Daily Archives: April 23, 2017

Insider leaks are biggest challenge to US security former CIA & NSA director – RT

Posted: April 23, 2017 at 12:33 am

Published time: 21 Apr, 2017 14:16Edited time: 22 Apr, 2017 18:06

The biggest worry for US intelligence agencies isn't foreign spies it's insider leaks, according to retired Air Force General Michael Hayden, a former director of both the CIA and NSA.

In the past, weve lost secrets to foreign adversaries, Hayden told news outlet McClatchy in an interview. Now weve got the self-motivated insider that is our most important counterintelligence challenge.

Hayden mentioned the WikiLeaks Vault 7 release, which contains thousands of top-secret CIA documents that reveal the agency's hacking tools and represents one of the biggest security breaches in CIA history.

Read more

The FBI and CIA reportedly believe the information was leaked by an inside contractor or agent, rather than an outside hacker. That suspicion seems to align with what WikiLeaks said in the press release announcing Vault 7.

Hayden also cited the case of Edward Snowden, a former NSA contractor who leaked the agency's surveillance practices in 2013. The whistleblower currently resides in Moscow, after being granted asylum by Russia.

The former Air Force general also brought up the case of Army soldier Chelsea Manning, who was convicted in 2013 of releasing three-quarters of a million classified or sensitive military and diplomatic documents to WikiLeaks.

There is also the case of Harold T. Martin, the lesser-known NSA contractor who was accused by the Justice Department in February of hoarding 50 terabytes of highly-sensitive data from the agency at his home, in a shed, and in his car. His motives are not publicly known.

Hayden pointed out that the typical motives for spying money, ideology, compromise, and ego (MICE) were not in play during any of those cases, and thus questioned how such practices could be stopped.

No foreign service used any of those characteristics against any of the people we mentioned. Its kind of sui generis. How do you stop that? Hayden said.

Hayden's statements come at a time when Russia has been repeatedly blamed for hacking the Democratic Party's computer networks during the 2016 presidential election, with Washington claiming that Moscow was trying to "interfere" with the results.

However, there is no evidence to show that the Kremlin was behind the attack, with many in the intelligence community stating that all signs point to an insider leak, rather than a hack.

Russia has denied Washington's claims as untrue and baseless.

See the article here:
Insider leaks are biggest challenge to US security former CIA & NSA director - RT

Posted in NSA | Comments Off on Insider leaks are biggest challenge to US security former CIA & NSA director – RT

You Have the Right to Remain Silent, But Can the Police Retaliate Against You For It? – The Root

Posted: at 12:33 am

If the police pull you over, it is your constitutional right to refuse to answer questions from the police, but does it violate the Constitution if they retaliate against you to punish you for refusing to answer their questions? That is the question at the center of case that went before the U.S. Court of Appeals for the 5th Circuit, Alexander v. City of Round Rock.

Orin Kerr, the Fred C. Stevenson Research Professor at The George Washington University Law School, took a look at the 5th Circuits decision for the Washington Post, and he writes that the court ruled while retaliation against a person for refusing to answer police questions may violate the Fourth Amendment, it does not clearly violate the First Amendment, and it does not violate the Fifth Amendment.

Kerr believes the courts ruling on the Fifth Amendment is missing some key complications, and he wrote about why its a tricky issue.

According to the facts presented in the case, Lionel Alexander was pulled over by police and declined to answer their questions. In response to that, police retaliated by ordering him out of his car and then pinning him face down onto the ground. Other officers joined in, and one officer pressed a a boot or knee on the back of Alexanders neck as his face was pressed into the concrete.

Alexander was then handcuffed, and an officer asked, Are you ready to talk to me now? to which Alexander responded with an expletive. Police then shackled his legs, and at that point he was arrested. According to the police report, Alexander was arrested for obstructing a police officer.

From the Post:

Alexander filed a civil suit against the officers and the municipality (collectively, the officers). The district court rejected the civil suit, and the 5th Circuit reversed in part and affirmed in part, in an opinion by Judge Edith Brown Clement joined by Judge Jerry Smith and Judge Leslie Southwick.

