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Top 5 home cybersecurity systems to protect your data and digital assets

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As new smart devices provide a myriad of new attack vectors for bad actors to infiltrate your home, use these 5 systems to shield your private data and digital assets from unwanted attention.

Internet-powered devices are a prevalent feature in our everyday lives. These devices are not limited to smartphones, tablets and smart TVs, but now include an ever-growing number of appliances and gadgets on smart home networks. Some homes even utilize smart locks for their security. Yet, while these smart devices may have become essential components of our lives, they also present possible attack vectors that could allow cybercriminals and authorities to snoop into our private lives without permission.

Cyberattacks are a common occurrence both in business settings and residences. Unfortunately, the average consumer simply takes cybersecurity way too lightly, believing that staying vigilant and up to speed with the latest security threats are overkill as cybercriminals have “bigger fish to fry.” This is a flawed assumption- hackers don’t discriminate and do not limit themselves only to wealthy targets. They will always exploit vulnerable networks when the opportunity presents itself. 

Why Are Cybersecurity Systems Important?

Having a resilient cybersecurity system in place is crucial in safeguarding yourself from data theft, privacy invasion, and other cyber attacks. There are enough cases to prove that a network firewall is just as important as high fences and locked doors, such as the discovery of 33 vulnerabilities in millions of IoT devices and a casino being hacked via a fish-tank thermometer. Private information, such as personal data, financial account data, private keys, and other forms of intellectual property, ought to be protected not only physically but digitally as well. 

And, if you’re a cryptocurrency holder, cybersecurity becomes even more relevant given that once your rapidly appreciating funds have been stolen, they are almost certainly gone for good. In this article, we explore the top five cutting-edge cybersecurity systems to help you fortify your defenses and protect yourself from cybercriminals and other nefarious third parties.

Deeper Connect Mini

Deeper Connect Mini is a small but powerful plug-and-play device that provides multi-layered security for your network and the devices connected to it. What makes it truly unique is the fact that it is fully decentralized and therefore not at the behest of a centralized business entity that could potentially be compromised by either hackers or government bodies. 

The Mini, which broke Indiegogo crowdfunding records as the first blockchain project to raise over $1 million, is powered by a blockchain-based decentralized private network (DPN) that allows you to protect your home or office network from any potential cyber-security threat, specifically those in the realms of unauthorized surveillance and personal information theft. 

Deeper Connect Mini also protects all of your Internet-of-Things (IoT) devices with a 7-layer firewall that filters various types of malware you could be exposed to while you’re online. In addition, it also has a feature that automatically blocks ads and trackers, giving you full control over the information you are willing to share with marketers and advertisers.

What makes the DPN device truly stand out though is its solid security architecture as well as its incentive mechanism which offers users the ability to potentially earn digital asset rewards just by using it and sharing bandwidth. 

The Mini (and its sister products the Lite, Nano and Pico) is powered by the Deeper Network, a blockchain system that has deployed a decentralized public chain with a proof-of-credit (PoC) system. This serves as the backbone of Deeper Connect’s bandwidth-sharing model, where users can provide their idle bandwidth to other network participants who also utilize the DPN device. Through Deeper Connect Mini, users can share their computing resources as well as mine DPR tokens, which can be redeemed, staked, or used to participate in the overall development of the Deeper project.

Bitdefender BOX

Bitdefender BOX is another notable mention among the best network security devices as Bitdefender is a well-known brand in the cybersecurity industry, having provided anti-virus software for several years. The Bitdefender Box is a device that can easily link to your connection to provide security for all your IoT devices. In addition, it can save you from the expensive costs of monthly antivirus subscriptions because the tool also secures your devices from malware, hacks, and data theft.

Unlike most VPN services, Bitdefender BOX allows you to enjoy a virtually seamless internet surfing experience thanks to its ultra-fast connectivity and instant protection from incoming security threats.

The device can be purchased with the inclusion of a one-year subscription to Bitdefender and can be easily plugged into your network. The hardware itself features a Dual Core Cortex A9 processing unit that harnesses around 1.2 GHz of speed.

The latest test on the security provided by the device puts it on top of its competitors in the antivirus arena, such as Kaspersky, Symantec, and McAfee.

WatchGuard Firebox T15

WatchGuard Firebox T15 is also a VPN protection device that you could easily set up for your network at home or in the office. It has different versions that are fit for purpose depending on the number of users on your network, aiming to give you the security you need without compromising your whole browsing experience.

