The Daily: UFC 232 to Have Official Crypto Partner, 5% of Israelis Use Bitcoin

The Each day

In at present’s version of The Each day we characteristic the most recent sports activities sponsorship by the cryptocurrency group. We additionally cowl tales about new statistics on bitcoin utilization in Israel, mining malware progress throughout 2018, and one other financial institution blockchain patent.

Additionally Learn: Investment Robo-Adviser Wealthfront Adds Support for Coinbase

UFC 232 to Have Official Cryptocurrency Accomplice

The Daily: UFC 232 to Have Official Crypto Partner, 5% of Israelis Use BitcoinThe Litecoin Basis has introduced that will probably be the Official Cryptocurrency Accomplice of UFC 232: Jones vs. Gustafsson 2, which is able to happen this Saturday, Dec. 29. The Final Preventing Championship occasion will characteristic a rematch between former UFC mild heavyweight champion Jon Jones and UFC mild heavyweight Alexander Gustafsson. The phrases of the sponsorship cowl the Litecoin brand being displayed on the Octagon’s canvas which the inspiration hopes can deliver new individuals to listen to about it for the primary time.

“There are a number of the explanation why we predict it is sensible for Litecoin to step into UFC’s world-famous Octagon now,” the group said. “During the last 25 years, UFC, the world’s premier blended martial arts group, has advanced from a tiny grassroots motion to a world phenomenon, largely primarily based on the extraordinarily passionate group it has cultivated alongside the best way. We see many parallels to Litecoin on this approach as our superb group has been instrumental in our progress and offering unwavering ardour and enthusiasm that continues to propel us ahead.”

The cryptocurrency group has a robust document of supporting such sports activities occasions. Again in Could for instance, the blended martial artist (MMA) Mei Yamaguchi was sponsored by Bitcoin.com as she confronted the Atomweight World Champion Angela Lee. Sprint has additionally beforehand supplied sponsorship for fighters.

5% of Israelis Report Investing in Bitcoin

The Daily: UFC 232 to Have Official Crypto Partner, 5% of Israelis Use BitcoinBezeq, one of many largest telecom corporations in Israel, launched its 2018 State of the Web Report on Wednesday. The report, primarily based on information from Bezeq’s personal system in addition to a survey of 1,300 individuals aged 13 and above, revealed a number of fascinating statistics about Israelis’ on-line habits through the yr.

The figures present that cryptocurrency adoption nonetheless has a protracted approach to go Israel, with solely 5 % of individuals within the nation having invested in or used BTC and digital cash. Furthermore, a complete of 44 % of Israelis say they both don’t know what Bitcoin is or simply don’t perceive the idea. In distinction, 42 % of individuals have reported utilizing the direct cash switch apps that the large banks in Israel having been pushing arduous during the last yr in an try to remain related within the digital age.

Crypto Mining Malware Boomed in 2018

The Daily: UFC 232 to Have Official Crypto Partner, 5% of Israelis Use BitcoinMcAfee, the cyber safety firm previously led by the infamous crypto influencer of the identical identify, has launched its newest Risk Report, highlighting notable cybercrime traits in Q3 of 2018. The report states that the “Cryptomining Growth Occasions Proceed,” with covertly mining cryptocurrency through malware one of many large tales of 2018. Whole situations of coin miner malware have grown greater than 4,000 % previously yr, regardless of the bear market. The report additionally reveals that malware miners have been put in through exploits in all the pieces for Macs to routers, media gamers and even very small IoT gadgets.

“Cryptominers will benefit from any dependable situation,” the researchers famous. “We might not often consider utilizing routers or IoT gadgets equivalent to IP cameras or video recorders as cryptominers as a result of their CPUs will not be as highly effective as these in desktop and laptop computer computer systems. Nonetheless, because of the lack of correct safety controls, cybercriminals can profit from quantity over CPU pace. If they’ll management hundreds of gadgets that mine for a very long time, they’ll nonetheless become profitable.”

The Daily: UFC 232 to Have Official Crypto Partner, 5% of Israelis Use Bitcoin

Financial institution of America’s Newest Blockchain Patent

The Daily: UFC 232 to Have Official Crypto Partner, 5% of Israelis Use BitcoinFinancial institution of America, who we reported on again in August as having filed a patent concerning the custody of cryptocurrencies, has utilized for an additional blockchain-related patent. Paperwork from the U.S. Patent and Logos Workplace made public on December 25 cowl the usage of the expertise for “banking techniques managed by information bearing information.”

The financial institution writes within the utility that, amongst different issues, blockchain expertise could also be utilized by automated teller machines to speed up transaction speeds or facilitate different forms of transactions along with ATM transactions equivalent to money withdrawals and deposits or present registry transactions. Moreover, ATMs could use blockchain expertise to trace transactions, thereby enabling a bigger quantity of transaction quantity whereas decreasing bodily money transportation wants.

What do you consider at present’s information tidbits? Share your ideas within the feedback part beneath.


Pictures courtesy of Shutterstock.


Confirm and observe bitcoin money transactions on our BCH Block Explorer, the most effective of its variety anyplace on the planet. Additionally, sustain along with your holdings, BCH and different cash, on our market charts at Satoshi’s Pulse, one other unique and free service from Bitcoin.com.



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