Bubbletone Collects $8.6 Million via ICO and Successfully Tests Proprietary Roaming-Free SIM Card

Bubbletone Collects $8.6 Million via ICO and Successfully Tests Proprietary Roaming-Free SIM Card

The blockchain-based global telecom platform Bubbletone has successfully completed its ICO, collecting $8.6 million. All Universal Mobile Tokens (UMT) will be issued to crowdsale participants by 10 July.


Soon the company plans the market launch of an original roaming-free Bubbletone SIM card that developers are already actively testing in the US and Europe. In addition, a Bubbletone affiliate – Baltic Clementvale LTD – has applied for admission to the International Telecommunications Union (ITU) and received an MVNO license. As a result, Bubbletone will be able to create its own offers for clients in the European market of telecommunication services. UMT token holders will be able to enjoy these and many other innovative benefits.

Bubbletone is resolving the issue of high-cost roaming for travelers by eliminating the services of intermediaries and enabling them to connect to local networks without having to change their SIM cards. The project brings together mobile service providers, specialized service companies and users of mobile devices, who will be able to enjoy top-quality communications at a reasonable price, without having to waste time on a trip to a mobile operator’s office on arrival in another country: thanks to the blockchain, the client identification process will happen automatically.

Since late September 2017, the creators of the project have showcased it at over 30 of the largest industry events globally, such as: the Digital Transformation Forum in Nice, the Coindesk Consensus Conference in New York, the MVNO World Congress in Madrid, London Blockchain Week, 121 Tech Investment in Hong Kong and many others.

Joakim Holmer, Advisor to Bubbletone, allcoinWiki co-founder and former senior executive at Ericsson, noted:

As I advise many great ICOs, I have seen the market become more competitive month by month. Unlike at the beginning of the year, now only the truly great projects make it. I see something very positive for an industry moving to ICO Generation 2.0. I am also happy to see that crowdsale participants valued Bubbletone’s existing business performance and leadership by contributing $8.6 million to the project.

During the ICO, the company concluded a number of important partnership agreements. In particular, it signed a cooperation agreement with ShoCard – a startup that is establishing a digital identification system, encodes and integrates the personal data of the user in the blockchain, eliminating the risk of data loss by a third party. Another agreement was signed with the DeHedge project, a blockchain platform for hedging the risks of investments in decentralized technologies and ICO projects.

Bubbletone has successfully passed all the necessary compliance assessments, and now its clients have an opportunity to acquire an unlimited number of protected UMT tokens. The company also concluded a swap agreement with Kasko2Go – a blockchain-based car insurance ecosystem – which will offer careful drivers cheaper insurance, and insurance companies the ability to identify high-risk clients.

Under the terms and conditions of the agreement, Kasko2Go acquired UMT tokens worth $1 million, while Kasko2Go clients will be able to use the international mobile communication services provided by Bubbletone.

Anders Larsson, Advisor to Bubbletone, ex-Ericsson VP, and co-founder of allcoinWiki, observed:

In Q2 2018 we reached 7.9 billion mobile subscriptions vs. 7.6 billion people on the planet. 85% of all phones sold today in the world are smartphones. 4G is already bigger than fixed Internet. Even with 5G and IoT entering the scene, what I am most excited about right now is adding blockchain. Bubbletone is merging these technologies, and as a project advisor I was not surprised to see the token sale completed successfully despite the tough ICO market. I’m truly excited about the next steps!

The company is preparing to list its UMT tokens on several exchanges. It is anticipated that the tokens will be available on the HitBTC and Exrates exchanges in July. The token will also be available in the Bancor decentralized network, which guarantees continuous liquidity for tokens.

The blockchain component of the Bubbletone messenger is being developed. Its gradual rollout will start soon. Bubbletone also plans to sign agreements with mobile operators all over the world and to conclude a partnership with the NDA platform.

Bubbletone founder Yury Morozov commented:

Our blockchain technology is already fully operable and is currently undergoing load testing. We are seeing growing interest in our project from the biggest global players in telecommunications. […] The ICO was only the first step. We will continue actively developing our product, holding negotiations with possible partners and cooperating with mobile operators all over the world.

The platform creators continue participating in key blockchain and telecommunications events. On July 12 representatives of Bubbletone’s team will talk about the capability of blockchain technology and its proprietary Blockchain app to transform telecommunications at a meeting with the International Telecommunication Union (ITU) in Geneva, which will be attended by the heads of the biggest global mobile operators and state regulatory authorities.

You can find out more about the project at Bubbletone’s website – https://bubbletone.io/.

