Google Chrome Going Down Switch to Brave Browser


Google Just Gave 2 Billion Chrome Users 
A Good Reason To Switch.
Google is planning to restrict modern ad blocking Chrome extensions to enterprise users only, according to 9to5Google. This is despite a backlash to an announcement by Google in January proposing changes that will stop current ad blockers from working efficiently.  And the software giant is not backing down: It says the only people that can use ad blockers following the change will be Google’s enterprise users.  The proposal – dubbed Manifest V3 – will see a major transformation to Chrome extensions that includes a revamp of the permissions system. It will mean modern ad blockers such as uBlock Origin – which uses Chrome’s webRequest API to block ads before they’re downloaded – won’t work. This is because Manifest V3 sees Google halt the webRequest API’s ability to block a particular request before it’s loaded.  People aren’t impressed. Many have complained about the move, which effectively takes control away from the user and creates an incentive to use other services instead.
9to5Google highlighted a single sentence buried in the text of Google’s response to the complaints, which clarified the changes: “Chrome is deprecating the blocking capabilities of the webRequest API in Manifest V3, not the entire webRequest API (though blocking will still be available to enterprise deployments).”  In other words, paid enterprise-only users will still have the ability to block unwanted content. It probably means enterprise customers can develop in-house Chrome extensions, not for ad blocking use, 9to5Google says. For everyone else, the changes announced in January will remain the same.
It’s annoying to say the least, but the reason for these changes is obvious: Ads are at the heart of Google’s business model.  “We are starting to see Google's conflict of interest arising,” Sean Wright, an independent security consultant told me. “Google relies on the revenue of advertising, so one can see why they would make such a move.”
 credit to Kate O'Flaherty

SWITCH TO BRAVE BROWSER: WHY?
Brave is open source and built by a team of privacy focused, performance oriented pioneers of the web.
BROWSE FASTER
Browse the web up to 8x faster than Chrome and Safari.  Brave loads major news sites 2 to 8 times faster than Chrome/Safari on mobile and 2 times faster than Chrome on desktop.




No more data charges to download unwanted content
The average mobile browser user pays as much as $23 a month in data charges to download ads and trackers — that’s $276 a year. Brave blocks ads and trackers, so you don’t pay for them.  Brave blocks unwanted content by default and keeps count.  Popular sites often host multiple ads and as many as 70 trackers per site. Worse, most leading ad blockers still allow trackers through to profile your location, behavior and other browsing activity.  
Earn rewards and give back to your favorite Creators
Support your favorite sites with micropayments. Brave features blockchain-based tokens which can be used to reward content creators.  Brave blocks the software that follows you around The “private” browsing mode that others offer is not truly private. Brave’s many privacy features, including “Private Tabs with Tor*,” stop trackers and provide a deep level of protection.  *Available on desktop, coming soon to mobile.



Brave Rewards is built on the Basic Attention Token (BAT), a new way to value attention, connecting users, content creators, and advertisers.  When you join Brave Rewards, your browser will automatically start tallying (only on your device’s local storage) the attention you spend on sites you visit. Once a month, Brave Rewards will send the corresponding amount of BAT, divided up based on your attention, from your local browser-based wallet to the sites you’ve visited. You can remove sites you don’t want to support, and tip creators directly too.  All of this is anonymous: nobody (not even us here at Brave) can see who supported which sites. We can only count up the total support for each site and send the BAT their way. Content creators can use our partner Uphold to convert the BAT they earn into a currency of their choosing.  You can fund your wallet with a currency of your choice or earn tokens by viewing ads you’re in control of.  Brave Rewards goes beyond anonymously supporting your favorite content creators. Private ads are enabled by default in Brave Rewards, providing the ability to earn Basic Attention Tokens (BAT) every time you view an ad. Ads are presented separately from your web content at a convenient time, and keep your personal details completely private and anonymous.

You can control the number of private ads you’d like to see, and earn 70% of the ad revenue that we receive from advertisers. In exchange for your attention, you’ll accumulate tokens as you browse. You can contribute these tokens to the sites you love — with more options coming later. Of course, you can also turn off private ads at any time in the Brave Rewards settings page if you no longer want to earn tokens by viewing them.

