Saturday, March 31, 2018

0 FBI Warns of Crypto Scammers Posing as Exchange Support Staff

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FBI Warns of Crypto Scammers Posing as Exchange Support Staff

The Federal Bureau of Investigation (FBI) has published a document seeking to warn citizens of the increasing prevalence of scams executed through fraudulently posing as technical support staff for a company. The FBI’s notes that virtual currencies are becoming “increasingly targeted by tech support criminals.”

Also Read: Mailchimp Latest Company to Ban Cryptocurrency Advertising

Cryptocurrency Tech Support Theft on the RIse

FBI Warns of Crypto Scammers Posing as Exchange Support StaffThe FBI has issued a warning emphasizing the “widespread” nature of “Tech Support Fraud” – which “involves a criminal claiming to provide customer, security, or technical support in an effort to defraud unwitting individuals.” The FBI’s IC3 division reports an increase in tech support fraud of 86% during 2017 when compared with 2016 – with last year’s claimed losses “amount[ing] to nearly $15 million.”

The report states that “Some recent complaints [have] involve[d] criminals posing as technical support representatives for […] virtual currency exchangers,” with individual victim losses often in the thousands of dollars.”

The FBI states that “Criminals pose as virtual currency support,” luring “Victims to contact fraudulent virtual currency support numbers usually located via open source searches. The fraudulent support asks for access to the victim’s virtual currency wallet and transfers the victim’s virtual currency to another wallet for temporary holding during maintenance. The virtual currency is never returned to the victim, and the criminal ceases all communication.”

In other instances, criminals conducting tech support fraud “who have access to a victim’s electronic device use the victim’s personal information and credit card to purchase and transfer virtual currency to an account controlled by the criminal.”

FBI Pressures Social Media Networks to Ban Cryptocurrency Ads

FBI Warns of Crypto Scammers Posing as Exchange Support StaffThe FBI appears to be taking increasing action in the cryptocurrency sphere, with reports indicating that the institution has been actively working to persuade leading social media platforms to crackdown on the advertising of cryptocurrencies and ICOs.

Last month, a senior investigator at the Manitoba Securities Commission and the chairman of Canada’s Binary Options Task Force, Jason Roy, revealed that Canadian and U.S. authorities had been pressuring Facebook to enact a prohibitive policy with regards to cryptocurrency advertising.

Mr. Roy stated “What happened is that Canada’s Binary Options Task Force, as well as the FBI, explained to Facebook what the concerns were and that these types of ads are leading to people becoming victims. We’ve been talking to Google and had similar discussions and are waiting for them to take similar action.”

Have you ever fallen victim to a tech support scam? Share your experience in the comments section below!


Images courtesy of Shutterstock


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The post FBI Warns of Crypto Scammers Posing as Exchange Support Staff appeared first on Bitcoin News.

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0 Autonomous snowploughs have been used to clear a runway for the first time — here's how they work

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  • Swedish Company Semcom is the first company to clear snow from a runway using autonomous snowploughs.
  • The snowploughs are regular machines fitted with 4G communications and GPS.
  • The aim is to increase efficiency and reduce the delays at airports. 

An airport in Norway has been cleared of snow by completely autonomous snowploughs, and it could help reduce airport delays.

The technology uses 4G communications and GPS to allow retrofitted machines to navigate around runways.

The 5.5 metre wide vehicles are capable of clearing 357,500 square metres per hour, they work in formation with several other snowploughs at once, further increasing their efficiency. 

Produced by David Ibekwe.

SEE ALSO: We got a vegan and meat-eater to try London’s first vegan 'fish and chips' — here’s what they thought

Join the conversation about this story »

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0 9 over-the-top, macho Putin stunts that were nowhere near as impressive as they seemed

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0 Government not ready to bring political parties under privacy laws

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marketplacephones2

The government isn’t ready to legislate changes that would put political parties under privacy laws, but says other tools could be developed to help mitigate the threat to Canadians' personal information.

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0 Russian diplomats interfered in Canada's democracy, Ottawa says. Did they meddle in our election?

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Liberal Cabinet Retreat 20180112

When the Canadian government announced it would expel four Russian diplomats in retaliation for the poisoning of an ex-spy in Salisbury, U.K., it raised questions as to whether Ottawa was accusing Moscow of interfering in Canada's most recent election.

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0 Can you trust a government pot dealer?: Neil Macdonald

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Cannabis Marijuana Industry 20180212

Will customers have to identify themselves? Will their purchases be recorded? Perhaps, says Bill Blair, but that data would be protected by privacy laws, and never divulged. A matter of trust.

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0 A relic of Canada's atom age, the NRU reactor is shutting down for good

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chalk-river

On March 31, a little-known part of Canada’s nuclear history will end.

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0 1 in 4 anglophone Canadians have cut the cord on TV, survey suggests

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One in four anglophone Canadians have cut the cord and no longer pay for a traditional TV service, while just over half are Netflix users, a report by the Media Technology Monitor suggests.

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0 Trump planning to roll back gas mileage standards

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The Trump administration is expected to announce soon that it will roll back automobile gas mileage and pollution standards that were a pillar in the Obama administration's plans to combat climate change.

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0 SpaceX rocket carrying communications satellites blasts off in California

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SpaceX

A SpaceX Falcon 9 rocket carrying 10 satellites for Iridium Communications has blasted off from Vandenberg Air Force Base, California.

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0 Ancient B.C. footprints confirmed as earliest known in North America

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Calvert Island, British Columbia dig site

The footprints appear to have been left by the bare feet of people gathered around a focal point, likely a fire pit or hearth.

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0 It's a Canadian thing: Why big phone companies still dominate internet services amid cheaper options

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Shared Services Canada outsourcing

There are few things that raise the hackles of Canadian consumers more than the cost of telecom services. But when it comes to rising internet costs at least, experts say Canadians have only themselves to blame.

