulations. However, we have a few financial regulations, such as anti-money laundering (AML) and Know Your Customer (KYC). Unfortunately, they are not formal regulations, creating a room for ambiguity.

The government plans to develop a proper draft bill that can provide clarification on all crypto operations. Meanwhile, users must get crypto exchange licensing for security reasons. So, let's look at a few licensing requirements.

Licensing requirements

Anti-Money Laundering: Anti-Money Laundering (AML) prevents financial fraud that might happen during crypto exchanges. Its systems work to detect money laundering.

Know Your Customer: Dealing with crypto exchange requires proper identification. Hence, implementation of KYC is required. KYC regulations ensure protection from illegal activities.

Taxation: In 2022, the government of India imposed a 30% tax on crypto profits and 1% Tax Deducted at Source (TDS) on all crypto exchanges. So, you must adhere to all these tax compliances if you are a trader or investor.

What is the future of crypto regulations?

The Indian government plans to release a cryptocurrency bill after realizing the popularity and growth in the crypto industry. A bill will ensure minimal fraudulent activities and more supervised exchanges. Also, it will classify the digital commodities under Securities and Exchange Board of India (SEBI) regulations. So, we can expect changes in current crypto exchanges.

Licensing will be mandatory if you wish to enter the crypto world. So, applications will be compulsory to regulate all the operations.

You will be asked to maintain a certain capital, like the banking system. Your future funds will be protected as a trader or investor.

Regulatory authorities will frequently audit crypto users to ensure that exchanges are done under all the compliances.

Challenges that might come in future crypto regulations

One challenge that many people might encounter is obtaining clarity about crypto regulations. Even today, many businesses are exchanging digital assets without proper understanding of crypto licensing. It creates security issues leading to illegal activities. These issues can be solved with a robust security system like licensing.

Conclusion

It's been years since cryptocurrencies are operating in India. However, it's still in the early stages with no clarity among the crypto users. Fortunately, the government is working to develop a comprehensive regulatory system. Meanwhile, you must get a crypto exchange license and comply with AML and KYC to protect your funds. Much needed regulatory guidelines should be necessary to enhance security.

Disclaimer: The content on this blog is for informational purposes only and does not constitute legal advice. For advice specific to your situation, consult a qualified legal professional.

#Crypto Exchange Licensing #Crypto Exchange Licence in India

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market-news-24 · 1 year ago

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nickcifonie · 4 years ago

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In 2021, Anyone Can Make $ Playing Video Games!

I grew up playing games like Risk, Monopoly, a little Chess... and still remember buying my first computer somewhere around 1986 solely to play a computer game on. It was an Apple IIc, and that first game was some type of Pirate Adventure. I wish I remembered the name. It wasn’t all that good, but still, I was hooked!

Since that first adventure, I’ve spent thousands of hours as well as dollars playing just about every type of digital game that has followed! PC games, Atari, Wii, mobile games... you name it, I play it! I’d always generalize the cost (to myself at least) thinking “some guys play golf 3 days a week at $100 a round... I play computer games”.

That’s my story, and I’m sticking to it! However, the story has changed...

“Pay to Play” has become “Play to Earn”!

If you would be to search terms like “crypto games”, “blockchain games”, “make money playing video games”, and others, you’d find some really incredible statements. Today, quotes like the ones below are becoming more and more common!

“I made $400 last week playing a computer game” “I just sold my RPG character for $200 profit”

“I was offered $1k for a skin for my laser rifle of doom” (I made up the “laser rifle of doom” part)

“I bred my pet thingamajig yesterday and sold the baby!” (it’s digital, for those of you wincing)

In 2021, thanks to the blockchain, there’s a growing community of gamers who are making real dollars daily, mining, fighting, shooting, jumping... all while playing the same type of mobile and PC games that you had to PAY to play just a short while ago...

...but let’s start at the beginning.

You paid $172,000 for a what!?

Yes... all the way back in 2018 a CryptoKitty named “Dragon” was sold for an incredible $172,000. (300 ETH) Don’t be too surprised, it’s justified! It’s an adorable digital image, or “NFT” of a cat, after all.

It’s a lot of money, but for NFTs and blockchain gaming, flipping a Kitty today may as well be considered the stone ages. It’s still a record, but while you can still get started collecting these digital felines for as low as a couple of dollars, big-dollar trades still happen daily.

On the flip side of mortgaging your home to buy a digital picture of a CryptoKitty, Bored Ape, or CryptoPunk, you may feel better if you begin your adventure into making crypto (it’s real money, dear!) by playing a video game where you can “make money” instead of spending it.

I’m not saying owning a CryptoKitty or any of a plethora of “Avatar NFTs” we see popping up on various exchanges isn’t one way to do it... I’m saying to me at least, as a life-long gamer I’d much prefer playing a mobile, console, or PC game to collecting pictures in a digital wallet.

So what the heck is an NFT?

I could go into a long explanation... but since this article is about gaming and not cryptocurrency, I’ll tell you an NFT is a “non-fungible token”, and leave you google it if you really want to dig in deep. I do want to share more, so I’ll ‘splain it as simple as I can for you Lucy!

A CryptoKitty, as stated above, is a type of image called an NFT. (the collection is called “CryptoKitties) It’s a digital picture of a cartoon cat. There are thousands of different ones that have different shapes, colors, expressions and traits. (kind of like a real cat, but eats less)

The difference, is only one of each design is actually a legitimate “CryptoKitty”. (or a legitimate whatever type of image it happens to be) To be clearer... each NFT is a “one of a kind”, so if you’re thinking “but can’t I just make a copy?”, nope you can’t.

I mean... you “can” make a copy of it if you really dig the design and want it on your desktop, but it would only be a copy of that particular NFT, not the real McCoy! Ok... so what makes one real, and the rest fakes? The blockchain.

Now, I’m going to be true to my word and keep my promise of not making this an article about crypto or the blockchain, so just know this: the difference between an image that is an actual NFT, and a copy of one, is there is an underlying digital code that designates the real thing.

So real in fact, that artists are creating or importing their paintings and creations to the web as NFTs, numbering them as they would a lithograph, and selling their entire collections. So if you are an art fan, check with your favorite creators... you may be surprised to find all of their “works of art” on an online marketplace!

NFTs are viewed on certain marketplace websites and digital wallets where the copies cannot be displayed, so that is how we know one is real, and the others are not! Having said that, sure, there’s more to it, but just know that there’s a 100% secure way of knowing an image is a real NFT.

In addition, there can be more than one NFT with the same identical image. However, each has a unique underlying code, so even if they look exactly the same, they are not! Look at it like the playing cards or comic books of old... there may be 1,000 created (or “minted” as it’s called in NFT land) but they will each be numbered 1 to 1,000.

And guess which is more valuable.....? I knew you’d get it!

And these NFT’s make money how?

You’re getting warmer! There are a lot of different types of games coming out these days where you can make money playing. There are RPG’s, MOBA’s, Shooters, games in first person and in third, dungeon crawls... you name it!

If you’re thinking “how did I not know this!”, I was the same until recently! I have been gaming almost daily since I stepped into Ultima Online back in 1997, and I can’t even begin to tally how many hours and/or dollars I’ve invested into gaming.

Now, our hobby pays!

After 30-something years, my wife still thinks I’m bonkers... but I got a totally different look from her a few days ago when I told her I sold my game character for well over $200. Legit. I sold two more yesterday, and another this afternoon.

Some of these only cost me $10 or $15, some much more. Some are free. I sold another NFT character last week for $1,950, and it was sold on the game’s website, not on the black market.

So not only can an NFT be a picture of an Ape, Vegetable, Duck, or Stripper on a pole (we’ll leave it at that) but it can be a character in a game, a weapon, a mount, armor, or more.

One game is giving away free pet turtles with each character. For the uneducated on “pets” in computer games, it’s not the kind you keep in a bowl in your bedroom. It’s a companion that fights with you in an online game and may shoot fire from its eyes, heal you, or similar.

Soon after being handed out for free, they’re now selling for around $60 each.

So an NFT can be an image, a video, music, a meme... or even a shirt or shoes! But we’ll leave the NFT clothing explanation to another article. ;)

Remember that rare skin you paid out the nose for a year ago in Apex? Or the L33T character you built up in Fortnite or Warcraft? If you’re no longer playing that game, it’s money under the bridge. And you don’t own the bridge!

In this new breed of blockchain games, you could have LEGALLY sold that character, skin, weapon, land, house, mount, or whatever it was when you tired of the game. For a profit. Maybe for a LARGE profit.

Yes, in the past we were able to find ways to get around the system and dump our pixels from time to time. We’d sell the account on the black market, or cut a deal with someone like a drug dealer on a Chicago Street corner. Then we’d over who went first...