It’s always your choice to be part of Brave Rewards and help creators keep creating.  The web is built by content creators. Most depend on an ad-based revenue stream which allows them to keep creating.   Unfortunately, the current system is failing to deliver on that promise — the middlemen and platform operators capture most of today’s ad revenue, while creating malware distribution and ad fraud opportunities. Brave Rewards upends this broken system and provides a new way forward for creator support. Brave Rewards puts every aspect of this process under your control.

You’ve paid with your attention. You’ve earned your reward.  Creators will always need your support to make amazing things. Soon enough, you’ll be able to directly withdraw the BAT you earn rather than using it to support the sites you love. To do this, you’ll need to create a wallet using a partner of ours. Over time, we’ll add more options to connect your own wallet to Brave Rewards. Stay tuned for details; we’ll be announcing developments as they come.


Leave us your comments on the section below why would not to switch to brave browser when you will earn cryptocurrency doing the same and protecting your privacy on the same time.


What is Binance Coin $BNB ?


WHAT IS BINANCE COIN?
Binance held its ICO in July 2017. From there, the exchange decided to issue its own coin called, you’ve guessed it, Binance Coin. Its symbol: BNB.   According to its website, BNB runs natively on Binance chain.

Binance was founded in 2017, by Changpeng Zhao (current CEO) and Yi He.  It’s the world’s largest crypto exchange based on traded volume.
The exchange has its native currency –  BNB.
The coin was established with a total supply of 200 million. Every quarter, we will destroy BNB based on the trading volume on our crypto-to-crypto platform until we destroy 50% of all the BNB. All transactions will be on the blockchain. 
We eventually will destroy 100MM BNB, leaving 100MM BNB remaining.  When it comes to the question of whether the coin is security or utility, opinions differ.  Recently, Binance was "Supposedly" hacked and 7000 BTC were stolen during the attack.
What you can use Binance coin for?
You can use the coin for paying trading fees on the exchange, plus you get the discount during the first year in the amount equivalent of a 50% discount on trades.
You can also use it on some platforms such as the Uplive platform for buying virtual gifts, or the Nexo platform which gives instant crypto loans.
As already said, you can use BNB to pay for any fees on Binance exchange. Moreover, during the second year, you get a 25% discount, 12.5%, in the third, and in the fourth, you get a 6.75% discount. Not bad.
Binance coin price continues to climb;

2019 has been a good year for all of cryptocurrency, including BNB. On May 19, Binance Coin crossed the $29 mark, establishing a new all-time high. At this moment, BNB is the seventh largest cryptocurrency by market capitalization.
Although Binance coin still hasn’t reached the status of Bitcoin, the team is working hard on expanding its use. We should keep in mind that Binance is one of the largest crypto exchanges in the world, which means that its coin has exposure to millions of traders using the exchange.
Credit to Tamara Jones

"Crypto'sCity Final Words"
Educate yourself before investing on any cryptocurrency, as you can see in the chart BNB Coin has raise up to 22k% since it start on the market, it doesn't mean that will growth more or will collapse anytime soon, but keep in mind:  Its a centralized coin, it can be control by the exchange and or bigger investors/CEO, it can and was hacked, it can also be completely wipe out on a mayor hack as it happen with Mt-Gox.  We just trying to be open mind here and tell you all the possibility that something can goes wrong.
Please leave us your comments if you ever got one or if you are willing to do it. Don't forget to subscribe to be up-to-date with the Crypto's News.

Bitcoin Paper Wallet Vulnerability That Gave Same Key to Multiple Users.


Paper Wallet Vulnerability That Gave Same Key to Multiple Users. "Beware"

What is a Paper Wallet?
A paper wallet is an offline mechanism for storing Cryptocurrency like Bitcoin. The process involves printing the private keys and Bitcoin addresses onto paper. Physical wallets, also known as "physical Bitcoins," are considered one of the safest ways to store Bitcoins; if properly constructed, and provided that certain precautions are taken, it will be nearly impossible for a hostile user to access your Bitcoin holdings. Images of physical Bitcoins are commonly seen in media coverage in innovative styles, mostly with a ‘new look’ of the coin and the private key printed either on paper, plastic, or metal.