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0 Huobi Officially Launches in South Korea with 100 Cryptocurrencies

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Huobi Officially Launches in South Korea with 100 Cryptocurrencies

Huobi has officially launched in South Korea. The platform facilitates the trading of 100 cryptocurrencies and 208 markets. The exchange is also creating an investor protection fund and program to immediately compensate for any losses that are not investor error.

Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

Huobi Korea Launched

Huobi Korea, a subsidiary of the Beijing-based crypto trading service provider Huobi, announced that it has officially launched on March 30.

Huobi Officially Launches in South Korea with 100 Cryptocurrencies

“Huobi Korea will list 100 coins and 208 markets (33 USDT markets, 98 BTC markets, 77 ETH markets),” Zdnet detailed. The exchange stated that it stores 98% of its customer assets in cold wallets. Furthermore, the exchange’s internal access procedure has been strengthened, according to the publication. “In order to open the repository, we have added security to complex procedures that require multiple people to authenticate together,” the news outlet conveyed, and quoted an official of the exchange explaining:

We are also creating an investor protection fund and run an investor protection program to immediately compensate for losses that are not investor error.

100 Cryptos

Huobi confirmed on Thursday that “In Huobi Korea, 100 coins can be traded,” noting that the exchange “will try to support more and more coins trading.”

Huobi Officially Launches in South Korea with 100 CryptocurrenciesThe supported cryptocurrencies, according to Huobi, include DAT, DBC, DGD, DTA, EDU, ABT, ACT, ADX, AIDOC, APPC, AST, BAT, BCD, BCH, BCX, BIFI, BLZ, BTC, BTG, BTM, CHAT, CMT, CTXC, CVC, LINK, LSK, LTC, LUN, MANA, MCO, MDS, ICC, IOST, ITC, ICC, IOST, ITO, EKO, ELA, ELF, ENG, EOS, ETC, ETH, EVX, GAS, GNT, GNX, MTP, MTL, MTN, MTX, NAS, NEO, OCN, OMG, ONT, OST, PAY, POWR, PROPY, QASH, QSP, QTUM, QUN, RCN, RDN, REQ, RPX, RUFF, SALT, SBTC, SMT, SNC, SNT, SOC, SRN, STK, STORJ, SWFTC, THETA, TNB, TNT, TOPC, TRX, USDT, UTK, VEN, WAX, WICC, WPR, XEM, XRP, YEE, ZEC, ZIL, ZLA, and ZRX.

Korean Won Support Coming Soon

Huobi Officially Launches in South Korea with 100 CryptocurrenciesAs for the Korean won trading, Huobi Korea wrote, “the KRW market is in the process of being prepared and will be available soon.”

The lack of won trading is likely due to the South Korean regulation which enforced the real-name system at the end of January. Since its implementation, Korean banks have only been issuing virtual accounts to the country’s largest four exchanges – Upbit, Bithumb, Coinone, and Korbit. However, Money Today reported on Thursday that a major bank in Korea, Shinhan Bank, is in talks to start issuing virtual accounts to a smaller crypto exchange, Coinplug.

The official from Huobi Korea was quoted by Zdnet saying:

We are concentrating our ability to prepare for the rapid opening of the Korean won market…All employees will work hard to provide safer and more stable trading services.

Huobi’s Global Expansion

Huobi is currently the third largest crypto exchange globally with a 24-hour trading volume of $1.32 billion at the time of this writing. South Korea’s largest exchange is the Kakao-backed Upbit with a trading volume of $745 million during the same time period.

Before China closed down cryptocurrency exchanges, Huobi was among the largest in the country. Today, the company has a presence in six countries – Korea, Singapore, USA, Japan, Hong Kong and China.

Last week, Huobi registered with the U.S. Financial Crimes Enforcement Network in preparation for its U.S. launch. Meanwhile, Japan’s SBI Group has stopped the capital and business tie-up with Huobi Group.

What do you think of Huobi’s launch in South Korea? Let us know in the comments section below.


Images courtesy of Shutterstock and Huobi Korea.


Need to calculate your bitcoin holdings? Check our tools section.

The post Huobi Officially Launches in South Korea with 100 Cryptocurrencies appeared first on Bitcoin News.

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0 City of London's top policeman warns Brexit will leave Britain 'on the back seats' of intelligence sharing

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London Police

  • City of London Police Commissioner Ian Dyson said Brexit could diminish UK policing capabilities.
  • He warned that taking a more distant role in Europol would affect intelligence sharing.
  • He said the agency has helped London's police combat terrorism, fraud, and money laundering.


The head of the City of London's police force has warned that Britain's departure from the EU will leave it "on the back seats" on intelligence-sharing arrangements.

Ian Dyson, the Commissioner of City of London Police, said the UK's impending exit from the Europol joint policing agency could affect his ability to apprehend criminals overseas.

The warning is especially acute for policing London's Square Mile financial district, which is a target for large-scale economic crimes by organisations with an international presence.

In response to a question from Business Insider at a media briefing this week, Dyson described how an exit from Europol would detract from the "richness" of intelligence available to his officers.

Europol a "very impressive intelligence outfit"

He said: "Europol is, I think, a very impressive intelligence outfit, it feeds intelligence in from a whole host of agencies, not just policing, across Europe, and it does add to the richness of the information."

He said Europol information has helped his officers in the past who were investigating terrorism, money laundering, and fraud.

Ian Dyson

Dyson continued: "Europol is a European institution, so we cannot be a member of it if we're going to leave the EU. At the moment, a significant chunk of the intelligence that goes into Europol comes from the UK.

"We are sitting around the table in terms of how we prioritise, how we shape these organisations' response. We leave Europe, we will be on the back seats.

"Other countries sit on the back seats, but I'm not quite sure what that means for me as an operation head in terms of my ability to operate across Europe."