Did you participate in the Bubbletone ICO? What are your thoughts on the upcoming launch of their roaming-free SIM card? Let us know in the comments below.


Images courtesy of Bubbletone

The post Bubbletone Collects $8.6 Million via ICO and Successfully Tests Proprietary Roaming-Free SIM Card appeared first on Bitcoinist.com.

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Controversial Malware Targets MacOS Users Through Slack and Discord

Security researchers have revealed that a controversial malware is targeting MacOS users talking about cryptocurrencies on Slack and Discord.


“Dumb” MacOS Attack

The malware was first reported by Remco Verhoef of SANS. He explained that the attacks would impersonate “key people” in chats which are related to cryptocurrencies and then share malicious scripts.

The wrongdoers would try to encourage users to paste the script into the Terminal window of their Macs which would send a command to download 34MB file and execute it. In turn, this would establish a remote connection which would act as a backdoor for the hackers.

The obvious flaws in the plan of the attackers caught the attention of Patrick Wardle, a Mac malware expert. In a more detailed blog post, he noted that:

  • the infection method is dumb
  • the massive size of the binary is dumb
  • the persistence mechanism is lame (and thus also dumb)
  • the capabilities are rather limited (and thus rather dumb)
  • it’s trivial to detect at every step (that dumb)
  • … and finally, the malware saves the user’s password to dumpdummy

Common Sense is the Only Protection You Need

The binary executes a set of libraries, including those of Open SSL, which encrypt its communications back to the server. Remco Verhoef managed to establish that the bash script attempts to connect to a system which belongs to CrownCloud – a German hosting provider.

Once the binary is executed, it would provide the attacker with the ability to successfully execute command-line codes as if he is the root user of the MacOS which is infected.

In order for this to happen, however, the owner of the Mac needs to enter a password, allowing the script to go on. Ironically, the script would store said password in a temporary file which is named “dumpdummy,” as noted by Wardle.

In other words, all you have to do to prevent this malware from causing any damage is refrain from pasting a script provided to you by someone on Slack or Discord on your Terminal window.

What do you think of this malware targeting MacOS users? Don’t hesitate to let us know in the comments below.


Images courtesy of Shutterstock

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Just How ‘Cool’ is the CoolWallet S? (Review)

Just How 'Cool' is the CoolWallet S? (Review)

The CoolWallet S by CoolBitX is a credit-card-like hardware wallet for storing Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and select ERC20 tokens — but just how “cool” is it? Let’s find out! 


Design

First and foremost, let’s get one thing straight — you’re not going to find a ‘cooler’ looking hardware wallet anywhere on the market today.

Coming packaged in a black and gold box that looks fit to hold a luxury watch — with a personal message from CEO Michael Ou printed in gold lettering on the inside cover — the CoolWallet S offers a distinctively premium feel from the moment one unpacks it.

The package itself contains a charging dock and accompanying USB connector, a user manual, a nice-looking recovery card for handwriting your unique seed phrase, a black-on-transparent logo sticker, and — of course — the CoolWallet S, itself. And what a wallet it is!

The CoolWallet S resembles a credit card from the exterior and boasts a slick and classy-looking black and gold design which holds itself back from appearing flashy — opting instead for an understated, business-like vibe.

The back of the card has little more than a discrete serial number printed on the top, just above an appealing E-Paper display. Halfway down the right side of the card is a single button for powering on the device, changing the displayed cryptocurrency, and confirming commands. The bottom of the device features more discrete text beneath two charging pins. The button on the unit I reviewed had a response click requiring a concerted press.

The card itself is waterproof, tamper-proof, impact resistant, and heat/cold resistant — though, to be fair, I wouldn’t recommend testing these claims. The card features an acceptable amount of flex, though I would also caution against seeing how far it can fold. Still, it can easily slip into a normal pocket wallet with your IDs and credit cards, and I wouldn’t worry about it breaking any more than I’d worry about my American Express card snapping in my pocket.

All in all, the CoolWallet S’ professional appearance and durable feel are significantly cooler than any other hardware wallet on the market.

Security and Functionality

While the CoolWallet S certainly lives up to its name in terms of physical appearance, a hardware wallet is nothing without user-friendly functionality and security. Luckily, it also lives up to its name on both of those fronts.

Setting up the CoolWallet S for the first time is a simple process, but requires an iOS or Android app to function. Users simply need to download and install the application before pairing it to their device via Bluetooth with a one-time password — after which users are prompted to create a new wallet.

New wallets can be generated with 12, 18, or 24-number security seeds — meaning that amount of numeric phrases will be generated. I opted for a 24-number-phrase seed, which admittedly took a long time to write down.

