Australian Weather Bureau suffered from 2 Bitcoin scams

The Bureau of Meteorology of Australia has been affected by 2 occasions connected with Bitcoin this year
21 May 2018   1130

Two scandals related to the Australian weather bureau and cryptocurrency are being declared as coincidental. An advertising firm stays suspended by the Bureau of Meteorology after ads linking to a scam report about Bitcoin appeared on the site in January and February. 

The company's Melbourne offices were checked by federal police later in February because of the charges towards 2 specialists had been using the bureau's powerful computers to mine cryptocurrencies. BoM director Andrew Johnson explained at a Senate hearing on Monday there was "no connection whatsoever" between these 2  events.

The official claimed that the probe into data mining had been underway for a considerable time before the Australian Federal Police made the decision to act in February. But howewer he was not able to answer questions from Centre Alliance senator Stirling Griff about the progress of that research. Dr Johnson confirmed the advertising establishment responsible for the fraudulent ads in January and February stays blacklisted because of concerns about its ability to block activity.

The ads lead to a news report about Tesla boss Elon Musk on a fake CNN look-alike 
site which then connected users to scam Bitcoin sites. Dr Johnson declared it was a constant battle against those with harmful intent but the bureau used a four-stage review policy used to monitor ads from a second organisation. Ads on the site bring in over $4 million per year. 

Lightning Network Wallet by Breez to be Out For iOs

Solution is based on the lightweight client called Neutrino and it wallet supports Submarine Swaps technology
18 June 2019   202

The Breez payment platform introduced a non-custodial wallet for iPhone that supports the Lightning Network protocol.

The basis of the new product is a lightweight client Neutrino. It is also known that the wallet supports Submarine Swaps technology, which makes it possible to conduct transactions between online addresses and the Lightning Network.

The company's blog says that immediately after installation, the application automatically connects the channel to the so-called Breez hub connected to other Lightning nodes, which allows the user to conduct transactions with any participants in the second-level network. In addition, according to the founder of the company, Ron Scheinfeld, the possibility of a refund is provided in the event of challenging purchases.

In a Lightning economy, people trade money for goods and services. Intermediaries — banks, credit cards, online payment processors, and custodians of any kind — are obsolete. All that remains are the people, trading with each other anywhere, anytime, free to do what each of them thinks is best with their own money. Scale is no longer a concern. Transactions are virtually instantaneous and practically free. The people are free too. Finally.

Roy Sheinfeld
Co-Founder and CEO, Breez

The company also noted that within only two months after the release of the version for Android, Breez benefited from "hundreds of users." Currently, the wallet is in beta.

On the eve of the release of the iOS application, the startup managed to attract $ 500,000 from Recruit Strategic Partners and Fulgur Ventures. The funds will be used to develop an application for merchants, allowing them to accept Lightning-payments.