Thursday, 2 June 2022
Solana Experienced Its Seventh Shutdown This Year
Wednesday, 1 June 2022
Russia Has Taken a Huge Step Closer to Making Cryptocurrency a Legal Tender With Its Recent Crypto Activities
China's Scientists Finds Elon Musk's Starlink Satelite a Threat to China's Security
China already has multiple methods for disabling satellites. These include microwave jammers But the researchers say that these measures, which are effective against individual satellites, won't be enough to scuttle Starlink.
Monday, 30 May 2022
Nigeria's Presidential Candidate, Bukola Saraki, Pledges His Support to Digital Currency
The Unending Rise in Crypto Trading in Nigeria
According to reports, the Nigerian central bank has since February 5, 2021, place a ban on cryptocurrency transactions and restriction was given to financial institutions and financial private sectors from authorizing crypto transactions in the country. And to this effect a fee was passed into law against the act of crypto trading to any financial institute, hence, forcing all financial sectors in Nigeria to shut down all angles of crypto trading.
Nevertheless, this hasn't in any way reduced the trading activities of cryptocurrency to wanned off, but instead, a report has proven that the number of users participating in crypto trading has increased above 2,400% from January 2021 to January 2022 according to Punch Nigeria. While techpoint survey states that over 70 million Nigerians have traded cryptocurrency in the last six months while still ranked as the top crypto trading country in Africa.
Due to the ban, users have resulted in peer-to-peer transactions through trading platforms such as Paxful and Binance exchange, and roughly a trading volume of over $400 million
Meanwhile, in the interview, Saraki believes that regulating the space is what is needed to accommodate adoption in Nigeria rather than the ban placed by CBN.
Saturday, 28 May 2022
Thia's Big Bank, Siam Commercial Bank Announces It's Intension to Hugely Invest in DeFi
Despite growing crypto adoption, most major trading houses are still hesitant towards DeFi. A lack of regulation over the space, coupled with the need to directly hold crypto are likely the two major factors influencing this.
But with the advent of products such as Compound’s treasuries, this trend could change.
Monday, 28 February 2022
Technical Analysis VS Fundamental Analysis Episode 1
A lot of opinions have gone around on this subject and the contemplation on which is best for accurate and profitable analysis.
Before you can properly understand which is better, you need to first understand the concept of both analyses.
Let's dive into it 🤗
In the financial market, technical analysis is a strategic and analytical evaluation or prediction of the future price movement through the study of past market prices on the market chart.
The best way to define this is for you to know that in technical analysis, you discern the behavior of a market price through the data provided on a market chart when paired with appropriate investing or trading rules.
Facts About Technical Analysis
Technical analysis is In most cases used to generate short term signals.
Technical analysis is far more prevalent in commodities and forex markets.
Technical analysis can be used alone or it can be incorporated with other methods such as fundamental analysis or market timing methods.
Technical analysis helps you keep your emotions in check.
Friday, 25 February 2022
Russia Looking to Bypass US Strict Sanctions With Cryptocurrency.
The possibility of Russia bypassing the US and EU sanctions with cryptocurrency is imminent as the two largest banks of Russia have been restricted from the global economy and blocked from undertaking or performing transactions to aid the ongoing assault on Ukraine.
The President of the United States of America, Joe Biden, on Thursday, announced "strong sanctions" on Russia in response to the Russian invasion of Ukraine. The aim was to limit Russia's transactions with Dollars and other major currencies in the world.
The possibility of this is eminent as no restriction was placed on cryptocurrency transactions. Not to forget that this tactic was used by Ukraine as their financial accounts were restricted from receiving cross border donations.
A report revealed that Ukraine's NGOs and Volunteer groups received over $500,000 donations through cryptocurrency, bypassing the restrictions placed on the various accounts of supporting NGOs and Volunteer groups.
So, therefore, Russia could as well result into using crypto to bypass strict sanctions placed by US and EU governments.
Thursday, 24 February 2022
Ethereum Developer, Vitalik Buterin Reacts to Russia's Invasion in Ukraine
At around 4 am on Thursday, Russia born Ethereum developer, Vitalik Buterin posted on his Twitter his pain towards Vladimir Putin's decision to invade Ukraine.
