Items tagged with cryptocurrency
When cryptocurrency is stolen, it tends to vanish into thin air without no obvious means for recourse. It would typically involve moving the currency across many accounts and disbursing it, so it is slowly spread out. It seems that the hackers that stole over $1 billion in Bitcoin from Silk Road creator Ross Ulbricht...
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Remember when you could not find a mid-range or high-end graphics card to save your life, because the cryptocurrency miners were hogging them all? Things changed when mining in large part shifted from GPUs to specialized ASIC hardware, the cryptocurrency boom came to an end. Well, sort of. Bitcoin has held strong, and...
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A number of supercomputers across Europe have been targeted by malware that focuses on mining for cryptocurrency (Monero). The malware has forced supercomputers in the UK, Germany, and Switzerland to be shutdown as operators investigate the security incidents. The high-performance computing center in Spain was also...
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Atari has announced a new casino gaming system that it says has no local restrictions because of its use of cryptocurrencies. The gaming company says that its dedicated Atari Casino team has designed the service to provide users with the best online casino experience to date. The casino has a "collection of all the best Atari games" and boasts
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There might be a filthy 'RAT' (remote access trojan) lurking inside your PC, but do not bother calling pest control. We are not talking about the actual rodent, but a trojan that security researchers are calling InnfiRAT. This nasty bit of code is written in .NET and is designed to access and steal personal data from...
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Sometimes, news reports regarding free money can sound a bit too good to be true – especially anytime cryptocurrency is involved. That was most definitely the case when we first heard about Satoshi’s Treasure, which is an online scavenger hunt that will net the winner a sweet prize worth $1 million in Bitcoin.
The...
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The cryptocurrency market is full of peaks and valleys but at the moment, it appears that Bitcoin has hit a peak. Bitcoin surged past $11,000 USD for the first time in a year. The value of Bitcoin has jumped by 13% in the last 24 hours. Although the cyrptocurrency’s value dropped slightly once the heat of the...
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The era of cryptocurrency is not behind us, apparently. One look at Bitcoin's value—it sits at around $9,143 currently—indicates that there is room for at least one type of digital coin, even after the crypto-bubble burst last year in general. It is not just Bitcoin, though. Facebook is making a major move into the...
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It has been a tough year for cryptocurrency mining, following what had been a banner year in which several digital currencies skyrocketed in value, before plummeting (and in some cases, disappearing altogether). Is the ride over? For some, yes. But not for everyone, and Apple is introducing a feature in iOS 13 that...
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Authorities in the U.S. have announced that they have been successful in breaking a ring of hackers who had been running a scam to hijack SIM cards and steal cryptocurrency from the victims of the crime. Court documents in the case allege that the group, known as "The Community," had stolen about $2.4 million in...
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The cryptocurrency market has taken a beating over the past year, but if there is a Rocky Balboa among the bunch, it is undoubtedly Bitcoin, the virtual currency that just will not stay down. In fact, Bitcoin saw a sudden increase in value on Tuesday, rising 15 percent to $4,800. That is the highest value Bitcoin has...
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The Bitcoin boom has generally gone bust, and as a result, we just don't hear as much about cryptocurrency as a major market mover as we used to. The value of Bitcoin and other cryptocurrencies crashed last summer, leaving many investors hurting and lots of crypto mining rigs with expensive GPUs running idle and...
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Hold onto your wallet. Researchers at ESET have discovered the first known instance of a relatively new strain of cryptocurrency-stealing malware, called a "clipper", on the Google Play Store. They reported their findings to the Play Store's security team on February 1st, who quickly took down the offending...
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Facebook might be joining the blockchain party in a potentially big way, by developing its very own cryptocurrency that would enable users to transfer money over WhatsApp, the cross-platform messaging service the company acquired in early 2014 for $19 billion. On the surface, blockchain and WhatsApp seem like a...
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Cryptocurrency has been a hot topic in 2018, and Google claims that “What is bitcoin?” was one of its top questions this year. A lot of people (and companies) jumped on the cryptocurrency train, including Razer. The company is now offering users store credit in exchange for cryptocurrency mining. But is this program...
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HTC is accepting pre-orders for a new flagship phone, though there is a caveat. Users can only purchase the Exodus 1, as it's called with cryptocurrencies—specifically either Bitcoin or Ethereum, the two most popular blockchain currencies in existence. It is, for all intents and purposes, a blockchain phone and not a...
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At least for the time being, it looks like the mad rush to buy graphics cards for cryptocurrency mining and leave gamers with overpriced options is in the rear view mirror. That doesn't mean cryptocurrency mining doesn't still present an annoyance in some sectors, though. Security researchers warn that cryptocurrency...
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Let's start with the good news. Cryptocurrency mining on GPUs has waned considerably, and the shortage of graphics cards that made it nearly impossible to score a mid-range or high-end GPU at or near MSRP is over (for the most part). Are you ready for the bad news? Be that as it may, cryptocurrency mining hacks are on...
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If you've invested heavily in cryptocurrencies like Bitcoin and Ethereum over the past year, you probably need a stiff drink right about now. The cryptocurrency "boom" is no more, and values are heading south, much to the chagrin of crypto miners that thought mining with off-the-shelf [and custom] hardware would bring...
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When it comes to cryptocurrency exchanges, most of the news that we hear is regards to the latest hack attempt, where poor souls lose millions of dollars (usually never to be seen again). This Wild Wild West atmosphere in the cryptocurrency market has led many to doubt the sustainability of investing in Ethereum and...
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The ups and downs of the cryptocurrency market have meant that it's been a wild year for PC gamers. Cryptocurrency miners rushed out to purchases hordes of NVIDIA and AMD GPUs, which drove up the prices for people that just wanted to play Doom in 4K without having to pay an arm and a leg for a graphics card. Luckily, graphics cards prices
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To the delight of anyone who's been eying a new graphics card for a while, there seems to be a definitive end in sight to the price-gouging supply/demand effect in the GPU market. In recent months, mining has seemingly died down quite a bit, as a result of cryptocurrency values likewise taking a major turn for the...
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