Bitcoin investors could lose everything according to UK regulator

Considering the present times, it’s only normal to wonder if crypto-currency is still relevant. What is sure is that this payment system enjoys a great deal of success in nations like the UK. Speaking of the UK, it’s not a stranger to crypto currency. As a matter of fact, there is no other place that bitcoin receives more support. Why? Maybe because bitcoin helped improve the British financial system. If you’re interested in investing in bitcoin, you might want to stop for a moment and carefully consider your decision. You could risk losing all your money.

The Financial Conduct Authority, namely the regulatory body in the UK, warns those who want to take part in coin offerings involving crypto currencies that doing so is foolish and at the same time risky. The FCA voiced their concerns, making tremendous efforts to inform people that using this kind of crypto-currency is not a secure thing. On the contrary, investors are exposing themselves to liability, possibly losing important sums of money. According to the FCA, investors looking forward to investing in unregulated means so as to raise money for a new crypto-currency venture could possibly experiment losses, ending up the victims of frauds.

Price fluctuations in digital currency are not out of the ordinary. The highest price that people were willing to pay for bitcoin at a given time was $4,000. The digital currency is popular in the US as it is in China. So, as we all understand – trading is like gambling. For those, who want to not just spend time with boring numbers and diagrams, we can recommend online casino type of pastime, but if you are not sure what to choose, then use Valley Games reviews and go for it. At least, it’s gonna be fun!

This considerable growth in the crypto-currency markets is what determined the Financial Conduct Authority to look into the matter. What they have found is indeed worrying. It seems that initial coin offerings are nothing but a scam and it can’t be considered the future of fundraising. What people need to comprehend is that crypto-currencies aren’t regulated financial tools, the consequence being that they don’t have guaranteed protection.

It’s tempting to think about all this as some kind of negative reaction coming from big institutions. The fact that bitcoin endangers the UK economy isn’t a secret anymore. While this financial instrument may have done good in the past, being, after all, decentralised. The good news is that the current limitations and the high transaction costs will prevent this from happening. As for financial institutions, they are right to be concerned because they aren’t able to handle radical financial changes.

So, will investors lose everything? Only time will tell. The only thing that can be said for sure right now is that they are taking on great risks due to the fact that in coin offerings are a mere speculation. The best course of action is to heed the warnings of the FCA.  After all, they know what they are talking about. The Financial Conduct Authority will continue to observe the situation carefully on order to make sure that nothing bad happens.

The bottom line is that crypto-currency matters; it matters more than ever, whether it’s the UK, US, or China. If you genuinely want to become a player in the digital currency market, arm yourself with knowledge first.

Ultrasound Cleaning Applications

Did you know that if you combine water with soap at a high frequency you would obtain a very effective cleaning product? Well, on the market there are some products called hypersonic cleaning units that are even more effective than this. These devices are used by professionals as doctors, engineers, gunsmiths and jewelers, because they have to clean thin and fragile items. These cleaning units are quite effective when it comes to this, and this is why professionals from multiple industries use them. However, what is amazing about these devices is that they do not damage the items but they effectively clean them. Health specialists clean their equipment and tools with silent-sound units. Here are some of the cases when cleaning devices can be used.

Ultrasound cleaners are used in factories

Engineers need to remove the dirt many things, even if few people could believe this. During their work, they see multiple greasy items and they need to wash and clean them, in order for them to properly work. In this situation, a great solution to clean the parts is to use a device as the Ultrasonic Cleaner by Hilsonic, because it is a reliable tool. And the greatest benefit this type of unit brings is that the users do not have to spend time to do any work. The results are excellent when compared with any other way of cleaning, and this is why more and more companies use it. However, this product is not only effective, it is also very fast, and this helps companies maintain their effectiveness. It does not take more than 10 minutes to remove the dirt from the parts, because the cleaning units use high frequency rates and cleaning substances that agitate the liquid obtained. The liquid is able to reach all the parts of the item.

Watchmakers and jewelers use silent-sound cleaners

In the majority of cases, people refer to ultrasound cleaning as to cold boiling. One reasons of this name is the combination of the bubbles and the sound waves that are created to remove the dirt. Because it is used with cold water, it can produce shock waves. Watchmakers and jewelers benefit of the shock waves, because they are effective in cleaning delicate fragile accessories and watches. Some of the hypersonic cleaners available in online stores generate up to 40,000 ultrasonic waves per second.

