The Hacked E-mail of the People’s Bank of China Nearly Brought the Market Down

The messages about the possible restricting of the cryptocurrency regulation were sent from the e-mail of one of the employees of the People’s Bank of China, but the information turned out to be a fake.

Many US media were invited to a joint press conference of the People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA), which supposedly had to announce new measures to fight with “all the ways and methods of trading bitcoin in China and in Hong Kong. “

It was written in the letter that both regulators at the conference on the 14th of February will announce the introduction of new measures to counteract the use of cryptocurrency services by both retail investors and legal entities, including prohibiting mining and trading crypto-exchange platforms.

In response to a request from the media, PBOC and HKMA responded that they did not plan any of such events. An employee of the People’s Bank of China branch in Hefei, whose e-mail the messages were sent from, said that his e-mail had been hacked.

According to the South China Morning Post, hackers hoped to manipulate the cryptocurrency market with the help of such information, since the market has traditionally reacted negatively to reports of tougher cryptocurrency regulation on major Asian markets.

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Cryptocurrency Prices Today, December 19: Crypto Is Showing A Long-Term Growth, Ethereum Has Overcome The $100 Mark

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency Prices

According to the online platform Coingecko, Bitcoin (BTC) added 7.7% in the past 24 hours. The price at the time of writing is $3719 per coin.


Cryptocurrencies are in a stable green zone:

Bitcoin Cash added 26.34% over the past 24 hours and costs $114 per coin;

Ripple increased by 9.85% and its cost is $0.37;

EOS grew by 21.76% and its price is $2.45;

Litecoin gained by 5.56% and its value is $30;

Cardano became more expensive by 9.31% and its cost is $0.035;

Stellar added 9.06% and costs $0.11;

IOTA flew up by 16.4% and its value is $0.24;

Dash grew by 10.15% and its price is $79;

Monero became more expensive by 11.13% and costs $48.

Over the past 24 hours, Ethereum has added 8.99%. The coin rate is $103, according to Coin 360.

The total market capitalization rose to $123 billion. Bitcoin’s share is 53.7% of the total. In monetary terms, it is $66 billion.

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Kaspersky Lab’s Report: Cryptojacking Crimes Have Increased By 400% in 2018

Kaspersky Lab has published report that about 13 million cryptojacking crimes have been committed in 2018. This number is quite impressive, however, if we look at it from the annual statistics point of view, we can see that the amount of cases are up by 400% this year alone.

Cryptojacking is a term to describe malicious activity when a culprit generates cryptocurrency (transfer funds) without the owner’s knowledge using a compromised device. This kind of crypto crime is highly popular in the financial world.

The most common jacked cryptocurrency by cryptojackers is Monero (XMR). The virus or malware enters a user’s PC, usually it happens when the later watches online ads or solves captcha. Then the script creates chaos on a PC’s CPU power making the system run slowly.

Our editorship urges you to be careful in order not to fall into the hands of criminals. We want to remind you:

Kaspersky Detected a Crypto Exchange Hacker Attack Coming from North Korea

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The Schoolboy Bitcoin Millionaire Believes that Bitcoin Is Pretty Much Dead

As it has been reported by the Marketwatch, Erik Finman, a teenager who became a millionaire back in the times when Bitcoin cost 20 thousand dollars, gave a very negative outlook for BTC in the future.

Bitcoin is dead, it’s too fragmented, there’s tons of infighting I just don’t think it will last. It may have a bull market or two left in it, but long-term, its dead,” said Finman.

As for Litecoin, here the teenager is sure that this coin “has been dead for a while”. He also mentioned those coins that, in his opinion, still have a chance at the market, such as Ethereum, ZCash and, surprisingly, Bitcoin Cash.

Although Eric is still very young and not that experienced, the fact that he owned 4 million dollars in BTC in 2011 make his predictions quite reasonable.

We remind you:

How Is a Schoolboy Millionaire Doing: A Story About the Youngest Bitcoin Richer

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Cryptocurrency Prices Today, December 18: BTC and the Rest of Cryptocurrencies Are in the Green Zone

crypto prices

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coingecko, Bitcoin (BTC) added 5.7% in the past 24 hours. The price at the time of writing is $3453 per coin.

The remaining cryptocurrencies are also in the green zone:

Bitcoin Cash added 6.69% over the past 24 hours and costs $86 per coin;

Ripple grew by 13.39% and costs $0.33;

EOS increased by 21.76%, and its price is $2.45;

Litecoin gained 4.28%, and its cost is $28;

Cardano added 9.69%, and its value is $0.031;

Stellar became more expensive by 10.69% and costs $0.10;

IOTA grew by 11.83%, and its cost is $0.24;

Dash gained 8.82%, and its price is $69;

Monero added 6.58% and costs $43.

Over the past 24 hours, Ethereum added 7.80%. The coin rate is $93, according to Coin 360.

The total market capitalization is $112 billion. Bitcoin accounts for 54.4% of the total volume. In monetary terms, it is $60 billion.

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Blockchain Specialists: Who Are They and How Much Do They Earn?

