According to the research made by The Next Web, after the given months was over, some developers chose to disobey the regulation. Out of 8 mining-related apps located in Google Play: three were deleted, one was supposedly updated and is now compliant with all the rules.
Meanwhile, the other four applications are still operating on the service and there seem to be no changes whatsoever, you can still mine cryptocurrency using them.
Thirty people have filed complaints to Thailand’s Technology Crime Suppression Division stating that they were victims of crypto mining scam, they allegedly lost 42 million baht ($1.34 million). The police thinks that the amount of victims can be bigger.
According to the victims’ words, the leaders of the scam convinced them to invest money into CryptoMining.Farm, a blockchain-mining website. One anonymous victim said to the Bangkok Post that one of the leaders promised investor an impossibly high return – 70% a year.
The victims signed contracts when they entered the website, the documents said that a customer may withdraw money at any time he/she wanted without any additional condition. However, the situation has changed since August. The victim stated that:
“From August the owner began imposing conditions for withdrawing the money. Then at the start of this month, the site announced it would start paying back investors in 84 installments which would take over seven years to complete. The payments were supposed to be made in foreign currencies [which] is not permitted by Thai laws.”
After a preliminary investigation, the police is sure that not 30, but 140 people became victims of the scam. Moreover, it can be related to a big scandal which happened in August 2018, when a popular Thai actor and his siblings stole about 797 million baht ($25.5 million).
According to the Bangkok Post, the company has two official offices in Bangkok and Chiang Mai, which may make the victims think that the company’s operations are legal.
Thailand treats digital money with caution and tries to regulate it. The Thai Ministry of Finance even issued a document last year where all the country’s cryptocurrency activities were regulated, including the taxation of participants of crypto market.
Bitcoin is one of the most famous cryptocurrencies in the world. It is actually the first one, thus, no matter what might be, it has already gone down in history. Even though the cryptocurrency may not be that popular right now, due to various reason, some changes are already inevitable, hence, let us just check on trends which will become a part of everyday life in 2019.
1. Bitcoin ATMs
The number of Bitcoin ATMs is growing rapidly. It is a kiosk which allows a person to buy/sell Bitcoins in cash or by credit card. They actually look like an ordinary terminal, yet, it is connected not to bank account, but to Bitcoin exchange. The number of Bitcoin ATMs in the world accounts for 4292 at the time of writing.
Such ATMs will definitely encourage people to use cryptocurrency, since now it becomes more understandable for ordinary people. If people get accustomed to use Bitcoin ATMs, then crypto will see a bright future.
2. Central banks and Bitcoin
Some people do not want to get involved in crypto as it lacks regulation, including bank regulation. However, in 2019, one of Bitcoin trends may become partnership between central banks and cryptocurrency.
Several banks have already introduced systems how to work with crypto. Bank of America, for example, has officially patented a system for saving crypto actives for significant corporations. Moreover, this week, one of the biggest American banks, JPMorgan Chase & Co, has announced that it developed its own digital coin – JPM Coin.
Perhaps, such implementations will bring positive effect on the relationships between crypto and financial institutions.
3. Bitcoin in smartphones
Since the beginning of the third millennium, a cell phone has become an integral part of our everyday life. By using a smartphone we can do almost everything that is connected to our work, study, leisure, or hobby. Financial transactions, including crypto operations, are no exception.
On May, 2018, Huawei Technologies Corporation provided users of its smartphones with the opportunity to use Bitcoin wallet BTC.com. At the end of the past year, HTC company released the smartphone Exodus, powered by blockchain. A person can only purchase the phone with digital currencies.
It is too early to say whether these phones will be successful and useful or not, yet still it is very important that world is trying to meet the needs of everyone.
One of the biggest Internet companies in the world, Japan-based GMO Internet Inc., posted a report on its financial performance. An operating loss accounts for ¥1.3 billion (~$11.75 million) in 2018.
