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Former Overstock chief financial and risk management manager Robert Hughes is resigning to join a blockchain startup that also includes Overstock CEO and co-founder Patrick Bayne, The Wall Street Journal reported on April 6.

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According to the press release published in Market Exclusive, Hughes informed the company that he will be leaving the job on April 2 and that he will be in the position of chief financial officer at DeSoto, which is half-affiliated to Overstokc, from April 16.

DeSoto first announced in December 2017. announced by Byrne, CEO of de Overstock. The project aims to create a property registration system enhanced with Blockchain technology that protects the rights of the property owner. DeSoto is a joint venture of Medici Ventures, a subsidiary of Overstock and responsible for the firm’s blockchain investments, and Peruvian economist Hernando de Soto.

Gregory J. Iverson, who previously served as CFO at Apollo Education Group, is due April 16. He will start working at Overstock.com as chief financial officer. Iverson, 42, worked at Apollo from April 2007 until this March.

Cointelegraph- Helen Partz

Investopedia, known as the Wikipedia of the financial world with 20 million visitors per month, chose Bitcoin as the term of the year.

Investopedia has published the Annual Best Financial Terms list, measured by annual search volume and percentage earnings. Unsurprisingly, “Bitcoin” topped the list, leaving behind terms like “artificial intelligence”, “Trumpcare”, “FAANG” and even “millenials.” This interest is predicted to be a start for Bitcoin and cryptocurrencies, which have become one of the most talked about concepts.

Unprecedented interest

Investopedia editorial writer Caleb Silver said on the subject:

We’ve seen a lot of investment frenzy before, but the interest around Bitcoin, cryptocurrencies and Blockchain has generated unprecedented interest in Investopedia and all the media.

Following the rise of Bitcoin Competing to list futures contracts, US Exchanges are scrambling to launch the first Bitcoin-based exchange-traded fund (Bitcoin ETF). Central banks have even begun to explore ways to use technology derived from cryptocurrencies to issue government-backed currencies on a Blockchain.

There are other terms from the cryptocurrency world on the list

Bitcoin, cryptocurrencies is not the only term on the list from the world. Blockchain, which is thought to change the world, took the second place on the list.

The ICO, which is known to help start-up companies earn more than $4 billion net in 2017, ranks fourth on the list.

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Research on Bitcoin mining has shown that mining operations have become even more difficult in the last 3 months. Existing Bitcoin miners who warn those who want to mine Bitcoin but have not yet entered the market on this subject, announced that they should be careful and that the profitability rates continue to decline continuously.

Being an investor and mining Stating that people who want to make profits may not be able to find an answer to their desire to make a profit, existing miners explained that investors should examine the market situation more and act according to the market situation before mining on this issue.

15% Has Become Difficult

Bitcoin has become 47% more difficult in 3 months, and 15% more difficult in the last 1 month. It was stated that malicious people played an active role here, and that bigger problems arose because some people tried to mine with unnecessary products. The fact that the earnings from mining are not as much as before, while even some existing miners take a step back from the market, it is shown as proof that the miners have more difficulty. This was also the case in the price record he made in January.

Kitapyurdu, which has been selling books with the e-commerce model for many years, continues to develop. Announcing the platform where authors can publish their books without the need for a publisher, in February this year, Kitapyurdu started to take its place in the sector with its audio book feature

Over 500 books at the first stage

After the recent increase in popularity of audiobook applications, Kitapyurdu, the leading brand of the industry, also announced this feature. The company, which presents its users with more than 500 books in more than 25 categories, offers free service for the first 30 days, special for the opening. Librarian, which entered at very advantageous prices compared to its competitors, determined its annual subscription fees as 49.99 TL. The e-commerce site, which also offers weekly membership, charges 9.99 TL for this subscription.

Free for life for the visually impaired

Kitapyurdu.com’s audiobook application will be accessed by the users who are members of the site with the points they will get from their shopping. Visually impaired citizens will be able to benefit from the application free of charge for life, for the application that can be downloaded on both operating systems.

On the other hand, the book of the week chosen by the company can be listened to free of charge by non-premium members. Thus, it will be possible to listen to 4 books aloud in 1 month. The audiobook application of Kitapyurdu, which has reached thousands of members in a short time, can be downloaded from the App Store and Play Store without any charge.

In addition to public institutions, the private sector continues to send support for the Izmir earthquake, one of the biggest disasters of recent years. Finally, n11.com joined the call for help that started from the first day. The industry’s leading e-commerce site announced that it donated 500 thousand TL to meet the needs of the region

500 thousand TL donation to the Red Crescent

n11.com, which is among the main players of the sector together with Gittigidiyor, Hepsiburada and Trendyol, donated 500 thousand TL to Kızılay after the earthquake disaster in İzmir. Sharing on their social media accounts, n11.com said, “We are in great pain and sadness… As the n11 family, we are grateful to all the organizations that rushed to help earthquake victims in Izmir. We, on behalf of n11, donated 500 thousand TL to Kızılay to support the needs of earthquake victims. We offer our condolences to our citizens affected by the earthquake, our condolences to the families and relatives of those who lost their lives, and a speedy recovery to our injured citizens.” made a statement.

