CYBER security leader NortonLifeLock has been letting users mine cryptocurrency for months as Bitcoin’s value climbs back after China’s ban was announced.

In June, a Norton Crypto feature was created to allow consumers “to easily and securely mine cryptocurrencies through its trusted Norton ™ 360 platform.”

“Norton Crypto offers consumers a safe and reliable way to mine Ethereum without opening themselves and their devices to these traps,” Norton said in a press release.

“Once the cryptocurrency is earned, customers can track and transfer the winnings to their Norton Crypto Wallet, which is stored in the cloud so that it cannot be lost due to hard drive failure.”

Bitcoin and other cryptocurrencies are now on the rise despite the fall after China’s central bank announced that all cryptocurrency trading is illegal in the country and that token mining is banned.

Bitcoin fell 5.5% and Ethereum plunged about 6% on Friday, according to Coinmarketcap.

But on Monday, the price of bitcoin has jumped nearly 5% since Sunday and Ethereum has jumped to 12%, Forbes reported.

Read our live cryptocurrency blog for the latest news and updates …

  • WHAT ARE THE MOST VALID PARTS?

    When it comes to crypto, the most valuable coins are Bitcoin and Ethereum.

    However, there are many alternatives or altcoins that are aimed at capitalizing on the value of crypto.

  • CRYPTOCURRENCY: VOLATILE PRICES AND DEMAND

    Myron Jobson, personal finance activist at Interactive Investor, recently told The Sun: “It is difficult to predict the price of an item that has an intrinsic value of zero.

    “All it takes is a tweet from leading individuals who have a significant influence on sentiment for cryptos to increase demand.”

    “But increased regulatory control over cryptos threatens to hamper the growth potential of the Shiba Inu.”

  • SOME PEOPLE DON’T BELIEVE SNOOP DOGG IS BEHIND CRYPTO TWITTER

    But not everyone believed it was actually Snoop behind the account.

    “It’s not the Snoop guys come on,” someone replied to CozomoMedici’s tweets.

    “I find it hard to accept that this account is Snoop Dogg”, someone else responded.

    “Like seriously, Snoop Dogg cut his livestream for a week (?)

  • IS SNOOP DOGG BEHIND THE TWITTER CRYPTO ACCOUNT?

    The rapper claimed he was behind the Cozomo Medici Twitter account, which shares information about the world of NFT, last Monday.

    The other account claimed the same day that it was going to “dox from my personal account” and reveal the identity of the user.

  • SNOOP DOGG ANNOUNCES IT’S BEHIND CRYPTO TWITTER

    Rapper Snoop Dogg has claimed he was behind the Cozomo Medici Twitter account.

    He shares an insight into the world of NFTs.

  • WHO FOUNDED ALCHEMY PAY?

    The cryptocurrency was co-founded by payments industry veterans Molly Zheng, Shawn Shi, and John Tan.

    Alchemy Pay trading started in September 2020.

    According to Alchemy Pay, it is the “first” crypto and fiat hybrid payment gateway in the world.

    With Alchemy Pay, users are allowed to receive payments in the local currency of their choice, regardless of how they are sent.

  • RISKS OF INVESTING IN CRYPTOS, PART V

    Finally, the truth in Promotional material is a risk in investing in cryptos.

    Businesses may overestimate product returns or underestimate the risks involved.

  • RISKS OF INVESTING IN CRYPTOS, PART FOUR

    Another investment risk are charges and fees.

    Consumers should take into account the impact of fees and charges on their investment, which may be higher than those of regulated investment products.

  • RISKS OF INVESTING IN CRYPTOS, PART THREE

    A third risk of investing in cryptocurrencies is product complexity.

    The complexity of some crypto-asset related products and services can prevent consumers from understanding the risks.

    There is no guarantee that cryptoassets can be converted back to cash. The conversion of a crypto-asset into cash depends on the existing demand and supply in the market.

  • RISKS OF INVESTING IN CRYPTOS, PART II

    Another investment risk is price volatility.

    The high volatility of crypto-asset prices, combined with the difficulties inherent in a reliable valuation of crypto-assets, puts consumers at high risk of loss.

  • RISKS OF INVESTING IN CRYPTOs

    We have rounded up five risks of investing in cryptocurrencies.

    The first is Consumer protection.

    Certain investments showing high returns based on crypto assets may not be subject to regulation beyond anti-money laundering requirements.

  • WILL THE CHAIN ​​LINK INCREASE TO $ 35?

    Crypto investor Justin Bennett sees Chainlink hitting $ 35.

    He told The Daily Hodl: “The $ 27.50 area may attract some sellers as it is the 50% retracement of the correction.”

    “That said, a daily close above $ 25 should tip the area into support.