Police in countries like Turkey and the United States are partner agencies with Europol, but not full members.

At one point, the UK had hoped to remain a full member, but last November the EU said in no uncertain terms that British would have to leave, a position the UK appears to have accepted.

Dyson also said the potential loss of the European Arrest Warrant, which allows EU forces to ask each other to arrest suspects in their jurisdictions, would be a blow.

However, in a recent speech Theresa May said that the arrest warrant, and close ties to Europol, will be priorities in the Brexit negotiations, and that a lapse in the agreements is something neither the EU and UK "cannot let... happen."

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NOW WATCH: Harvard professor Steven Pinker explains the disturbing truth behind Trump's 2 favorite phrases

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0 GoScanSSH Malware Avoids US Military South Korea Targets Infosecurity Magazine

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0 AutoHotKey Malware Is Now a Thing BleepingComputer

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0 6800 affected in CareFirst phishing incident Baltimore Sun

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0 The Ransomware That Hobbled Atlanta Will Strike Again WIRED

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0 Atlanta still battling effects of ransomware attack expert says hack should be national wakeup call

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0 How to . . . change your MyFitnessPal password

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0 Multilevel campaigns must for awareness on data user security Nasscom Economic Times

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0 The Government Ransomware Dilemma To Pay or Not to Pay Government Technology

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0 Take Responsibility for Your Security Automation World

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0 Russian accused of massive US hacking is extradited pleads not guilty Reuters

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0 Only 17 of NHS trusts expect financial return from public cloud adoption Digital Health

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0 Protect Your Digital Signage Network from Hacksand from Bored Restaurant Workers with an Xbox Commercial Integrator

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0 Startup Zededa Targets CloudNative Edge Light Reading Light Reading

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0 Apan Jewellers website hacked again Dhaka Tribune

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0 This website lets you check if youve EVER been hacked and when The Sun

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0 Hacked Fortnite Players Say Epics Response Is Too Slow Kotaku

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0 Thousands of users hacked on bestiality website New York Post

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0 NY Middletown Medical dealing with data breach

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0 NY Arc of Erie County exposed client info for more than 2 years due to coding error

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0 Yevgeniy Nikulin made his initial appearance in federal court after extradition

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0 CareFirst phishing attack could affect 6800 members

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0 U.S. to Seek Social Media Details From All Visa Applicants

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0 The Ultimate eSignature Kit for Sales Professionals Includes Free 30Day Trial to Adobe Sign

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0 Is Your Office 365 Data Protected and Discoverable

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0 Microsoft Fixes Bad Patch That Left Windows 7 Server 2008 Open to Attack

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0 Derrick Cogburn On Internet Governance In The Age Of Cyber Attacks And Data Breaches

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0 Internet Security Software Market 2018 Global Industry Key Players Share Trend Segmentation and Forecast to 2025

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0 SpaceX has a good day Successful launch and FCC satellite approval

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0 webapps Tenda W316R Wireless Router 5.07.50 Remote DNS Change

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0 webapps DLink DIR850L Wireless AC1200 Dual Band Gigabit Cloud Router Authentication Bypass

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0 These Are the Worst Performing Cryptocurrencies of 2018 – So Far

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0 Bitkan CEO Discusses China, Bitcoin Cash, and the ‘K Site’

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0 Gazprombank to Try Crypto Deals in Switzerland

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Gazprombank to Try Crypto Deals in Switzerland

Gazprombank, one of Russia’s largest financial institutions, is planning to perform some cryptocurrency deals by the end of the year. According to one of its top managers, the bank is responding to demand from “substantial clients”. The pilot transactions will be conducted through its subsidiary in Switzerland.

Also read: New Bill Aims to Allow Crypto Payments in Russia

Working on Procedures, Looking into Options

The state-owned Gazprombank may try to conduct some cryptocurrency transactions on behalf of its customers as early as this year, Russian media reported. They will be channeled through its Swiss-based subsidiary, Deputy CEO Alexander Sobol told Interfax news agency.

Gazprombank to Try Crypto Deals in Switzerland“These will be pilot deals, not on a large scale. Some substantial private clients have asked for this kind of services,” Sobol explained. The bank is currently looking into different options to meet that demand. Gazprom’s subsidiary in Switzerland is studying the opportunities there. The alpine country has implemented more liberal regulations, he noted.

According to the high-ranking representative, the Russian bank has not yet developed crypto-related procedures. No decision has been taken to offer the new services to regular customers. However, Alexander Sobol stressed that the bank’s management is actively following [crypto] developments.

Gazprombank is the third-largest bank in the Russian Federation. It offers retail, corporate, investment and depositary services, as well as clearing and settlement products. It also deals with securities and forex instruments. Gazprombank owns shares in three other Russian banks and is operating in Belarus and Switzerland through subsidiaries.

Breaching AML Rules in Switzerland

About a month ago the Swiss Financial Market Supervisory Authority (FINMA) banned Gazprombank (Switzerland) from attracting new private customers. The regulator found deficiencies in its anti-money laundering procedures. The agency inspected more than 30 banks within an investigation which began in 2016 after the Panama Papers revelations. FINMA said that the bank had breached its own AML requirements between 2006 and 2016.

The Swiss subsidiary was founded as Russische Kommerzial Bank AG in 1992. It was renamed after its acquisition by Gazprombank in 2009. The bank specializes in financial operations related to the bilateral trade between Russia and Switzerland. It also provides services to Swiss companies investing in the Russian Federation and the CIS countries.

Gazprombank to Try Crypto Deals in Switzerland

Cryptocurrency deals are not yet regulated in the Russian Federation. However, two draft laws aimed to change the status quo have been introduced in the State Duma this month. The bill  “On Digital Financial Assets” is going to legalize blockchain technologies, mining operations and initial coin offerings. The other draft is supposed to amend Russia’s Civil Code in order to regulate the use of “digital money” and protect the investors. The bills should be adopted in June or July.

