NiceHash reaffirms its commitment to miners after hacking attack

NiceHash reaffirms its commitment to miners after hacking attack

NiceHash has informed its customers of its commitment to serving them better following the recent attack it experienced few days ago where huge sums of bitcoin were stolen by cyber criminals.

In bid to restoring full operation NiceHash announced on its website, “Service coming back soon!”

Recall it initially announced to its customers and miners it will resume operation in 24 hours which was never actualized. It ended throwing miners using the service off balance. In other to restore confidence NiceHash has put up another public notice, it states; “Although we initially stopped the service for 24 hours. It turned out we require more time. Good news is that we are in the final stages of a rebuilding NiceHash into the most robust and secure marketplace for hashing power.”

It has also informed the public that it wants to start earning money again as soon as possible and it’s taking all necessary steps to re-establish its systems with the highest possible levels of security to contain and defeat any possible future attacks. Hmm! no matter how harden a system is, the bad guys will always find an exploit.

Consequently, the big time marketplace will be giving away bitcoin(BTC) rewards for the best information received concerning the attack by hackers.

Read AlsoHow to clear “More than one instance of Sumo is attempting to start on this page” Error

How to clear” More than one instance of Sumo is attempting to start on this page” Error

How to clear “More than one instance of Sumo is attempting to start on this page” Error

Sumo WordPress plugin is one of the greatest tool used for internet marketing.  It’s a suite of free tools that can be used to grow your website’s traffic.

The Sumo tools are easy to install and work on any website but if it is not well implement you could experience terrible output. In most cases on
your blog or website you could get a prompt of running multiple instances. This could be a very ugly situation and could drive visitors away from your blog or websites.

Here is what the error look like “More than one instance of Sumo is attempting to start on this page. Please check that you are only loading Sumo once per page.”

In trying to resolve this error on www.naijacircuit.com, I wrote to Sumo support team and TJ Reinhart, Senior Support Engineer gave me a guide on how to clear this horrible error. In following the instruction the error got cleared. Thanks to TJ.

In this short tutorial in case you don’t have a programming skill, you have nothing to worry about. This demonstration is specifically for a WordPress site and can be applied on any other content management systems.

So lets take a ride to solving the problem …
                                                                                                                                                      Step 1
Log into your WordPress admin panel

Step 2                                                                                                                                           Locate your installed plugins

Step 3
Open the Sumo Plugin

Step 4
Edit the Sumo Script and get rid of the duplicate script

{<script src=”//load.sumome.com/” data-sumo-site-id=”38353d00f86fb700aee0c40002108d00a3e82a009fd4880075d0d000b899b900″ async=”async”></script>}

You would notice it’s scripted twice and that’s the reason for running more than one instance of Sumo. Before deleting any line of code, first of
all do a backup by coping the entire code and saving it on a notepad.

Next, calmly delete one of the duplicated instance inside the script tag (<script …>… </script>). After that is done immediately save the edited script.

Quickly head on to your blog or website. The moment it opens do a refresh to confirm the error has been cleared. Congratulation for achieving a milestone.

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Bitcoin as a digital currency is not quite there yet – Jerry Yang

Bitcoin as a digital currency is not quite there yet – Jerry Yang

Yahoo co-founder Jerry Yang ,who now heads AME Cloud Ventures believes digital currencies will play a significant role in the future of the society as opposed by some financial analysts.

According to Yang “… There is high volatility probably similar to that of the early days Internet.”

In an interview with CNBC on Thursday Yang said “Bitcoin as a digital currency is not quite there yet, people are not using it to transact, people are using it as an investment asset …” His statement now reveals that bitcoin is becoming a strong force to recon with anytime soon.

Personally, I am a believer in how digital currency can play a role in our society especially in, not only the front end of doing transactions but also in the back-end of creating a much more efficient system and a much more verifiable system. But for now, it seems like it’s more driven by the hype of investing sought of getting a return rather than using it as a transaction currency.

However some quarters believe it is safer to trade gold than trade bitcoin while many believe there are strong forces fighting against the use of digital currencies.

Read AlsoNiceHash loses huge sums of bitcoin to hackers

 

 

 

NiceHash loses huge sums of bitcoin to hackers

NiceHash loses huge sums of bitcoin to hackers

NiceHash, a marketplace that people sell hashing power and get paid in BitCoin (BTC), or buy hashing power to purchase cryptocurrency with BTC has confirmed it recent attack by hackers.

This was made public on their website informing customers of a security breach, as a result there is a stoppage in all operations for the next 24 hours.

Read excerpt of the public notice ;

“… Importantly, our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken…”

“… Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days. In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency…”

Meanwhile NiceHash has used the medium to recommend, as a precautionary measure to its customers to change their online passwords.

