Make Money With XtendAdvert - Alternative Google AdSense

XtendAdvert Media is an online CPM/CPC advertising network and Url shortener service that matches advertisers with publishers to intrige customers and create leads.Become a publisher with XtendAdvert Media and get paid on CPM/CPC basis for displaying ads on your site.
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HMRC scraps VAT on virtual currency Bitcoin

The UK's tax authority has scrapped plans to charge value added tax (VAT) on Bitcoin trading.

In new guidance, HM Revenue & Customs also said it would not levy the 20% tax on the creation, or so-called 'mining', of the virtual currency.
The move comes just days after the collapse of leading Bitcoin exchange, MtGox, and with it the loss of almost $500m (£300m) in customer deposits.
HMRC said corporation and income taxes would still apply.
The global market for Bitcoins, a virtual currency created, or 'mined' through complicated computer algorithms, is worth about $7 billion (£4.2bn) at current market rates.
Countries and their tax authorities have been grappling with how to regulate it, with some seeing it as a route for tax evasion or money laundering.
Russia has declared transactions illegal, China has banned its banks from handling Bitcoin trades, and there have been calls for the US to do the same.
Currency rules Singapore has imposed a tax on Bitcoin trading and using it to pay for services, after classifying it as goods, rather than a currency.
However, HMRC's guidance issued on Monday, said VAT would not be levied, on the basis of EU rules that apply to currencies.
It said Bitcoin trading and other activities, like charges for verifying transactions, "are exempt because they fall within the definition of 'transactions, including negotiation, concerning deposit and current accounts, payments, transfers, debts, cheques and other negotiable instruments'".
Bitcoin traders and supporters had been calling for HMRC to scrap its VAT plans for the currency, arguing it would make their businesses globally uncompetitive, or even unviable.
But VAT will apply to suppliers of goods and services sold in exchange for Bitcoin, based on the sterling value of the virtual currency at the point of sale, HMRC said.
MtGox shutdown And the profits or losses of companies using Bitcoins, and on exchange movements between currencies, will be subject to corporation tax, the government agency added.

 Customers concerned about their Bitcoin holdings travelled to Japan

Last month leading Bitcoin exchange, Tokyo-based MtGox, filed for bankruptcy after losing an estimated 750,000 of its customers' Bitcoins.
It said there was a "high probability" the Bitcoins had been stolen.
The currency has been highly volatile since its inception, and particularly in the last year. The price of one Bitcoin stands at about $658, down from a peak of $1,242 in December.

Source  : BBC News

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MtGox bitcoin exchange files for bankruptcy

The MtGox bitcoin quarrel has filed for bankruptcy auspices, reports make known.

The application was made in Japan by lawyers acting upon behalf of the row and comes deserted days after MtGox went offline.

On Tuesday, the argument's boss said he was lively higher to deem a "final to our recent issues".

Before going offline, perplexing troubles meant it prevented customers transferring digital cash to supplement exchanges upon 7 February.

Details of the bankruptcy are scant but the application for auspices has been accepted by a district court in Tokyo, reported AFP. At the court hearing, the company said it had outstanding debts of just about 6.5bn yen (38m).

MtGox's lawyers are believed to have granted to apply to the court for sponsorship after US regulators filed a subpoena neighboring-door to the company.

Reports suggested the site shut with to after it discovered that an estimated 744,000 bitcoins - approximately $350m (210m) - had been stolen due to a loophole in its security.

MtGox's troubles have put pressure upon the price bitcoin owners can profit for their holdings. Currently one bitcoin is worth nearly $561 (334), a price far away lower than the high of $1,000 per coin it hit in November 2013.

Meanwhile, Vietnam has banned its banks from from handling the crypto-currency wise saying the virtual cash is not definite throb. The country's divulge bank said trading in bitcoins carried "potential risks" for users.

At the connected time, Japan's deputy finance minister said any regulation of bitcoin would have to alternating international cooperation to avoid set in motion taking place loopholes that traders could exploitation.

Source : BBC News

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Bitcoin value drops sharply after tech issues continue

Bitcoin's value has dropped sharply after one of the largest trading exchanges said there was a flaw in the virtual currency's underlying software.

