Tech
Since the Black Thursday in March, Bitcoin Reserves have dropped

With the pandemic of coronavirus threatening the strongest of economies, the Bitcoin is also taking a massive hit. It is more about the uncertainty of the market that’s toppling everyone.
There are many withdrawals in the market. And since March 12, which is known as the black Thursday, Bitmex has seen a 36% withdrawal from its reserves.
Bitmex is not alone; Bitstamp customers have also withdrawn. The questionable state of the market is also not helping with the situation.
Before the Black Thursday, Bitmex was flourishing. However, its reserves had started dwindling since January. And according to itscryptonews.com, Bitmex had more than 306,000 bitcoin held in reserves, but now, after the exchange, it has only 228,000.
It shows that the Bitmex customers removed 36% of the BTC. Also, it means that the firm withdrew the Bitcoin it had in its possession and transferred the funds elsewhere.
Coinbase also has the same story. It had 1 billion BTC in reserves as of January 25. It had a stash of $8.57 billion, but now it has a reserve of $6.92 billion. Along with Coinbase, Huobi is also suffering. It has 9.38% of its BTC reserves removed from the exchange.
Bitfinex also lost its reserve in the last three months of this year. It has lost 29% of its reserve. Along with Bitfinex, Bitstamp Clients also withdrew 72%.
Earlier it held the sixth position, but now it holds the 11th place. Kraken’s Customers also withdrew its reserves. And its reserves have dropped 24% since January 25.
The current situation does not guarantee any improvement. It all depends on when the effects of the virus will wane. And then the market can start growing again.
Tech
The Importance of Cyber Hygiene: Tips from HelpRansomware Experts

Byline: Katreen David
In the digital age, the adage “an ounce of prevention is worth a pound of cure” has never been more relevant.
For Juan Ricardo Palacio and Andrea Baggio of HelpRansomware, the battle against digital threats is a daily reality. Founded in response to the growing menace of ransomware, HelpRansomware has made it its mission to recover data while educating the public on the importance of cyber hygiene.
“Preventing a cyberattack before it happens is crucial. We can safeguard digital assets more effectively by nipping the threat in the bud through vigilant monitoring and proactive measures,” says Baggio.
The Growing Threat of Cybercrime
Cyber threats have become increasingly pervasive and sophisticated, impacting businesses and individuals alike. According to research, there are an estimated 2,000 cyberattacks per day globally. This equates to over 800,000 cyber crimes annually. In line with this, the worldwide cost of cybercrime is projected to reach the $23 trillion mark by 2027.
This alarming figure highlights the critical need for robust cybersecurity practices. HelpRansomware has responded to this challenge by accentuating the importance of preventive measures. “Our goal is to create a safer digital environment where cyber hygiene is as natural as brushing your teeth,” says Palacio.
Cyber Clean: Maintaining Digital Hygiene
HelpRansomware advocates for a proactive outlook on cybersecurity. It offers practical tips for maintaining good cyber hygiene, such as regularly updating software, using strong and unique passwords, developing risk management plans, and educating employees about phishing scams.
“Cyber hygiene is about taking small, consistent actions to protect your digital assets,” explains Palacio. “When we practice good cyber hygiene, the chances of cyber attacks occurring shrink significantly.”
Businesses can significantly reduce cyberattack vulnerability by integrating these practices into daily routines.
HelpRansomware’s Role in Promoting Cyber Hygiene
Beyond recovery services, HelpRansomware is dedicated to raising awareness and providing education on cybersecurity best practices. It conducts workshops and seminars to help organizations understand the importance of cyber hygiene. This unique initiative mirrors the company’s sincere efforts toward shielding the world from the dark side of the web.
“Education is the first line of defense against cyber threats,” emphasizes Baggio. “Francis Bacon’s famous quote will always ring true in every industry: ‘Knowledge is power’.”
HelpRansomware’s efforts are power moves across the board that help businesses recover from attacks. Its checkmate move, however, is its vision to build a culture of prevention that can safeguard against future threats.
In an era where cyber threats lurk around every unlikely corner of the internet, the importance of cyber hygiene cannot be overstated. Through its innovative solutions and educational initiatives, HelpRansomware is leading the pack in promoting better cybersecurity practices. “We believe that a well-informed and vigilant community can defeat cybercrime,” concludes Baggio.
HelpRansomware’s proactive stance on cyber hygiene is setting new standards in the industry. Through education and preventive practices, Andrea Baggio and Juan Ricardo Palacio are fortifying the digital community, making sure that future cyber threats are met with informed and resilient defenses. Cleanliness matters in both the tangible and digital world.
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