    “If Chainlink can get past the $ 27.50 zone, there isn’t much to stop a $ 35 run.”

  • ETHEREUM DISCOUNT UP TO $ 3,000 ON SUNDAY

    Ethereum’s token, Ether, rebounded on Sunday after dropping dramatically earlier in the week.

    The ETH / USD exchange rate rose 3.63% to an intraday high of $ 3,030, reports Coin Telegraph.

    Ether had a bumpy ride over the week, mostly due to issues in China.

    The People’s Bank of China reiterated that crypto transactions are illegal on Friday, causing a ripple effect in cryptocurrency markets.

  • WHAT IS HASHGRAPH?

    Hashgraph is similar to a blockchain and was created in 2017 by American computer scientist Leemon Baird.

    The Hedera Hashgraph system is a distributed ledger built on top of Hashgraph. It was created by Baird with Mance Harmon.

    HBAR is the cryptocurrency of the Hedera Hashgraph.

  • WHERE DOES COINBASE REVENUES COME FROM?

    The majority of Coinbase’s revenue comes from Bitcoin and Ether on the Ethereum blockchain.

    They are currently the number one and number two cryptocurrency in the market, according to MarketWatch.

  • THE ‘MUSK’ EFFECT ON CRYPTO

    Elon Musk has once again been linked with activity in the crypto markets.

    Earlier this week, Telsa’s CEO tweeted about the arrival of his new Shiba Inu puppy, Floki.

    A few days later, the price of the Shiba Inu coin skyrocketed.

  • KRAKEN STAFFER TWEETS ON CRYPTO

    Dan Held, who is behind Growth for Kraken Exchange, which allows users to buy bitcoin and other cryptocurrencies, tweeted about the crypto on Monday.

    “I put my savings in Bitcoin because I have a risk aversion,” he wrote.

    “Not many people understand this.”

  • STOCK IN CRYPTO’S COMPANIES ALSO FUCK

    Shares of cryptocurrency-related companies Coinbase Global, MicroStrategy Inc, Riot Blockchain, and Marathon Patent Group fell after China’s central bank banned crypto trading and mining.

    “It’s been a very volatile week to say the least, so I think as we approach the last week of September the volatility is likely to continue, especially with the end-of-quarter build-up,” said Peter Cardillo. , chief market economist at Spartan Capital Securities in New York.

    Investors are also looking for signs of progress on President Joe Biden’s spending and bills.

  • CHINA PREVIOUSLY CLOSED TRADE IN CRYPTO, PART II

    While the creation and trading of crypto has been illegal in China since 2019, new crackdowns this year by Beijing have warned banks to suspend related transactions and shut down much of the country’s vast network of bitcoin miners.

    Thursday’s statement from the central bank sent the strongest signal yet that China is closed to crypto.

  • CHINA PREVIOUSLY CLOSED TRADE IN CRYPTO

    This isn’t Beijing’s first step against digital currency – in 2017, China shut down its local cryptocurrency exchanges.

    Despite the war on crypto, Chinese mines fuel nearly 80% of the global cryptocurrency trade.

  • DECLARATION BY CHINA, CONTINUED

    Bitcoin, the world’s largest digital currency, and other cryptos cannot be traced by a country’s central bank, making them difficult to regulate.

    The crackdown on crypto opens the doors for China to introduce its own digital currency, which it is already working on and will allow the central government to monitor transactions.

  • CHINA DECLARATION

    The PBOC said it would “resolutely crack down on virtual currency speculation, financial activities and inappropriate behavior in order to protect people’s property and maintain economic, financial and social order.”

    He said trading in virtual currencies has become “widespread, disrupting the economic and financial order, giving rise to money laundering, illegal fundraising, fraud, pyramid schemes and other activities. illegal and criminal ”.

  • CHINA MAKES CRYPTO TRADE ILLEGAL

    The central bank of China has announced that all cryptocurrency trading is illegal in the country and that token mining is prohibited.

    The People’s Bank of China (PBOC) said, “Virtual currency related business activities are illegal financial activities.

    The country previously banned financial institutions from offering crypto-related transactions and warned investors against speculative transactions.

  • WHO IS BEHIND ALGORAND?

    The Singapore-based Algorand Foundation is behind the project.

    Algorand claims it speeds up transactions and improves efficiency compared to bitcoin and other blockchains.

  • WHAT IS ALGORAND?

    Algorand is a cryptocurrency in the Algorand blockchain, a decentralized public network on which smart contracts can be built.

    It was created in 2019 by Silvio Micali, professor at the prestigious Massachusetts Institute of Technology (MIT).

    The computer scientist also won the Turing Prize for his work in the field of cryptography.

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