GMO’s mining business
According to the report, mining business fared very poorly in 2018 which resulted in great losses. The company explained that the business did not increase as expected due to the collapse of cryptocurrency market in Q4. The report provides the table where we can see the real revenue and real loss of the company. The data provided below does not include “extraordinary losses” of approximately $319.2 million.
Alongside, Internet giant announced that it would implement a policy change regarding to their mining business model. The company will sell its bitcoin mining assets at cheaper rates to compensate for a portion of its annual losses.
Moreover, GMO plans to relocate mining centers to the regions where power supply is cheaper. The centers allegedly will be somewhere in Northern Europe.
GMO’s Bitcoin exchange
According to the report, the company’s quarter-revenue has fallen by 66.7%, even though the company annually posts about its 7% profit from its crypto exchange GMOCoin.
In 2018, GMOCoin recorded a net sales of ¥4.02 billion (~$36.33 million). In Q1, crypto exchange has lost about ¥76 million, yet, high sales of next quarters compensated them. The fall of cryptocurrency market has also played a significant role in GMO’s revenues. Each phase ended on a lower note than a previous one in terms of sales, while the profits remained marginal.
One of hottest topic in Google Trends today is smartphone radiation. The report released by Bundesamt für Strahlenschutz, which is The German Federal Office for Radiation Protection, has disclosed the amount of radiation emitted by headline smartphones nowadays. As the topic brought up so many controversies, we just cannot omit it.
What is the most important feature when choosing smartphone?
At present time, people are tend to choose any item based on how it looks and how trendy it is. And smartphones are no different. The best features for most users are amazing camera and enough memory. Some websites give the guide how to choose better smartphones, where they rank the following features:
Design and build quality
As you can see no one tells you whether it will be safe to use it or not. Indeed, people are aware that smartphones as any other electronic devices emit radiation, yet, they do not pay much attention to it, though they should do.
Radiation effect on body
According to the United States Environmental Protection Agency, radiation has energy to affect the atoms in living cells and thereby damage their genetic material (DNA). The cells in the body are able to repair the damage, however, if the damage is not repaired correctly, a cell may die or eventually become cancerous.
Exposure to low levels of radiation (like smartphones other electronic devices) encountered in the environment does not cause immediate health effects, but is a minor contributor to our overall cancer risk.
The phones emitted the most radiation
The data is calculated in “watts per kilogram”, and lower scores mean lower radiation emission from the smartphone. The report shows that Xiaomi Mi A1, OnePlus 5T, and Xiaomi Mi Max 3 are the leaders of the rating, meaning that they emit the most radiation.
The fourth place is taken by OnePlus 6T, which did not go far away from its forerunner in terms of radiation, 1.55 and 1.58 correspondingly. HTC U12 life shuts down the top 5 with the result of 1.48 watts per kilogram.
Google Pixel 3 XL (1.39) did not fare much better, as well as his brother Google Pixel 3 (1.33). The owners of iPhone 7 and 8 should also start worrying about their health, as the results show 1.38 and 1.32 correspondingly. The newcomers like the iPhone XR (0.99), iPhone XS (0.99), iPhone XS Max (0.99) and the iPhone X (0.92) fare much better.
The phones emitted the least radiation
Samsung smartphones are doing best in the radiation chart. Eight phones released by this company emerged in the chart of the phones emitted the least radiation. The first in the rating is Samsung Galaxy Note8 unveiled on August 23, 2017.
The LG G7 ThinQ (0.24 watts per kilogram of radiation), the HTC U11 Life (0.28) and the Motorola Moto Z (0.30) have also done well in terms of limiting radiation emissions during device usage.
The Huawei Mate 20 Pro hits the charts with 0.4 watts per kilogram. At the same time, the Honor 8 Pro registers 1.28 watts per kilogram of radiation.
It should be noticed that the German Federal Office for Radiation Protection did not test Chinese phone companies Oppo and Vivo.
It is also important to note that the German environmental agency Blue Angel certifies smartphones with a watt per kilogram reading of 0.60 and lower.
