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Despite the recent fall of Bitcoin, experts have not yet abandoned their bullish sentiment. In fact, it seems that current events have only served to reinforce this perception. While it is true that bitcoin experienced a sharp drop, breaking essential supports for swing and day traders, in a long term vision it is possible that […]
The post Bitcoin Still ‘Wildly Bullish’ Despite Sharp Recent Retreat, Experts Say appeared first on CCN Markets
https://i.redd.it/ejwjx05wlla31.jpg
The ransomware attack infected the City’s computers and servers.
On July 2, 2019, the city’s IT team recovered all the encrypted files and restored the city services to normal operations as they had a backup computer system in place.
Richmond Heights City Hall suffered a ransomware attack on July 1, 2019. The ransomware attack infected the City’s computers and servers. However, email and internet services were not affected.
Mayor David Roche said the ransomware infected the City Hall when someone opened a phishing email from an anonymous sender. The ransomware encrypted all the files and the infected computer screen displayed the ransom note, demanding a ransom payment in bitcoins. However, how many dollars worth bitcoins were demanded remains unknown. “They get into your machine (computer) and they encrypt all your files, and then they say, ‘Give us a bunch of bitcoin and we’ll give you the encryption code to un-encrypt your files.' So, it’s a ransom. It’s a bitcoin thing. Then, they’ll tell you how to convert your credit card to bitcoin,” said Roche about the ransomware infection.
Upon discovery, City officials reported the incident to Richmond Heights Police Department (RHPD) and the FBI.
On July 02, 2019, the city’s IT team recovered all the encrypted files and restored the city services to normal operations as they had a backup computer system in place.
However, the RHPD and FBI are continuing to investigate the incident in order to determine the source of the attack.
The city’s IT team is also reviewing its security in order to ensure proper backup in the event of a future infection.
“The City Hall’s computer system appears to be functioning normally at this time, but will be monitored closely to ensure its data is protected,” Police Chief Thomas Wetzel said, Cleveland reported.
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If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.
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Welcome to the Newbie Monday Weekly thread at /r/bitcoinmarkets!
This is a weekly thread where you can ask any basic questions related to bitcoin trading without shame or embarrassment.
Some rules:
First and foremost, check out the links on the subreddit bar on the right as well as our Wiki for answers to common questions and good reading material on basic guides, strategies and indicators.
There are no questions too stupid, as long as they are about what to do and how to do it in bitcoin trading. If you don't like a question being asked - you don't have to answer it.
Be respectful, no name-calling.
Try to source your answers or support with chart examples, links, etc where possible.
This is not a a thread to ask rhetorical questions about the state of bitcoin. "With the halvening coming up, isn't it stupid not to buy every dip?" or "With only 2.7TPS how can bitcoin support a global economy" are better questions for the weekly fundamental thread.
Past Newbie Monday Threads - Link
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First Look at BitOrb Exchange Interface
BitOrb is a cryptocurrency derivatives exchange that offers Bitcoin and Ethereum perpetual contracts that are bought and sold in Bitcoin. BitOrb users will be able to trade these contracts with up to 100x leverage.
BitOrb is built from the ground up using a modular software design, utilising the best of trading practices and technologies. Architected using a high-performance, low latency technology stack that delivers microsecond performance able to handle throughput of more than 10,000 orders per second on a single server. BitOrb is built to scale and handle the high demands of an online derivatives exchange. This article will explore how BitOrb’s derivitaves is better
Orbyt Token holders who hold a minimum of 100 Orbyt Tokens in their designated Orbyt wallet and have passed our KYC verification will gain the “Preferred Status” — This allows users roughly up to a 30% discount on taker fee, making it one of the most competitive taker fee available in the market.
Preferred Status
Maker fee: +0.025%
Taker fee: -0.0525%
Normal fee
Maker fee: +0.025%
Taker fee: -0.075%[/size]
The back-end servers are where the different engines of BitOrb run. Key processes are run entirely in memory to ensure the fastest possible executions without going to disk.
First look at the exchange interface and the order form
Risk Engine
The configurable risk engine manages and audits every position on the exchange, providing visibility of all positions on BitOrb at any point in time, with the ability to suspend trading if required.
Liquidation Engine
With a configurable liquidation mechanism to handle any liquidation event, and management of margin requirements for the entire platform .