According to one of his tweets, Vitalik Buterin clearly stated that "ethereum is neutral about this, but I am not", making it clear that he is not in support of his president's decision.
He further stated that
Vitalik Buterin is the first to speak up over this tension and chaos between Russia and Ukraine amongst all other cryptocurrency developers.
As the world seems to be in a dilemma over the situation and Vitalik Buterin wouldn't hold his grievance any longer.
Where Would This Declaration Lead Ethereum?
As much as Vitalik Buterin is trying to leave Ethereum out of this, it is as involved in this just as much as he is. Since he is the major influence on the currency.
What would be investors' response to this? Would this be a surge or a drop in value for the altcoin? All these are the questions in the mind of everyone as we patiently wait on the outcome of this tweet.
The war has already affected the cryptocurrency world drastically as it has dropped 11% after Russia initiated a war on Ukraine. Should we fear that this may cause the blow to hit more heavily on Ethereum (ETH)? Well, we can only wait to see.
The Geographical Surge in Tension Between Ukraine and Rusia Causing a Huge Tide in The Crypto World
Tuesday, 22 February 2022
A Whole New World in Metaverse
Support and Resistance Level
The concepts of trading support and resistance levels are undoubtedly two of the most highly discussed attributes of technical analysis. As part of analyzing chart patterns, these terms are used by traders to refer to price levels on charts that tend to act as barriers, preventing the price of an asset from getting pushed in a certain direction.
At first, the explanation and idea behind identifying these levels seem easy, but as you'll find out, support and resistance can come in various forms, and the concept is more difficult to master than it first appears.
Support occurs where a downtrend is expected to pause due to a concentration of demand.
Resistance occurs where an uptrend is expected to pause temporarily, due to a concentration of supply.
Thursday, 16 September 2021
Asian nation Laos to legalize Bitcoin mining and trading
Tuesday, 14 September 2021
Cryptocurrency still emerges upward even after the exposed truth acted by Litecoin official tweet
US consumer prices increase
UK labour market recovery continues
JD Sports: The demand for trainers and the trend for athleisure wear shows little sign of going out of fashion
MARKET WRAP. FTSE falls
Monday, 13 September 2021
A horrifying new AI app swaps women into porn videos with a click
Deepfake researchers have long feared the day this would arrive.
The website is eye-catching for its simplicity. Against a white backdrop, a giant blue button invites visitors to upload a picture of a face. Below the button, four AI-generated faces allow you to test the service. Above it, the tag line boldly proclaims the purpose: turn anyone into a porn star by using deepfake technology to swap the person’s face into an adult video. All it requires is the picture and the push of a button.
MIT Technology Review has chosen not to name the service, which we will call Y, or use any direct quotes and screenshots of its contents, to avoid driving traffic to the site. It was discovered and brought to our attention by deepfake researcher Henry Ajder, who has been tracking the evolution and rise of synthetic media online
For now, Y exists in relative obscurity, with a small user base actively giving the creator development feedback in online forums. But researchers have feared that an app like this would emerge, breaching an ethical line no other service has crossed before.
From the beginning, deepfakes, or AI-generated synthetic media, have primarily been used to create pornographic representations of women, who often find this psychologically devastating. The original Reddit creator who popularized the technology face-swapped female celebrities’ faces into porn videos. To this day, the research company Sensity AI estimates, between 90% and 95% of all online deepfake videos are nonconsensual porn, and around 90% of those feature women.
As the technology has advanced, numerous easy-to-use no-code tools have also emerged, allowing users to “strip” the clothes off female bodies in images. Many of these services have since been forced offline, but the code still exists in open-source repositories and has continued to resurface in new forms. The latest such site received over 6.7 million visits in August, according to the researcher Genevieve Oh, who discovered it. It has yet to be taken offline.