After copying the numbers, users are then asked to add up the sum of all the phrases — a time-consuming task, even with a calculator. However, when it comes to security and ‘being your own bank,’ I wouldn’t dock any hardware wallet for forcing its users to take a careful and considered approach to secure their funds. If you’re not willing to dedicate time and effort to secure your wallet, you might want to question whether or not a hardware wallet is even for you.

Once your wallet is set up, funds can be easily deposited or withdrawn using the linked smartphone app — which is both intuitive and user-friendly. QR codes and wallet addresses can easily be shared across the typical social network or messaging services, and every transaction I made worked without a hitch. (Though users should note that funds will not show up on the actual card’s E-Paper screen itself until refreshed via the smartphone app, for the sake of keeping the wallet itself offline.)

Currently, only a limited selection of altcoins are available for storage — though EOS support was added recently. In terms of ERC20 tokens, only Tether (USDT), WETH (WETH), JoyToken (JOY), and JAYZ (JAYZ) are supported, though plans are currently in the works to eventually support all ERC20 tokens and every major altcoin.

Verdict

There are plenty of hardware wallets on the market to choose from, but the CoolWallet S stands out from the crowd with its slick and professional design, robust security measures, and user-friendly smartphone integration. It’s hard to find fault with the product, especially with plans to continually support more and more altcoins.

To learn more about the CoolWalletS, check out the official website at https://coolwallet.io/.

What do you think about the CoolWallet S? Let us know in the comments below! 


Images courtesy of CoolBitX.

[Disclosure: The CoolWallet S unit Bitcoinist reviewed was provided free-of-charge by CoolBitX for the purpose of review.]

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Adblock Plus Creators Enlist Blockchain To Fight ‘Fake News’

Adblock Plus Enlists Blockchain To Identify 'Fake News'

Adblock Plus creators eyeo are out to put an end to misleading and false information online. Their new ‘Trusted News’ browser extension is aiming to take advantage of blockchain technology to create a decentralized database that classifies the integrity of information on the web.


The Era Of ‘Fake News’

The past few years on the internet have been a tumultuous roller coaster ride which has ushered in waves of innovation and mass adoption around the globe. As of December 2017, more than 54 percent of the world’s population has access to the internet in some form.

Unfortunately, there will always be some who will take advantage of others. In most recent times, those who browse the internet have to constantly be aware of advertisements and information that is biased, misleading, or completely untrue. This advent of deceptive and false information on the internet has caused huge rifts amongst entire populations, especially in the political sector.

Fighting The Good Fight

Fighting The Good Fight

Software developing company eyeo, creators of the popular web browsing tool ‘Adblock Plus’ is stepping up to the plate once again — this time to try and curb the amount of false information that is plaguing the internet by identifying and classifying it. The beta chrome extension, ‘Trusted News’ will use a rating system that will sort websites into categories like ‘trusted,’ ‘satire,’ ‘biased,’ ‘malicious’, and ‘unknown.’

The initial version of ‘Trusted News’ will use existing fact-checking websites such as ‘Politifact,’ ‘Snopes,’ and ‘Wikipedia’ in the classification process. Eyeo will also be teaming up with MetaCert Protocol — an anti-URL fraud web developing company, to compile and maintain a decentralized database.

A Case For Blockchain?

With the huge influx of blockchain based companies and products, it can be hard to determine the most legitimate use cases. ‘Trusted News’ wants to incorporate feedback from its users by running the program on the Ethereum network and rewarding users’ submissions with MetaCert tokens. Later in the roadmap, eyeo plans to create a system where users can award tokens to those giving substantial feedback and information, similar to the Steemit system.

Ben Williams, the company’s director of ecosystems, says:

What we want to do, and where the blockchain comes in, is we want to move that over to incorporate users’ feedback as well.

He continues:

So initially what we’re going to do in a few weeks is incorporate something where users can just provide feedback through the extension. And they can dispute something. They can say ‘hey I don’t feel like this site should be listed as biased because whatever’. And we’re going to use that feedback to make the product better.

Will there be a strong demand for this particular use case of blockchain technology? Can it objectively and properly classify websites? Let us know what you think in the comments below!


Images courtesy of Pixabay, Trusted News

The post Adblock Plus Creators Enlist Blockchain To Fight ‘Fake News’ appeared first on Bitcoinist.com.

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What Does the Future of ICO Advertising Look Like?

What Does the Future of ICO Advertising Look Like?

Due to the notorious volatility and unregulated nature of cryptocurrencies, many organizations and even governments are jumping on the bandwagon to ban them.