The 5th Circuits new decision makes several rulings against the officers in the case. It rules that Alexander has stated a Fourth Amendment claim for unlawful detention and arrest; that qualified immunity should not apply to those claims; and that Alexander has stated a claim for excessive force.

Alexanders suit claimed that the officers retaliated against him for refusing to speak to them, and said retaliation violated his Fifth Amendment right against self-incrimination and his First Amendment rights. The 5th Circuit disagreed and ruled that any retaliation could not violate his Fifth Amendment right and any First Amendment claim was barred by qualified immunity.

Kerr says that the U.S. Supreme Court has interpreted the Fifth Amendment right against self-incrimination in three different ways to do three different things that are all justified by the same constitutional text that no person shall be compelled in any criminal case to be a witness against himself.

More:

The first is a right a person can assert not to be compelled by threat of legal punishment to say something that would expose them to criminal liability. The second is a right not to have forced confessions admitted in a criminal proceeding. The third is a right to get warnings in custody and to be able to call off interrogations. Theyre all in the same ballpark in a broad sense. They all deal with government questioning under pressure. But theyre three distinct rights with three distinct histories.

Kerr disagrees with the 5th Circuits ruling on the Fifth Amendment in Alexanders case because it says the Fifth Amendment applies only in custodial interrogation which applies to the third definition of the amendment, or the Miranda right. Because Alexanders case doesnt include a Miranda claim, Kerr says that cant be a strong basis for the courts ruling.

Kerr comes to the conclusion that perhaps the idea that you have a right to remain silent is inaccurate, and that there are difficult issues lurking in the courts Fifth Amendment ruling that didnt come out in the short passage in the opinion.

This is an interesting case to look at, and Kerrs analysis goes into greater detail than I can put into this post, so its worth giving a read.

This ruling is especially timely at a time when our countrys attorney general is looking to police more power while simultaneously stripping protections from everyday citizens.

Understand what you can and cannot do during a police stop is likely to become much more important as this administration rolls on.

Read more at the Washington Post.

View post:
You Have the Right to Remain Silent, But Can the Police Retaliate Against You For It? - The Root

Posted in Fifth Amendment | Comments Off on You Have the Right to Remain Silent, But Can the Police Retaliate Against You For It? – The Root

Special Underwear Reciting the 4th Amendment Developed to Block … – The Libertarian Republic

Posted: at 12:32 am

LISTEN TO TLRS LATEST PODCAST:

by Micah J. Fleck

Yes, you read that right. A new type of undergarment that still shows up under TSA body scanning technology has been developed and it dons the text of that precious thing called the 4th Amendment to the U.S. Constitution.

According to Red Alert Politics:

Are you tired of TSA agents conducting invasive screenings and X-ray scans on you before traveling on a United Airlines flight thats run out of Pepsi?

Well, 4th Amendment Wear may not be able to help with the last two, but they can certainly aid you in telling off the TSA with a new garment you can wear when youfly.

Using metallic ink, 4th Amendment Wear literally prints the FourthAmendment of the United States Constitution onto t-shirts, underwear for men and women, and perverts kids underclothes for when the TSA agent goes too far with your children.

For those who are unaware, the Fourth Amendment ensures ones right to privacy and protects them from illegal searches and seizures from government entities.

The free market is grand, indeed.

gropingNaked Body ScannersSee-thruThe 4th AmendmentTSAunderwearX-Ray

View original post here:
Special Underwear Reciting the 4th Amendment Developed to Block ... - The Libertarian Republic

Posted in Fourth Amendment | Comments Off on Special Underwear Reciting the 4th Amendment Developed to Block … – The Libertarian Republic

Zaun: Session saw strides for Second Amendment, schools, economy – DesMoinesRegister.com

Posted: at 12:32 am

State Sen. Brad Zaun Published 11:34 a.m. CT April 21, 2017 | Updated 11:49 a.m. CT April 21, 2017

Brad Zaun(Photo: Special To The Register)

This session was a big one not just for me, but for our constituents and all Iowans who wanted to see results. We were not elected for more of the same. We were elected to make big changes and bold decisions.

