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Dubai currency, pirates on Google Play, Steve Wozniak and ICO

10/17/2018
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  • scam_cryptocurrency
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Pirates snuck into the Google Play store, Dubai is launching a state cryptocurrency. The founder of Apple joined the EQUI Global crypto project team.

Fake apps found on Google Play

Users of the Android OS need to carefully select the application for download. A number of fake mining programs have been discovered in the Google Play store. As it turned out, deceivers are not very versed in cryptocurrencies. This conclusion can be drawn from the fact that they offer to extract Ripple, which is simply impossible to obtain through mining.

Moreover, the application completely simulates the process, displays the hashrate and the number of allegedly mined coins. But when the user tries to withdraw funds, he receives a system error message. Scammers have written an application to spread advertising. However, this is not the most malicious software. Much more harm is caused by hidden mining programs.

More about scam attacs

Steve Wozniak supported blockchain startup

Apple co-founder Steve Wozniak has joined the EQUI Global team of UK developers. They create a platform that can fundamentally change the approach to venture investment. This is the first case in the last 20 years, when Steve supported a business project.

The total amount required for the implementation of EQUI Global is $ 75 million. At the first ICO, the founders were able to collect only 10% of the required capital, after which they decided to change its business structure. If earlier it was planned to conduct activities only in the territory of Britain, now they are going to launch a worldwide platform.

The reputation Wozniak has will help in the implementation of ambitious plans.

EmCash platform became the basis of the state coin

In Dubai, you can now pay for purchases with cryptocurrencies. EmCash coin was issued by the government of Saudi Arabia last year. Now it is connected to transfer systems of various payments. The authorities together with the company Pundi X are planning with its help to get rid of intermediaries in conducting financial transactions.

It is expected that 100,000 payment terminals and POS systems will be installed in the country and the world, which will minimize costs and make payments more comfortable. EmCash has already received recognition in the blockchain community, it is trading on the Binance exchange.

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