As we move further into 2018, even the big tech firms are starting to put their foot down on crypto advertising. Such a huge widespread ban has the potential to severely hinder the future development of the crypto industry.

Google and Facebook Have Banned ICO Advertisements

Some of the Internet’s largest advertising platforms, including Facebook, Twitter, and YouTube, have completely banned any advertisements promoting ICOs and cryptocurrencies.

As of June, even Google will be banning the advertisement of crypto – including ICOs, wallets, and exchanges, etc.

 There has been a lot of speculation as to why this has happened. Some speculate that it is merely an attempt to protect their users (and their reputation) from fraudulent ICO and token scams and Ponzi schemes, while others have even suggested that these websites could be feeling threatened by the increasing popularity of blockchain technology.

But regardless of the reasons behind these bans, one thing is becoming clear – ICO marketing has become increasingly difficult.

 ICOs Are Looking for New Ways to Gain Exposure

As it stands, some of the main ways to promote ICOs include:

  •  Going on a roadshow and speaking at conferences to elicit interest, growing a brand and being exposed to potential investors.
  •  Ordering press releases and getting them published on popular websites that are frequented by crypto enthusiasts.
  •  Joining in discussions on popular social media websites – such as Facebook groups, Reddit, Telegram, Quora, LinkedIn groups, and specialized forums.

If you really want to succeed, it’s likely you’re going to have to leverage all of these methods and more.

Hopefully, after a while – if your offer is good enough – your idea will spread among users through word of mouth and you’ll be able to tone down your efforts slightly. But until then, you need to work hard to get your message out.

Can Decentralized Platforms Be A Powerful Channel to Promote ICOs?

One up-and-coming blockchain platform, known as 2Key, is introducing a brand-new model that rewards users for sharing valuable information.

It might just be the new go-to platform for blockchain startups looking to gain exposure.

2Key is a decentralized global referral network. Its goal is to become the go-to platform used to share information about products, services, and events. The platform encourages the free-flow of valuable information through human referral chains.

This is made possible through the platform’s Multi-Step tracking technology that makes it possible to track and reward every user involved in the link-sharing chains.

Using this technology, anyone can easily create their own referral link based on a smart contract, define their goal (such as more exposure, leads, or sales), and incentivize the human network to share this message to achieve it.

It even incentivizes users to share beneficial information by directly rewarding them with tokens.

As time progresses and 2Key continues to develop, the platform could become the go-to solution that ICO organizers choose instead of running bounties for their users.

 Another platform that’s built a lot of momentum is Wings.AI.

While the core functionality is to forecast and predict the amount an upcoming ICO is going to raise, the benefit Wings can bring to the table is ICO discovery and word-to-mouth buzz marketing.

The Wings community is comprised of crypto enthusiasts and investors that are constantly seeking new projects to evaluate. Through the Wings platform, users are exposed to new projects on a weekly basis, and they are required to run due diligence evaluate the project and share their findings on social media and on the Wings platform.

In some cases, this can create a network effect, where thousands of people engage with a project, ask questions, provide feedback and discuss it with each other.

How Are Users Rewarded?

With 2Key’s case, the platform features its own multi-party state channels protocol. This allows links to automatically perform self-tracking and information sharing as they are distributed.

This enables 2Key’s smart contracts to automatically reward the entire chain whenever a result is achieved.

Users will be rewarded with the 2Key Ethereum utility tokens in return for successfully referring other users. These tokens can be exchanged or used to purchase other services within the network.

With Wings.AI, users are rewarded in tokens based on how accurate their predictions were.

This incentivizes users to run a good due diligence, improve their rating on the Wings platform and grow their reputation.

 The Future of Advertising

There are a huge number of predictions about how advertising will change in the future that can be applied to the ICO industry.

Perhaps one of the biggest changes we will witness is the ever-increasing personalization of advertising.

Long gone are the days when the best way to advertise was to put up a massive banner advert in the middle of the city center that would attract the attention of everyone who passed by.

In today’s society, the best advertising is that which is highly targeted. A study by Rocket Fuel revealed that 80% of Millennials see value in brands engaging them with personalized offers.

Platforms like 2Key that are part of the moment shifting advertising away from the hands of big brands, back into the control of the human network, could act as a major catalyst for changing the future of advertising.


Images courtesy of 2Key, Wings.ai, AdobeStock

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Why jobs are booming when growth stays weak

My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. Today, away from the parliamentary kerfuffle over Brexit, Donald Trump’s dangerous protectionist rhetoric, higher interest rates in America, the prospective end in December of quantitative easing…

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