Follow the security checklist recommendation
First step is to download this website from Github and open the index.html file directly from your computer. It's just too easy to sneak some evil code in the 6000+ lines of javascript to leak your private key, and you don't want to see your fund stolen. Code version control make it much easier to cross-check what actually run. For extra security, unplug your Internet access while generating your wallet.

Step 1. Generate new address
Choose your currency and click on the "Generate new address" button.

Step 2. Print the Paper Wallet
Click the Paper Wallet tab and print the page on high quality setting. Never save the page as a PDF file to print it later since a file is more likely to be hacked than a piece of paper.

Step 3. Fold the Paper Wallet
Fold your new Paper wallet following the lines. Fold in half lengthwise, and then in three widthwise.

You can insert one side inside the other to lock the wallet.

Step 4. Share your public address
Use your public address to receive money from other crypto-currency users. You can share your public address as much as you want.

Step 5. Keep your private key secret
The private key is literally the keys to your coins, if someone was to obtain it, they could withdraw the funds currently in the wallet, and any funds that might be deposited in that wallet.

Please test spending a small amount before receiving any large payments.

Computer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple Users.

Online cryptocurrency paper wallet creator WalletGenerator.net previously ran on code that caused private key/public key pairs to be issued to multiple users. The vulnerability was described in an official blog post by security research Harry Denley of MyCrypto on May 24.

According to the post, the bad code was in effect by August 2018, and was only recently patched out as of May 23. The live code on the website is reportedly supposed to be open source and audited on GitHub, but there were differences detected between the two. After researching the live code, Denley concluded that the keys were deterministically generated on the live version of the website, not randomly.

In one of MyCrypto’s tests between May 18–23, they attempted to use the website’s bulk generator to make 1,000 keys. The GitHub version returned 1,000 unique keys, but the live code returned 120 keys. Running the bulk generator always reportedly returned 120 unique keys instead of 1,000 even when other factors were tweaked, including browser refreshes, VPN changes, or user changes.

Randomness is needed to generate the key pairings in order for the paper wallets to be secure. As the post puts it:

“ELI5: When generating a key, you take a super-random number, turn it into the private key, and turn that into the public key / address. However, if the ‘super-random' number is always ‘5,’ the private key that is generated will always be the same. This is why it’s so important that the super-random number is actually random…not ‘5.’”

WalletGenerator patched the determinism problem after MyCrypto reached out during the middle of its investigation. WalletGenerator purportedly responded afterward saying that the allegations could not be verified, and even asked the correspondent if MyCrypto was a “phishing website.”

MyCrypto added that users who generated keypairs after August 17, 2018 should immediately move their funds to a different wallet and recommended not to use WalletGenerator.net.

As previously reported by Cointelegraph, a so-called “blockchain bandit” made off with around 45,000 ether (ETH) by guessing weak private keys on the Ethereum blockchain.
Credit to 
on CoinTelegraph

Please leave us your comments if you ever got one or if you are willing to do it.  
Don't forget to subscribe to be up-to-date with the Crypto's News.


Send Receive Bitcoin & Litecoin on facebook Messenger, WhatsApp, Telegram and SMS



Starting now, you can send and receive bitcoin and litecoin on Whatsapp.  The giant messaging platform aims to lower the entry barrier for the average person to use cryptocurrencies.   Potentially, this could grow into the easiest way to accept bitcoin and other cryptocurrencies.

Send LTC and BTC on WhatsApp.

A Swiss-based crypto messaging platform called Lite.IM developed a tool to simply receive and send BTC via WhatsApp.  Lite.Im is developed by Zulu republic, who distributed a free airdrop for their native ZTX token in 2018.  All you have to do as a user is to add the Lite.Im WhatsApp bot and follow the instructions to start using and earning virtual currencies on the app.

Step-by-Step guide:
1-Start the process by clicking here.
2-Choose your Language.
3-Set a password.
4-You’re all set!.

The smart reading already saw option 6, share your code with friends and you can earn btc.
This is yet another way to earn bitcoin or crypto that are available for the people who are looking to earn crypto from home.

How do I receive Bitcoin on Whatsapp?
It’s simple, once you installed the bot you do the following:
1-Type in 0 and press enter, to reset the bot.
2-You’ll see the options menu again, and you type in 1 to receive btc.
3-You select how you wish to receive it, we selected 2 QR code.