MtGox said it had halted transfers to external Bitcoin addresses on Friday after detecting "unusual activity".
It said an investigation had revealed it was possible for thieves to fool the transaction process so that double the correct amount of bitcoins would be sent.
Bitcoins fell from $700 (£427) to $540.
The Tokyo-based firm said it was now working with the Bitcoin core development team to "mitigate this issue", which it said was not limited to its own Bitcoin-wallet system.
A Bitcoin wallet is the place where Bitcoin addresses - the virtual post-boxes where each bitcoin is stored - are kept.
It added that cash withdrawals and transfers of bitcoins to - rather than from - Bitcoin Wallets were unaffected.
MtGox said in a statement: "A bug in the bitcoin software makes it possible for someone to use the Bitcoin network to alter transaction details to make it seem like a sending of bitcoins to a Bitcoin wallet did not occur when in fact it did occur.
"Since the transaction appears as if it has not proceeded correctly, the bitcoins may be resent."

Gavin Andresen, chief scientist at the Bitcoin Foundation - which oversees and develops the Bitcoin software - denied the problem was its fault.

"The issues that MtGox has been experiencing are due to an unfortunate interaction between MtGox's highly customised wallet software, their customer support procedures, and an obscure (but long-known) quirk in the way transactions are identified and not due to a flaw in the Bitcoin protocol," he told the BBC.
Garrick Hileman, from the London School of Economics, who researches alternative currencies, said it was too early to tell how serious this was for Bitcoin users.
"It's a reason to be concerned, but it's a little early to say that there's something fundamentally flawed with Bitcoin software. Previous problems have been corrected," he said.
"It reflects the immaturity of the software. Bitcoin is still a technology in the process of being developed," he added.
In an apparent clampdown on the use of Bitcoin in Russia, the Russian prosecutor general's office said it was tightening up regulations surrounding the use of virtual currencies as they could be used for money laundering or financing terrorism.
It said that the rouble was the only official currency in Russia and introducing others was illegal.
"Systems for anonymous payments and cyber-currencies that have gained considerable circulation - including the most well-known, Bitcoin - are money substitutes and cannot be used by individuals or legal entities," it said in a statement to Reuters.
Improperly used The use of Bitcoin for alleged money laundering led to the arrests of two men in the US last week.
The Miami-Dade State Attorney Katherine Fernandez Rundle told Bloomberg in a statement that the "arrests may be the first state prosecutions involving the use of Bitcoins in money laundering operations."
"Bitcoins are neither good nor bad. Buying bitcoins allows money to be anonymously moved around the world with a click of a computer mouse. Improperly used, Bitcoins are often seen as a perfect means of laundering dirty money or for buying and selling illegal goods, such as drugs or stolen credit card information," she added.
Federal charges have already been brought against the operators of two exchanges for money laundering in the US.

Source : BBC News

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How Bitcoin works

Bitcoin is often referred to as a new kind of currency.
But it may be best to think of its units being virtual tokens rather than physical coins or notes.
However, like all currencies its value is determined by how much people are willing to exchange it for.
To process Bitcoin transactions, a procedure called "mining" must take place, which involves a computer solving a difficult mathematical problem with a 64-digit solution.
For each problem solved, one block of bitcoins is processed. In addition the miner is rewarded with new bitcoins.
This provides an incentive for people to provide computer processing power to solve the problems.
To compensate for the growing power of computer chips, the difficulty of the puzzles is adjusted to ensure a steady stream of about 3,600 new bitcoins a day.
There are currently about 11 million bitcoins in existence.
To receive a bitcoin a user must have a Bitcoin address - a string of 27-34 letters and numbers - which acts as a kind of virtual post-box to and from which the bitcoins are sent.
Since there is no registry of these addresses, people can use them to protect their anonymity when making a transaction.
These addresses are in turn stored in Bitcoin wallets which are used to manage savings.
They operate like privately run bank accounts - with the proviso that if the data is lost, so are the bitcoins owned.