We were able to bring a number of bills to the floor for debate that had never been previously discussed. These include our overhaul of laws regarding the Second Amendment in Iowa, voter ID and life.

Our focus this session has continually been economic growth and development. We worked to pass several of the priorities we set out the first week of session, including requiring jobs impact statements for administrative rule changes and legislation to help our small businesses and job creators. We passed Senate Joint Resolution 9, allowing the people of Iowa to vote on putting a 99 percent expenditure limit amendment to the Iowa Constitution. This would provide confidence to Iowa families and job creators that the state will live within its means in the same way they must live within their means.

We made a series of changes to regulations in this state with the goal of allowing our job creators to spend less time fending off frivolous lawsuits and focus on expanding their businesses in our communities.

This year we were able to pass supplemental state aid for our schools on time, setting budgets early and allowing school districts more time and predictability to plan their school year budgets. We passed collective bargaining reform, allowing school boards and administrators to reward good teachers and get rid of bad teachers.

We also passed a bill that had been pushed for years transportation equity for our rural school districts. This bill is important to many rural districts across the state as they seek to provide the best education to their students regardless of where they live in Iowa.

Bills were passed to give more local control to school boards and how they spend their money.

We passed common-sense laws supported by a majority of Iowans, such as one of the largest gun bills in recent history, expanding the rights of every gun owner across the state. We were also able to require a government-issued identification in order to participate in one of the most important things you can do as a citizen casting your vote.

This session was a productive one for the people of Iowa. I appreciate all the emails, phone calls and messages this session. In the coming months, please continue to contact me with your questions, concerns and any problems you are having. It is an honor to serve as your state senator.

STATE SEN. BRAD ZAUN, R-Urbandale, represents District 20 in the Iowa Senate, which includes Johnston, parts of Urbandale and Grimes and areas of northern Polk County to Saylorville Lake. He can be reached at brad.zaun@legis.iowa.gov or at the Statehouse at 281-3371.

Read or Share this story: http://dmreg.co/2pLOeLP

Originally posted here:
Zaun: Session saw strides for Second Amendment, schools, economy - DesMoinesRegister.com

Posted in Second Amendment | Comments Off on Zaun: Session saw strides for Second Amendment, schools, economy – DesMoinesRegister.com

Howard Dean Doesn’t Get That First Amendment Protects Ann Coulter’s ‘Hate Speech’ – LawNewz

Posted: at 12:31 am

Even after almost two days of experts attempting to explain it, Howard Deanapparently stilldoesnt understand how the First Amendmentworks.In fact, the former Vermont governorcited anirrelevant Supreme Court decision when doubling-downed on his argument thathate speech isnt protected by the Constitution. First, though, lets review the timeline of Deans mistake. Then lets see where he went wrong.

This whole thing started Thursday night, when he made this claim.

This references something awful Ann Coulterreportedly said in 2002: My only regret with Timothy McVeigh is he did not go to the New York Times Building.

Does it meet colloquial definitions of hate speech? No. Is it terrible? Yes. Is it Constitutionally protected? Yuuuuuuuuuup. So is hate speech, sadly. Thats what commentators tried to drill into Deans head. Politifact got in on it. So did Vices Sarah Jeong,and others.

One counterargument caught Deans attention, however. AFriday op-ed from UCLA law Professor Eugene Volokh. This constitutional scholar and First Amendment expert took pains to explain how Free Speech works. Whats moreimportant, and possibly useful to non-lawyers, is his explanation of fighting words. [Emphasis mine]

To be sure, there are some kinds of speech that are unprotected by the First Amendment. But those narrow exceptions have nothing to do with hate speech in any conventionally used sense of the term. For instance, there is an exception for fighting words face-to-face personal insults addressed to a specific person, of the sort that are likely to start an immediate fight. But this exception isnt limited to racial or religious insults, nor does it cover all racially or religiously offensive statements. Indeed, when the City of St. Paul tried to specifically punish bigoted fighting words, the Supreme Court held that this selective prohibition was unconstitutional (R.A.V. v. City of St. Paul (1992)), even though a broad ban on all fighting words would indeed be permissible.

