Bitcoin Virus ‘Has Infected 30% Of Russian Devices’: Putin Advisor

Bitcoin Virus ‘Has Infected 30% Of Russian Devices’: Putin Advisor

 

Russia’s chief presidential advisor on the Internet

has stated a Bitcoin mining virus has infected up to 30 percent of Russian computers. Speaking in interviews with RNS and RBC, Herman Klimenko said that although infection rates varied by region and device, it involved at least 20 percent of machines. “In regions with lower bandwidth instances are reduced, but we’re looking at 20 to 30 percent of devices being infected – iPhones and Macs are less prone,” he commented.

The figures, if true, are alarming, yet Klimenko’s assessment has already come under public criticism. Speaking to RBC in light of the findings, Internet Ombudsman Dmitry Marinichev called them “rubbish.” “These viruses appear for example on devices of users who have given permission for them to start running,” he said, adding the issue was not about Bitcoin mining but stolen credit card details and similar characteristics. Klimenko, meanwhile, also chimed in on the motives of the hackers behind the recent international WannaCry cyberattack. “In the case of WannaCry, the perpetrators managed to accrue around $50-100,000,”

he told RNS.

“I’m therefore convinced the perpetrators of WannaCry were children because they do not understand where they can earn money in the Internet sector.”

Earlier this month, Russian research lab Group-IB warned of a domestic Android virus circulating consumer devices which would gain access to and empty any associated bank accounts.

Bitcoin, Altcoins Meet London Art As ‘Gray’ Artsy Nets $50 Million
 

 

London’s “tradition-bound” Cork Street art empire is getting an innovation injection

as customers meet Bitcoin and even Monero as payment options. As the BBC reports Tuesday, one gallery, Dadiani Fine Arts, has begun accepting cryptocurrency in what its owner describes as an “intuitive” move. "This is not a demand-driven decision at all, it's intuitive based on the way things are going," Elena Dadiani told the publication. With the global art market worth around $60 bln and average purchase amounts high, the benefits of additional payment channels are obvious. The gallery is not stopping at Bitcoin; Ethereum, Ethereum Classic, Dash, Litecoin, and soon Monero will also be featured. "For me, the Blockchain is going to be the biggest thing since the Internet,” nonetheless hinting she intends to convert at least part of the payments to fiat currency as a matter of course.

Like Blockchain, meanwhile, the art industry itself is undergoing rapid change. Artsy, the online art marketplace seeing huge expansion, this week announced the closure of a $50 mln funding round, something already causing suspicion in a manner strikingly similar to some recent Ethereum-based ICOs. “The news has left many in the industry with two questions,” industry news resource Artnet reports describing the platform as a “gray market.” “First, since Artsy has chosen to keep its actual valuation pitch-black to the public, how much is the company really worth? Second, and just as important, how is that valuation justifiable?”

Chuck Reynolds


Marketing Dept
Contributor

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Alan Zibluk – Markethive Founding Member

Now You Can Pay For Your University Degree With Cryptocurrency

Now You Can Pay For Your University Degree With Cryptocurrency

Now You Can Pay For Your University Degree With Cryptocurrency

Cryptocurrency has taken the online e-currency market by storm in recent years. The likes of Bitcoin have gone all out and it’s currently the fastest growing e-currency in the world by a considerable margin. As of July 2017, Bitcoin has made investors billions and it’s currently worth more than $2,200 apiece. It’s uncertain how much further the value of Bitcoin is expected to grow, but as its market cap alone was valued at more than $40 billion in May 2017, it’s certainly a cryptocurrency worth implementing online.

That’s why many merchants and businesses and e-commerce stores have sided with cryptocurrencies such as Bitcoin. It seems they are the go-to e-currencies right now, along with the standard PayPal and Skrill payments.
 

THE E-COMMERCE INDUSTRY HAS SEEN A RISE IN MERCHANTS IMPLEMENTING BITCOIN

Popular domain registrar, Name Cheap, has been accepting Bitcoin for a while now and it’s businesses like that that have seen a rise in consumers because of the popularity of cryptocurrencies like Bitcoin.

Many web developers now use Bitcoin as a standard payment method for their web development resources such as domain registration, web hosting, and even as their primary method for their own web development businesses.

 

ONLINE BOOKMAKERS HAVE BEEN USING BITCOIN FOR YEARS

While many official bookmakers haven’t quite got to grips with cryptocurrency yet, there are still several online bookmakers that have implemented it as a deposit and withdrawal payment method. It looks set to grow in popularity with bookmakers in 2017 because it offers a fast and easy deposit method, much like the process PayPal and Neteller offers.

UNIVERSITY OUTLETS HAVE SEEN A RISE IN CRYPTOCURRENCY IMPLEMENTATION

Those studying for an online healthcare MBA using a healthcare MBA online program now have it easy when it comes to paying for their online courses. With cryptocurrency now available as a payment method, many more students have opted to obtain their degree using online courses provided by multiple universities around the United States.
 

POPULAR ONLINE MARKETPLACES NOW USE BITCOIN

While the likes of Amazon have still yet to implement Bitcoin as a payment method, there are still other stores that use it. For those with Shopify stores, for example, Bitcoin is a payment available to both you and your customers.
 

Shopify is one of the few stores and e-commerce set ups that have provided Bitcoin as a payment option for more than three years. Shopify announced in November 2013 that the cryptocurrency was available for all merchants to implement into their own set ups. It’s unclear whether any of the other big marketplaces will implement it anytime soon, but it’s not a matter of if they are going to implement it, it’s a matter of when.

Although Bitcoin holds the number one spot as the most popular cryptocurrency available, there are still other fast-growing currencies that are providing much bigger competition. It is clear Bitcoin is loved by many and it’s almost certain to be a popular payment method with bigger e-commerce stores in the future.
 

David Ogden
Entrepreneur.

David ogden Cryptocurrency entrepreneur

 

Author: Oliver Wood

 

Alan Zibluk – Markethive Founding Member