“You give me the account and weapon first!” “No you give me the money first”. Sometimes the deals even went through. Others well... let’s just say half of the parties walked away happy.

I made good money when after 4 years of daily playing I sold my Ultima Online account for somewhere around $2,000, but I needed to find a trustworthy “go-between” to broker the deal. Even then, I was sweating it!

With today’s crypto games, not only do the games provide the platform to buy, sell, or trade your character and items, but it’s encouraged, and done with good old U.S dollars! I’ve made $ playing 4 or 5 different games already this week, as well as flipping (buying low and selling higher) NFT characters!

How else can I make money playing games?

The way you earn varies from game to game, but each week seems to reveal another new strategy, platform, or idea. Many are new strategies, and while some have “triple A” 3D animation and graphics, others are simpler and use basic one-dimensional graphics for the gameplay.

Some of these games are actually tied to a token on the blockchain. The game developer creates their own token, not too unlike Bitcoin or Ethereum, and it can be bought or sold on the open market as well as used in the game as currency.

Could you imagine if back in League of Legends, Guild Wars or Final Fantasy, when you were ready to move to a new game, you could sell or easily convert your gold to cash? Some of today’s blockchain games encourage it!

Not only can you now buy and sell characters and weapons, the gold in the game can be traded, bought, sold, or saved like real currency, stocks, crypto, or collectables. Never have I been as excited about PC and mobile gaming as I am today!

As an example, I am doing some work for a new game that will launch soon called Pepper Attack. Pepper Attack has its own token or coin... called MYTE. It can be used in the game as currency, but also be traded like Bitcoin. A lot of today’s blockchain games offer this same benefit.

Hi ho, hi ho, it’s off to mine I go!

Just by owning an NFT from the game, you can login on a daily basis and click “mine” earning real-value tokens passively. Your Pepper goes to work like one of the 7 Dwarves mining MYTE, and later on you can convert it to other tokens or cold, hard cash.

There's more to do in this particular game as well. Like any good RPG or MMORPG, each pepper has a unique combination or skills like attack, defense, evade, hit points, and more. As an example of the possibilities, if you have a high attack score, other characters will be able to pay you in MYTE to “train” them, raising their score as well.

In addition, these NFTs have unique physical traits, some are common and some are very rare. This game in particular have toons that look more like anime-ish elves with weapons and a stem... I have to admit the artwork is really spicey! (see what I did there?) Other games are of course totally different.

Some people will simply collect these NFTs/characters as an investment, like playing cards or comics. Others will use them in the game, and still others will do both. Either way, they can be held, or sold for a profit!

Unlike the games of the past, when you’re ready to move on you don’t walk away and lose all the $ you have spent for characters, skins, weapons, potions, and other items. When you’re done, you’ll be able to sell your character and items... possibly for a profit... maybe a lot of profit... and move on.

These are not your father’s computer games!

As we move ahead in the genre, we are seeing AAA studios coming out with big-dollar productions, like Blankos, Mist, Illuvium, Ember Sword and others. Some of these games actually let you buy the land you build on!

Did you have your own house in Ultima Online, Star Wars Galaxies, or Archeage? What if you could have used It as a shop and been paid in dollars for your wares, rented it to another player, or sold it for cold hard cash at a huge profit down the road?

In many of today’s games, not only is it common, but extremely hard to come by, and quite expensive. Not only are people paying thousands of dollars for a plot in some of the games that have land, but they’re paying it many months before the game is even released.

They do it, because in many cases they know that they can easily 2X, 10X, or even 50X their investment a short piece down the road. Seriously? Seriously... and the early bird catches the worm!

Other games with lesser budgets are more graphic-based, but have super earnings potential as well, and are just as fun to play. These include Splinterlands, (a card game like Magic!) Crypto Blades, Axie Infinity and more.

Regardless of if the new blockchain game of your choice is a RPG, MOBA, a card game or racing game... the fact that you can put some coin into your pocket playing adds a whole new element. It’s heckafun making money playing a game!

The early nerd catches the worm!

In many cases, if you can catch a game before it releases, the land, characters, weapons, and other items... in most cases all NFTs... can be grabbed at a tiny fraction of the future value.

Of course, always check out the game details and team first, and be confident it’s a good place to put your money. Not all games are made the same.

If you’re lucky enough to find out about and partake in an early sale, for example, like grabbing a character NFT or two in “Pepper Attack” before the late September launch date, you may be in for a real treat!

There are plenty of new titles coming down the pipe that look to be fun, have great communities, and offer earning opportunities. A web search will find services and websites that will keep you on your toes and alert you of upcoming blockchain game releases, marketplace opening, and more.

As we look forward, the future of gaming on the blockchain is really, really exciting! Not only are the games getting better and more fun, but they’re getting better at making the economics work more smoothly as well.

The games are not without challenges, as they need to be made to sustain themselves economically over the long haul. In addition, they need to have higher levels of security (thanks blockchain!) and of course, work without becoming “pay to win”. Thankfully, the new breed of developers have risen to the challenge!

The next time you look for a new game to add to your phone or desktop, or just want a change of pace, look to a game that pays to play! Your wallet might thank you.

Another perk, is your husband or wife will appreciate it as well! Instead of hearing “are you going to play that stupid game all night again?”, you may start to hear things like “I’ll put the kids to bed tonight sweetheart, so you can get online and play”.

One can only hope...

Author - Nick Cifonie

Nick is a lifelong gamer, who cut his teeth at the local Chicago arcade playing Tetris as a teen. Better known as Znick or Deacon Z, Nick became a Game Master in Ultima Online in 1997, ran a large multi-game guild for 15 years, and now spends his time in the “play to earn” arena. Professionally, Nick is a writer and 4-decade marketer working with the Pepper Attack team, as well as others. Nick is also a Catholic Deacon.

#nftart #nft marketplace #nftdrop #nftgallery #nftnews #nftcrypto #cryptoart #nftcommunity #nftartist #crypto #blockchain #nonfungibletokens #nft games #nft

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jesicas · 4 years ago

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Best Forex Brokers in Australia

This article is related to the best forex brokers in Australia and the characteristics and features provided by the broker for a better way of trading.

Read these articles properly; it helps a lot in the forex market. Choose the broker according to this article because it is a completely safe broker in the market.

What is Forex Trading?

Forex trading is the medium of exchange of one currency into another currency. It is one of the largest markets in the world, where the per day transaction is around $6.6 trillion. The forex market is run globally, but four major cities are located in Sydney, New York, Tokyo, and London. This is the only market in the world where the profit and loss are uncertain.

Which is the Best Forex Brokers in Australia?

ETFinance

ETFinance was founded in 2018, and it is operated under the name of Magnum Forex Ltd. It is approved and regulated by the Cyprus Securities and Exchange Commission (CySEC). The brokerage company offered 250+ CFDs instruments on different types of assets like forex, cryptocurrency, commodity, metals, indices and stocks. The trader has to pay the initial amount of money, USD 250; after that trader starts trading with this broker. The trader can trade via the most popular MetaTrader 4 platform. In this company, the trader initially uses the demo account to gain experience in the market and learn something that will apply to the market.

What are the characteristics and facts of the ETFinance broker?

It is the topmost famous broker in the market.

The headquarters of the ETfinance is located at 1 Agias Fylaxeos Street, 3025 Limassol.

The broker offers the maximum leverage is 1:500 to the professional player of the trading and 1:30 to the retail traders.

The deposit and withdrawal option of the ETFinance brokerage company is Credit Card, Wire Transfer.

The brokerage company doesn’t charge a commission on trading.

The tradable assets of the brokerage giants are Currencies, Commodities, Stocks, Crypto, Futures.

The minimum spread is 0.03 in the brokerage company.

The company offers a Swap discount of 50% to professional traders.

There is no fixed spread in this broker company.

The company provides 24/5 customer support service to traders.

Spread of silver account

Gold 0.59

Crude oil 0.07

Dax 2.20

EUR/USD 2.20

GBP/USD 2.8

USD/JPY 2.3

Spread of the gold account

Gold 0.48

Crude oil 0.05

Dax 1.5

EUR/USD 1.3

GBP/USD 2.0

USD/JPY 1.5

Spread of Platinum account

Gold 037

Crude oil 0.03

Dax 1

EUR/USD 0.07

GBP/USD 1.3

USD/JPY 0.8

HFTrading

HFTrading is the brand name of CTRL Investments Ltd, and it is approved and regulated by the New Zealand Financial Markets Authority (FMA) and Australian Securities and Investments Commission (ASIC). The brokerage company offers 35+ CFDs instruments on various assets like forex, commodity, metals, indices, cryptocurrency and stocks. The broker provides commission-free trading for all the traders. The broker also provides the educational material for a better understanding of the level of the market. The characteristics of the HFTrading broker is amazing as compared to the other broker in the market. read more

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aspirenowglobal-blog · 4 years ago

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Ban on Crypto currency- Boon or Bane?