He also pointed out other exceptions, like true threats of illegal conduct or incitement intended to and likely to produce imminent illegal conduct i.e., illegal conduct in the next few hours or maybe days, as opposed to some illegal conduct some time in the future. But the fighting words exception is key here because of how Dean later responded.

Howard Deana former presidential candidate, and long-time power player in Vermont politicstried to prove that hate speech isnt protected, but instead cited a Supreme Court case that absolutely has nothing to do with hate speech.

1942s Chaplinsky v. New Hampshire turned on fighting words. In a unanimousruling, justices upheld the conviction, under state law, of a man who used abusive language to provoke the listener to an act of violence.

From the holding:

2. The Court notices judicially that the appellations damned racketeer and damned Fascist are epithets likely to provoke the average person to retaliation, and thereby cause a breach of the peace.

Now this is where I may lose some of you. What about racial slurs? Yes, if someone hurls a bunch of insults in such a way as to provoke a fistfight, then its outside of the First Amendments protection.But it wouldnt be unprotectedbecause its a slur. Its unprotectedbecause it, specifically, would cause violence soon, if not here and now. Volokhs explanation must be repeated here: Fighting words are face-to-face personal insults addressed to a specific person, of the sort that are likely to start an immediate fight. It has nothing to do with the speech being bigoted. Its all to do with the immediate incitement to violence.

Volokh wrote a rebuttal essayto Deans second tweet on Saturday morning. One line sums it up.

So Chaplinsky doesnt hold that Hate speech is not protected by the first amendment.

And even after all that, heres the governors most recent tweet on the matter.

Its unclear if Deanhas read Volokhs rebuttal.

[Screengrab via MSNBC]

This is an opinion piece. The views expressed in this article are those of just the author.

Read this article:
Howard Dean Doesn't Get That First Amendment Protects Ann Coulter's 'Hate Speech' - LawNewz

Posted in First Amendment | Comments Off on Howard Dean Doesn’t Get That First Amendment Protects Ann Coulter’s ‘Hate Speech’ – LawNewz

Understanding the First Amendment and its role on campus | Politics … – Iowa State Daily

Posted: at 12:31 am

First Amendment Day, which will be celebrated at Iowa State on Thursday, is a time to appreciate some of the freedoms that Americans possess every day.

The First Amendment is one of the founding principles of the United States. It provides five essential freedoms: religion, speech, press, assembly and petition. College campuses provide settings where these freedoms, especially freedom of speech, can be exercised.

[Iowa State University] is a governmental agency, so we have to act within the bounds of both the federal and Iowa Constitution, meaning we arent allowed to put in place restrictions that would violate the First Amendment, said Michael Norton, Iowa States legal adviser who oversees the universitys counsel office.

Iowa States Facilities and Grounds Use policy states that ISU embraces the sharing of knowledge and ideas through public discourse and free speech.

And even though what someone says might be rude, disgusting or upsetting, it can still be said legally, according to the Constitution.

Hate speech is absolutely protected by the First Amendment, said Ken Paulson, dean of the College of Media and Entertainment at Middle Tennessee State University and president of the First Amendment Center.

Free speech is not entirely inclusive, however.

Over the years, the U.S. courts have found that obscene speech, speech that incites action to harm others, speech that promotes illegal drug use at school events and articles in student newspapers objecting the school administration are not allowed.

Iowa State has run into its own issues regarding free speech.

There have been two separate incidents at the university where posters were found on campus, each featuring messages that could be interpreted as hateful, yet that alone did not cause them to violate free-speech rules.

The content of the posters, while repugnant and personally reprehensible, are clearly protected speech, so if [the university] were to act on that speech based on content, that would violate First Amendment rights, Norton said.

The university does, however, have some right to place policies restricting the time, place and manner of any speech that happens on campus, Norton said.

[Iowa State] is allowed to restrict speech that interferes with the regular responsibilities of the university, not based on the content alone, such as speaking with a bullhorn outside of a classroom, Norton said. There are no restrictions on what you can say. It's only where, when and how you say it."

