Items tagged with cryptocurrency
Last November a hacker going by the name "DevOps199" found and exploited a flaw in the code for a subset of Ethereum wallets. That user was able to exploit teh vulnerability and take ownership of an Ethereum code library known as a smart contact. Once the hacker owned that smart contract, it was destroyed leaving...
Read more...
It looks as though few people (or companies) are truly safe from cryptocurrency miners. Hackers have attempted various avenues to mine for Monero, with the latest crop of evildoers targeting Tesla's Kubernetes console, which unfortunately was not password protected.
Once the Kubernetes console was compromised, the intruders were able to obtain
Read more...
Bitcoin is on the upward swing of its current rollercoaster ride, rebounding above $11,000 -- a price that it hasn't seen since January. After soaring to nearly $20,000 in December, the cryptocurrency has crashed hard in the past two months.
At one point earlier this month, Bitcoin was trading below $7,000. However...
Read more...
Atari has just announced something that will surprise all the gamers out there who grew up on its consoles and games. The company made a big unveil today and while it's not a new console or game, Atari will actually be minting its own new type of cryptocurrency. The new altcoin type will be called "Atari Token" and...
Read more...
The effect that cryptocurrency mining has had on the graphics card market has been so extreme, very few people could have predicted it. GPUs that were as easy to purchase as a gallon of milk became as hard to find as the hottest deal at Best Buy on Black Friday.
In addition to the rarity, inflated pricing has been...
Read more...
NVIDIA's Pascal architecture has been underpinning its GeForce series of gaming GPUs for nearly the past two years – it’s high time for an upgrade. We've heard rumors of a GA104 GPU called Ampere that is supposed to underpin a new GeForce GTX 2000 series of graphics cards.
But there's another wrinkle in speculation...
Read more...
Everyone seems to be trying to strike it rich with cryptocurrency, so it's no surprise that "drive-by cryptomining" has become a thing. If you're not aware, drive-by cryptomining is when a site injects a device with JavaScript code for the purposes of mining cryptocurrency, usually Monero (Coinhive launched a service...
Read more...
In the span of a few short years, cryptocurrency mining went from being virtually unknown to making making waves in the tech community. While mining may not have caught on with mainstream audiences yet, the entire market has been affected by the new-age gold digging. GPU prices are particularly affected, with many...
Read more...
If you're well-seasoned internet user, surely you have seen scams over the years that revolved around a Nigerian prince who needs your help to move money out of the country. We all know that it is a scam, yet for a long time, people have fallen for it. That Nigerian Prince scam is now back and has a new twist while...
Read more...
When AMD announced its earnings last week, the company made it a point to indicate that it would boost capacity in order to address the GPU supply strain caused by booming cryptocurrency mining demand. Yesterday, it was NVIDIA's turn to release earnings -- which it knocked out of the park, by the way -- and it too is...
Read more...
It looks as though it isn't just the Dow Jones that is having a crappy day in the financial world. Bitcoin, which was trading at close to $20,000 in late 2017, has come crashing down to earth in the past few weeks. Just last week, there panic coursed through the market which caused the cryptocurrency to drop below...
Read more...
The effect cryptocurrency mining has had on the PC gaming industry, specifically the now sky-high cost of graphics cards, is profound. However, someday mining algorithms may change enough such that GPUs aren't the only non-specialized compute engines capable of processing cryptocurreny hash algorithms effectively, or...
Read more...
With Monero being relatively easy to mine compared to other cryptocurrencies, legitimate users and a bunch of nefarious users are working hard to mine the valuable digital currency. The value of Monero means that some of those nefarious users are rolling out massive botnets to shackle PCs into working for...
Read more...
Back in mid-December, Bitcoin peaked with a value of over $19,000 per coin. Then just a few days later, it dropped to below $14,000. After that it went back up a little bit, then fell to below $13,000 by the end of the month. In the first week of January, Bitcoin's value was back up to over $17,000. It has been...
Read more...
If you need any more evidence that cryptocurrency mining is hitting primetime, look no further than this latest report that Samsung is looking into get in on the action. Samsung is reportedly producing application-specific integrated circuits (ASICs) for Chinese customers that will be use for Bitcoin mining. The...
Read more...
Investors do not seem quite sure how to react to AMD's fourth quarter and full year financial results for 2017. In after hours trading, AMD's share price fell 5 percent to $12.25, following the Sunnyvale chip designer announcing fourth quarter net income of $61 million, or 6 cents per share, versus a loss of $51...
Read more...
Update, 2/5/2018: We have a new article posted detailing CyptoNote (Monero) mining performance with AMD's Threadripper processor with a CPU-optimized algorithm, alongside a handful of other processors and GeForce GTX 1080 Ti. Update, 9/15/2017: We've updated our Ethereum mining benchmark numbers in this article to...
Read more...
The side effects of the recent price gouging on GPUs from AMD and NVIDIA is now filtering down to sites that use affiliate links to generate additional revenue. One retailer in particular, Newegg, is cutting off the Video Card category for affiliate linking. Newegg attributes this change in policy to the fact that...
Read more...
A cryptocurrency exchange in Japan is ponying up hundreds of millions of dollars out of its own pocket to compensate customers who had their NEM tokens stolen last week. The theft is believed to be the largest ever in the cryptocurrency community, with hackers plundering 523 million NEM coins worth anywhere from $400...
Read more...
A cryptocurrency exchange in Asia called Coincheck has announced that it was the victim of a massive hack that saw hundreds of millions of dollars worth of cryptocurrency stolen in what is the largest heist of its kind in history. Coincheck doesn't call the heist a hack, it says that the coins were sent illicitly...
Read more...
It appears that Google's DoubleClick ad network has become the latest target of relentless miners looking to make an extra buck with the Monero cryptocurrency. The revelation comes after TrendMicro observed that the number of active Coinhive miner detections tripled around January 24th. After doing some detective...
Read more...
If you're looking to buy a graphics card the days, we feel bad for you – really bad. Prices have skyrocketed due to people buying hordes of GPUs for cryptocurrency mining purposes. That means that gamers, the traditional purchasers of blazing-fast GPUs, now are forced to pay outrageous prices for what in many cases...
Read more...