Send that QR code to your friends, and tell them you are open for business and you accept bitcoins!



How to change virtual currency:

Besides bitcoin on Whatsapp, you can also use other coins on the messaging platform.
You go back to the main menu by typing “0”.
You change your default currency by selecting “1” and pick which coin you want to use between Ethereum, Litecoin and Zulu Republic token (ZTX).



Credit to Morten Christensen

World Decentralization is up and Running with PundiX FunctionX XPOX

What is Pundi X Open Platform?
Open Platform supports blockchain developers, digital asset issuers and businesses to freely apply and list their custom digital assets onto Pundi X’s payment ecosystem, including XWallet, XPOS, and XPASS cards.
Developers and merchants can now easily make their digital assets available to serve various offline and online payment scenarios. The Open Platform will first support ERC20 tokens and later expand to digital assets of other blockchain.


Why Pundi X Open Platform?
To provide developers increased use cases and token user base by supporting offline and online payment of their custom tokens in Pundi X‘s ecosystem.
To provide token holders and users more places and scenarios to use their various digital assets easily.
To encourage merchants to adopt digital asset payment, from various ERC20 tokens and various custom-made cards, to other digital assets on different blockchains.

Use digital currency anytime, anywhere.
In 2019, Pundi X will bring its payment ecosystem - the XPOS, XWallet, and XPASS - to even more consumers and businesses across the world. We have been deploying our blockchain-based point-of-sale (POS) solution and solidifying partnerships with governments, payment companies, and retailers. Together, we will achieve fast-paced growth.
Providing a borderless payment ecosystem beyond fiat.
There are many reasons why people are now turning to digital currency. The most obvious use case is for transactions, but digital currency also plays a key role in promoting financial inclusion, overcoming foreign exchange issues, and even mitigating the instability of fiat currency.
People all over the world are eager to get their hands on our blockchain-based payment solution, the XPOS. Emerging markets want the XPOS to stabilize their payment ecosystem amid hyperinflation. Developed markets are partnering with us to digitize and modernize their payment infrastructure using our blockchain technology.
The XPOS devices are already live in 25 markets globally, and we will expand into even more territories in 2019. We will make transacting with digital currency as easy as buying a bottled water.


Digital payments made easy on your mobile device.


Seamless integration
You can easily manage your digital assets, check your current balance, or top-up in the XWallet. By default, each user will have a virtual XPASS card in the app. You can also pair your XWallet with your Pundi XPASS card to make payments directly from the app when needed. If you lose the XPASS card, you can transfer all your tokens from the XPASS card to the XWallet app or to another XPASS card.


Top Up Your XWallet from other wallets.


Select the ‘Card’ icon and choose the virtual card.
Select the type of currency you want to top up.
Tap on the ‘Receive’ icon and choose ‘View address’.
Copy the top-up address or scan the QR code.
On your other wallet, choose the correct type of cryptocurrency and insert the XWallet top-up address to make the transfer.
Instant Payments Online or Offline
Transactions via an internet-connected XWallet or XPASS can be processed immediately, while offline transactions can be made by scanning the QR code, which will later be uploaded onto the blockchain. The XWallet, in short, keeps up with your busy lifestyle.
Safe and Secure
Each XWallet comes with a username and password protection feature. There is also no need for (private key) data backup because it is not a cold wallet. The app can also help users easily retrieve data stored on any phone, device, or XPASS linked to the app.


What is Function(X)


The next era of the Internet on "Blockchain Internet". Function X will be leading the charge to power this new era of decentralized world. Every app, image, data, bit and byte on the internet will be decentralized.
An ecosystem that extends beyond just financial transactions toward a new path for decentralization. To ensure it can operate without relying on any specific individual, organization and structure, f(x) Coin* will become its own native, independent currency for facilitating transactions.
For their ongoing support the Pundi X project and our initiatives, the majority of the f(x) tokens of the token generation event (TGE) will be allocated to holders of NPXS and NPXSXEM*.
Great blockchain projects have the highest regard for the interests of their community and seeks to balance those interests.

65% of all f(x) tokens from the Token Generation Event (TGE) is allocated exclusively to NPXS/NPXSXEM holders.
At the same time, another 20% will be used for the Ecosystem Genesis Fund for developer partnerships, token listings on the exchanges, f(x) infrastructure service providers and more. The remaining 15% will go to engineering, product development and marketing.