Natasha Oren, multicultural liaison officer for the Iowa State Police Department, said hate speech can still have real consequences.

In Iowa, you cannot threaten violence toward another legally, or you could be charged criminally, Orensaid.

Orenadded that harassment is illegal as well.

If what youre saying causes fear for someone else, and they believe you can carry out what youre saying, that isnt allowed, Oren said.

While what one says may be free speech, if what they're saying is considered assault, harassment or a discriminatory threat toward someone else, they could face criminal charges.

The Iowa State Police Department strives to help and protect people, Oren said, and even if something is said that is legally free speech, the department will try to make any party feel safe if need be.

Freedom of speech continues to play an integral role on campuses, and during the 2016 presidential election cycle, posters and messages could be spotted all across Iowa State.

Free speech needs to be protected above all else, Paulson said. Schools often need to act as an epicenter of free thought and expression. With the polarization of the country right now, it takes more and more effort to find the truth, because anyone can say what they believe."

One problem that surfaced during the last election cycle was fake news, which is an issue students must sift through to determine what is correct in the media.

Fake news is completely protected by free speech, but consumers of news have to think for themselves, Paulson said. I believe fake news is a product of intellectual laziness.

At Iowa State and other colleges, Paulson urges students to read the news and understand for themselves what is going on.

We cant have news portrayed through memes," Paulson said. "You have to put in effort and consume real news sources. It worries me when people say their main news source is social media."

Free speech extends to social media and internet platforms the same way it does anywhere else.

Iowa State doesnt constantly monitor social media use by students and staff, but it is still responsible for keeping an eye on any harm that may arise from what someone says online.

If free speech crosses lines that make it harassment or discrimination and social media is used as the tool for that harmful speech, [Iowa State] would investigate and respond if appropriate, Norton said.

Norton said police have a bigger role in monitoring any harmful speech that may happen online, and they report it to the proper offices for handling of the situation.

Oren said the main goal of the police, and certain policy restrictions by the university such as the time, place and manner rules, are ultimately in place to protect students.

There is a reason free speech is protected, and speaking out against anothers speech is the best way to disagree with it, but speech, both with criminal and civil repercussions, can affect the campus climate negatively, which isnt good for the community, Oren said.

The goal of the university, Norton said, is never to restrict speech, especially not to restrict speech based on the content of what is said.

We have to be able to run the school in a way that allows people to achieve their educational goals as well, Norton said.

Read the rest here:
Understanding the First Amendment and its role on campus | Politics ... - Iowa State Daily

Posted in First Amendment | Comments Off on Understanding the First Amendment and its role on campus | Politics … – Iowa State Daily

Cryptocurrency Mining Hardware Scam Education Foxminers – The Merkle

Posted: at 12:29 am

The cryptocurrency world has seen its fair share of nefarious mining hardware manufacturers. A lot of companies claim they are building new hardware and accept pre-orders. However, very few of these products ever come to the market. Foxminers, a new company claiming to offer dual-mining hardware for bitcoin and litecoin, seem to fall into the potential scam category as well.

Everyone who has kept tabs on bitcoin and altcoin mining is well aware of the dangers associated with pre-ordering mining equipment from unknown companies. So far, no one has even heard of the Foxminers company, as their website doesnt even show up in the first 10 Google results. However, that is not preventing them from announcing their new spectacular mining hardware, known as the F24 and F48 models.

According to the press releases sent out by the company, their miners are building on a proprietary mining chip called the FM9800-XD1112. Once again, no one we hear about this chip so far, and it seems highly unlikely such an unknown company has the money and resources to develop a cryptocurrency mining chip. To be more specific, Foxminers claims their chip can mine both bitcoin and litecoin at the same time, which is very dubious at best.

Foxminers claims their unknown and untested chips can mine both SHA-256 and Scrypt, making it the worlds first dual mining hardware. Quite a bold statement, although the company fails to provide any evidence to back up these claims whatsoever. Not entirely surprising, of course, as they hope to steal money from unsuspecting cryptocurrency enthusiasts.Then again, no one with more than two peas for a brain will fall for these cheap scamming tactics by any means.