Clean bicycles and guns

If you take a look at the bike chain you will notice that it tends to get a lot of dirt on it. You take you bike on roads many hours so you should expect dirt to get on the chains. This is one of the reasons many people use ultrasonic cleaners to clean the bike chains. The liquid has the power to get to areas people hands are not able to reach. In addition, gun owners can take advantage of these cleaners, because there is no other better option to clean the carbon and dirt accumulated in time.

Is PPTP trustable

Point to Point Tunneling Protocol also known as PPTP is VPN implementation method that is no longer implemented. There are many reasons for this and the main one is the security flaws that were detected over time. This leads us to ask question that whether PPTP is secure? The answer is simply no. With the development of new and more advanced technologies in VPN field PPTP is obsolete. Today cyber security is directly related to VPN and both are incomplete without each other. However when developed it was considered to be the securest protocol of its time. Some protocols that are used to make up PPTP are as follows:

  • MS-CHAP V1
  • MPPE or Microsoft Point to Point Encryption
  • RC4
  • DES keys

On the special websites with reviews and guides like those articles about best VPN services on Anta.net there is info on different kind of protocols and difference between them.

Development and implementation

VPN is not a new phenomenon at all. It has remained in one form or another and development is done to take it to the next level. It was Windows 95 and NT where PPTP was encrypted by Microsoft. However it was not until 1998 that the vulnerabilities in PPTP were discovered. In November same year during the ACM conference it was revealed that PPTP is not secure anymore. At this conference Bruce Schneier demonstrated how CHAP and MPPE that is an RC4 encryption protocol may be broken.

It is all about security not communication

Cyber security is a hot topic and it has remained so in the past years. When it comes to PPTP the fact is that people completely forget about communication and all they want is their privacy secured. It was in 2012 that live demonstration of decryption of PPTP was once again done. It was shown that tools available to anyone can be used to destroy PPTP completely. One of the major issues with this protocol was that once issues caused were never fixed and therefore the vulnerabilities exposed remain as they are.

Vulnerabilities with PPTP

There are many issues and flaws with PPTP and the main ones are listed as under:

  • MS-CHAP V1 is used as the base protocol of PPTP. Common and most importantly free tools can be used to obtain the desired information from an exchange and implement it to hack into the network.
  • Dictionary attacks can be performed on the network by processing the information packets captured. The tools that are required to perform the actions are largely available and are becoming fatal.
  • Bit flipping is another attack that can be performed with ease. It can be regarded as the deadliest attack. The information flowing through the stream can be manipulated as required. The worst part is that attacker can never be identified at all.

 

There are many new VPN technologies that can be used to get the work done. PPTP should be dumped as it is vulnerable can bring in serious dangers. From authentication to implementation this protocol is no worth it and therefore it should be disregarded. SSTP, open VPN and L2TP/IPSec are the other forms of VPN that should be used and they get the best results overall. These VPN terminologies are also regarded as safe and secure.

 

New Claiming Compensation Rules Explained

It is oftentimes believed that no win no fee rules, subjected to a range of changes, offer a more rigid policy as for personal injury compensation. Unfortunately, the changes may seem really tough to comprehend, and a simple and brief explanation is something that people are typically looking for. Therefore, the article aims at providing guidance on how the new legislation is functioning.

In the past, an injury, suffered by an individual through the fault of his/her own., e.g. in a public place, enabled the injured party to claim for a full compensation in accordance with a No-Win No-Fee procedure. Therefore, the legislature implied paying an extra fee to a solicitor in case the claim was a success. Thus, a success must have been paid to a solicitor by the insurance company; while an injured party received the compensation to the full.

However, the Government has introduced a series of changes and the 100% compensation good times sank into oblivion. It was decided to limit a success fee and make it a part of the compensation paid by insurance enterprises. The changes provoked a reduction in the number of solicitor offers, caused by unwillingness to pick up the cases due to the potential risk of losing the total amount of the reward through various legal costs. Even taking into account the fact that a solicitor’s success fee may equal up to 25%, taking up the case is still a risky affair.

This way or the other, no win no fee in a modified form exits till nowadays: go to Solicitors Guru to find a solicitor, comprehensive database of legal firms and enterprises, and filter the results by ‘no win no fee’ and you’ll see the option is still there. At the website you will also find a lot of useful info on the matter of no win no fee funding arrangements.

In its turn the Government motivates its action by a permanently increasing number of bogus accident claims, and taking into consideration their nature pursuing a claim was as easy as ABC. As a result, the move will provide insurance businesses with a windfall, as these establishments have their premiums collected and calculated already.