Recently, the government has initiated introduction of a new bill to ban crypto currencies like bitcoin, altcoin and create its own digital currency. The idea of ban on cryptocurrency has created a paranoid situation for industry leaders and entrepreneurs. This is not the first time that the topic of “cryptocurrrency ban” has come into limelight. The Reserve Bank of India (RBI) had prohibited the buying and selling of cryptocurrencies for two years before the ban was overruled by the Supreme Court in March 2020.

The bill drafted aims to “create a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India (RBI)”. Governments from all over the world are working to regulate cryptocurrency and its working. However, there isn’t any major economy which has been successful in taking this bold move. The major concern of government includes illicit trading in cryptocurrency. The central bank has time and again raised its concerns regarding the rising usage of digital cryptocurrencies and the growing risks associated with them. Increasing level of black money due to absence of any regulatory body is a huge threat in the usage of cryptocurrency. The government in 2018 cited “various risks associated in dealing with such virtual currencies.” High chances of money laundering, fraud and even terrorist funding may exist.

On the other hand, entrepreneurs and industry leaders criticized the proposal of ban on cryptocurrency and urged the government to consider regulating the crypto currency exchange. Currently, over 7 million people own over $1 billion worth of digital assets in India. Industry leaders view cryptocurrency as the future of new age trading and innovative technology. Proponents of cryptocurrency do believe that there must be digital currency just the way US, China etc. are trying to create their own currency. However, a complete ban on cryptocurrency would further create chaos. To safeguard the interests of the nation, regulation of the currency is more feasible than imposing a ban on cryptocurrency exchange. There are a lot of countries like Japan which have regularized cryptocurrency under their jurisdiction.

The need of the hour is to consider the pros and cons of the proposed bill and not curtail the right to buy and sell cryptocurrency. A regulatory authority should be set up to control the working and functionality of cryptocurrency like bitcoin, altcoin and etherium.

Click here to get detailed information regarding understanding cryptocurrency.

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tammm551 · 4 years ago

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Gen Matsuda, CEO of Beat HD (9399 TSE), is under Police Investigation. His Dubious Business & Political Partner, Yasushi “YASU” Kikuta, Leaked.

Gen Matsuda, the CEO of Beat Holdings Limited (TSE 9399), is under police investigation --- his business and political partner, Yasushi “YASU” Kikuta, leaked it and the screenshots were revealed.

According to the screenshots, police are repeatedly questioning Mr. Matsuda for his past “information product seller” period and the top of Beat Japan shared it with Kikuta-san (Mr. Kikuta). These pictures are considered having been taken around Wednesday November 4th, the U.S. Presidential Election day in Japanese time. Therefore, the conversation includes the topic.

For his old questionable businesses, Matsuda has frequently been whispered and criticized such as “Investment Fraud”, “Anti-Society Group (Yakuza)” and “Information Product Seller” . In April, He resigned his previous CEO position in OKWAVE Inc. (3808 NSE) for the suspicion of insider trading , and then become the president of Beat HD.

Besides this troublesome businessperson, YASU Kikuta is now the auditor of Japan Business Leadership Council (JBLC), an organization chaired by Matsuda. Kikuta serves as the CEO in a Malaysia based company, ETA HOLDINGS which often announces partnership with Beat HD.

[ JBLC Website https://www.j-blc.org/ ]

<ANNOUNCEMENT> [Crypto Messenger Wallet のライセンス供与等に係る覚書締結に関するお知らせ]（2020 年 6 月 16 日） https://irbank.net/9399/140120200616445756

<ANNOUNCEMENT> （続報）Crypto Messenger Walletのライセンス供与等に係る覚書締結に関するお知らせ（2020年7月10日） https://www.nikkei.com/nkd/disclosure/tdnr/20200710460797/

[ ETA HOLDINGS Website ] https://www.eta-hd.com/

The headquarter of ETA HD looks located in Labuan, Malaysia.

[Twitter account of Kikuta] https://twitter.com/ETA_CEO

[Facebook Account of Kikuta and the Pictures] https://www.facebook.com/yasushi.kikuta.1

This time, we investigate Kikuta who revealed Matsuda’s scandal while cooperates with him in various stages. The result was astonishing: this person has a deeply suspicious background.

<Kikuta’s Official Profile> "After graduating from the Faculty of Music in Tokyo University of the Arts, Kikuta joined Sony Music Entertainment Inc. After working for Sony Corporation, he had become the Vice President at Sony Corporation of America, Sony Music Entertainment.

Then he joined SoftBank Group Corp. in 2006, and led the content business strategy of SoftBank Group Corp. as General Manager of Marketing Division of SoftBank Mobile Corp.

In 2010, Yasu Kikuta established SEVEN STARS ENTERTAINMENT and oversaw the financing of film and sports marketing businesses as a founder and co-representative.

Since 2012, he had been appointed as the General Manager of a Japanese corporation under Bluegold Capital group, which is headquartered in Singapore.

In 2018, he became the representative of ETA HOLDINGS Co., Ltd. in Malaysia. For the past 25 years, he has been involved in business incubation centered on entertainment, fintech and finance in Japan, North America, Europe and Asian countries.

"From the Faculty of Music in Tokyo University of the Arts, built up the career through SONY MUSIC, SONY, SOFT BANK, then established ETA Holdings in Malaysia! CEO / Managing Director / Director of JBLC"

<Kikuta’s True Profile>

While his bright official profile, various sources provided us his secret but true past course of career and it’s not splendid as the open one.

Kikuta actually graduated from Tokyo University of the Arts. However, at the college, he realized that he cannot make a live on his musical career by his majored instrument bassoon. Thereby he joined Sony Music as a new graduate and worked very hard at the company. As a result, he could transfer to Sony Co. and moved to station in New York for seven years.

Despite his success in Sony, he left Sony for unknown "some reasons". After working at a SoftBank (video-related) subsidiary, he changed his job to Fields Co., a pachinko (Japanese mechanical gambling game) company. In the company, Kikuta secretly tie up with Kenichi Egashira, CEO of Engagement Co. at present , to gain illegal income such as kickback. However, the fraud was revealed and Kikuta had to leave there and joined a martial arts promoting company as the president of the Japanese branch. After that, he job-hopped and worked as an director at two companies, Legit Co., Ltd. and Earth Agency Co. (EA) . At Legit, Kikuta quarreled and broke up with the co-executive, and also caused serious financial troubles at EA then he was kicked out .

In 2016, Kikuta joined JCU which a political organization related to Japan and the United States relation. In addition, he started leading a crypt-currency business in 2018 but resigned after being investigated for repeated fiscal disorder and several harassment cases. Moreover, it is said that Kikuta is now under an investigation on suspicion of illegal acts such as fraud and embezzlement. Currently, he officially announces that he is active as the president of ETA Holdings, which was established in Malaysia, and the director of the Japan Business Leadership Council (JBLC), which was established in Japan. However, it is said that there’s no activities other than sticking to JCU and Liberty Ecosystem PTE. Ltd., which he had to resign for scandals, and being a just flunky of Gen Matsuda of Beat HD.

As for his family, Minako Kikuta who the spouse of Yasushi is a full-time housewife from Nagoya. His son is Koh Kikuta and he studies at IGB International School in Selangor Darul Ehsan, Malaysia. Together with Yasushi, they are living a luxurious life in a huge condominium with a swimming pool called Desa Park City by money stolen from various companies and organizations.

In sum, Yasushi “YASU” Kikuta is a “scammer” who has caused financial troubles in every companies he was involved.