Matching Engine
BitOrb’s matching engine is built on a low latency high performance stack that delivers micro-second latencies and an expected throughput of ten thousand orders per second to ensure our users will always have access to the system.
Order Book
The configurable order book can build market depth ladders, span multiple cryptocurrencies, and has the capabilities to handle large volumes of inbound and outbound data
[size=12pt]1. The Orchestrator — is an easy to use, automated trading strategy maker that is built into BitOrb that assists users in creating automated executable trading strategies. These strategies can be used to take profits and/or to limit losses or even to layer in sophisticated strategies; such as setting trigger points based on common trading indicators or setting cross product orders.[/size]
http://i67.tinypic.com/2h6u8th.png
The Orchestrator interface displayed in BitOrb’s night mode
Simplified version — While every user and trader has their own personal individual preferences, we are enabling two basic modes for our exchange to cater for three broad categories of users based on their trading experience.
While the professional traders will tend to prefer our traditional exchange interface, the novice and casual traders would love our simplified interface if they prefer to skip the complexities of traditional cryptocurrency derivatives exchanges out there. You can trade cryptocurrency derivatives even if you are completely new to this!
Simplified Version of the BitOrb Exchange
This article originally appeared on https://www.bitorb.com/sneak-peak-into-the-bitorb-exchange/
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As a leading player in the Korean crypto market, Bithumb is one of the five largest Bitcoin trading platforms worldwide. Bithumb Global, the trading platform under Bithumb, officially supports IOST and will open IOST/USDT market at 3pm today. To celebrate the official listing of IOST on Bithumb Global，Bithumb and IOST have jointly organized a one million IOST giveaway across two events. Users who deposit IOST and trade actively will stand a chance to win from the one million IOST prize pool if they meet the conditions of the event.
Seeking community donations to go directly to Litecoin Foundation.
**If some Litecoin foundation guys would provide a donation address that would be great since the Litecoin Foundation website only provides a donation address on a 1 hour time limit thru coinbase.
I posted about this topic before… but now Im seeking donations for the LTC foundation.
I am an extreme litecoin believer. It’s my most held coin.
I also hold Monero and I see the comparison between BTC maximalists views on Litecoin and Monero. Many maximalists talk down almost every crypto project - including litecoin - but they have a silent respect for Monero which they never admit to. This is because Monero is 100% development focused and has a VERY cool use-case - total anonymity, more than all the other privacy coins.
Monero’s main development fund source is its crowd funding forum and if you look through it, you’ll see its quite an efficient system for commissioning more innovation and enhancements to the project.
https://ccs.getmonero.org/ — newer forum and design
https://forum.getmonero.org/ — original forum with many completed tasks
Litecoin NEVER pre-mined, or built into it a treasury... so, Litecoin has no other significant funding other than donations.
I whole-heartedly believe a great way to \*FUEL INJECT*\** more use-cases and more innovation for Litecoin, would be a similar crowdsourcing idea/funding system like the one Monero has…. Basically - lets all pitch in and get LTC foundation a lot more funding!
A community idea/funding forum will allow funding enhancements to litecoin and the litecoin ecosystem. And be a more liquid revenue stream for Litecoin Foundation so they can scale up development at layer 1, layer 2 level, and around the Litecoin ecosystem (hardware wallets, exchanges, events.)
Today Litecoin is an $8 billion market cap coin WITHOUT a focused development fund forum… so just imagine where it can be at if Litecoin scaled up more development by providing LTC foundation with community funding to not only scale up Litecoin development, but even work on Bitcoin development!
After all, Litecoin’s primary mission is to make Bitcoin even greater. So why not start now being a core contributor? Working on updates to Litecoin and Bitcoin would put LTC foundation on a level like blockstream in this space.
Another great way to raise funding would be Charlie Lee or Xinxi to have a Andreas Antonopoulos style patreon in which Litecoin super fans can contribute on a monthly basis.
Between 200,000 Litecoin redditers and 800,000 Charlie lee Twitter followers,
I imagine a Litecoin/Charlie patron could get at least 2,000 monthly donations, maybe even more with great incentives.
2,000 donations * $10/month = $20,000/month to the LTC foundation.
Just some thoughts for @coblee and Litecoin leaders.