The Firebox T15 version is an ideal model for small and home offices, with a recommended user limit of five devices. Besides the hardware, the package also includes a software console that gives you better administrative capacity for your network, allowing you to remotely monitor your devices even when you’re not around.

Like other tools in this list, the WatchGuard VPN hardware can be up and running with only a few clicks, making it a user-friendly tool for anyone that needs security enhancements for their network. The device itself houses wireless connection support with optional dual-band features.

Netgate SG-100

Netgate SG-100 is a tough competitor in the network security space, offering a multi-functional toolset that provides exceptional protection for your devices without compromising on your internet speed. The SG-100 is also powered by a high-performing Dual-Core ARM Cortex-153 unit with a 1.2 GHz processor. Another bonus is it’s affordability compared to its competitors.

The device features a flexible network connection system with configurable network ports and is supported by its native software, which enables users to manage and administer network usage. Other third-party application options are also available; all of which are deployable and capable of serving multiple network security functions.

Trend Micro Home Network Security

Trend Micro Home Network Security is another prominent cybersecurity device. It’s manufactured by Trend Micro, which is one of the leading internet security providers today. The device automatically scans your whole network for any potential security threats, the same way antivirus software scans your computer, after being plugged into any router and activated.

The platform features software that gives you further network administration capabilities, which allows you to monitor your network security online. Additionally, you have the option to filter devices that connect to your network, disconnect existing ones, and set rules for network participants.

The Home Network Security device is best known for its data security and privacy tools, housing a network protection module that can fend off any potential hacker or malware that could pose threats to anyone using your network.

Conclusion

Most devices have their own built-in security features, but unfortunately, most of them cannot adapt to the evolving cybersecurity threats today, which is why it’s high time for dedicated cybersecurity systems to become a staple in both households and offices. 

Furthermore, buying a home cybersecurity system will likely turn out to be a worthwhile investment considering the pervasive role that technology already plays in our everyday lives. IoT devices already feature in many homes and offices and their popularity is only building, which would expose us to exponentially larger internet threats. 

By now, we should be seeing cybersecurity systems as a necessity, not a luxury, especially as the stakes are considerably raised if you own valuable cryptocurrencies. Thankfully, due to the efforts of a new generation of digital security hardware makers, our online future may remain in safe hands- namely, our own.

Disclaimer: CryptoSlate holds a financial position in Deeper Network. CryptoSlate was given the opportunity to participate in the private sale of Deeper Network in exchange for news, project analysis, and other types of coverage. CryptoSlate was not paid for this article.

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Source: https://cryptoslate.com/top-5-home-cybersecurity-systems-to-protect-your-data-and-digital-assets/

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How Archer Swap Has Helped End Ethereum’s Bidding War

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Most DeFi users have heard of Ethereum’s high congestion issues, but few are aware of the controlling forces operating behind the scenes, and how badly they can be impacted by this single problem. When traders send a regular transaction via the Ethereum network, it is susceptible to attacks from bots or front-running software run by entities seeking to profit from trader activity.

Ethereum’s ecosystem is perhaps amongst the fastest growing in the crypto space. Thus, there are already many solutions that tackle this issue and operate for the benefit of the users and decentralized exchange (DEX) traders. Most of them have gone under the radar.

Archer Swap is part of the Archer DAO, a project with features designed to mitigate the risks associated with sending transactions on Ethereum. It protects users from Miner Extractable Value (MEV) strategies, sandwich attacks, and front-running bots while maintaining a connection with Uniswap and SushiSwap, two of the most popular DEXs on Ethereum.

In this sense, Archer Swap can be described as a DEX extension that enhances the trader experience on these dApps. This protocol combines two powerful sets of features that give traders improved operations on Ethereum – protecting them and making trades more cost-efficient.

The first set of benefits are called Archer MEV Shield. Besides protecting transactions from bot attacks, it allows users to eliminate failed transaction fees, a recurring problem on Ethereum. Traders can also cancel transactions at no additional cost.

The second feature is called Archer Trader Extractable Value (TEV), a proprietary and innovative concept introduced by Archer Swap. Operating within the Archer Relay, Archer TEV uses automated rebalancing transactions with bots to sync market prices when big market moves occur.

After a trade or a big swap, there is usually an arbitrage opportunity in a market. Archer TEV uses these opportunities to capture the value and redistribute it to Archer Swap users. In essence, Archer TEV takes revenue generated by Archer Swap and gives it back to one of the protocol’s core components, the traders.