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Oracle Buys Responsys For $1.5bn

Oracle has reached an agreement to acquire Responsys, a cloud marketing company, for $1.5bn (£945m) in cash, as Oracle continues to build up its cloud services portfolio.
The deal also continues a string of recent acquisitions involving marketing firms, including Salesforce.com’s purchase of ExactTarget earlier this year for $2.5bn, Adobe’s buyout of Neolane for $600m and Oracle’s own acquisition of Eloqua last year for $871m, as well as the purchase of Compendium in October. Microsoft has also been a player in this area, buying MarketingPilot in 2012.

Consolidation

Shares in cloud marketing firm Marketo, which went public earlier this year, rose 9 percent after the announcement of the Responsys deal on Friday as traders looked toward more consolidation in the sector. Potential buyers for Marketo could include NetSuite or SAP, according to a note to investors from FBR Capital Markets analyst Daniel Ives.
“Marketing automation is one of the hyper-growth areas within cloud,” Ives wrote, adding that “investors want Oracle to put more fuel in the growth engine”.
The Responsys deal has been approved by its board of directors, and is expected to close in the first half o 2014. It is, however, still subject to shareholder approval. Oracle’s offer of $27 per share is a premium of about 38 percent over Responsys’ Thursday closing price.
Oracle noted that with Responsys, which focuses on business-to-consumer marketing, and Eloqua, which specialises in business-to-business selling, the company is now in the rare position of being able to offer both types of marketing under one roof.
“The Oracle Marketing Cloud is now the only platform to unite enterprise-class leaders in these historically distinct marketing-automation fields,” said Oracle co-president Mark Hurd in a statement.

Cloud marketing

Responsys allows companies to run marketing campaigns across channels including email, the web and social media, as well as building customer profiles and tracking ad performance. Its customers include LinkedIn, Nordstrom, Southwest Airlines and United Healthcare.
Oracle said last week that bookings from selling cloud services had risen 25 percent in the company’s most recent quarter and wuold be one of the most important sources of growth in the coming year.

Source :  techweekerope

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Info From 40 Million Credit Cards Stolen From Target

For a store that’s logo is a giant bulls-eye, Target recently found itself in the crosshairs of  some credit card thieves. And, if you shopped at a physical Target location in the United States between November 27th and December 15th and used a credit or a debit card, your financial information may have been stolen as well. At the end of the day, Target fears that the information from up to 40 million debit and credit cards were stolen during that few week period. It doesn’t matter where in the United States you shopped as Target is seeing signs of fraud all over the country. This is definitely not the kind of publicity Target was looking for during the 2013 Christmas season.
This news is not something for shoppers to take lightly. If you are one of the approximately 40 million people who used their credit or debit card at Target between those dates, Target is encouraging you to keep a close on all of the activity with your card(s). If you see anything suspicious, you should definitely alert your financial institution immediately. They are also recommending that you look at your credit report every so often.

Just What Can The Thieves Do With Your Information?
According to Techland, the thieves can use the magnetic stripe information from your card to make fake cards which they can then use. If they were able to retrieve your PIN number from a debit transaction, they would also (in theory) be able to take out cash from ATM’s. What Target knows for sure the thieves obtained were the names, credit card numbers, expiration dates, and the CVV from the back of the cards.
What’s even more interesting with this large security breach is that it appears there was some tampering with Target’s credit card machines themselves. Obviously, Target has no idea how this happened and is investigating with help from the Secret Service.
Target has offered affected customers discounts and free credit monitoring. Was your account one of the 40 million that were stolen?

Source : Techland , TechBeat News

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Torrent Uploader Fined $652,000 For Uploading 1 Movie

In spite of the heat on torrent sites, as well as uploaders and downloaders, it seems that people are not really deterred from carrying on. Even The Pirate Bay, the world’s most resilient torrent site, continues to operate. Of course, we don’t know how much longer they can resist with pressure coming from all sides. Still, people who torrent do not seem all that concerned.
But, did you know that people actually get caught and are punished for torrenting?

Take this guy from Sweden. According to Torrent Freak:

A moderator and uploader of one of Sweden’s oldest but now defunct private torrent sites has been hit with a huge damages award. For uploading a single pre-release movie the 28-year-old is now required to pay $652,000, the equivalent amount the studio would have charged for a license to distribute the movie for free. For sharing more than 500 others he received a suspended jail sentence plus 160 hours community service.