Another week has passed, yet Bitcoin still shows quite plain dynamics on the graphics. In fact, its price has not changed significantly since January 10th. Bitcoin price is $3459 at the time of writing.
Since Bitcoin’s price has recently stabilized, many institutional players began changing their attitudes towards cryptocurrency, let us see what the representatives of global companies think.
The Global Market Strategist at JPMorgan, Nikolaos Panigirtzoglou, reckons that due to Bitcoin’s stagnation many big players will return to the industry. The volatility has “calmed down” and it means that investors can give Bitcoin second chance. He also said:
“The stability that we are seeing right now in the cryptocurrency market is setting the stage for more participation by institutional investors in the future. The cryptocurrency market was a new market. It went through a bubble phase [and] the burst.”
In his interview to CNBC, he stated that the cryptocurrency could not grow, because it was not regulated, but now the situation can differ.
Wall Street research firm, Fundstrat Global Advisors, is sure that the cryptocurrency may see new lows soon.
“The price structure for most cryptocurrencies remains weak and appears vulnerable to a pending breakdown to lower lows,” Robert Sluymer, the spokesman of Fundstrat, said.
In addition, Sluymer stated that the price can vary from $4200 to $3100 or ever lower. If it suddenly hits more than $4000, it would mark a 25% increase over today’s prevailing prices. However, Robert emphasized that the technical fundamentals of Bitcoin remain weak, so the price can have downward tendency to the price mark of $3100 or even lower – $2700. The representatives of Fundstrat have also suggested that 250 small-cap coins are at risk, as they all are vulnerable to market jumps.
There are some reasons why Bitcoin price may fall down:
Lunar New Year. During this period, Asian traders have relatively weak activity which may bring consequences to Bitcoin’s rate. The unofficial holidays will last till February 19.
Uncertainty with the US budget. The Congress and the President of the US cannot reach an agreement, this will have influence on financial markets.
Google Chrome has recently added some new features that may be quite interesting and useful for any user in the world. Ready to see them, then slide down and see the list of the latest novelties of Google Chrome.
Tired of bright colours of the browser? Then, just switch it to dark mode. According to the 9to5Google report, Google is testing out dark mode support in the latest developer builds of Canary Chrome. The novelty was first spied by Reddit and Twitter users who were rocking the Chrome 74 browser within the Canary channel. However, it is still unclear how Google will introduce dark mode.
From the pictures provided below, you can see that dark mode is respected on some systems, but on other, it does not. It means that Google must be still experimenting. The dark mode will roll out in April, according to the report.
Multimedia Keys and Auto Picture-in-Picture
Do you want to pause the song by pressing the button on your keyboard, then just do it! Google Chrome 73, the release of which will be in March 2019, is going to add the support of multimedia keys that some users have on their desk and laptop keyboards.
Many keyboards now have the play/pause, previous and next track functions on their buttons. Thus, from now on, if the person want to stop the song, he/she can just click the key on the keyboard, and the song will pause. It does not matter whether Chrome is in foreground or background.
Sometimes users want to watch videos and surf the net or write something in the Microsoft Word, but it is very inconvenient to move the video in foreground every time, that is why Google Chrome decided to implement Auto Picture-in-Picture. The user can freely switch back and forth between the web app and other applications or tabs, while the video will just follow him/her. The example is shown in the video below.
Support for multimedia keys and Auto Picture-in-Picture will be available for Chrome on Chrome OS, macOS, and Windows, while support for Linux will come later.
You are not satisfied with the speed of the Google Chrome on some sites? The browser is aware of it and now takes all the measures to become faster. “Never-Slow Mode” is currently being tested for Google’s Chrome that would theoretically make the browser much faster on resource-intensive websites. The change has been recently spotted in the Chromium repository, yet it is marked as a prototype for internal use only.
Never-Slow Mode actually blocks certain items from the main thread to make them lighter. The budget are set with such sizes:
This feature though does not cut down Chrome’s memory usage and make it lite, but still there is some hope for people who are waiting for Chrome Lite.