Relatively new blockchain technology is developing quite actively in recent years, which inevitably leads to increase of jobs number in this industry. Considering that, the infrastructure is still not very developed well in this area, it can be assumed that the trend of increased demand for qualified personnel will still remain for many years. In this article we will talk about blockchain specialists, find out who employers are looking for, what average salaries are offered, and in the end we will talk about where to learn this craft.

1. Briefly about blockchain technology

Let us briefly remind what blockchain is, and why many people predict a great future for it? So, in simple words, blockchain is an open (that is, public) registry of data, which is stored in separate blocks and has a chain structure. Each subsequent block stores the information about the previous one. For example, let`s take a usual book, which is divided into separate pages, so after 45, there 46, 47 should go, etc. Attempts to change or delete a block, which has already been entered into blockchain, will immediately be noticed by the network.

The increased security of Blockchain is backed up by data storage. The fact is, that the entire data registry has hundreds of thousands copies (depends on number of miners in network), which are located throughout the world.

2. What experts are now in demand in the industry and how much do they earn?

When it comes to blockchain specialists, most people imagine a highly qualified programmer who knows all the programming languages, Morse code, and the depths of cryptography. But in reality, to be a fairly successful developer, you need to know:

  • basics of programming;
  • C ++ language ideally, but this is optional, Python, Java, Golang, etc. will also work.

Having these knowledge and at least minimal experience in programming, one can become a blockchain developer without any particular problems. The wage, in this case, will directly depend on experience, depth of knowledge and a particular company. In Europe and the United States experienced developers can get to $175 thousand per year. But it’s not necessary to be a programmer to work in the blockchain industry. This is not a complete list of vacancies, this young market needs:

  • Investment Director. It is a key position in any crypto startup, because its main task is to search and work with potential investors. This is a quite difficult job, because now many people are still wary of cryptocurrencies and blockchain as a whole, and they are not in a hurry to invest their savings. The salary depends on the amount of raised funds, from which a certain percentage is given to an investment director.
  • Marketer, PR manager. As Thomas Macaulay said: “Nothing Except The Mint Can Make Money Without Advertising”. This profession is very relevant absolutely in any field and the blockchain industry is no exception. To succeed in this position, the specialist is obliged to speak several foreign languages, to have experience in international sales. Salaries of the specialists depend on the scope of a project, as well as a marketing record of a marketer.
  • Bounty manager. The rapid development of the ICO market has led to emergence of brand new professions. This position involves conduction of all processes, interaction and verification of performers for tasks implementation. Salary of these specialists can hardly be called high, it rarely exceeds $1,000.
  • Crypto analyst. This profession implies the deep knowledges of the cryptocurrency market. An analyst should be able to carry out a fundamental analysis of any coin, and on the basis of this data make his or her own predictions of investments growth. This is one of the most promising areas in the blockchain industry, since the analyst’s wages have no limit. Large investors will be happy to pay a certain percentage of commission to a such specialist for a good tip.
  • Lawyer. There is literally “a long row to hoe” in the blockchain field for these professionals. The fact is that legislative base here is still at a very early stage of its development and there is still a lot of work to be done in this direction.

We want to remind you:

Facebook Is Once Again Looking for Blockchain Specialists

3. Where to study for a blockchain specialist?

Higher-education institutions are already training specialists in this direction. A number of leading universities offer introductory courses into blockchain, cryptocurrency, etc.

To master any of the above mentioned professions of the future, you can take online courses on the Internet, the number of which is sufficient now. But when choosing a training program you should be extremely careful and before entrusting your money and time to some “blockchain guru”, read the information about him carefully.

4. Conclusion

The crypto industry differs with a rather rapid pace of development. To work in this area, you must always keep “your eyes open” and be able to adapt quickly to a new circumstances. Every year new professions appear, which offer new opportunities and high wages.

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Chinese Bomb Bitcoin: Hong Kong Business Person Was Blackmailed Demanding $20 000 in Bitcoin

According to the report of South China Morning Post, Hong Kong businessman was threatened with blowing off the building where his company is unless he sends $20 000 in Bitcoin. The scheme was the same as we reported earlier:

Bomb Bitcoin: A New Scammers’ Scheme of Getting Cryptocurrency

The victim who received a blackmail is the CEO of Network Box, Michael Gazeley. He commented on the situation, stating:

“This looks like the third wave of blackmail emails plaguing the world in the past few years… I have never seen something like this, which sounds like cyberterrorism, in my 20-year career in cybersecurity.”

In addition, he claimed at first he was shocked, then he noticed that there were some grammar mistakes which helped him to understand that the email was not worth believing. It was quite clear that the main target was individual rather than bombing an office. He did not report to the police of Hong Kong as considers that email not credible.

Charles Mok, the spokesman of the IT sector in the Legislative Council of Hong Kong, was abashed by the quality of threats.

He said: “Scammers need to be smarter, they can’t just say in a spam email, ‘You need to pay me or I blow up your office’.”

We remind you

The Most High-Profile Scam Projects of 2018

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