There will be NO public or private sales for f(x) tokens.
Why can’t we just have one token?
The uses, allocation and economics behind NPXS and f(x) Coins are fundamentally different. They are different projects with completely different designs working to different timelines.
To change the terms of NPXS tokenomics would undermine undertakings we made to token holders and the entire economics of the NPXS token. And similarly, to change the planned tokenomy of f(x) would fundamentally undercut its very purpose as a blockchain. In short, f(x) is designed to provide increasing token supply to encourage miners to support the network and businesses and developers to grow the ecosystem. NPXS, by contrast, has been designed to service a payment network with supply decreasing as its adoption grows.


How to receive f(x) token?
All NPXS and NPXSXEM holders will have the option to decide whether and how they would like to receive the f(x) tokens. 65% of the total f(x) token generated from the TGE allocated for NPXS / NPXSXEM holders are broken down for distribution as follows:

15% for all NPXS/NPXSXEM holders to stake
All NPXS/NPXSXEM holders* will be able to receive the f(x) tokens.
-How: Deposit NPXS / NPXSXEM into XWallet to join the distribution scheme or register the public address of your private wallet in the XWallet app to participate.

45% for converting NPXS/NPXSXEM to f(x) tokens
Qualified NPXS/NPXSXEM holders can receive f(x) token by converting their NPXS / NPXSXEM tokens to f(x) tokens. All the converted tokens will be removed from the NPXS/NPXSXEM total supply.

5% extra bonus tasks for all NPXS/NPXSXEM holders to claim
All NPXS/NPXSXEM holders* will be able to receive the f(x) tokens.
A detailed guideline will be provided to help NPXS/NPXSXEM holders opt in to receive the f(x) tokens two weeks before the program starts.

How does the function X benefit the Pundi X project and the Pundi X holders?.
Benefits to NPXS/NPXSXEM holders and the broader Pundi X project are direct.

For the XPOS technology: Improvement of speed and scalability

For the Pundi X project the main benefits are two-fold: payments utilizing XPOS and XWallet become faster and the potential applications for payments using NPXS become much broader.

The migration to a blockchain with much higher transaction capability and a future broader node network than its rivals is an obvious win for NPXS via the XPOS. Function X allows every XPOS to serve as a node. With several thousand XPOS in deployment internationally, this will soon give rise to a network to rival the size and scope of Ethereum (the blockchain project currently with the largest spread and depth of network nodes) and one which is much greater as we progress toward our global rollout. For a truly decentralized payment provider, such depth and reach equals greater payment speed and reliability. That is invaluable.
Then, we have NPXS’s role in a future ecosystem on Function X. XPOS plays an essential part of the f(x) blockchain and ecosystem. It pushes crypto towards mass adoption as well as fueling the adoption of f(x) blockchain. NPXS is to fuel the XPOS, XWallet, XPASS payment transactions on Function X ecosystem. It will also play a huge role in the ecosystem for many payment-related matters, currently on Ethereum and NEM and in the future on Function X’s native blockchain.
For NPXS/NPXSXEM holders

For NPXS/NPXSXEM holders, the above benefits are applicable too but there is the addition of exclusive opportunities to become f(x) token holders. A planned allocation of a total of 15 per cent from TGE will be provided to holders of NPXS and NPXSXEM to get via staking. A planned future allocation will give NPXS/NPXSXEM holders a further exclusive option to convert NPXS/NPXSXEM to f(x) tokens.

The number of the converted NPXS/NPXSXEM to f(x) tokens will be taken out from the total supply of NPXS/NPXSXEM permanently.

Gaining early access to f(x) tokens is completely optional for NPXS/NPXSXEM holders.

After the f(x) mainnet is launched, all remaining NPXS/NPXSXEM holders will be offered a 1:1 token swap for NPXS-FX/NPXSXEM-FX tokens.

Making the world’s first blockchain phone call.
Unlike traditional phones which require a centralized mobile carrier, XPhone runs independently without the need for that.

And it runs on another Pundi X invention, one which holds even more potential: the Function X blockchain. We’ve developed our own chain which we believe will answer many of the challenges facing the many blockchain platforms today by increasing its scale, ability to publish DApps and achieve true decentralization. It will also revolutionize the way we transmit data of all kinds: giving rise to a truly decentralized internet.