It’s rather notable that the fine – more than half a million dollars – is only for ONE movie. For the other movies he had shared, his punishment is “merely” community service.
Now, if you’re thinking that you have not done anything of this sort for years, you probably should not sit back and relax just yet. The unlucky guy is facing the consequences of his actions many years back. He used to be a moderator and uploader from April 2008 and November 2011. Many years later, he has been dubbed “Sweden’s “worst ever” individual movie pirate”. And the law has caught up with him.
It does seem that this case is being highlighted as an example. There are obviously many other individuals who have done the same thing, whether on a smaller or larger scale, it doesn’t matter.
So what do you think of this? Does it make you wary about torrenting activities?

Source : TechBeat News
Image via appszoom

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Pony Botnet Steals 2 M Yahoo, Facebook, Google Passwords

According to researchers at Spiderlabs, criminals have scooped up more than 2 million passwords for sites such as Facebook, Yahoo and search engine giant Google, but it appears that the data was stolen via malware-infected machines rather than a direct hack of their systems.
Trustwave‘s SpiderLabs delved into source code from the Pony botnet and made some staggering discoveries.  The botnet managed to steal credentials for; 1.58 million websites, 320,000 email accounts, 41,000 FTP accounts, 3,000 remote desktops and 3,000 secure shell accounts.
Further research into the domains from which those passwords were stolen, Facebook was the most popular; it accounted 57 percent or 318,121. Yahoo came in second with approximately 60,000, followed by Google Accounts (54,437), Twitter (21,708) and Google.com (16,095). And professionals were also made unsecure, as also on the list was LinkedIn with 8,490 passwords stolen.

Worryingly, payroll provider ADP also had 7,978 passwords stolen, which Trustwave said was surprising.  “Facebook accounts are a nice catch for cyber criminals, but payroll services accounts could actually have direct financial repercussions,” the firm wrote in a blog post.
The Pony Botnet used a reverse proxy to avoid being detected and it continued the scam as long as possible.  Trustwave said, “Outgoing traffic from an infected machine only shows a connection to the proxy server, which is easily replaceable in case it is taken down…While this behaviour is interesting in-and-of itself, it does prevent us from learning more about the targeted countries in this attack, if there were any.”
Trustwave also didn’t have more details about how passwords were obtained but the data however revealed, that many people need to create better and more complex passwords. Almost 16,000 accounts used “123456″ as their passwords, and 2,212 used the word “password” and 1,991 used the word “admin.” Trustwave says overall, only 5 percent of the 2 million passwords are what they consider to be excellent (passwords that use all four character types and are longer than 8 characters).
With organised criminal activities on the rise and the use and misuse of social media such as Facebook and Twitter becoming so prevalent in today’s world, it does make good sense to use excellent passwords to secure your data, doesn’t it?

According to researchers, scammers have scooped up more than 2 million passwords for sites like Facebook, Google, and Yahoo, but it appears that the data was stolen via malware-infected machines rather than a hack of those companies' systems.
Trustwave's SpiderLabs dug into source code from the Pony botnet, which was recently made public, and made some startling discoveries. The botnet managed to steal credentials for: 1.58 million websites; 320,000 email accounts; 41,000 FTP accounts; 3,000 remote desktops; and 3,000 secure shell accounts.
Looking at the domains from which those passwords were stolen, Facebook was most popular, accounting for 318,121, or 57 percent. Yahoo came in second with about 60,000, followed by Google Accounts (54,437), Twitter (21,708), and Google.com (16,095). Also on the list was LinkedIn (8,490 passwords) and payroll provider ADP (7,978), which Trustwave said was surprising. "Facebook accounts are a nice catch for cyber criminals, but payroll services accounts could actually have direct financial repercussions," the firm wrote in a blog post.
The presence of Russian social networks vk.com and odnoklassniki.ru on the list, meanwhile, "probably indicates that a decent portion of the victims comprised were Russian speakers," Trustwave said.
The Pony Botnet used a reverse proxy to avoid detection and continue the scam as long as possible. "Outgoing traffic from an infected machine only shows a connection to the proxy server, which is easily replaceable in case it is taken down," Trustwave said. "While this behavior is interesting in-and-of itself, it does prevent us from learning more about the targeted countries in this attack, if there were any."
Trustwave also didn't have more details about how passwords were obtained; it's possible the malware logged keystrokes. The data did reveal, however, that many of you need to step up your password game. Almost 16,000 accounts used "123456" as their passwords, while 2,212 used "password" and 1,991 used "admin."
Overall, only 5 percent of the 2 million passwords are what Trustwave considers to be excellent - passwords that use all four character types and are longer than 8 characters. Another 17 percent are good, 44 percent are medium, 28 percent are bad, and 6 percent are terrible.

