Crypto Mining Malware Attack Isn’t Due to App Flaw

Russian cybersecurity firm Kaspersky Lab reported today that a vulnerability in Telegram’s messaging app had been exploited to turn desktop computers into unwitting crypto-miners – a claim that the firm’s founder is pushing back against. The cyberattacks were uncovered by Kaspersky Lab, a global cybersecurity software provider, who reports that the covert mining operations have been underway since March of 2017. Kaspersky said that the attacks were possible because of a zero-day vulnerability. “We have found several scenarios of this zero-day exploitation that, besides general malware and spyware, was used to deliver mining software – such infections have become a global trend that we have seen throughout the last year,” Alexey Firsh, a Kaspersky Lab analyst said in a statement today.

Reference: https://www.coindesk.com/telegram-founder-crypto-mining-malware-attack-isnt-due-app-flaw/

Arizona Law Would Define When ICOs Are Securities

The number of blockchain bills before the Arizona state legislature is growing, public records show. Arizona state representative Jeff Weninger introduced two measures focused on the tech last week, including one that would begin laying down ar regulatory framework for initial coin offerings (ICOs) conducted in the state. Two new bills introduced by the representative include “virtual coin,” “blockchain” and “virtual coin offering” as new terms to be included in the Arizona government’s list of definitions, particularly as they relate to securities and crowdfunding. Notably, the first bill defines “virtual coin” as “a digital representation of value that can be digitally traded and that functions as a medium of exchange, unit of account and store of value.”

Reference: https://www.coindesk.com/arizona-law-define-icos-securities/

Canadian Securities Exchange Taps Blockchain for New Clearinghouse

The Canadian Securities Exchange (CSE) plans to launch a blockchain-based clearing and settlement platform for token sales, it announced today. The initiative will see the CSE move to list so-called “Security Token Offerings,” through which blockchain-based assets which are explicitly securities would be offered and sold. The blockchain-powered platform represents a new service area for the exchange, which has been operating since 2003. Companies will be able to use the platform to issue traditional equity and debt through tokenized securities, which would then be offered to investors through fully regulated offerings, which stand in contrast to initial coin offerings (ICOs) that more often than not operate in a regulatory gray area.

Reference: https://www.coindesk.com/canadian-securities-exchange-taps-blockchain-new-clearinghouse/

ICO Watch : EBCoin

ICO Alert does not endorse or recommend participating in any initial coin offerings.

What is EBCoin?
EBCoin will bring significant improvements to the global duty-free market. The first area we are focused on is the sales tax refund process. Many countries now offer tax-refunds to tourists for shopping in their country, but the process involved to get that refund is very inefficient. That is the first area where we see blockchain technology solving a lot of problems, by automating and digitizing most of the process.

01. International currency exchange and tax refund service for global tourism
02. 1 ETH = 20,000 EBC = 1 EBC token
03. January 16, 2018 — February 13, 2018
04. 750,000,000 EBC total available / 1,500,000,000 EBC total supply
05. Strategic partnerships with 99Pocket, mPOS in Vietnam, and MC Payments in Singapore

ICO Watch : NaviAddress

ccxnews.com does not endorse or recommend participating in any initial coin offerings.

What is NaviAddress?
NaviAddress, the first global addressing system which uses blockchain technology, thereby changing the traditional way in which we locate objects and people worldwide. It allows users to replace a physical address with a NaviAddress, a short sequence of digits. (I believe it is positioned to become the new global addressing standard; it’s already live and ready to implement globally).
A Naviaddress makes your life so much better: when traveling, finding a place to meet a friend, receiving a package — and on many other occasions too.
Rather than dictate a potentially complicated physical address over the telephone, a user will simply give a universally comprehended number (avoiding problems with different languages or alphabets) via a mobile or web application assigned to that physical address.
Naviaddress is the address for the digital era and globalized world — a world that is speeding towards the future with a legacy addressing system that presents a huge bottleneck.

01. A unified digital ID for places and objects in real and virtual world
02. $0.05 = 1 NVT token
03. Pre-ICO: January 29, 2018 — February 28, 2018; ICO: March 1, 2018 — March 31, 2018
04. 500,000,000 total available / 1,000,000,000 total supply
05. Working app with 60,000 users registered and 1.5 million NaviAddresses assigned

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