Function X is not just a public chain. It is a total decentralized solution
It consists of five essential components: Function X OS, Function X Blockchain, Function X IPFS, FXTP Protocol, and the Function X Docker. All five have one sole purpose which is to decentralize all apps, website, communications and data.

The Function X OS is based off the Android OS 9.0, so there is a backward compatibility with the Android apps. For developers and users transitioning to the Function X platform, it would be relatively easy as the knowledge and experience from developing and using Android will be transferable.

We also believe it will be easier than ever to create and publish new decentralized applications using the protocol.

In the Function X ecosystem, we use a different system to the internet’s http protocol, consisting of F(X) OS, F(X) Chain, F(X) FXTP, F(X) Docker and F(X) IPFS to serve the decentralized web requests.

Every device in the Function X ecosystem will be a node and each will have its own address and private key, uniquely linked to their node names, not unlike traditional URL and IP addresses.

Once registered, if someone wants to access my public data or content, they can just enter FXTP://xxx.pitt. This is similar to what we do for the traditional https:// protocol.

Whether you are sharing photos, data, files or a website, they can be accessed through this path.

And if my friends would like to contact me, they can call, text or email my XPhone by entering ‘call.pitt’, ‘message.pitt’, or ‘mail.pitt’.

The transmission of data runs on a complex exchange of public and private key data and encryption but it can guarantee communication without interception and gives users direct access to the data shared by others. Any info that is sent or transacted over the Function X Blockchain will also be recorded on the chain.


And that is how a decentralized system for communication works.

We’ll have more to say about the availability of the XPhone and the further applications of Function X in the near future.

But today we’ve delivered proof of a working concept; one that upends centralized communications and adds new dimensions to blockchain technology.

The XPhone OS is currently available to phone manufacturers for testing. The detailed information of Function X will be available on functionx.io on October 15th. The Function X blockchain, FXTP, IPFS, and XPhone will be officially launched in Q2 2019.

XPhone by Pundi X (NPXS) Allows You To Switch Between Blockchain and Android OS.


Each Phone is a Node
The device comes with the option of using the Function X blockchain developed by the team at Pundi X for calling and messaging. Users can also turn off this option and revert to regular Android and the usage of centralized carriers. Every XPhone is also a node on the network and contributes to the operation of the blockchain network.
Zac Cheah, founder and CEO of Pundi X, explained how the blockchain phone will return data control back to the users and creators.

What this all means is that data control can and must be given back to users.
Telecommunications and Internet companies have derived tremendous value from controlling data. By decentralizing apps, we can put this data onto a smart contract, effectively giving control back to creators and to users.
Much of what we call peer-to-peer or ‘decentralized’ services continue to be built upon centralized networks. We are changing that.


Specifications of the XPhone
The XPhone will be released later on this year and will come standard with the following features.
5.65” inch screen
Fingerprint sensor on the side
6 GB of RAM
128 GB ROM
Qualcomm® SnapdragonTM 660 Mobile Platform
16 megapixel front camera and 48 megapixel rear camera
3,500 mAH Battery



A guide to converting NPXS / NPXSXEM to f(x) tokens


The f(x) conversion process is not mandatory. NPXS and NPXSXEM holders have the option to decide if they want to participate in the conversion process to receive the f(x) token. To learn why Pundi X is having the f(x) token conversion, please read the announcement “f(x) token allocation to NPXS and NPXSXEM holders”


Instructions for f(x) token conversion
1. Download (or update) and login to XWallet (Android 1.3.3, iOS 1.5.2). The new version with the conversion feature will be available no later than April 15.

2. Complete the XWallet KYC process. Users who are already KYC verified from the staking process do not need to go through the KYC process again. (Users who are not KYC compliant cannot participate in the conversion. Please view the country exclusion list here.

3. Deposit your NPXS/NPXSXEM tokens into the f(x) Card. Go to ‘Card’ > Choose ‘f(x) Card’ > Click ‘NPXS’ or ‘NPXSXEM’ to deposit. For NPXSXEM holders, PLEASE DO NOT SEND FROM THE EXCHANGE. XWallet only accepts NPXSXEM from your private wallet.