Archer Swap Launches Campaign To Reward Traders

Following a community vote, Archer DAO recently launched a 6-week campaign to buy back and distribute its native token ARCH. In this way, the protocol can reward early adopters. The tokens will be acquired with the revenue generated by Archer TEV.

The protocol won’t have to touch its treasury reserves to attract new users to the platform. The protocol and the users will benefit – as more users trade on Archer Swap, the campaign will have more resources to acquire and distribute ARCH. Therefore, the token will most likely see an increase in buying pressure during the coming weeks, and the platform will see a surge in the number of users.

Archer DAO will distribute rewards every Friday from June 11th to July 16th, 2021. The platform will calculate rewards for each user based on their transacted volume for each week. The rewards will be delivered automatically and with basically 0 risk for the users, all they need to do is trade.

Archer Swap has had famous trades. In May, during the high of the dog meme coins, the inventor of Ethereum, Vitalik Buterin, used Archer Swap to dump his supply of Shiba Inu (SHIB), AKITA, MIRI, ELON, and others into the market.

The dump served a good cause, as Vitalik used this money to send over $1 billion to different charity organizations. The most notable is the Covid-19 relief campaign for India started by Polygon’s co-founder, Sandeep Nailwal. This trade could be among the most famous in 2021 and was enabled by a protocol whose main objective is to shield its users and give them back the power to operate safely within the Ethereum dark forest.

Source: https://bitcoinist.com/how-archer-swap-has-helped-end-ethereums-bidding-war/?utm_source=rss&utm_medium=rss&utm_campaign=how-archer-swap-has-helped-end-ethereums-bidding-war

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Crypto Crash Trends On Twitter As Bitcoin Falls Below $30,000

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Twitter has gone into a frenzy after bitcoin fell below $30,000 this morning. The hashtag #cryptocrash is currently trending on the platform. This is after the coin broke the $30,000 stronghold and fell below it. A price that has been a stronghold for bitcoin for a while now. Speculations were that as long as the asset didn’t fall below $30,000, then there would be a recovery.

Related Reading | Galaxy Digital CEO: Bitcoin Dips Should Be Bought Despite BitMEX News

Bitcoin has been in a downtrend for a couple of days now. News of mining rigs closing down in China pushing the price even further down. Falling below $30,000 means bitcoin is about to erase its gains for 2021. The coin was trading at $29,001 n December 2020. Only breaking the $30,000 barrier in 2021. Now bitcoin is trading at only 3% gains for the year 2021.

Bear Market Trends

Richard Bernstein was on Trading Nation two weeks ago to talk about the trends in bitcoin. The CEO called bitcoin a bubble. He pointed out that bitcoin was currently in a bull market. Noting that people were leaving the markets that were actually in a bull market behind.

Chart showing bitcoin crash below $30,000

Bitcoin crashes below $30,000 before recovering back up to $32,000 | Source: BTCUSD on TradingView.com

Bitcoin has been struggling for the past two months. This was after the coin finally hit the all-time high of $64k in April. There was a lot of speculation that the coin was headed for $100k. But it seems the asset had other plans.

Analysts have compared this to the 2018 crash. When bitcoin hit a new ATH of nearly $20k and then proceeded to lose 80% of its value. At one point trading at a little over $3k.

There Is Still Hope For Bitcoin

Mike Novogratz was on CNBC earlier to talk about the price drop below $30,000. Novogratz said that while he was less happy than he was at $60,000, he still hopeful about the coin.

Novogratz further explained that calling a bottom on the crash is hard to do. This he attributed to the large liquidations currently taking place across a number of assets.

With regards to the $30,000 price level, Novogratz said, “We’ll see if it holds on the day. We might plunge below it for a while and close above it.”

Related Reading | Over 3 Metric Tons Of Bitcoin Mining Rigs Airlifted Out Of China

The co-founder of Galaxy Digital noted that he wasn’t worried about the price crash. Explaining that he does not expect another crash of the 2017 magnitude to occur again. This he chalked up to the maturity of the ecosystem. Pointing out that much more mature players are now moving into the system.

“Every single bank is working on their own crypto project, how they can get bitcoin to their wealthy clients. I think a lot of clients that didn’t buy it the first time will see this as an opportunity to buy it and get involved.