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apolloctuk · 5 years ago

Video

youtube

Katy Perry - Roar (From “The Prismatic World Tour Live”)

Trendi SwitchForest RowHome Improvement EXPERIENCEMarketing Manager at Taylor Swift LondonOct 2014 - PresentMusic PromoSocial Media Assistant at Katy PerryMay 2014 - PresentProducing Katy Perry related content mostly to engage fans on Facebook, tumblr, Twitter, Pinterest, IG and dealing with fans. I worked directly with Katy Hudson the boss of Katy Perry singer songwriter before going it alone and Katy Perry is in the top 5 of social media accounts for likes and follows 100million plus on 2 platforms IG and Twitter 60million on facebookKATY PERRY MUSIC UNIVERSITY at StudentMay 2014 - PresentPop culture studiesTrustee at The Katy Perry Charitable TrustOct 2014 - PresentTHE KATY PERRY CHARITABLE TRUST This charitable trust is a non-profit irrevocable trust set up for charitable purposes in the name of its patron Global singing superstar and UN Goodwill Ambassador Katy Perry. It is set up and run from England and under English law it is a form of express trust dedicated to charitable goals. Exempt from most taxes freedom is given to the trustees as the trust demonstrates both a charitable purpose and all of its work is of public benefit. Its main purposes are:- 1) Relief of Poverty 2) Promotion of Education 3) Promotion of Spiritual Healing 4) Benefit of Animals 5) Disease Abolition The trusts purposes benefit the public and not any individual and its chosen locality to offer particular help is the South East of England although a great deal of its work has a Global impact. The trust does not campaign for legal or political change although the trustees discuss political issues in a bi partisan neutral manner. The beneficiaries of the trust are represented by the Attorney General for England and Wales who as parens patriae appears on behalf of the Crown. Any disputes arising at the trust are under the Jurisdiction of the High Court of Justice and the Charity Commission who regulate, promote and provide advice and opinions to the Trustees. Campaign manager at Birkbeck, University of LondonSep 2014 - PresentVolunteering at South East Coast Ambulance Service NHS Foundation TrustAug 2014 - PresentIndependent Distributor at Forever Living Products InternationalFeb 2014 - PresentFisioterapia at Maidstone and Tunbridge Wells NHS TrustJan 2014 - PresentThe Royal British LegionJan 2014 - PresentPatient Reviewer-PPR Panel at The BMJDec 2013 - PresentLobbyist at Australian Marine Conservation SocietyOct 2013 - Presentactivist at Bipolar Awareness ~ Stop the StigmaOct 2013 - Presentactivist at Human Rights Action CenterOct 2013 - PresentOperations management at OpenMediaOct 2013 - PresentMicro-Volunteer, Online Activist at Friends of the Earth AustraliaSep 2013 - PresentWriter at We Are ChangeSep 2013 - Presentactivist at Fight For The FutureSep 2013 - PresentFriends of the Earth IrelandSep 2013 - PresentLobbyist at World Resources InstituteSep 2013 - Presentactivist at EarthworksSep 2013 - Presentactivist at End Ecocide EnglandAug 2013 - PresentmySocietyAug 2013 - Presentactivist at Amazon WatchAug 2013 - PresentWWF InternationalAug 2013 - PresentLobbyist at Fight For Our ReefAug 2013 - Presentactivist at End Ecocide on EarthJul 2013 - Presentactivist at Rainforest Action NetworkJul 2013 - PresentActivist on the US Official Public Register at EarthjusticeJun 2013 - PresentCampaign manager at CREDO MobileJun 2013 - PresentResearch, Communications, Advocacy at Oil Change InternationalMay 2013 - PresentActivist and Political Lobbyist at The Safina CenterMay 2013 - PresentOnline Campaigner & Lobbyist at Organic Consumers AssociationSep 2012 - PresentSAFEGUARDING THE EARTH at NRDCSep 2011 - PresentManaging Director at PSYCHERIGHTSUKAug 2011 - Presentsocial enterprise under the BIG SOCIETY directives helping the mentally illWriter at Corporate AccountabilityFeb 2011 - PresentCEO at Beaufort Treasury S AOct 2010 - PresentKATY PERRY'S Personal Crypto Currency Banker @ BEAUFORT TREASURY S.A. Elite Financier Diamonds Objet d'Arts Antiques Jewelry 1st Editions Folios AMEX Trained Volunteering at Amazon ConservationOct 2008 - PresentOnline Activist Fully Paid up Member at Friends of the EarthSep 2008 - PresentMember/Donor/Supporter at Friends of the Earth EuropeSep 2008 - PresentMember and donor at Friends of the Earth InternationalSep 2008 - PresentOnline Activist, Micro-Volunteer at Friends of the Earth U.S.Sep 2008 - PresentVolunteering at Mission BlueJan 2008 - PresentConveynor of the Royal Tunbridge Wells Bipolar UK self help group at Bipolar UKApr 2007 - PresentMember, one of tens of millions at AvaazJan 2007 - PresentManaging director at GM RECORDSLtdJul 2006 - PresentRecord Label working on a Charity compilation Album on behalf of 3 Mental Health CharitiesStockbroker-Licenced Dealer in Securities by DTI at Harvard Securities plcJan 1987 - PresentPark Attendant at London Borough of Waltham ForestJun 1986 - PresentChief executive officer at aleph waw taw 888Oct 1981 - PresentChief executive officer at Abbey Life AssuranceOct 1979 - PresentAlpha Taw 888 at Masonic Hall FavershamAug 1973 - PresentCampaign manager at Real Coastal WarriorsCurrently works hereGM RecordsCurrently works hereChief executive officer at PsycherightsUK LtdCurrently works hereCampaign manager at Royal Albert HallCurrently works hereCampaign manager at ActionAidCurrently works hereCampaign manager at The Rainforest Foundation UKCurrently works hereChief executive officer at GB Foreign legion S.A.Currently works hereWriter at Care2Currently works hereCampaign manager at NIHRCurrently works hereTechnical support at Environmental Investigation AgencyCurrently works hereCampaign manager at Oxford Health NHS Foundation TrustCurrently works hereLobbyist at Food Democracy Now!Currently works hereChief executive officer at Grand LodgeCurrently works hereCampaign manager at PSI - Public Services InternationalCurrently works hereDISABLED MEMBERS OFFICER/MEMBER OF GENERAL COUNCIL/ at Birkbeck College Students' UnionAug 2014 - Jul 2015Elected to take up a 1 year Sabbatical to help the Disabled at Birkbeck.Lifeguard at Cheddar Woods Resort and SpaFeb 2012 - Mar 2014Campaign manager at ECU futuresJun 1990 - Oct 1994Financial Planner at American ExpressOct 1992 - Jul 1993Acuma Ltd financial planning and fund managementINTERNATIONAL COMMODITY & FINANCIAL FUTURES BROKER at Sucden, UKOct 1988 - Jul 1992derivatives and foodTechnical support at Royal Air ForceJan 1979 - Feb 1987hnw telesales at abbey Assurance plcJul 1981 - Dec 1982Estudante at LAMDAMar 1970 - Feb 1975Taylor SwiftPizza ExpresswagamamaNando's2014AugusttoPresentI currently work hereCancelSaveEDUCATIONUniversity of Oxford Special Diploma in Social StudiesEconomicsSep 1993 - Jan 2018History, Classics and Archaeology, Birkbeck, University of LondonHistoryOct 2013 - Jun 2017Reading HistoryBirkbeck College, University of LondonHistoryOct 2013 - Jun 2017Course transfer from Philosophy to year 1 of BA History.UCLA Class of 20172014 - 2017Birkbeck, University of LondonPhilosophySep 2008 - Jul 2015University of OxfordPhilosophy of musicOct 2011 - Jun 2015Friends of Oxford Life Long Learning, Kellogg College Oxford & Rewley HouseUniversity of LondonPhilosophySep 2008 - Jun 2015Birkbeck CollegeBirkbeck, University of LondonPhilosophySep 2008 - Jun 2015Department of PhilosophyBirkbeck Students' UnionStudent VoiceOct 2008 - Jun 2014Hon Secretary to the Birkbeck Cricket ClubUniversity of CambridgePhilosophy from ScratchOct 2011 - Jun 2013Institute of Continuing Education, Madingley HallUniversity of OxfordPhilosophy of musicOct 2011 - Jun 2013Department of Continuing Education, Rewley HouseCanterbury Christ Church UniversityEnglish LittSep 2006 - May 2009WEA- Workers Education Association, Royal Tunbridge Wells branch.Canterbury Christ Church UniversityShelley, Byron, Blake, Keats, Jane Austen, Fanny Burney, Mary ShelleySep 2004 - Jul 2008WEA English Literature specializing in the Age of Romantics, Lit & PoetryThe Open UniversityLawSep 2007 - Jun 2008Law foundation courseUniversity of KentEconomic & Social History Psychology and FrenchSep 1994 - Jun 1996BA HISTORYMillfield Senior SchoolJul 1980 - Sep 1981Middlesex UniversityHotel & Catering opsSep 1980 - Jun 1981Higher National DiplomaUniversitie de Staniari de PerugiaMay 1980 - Jun 1981Bethany SchoolEconomics, History, Technical writing, English literatureJan 1975 - Jul 1979Maidstone Grammar SchoolSep 1973 - Jul 1974Maidstone Grammar School for BoysSep 1973 - 1973HILL PLACE & EYLESDEN COURT PREPSSep 1965 - 1973University of CambridgePhilosophy from ScratchStarted in Oct 2013Madingley HallUniversity of LifeHILL PLACE preparatory schoolOxford University in EnglandBethany High School

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seokingstar · 5 years ago

Text

black chain bitcoin wallet

Welcome To Bitcoinik.com

Bitcoinik - Next Generation Bitcoin And Cryptocurrency Media

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Welcome to Bitcoinik, It is the best Bitcoin and Crypto news source provides alerts about bitcoin exchange and digital cryptocurrency exchange rates, Contact us now.

