Plutus Weekly Report — September 25th 2018

Plutus
Plutus
Published in
4 min readSep 25, 2018

Another installment of our Weekly Report is here.

Today, we would like to extend a warm welcome to all the new members pouring into both our Telegram, and mainly our app: Plutus Tap & Pay for Android/iOS

Trading between BTC / ETH and Euro is picking up, and you can already sell your crypto for fiat on the Plutus app or buy crypto via the PlutusDEX.

Please note: Spending limits will be in place until the UX and these features are fully tested by our community. The finalised version will launch in November 2018.

Want to see the real deal rather than read a blog? Many of our features are already LIVE. If you haven’t already, Why not stop reading right here and take our app for a test drive? http://plutus.it

Plutus Tap & Pay for Android/iOS: Top up your balance on Plutus Tap & Pay, and instantly withdraw to your European bank account using SEPA. You can then shop at your favourite stores or online using your own bank issued Debit Card: http://plutus.it

Need Pluton, Bitcoin, or Ethereum? Use the PlutusDEX to place a buy order using Euro.

What makes Plutus unique? Our system is designed in a manner that ensures that your coins will never be stored on any exchange or centralised server. Instead, they will travel directly to the wallet address that you have specified. (Even cold storage for example.)

Are you a journalist writing an article, interested in promoting Plutus, or simply need a better overview? Take a look at our most recent press release regarding the launch of live trading functionality.

Behind the scenes, the next stages of Plutus are brewing.

  • Our previously announced wide-scale structural update is progressing even better than expected, and we have found a way to reduce our infrastructure expenditures by up to 70%.
  • We are resolving user reports and improving UX.
  • Mainly we are focused on being able to comfortably support a large influx of new members.

Bounty Program Update

You may have already heard, or even participated in, our exciting PLU bounty program where we offer $100 to $500 per vulnerability, and a chance to win the $3000 jackpot.

In order to optimise our results (and your success) in the bounty program, please be advised that it is limited to the following:

Important to note: Everything else is exempt. For example, there is no reward for vulnerabilities found on the old “Get Pluton” page, and the bounty program does not reward ‘ClickJacking’ reports.

This will ensure that any bounty rewards will directly contribute to the trading security of thousands of members across Europe (and later, worldwide).

Tags to make this update easier to find: Security bounty, IT security bounty, pentesting, whitehat, security review, IT security contest, Cryptocurrency security bounty, crypto it bounty, earn crypto for security

Plutus offers two channels on Telegram for you to join.

The channel “Plutus” serves as an introduction for new members, a place for community and customer support, as well as new updates. To ensure the best experience for onboarding new users, this channel has a rather strict content policy. If you want to join, have any questions, or difficulties using the app, this is where to go:

On the other hand, the channel “PLUTUS COMMUNITY” is intended for general discussions around anything related to Plutus, Pluton, as well as Bitcoin and Ethereum. This channel is public, and anyone is welcome to join. You could also call it a “general discussion” channel. If you want to talk about Plutus or PLU with like-minded individuals and early adopters, this is the place to be:

Need to know what happens when it happens? Make sure you follow our Medium blog. All updates will be posted on Medium before anywhere else.

If you have any questions or need help, please reach out to us on our Telegram support channel. Our team will be glad to assist you.

Sincerely,

Plutus

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Plutus
Plutus

Plutus provides an alternative to modern banking and combines it with the ease of access to cryptocurrencies. Earn 3% back in crypto! https://plutus.it