At the time of filing this report, a full scope of what happened is yet unknown as bitcoin marketplaces are under attacks on daily basis.

Consequently, traders and investors in marketplaces should have themselves to blame if this security measure is not taken seriously.

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Google Chrome browser ready to block sites redirecting users to other sites

Google Chrome browser ready to block sites redirecting users to other sites

Google chrome browser will block sites that redirects you to another uniform resource locator (url) in early next year.

In defending the reason for the redirection, Google says it found that the redirect often comes from third-party content embedded in the page, and the page author didn’t intend the redirect to happen at all.

To address this issue, according to a post by Ryan Schoen, Product Manager says “in Chrome 64 all redirects originating from third-party iframes will show an infobar instead of redirecting, unless the user had been interacting with that frame. This will keep the user on the page they were reading, and prevent those surprising redirects.”

It also accepted that one example that causes user frustration is when clicking a link, it opens the desired destination in a new tab,while the main window navigates to a different, unwanted page. In curbing this problem Chrome 65 will be introduced to handle it.

Google Chrome is a freeware web browser developed by Google. It was first released in September 2008, for Microsoft Windows, and was later ported to Linux, macOS, iOS and Android. It’s the most used browser on the internet with Apple Safari contending closely.

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Six ways to protect your bitcoin and ethereum investments from hackers

Six ways to protect your bitcoin and ethereum investments from hackers

Bitcoin, ethereum and other cryptocurrencies are very big investments in today’s world. This is the reason so many hackers take delight in sniffing and hacking networks to steal vital information from cryptocurrency wallets.

Here are the six ways you can protect your bitcoin, ethereum and other cyptocurrency investments from hackers.

1. Set up a unique email to sign up for cryptocurrency exchanges. Assign a difficult password, not simple passwords like dictionary words. If possible add special characters like {$, @, #,%, ^,*}. Write it on a piece of paper where no one can see.

2. Put maximum protection on cell phone account. In other words always password your mobile handheld devices to prevent access from intruders to vital information.

3. Do not use text messages on two-factor authenticator. Always use software authenticator like Google Authenticator. I had an ugly experience where my cryptocurrency on Minergate wallet was stolen by a guy traced to as far as Japan. His operation was successful because the 2-factor authentcation was not implemented in my wallet. I only discovered it after the damage was already done. This could also be phrased as “medicine after death”.  Please if you have a wallet without a 2-fator authentication, you stand the risk of loosing all your bitcoin, ethereum and other cryptocurrencies.

4. Diversify by buying cryptocurrencies across multiple exchanges; spread them out using different services. In clear terminology, “don’t cast all your eggs in one basket”. 

5. Keep your cryptocurrency offline. This is usually the best practice if you must stay away from hackers. Consider using a hardware wallet. I would recommend MyEtherWallet for those investing in ethereum.

6. If you are trading tokens on Ethereum, look into decentralized exchange. What is decentralized exchange? A decentralized exchange is an exchange market that does not rely on a third party service to hold the customer’s funds. Instead, trades occur directly between users (peer to peer) through an automated process. The trust-less nature of a decentralized exchange makes it very unique such that you don’t have to depend on a third party for security or honesty of the exchange since the funds are held by you in your personal wallet.

Bonus: Keep your email accounts very secure, in other words, harden your email security. Consequently, if hackers break into your email account they could steal vital information that may cost fortune.

Caution: Always be security conscious.

Read AlsoFacebook releases figures of illegitimate user accounts on its network

Facebook releases figures of illegitimate user accounts on its network

Facebook releases figures of illegitimate user accounts on its network

Facebook has released information concerning fake and duplicates user accounts on its network.

According to Facebook, around 2-3 percent of its 2.1bn monthly users in the third quarter of 2017 were “user-misclassified and undesirable accounts”. This is contrary to 1 percent it had estimated in July.

The company now estimates that roughly 10 percent of users account on Facebook are duplicates and about 3 percent are fake.

Just a little bit of analysis, if 10 percent accrues to about 270,000,000 users on the Facebook network, this suggests that in total, up to 13 percent of its 2.1bn monthly users – almost 270m accounts – are illegitimate.

The company made the revelation in the small print of its earnings presentation, during which it unveiled a 79 percent increase in quarterly profits to $4.7bn (£3.6bn).

But my question is, what stops Facebook database administrators from purging or deleting these illegitimate accounts? I guess it’s something to worry about.

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Fear of the unknown from the “Great Wall of China”

Fear of the unknown from the “Great Wall of China”

Facebook, YouTube and Google the three most popular websites cannot be accessed in China due to internet firewall nicknamed “The Great Wall of China”. In China an army of government workers blocked and filtered the internet in the world’s biggest censorship operation ever recorded in the history of internet security.