As one would expect, Foxminers is hoping to steal money from users by offering attractive pre-order discounts. In fact, customers can save $500 on the $2,500 device if they pre-order before May 14th. Rest assured no one who preorders will ever see this mining hardware we make it to their home, though. Foxminers has no mining hardware to speak of, and they will not be shipping units to customers anytime soon.

To make this offer even more ludicrous, Foxminers claims to pay for all shipping and customs fees. That is quite spectacular, as shipping a dual-mining unit is quite expensive. Moreover, a lot of countries charge high customs fees for these types of items, either based on their normal value or depending on the weight of the package. No mining hardware manufacturer can afford to pay such vast amounts of money out of their own pocket unless they are selling nothing more than vaporware.

Foxminers also claims the company was founded in 2016, yet the website was not registered until a few months ago. That seems rather strange, to say the least. Additionally, the company claims to have headquarters in California, yet the domain registrant information is hidden from the public. Nothing about Foxminers is adding up, other than the fact they wills teal your money and never produce a working cryptocurrency dual-mining unit.

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

Continued here:
Cryptocurrency Mining Hardware Scam Education Foxminers - The Merkle

Posted in Cryptocurrency | Comments Off on Cryptocurrency Mining Hardware Scam Education Foxminers – The Merkle

Decred Releases v1.0: The World’s First Cryptocurrency of the … – Yahoo Finance

Posted: at 12:29 am

CHICAGO, April 21, 2017 /PRNewswire/ --Decred is a cryptocurrency project and platform built from the ground up to leverage the will of its constituents to drive change. This approach eliminates the conflicts that arise when powerful entities attempt to assert control over a cryptocurrency. Decred adapts to continually meet the needs of the people it serves.

April 25, 2017, marks the highly anticipated release of Decred v1.0. This historic release puts Decred stakeholders in charge of shaping the future of Decred through direct community consensus voting. For the first time in the history of cryptocurrencies, governing control moves away from centralized authorities, such as developers and miners, and is given to the community of stakeholders. Decentralization struggles without decentralized governance; this is especially true when it comes to a rapidly growing global currency.

Most cryptocurrencies distinguish themselves by how they secure the transactions on their network. For example, Bitcoin is famous for using a proof-of-work algorithm that rewards miners for finding solutions to a cryptographic hash puzzle. Other cryptocurrency projects rely on proof-of-stake algorithms that reward users who hold the currency in a "staking" wallet with interest on the balances they carry. Both approaches have strengths and limitations; Decred takes advantage of the best of both worlds with a hybrid proof-of-work and proof-of-stake consensus system. This allows the platform to strike a balance between benefits to both miners and stakeholders, giving rise to a more robust notion of consensus.

The 1.0 release of Decred will include the first community vote on two important issues. After 75% or more of miners and stakeholders have updated to 1.0, Decred stakeholders will be able to vote on one consensus change and one signaling vote. Due to the rapidly growing popularity of Decred, the number of stakeholders buying vote tickets has increased dramatically, leading to large oscillations in the ticket price. This is a good example of an unanticipated condition which needs to be resolved through community consensus. A new ticket price algorithm will aim to ease the large oscillations in ticket price and lead to better ticket price discovery while still maintaining the target ticket pool size. A consensus change of this magnitude is very difficult to achieve in more traditional cryptocurrencies and requires the voluntary acceptance of the code by miners that may or may not have their own agendas. If it passes, the new ticket price algorithm will activate seamlessly for everyone with no further intervention.

The second vote will allow stakeholders to signal support for Lightning Network development. The Lightning Network is a payment layer that makes it economical and fast to process payments, especially small payments, like buying a cup of coffee without having to pay a large transaction fee to process the transaction. If this signaling vote passes, the developers will begin work on integrating Lightning Network on the Decred blockchain. Once development is complete and tested, a future consensus vote can be taken to automatically activate the Lightning Network code.

The recent Decred 2017 roadmap [1] highlights some of the other massive innovations that the team hopes to put up for a vote throughout the year. In addition, a new improvement proposal system will be put in place soon to allow for the community to contribute directly to the agenda for Decred.

