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butlincat's blog ..a seeker of the truth, the whole truth, and nothing but the truth...

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Friday, 8 December 2017

Greenspan Emerges From Tomb As Bitcoin Rises Above $16,000 - BITCOIN: NICEHASH: $67M STOLEN + BITCOIN: ALL YOU NEED TO KNOW

Cryptocurrency mining market NiceHash hacked; $67m might be stolen

By Waqas on December 7, 2017


The cryptocurrency mining marketplace NiceHash has announced it suffered a hack attack. As a result, hackers have stolen an unknown amount of funds and emptied its entire Bitcoin wallet.
In an official statement issued on Wednesday, the company said “Unfortunately, there has been a security breach involving NiceHash website. We are currently investigating the nature of the incident and, as a result, we are stopping all operations for the next 24 hours. Importantly, our payment system was compromised, and the contents of the NiceHash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken.”
“Clearly, this is a matter of deep concern, and we are working hard to rectify the matter in the coming days. In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement, and we are co-operating with them as a matter of urgency.”
On Wednesday, NiceHash sent out two tweets informing customers that their servers are down and the team is working on a fix. However on 8:29 AM Thursday, December 7, (GMT) the company revealed that its servers had been breached while its site is displaying security notice maintaining that an investigation has been launched to verify the precise number of BTC taken.
However, according to a BTC address shared by NiceHash user on Reddit, a sum of 4,736 BTC that is around 66,503,659.12 USD has been stolen. If the address belongs to NiceHash hackers, this is a massive blow for the company. Another important point HackRead.com has observed is that the amount in the BTC address is increasing gradually since initially, the address contained 60,000 USD.

Cryptocurrency mining market NiceHash hacked; $67m in Bitcoin stolen
When HackRead.com first checked the address it had 60,000 USD but within 30 minutes the amount increased to 66,000 USD

Like CoinHive, NiceHash provides cryptocurrency codes to users who are embedded in websites that use visitors’ CPU power to generate Bitcoin. The company was formed in 2014 and became a popular marketplace for miners.
NiceHash is urging users to change their online passwords. We are keeping an eye on the situation, expect an update soon.

7th Breach Against Cryptocurrency Platforms In Last 5 Months

According to reportsthe breach also affected the Bitcoin price over the weekend temporarily. However, this is the sixth major security breach against a cryptocurrency platform. Here is a timeline for all six breaches:
Bithumb breach: In July, Bithumb, one of the largest Bitcoin and Ether exchange platforms suffered a breach resulting in the theft of billions of South Korean Won.
CoinDash breach: In July again CoinDash (ISO), an Israeli cryptocurrency social trading start-up announced that its crowdfunding page was compromised during Token Sale event earlier today — As a result, hackers stole Ethereum worth $7 million.
Veritaseum breach: In July 2017 again, Veritaseum, another cryptocurrency platform announced that their Initial Coin Offering (ICO) suffered a data breach in which around US$8.4 million worth of Ethereum were stolen.
Parity Technologies breach: On July 20, 2017, unknown hacker stole $32 Million in Ethereum from 3 multisig wallets by exploiting a critical security flaw in its multi-signature wallet software.
Enigma Marketplace breach: In August this year, Enigma, a decentralized marketplace and cryptocurrency investment platform suffered a data breach in which hackers stole $500,000 in Ethereum. The hack took place when the firm was about to start the crypto token sale.
Tether hackOn November 19th, Tether, a start-up firm known for offering dollar-backed cryptocurrency suffered a data breach in which a whopping $30 million worth of tokens were stolen.
more:


How can I buy bitcoin in the UK?


 Bitcoin has attracted increased interest this year - here's how to get some CREDIT: AP

20 JULY 2017 • 6:30AM
The price of bitcoin has been surging in recent months. Compared to the start of the year, it has more than doubled, and has risen 250 per cent in the last year.
Bitcoin is famously volatile - few can predict with any certainty where it will go from here and many believe we're in the middle of a bubble - but one thing's certain: if you'd invested five years ago you'd be doing very well for yourself now.
There are two main ways to get hold of bitcoin - buying an expensive supercomputer (with a whopping electricity bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.
This isn't a realistic scenario for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair - long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

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However, the process isn't always entirely straightforward. Legal bitcoin services are heavily regulated, given the currency's association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step 1 - Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you're probably not going to go to those lengths, and there's no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.
There is no shortage of wallets, but one of the biggest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an easy to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.
Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as easy as doing so for an email or social media account.

Step 2 - Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your hands on them. Other wallets are likely to have the same protocols.
Note down your Wallet ID, found in Settings (you'll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you're ready to buy.