Earlier in March, a working group proposed tax exemptions on profits from crypto-related transactions after a meeting at the Ministry of Economic Development in Moscow. It gathered representatives of several government institutions and the private sector. Gazprombank also took part in the consultations.

Do you expect more Russian banks to enter the crypto sector after its legalization? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


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0 Bitcoin ATM Installed in Georgia Amid Growing Interest in Crypto

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Bitcoin ATM Installed in Georgia amid Growing Interest in Crypto

A new automated teller machine now offers Georgians a fast and easy way to buy and sell bitcoin and litecoin. Support for bitcoin cash has been promised, and other cryptos will also be added in the future. The ATM has been set up at a burger restaurant in the heart of the Georgian capital Tbilisi.

Also read: Crypto Business Is Now Legal in Belarus

Bitcoins and Burgers

Cryptocurrencies in Georgia have been gaining popularity in recent years. The country has become a regional leader in the adoption of bitcoin and blockchain technologies. A new cryptocurrency terminal has been set up in Tbilisi offering the opportunity to exchange bitcoins and litecoins with the Georgian lari. The company behind the initiative promises to provide support for bitcoin cash and plans to introduce other cryptos, like ethereum.

Bitcoin ATM Installed in Georgia amid Growing Interest in CryptoThe new BATM has been installed at the New York Burger restaurant between Tkvarcheli Street and Merab Kostava Street in the Georgian capital, not far from the 26 May Square. It is operated by a local firm called TPS. The company provides exchange services through cash terminals and an online trading platform.

According to Coinatmradar, another crypto ATM, which also supports bitcoin and litecoin transactions, can be found on 12 Shalva Dadiani Street in Tbilisi. Both teller machines are manufactured by the Prague-based company General Bytes.

Bitcoin ATM Installed in Georgia amid Growing Interest in Crypto

More and more people in the Caucasus believe cryptocurrencies are the future of money. According to Giorgi Cheishvili, programmer at TPS, the popularity of digital coins is growing every day, and the Georgian market reflects the global trends.

“Many people want to exchange their cryptos and a growing number of Georgians are interested in buying cryptocurrency,” he told the local news outlet Marketer. In his opinion, Georgia is a leading country when it comes to opportunities to obtain bitcoin and the like.

“Many are interested in crypto innovation and business,” noted Anthony Sollimon, manager of the New York Burger restaurant. “We want to create a convenient environment where they will be able to make the necessary transactions,” he added.

A Regional Crypto Leader

Bitcoin ATM Installed in Georgia amid Growing Interest in CryptoGeorgia is considered a pioneer in crypto legalization among countries in the South Caucasus. In the last several years, it has implemented blockchain technologies, both in the private and the public sector. Since 2016, the country’s land register has been maintained on a blockchain. Georgia is also home to one of the first bitcoin mining farms in the region.

Special courses are currently offered in Tbilisi for those who want to expand their knowledge of cryptocurrencies. Members of the Georgian crypto community have invited experts from EU countries to take part in the educational program.

Georgia’s neighbor Armenia has been trying to catch up in recent months. A bill to regulate cryptocurrency mining was introduced in Yerevan in February, as reported by news.Bitcoin.com. The proposed legislation offers crypto miners tax exemptions and other incentives. Operators of mining facilities will not be required to apply for any permissions or licenses. According to local experts, the draft law will effectively legalize cryptocurrency transactions.

Do you think the availability of bitcoin ATMs helps the adoption of cryptocurrencies? Share your thoughts in the comments section below.   


Images courtesy of Shutterstock, Coinatmradar, Google Maps.


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0 Chinese Investors Use Wechat Brokers to Bypass ICO Ban

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Chinese Investors Use Wechat Brokers to Bypass ICO Ban

Reports have alleged that many Chinese cryptocurrency investors are seeking middle-men agencies on Wechat to facilitate their transactions in order to bypass the nation’s prohibitive virtual currency regulations and access exposure to initial coin offerings (ICOs).

Also Read: Ford to Use Cryptocurrency for Inter-Vehicle Communication System

ICO Token Brokerages Allow Chinese Investors to Bypass Ban

Chinese Investors Use Wechat Brokers to Bypass ICO BanAccording to The South China Morning Post, China’s ICO ban has given rise to an industry of agencies providing brokerage services to Chinese investors seeking to invest in initial coin offerings.

Said cryptocurrency middle-men are reported to be promoting their services via popular social messaging app Wechat, and are charging a significant premium for the service. One agency, An Hui Tian Ce Blockchain charges upward of ten percent on investments made in ICOs using its services. A representative of the agency indicated that clients make all payments in advance using Ethereum.

Dragonsocial, a Hong Kong-based marketing firm that specializes in assisting ICOs to promote their token sales to Chinese investors, has devoted resources to the development of what it describes as “cryptocurrency communities” on Wechat.

ICO Brokerage Agencies Advertise on Wechat

Chinese Investors Use Wechat Brokers to Bypass ICO BanDragonsocial’s operations officer, Cao Ming Xiu, stated that “Lots of companies launched ICOs last year, when there were a limited number of investors. We thought it was high time to provide them with a service.”

Cao Ming Xiu defended the legitimacy of Dragonsocial’s services, stating that “There were many cases in China where people posted adverts with big WeChat groups. But that goes against Chinese regulations, and we don’t do that. Rather, what we do is community-building. We don’t promote our clients and their ICOs in groups, instead, we discuss them.”

Cao estimates that more than 20,000 Wechat groups devoted to the discussion of ICOs exist across mainland China. Dragonsocial’s head of growth, Raymond Lam, stated “Some groups have hundreds of people involved,” adding that “A small percentage of them are our employees, and they lead conversations. It is through that, we help members discuss certain new projects.”