There have been other single-photo face-swapping apps, like ZAO or ReFace, that place users into selected scenes from mainstream movies or pop videos. But as the first dedicated pornographic face-swapping app, Y takes this to a new level. It’s “tailor-made” to create pornographic images of people without their consent, says Adam Dodge, the founder of EndTAB, a nonprofit that educates people about technology-enabled abuse. This makes it easier for the creators to improve the technology for this specific use case and entices people who otherwise wouldn’t have thought about creating deepfake porn. “Anytime you specialize like that, it creates a new corner of the internet that will draw in new users,” Dodge says.
Y is incredibly easy to use. Once a user uploads a photo of a face, the site opens up a library of porn videos. The vast majority feature women, though a small handful also feature men, mostly in gay porn. A user can then select any video to generate a preview of the face-swapped result within seconds—and pay to download the full version.
The results are far from perfect. Many of the face swaps are obviously fake, with the faces shimmering and distorting as they turn different angles. But to a casual observer, some are subtle enough to pass, and the trajectory of deepfakes has already shown how quickly they can become indistinguishable from reality. Some experts argue that the quality of the deepfake also doesn’t really matter because the psychological toll on victims can be the same either way. And many members of the public remain unaware that such technology exists, so even low-quality face swaps can be capable of fooling people.
To this day, I’ve never been successful fully in getting any of the images taken down. Forever, that will be out there. No matter what I do.Noelle Martin, an Australian activist
Y bills itself as a safe and responsible tool for exploring sexual fantasies. The language on the site encourages users to upload their own face. But nothing prevents them from uploading other people’s faces, and comments on online forums suggest that users have already been doing just that.
The consequences for women and girls targeted by such activity can be crushing. At a psychological level, these videos can feel as violating as revenge porn—real intimate videos filmed or released without consent. “This kind of abuse—where people misrepresent your identity, name, reputation, and alter it in such violating ways—shatters you to the core,” says Noelle Martin, an Australian activist who has been targeted by a deepfake porn campaign.
And the repercussions can stay with victims for life. The images and videos are difficult to remove from the internet, and new material can be created at any time. “It affects your interpersonal relations; it affects you with getting jobs. Every single job interview you ever go for, this might be brought up. Potential romantic relationships,” Martin says. “To this day, I’ve never been successful fully in getting any of the images taken down. Forever, that will be out there. No matter what I do.”
Sometimes it’s even more complicated than revenge porn. Because the content is not real, women can doubt whether they deserve to feel traumatized and whether they should report it, says Dodge. “If somebody is wrestling with whether they’re even really a victim, it impairs their ability to recover,” he says.
Nonconsensual deepfake porn can also have economic and career impacts. Rana Ayyub, an Indian journalist who became a victim of a deepfake porn campaign, received such intense online harassment in its aftermath that she had to minimize her online presence and thus the public profile required to do her work. Helen Mort, a UK-based poet and broadcaster who previously shared her story with MIT Technology Review, said she felt pressure to do the same after discovering that photos of her had been stolen from private social media accounts to create fake nudes.
The Revenge Porn Helpline funded by the UK government recently received a case from a teacher who lost her job after deepfake pornographic images of her were circulated on social media and brought to her school’s attention, says Sophie Mortimer, who manages the service. “It’s getting worse, not better,” Dodge says. “More women are being targeted this way.”
Y’s option to create deepfake gay porn, though limited, poses an additional threat to men in countries where homosexuality is criminalized, says Ajder. This is the case in 71 jurisdictions globally, 11 of which punish the offense by death.
Ajder, who has discovered numerous deepfake porn apps in the last few years, says he has attempted to contact Y’s hosting service and force it offline. But he’s pessimistic about preventing similar tools from being created. Already, another site has popped up that seems to be attempting the same thing. He thinks banning such content from social media platforms, and perhaps even making their creation or consumption illegal, would prove a more sustainable solution. “That means that these websites are treated in the same way as dark web material,” he says. “Even if it gets driven underground, at least it puts that out of the eyes of everyday people.”
Y did not respond to multiple requests for comment at the press email listed on its site. The registration information associated with the domain is also blocked by the privacy service Withheld for Privacy. On August 17, after MIT Technology Review made a third attempt to reach the creator, the site put up a notice on its homepage saying it’s no longer available to new users. As of September 12, the notice was still there.
Walmart confirms Litecoin story is fake, Litcoin pumps and dumps
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