– Mike Novogratz, CEO of Galaxy Digital

Twitter users have taken to the platform to express their opinions on the current market movements. There are countless tweets asking people to not panic. That the market is going to recover. And right now, it is starting to look like they’re right as the market has gone back into the green. Bitcoin is currently back up to $32k, after a dramatic price drop below $30k.

Featured image from Forbes, chart from TradingView.com

Source: https://bitcoinist.com/crypto-crash-trends-on-twitter-as-bitcoin-falls-below-30000/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-crash-trends-on-twitter-as-bitcoin-falls-below-30000

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Asia Broadband Forays into Crypto with Gold-backed Token and Exchange

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Asset-backed tokens have long offered significant promise to transform the world of finance and investing. 24/7 trading, instant settlement, and fractionalization are just a few of the benefits offered when assets are recreated as cryptocurrencies on a blockchain. From the perspective of the cryptocurrency investor, tokens backed by real-world assets may also offer an opportunity to hedge a portfolio against some of crypto’s notorious volatility, which has once again been in evidence over recent weeks.

The traditional hedging instrument of choice, gold, is ripe for tokenization. Owning physical gold comes with issues such as storage and security, not to mention that it’s a relatively illiquid asset. Instruments such as ETFs may not offer the same direct exposure to gold prices. In contrast, gold-backed tokens are directly linked to gold prices and provide a fast and easy way to buy and sell gold, introducing new liquidity to the markets.

Over recent years, several firms have attempted to launch a version of tokenized gold; however, there has been an absence of operators from within the gold sector itself. Now, Asia Broadband, Inc. (OTC: AABB), a resource company focused on the production, supply, and sale of precious and base metals, has released its own gold-backed token.

For the 25-year-old US firm, it’s the first foray into the world of digital assets. And for the cryptocurrency space, it’s the first time an established player has emerged with a vertically integrated “Mine-to-Token” concept.

About Asia Broadband and AABBG

Asia Broadband was established in 1996, producing and supplying precious and base metals from Mexico to clients based in Asia. It’s now a US-listed company, delivering value to shareholders through its vertical integration approach to its value chain. In 2020, the company achieved an all-time high annual gross profit of $16.8 million, and over $100 million in assets for its first quarter of 2021.

The shift into cryptocurrency has come about thanks to the direction of the company’s president, CEO, COO, and Director, Chris Torres. Despite being a long-established business and finance leader, he has an aptitude for technology and possesses extensive knowledge of cryptocurrency investing. As a result, Asia Broadband has now released the AABB Gold (AABBG) token.

The company believes there’s a significant market for investors interested in owning cryptocurrencies as a digital store of value but who are likely to be put off by the inherent volatility in the crypto markets.

AABBG is backed by the gold mines owned and operated by Asia Broadband, along with $30 million in physical gold reserves. The company has made a public pledge to back 100% AABBG by gold reserves, supplied uniquely by its own mining operations, with third-party sources used only as a backup.

This vertically integrated “mine-to-token” concept is completely unique. Investors can benefit from knowing that they’re dealing with an established, US-listed firm and gain exposure to gold without any of the existing challenges.

Price and Demand

The minimum token price is pegged to the current spot price of gold, which means the token benefits from the lower volatility of gold relative to the cryptocurrency space, offering a sense of stability. Given fears of devalued fiat currencies, the bull case for gold remains intact, and AABBG could also rise as a function of increasing gold prices. As the price of gold fluctuates, the floor for AABBG tokens can change, but the potential upside price of the token will be driven by market demand.

It’s also worth noting that Asia Broadband’s experience and network in the gold sector also offer significant potential to drive demand. As the company has put extensive focus on the vertical integration of its own sales network in Asia, these global relationships provide the potential for cross-selling and deeper liquidity.

AABBG launched in March and, within two weeks, had sold $1 million worth of tokens. It’s now developing a proprietary exchange to allow AABBG holders to trade their tokens for various cryptocurrencies.

The entry of established professional firms to the asset-backed token sector could be just what it needs to get kick-started. With industry expertise, global networks in the business, and innovative business models, it’s evident that they’d have plenty to bring to the table.

Image by Daniel Dino-Slofer from Pixabay

Source: https://bitcoinist.com/asia-broadband-forays-into-crypto-with-gold-backed-token-and-exchange/?utm_source=rss&utm_medium=rss&utm_campaign=asia-broadband-forays-into-crypto-with-gold-backed-token-and-exchange

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