The release of Decred 1.0 is a watershed moment in the cryptocurrency movement. Decred finally does what has never been done before, putting the power of change in the hands of the very people that care about it most.

Decred is celebrating version 1.0.0 release with a puzzle challenge. The 'Autonomy Puzzle' challenge [2] features an initial prize of 500 decred (DCR) to the first solver, equivalent to approximately USD 7,500 at the time of this release. However, players will be working against the clock, as the prize will be reduced every 24 hours. The puzzle difficulty level has been rated 'easy to medium,'as Decred is aiming to include participants of all skill levels. For more specific details or to join the puzzle-solving conversation, visit the Decred Slack channel #puzzles.

Read More

See the rest here:
Decred Releases v1.0: The World's First Cryptocurrency of the ... - Yahoo Finance

Posted in Cryptocurrency | Comments Off on Decred Releases v1.0: The World’s First Cryptocurrency of the … – Yahoo Finance

ETHBITS Gets Green Light for New Copy Trading Cryptocurrency Exchange – CryptoCoinsNews

Posted: at 12:29 am

This is a sponsored story.

Cryptocurrency exchange provider Ethbits has reached its minimum funding goal signalling that development on a new iTrade platform will now begin.

The UK-based company has already built a peer to peer cryptocurrency exchange, called Ethbits Local, to facilitate secure trades between people from bank accounts to cryptocurrency. Ethbits Local will offer the ability to trade face-to-face across a range of cryptocurrencies, a unique feature that is in high demand.

Given the current success of the crowdsale, Ethbits Local will now start development of Ethbits iTrade, an exciting new cryptocurrency exchange which will not only act as a standard exchange but also has a copy trade feature, where new traders can copy professionals and experienced traders can gain followers to maximise their profits. Ethbits Local will launch in May, immediately after the crowdsale ends followed closely by iTrade.

Reaching our Minimum goal within the 1st week is super exciting, as a result the copy trading exchange is now in development. We are at the start of something ground breaking in the crypto world and the more support we can get, the faster we can grow and the more rewards we can generate for the token holders. We will now implement provably fair profit sharing to ensure the continued confidence in our company. Monty Singh, CEO, Ethbits LIMITED

Support for the platform has been strong with 300 contributors acquiring Ethbits (ETB) tokens. ETB gives the holder access to up to 40% of gross profit from trading fees, depending on how much is raised by the end of the crowdsale. ETB tokens can also be used to pay for transaction fees on the exchange ensuring the volume of the token remains a high as possible, driving both of the platforms. iTrade will launch with the top 15 cryptocurrencies on offer with plans to diversify further as the exchange grows.

Ethbits has just announced that it will partner with BCB ATM [https://bcb-atm.com/ ] an expanding Bitcoin ATM service based in the UK. Ethbits iTrade platform will be linked to BCB ATMs to help people find crypto traders in their local area.

The crowdfund will run until 13th May at 5pm UTC. To get involved see https://ico.ethbits.com. Participants will receive 100 ETB for 1 ETH until Saturday 22nd April when the price will increase.

See original here:
ETHBITS Gets Green Light for New Copy Trading Cryptocurrency Exchange - CryptoCoinsNews

Posted in Cryptocurrency | Comments Off on ETHBITS Gets Green Light for New Copy Trading Cryptocurrency Exchange – CryptoCoinsNews

Criminals who use Bitcoin targeted under proposed Florida law – Miami Herald

Posted: at 12:29 am


Miami Herald
Criminals who use Bitcoin targeted under proposed Florida law
Miami Herald
Criminals who deal in bitcoins in Florida could soon be busted for money laundering. Florida lawmakers are poised to pass a bill that will add virtual currency to the state's money-laundering statute, a change hailed by law enforcement although ...
Florida Bill Would Add Digital Currency to State's AML LawDCEBrief (press release)

all 15 news articles »

Continued here:
Criminals who use Bitcoin targeted under proposed Florida law - Miami Herald

Posted in Bitcoin | Comments Off on Criminals who use Bitcoin targeted under proposed Florida law – Miami Herald