Litecoin Leads Crypto Rebound On News That LitePay Is Coming Feb 26

Regulation
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In sharp contrast to early February’s dramatic crash, the cryptocurrency markets are on the rise again. Nearly every top-100 cryptocurrency is in the green today, and Litecoin is soaring with 30% gains in the last day because LitePay is just around the corner. Early this month, news broke that authorities in several countries were about […]

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HACKERS HIJACK MILLIONS OF SMARTPHONES TO MINE CRYPTOCURRENCY

Mining
views: 1,267

Hackers have been secretly hijacking millions of smartphones in order to mine the cryptocurrency monero, new research reveals. Analysts at security firm Malwarebytes first spotted the illicit cryptocurrency mining, known as cryptojacking, in late January but only published details of the campaign this week. The research explains how a phone’s processing power is being used […]

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Cryptocurrency mining making it hard to look for aliens in space

Mining
views: 1,152

Scientists hoping to expand their equipment to search for intelligent life in outer space have hit a roadblock with inflated graphics card prices. Graphics processing units (GPUs), or graphics cards, are primarily used for rendering high-quality graphics like in 3D games. However, current GPUs have proven versatile enough to handle other data-crunching tasks. Scientists could […]

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Cryptocurrency mining is hampering the search for alien life

Mining
views: 1,165

It turns out that high-end graphics cards are fantastic for mining non-bitcoin cryptocurrencies, which has led to a global shortage of GPUs. Gamers are livid at the lack of supply, especially as prices skyrocket on secondary markets. But they’re not the only ones with ruined dreams: The shortage has stalled plans to expand the search […]

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Cryptocurrency Mining Will Leave Iceland Without Power

Mining
views: 554

Iceland has become the premier hotspot for cryptocurrency mining, more specifically Bitcoin, and the countries officials are now in a panic. With its cool temperatures, it makes it the perfect location to keep these hot data mining centers cool, without the need for extra air conditioning. While Bitcoin’s price has been on the decline within’ […]

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IMF Chief Lagarde: Global Cryptocurrency Regulation Is ‘Inevitable’

Regulation
views: 166

Christine Lagarde, head of the International Monetary Fund, has stated that international regulatory action on cryptocurrencies is “inevitable.” Lagarde, who is the managing director of the international organization that aims to foster global financial stability, said that the IMF’s concerns over cryptocurrencies stem largely from their potential use in illicit financial activities. In an interview […]

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Debunking Common Myths Surrounding Cryptocurrency Regulation

Regulation
views: 150

Summary Myths like a ban on cryptocurrency in India baseless. Regulatory agencies don’t seem to be looking to “centralize” cryptocurrency. These types of rumors are damaging to the sector. Cryptocurrency regulation will progress, and likely in a positive way. Cryptocurrency regulation is an incredibly hot topic at the moment, and for good reason. At the […]

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Australian and UK Government Websites Ran Cryptocurrency Mining Scripts

Mining
views: 349

HACKERS TARGET GOVERNMENT WEBSITES It is evident there is a bright future ahead for in-browser cryptocurrency mining scripts. Even though this industry has gotten a bit of a bad reputation over the past few months, the core concept seems to make a lot of sense. More specifically, it could replace traditional advertising models, as users […]

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