On the other hand, Gittigidiyor sent food support to meet the needs of the animals in the region, Trendyol blanket support, and Hepsiburada a support package consisting of basic hygiene materials.

The European Commission, the executive body of the European Union, reported that it is closely examining the cryptocurrency markets, urging investors to issue risk warnings for EU banking and market research.. The Commission is expressing its concerns about Bitcoin prices.

At a press conference on Wednesday, European Commission Vice-President Valdis Dombrovskis called the volatility of Bitcoin prices “alarming”.. The official—the European Union’s chief financial officer as vice president of the financial stability, financial services, and capital markets association—came the attention of the authority to the bitcoin market.

In a statement to Reuters,

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Our attention to Bitcoin has increased in recent weeks. There are clear risks for investors and consumers associated with price fluctuations such as complete loss of investments, operational and security failures, market manipulation and liability gaps in this area.

In a report published by the Financial Times newspaper, He said the official did more than just give a speech about a public forum, urging them to warn in a letter to banking and market watchers that cryptocurrency investments in the European Union are risky.

Inform All EU Institutions

In particular, Dombrovskis’ letter is addressed to the heads of the EU’s three supervisory authorities, namely the European Banking Authority (EBA), the European Insurance and Vocational Pension Agency (EIOPA); Sent to the European Securities and Markets Authority (ESMA);

Dombrovskis, in a statement to reporters, added:

Remember, Bitcoin’s value is in any country or country. cannot be guaranteed by the issuer … Investors should understand that its value may decrease at any time. Virtual currencies like Bitcoin are not real currencies.

European Commission Holds Bitcoin Prices Tight

As previously reported, the European Commission first He proposed strict rules regarding the use of cryptocurrencies in July 2016.. The legislation led to the inclusion of digital currency exchange and wallet providers covered by the Anti-Money Laundering Directive (AMLD). The executive body also proposed a central database to record the identity information of Bitcoin and cryptocurrency exchanges.

Many institutions around the world are taking different approaches.. While some are concerned like the EU, some country officials are making promising sentences about Bitcoin prices and its future.

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Philippine central bank recently announced that they are considering a regulatory framework for Bitcoin and other cryptocurrencies.

Filipino financial regulators and the country’s central bank, Bangko Sentral Philipinas (BSP), recently announced that they are considering a regulatory framework for Bitcoin and other cryptocurrencies. announced that they plan to establish a regulatory framework for assets. Earlier this week, BSP Deputy Chuchi Fonacier confirmed that the central bank will partner with the Philippine Securities and Exchange Commission (SEC) to develop regulatory policies for businesses and individuals wishing to participate in the market.

media outlet GMA reported. According to the report, the country has finally decided to take a proactive approach in developing regulatory policies for the crypto industry. BSP Deputy Secretary General Chuchi Fonacier stated that the bank will ask the SEC to work with the SEC to formulate regulations pertaining to various areas of the cryptocurrency industry, including initial cryptocurrency offerings (ICOs), digital exchange licenses and cryptocurrencies regulations..

During an interview, Fonacier said that the rapid development of the industry as they focus on cryptocurrency exchanges may require the regulation of cryptocurrencies themselves.

This view is in line with the SEC, the partnership of BSP. Fonacier also confirmed that Filipino businesses and individuals are already investing in cryptocurrencies such as Bitcoin, which the two financial institutions protect. he called. Currently, the central bank is mostly concerned with reviewing transfers of Bitcoin and ensuring that all active exchanges in the country are licensed and licensed in accordance with the licenses. However, to date, 12 Filipino firms have applied for regulatory approval, but only five companies have been added to the list of positive applicants. BSP also operates the nationwide Rebittance and Coins.ph.

Last month, BSP Administrator Nestor Espenilla discussed issues with ICO regulation, as well as the possibility of creating a legal framework in which Bitcoin would be accepted as a real currency. Espenilla noted that the central bank is open to the latest innovations the fintech industry has to offer.. BSP added that it plans to take a proactive approach to ensure the Philippines is conducive to innovation.

CryptoCoinNews

CryptoCoin.News | Crypto News Today

Who is Omer Arikan? With the growth of the e-commerce sector since the mid-2000s, T-Soft, which develops sites and produces solutions in this regard, has also grown.. In fact, T-soft managed to create a large part of the e-commerce sector.. Behind such a successful company was Ömer Arıkan. Although there is not much information about him, we tried to create the biography of Ömer Arıkan as much as we could.. Here are the answers to questions such as how old is Ömer Arıkan, where is he from and who is the owner of T-soft

Who is Ömer Arıkan?