4. Click “Conversion” that is seen in the “f(x) card”


f(x) token allocation to NPXS and NPXSXEM holders.

We’ve been steadily building to deliver the vision over the past year. Today we have an ecosystem comprising our XPOS devices, XPASS cards and our new mobile app, the XWallet. Since last August, thousands of XPOS have been shipped to more than 25 countries. Over 50,000 XPASS cards have been activated and more than 60,000 transactions were processed by Pundi XPOS devices and the XWallet in less than the first six months of deployment.

Demand from merchants and customers for instant, on-chain transactions combined with our growth trajectory have led us to search for a blockchain that can service a truly global payment network. That led us to innovate a blockchain ecosystem that can deliver 10-fold gains in speed, openness, scalability, and consensus.

It led us to f(x), an ecosystem that extends beyond just financial transactions toward a new path for decentralization. To ensure it can operate without relying on any specific individual, organization and structure, f(x) Coin* will become its own native, independent currency for facilitating transactions.

For their ongoing support the Pundi X project and our initiatives, the majority of the f(x) tokens of the token generation event (TGE) will be allocated to holders of NPXS and NPXSXEM*.

65% of all f(x) tokens from the Token Generation Event (TGE) is allocated exclusively to NPXS/NPXSXEM holders.
At the same time, another 20% will be used for the Ecosystem Genesis Fund for developer partnerships, token listings on the exchanges, f(x) infrastructure service providers and more. The remaining 15% will go to engineering, product development and marketing.


Why can’t we just have one token?
The uses, allocation and economics behind NPXS and f(x) Coins are fundamentally different. They are different projects with completely different designs working to different timelines.
To change the terms of NPXS tokenomics would undermine undertakings we made to token holders and the entire economics of the NPXS token. And similarly, to change the planned tokenomy of f(x) would fundamentally undercut its very purpose as a blockchain. In short, f(x) is designed to provide increasing token supply to encourage miners to support the network and businesses and developers to grow the ecosystem. NPXS, by contrast, has been designed to service a payment network with supply decreasing as its adoption grows.

How to receive f(x) token?
All NPXS and NPXSXEM holders will have the option to decide whether and how they would like to receive the f(x) tokens. 65% of the total f(x) token generated from the TGE allocated for NPXS / NPXSXEM holders are broken down for distribution as follows:

15% for all NPXS/NPXSXEM holders to stake.
45% for converting NPXS/NPXSXEM to f(x) tokens.
5% extra bonus tasks for all NPXS/NPXSXEM holders to claim.






Please let us your comment about this great technology that is here already and waiting for adoption.


#Binance #Hacked Again.! 7000+ BTC


Binance Security Breach Update


We have discovered a large scale security breach today, May 7, 2019 at 17:15:24. Hackers were able to obtain a large number of user API keys, 2FA codes, and potentially other info. The hackers used a variety of techniques, including phishing, viruses and other attacks. We are still concluding all possible methods used. There may also be additional affected accounts that have not been identified yet.


The hackers were able to withdraw 7000 BTC in this one transaction: 

https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c39e89bb5fe23c5a554ab05ea
The above transaction is the only affected transaction. It impacted our BTC hot wallet only (which contained about 2% of our total BTC holdings). All of our other wallets are secure and  unharmed.
The hackers had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time. The transaction is structured in a way that passed our existing security checks. It was unfortunate that we were not able to block this withdrawal before it was executed. Once executed, the withdrawal triggered various alarms in our system. We stopped all withdrawals immediately after that.
Binance will use the #SAFU fund to cover this incident in full. No user funds will be affected.
We must conduct a thorough security review. The security review will include all parts of our systems and data, which is large. We estimate this will take about ONE WEEK. We will post updates frequently as we progress.
Most importantly, deposits and withdrawals will need to REMAIN SUSPENDED during this period of time. We beg for your understanding in this difficult situation.

We will continue to enable trading, so that you may adjust your positions if you wish. Please also understand that the hackers may still control certain user accounts and may use those to influence prices in the meantime. We will monitor the situation closely. But we believe with withdrawals disabled, there isn’t much incentive for hackers to influence markets.
In this difficult time, we strive to maintain transparency and would be appreciative of your support.