The Folly of Prohibition

Chinese Investors Use Wechat Brokers to Bypass ICO BanThe vice-president of the Hong Kong Blockchain Society, Emil Chan, believes that the challenges associated with fully enforcing China’s virtual currency ban combined with the rapid dynamism of the ICO industry may render the effective regulation of online cryptocurrency brokers an insurmountable task.

“There is actually no way to ban all unregulated dealers, [If you ban one], they’ll just set up another,” Chan said. “Where there’s demand, there will be supply. If there are gains to be made, then people will take risks.”

What is your response to the proliferation of ICO token brokerage agencies on Wechat? Share your thoughts in the comments section below!


Images courtesy of Shutterstock


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0 ​PR: Chandler Guo Joins Education Ecosystem LiveEdu as Advisor​

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Chandler Guo Joins Education Ecosystem LiveEdu as Advisor​

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

Renowned cryptocurrency angel investor Chandler Guo has joined the Education Ecosystem as an advisor. Chandler will be helping to increase the ecosystem’s reach in China by providing introductions to major Chinese crypto marketing influencers, news sites and bloggers. This will provide added exposure for the Education Ecosystem project and their Education tokens (LEDU).

Mr. Guo will also be integral to the Education Ecosystem event roadshow, which will be held in China later this year. On this roadshow Education Ecosystem team members will tour the biggest cities in China and present the project. He will also be providing introductions to Chinese crypto experts and helping to get LEDU tokens listed on more exchanges. Finally, Chandler will facilitate introductions to major universities and online education companies in China when the Education Ecosystem begins work on the external ecosystem.

Chandler is one of the most well known Bitcoin and cryptocurrency figures in China. He was one of the first bitcoin miners and was championing bitcoin and other crypto assets before they had become mainstream. Now he runs one of the largest bitcoin mines in China, BitBank. Chandler Guo is an angel investor in Bitcoin and Ethereum Classic startups through Bitangel, including Btc123.com, Bw.com, Bitfund.pe, Richfund.pe, etcchain.com, qtum.org and bither.net. Chandler’s experience and knowledge in the cryptocurrency space is evident by the articles about him in high profile websites like BBC, his interviews on networks such as Bloomberg and his talks at events such as the World Economic Forum in Davos.

The addition of Chandler Guo to the advisory board of the Education Ecosystem will help to create the largest project learning library on future technologies and increase the utility of the Education token within the ecosystem. While development of the platform continues, you can:

Buy education tokens (LEDU) now on Gate.io and Bibox!

About Education Token (LEDU)
Education Token (LEDU) is an ERC20 token that lives on the Ethereum blockchain. It is used to power the Education Ecosystem and is a key component of our plan to disrupt the $306 billion professional development industry using the blockchain. Education tokens are used as payment for all financial transactions in the internal ecosystem, as well as rewards for project creators, learners, site moderators, and API ecosystem developers. Education tokens are also used for governance, giving users the power to vote on the future of the platform — not just what projects are being created, but the features that the development team implements and what new project topics to support. Education tokens will also be used in our external ecosystem to drive transactions with businesses, schools, libraries, colleges and online education companies.

Website and Social Media
Website: https://tokensale.liveedu.tv/
Whitepaper: https://tokensale.liveedu.tv/static/docs/LiveEdu-white-paper.pdf
Twitter: https://twitter.com/edu_coins
Telegram: https://t.me/educoins

Contact Email Address
content@liveedu.tv
Supporting Link
https://tokensale.liveedu.tv/

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post ​PR: Chandler Guo Joins Education Ecosystem LiveEdu as Advisor​ appeared first on Bitcoin News.

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0 Mailchimp Latest Company to Ban Cryptocurrency Advertising

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Mailchimp Latest Company to Ban Cryptocurrency Advertising

Popular email automation company, Mailchimp, has become the latest company to ban promotional materials pertaining to initial coin offerings and cryptocurrencies. The ban is formally acknowledged in the company’s new terms of service, which was updated on March 29.

Also Read: Two Turkish Imams Fired for Allegedly Investing in Bitcoin

Mailchimp Prohibits Emails Promoting Cryptocurrencies

Mailchimp Latest Company to Ban Cryptocurrency AdvertisingLeading email automation services provider, Mailchimp, recently updated its terms of service – revealing that the company has chosen to crack down on the promotion of initial coin offerings and virtual currencies through its services.

Cryptocurrencies are now addressed at the bottom of the “Prohibited Content” section of Mailchimp’s acceptable use policy. The policy states that the company will not “allow businesses involved in any aspect of the sale, transaction, exchange, storage, marketing or production of cryptocurrencies, virtual currencies, and any digital assets related to an Initial Coin Offering, to use MailChimp to facilitate or support any of those activities.”

New Policy to be Enforced From April 30th

Reports have cited an email sent to a Mailchimp customer requesting further information regarding the company’s decision to prohibit the promotion of cryptocurrencies.

Said email claims that virtual currencies are “too frequently associated with scams, fraud, phishing, and potentially misleading business practices,” adding that Mailchimp “made th[e] decision to update our Acceptable Use Policy in order to protect the millions of businesses that use MailChimp for their marketing.”

The email also indicates that the new policy will not into effect until April 30th.

Number of Major Internet Companies Initiating Crypto Advertising Crackdowns Continues to Grow

Mailchimp Latest Company to Ban Cryptocurrency Advertising2018 has seen a sudden proliferation in the number of major internet companies seeking to reign-in the use of their platforms for the purposes of advertising initial coin offerings and cryptocurrencies.

On the 30th of January, Facebook announced a new advertising policy that saw the prohibiting of “ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency.”

