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Monthly Archives: February 2018

Feb 26

Bitcoin wallet exchange enables users to buy or sell coins

By Admin | Bitcoin News , Bitcoin Wallet , how to make money with cryptocurrency

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Bitcoin wallet exchange allows registered users to buy or sell bitcoins and enables members to transact using crypto currencies. There are hundreds of crypto currencies which are flooding in the market and investors can use any of the coins which they have purchased through reputed bitcoin exchange site.Anyone who is capable of investing in crypto currencies can open a premium wallet in trusted and reliable bitcoin exchange sites and trade the currencies through them. It is imperative to note that bitcoin exchange sites acts as an intermediary between buyer and seller and like stock market the traders can buy or sell crypto coins through these sites which acts as a bridge between them. These sites which act as intermediaries will charge nominal commission for the services rendered by them.

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Registered members in exchange sites can securely buy other foreign currencies using crypto coins and preserve them safely in wallets. Bitcoin ticker will be either BTC or XBT and people who are planning to buy US dollars using bitcoin can compare the BTC/USD pair rates before investing in them. Like foreign currencies bitcoin are not stored anywhere in the computers and only bitcoin transaction private key is stored in the wallet. It is worth to note that bitcoin comes in various forms and some of the main types are hardware, web, mobile and desktop. Individuals who do transactions using coins through desktop can store their private keys in some of the trending premium wallets like Bitcoin core, Electrum, Armory and Hive.

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Safeguarding the private keys is crucial and important task

There are two types of bitcoin transaction private key wallets which is online and offline. It is important to note that online wallets are vulnerable to cyber and malware attacks whereas offline are not exposed to these types of cyber-attacks. Preserving the private keys in these types of offline cold storage is much safer than online storage. There are two types of cold storage namely paper wallet and hardware wallet which requires scanning devices. Since these hardware wallets are password encrypted third parties cannot sneak inside the document and steal the private keys without the permission of the user. There is lots of trending news related to crypto currency malware and cyber thefts which are spreading like wildfire.

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Visitors will get interesting info about crypto currency malware attacks when they explore the latest news that is related to them. Members who are using bitcoin exchange have to bear a price for transferring fund, buying products and services and for all other important transactions. There are tons of popular bitcoin exchanges in the world which are getting five star reviews from the members and interested people have to use search engine and other reliable sources for finding these types of premium exchanges. These exchanges which offer varieties of crypto currency services will charge nominal fees for every transaction done by the members. Charges vary from one company to another and people who are planning to become members in one of these sites should decide to explore the pros and cons before taking the next course of action.

Feb 23

Bitcoin mining hardware will consume more electricity

By Admin | Bitcoin News , Crypto Currency News , cryptocurrency mining , make money with cryptocurrency

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Bitcoin mining hardware is not only expensive but will consume more electricity when it is used round the clock. Visitors who are planning to buy bitcoin mining hardware should do maximum research before purchase the best product that is sold in the market. They should take into account cost factor, reputation of the manufacturers, warranty, storage details and also electricity efficiencies before taking wide decision. People should look out for a product which can solve bitcoin block much quicker that the other ones that are sold through online shopping sites. There is hundreds of mining hardware which consumes less electricity and comes with best ratings. ASIC and cloud mining hardware is famous throughout the world since these products are priced reasonably.

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There are several instances of crypto currency malware and spyware attacks which were reported to National Cyber Security Council recently and authorities working here are monitoring the activities that are happening in crypto world. Miners who are planning to invest their hard earned money in these types of products should purchase hardware that are ingrained with anti-virus, anti-malware and anti-crypto virus software since these devices are exposed to the risk of crypto currency thefts. There were number of shocking news that made crypto currency users to site-up and take notes of the happenings. Bitcoin News which was published some time back provided a startling news feed on the topic US, UK Government Websites Infected With Crypto-Mining Malware. This information which went viral on the internet was shocking news not only for the investors but for the entire world.

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Investors should explore and read trending bitcoin news

Thousands of websites in USA and UK suffered from crypto mining malware attack recently and proprietors who run these sites were compelled to shut down them for several days. Lots of government websites belonging to USA and UK were also affected by these types of crypto currency malware. Browsealoud tool which was operated by texthelp firm suffered major crypto attack. Hackers intelligently injected virus through this tool and damaged the tool immediately. Visitors who are new to these types of spy and malware attacks will get maximum info about cryptojacking when they explore the archives that is shown here.

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Nation cyber security center has cautioned investors and others who use crypto currencies for trading to stay away from unregistered or unbranded websites which promotes these types of crypto trade. Executives working here state scammers and hackers inject these types of malicious virus from unknown destinations and it becomes difficult for them to trace their origins. Bitcoin News that is trending now will help both experienced and new investors in several ways. Global audience who are planning to buy popular mining hardware or crypto currencies can also widen their knowledge when they explore these types of news websites which are connected to crypto currency trade.All said and done there is a demand for bitcoins and many reputed online shops and retail outlets in Japan, USA, UK and other European countries shows interest to trade bitcoins.