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Bitcoinik was founded by Naveen Kumar and Harsh Sangwan in September 2018. Bitcoinik thanks to its great community for their great support as always, Bitcoinik will continue to deliver the best services forever.

For somebody inexperienced with Bitcoin, the principal question that strikes a chord is, "What is Bitcoin?" And another normal inquiry that is frequently posed identifies with the Bitcoin cost. It began an under 10 pennies for every Bitcoin upon its presentation in mid 2009. It has risen consistently since and has drifted around $4000 per Bitcoin as of late. So in regards to Bitcoin esteem or the Bitcoin rate this is a most momentous energy about worth and has made many, a huge number in the course of the most recent eight years.

The Bitcoin advertise is worldwide and the residents of China and Japan have been especially dynamic in its buy alongside other Asian nations. Notwithstanding, as of late in Bitcoin news the Chinese government has attempted to smother its movement in that nation. That activity drove the estimation of Bitcoin down for a brief timeframe however it before long flooded back and is currently near its past worth.

The Bitcoin history outline is fascinating. Its maker was a mysterious gathering of splendid mathematicians (utilizing the nom de plume Nakamoto) who structured it in 2008 to be "virtual gold" and discharged the first Bitcoin programming in mid 2009 during the tallness of the USA financial emergency. They realized that to have enduring worth, it like gold needed to have a limited gracefully. So in making it they topped the flexibly at 21 million Bitcoin.

Bitcoin mining alludes to the procedure by which new Bitcoin is made. With customary cash, government chooses when and where to print and appropriate it. With Bitcoin, "excavators" utilize exceptional programming to tackle complex numerical issues and are given a specific number of Bitcoin consequently.

An inquiry that at that point emerges is, is Bitcoin mining justified, despite all the trouble. The appropriate response is NO for the normal individual. It takes exceptionally modern information and an amazing PC framework and this mix of elements makes it out of reach for the general population. This applies much more to bitcoin mining 2017 than in past years.

Many miracle, who acknowledges Bitcoin? This inquiry gets posed in different manners, what are stores that acknowledge bitcoin, what are sites that acknowledge bitcoins, what are a few retailers that acknowledge bitcoin, what are a few places that acknowledge bitcoin and where would i be able to spend bitcoin.

An ever increasing number of organizations are starting to consider the to be of tolerating cryptographic forms of money as a substantial installment alternative. Some significant organizations that do are DISH arrange, Microsoft, Expedia, Shopify stores, Newegg, Payza, 2Pay4You, and others.Two significant holdouts as of now are Walmart and Amazon.

Ethereum is the most grounded adversary to Bitcoin in the digital money showcase and many miracle at the subject of Bitcoin versus Ethereum. Ethereum was made in mid-2015 and has increased some prominence yet at the same time positions a long ways behind Bitcoin in use, acknowledgment and worth.

An inquiry that frequently comes up regularly identifies with Bitcoin trick. This creator has a companion who made a buy from an organization that guaranteed 1-2% development every day. The organization site recorded no contact data and following two or three months the site essentially evaporated one day and my companion lost all the cash he had contributed which was a few thousand dollars.

One needs to realize how to purchase Bitcoins, how to buy Bitcoin or how to purchase Bitcoin with charge card so as to begin. Coinbase is a famous site to do this. Their expense is 3.75% and as far as possible is $10,000 every day. This would most likely be the simplest method to purchase bitcoins.

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kehudson · 5 years ago

Video

youtube

Katy Perry - Roar (From “The Prismatic World Tour Live”)

search AssociateCloseCumberland LodgeNonprofit Organization EXPERIENCEChief executive officer at Taylor Taylor LondonOct 2014 - PresentMusic PromoTrustee at The Katy Perry Charitable TrustOct 2014 - PresentTHE KATY PERRY CHARITABLE TRUST This charitable trust is a non-profit irrevocable trust set up for charitable purposes in the name of its patron Global singing superstar and UN Goodwill Ambassador Katy Perry. It is set up and run from England and under English law it is a form of express trust dedicated to charitable goals. Exempt from most taxes freedom is given to the trustees as the trust demonstrates both a charitable purpose and all of its work is of public benefit. Its main purposes are:- 1) Relief of Poverty 2) Promotion of Education 3) Promotion of Spiritual Healing 4) Benefit of Animals 5) Disease Abolition The trusts purposes benefit the public and not any individual and its chosen locality to offer particular help is the South East of England although a great deal of its work has a Global impact. The trust does not campaign for legal or political change although the trustees discuss political issues in a bi partisan neutral manner. The beneficiaries of the trust are represented by the Attorney General for England and Wales who as parens patriae appears on behalf of the Crown. Any disputes arising at the trust are under the Jurisdiction of the High Court of Justice and the Charity Commission who regulate, promote and provide advice and opinions to the Trustees. Campaign manager at Birkbeck, University of LondonSep 2014 - PresentVolunteering at South East Coast Ambulance Service NHS Foundation TrustAug 2014 - PresentIndependent Distributor at Forever Living Products InternationalFeb 2014 - PresentFisioterapia at Maidstone and Tunbridge Wells NHS TrustJan 2014 - Presentjack of all trades, master of none at Self-Employed2014 - PresentThe Royal British LegionJan 2014 - PresentPatient Reviewer-PPR Panel at The BMJDec 2013 - PresentLobbyist at Australian Marine Conservation SocietyOct 2013 - Presentactivist at Bipolar Awareness ~ Stop the StigmaOct 2013 - Presentactivist at Human Rights Action CenterOct 2013 - PresentOperations management at OpenMediaOct 2013 - PresentMicro-Volunteer, Online Activist at Friends of the Earth AustraliaSep 2013 - PresentWriter at We Are ChangeSep 2013 - Presentactivist at Fight For The FutureSep 2013 - PresentFriends of the Earth IrelandSep 2013 - PresentLobbyist at World Resources InstituteSep 2013 - Presentactivist at EarthworksSep 2013 - Presentactivist at End Ecocide EnglandAug 2013 - PresentmySocietyAug 2013 - Presentactivist at Amazon WatchAug 2013 - PresentWWF InternationalAug 2013 - PresentLobbyist at Fight For Our ReefAug 2013 - Presentactivist at End Ecocide on EarthJul 2013 - Presentactivist at Rainforest Action NetworkJul 2013 - PresentActivist on the US Official Public Register at EarthjusticeJun 2013 - PresentCampaign manager at CREDO MobileJun 2013 - PresentResearch, Communications, Advocacy at Oil Change InternationalMay 2013 - PresentActivist and Political Lobbyist at The Safina CenterMay 2013 - PresentOnline Campaigner & Lobbyist at Organic Consumers AssociationSep 2012 - PresentSAFEGUARDING THE EARTH at NRDCSep 2011 - PresentManaging Director at PSYCHERIGHTSUKAug 2011 - Presentsocial enterprise under the BIG SOCIETY directives helping the mentally illWriter at Corporate AccountabilityFeb 2011 - PresentCEO at Beaufort Treasury S AOct 2010 - PresentKATY PERRY'S Personal Crypto Currency Banker @ BEAUFORT TREASURY S.A. Elite Financier Diamonds Objet d'Arts Antiques Jewelry 1st Editions Folios AMEX Trained Volunteering at Amazon ConservationOct 2008 - PresentOnline Activist Fully Paid up Member at Friends of the EarthSep 2008 - PresentMember/Donor/Supporter at Friends of the Earth EuropeSep 2008 - PresentMember and donor at Friends of the Earth InternationalSep 2008 - PresentOnline Activist, Micro-Volunteer at Friends of the Earth U.S.Sep 2008 - PresentVolunteering at Mission BlueJan 2008 - PresentConveynor of the Royal Tunbridge Wells Bipolar UK self help group at Bipolar UKApr 2007 - PresentMember, one of tens of millions at AvaazJan 2007 - PresentManaging director at GM RECORDSLtdJul 2006 - PresentRecord Label working on a Charity compilation Album on behalf of 3 Mental Health CharitiesStockbroker-Licenced Dealer in Securities by DTI at Harvard Securities plcJan 1987 - PresentPark Attendant at London Borough of Waltham ForestJun 1986 - PresentChief executive officer at aleph waw taw 888Oct 1981 - PresentChief executive officer at Abbey Life AssuranceOct 1979 - PresentAlpha Taw 888 at Masonic Hall FavershamAug 1973 - PresentCampaign manager at Real Coastal WarriorsCurrently works hereGM RecordsCurrently works hereChief executive officer at PsycherightsUK LtdCurrently works hereCampaign manager at Royal Albert HallCurrently works hereCampaign manager at ActionAidCurrently works hereCampaign manager at The Rainforest Foundation UKCurrently works hereChief executive officer at GB Foreign legion S.A.Currently works hereWriter at Care2Currently works hereCampaign manager at NIHRCurrently works hereTechnical support at Environmental Investigation AgencyCurrently works hereCampaign manager at Oxford Health NHS Foundation TrustCurrently works hereLobbyist at Food Democracy Now!Currently works hereChief executive officer at Grand LodgeCurrently works hereCampaign manager at PSI - Public Services InternationalCurrently works hereDISABLED MEMBERS OFFICER/MEMBER OF GENERAL COUNCIL/ at Birkbeck College Students' UnionAug 2014 - Jul 2015Elected to take up a 1 year Sabbatical to help the Disabled at Birkbeck.Lifeguard at Cheddar Woods Resort and SpaFeb 2012 - Mar 2014Campaign manager at ECU futuresJun 1990 - Oct 1994Financial Planner at American ExpressOct 1992 - Jul 1993Acuma Ltd financial planning and fund managementINTERNATIONAL COMMODITY & FINANCIAL FUTURES BROKER at Sucden, UKOct 1988 - Jul 1992derivatives and foodTechnical support at Royal Air ForceJan 1979 - Feb 1987hnw telesales at abbey Assurance plcJul 1981 - Dec 1982Estudante at LAMDAMar 1970 - Feb 1975Taylor SwiftPizza ExpresswagamamaNando's+ Add ExperienceEDUCATIONUniversity of Oxford Special Diploma in Social StudiesEconomicsSep 1993 - Jan 2018History, Classics and Archaeology, Birkbeck, University of LondonHistoryOct 2013 - Jun 2017Reading HistoryBirkbeck College, University of LondonHistoryOct 2013 - Jun 2017Course transfer from Philosophy to year 1 of BA History.UCLA Class of 20172014 - 2017Birkbeck, University of LondonPhilosophySep 2008 - Jul 2015University of OxfordPhilosophy of musicOct 2011 - Jun 2015Friends of Oxford Life Long Learning, Kellogg College Oxford & Rewley HouseUniversity of LondonPhilosophySep 2008 - Jun 2015Birkbeck CollegeBirkbeck, University of LondonPhilosophySep 2008 - Jun 2015Department of PhilosophyBirkbeck Students' UnionStudent VoiceOct 2008 - Jun 2014Hon Secretary to the Birkbeck Cricket ClubUniversity of CambridgePhilosophy from ScratchOct 2011 - Jun 2013Institute of Continuing Education, Madingley HallUniversity of OxfordPhilosophy of musicOct 2011 - Jun 2013Department of Continuing Education, Rewley HouseCanterbury Christ Church UniversityEnglish LittSep 2006 - May 2009WEA- Workers Education Association, Royal Tunbridge Wells branch.Canterbury Christ Church UniversityShelley, Byron, Blake, Keats, Jane Austen, Fanny Burney, Mary ShelleySep 2004 - Jul 2008WEA English Literature specializing in the Age of Romantics, Lit & PoetryThe Open UniversityLawSep 2007 - Jun 2008Law foundation courseUniversity of KentEconomic & Social History Psychology and FrenchSep 1994 - Jun 1996BA HISTORYMillfield Senior SchoolJul 1980 - Sep 1981Middlesex UniversityHotel & Catering opsSep 1980 - Jun 1981Higher National DiplomaUniversitie de Staniari de PerugiaMay 1980 - Jun 1981Bethany SchoolEconomics, History, Technical writing, English literatureJan 1975 - Jul 1979Maidstone Grammar SchoolSep 1973 - Jul 1974Maidstone Grammar School for BoysSep 1973 - 1973HILL PLACE & EYLESDEN COURT PREPSSep 1965 - 1973University of CambridgePhilosophy from ScratchStarted in Oct 2013Madingley HallUniversity of LifeHILL PLACE preparatory schoolOxford University in EnglandBethany High Schoo