Step 3 - Find a broker

Once you've got your wallet, you're ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not - they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.
To do this, you have to find a broker. If you're getting confused, think of it like buying a foreign currency from the Bureau de Change: the wallet is your bank account and the broker is the Bureau de Change.
Brokers are the ones handling your real money - you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have strict "Know Your Customer" requirements that include identity verification.

They vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot allows you to compare brokers, including trust ratings.
To begin with you might want to stick with something easy to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site. 

Step 4 - Buy buy buy

Once you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.
The crucial piece of information you need is a bitcoin address - that's the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account - but it can be found there.
On Blockchain.info, it can be found in the Request tab - it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.
Every bitcoin broker will ask for your bitcoin address - that's the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you return to your Blockchain.info account you should find the coins there. Voila - now just wait for them to surge in value (or fall dramatically, either way).

Step 5 - Sell or spend

If you want to sell up, it's much the reverse of a purchase - people are quite happy to trade bitcoins for cash just as the other way around.
You can use the same broker websites to sell your bitcoins back. This will involve the broker giving you an address to send your bitcoins to - which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.
Spending is similar - there's a list of places that accept bitcoin here. You simply have to enter the bitcoin address of the place you want to send it to.



Greenspan Emerges From Tomb As Bitcoin Rises Above $16,000


The Rothschild Economist predicted in 1988, that we'd be ready for a world currency by 2018. Coincidence? 




The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Posted: 08 Dec 2017 10:06 AM PST
DUMBING DOWN AMERICA DONT BE SCARED...BE PREPARED...Merry Christmas Everyone!!! LOVE N HOPE The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

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Posted: 07 Dec 2017 10:15 PM PST
Claudio Grass joined me at the very moment Bitcoin briefly reached $19,000 causing old guard Central Bankers like Alan Greenspan to emerge from the crypt and announce "it's irrational." So was this the blow off top, or a glimpse of things to come? Clif High predicts $40,000 Bitcoin by summer. ...

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Posted: 07 Dec 2017 08:00 PM PST
 Max Keiser of the Keiser Reports Talks the Real Deal on Bitcoin – Which he says is going to crush the U.S. dollar and "blow the roof" off of every bank in America. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free...

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Posted: 07 Dec 2017 07:00 PM PST
 Betsy and Thomas discuss these topics: Where does Trump get his intel? Why is the U.S. Embassy moving from Tel Aviv to Jerusalem? Failed impeachment process by House leaves Trump’s presidency stronger The criminal activities of Peter Strvok creates havoc and turmoil among Washington...

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Posted: 07 Dec 2017 06:01 PM PST
It's a colossal corruption scandal, which the European Union prefers to hush up. Probably, for corruption reasons as well. On Monday, an EU ad hoc appeal committee voted to extend the license allowing farmers to use a fertilizer called glyphosate. The Financial Armageddon Economic...

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Posted: 07 Dec 2017 05:00 PM PST
 The prognosis to avert a government shutdown looks promising for now, as House Republicans prepare to put a short-term spending bill on the floor Thursday to keep the federal government running for another two weeks. But all eyes will be on the White House, where President Donald Trump and top...

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Posted: 07 Dec 2017 04:00 PM PST
The Rothschild Economist predicted in 1988, that we'd be ready for a world currency by 2018. Coincidence? The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers...

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Posted: 07 Dec 2017 02:41 PM PST
 Date: Thursday December 07, 2017 Today on Infowars Live TV - The Alex Jones Show Thursday, Dec. 7th: Obama Declares Trump Hitler - Former President Obama compares President Donald Trump to Adolf Hitler at an Economic Club of Chicago conference. Meanwhile, Democrat Senator Al Franken announces...

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Posted: 07 Dec 2017 02:00 PM PST
 My talk with Joachim Hagopian author of Pedophilia and Empire. We discuss the dissolution, by exposure, of evil in our world, and the re establishing of empathy, truth, ethics, love, self empowerment and courage. BOOK FREE ONLINE: http://tinyurl.com/pedoempire...DONATE TO AUTHOR:...

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Posted: 07 Dec 2017 01:00 PM PST
 The inside coup. Pence, who was angling to replace Trump after the Access Hollywood tape surfaced, has pretended for a year that he knew nothing about Flynn meeting with the Russian Ambassador, even though Pence was chair of the transition team. And a former CIA officer has gone on record...

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Posted: 07 Dec 2017 12:00 PM PST
 Welcome to the Great African Leadership Series where we feature great, inspirational Speeches and quotes from African Leaders. Ghanaian President Akufo-Addo Makes a Speech Every Young African Should Hear Now during a press confess between him and the President of France. The...

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