On Tuesday, March 27, Twitter updated its Restricted Content Policies with regard to the promotion of financial services and related content – which now outlines provisions regarding “cryptocurrency ICOs” and “Cryptocurrency token sales.” According to news.Bitcoin.com’s coverage of the matter, “any advertisement for financial products and services must be compatible with all applicable laws in each country, provide necessary disclosures, balanced information of risks and benefits, and all information that must be provided to the investor. Moreover, the network will now only allow ads by cryptocurrency exchanges and wallet services that are publicly-listed companies on major stock markets.”

Earlier this month, Google announced upcoming changes to its policies regarding the advertising of financial products in June. The new policy will see ads “initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice” blocked from being served to viewers. Despite the estimation that the new policy will come into effect in June, anecdotal evidence suggests that Google may already be making efforts to prevent crypto ads from being served.

Do you think that more companies will restrict cryptocurrency advertising on their platforms? Share your thoughts in the comments section below!


Images courtesy of Shutterstock


Want to create your own secure cold storage paper wallet? Check our tools section.

The post Mailchimp Latest Company to Ban Cryptocurrency Advertising appeared first on Bitcoin News.

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0 Okex Rolls Back Futures Contracts After Liquidations Leave Traders Reeling

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Okex Rolls Back Futures Contracts After Liquidations Leave Traders Reeling

Okex has promised to roll back futures transactions after irregular activity saw bitcoin plunge to under $4,800. The incident triggered massive liquidations, wiped out hundreds of contracts, and saw one trader threaten to commit suicide in front of Okex’ Hong Kong offices.

Also read: Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy

Okex Reverses the Rekoning

Okex Rolls Back Futures Contracts After Liquidations Leave Traders ReelingCryptocurrency trading in the current climate is tough enough without being subjected to illegal liquidations. On Friday March 30, anomalies at the Chinese-run Okex exchange saw millions of dollars wiped out from trading accounts after a flash crash obliterated long positions. Vociferous protestations from Okex customers included one individual arriving at the firm’s Hong Kong HQ branding what he claimed to be a bottle of poison. The man claimed to have lost $10 million through forced liquidation, and threatened to drink the liquid if the matter wasn’t rectified.

In a statement issued on March 30, Okex wrote: “To prevent forced-liquidations due to price differences after the settlements in “bi-weekly” and “quarterly” futures contracts, we will rollback the transactions as mentioned, and all futures contracts will be delivered at 00:00 Mar 31, 2018 (Hong Kong Time). Further announcement will be made if there are any changes in delivery time.”

Okex Rolls Back Futures Contracts After Liquidations Leave Traders Reeling

The exchange has promised to reset futures contracts to 4:47 Mar 30, 2018 Hong Kong time and apologized to traders affected by the sudden liquidation. While bitcoin’s price action has been choppy for days, Okex is the only exchange to have been affected so profoundly. While BTC was dipping under $4,800 on Okex, which is owned by Okcoin, it held $7,000 everywhere else.

Forced Liquidations Leave a Bitter Taste

Margin and futures trading is a risky business, but remains popular with traders, as the rewards for predicting where bitcoin will move next can be substantial. The extreme dip that occurred on Okex was clearly an anomaly, though, that traders could not have seen coming. The exchange is investigating the matter to determine whether it was the result of a technical error or manipulation.

Do you think Okex is right to roll back the liquidated contracts? Let us know in the comments section below.


Images courtesy of Shutterstock, Twitter, and Okex.


Need to calculate your bitcoin holdings? Check our tools section.

The post Okex Rolls Back Futures Contracts After Liquidations Leave Traders Reeling appeared first on Bitcoin News.

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0 Not Dead: There’s Good Reason to Be Long on Bitcoin

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0 Testing Cryptocurrency Atomic Swaps With Barterdex

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0 THE AUTONOMOUS MOBILITY ECOSYSTEM: How automakers can compete in the future of mobility

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Mobility Market

This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here.

Automakers are on the verge of a prolonged period of rapid change to the way they do business, thanks to the combined disruptive forces of growing on-demand mobility services and self-driving cars, which will start to come to market in the next couple of years.

By the end of 2019, Google spinoff Waymo, Uber, and GM all plan to have fleets of autonomous cars deployed in various US cities to provide on-demand rides for passengers. By eliminating the cost of the driver, these rides are expected to be far cheaper than typical Uber or Lyft rides, and even cheaper than owning a car for personal transportation.

Many industry experts are predicting that such cheap on-demand autonomous rides service will result in a long-term decline in car ownership rates — PwC predicts that the total number of cars on the road in the US and EU will drop from 556 million last year to 416 million in 2030.

This decline in car ownership represents an enormous threat to automakers’ traditional business models, forcing them to find alternative revenue sources. Many of these automakers, including GM, Ford, and Daimler, have plans to launch their own on-demand ride-hailing services with fleets of self-driving cars they will manufacture, potentially giving them a new stream of recurring revenue. This could set them up to take a sizeable share of a market that is expected to be worth trillions by 2030.

However, competing in the on-demand mobility market will pit legacy automakers against ride-hailing services from startups and tech giants that have far greater experience in acquiring and engaging consumers through digital channels. To succeed in what will likely be a hyper-competitive market for urban ride-hailing, automakers will have to foster new skill sets in their organizations, and transform from companies that primarily produce vehicles to ones that also manage vehicle fleets and customer relationships.

That will entail competing with startups and tech giants for software development and data science talent, as well as reforming innovation processes to keep pace with digital trendsetters. Automakers will also need to create unique mobile app and in-car experiences to lure customers. Finally, these automakers will face many overall barriers in the market, including convincing consumers that self-driving cars are safe, and dealing with a complex and evolving regulatory landscape.

In a new report, Business Insider Intelligence, Business Insider's premium research service, delves into the future of the on-demand mobility space, focusing on how automakers will use fleets of self-driving vehicles to break into an emerging industry that's been dominated thus far by startups like Uber and Lyft. We examine how the advent of autonomous vehicles will reshape urban transportation, and the impact it will have on traditional automakers. We then detail how automakers can leverage their core strengths to create new revenue sources with autonomous mobility services, and explore the key areas they'll need to gain new skills and capabilities in to compete with mobility startups and tech giants that are also eyeing this opportunity. 