Source : TechBeat News, PCMag

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US agrees to pay $50m after 'piracy' of software

 

The US government has agreed to pay $50m (£31m) after it was said to have pirated "thousands" of copies of military software.

Apptricity, based in Texas, has provided logistics programs to the army since 2004.
The company said it had discovered last year the software had been installed on many more machines than had been licensed.
The Department of Justice has not commented on the settlement.
The Dallas Morning News reported a DoJ spokeswoman had confirmed the agreement, but would not give more details.
Apptricity's software allows the military to track the movements of soldiers as well as key supplies.
It has also been used during relief efforts, most notably in Haiti following the 2010 earthquake.
According to court documents filed in 2012, the deal with the military meant up to 500 named users could access the software.
Presentation revelation Apptricity later estimated that 9,000 users were accessing the program, in addition to the 500 that had been paid for.
The unauthorised copying only came to light after a US Army official mentioned "thousands" of devices running the software during a presentation on technology.
Apptricity called for $224m (£137m) to be paid to cover costs.
The settlement of $50m falls some way short - but in a statement the company said Apptricity would spend the sum on expanding the company.
"Apptricity is now incredibly energised to use the settlement resolution as a catalyst for aggressive investment in our team, our solutions and our untapped market opportunities," said Randy Lieberman, Apptricity's chief financial officer.
In recent years, the US government has stepped up efforts to combat piracy, announcing a wide-ranging strategy for clamping down in 2010.
"Piracy is theft, clean and simple," remarked vice-president Joe Biden at the time.

Source : BBC News

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Akamai to Acquire DDoS Security Firm Prolexic for $370M

Akamai Technologies on Monday announced it has agreed to buy Prolexic Technologies for about $370 million in cash to bolster its cyber-security offerings.
Hollywood, Fla.-based Prolexic offers cloud-based security solutions for protecting data centers and enterprise IP applications from distributed denial of service (DDoS) attacks, which leverage large numbers of compromised PCs to flood a website with traffic and knock it offline. Akamai said the acquisition will allow it to offer a complete portfolio of enterprise security solutions for defending against application, network, and data center attacks delivered over the Internet.
Akamai CEO Tom Leighton said that all companies on the Web today are facing an ever-evolving threat landscape, including attacks aimed at disrupting operations, defacing the brand, or attempting to steal sensitive data.
"By joining forces with Prolexic, we intend to combine Akamai's leading security and performance platform with Prolexic's highly regarded DDoS mitigation solutions for data center and enterprise applications protection," Leighton said. "We believe that Prolexic's solutions and team will help us achieve our goal of making the Internet fast, reliable, and secure."
Akamai said it offers solutions for defending websites and Web applications against even the largest and most sophisticated DDoS and application-layer attacks. The firm combines DDoS mitigation solutions with security operations expertise to protect data centers and enterprise IP applications.
"Today, business is defined by the availability, security and latency of Internet-facing applications, data and infrastructure," Prolexic CEO Scott Hammack said in a statement. "Being able to rely on one provider for Internet performance and security greatly simplifies resolution of network availability issues and offers clients clear lines of accountability. We believe that, together, we will be able to deliver an unprecedented level of network visibility and protection."
The transaction is subject to customary closing conditions, including regulatory approvals. It deal is expected to close in the first half of 2014.
Prolexic earlier this year reported that the first quarter of 2013 was a "landmark quarter" for DDoS attacks.

Source : PCMag

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Share & Short Your Link And Get Paid Part - I

Shorte.st is basically an URL shortening service that helps you to earn some money as well. Now it is time to find out why Shorte.st will pay you to post their links online on Facebook, twitter and other social sites. Why would they pay you just to share a few links with your online members or friends?

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