#katheryn elizabeth hudson #katherynhudson #katy perry #katyperry

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cryptoerapro · 5 years ago

Text

Gemini Review: Is it a Safe Way to Buy Bitcoin and Ethereum

While Gemini hasn't been around as long as certain contenders, the trade immediately got one of the most dynamic U.S. based digital currency trades. Right now, we'll separate the upsides and downsides of this digital money exchanging stage.

You can explore this survey utilizing the accompanying connections:

Key Details

Is Gemini Safe?

Contrasted with the Competition

Stars

Cons

Step by step instructions to Use Gemini

Audit Summary

Gemini Review Key Details

Propelled in 2015 by Tyler and Cameron Winklevoss

Situated in New York City

Accessible Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Zcash, and Bitcoin Cash

Store/Withdrawal Methods: Bank Transfers and Wires

Permits quick exchanging when you store through bank move, despite the fact that you can't pull back bought cryptographic money assets until your bank move has been completely prepared.

Exchanging Fees: 1.0% or less

Better than expected Customer Support

Official Site: Gemini.com

Gemini Exchange Review

Is Gemini Safe?

To put it plainly, "Yes".

Based out of New York, Gemini is a completely directed and agreeable digital money trade. The organization is managed by the New York State Department of Financial Services (NYSDFS).

The trade follows best industry security and working works on, including:

Isolating client assets from organization operational assets.

Keeping most of digital money assets in disconnected cold stockpiling, instead of an online "hot wallet".

Gemini requires numerous signatories to move assets from cold stockpiling.

Client USD reserves are qualified for FDIC protection.

Gemini additionally requires all clients to empower 2-Factor Authentication (2FA) through SMS instant messages or the Authy application. This assists clients with making sure about their own records.

Bitcoin Gemini versus The Competition

Underneath you can see the upsides and downsides of Gemini versus the other driving trades we've looked into.

Geniuses

1) Allows You to Immediately Start Trading When Depositing by means of Bank Transfer

In contrast to most trades, that expect you to hold up until your store has been handled to begin exchanging, Gemini lets you purchase cryptographic forms of money right away.

There are two or three admonitions:

This is just for bank move stores, which normally have $500 day by day restricts ($15,000 every month). On the off chance that you utilize a bank wire (boundless store limits), you'll have to stand by to exchange until your store has been completely prepared.

You can't withdrawal the digital money you bought until your bank move has been finished (normally takes a couple of days).

Indeed, even considering these provisos, this despite everything gives the upside of permitting you to promptly purchase cryptos, which can assist you with abstaining from passing up low costs.

2) No Fees on Bank Deposit or Withdrawals

Gemini doesn't charge any expenses to make stores or withdrawals utilizing your financial balance.

3) Easy to Use Interface

The trade interface at Gemini is extraordinarily perfect and straight forward to utilize. We've singled out some different trades for poor client experience (see our Kraken Review), however we have just beneficial comments about utilizing Gemini.

Cons

1) Few Available Cryptocurrencies

Gemini just offers exchanging for Bitcoin, Ethereum, Litecoin, Zcash, and Bitcoin Cash while contenders offer more alternatives.

Coinbase and Coinbase Pro offer exchanging for Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Zcash, 0x, BAT, MANA, DNT, CVC, LOOM.

Kraken offers exchanging for Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, EOS, Monero, Zcash, Ethereum Classic, Gnosis, Augur, Melon, Doge, and Iconomi

Cryptographic money just trades (no USD or other fiat cash support) like Binance and Bittrex offer exchanging for 100+ digital currencies.

While Gemini is an extraordinary method to purchase the two most famous cryptographic forms of money, it is anything but a possibility for altcoin merchants.

2) High Fees Compared to Its Main Competitors

While Gemini used to have expenses topped at 0.25%, they expanded their charges on April second, 2018. While high volume brokers won't be excessively influenced, the base exchanging expense is presently 1.0%. You can see their full charge plan here.

Gemini Trading Fee Schedule

3) No Alternative Buy/Sell Methods

While site resembles Coinbase and CEX.IO permit you to utilize Visas and bank moves to make buys, Gemini just offers the last alternative.

The most effective method to Use Gemini to Buy Bitcoin and Ethereum

Underneath we'll tell you the best way to purchase Bitcoin and Ethereum on Gemini.

Stage 1) Sign Up

To begin the information exchange process on Gemini, click on the "Register" button in the upper right corner of the site.

You'll have to enter your name, email address, and make a secret phrase.

Bitcoin Gemini Register Sign Up Form

In the wake of presenting this structure, you'll have to enter the code messaged to you by Gemini to confirm your email address.

Bitcoin Gemini Verify Email

Stage 2) Set Up Your Account

Next, you'll be taken through the procedure to finish your record. Counting the accompanying advances:

Give Gemini Your Location to ensure that they serve your territory.