Here are some of the key takeaways:

  • The low cost of autonomous taxis will eventually lead car ownership rates among urban consumers to decline sharply, putting automakers’ traditional business models at risk.
  • Many automakers plan to launch their own autonomous ride-hailing services with the self-driving cars they're developing to replace losses from declining car sales, putting them in direct competition with mobility startups and tech giants looking to launch similar services.
  • Additionally, automakers plan to maximize utilization of their autonomous on-demand vehicles by performing last-mile deliveries, which will force them to compete with a variety of players in the parcel logistics industry.
  • Regulatory pressures could also push automakers to consider alternative mobility services besides on-demand taxis, such as autonomous on-demand shuttle or bus services.
  • Providing these types of services will force automakers to make drastic changes to their organizations to acquire new talent and skills, and not all automakers will succeed at that.

In full, the report:

  • Forecasts the growth of autonomous on-demand ride-hailing services in the US.
  • Examines the cost benefits of such services for consumers, and how they will reshape consumers’ transportation habits.
  • Details the different avenues for automakers to monetize the growth of autonomous ride-hailing.
  • Provides an overview of the various challenges that all players in the self-driving car space will need to overcome to monetize their investments in these new technologies in the coming years.
  • Explains the key factors that will be critical for automakers to succeed in this emerging market.
  • Offers examples of how automakers can differentiate their apps and services from competitors’.

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0 'This guy has no idea what he's doing': Former Obama deputy rails against Trump's pick for VA secretary

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jim messina

  • President Barack Obama's former deputy chief of staff Jim Messina criticized President Donald Trump's pick for Veterans Affairs secretary on Friday, calling the nominee "the worst choice you could possibly imagine."
  • Trump nominated US Navy Rear Adm. Ronny Jackson to be his next Veterans Affairs secretary on Wednesday. 
  • Although he spoke highly of Jackson's character, Messina said the doctor is unqualified to lead the US's second-largest federal agency.


A former Obama official railed against President Donald Trump's decision to nominate US Navy Rear Adm. Ronny Jackson as Veterans Affairs secretary by offering an analogy that illustrated how he believes Jackson is unqualified for the job.

Jim Messina, who once served as President Barack Obama's deputy chief of staff, said that nominating Jackson, who served as a physician under Obama and Trump and is now on deck to lead the VA pending confirmation, "was the worst choice you could possibly imagine."

"It's like having your Uber driver park the space shuttle," Messina quipped on Friday night during an interview with MSNBC anchor Craig Melvin on Friday. "This guy has no idea what he's doing. And because he's nice and spends a lot of time with the president, he gets his own Cabinet seat."

Despite Messina's criticism of Jackson, he spoke highly of the doctor's character.

"I mean, there was this great guy who was my doctor when I was in the White House who was the nicest guy, wouldn't hurt anyone's feelings, was always kind of a great guy, you know, just kind of hanging around," Messina said.

"Donald Trump just made him the VA secretary," Messina continued. "He has no experience running anything. I loved him, he was my personal doctor."

Other former officials echoed Messina's assessment.

"I personally know and greatly respect Ronny Jackson....as a terrific doctor and Navy officer," former CIA director John Brennan said Thursday on Twitter. "However, he has neither the experience nor the credentials to run the very large and complex VA. This is a terribly misguided nomination that will hurt both a good man and our veterans."

The VA is the second-largest federal agency that provides healthcare, educational benefits, home loans, and other services to millions of US service members.

On Wednesday, Jackson was nominated to replace Sec. David Shulkin, who was mired in internal scandals.

Shulkin said his ouster was politically motivated by Trump surrogates who advocated for the privatization of VA healthcare services: "This was used in a political way to try to remove me," Shulkin said to Fox News anchor Bret Baier on Thursday. "This is Washington. I'm a big boy, I understand that."

Watch the interview below:

SEE ALSO: 'This is Washington. I'm a big boy': Recently ousted VA secretary says his removal was fueled by politics

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0 Tesla reveals the driver killed in a Model X crash was traveling with Autopilot engaged, received 'several' automated warnings before the collision (TSLA)

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tesla model x crash

  • A Tesla Model X destroyed in a fiery crash that also killed the driver had been operating on Autopilot moments before the collision, Tesla announced on Friday night, citing information collected from vehicle logs.
  • The company said the driver had set a distance-control feature that determines how much space the Model X keeps between itself and other vehicles to the "minimum" setting.
  • Tesla also asserts that the driver had received "several visual and one audible hands-on warning," and their hands were not detected on the wheel "six seconds prior to the collision."

Tesla revealed new information about a collision involving a Model X, in which the driver of the electric SUV was killed last week.

The company said in a blog post on Friday night that the Model X had been operating on Autopilot, its semi-autonomous driving system, before the crash, according to data obtained from onboard vehicle logs. The driver had also set a distance-control feature that determines how much space the Model X keeps between itself and other vehicles to the "minimum" setting, the company said.

According to Tesla, the driver had received "several visual and one audible hands-on warning" during the drive, and their hands were not detected on the steering wheel "six seconds prior to the collision."

The Model X slammed into a highway barrier in the Northern California city of Mountain View on March 23. The driver later died at a hospital.

Tesla said the driver "had about five seconds and 150 meters of unobstructed view of the concrete divider with the crushed crash attenuator, but the vehicle logs show that no action was taken."

The National Transportation Safety Board (NTSB) is investigating. Two other vehicles were involved in the collision.

It is the second collision involving a Tesla operating on Autopilot that the NTSB has investigated so far this year. The agency was also looking into a Model S sedan that collided with a fire truck in the Los Angeles suburb of Culver City in January.