Omer Arikan, October 4 Born in 1978. The fast-paced education years finally ended with a master’s degree in marketing at Istanbul University.. However, Arıkan has always developed himself in the field of software by being interested and curious about technology as well as education.. While studying at school, he created web pages and content pages on the other.. And he earned foreign income from these works.. When he was 24 years old, he decided to gather these individual activities under the T-Soft brand and established Tarkon Bilişim company in 2003.

Whose is T-soft? Who is the owner of T-Soft

Continuing to grow without any investment and currently serving more than 2000 customers with nearly 100 employees, T-soft seems to be the leader of e-commerce in Turkey.. T-soft, which produces e-commerce solutions for brands such as Sarar, Balparmak, Uludağ, Arzum, Ebebek, Çaykur and Atasay, makes a difference with the features included in its packages.. T-soft, which has been operating in the sector for 15 years, will increase its market share in 2023 with the importance it attaches to R&D.. Founded by Ömer Arıkan in 2003 and managed to become the leading company of the sector despite all the difficulties, we find answers to questions such as who owns T-soft and who owns T-soft.

On the other hand, Tarkon Bilişim T-Software, which was founded exactly 15 years ago, besides -soft; Offering integration and marketing solutions, ConnectProf also reaches its customers with Smartydata, which provides services in the field of data mining, and Jetofis, an innovative accounting program.

American businessman and investor Peter Schiff believes that investors who want to buy Bitcoin at current prices will lose everything and cannot make much profit from it.

Interesting and a little scary for Bitcoin. It’s been a few days.

Last week the price had a positive reaction to the launch of Bitcoin futures on the CBOE.

Then, on Wednesday, America’s largest Bitcoin exchange, Coinbase, launched Bitcoin Cash. in (BCH) platform and exchange announced that it was launched as a surprise to GDAX. Bitcoin has dropped a bit and BCH price has risen.

Prominent analyst Peter Schiff cited the 2008 housing market crash as an example, warning investors to be cautious when buying Bitcoin today. They Made Money

“People who started years ago, or even bought at the beginning of the year, have the opportunity to make money or even make a lot of money. But people who buy at these prices or higher can lose practically everything. These currencies will one day be close to zero or pretty close to it. Currently, the only reason people buy Bitcoin is because of its price increase. When this business returns, they can’t sell it the same way.”

Also, voicing common criticisms of Bitcoin Core’s transaction functionality, criticizing the low-speed and high-cost transaction cost:

There is no such thing as “Bitcoin”, you cannot use it as money. It’s too slow, too expensive, and too vulnerable.”

Cointelegraph

The DNS server of decentralized cryptocurrency exchange EtherDelta was successfully breached by an attacker on Wednesday. Hacker redirected system users to a malicious website. Briefly, EtherDelta servers were hacked, albeit temporarily.

EtherDelta servers were hacked with DNS Server Vulnerabilities

EtherDelta told its users that a hacker temporarily hijacked the DNS server their system was connected to and that the current site was fake. stated that it allowed him to send a user to a malicious site. System officials made the announcement in a series of tweets.

EtherDelta is a decentralized exchange, governed by digital contracts.. That means the exchange has no third party control of user funds. However, the service does allow users to transfer their own keys directly to it.

As a result, the hacker may have been able to steal money from users who could not recognize if the site was a fake site, unconsciously importing their private keys into the fake site.

According to the data obtained from the Ethereum blockchain; The hacker is believed to have stolen about 308 ethers – about $250,000 – at current exchange rates, as well as some ERC20 tokens. and said it is “totally safe” for them. The company added that deposits sent by users whose key was never exported on the fake version of the website are “safe”.. However, system users may want to consider moving their money to a new wallet address as a security measure and may want to reconsider the migration decision.. Uploading private keys directly to a website seems to make the most sense.

The Dangers of Cryptocurrency Transfers

The attack resulted in South Korean digital currency exchange Youbit having 17 percent of its assets stolen – the company It was his second attack this year – and it came just days after he revealed that he lost when he forced its operator Yaepan to declare bankruptcy.

Like Youbit, EtherDelta was a small exchange. CoinMarketCap reported that it has processed roughly $7 million in volume over the past 24 hours, showing a slightly lower-than-average figure due to the breach. However, the exchange was popular with ERC20 token traders as it was one of the first malls to support tokens from lower profile initial coin offerings (ICOs). won’t open. But each attack demonstrates the risks of using cryptocurrency exchanges, either decentralized or decentralized.

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