Feb 22

Bitcoin blockchain technology is experiencing several break throughs

By Admin | Bitcoin News , Crypto Currency News , cryptocurrency mining , The Crypto Wealth Formula

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Bitcoin blockchain technology is not new to the world and this technology exists right from the time crypto currencies where introduced in the market several years back. It is imperative to note that blockchain technology is built with robustness and hackers cannot break the mathematical algorithm and steal the money from the reputed sites which trades bitcoins. There are incidences were hackers and scammers have injected malware and virus and stole bitcoins from unreliable and unsafe websites. Bigwig investors have lost bitcoins to the tune of millions of dollars in the past and have reported these scams to National Cyber Security council which is investigating these illegal activities. Block chain technology has matured and will achieve consistent breakthroughs says one of the CEO of reputed IT company.

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Cyber council states that it is irrecoverable loss and has cautioned new investors to show caution while choosing websites which sells or buys bitcoins and other famous crypto currencies. Recently the world saw news related to US, UK Government Websites Infected With Crypto-Mining Malware which has shaken investors who have invested lots of money in bitcoin trade. Like stock markets and ordinary currencies coin trade is also exposed to malware threats and volatility. Crypto currencies have seen ups and lows in the past and will remain like this even in future. There are around 1384 crypto currencies in the world and majority of the coins have seen profits till date. Best of the bests are Bitcoin, Ethereum and Litecoin.

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Beware of spyware and malware threats

Recently there were reports that government websites belong to UK and USA were infected by deadly crypto currency market and this news were spreading like wildfire on the internet websites. It is believed that around five thousand websites were attacked simultaneously by crypto currency malware. BrowseAloud tool which helps visually handicapped people was worst hit by this malware. The texthelp which manages this tool has shut down the site fearing more threats. This firm has reported this threat to National Cyber Security which is watching the activities and taking notes of development. Other companies which suffered by this serious malware attack are NHS services, the Students Loan company and English councils. Security analysts have stated that these types of malware attacks are common when the websites are not protected with crypto currency spyware and malware anti-virus software and cautioned investors not to invest in untrusted firms.

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Bitcoins investors and other professionals who are trading with crypto currencies are watching the activities with fingers crossed. Visitors who are new to bitcoin and crypto currency trades should always explore trending Crypto Currency News which will provide valuable info about the recent activities in the world of crypto currencies. Bitcoin News will also provide latest news about security threats that are related to crypto currency trade and the sites which were affected badly by these types of dangerous malware. Beginners should always decide to invest minimal amount in crypto currencies and increase the investment gradually after understanding the mysteries and secrets of this trade. There are interesting articles that are related to crypto currencies in the archives which will throw light on the importance of choosing secured and safe websites which trades bitcoins.

Feb 20

Cryptocurrency News – Bitcoin pushes higher in the currency market

By Admin | Bitcoin News , Bitcoin Wallet , Crypto Currency News , make money with cryptocurrency

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Cryptocurrency News is gaining immense popularity since people who have invested their money in bitcoins are getting latest info about crypto trade. There is various interesting news that are related to crypto currencies and visitors can explore the latest info when they choose the particular category. European Crypto Bank is planning to trade on bitcoins and has formed a multi-disciplinary team to facilitate access. Even though bitcoin investment and trading might be interesting there are also risks that are connected to it. There are lots of incidences where companies have lost millions of dollars in this unique crypto currency trade. Boost juice bars in the country of Australia is giving away free bitcoins for the customers’ who buy juice and punch-in the code in the app. Crypto currencies especially bitcoins and ethereum are the top two popular coins which is hitting the news for positive reasons.

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There is also news that is related to US, UK Government Websites Infected With Crypto-Mining Malware. This info may sound as alert and alarm message for the individuals who are planning to invest huge amount in crypto currencies. Firms or individuals who are new to crypto trade should endeavor to explore the breaking news and articles that are related to bitcoin trade. There are sensational news that are related to crypto currency industry which will provide maximum info about the market cap of top ten coins which are making headlines throughout the world.

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Right time to invest money in crypto currency trade

It may sound scary but the reality is thousands of prominent websites including the ones maintained by US and UK government departments were hacked by crypt-mining malware. Browsealoud tool which was manufactured and supplied by Texthelp carried crypt-mining malware and infected the software immediately. This tool is devised for the benefit of visually handicapped people. National cyber security board and engineers working in Texthelp are investigating the issue and will submit their reports shortly. Crypto currencies are stored in bitcoin wallet and scammers can easily steal the money from it when they inject malware into it.

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First time investors should carefully choose the website which has gained maximum reputation for buying crypto currencies. There are scammers who will pose themselves as trusted companies and request the citizens to purchase coins through their websites. When public decides to buy few crypto coins through these illegitimate websites the scammers will loot the deposited money within seconds and run away. National Cyber Security Council which is dealing these types of crypto currency frauds is getting tons of mails with respect to cyber frauds. Investors should explore the latest crypto currency news before starting to invest their money. There are hundreds of legitimate companies which have safe and security bitcoin wallet. Visitors will get latest updates, news, videos and other info about crypto currencies when they explore official website of bitcoin and other trusted websites which published news regularly on this topic. Beware of online scams and frauds which are taking place regularly and decide to invest in bitcoin.

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