Empower 2-Factor Authentication – As referenced in the security area above, Gemini expects clients to empower 2FA utilizing SMS instant messages or the Authy application.

Associate Your Bank Account

Give Personal Details including you address and government disability number (U.S. inhabitants).

Check Your Identity by Uploading ID Documents

We would say, Gemini confirmed our archives rather immediately, contrasted with different trades.

Gemini Account Set Up

Stage 3) Fund Your Account

After your record is set up (counting an associated ledger), you can make a store utilizing a Bank Transfer or Wire.

Find either "USD (Bank Transfer)" or "USD (Bank Wire)" in the menu of your record, under "Move Funds" > "Store Into Exchange".

In the event that utilizing the "Bank Transfer" strategy, all that is required is to enter the sum you wish to store.

Gemini Deposit Via Bank Transfer

You'll have to affirm this activity.

Bitcoin Gemini Deposit Review

Stage 4) Buy Bitcoin or Ethereum on the Gemini Exchange

On the off chance that utilizing a bank move, your store will be accessible for exchanging promptly (however a wire will take a couple of days).

Discover the cryptographic money pair you need to exchange under the "Purchase" segment of the trade menu (1). For Bitcoin select "BTCUSD" and for Ethereum select "ETHUSD".

On the page for your exchanging pair, pick your request type (2). Right now be utilizing the least complex request type, a "Market" request. All that is required for a market request is to enter the measure of USD you need to burn through (3).

In the wake of entering the sum you need to buy, click the "Purchase" button (4).

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#Bitcoin Gemini #Bitcoin Gemini Reviews #Bitcoin Gemini Price #Bitcoin Gemini exchange

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supersecure-blog · 6 years ago

Text

Week 6 Lectures

Never would I have thought that I would receive a lecture via a skype call... however this course continues to surprise me. Notes for this week’s lectures as per usual :) This week notes will be in their purest form: brain dribble.

Morning Lecture

WEP:

Needed a 64 bit key, but how do we get users to generate a 64 bit key. Was a lot to ask users to generate. Designers decided to generate the last 24 bits by themselves, using an IV.

Seed was different for each packet, 40 bit key that was shared and everyone used, and then the 24 bit value that was generated.

To decrypt, you get the 24 bit thing sent in the clear - (IV) and combine with the secret to get the 64 bit

Danger when someone transmits the same data under the same key - data is replicated in the same frame

Collision for IV - square root of 2^24 = 2^12 ~= 4000

Relatively small amount of packets needed to be sent before collision

Mixing data and control (key characteristic of attacks):

WEP attack - carrying out the normal function, can be abused by users to gain more control

I.e. Richard smuggling expensive express envelopes by hiding them in a satchel, posting them to himself

If there is a potential ambiguity in the channel and you are able to control how that is resolved - you gain control of the channel

Buffer Overflow:

Computer rapidly switches between jobs - “context switching” rather than concurrencyModern cpu’s use the notion of interruption Stack keeps track of what is being used

Latest process - top of the stack. When it’s finished, the information about the process gets thrown out, stack pointer gets moved down

After process have been re-awakened, need information about what the process is currently doing. This is stored in the disk, because RAM is expensive

Stack is also used to store local data about the program - much faster

Running program data is in the stack, as well as other frozen processes

Stack is stored backwards -> grows down

If can persuade the buffer you are writing to is bigger than it is - then you can be writing to other memory of the person that is asleep

Pointer to the next instruction about to be executed -> control

Contains other information

Write to the return address, overwrite the current thing

Proof of work:

Bitcoin - can’t counterfeit easily (work ratio)

No matter how good something is, every 18 months your attacker gains 1 bit of work due to Moore’s law i.e. lose one bit of security

Number of transistors per square inch on integrated circuits had doubled every year since the integrated circuit was invented.

Disk encryption:

Thread model - attacker has physical access to the disk, assume full control of the hard drive

Generate random key, encrypted version of the key stored in the disk

Evening Lecture:

Web Seminar

HTTP:

Application layer protocol used to send messages between browsers and web servers. HTTP requests go from the browser to the server.

Databases / SQL - browser sending an HTTP get request from the server with the username and password as data

Server queries database with “SELECT password FROM users WHERE match”

HTTP Cookies/Sessions

An HTTP cookie is a small piece of data sent in a response from a web server and stored on the user’s computer by the browser

A session cookies is a unique ID generated by the server and sent to the user when they first connect or login

Browser sends it with all HTTP requests

XSS - cross-site scripting is an attack in which an attacker injects data, such as a malicious program

Reflected XSS - occurs when user input is immediately returned by a web application.

Stored - you enter data which is stored within the application and then returned later

xss.game.appstop.com

SQL injection is a code injection technique in which malicious SQL statements are inserted into an entry field for execution.

Goal behind an SQL query is to gain access

‘ or 1 == 1 --

Blind SQL injections are identical to normal SQL Injection except that when an attacker attempts to exploit an application rather than getting a useful error message

Cross Site Request Forgery:

Attack on an authenticated user i,.e. Already logged in

When you log in to a website it sends you a cookie to your browser to keep you logged in.

Bank attack:

If attacker knows the format of the bank request, they can hide a transfer request inside an img using html

Cross Site Request Forgery Defences:

Primary mitigation is with tokens

Generate a suitably random token, store value server-side

Sent token to user, expect this token back as part of any user requests

In a GET request, this token will be appended to the URL

If a website has XSS vulnerabilities, CSRF mitigations are pointless

Crypto Seminar

Payment Process: Current versus Bitcoin:

Current payment systems require third-party intermediaries that often charge high processing fees

Machine-to-machine payment using the Bitcoin protocol allows for direct payment between individuals, as well as support micropayments -> reduce transaction costs

Crypto:

Built using cryptographic principles i.e. blockchain and hashing

Difficult to fake transactions - too many bits so it isn’t worth

Blockchain:

Method of storing data

A chain of chronologically linked blocks where each block is linked to the previous block

Blocks are unique - no two blocks will have the same hash

Data:

Consists of hundreds of transactions

Put around 2000 transactions in one block

Hashes:

Block’s hash summarises the data into a combination of letters and numbers

SHA-256 hashing algorithm

If a transaction in the block is changed, the hash is changed

This is important because each block has the hash of the previous block -> need to check against all previous blocks

Tamper evident

When a transaction is mine, it isn’t immediately added but placed in a transaction pool

The miner gathers enough to form a block - called a candidate block

Hash the block header along with a nonce

When we hash we hope the block hash value is below a certain target value

The nonce is a random number brute forced by miners to try and create the correct hash

When nonce is found, it is broadcast and the block is added to the existing chain

Proof of Stake:

Growth of mining pools could eventually lead back to a centralised system

PoW mining uses excessive amounts of electricity

PoS algorithm attributes mining power to proportion of total bitcoins held, rather than computing power

Rewards are transaction fees rather than new cryptocurrency

Types of crypto currencies:

Bitcoin

Uses the SHA-256 algorithm - very processor intensive and complex requires lots of dedicated hardware

Litecoin

More accessible for normal uses to mine on their CPUs as the algorithm used is less CPU intensive, but more memory intensive

Facebook Libra

Centralised architecture - libra will be managed by the Libra Association, having more control over the blockchain

There is no ‘mining” - to set up a node on Libra, need $10000

Privacy:

Blockchain doesn’t have a strong concept of identity (public, private) key pairing

Doesn’t exempt transaction from tracing

Two main ways:

Relations between address - inferring identity

Interactions between nodes and users

Monero:

Unlinkability -> stealth addresses with view keys

Transaction mixing -> ring signatures

Concealing transaction amounts -> RingCt signatures

Historical flaws:

51% attack:

Double-spend

Purpose might also be to discredit a crypto instead of money

Credibility decided on the majority

Off-springs created one’s solution for a hash is not added into their own spin-off

Motive might be to discredit the cryptocurrency

Past Attacks:

Usually happened on small networks

Verge 51% attack, on April 2018

Groups of hackers found two main flaws in the system:

Bug which lowered the hashing difficulty for a hashing algo (Scrypt)

Verge allowed 5 different hashing algorithms, and only the difficulty for Scrypt is lowered

Hacked 3 times over 2 weeks

Cryptocurrency exchanges:

Mt.Gox - bitcoin exchange that was launched in 2010. Handled over 70% of all Bitcoin transactions in 2013

Previous owner retained admin level user account when MtGox was sold in 2011

Attacker logged in to the account

Assigned himself a large number of BTC which he sold on the exchange

Price dropped immediately

Obtained private keys of MtGox clients

Created selling orders on these accounts and bought the BTC he stole

SQL Injection vulnerability was found

MtGox user database began circulating online and included:

Plain text email addresses

Usernames

MD5 Hashed passwords, with some unsalted

Future of Cryptocurrency:

Adoption

Overcoming resistance from:

People

Established finance institutes (eg banks)

Governments (they don’t like that you don’t pay tax by concurrency)

Ease of use

Volatility

Threats

Blockchain its laek

Quantum computers

To the sft that utilises cryptocurrency

Cryptocurrency wallet/exchange/

Strong private keys

Symmetric Ciphers

Two sorts of ciphers, symmetric and asymmetric -> regards the keys

If you know the key

For a symmetric: you can decrypt and encrypt

For an asymmetric: you have separate private and public keys to decrypt and encrypt (RSA)

Earthquakes:

How would I cope, how would my business cope? -> ‘gobag’

Home Study - read up about the “block modes” - only need to learn/understand ECB, CBC, CTR

Authentication:

Identifying for who? Computer/human?