China’s 731 million internet users now have restrictions over politically sensitive events. During a communist party congress in October, China closed out its online crack-down, blocking america’s messaging service ‘WhatApp’ and clamping down on virtual private networks VPNs commonly used to get around the great firewall. At one stage even “Winnie the Pooh” was banned after bloggers used cartoon character to depict Chinese President Xi Jinping and the word “Toad” was forbidden on ‘Weibo’ a Chinese micro-blogging platform where a giant inflatable yellow Toad in Beijing was compared to former president Jiang Zemin.

According to newsmen at least 50,000 people are employed as censors, filtering out keywords and blocking websites disapproved by the Chinese government. There is also an Army of social media influencers who by one estimate post 480 million pro-government comments a year. Chinese government was left with no choice than to order Tech and Telecoms companies to enforce firewall rules or face severe punishment.

Statistically, China is one of the worst abuses of internet freedom according to “Freedom House” an independent watchdog organization that supports the expansion of freedom around the world. The aim of the censorship is to keep China’s web free of foreign influence while president Xi Jinping calls it “cyber-sovereignty“.

On the contrary, most countries regulate the internet to some extent like banning websites that promotes hates. With more than half of its 1.4 billion population online, China argues that it wants to protect social order and national security. What a rash decision from the government!

Chinese critics argues “The Great Firewall of China” reflects its distrust over the internet’s potential to spread opposition to one-party rule that limits free speech, stifling innovation and prevents the spread of important ideas. If other countries follows China’s example, the reason for internet as an unrestricted global exchange of information will be in jeopardy.

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How to fix “Blue Screen of Death” on Windows Operating System

How to fix “Blue Screen of Death” on Windows Operating System

People often experience blue screen of death due to so many reasons like malfunctioned hardware, bad boot sector or shutting down a computer abruptly.

One of these three which could be provocative is shutting down a computer or laptop abruptly while windows update is on-going. Recently a colleague of mine was about to leave the office at the close of work while windows update was on-going. Due to lack of patience, she turned off the computer without following computer shutdown procedure. To her greatest dismay she came to work the next day and tried booting her computer. What she saw was a “blue screen of death” meaning her operating system had crashed. In a bid to solving her problem all option proved abortive.

This should sound as a note of warning to any computer user using windows operating system; Never turn off your computer when windows update is on-going. You may not be able to accomplish the repair process.

Here are the steps on how to fix the blue screen of death:

Step 1
Turn on the Computer device, If it’s HP computer, press down the Function Key F8 and hold till it shows up the window below “Advanced Boot Options“;  

Step 2
Use the down arrow key or up arrow key to highlight Repair, then hit ‘Enter‘ key to select ‘Repair‘. Wait for windows to finish loading files. Hit the next command button on “System Recovery Options” dialog as displayed on the screenshot below.     

 

 

 

 

 

 

 

 

 

 

 

Step 3

Select “Startup Repair” to start the repair process as displayed below;

                                         

 

Step 4

Allow the operating system to repair itself. The moment the process is complete, click on the ‘Finish’ command button for the computer to reboot itself. After these steps, the operating system shows up the normal windows login screen. This means that you are good to go as the “Blue Screen of Death” is eliminated.

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Five most common mistakes people make in bitcoin investment

Five most common mistakes people make in bitcoin investment

People most often make big mistakes when it has to do with bitcoin investment. Thoughts outlined below concerning five most common mistakes people make in bitcoin investment are based on personal life experience.

1. Indecisive to buy:

Many of us that invest in bitcoin most times find it difficult to make decisions. It could be, the contract is not profitable or the miner has not advertised a good deal. From my personal experience it is always good when you mine with a company that is very reliable. When ever a contract is show cased always take the advantage of purchasing the contract at that instance else it may roll away.

2. Not buying enough:

If you don’t buy enough you don’t get quick return on investment ROI even though it may be very risky. When a contract for mining is show cased always buy enough to get a quick return on investment ROI.

3. Selling after small profit:

Whenever you sell bitcoin from small profit, you will end-up profiting very little but when the profit is large, you will earn huge profit. So it is better you wait to sell when you make huge profit.

4. Selling during panic crash:

Whenever there is panic on the crash of bitcoin, the value drops as traders sell bitcoin making huge losses. It’s advisable you don’t sell all you have during panic crash of bitcoin. Sell whenever you desire to sell even though it could be of high risk. Always learn to take the risk.

5. Not buying a contract when flagged up:

A lot people fail to buy contracts when flagged off which is caused by non-availability of funds. It is recommended you borrow money or bitcoin in order to buy a contract or upgrade a contract when it’s flagged up. It may roll away if you don’t act fast.

Always note that bitcoin investment is highly profitable if you learn to avoid these five common mistakes people make.

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