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Weekly news review (July 27-2)

Weekly news review (July 27-2)
How have you been? I guess it's time to deep dive into last week's news.
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The Kazakhstan government has once again issued an advisory to all major local Internet Service Providers (ISPs) asking them to make it mandatory for all their customers to install government-issued root certificates on their devices in order to regain access to the Internet services. The root certificate in question, labeled as "trusted certificate" or "national security certificate," if installed, allows ISPs to intercept and monitor users' encrypted HTTPS and TLS connections, helping the government spy on its citizens and censor content. In other words, the government is essentially launching a "man in the middle" attack on every resident of the country.

Crypto derivatives platform FTX has perhaps the most speculative and oddly-named futures index fund on the market: SHIT-PERP, or the Shitcoin Index Perpetual Futures.
An index of 58 low market cap coins, SHIT-PERP includes projects like Waves, Grin, and Nano. It is flanked by two other low-cap indexes on the site, MID-PERP and ALT-PERP.
Regardless of the index’s name, FTX stands by its product which it launched in June. Speaking to CoinDesk, FTX Chief Marking Officer Darren Wong said the index allows traders and investors to interact with coins in an innovative way. Wong listed three examples:
If you want exposure to a particular initial coin offering, but not the general industry, you can short SHIT-PERP. By shorting the greater alt market, you hedge your bets and limit your downside.
If you want to short low market cap altcoins in general, you can use SHIT-PERP. The indexed future is one of few ways to short low cap alt markets.
If you think bitcoin’s dominance is too high, you can buy all three of FTX’s altcoin futures indexes and sell BTC-PERP, the platforms Bitcoin futures index.

The United States National Basketball Association (NBA) and its affiliated union — the National Basketball Players Association (NBPA) — have partnered with Dapper Labs of CryptoKitties-fame to release a new crypto collectibles game.
According to an official announcement on the NBPA website, the upcoming game is scheduled to launch in early 2020.
The game, called NBA Top Shot, will be a roster-building competitive game that is based on crypto collectibles. According to the announcement, fans will be able to gather live footage of NBA games that can then be used in some capacity to build a competing roster for the game — or to simply be owned and trade as a collectible, as the user chooses.

Fortaleza, a major city of northeast Brazil, will start accepting Bitcoin (BTC) as payment for bus tickets by the end of 2019.
A local transportation service announced an initiative to allow citizens to pay for bus tickets by credit and debit cards as well as Bitcoin and other cryptocurrencies. The initiative purportedly aims to reduce operational costs in the bus ticketing system, the report notes.
The entity, called Cooperative of Independent Transport of Passengers of the State of Ceará (Cootraps), said that passengers will be able to pay for their trips with Bitcoin through their smartphones by scanning a QR code, as first reported by Brazilian tabloid newspaper O Povo.

An iMessage vulnerability patched by Apple as part of the 12.4 iOS update allows potential attackers to read contents of files stored on iOS devices remotely with no user interaction, as user mobile with no sandbox.
The security flaw tracked as CVE-2019-8646 was discovered by Google Project Zero security researcher Natalie Silvanovich who reported it to Apple during May.
The proof of concept Silvanovich created works only on devices running iOS 12 or later and it is designed as "a simple example to demonstrate the reach-ability of the class in Springboard. The actual consequences of the bug are likely more serious."

Let us know what you think!
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