Tesla has said that "Autopilot is not a fully self-driving technology and drivers need to remain attentive at all times."

The Autopilot system is designed to warn drivers whenever it detects that the driver's hands are not on the wheel. The severity of those alerts gradually escalates if the driver does not respond. The Autopilot system eventually deactivates itself if the driver ignores the warnings.

SEE ALSO: A Tesla Model X caught on fire after crashing into a highway barrier — and Tesla has a theory about why the crash was so bad

DON'T MISS: Tesla issues its largest recall to date, affecting 123,000 Model S vehicles

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0 THE SELF-INSTALLED SMART HOME REPORT: Why current smart home device owners are appealing to tech companies

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This is a preview of a research report from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here.

Not that long ago, many home-appliance and consumer-electronics makers were gearing up for what they thought would soon be a rapidly growing market for smart home devices.

The instant popularity of the Nest thermostat, introduced in 2011, seemed to confirm their hopes. But those expectations were dashed in the coming years as the market for connected home devices later stagnated. 

Even with these challenges, many of the biggest consumer technology companies are now moving into the smart home market. For example, Apple, which recently released its self-installed smart home ecosystem, called the Apple Home, traditionally doesn't move into a market until it's very mature and only when it can release a perfected product. Further, Google this fall launched the Google Home and its companion ecosystem, hoping to jump into the voice-activated smart home speaker market, which Amazon currently dominates with its Echo product line. 

In a new report, BI Intelligence examines the demographics of the average smart home device owner and discuss why current smart home device owners are appealing to tech companies. The report also examines the plans of various tech giants in the smart home market and discuss their monetization strategies, and makes suggestions for how these companies can position themselves to make their products and devices more appealing to the mass market.

Here are some key takeaways from the report:

  • Tech companies primarily enter the market to enhance a core revenue stream or service, while device makers desire to collect data to improve their products and prevent costly recalls.
  • We forecast there will be $4.8 trillion in aggregate IoT investment between 2016 and 2021.
  • These companies are also seeking to create an early-mover advantage for themselves, where they gain an advantage by this head start on adoption.
  • Major barriers to mass market adoption that still must overcome include technological fragmentation and persistently high device prices.

In full, the report:

  • Details the market strategy of prominent tech companies and device makers, and analyzes why which ones are best poised to succeed once adoption ticks up.
  • Offers insight into current ownership through an exclusive survey from BI Intelligence and analyzes what demographics will drive adoption moving forward.
  • Explains in detail which companies are poised to succeed in the market in the coming years as adoption increases and mass market consumers begin to purchase smart home devices.

To get your copy of this invaluable guide to the IoT, choose one of these options:

  1. Subscribe to an ALL-ACCESS Membership with BI Intelligence and gain immediate access to this report AND over 100 other expertly researched deep-dive reports, subscriptions to all of our daily newsletters, and much more. >> START A MEMBERSHIP
  2. Purchase the report and download it immediately from our research store. >> BUY THE REPORT

The choice is yours. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of smart homes.

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0 People are sharing photos proving that you can be 'disabled and happy' — and the internet is loving it

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#disabledjoy

  • Andrew Farkash created #DisabledJoy to celebrate the disabled community.
  • Hundreds of people have taken to social media to join Farkash in creating visibility of those who have disabilities but are joyful. 
  • Farkash told INSIDER, “My goal was to empower — and bring joy — to my Disabled community and I was happy to see that it did for so many people.”


On Sunday, writer 
Andrew Farkash took to Twitter to tackle a flawed thinking many people have regarding those with disabilities.

Along with four pictures by photographer Myai Jackson, Farkash wrote, "There's a common misconception that you can't be Disabled and happy. That you can't express joy, and if you do, you must not be hurting or Disabled anymore. I propose a new hashtag to empower us and show people otherwise: #DisabledJoy."

 

Since then, the post has received thousands of shares with hundreds of people all over the world posting in solidarity with Farkash, proving that being happy and being disabled are not mutually exclusive qualities.

 

 

"I got the idea to start #DisabledJoy recently when people in my life noticed that I was starting to go out more and seemingly feeling better," Farkash told INSIDER. "I hated the idea that every time I expressed joy it meant that I was no longer suffering. I felt like I wasn't able to be happy without people automatically assuming that I am ok. I also wanted people to realize that Disability and joy/happiness aren't mutually exclusive and that people who are Disabled don't live a miserable existence."

Farkash has pudendal neuralgia, also referred to as chronic pelvic pain, as well as bipolar disorder. His ultimate goal for #DisabledJoy is to, as they explained, "empower — and bring joy — to my Disabled community, and I was happy to see that it did for so many people."

Since Sunday, the reaction on social media has been amazing and, to Farkash's surprise, unanimously positive.

"I don't think there was a single negative reaction, which is rare for social media. Hundreds of people shared their photos or moments of Disabled Joy and it was beautiful to see," Farkash told INSIDER. "Disabled people go through a lot, be it ableism or just dealing with their conditions, and so when they do have a moment of joy, that's special, and I want there to be an avenue for people to express and share that."

 

 

 

Farkash said he also wanted to shine a light on the fact that not every disability is visible.

Often times, many may be suffering internally; Their pain may be unnoticed by the world if they've adapted to dealing with the internal pain.

"What was cool was that it also raised the issue of ‘invisible' or better, unapparent disabilities. On the surface, unless you see my curved back without my shirt on, I look like a young, healthy person. Many people assume that. But really I'm going through hell underneath it all," Farkash told INSIDER.

He added, "We still have a lot of struggles and hurdles to overcome as a society when it comes to Disabled people. Ableism — [which is] discrimination against Disabled people — is rampant and systemic in our society. And it literally kills. I wanted to show people that even so, we exist, we are surviving and fighting, and in some cases — despite our disabilities — thriving."

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NOW WATCH: The surprising reason why NASA hasn't sent humans to Mars yet

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