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Investing in cryptocurrency can produce incredible returns, but can easily be stolen if not protected. Arculus plans to help you protect those assets.
In the past few weeks, the value of several cryptocurrencies, including Bitcoin and Ethereum, has skyrocketed. This change has caused a lot of new people to get involved in investing in these currencies in an attempt to make some quick cash. However, unlike owning a few shares of Microsoft or Apple, there are inherent insecurities in owning cryptocurrencies. Most notably, having a public, or hot, wallet on an exchange holding your coins, is just asking for trouble. In fact, billions of dollars worth of cryptocurrency have been stolen in recent years. However, Arculus (https://www.arculus.co/) has a new solution to the problem.
The basis of cryptocurrency security is in making the wallet that holds those coins unavailable to hackers. This process is called cold storage, or storage that is not accessed regularly, compared to hot storage, which is accessed often. This could mean keeping it on a flash drive or a portable hard drive that is kept disconnected from a computer. However, Arculus’ new process adds a number of layers of security that the normal process is lacking.
In particular, this process has three-factor authentication. You must have something you know, which is your PIN, something you are, which is your biometric lock on your phone, and something you have, which is the Arculus card. This means that, without you, the value of your wallet is zero. In addition, the currency is maintained in an air-gapped state, meaning that it is not connected to the internet – preventing external hackers from stealing from you.
The company has built this technology on the back of its security expertise. They produce metal credit cards for several companies, as well as governmental access badges. With that background, they have produced what could be the most secure way to store and transfer your cryptocurrency assets. The Arculus card should be available soon. To learn more and sign up to be notified of the launch, head to the company’s website (https://www.arculus.co/).
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Bitcoin price tops and drops! Ethereum & altcoin news. 2021 bullish!
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EMERGENCY!!! THE BANKS ARE CORRUPT!! FinCEN Files: All you need to know about the documents leak!!! BITCOIN IS ABOUT TO PUMP HARD!! CAN IT HIT $12,000 NEXT WEEK!?! Ethereum is looking dumpy!! be warned about the altcoin market! Bitcoin dominance looks like bitcoin may just start taking over crypto again for a while DEFI is having a pullback and Ethereum fees got too high again!!
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Amid the ongoing political unrest in Belarus , some local cryptocurrency-related companies are reportedly setting up backup offices in neighboring countries. Currency.com, a Minsk-headquartered crypto trading company, is reportedly planning to open an office in Lithuania to provide a safe place for its employees. According to a Sept. 8 report by local news agency TUT. BY, Currency.com is offering its Belarus-based employees to “take a sabbatical” in Vilnius amid the current election-fueled unrest. Currency. com CEO Jonathan Squires reportedly said that the company will maintain its offices in Minsk, while relocation is voluntary. “We expect that most employees who wish to relocate will be able to do so in the near future,” Squires noted. Squires also said that Currency.com’s employees are free to either take part in local protests or refrain from participating. However, the staff is reportedly advised not to wear Currency.com or Capital.com-branded clothing in public. Capital.com is Currency.com’s sister platform , regulated by the United Kingdom’s Financial Conduct Authority and the Cyprus Securities and Exchange Commission. As reported, Currency.com’s decision to choose Lithuania was a natural move, as the firm has a lot of connections in the country. Vilnius is also located about 120 miles from Minsk. Cointelegraph reached out to Currency.com with additional queries but did not receive an immediate response. Belarus is home to a number of world-famous applications and games like Viber and World of Tanks. As Cointelegraph previously reported, the ongoing political unrest poses a threat to local IT and cryptocurrency projects . Companies in tech were heavily impacted by major internet outages that are supposedly linked to the government . As reported, 9.5 million people in Belarus did not have proper access to the internet on Aug. 9 — the day of the presidential election that resulted in Alexander Lukashenko claiming a sixth term with some 80% of the ballot. Protests following the disputed presidential election have seen brutal blowback from police, including reports of authorities torturing and even killing protestors. On Aug. 25, TUT. BY also reported that many Minsk-based employees of the Russian internet giant Yandex had to relocate to Russia following police raids on the company’s offices in Belarus.
All data is taken from the source: https://cointelegraph.com/
Article Link: https://cointelegraph.com/news/belarusian-crypto-exchange-looks-to-lithuania-amid-political-turmoil
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Coming out of pandemic lockdown, what is the aftermath of cryptocurrencies markets? Is there a way to make trading more accessible? Paul Foley, Founder, CTEXmarkets.
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In this episode of crypto clout we talk about Cryptocurrencies like Bitcoin and Holochain(HOT) and we discuss the future of #Holochain in the context of everything we have seen happening with crypto this far.
This market trading analysis applies to various exchanges, including Bitmex and Binance. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space.
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I make YouTube videos on cryptocurrency news, crypto altcoin analysis, bitcoin trading strategies and a lot more. You’ll find a lot of videos on gems to invest in and learn how I’ve earned money using Bitcoin.
This bitcoin market trading analysis applies to various exchanges, including Bitmex/Bybit and Binance. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year.
None of my Bitcoin (BTC) – or any other cryptocurrency videos/online posts – are to be used as financial advice. I am not liable for any losses you may incur when trading crypto, always do your own research (DYOR).
Contracts for Difference (“CFDs”) are leveraged products and carry a significant risk of loss to your capital, as prices may move rapidly against you and you may be required to make further payments to keep any trades open. Between 74-89% of retail investor accounts lose money when trading CFDs. These products are not suitable for all clients, therefore please ensure you fully understand the risks and seek independent advice.
– Sami Loyal
Ever wondered how Bitcoin transactions are tracked? Jonathan makes it his business to go down the rabbit hole looking for patterns in puzzles like Silk Road. Criminal behaviour is criminal behaviour, same way of thinking applies in the crypto currency world which makes tracking easier. Well, for a while at least 🙂
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BLOCKTV’s Yonah Hochhauser sits with Ethan Pierse to discuss China Central Bank Coin, Norweigian Air launching its own crypto exchange, New Zealand legalizes salaries in crypto, & RobinHood gets license to operate in the UK.
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