Facebook. Police, baggage screening

Authentication and identification - what is the difference?

What decisions?

Computerised authentication system -> needs to make a decision about whether it is you or not

Factors:

Something that you have

Something that you know - i.e a password. Easy way of doing authentication

How do you know that you share the same secret?

Something that you are - Unfakeable

Two factor authentication:

Something that you have AND something that you know i.e. and password

All of these things seem different, but ultimately they are all just things that you know, and are all secrets

Something that you are can be replicated

Serious problem -> authenticating bombs, missiles etc

Biometrics - not real authentication, collecting another shared secret from a person, and can be bypassed

#week 6 #lectures

1 note · View note

videofunnyhorse · 6 years ago

Text

VideoFunnyHorse top 10 moments 2018

10. More Sand Consumed then ever before

9. Dug a hole so deep the fire department had to come get me out

8. Nothing worthy of #8 spot :/

7. Wrestled a Ghost in a muddy road and smashed a bottle over its head

6. Proved how great I am by jumping over that wall because I’m so great

5. Elected Most Handsome Beautiful Sexy Salesman for the 9th time in a row in Deals World Weekly

4. Got even bigger muscles I’m so strong now

3. Destroyed Crypto-Currency singlehandedly by attacking it both physically and emotionally

2. Avoided significant jail time by lying and cheating while under oath

1. The Deals and Bargains we made together

Let’s have a great 2019, love you lots

-VF Horse

12 notes · View notes

bowsetter · 6 years ago

Text

Hackers Have Looted More Bitcoin Than Satoshi’s Entire Stash

Ever since cryptocurrencies started gaining value, hackers have targeted exchanges that provide digital asset trading and malicious entities have siphoned billions of dollars worth of bitcoin since 2011. So far, over 1 million of the world’s BTC has been stolen from exchanges and traders continue to leave vast quantities of funds on centralized trading platforms.

Also read: US Copyright Office Responds to Craig Wright’s Bitcoin Registrations

Hackers Love to Profit from People Leaving Funds on Centralized Crypto Exchanges

Over the years, hackers have managed to make a lucrative career stealing cryptocurrencies from exchanges. Exchanges have seen digital intruders loot wallets since 2010 and crypto trading platforms are still being compromised in 2019. Last year, according to Chainalysis data, hackers managed to generate over $1 billion in revenue from simply robbing crypto exchanges. Moreover, Chainalysis explained in January 2019 that only two major hacking groups were the culprits to most of 2018’s exchange hacks. It’s unclear exactly how many bitcoins have been stolen but over the last 10 years, it’s estimated that more than 1 million BTC, has been pilfered from exchanges.

The amount of snatched coins is roughly around the same number of BTC that Satoshi Nakamoto may possess and probably much more. Moreover, two of the biggest hacks make up most of the BTC stolen over the last 8 years. Roughly 650,000 BTC was taken from Mt. Gox back in 2014 and 120,000 BTC were stolen from Bitfinex in 2016. This means that more than 770,000 of the looted BTC also gives the hackers 770,000 BCH as well. Essentially, this means that there’s been more than $7.7 billion dollars worth of BTC stolen at today’s exchange rates. All of those funds were taken prior to the BCH fork so after August 1, 2017, the hackers who stole 770,000+ BTC managed to acquire $303 million in BCH as well.

A Look at Some of the Biggest Crypto Exchange Heists Since 2011

Back in 2011, Mt. Gox lost bitcoins well before they misplaced a great percentage of the total supply. On June 19, 2011, the exchange said they had lost $8.7 million worth of BTC due to a “security breach.” At the time, in order to prove the exchange was solvent, the firm moved 424,242 BTC into cold storage, which can be seen in block 132749. Then the exchange also misplaced approximately 2,609 BTC by sending them to an unspendable address. The now-defunct exchange is also notorious for losing 850,000 BTC in 2014 and allegedly the trading platform’s CEO Mark Karpeles found 200,000 of the missing coins after the exchange went under. The remaining 200,000 coins were to be dispersed to all the account holders who lost money, but the distribution process has been held up for years.

Most people don’t remember the trading platform Bitcoin7, but at one time the operation was the third largest exchange in 2011. Back on Oct. 5, 2011, the exchange said they lost 5,000 BTC or $39 million at today’s exchange rates. The loss of 5,000 BTC was too much for Bitcoin7 to handle and the exchange never re-opened. Even though the company had promised to reimburse users, the restitution process never came to fruition and the website went dark. In 2012, during the Linode hack, crypto enthusiasts saw an estimated total of 46,653 BTC stolen from a total of 8 crypto-related businesses such as Tradehill and Bitcoinica. The same year Bitcoinica was hacked twice losing 38,000 BTC in May and then in July, the platform lost another 40,000 BTC. In September 2012, the trading platform Bitfloor lost 24,000 BTC during a security breach.

2013 saw plenty of bitcoins stolen that year as the Vircurex Exchange Hack saw the loss of 1,666 BTC, and the platform Bitmarket.eu exit scammed with $400 million worth of BTC. In October of 2013, GBL Exchange also ran off with customers coins stealing 9,640 BTC. The digital currency payment provider BIPS had a security breach which saw the loss of 1,295 BTC. 2014 was no different as crypto advocates saw the major Mt. Gox hack but also saw Cryptsy lose 13,000 BTC and Mintpal lost 3,894 BTC. Then in 2015, the Bitstamp hot wallet was siphoned for 19,000 BTC, 796 Exchange saw 1,000 BTC stolen, and the Bitfinex hot wallet lost 1,500 BTC.

The very next year, Bitfinex saw an even bigger loss when hackers stole 119,756 BTC. A few months later, Bitcurex lost 2,300 BTC. During the bull run in 2017, there were plenty of exchange losses when Yapizon lost 3,831 BTC, hackers stole $31 million from Bithumb, and Btc-e exited with 66,000 BTC. In 2018, BTC Global scammed people out of $50 million and Gainbitcoin ran away with $300 million. In April 2018, the Indian exchange Coinsecure lost 438 BTC and in September, the Japanese crypto exchange Zaif was hacked for 913 BTC. The following month Maplechange stole customer funds swiping 913 BTC. At the end of the year, Electroneum users saw 250 BTC stolen from them.

More Than $8.2 Billion Worth of BTC Stolen Since 2011

2019 is not over but users are still losing funds left and right on centralized trading platforms. It’s estimated that around $140 to $200 million worth of crypto was lost during the Quadrigacx mishap, and just recently, Binance suffered a hack as well when 7,000 BTC was stolen. Out of all the exchanges and third party service providers, mentioned hackers managed to steal 1,058,658 BTC ($8.2 billion) in total and that’s just skimming the surface of big exchange hacks. The $8.2 billion also doesn’t account for the massive number of BCH tied to at least 2/3 of the funds looted. The number of coins swiped from exchanges far exceeds Satoshi’s stash and people continue to leave their funds on centralized platforms. The 1 million coins out of 21 million in circulation that hackers have managed to rob is a great reminder to why cryptocurrencies should not be left on exchanges.

At Bitcoin.com we know people like to trade fiat for cryptos and that’s why we created Local.Bitcoin.com, where user funds are never stored on our servers. Our peer-to-peer exchange will launch on June 4, 2019, but you can create an account today and even set up a trade for when the platform goes live. The more peer-to-peer exchanges that facilitate trades in a noncustodial fashion, the better because most crypto enthusiasts are tired of hearing about trading platforms losing millions.

What do you think about the 1 million coins stolen since 2011? Let us know what you think about this subject in the comments below.

Image credits: Shutterstock, Pixabay, and Archive.org.

Did you know you can verify any unconfirmed Bitcoin transaction with our Bitcoin Block Explorer tool? Simply complete a Bitcoin address search to view it on the blockchain. Plus, visit our Bitcoin Charts to see what’s happening in the industry.

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