Items tagged with bitcoin

Cryptocurrency like Bitcoin and Ethereum are big business these days. While Bitcoin has received the lion’s share of the attention since its introduction in 2009, Ethereum is poised to overtake it in market cap in the near term. With all of the momentum in the cryptocurrency mining market — and the hardware that helps make it possible — it should come as no surprise that nefarious parties are looking to take advantage of unsuspecting users. Unfortunately, these bad actors are making use of the NSA’s leaked DoublePulsar trojan which is a particularly nasty piece of malware. It all starts with... Read more...
The so-called cryptocurrency market is booming, or at least parts of it are. One of the most popular digital currencies is Bitcoin. It recently topped the $3,000 mark for the first time since its debut in 2009, and had you owned just $27 worth at that time, you'd be sitting on $15,000,000. While volatile, the price just keeps going up over time. This has kept the mining market alive, and NVIDIA reportedly plans to capitalize on it by releasing specialized Pascal cards tuned specifically for digging up crytocurrencies. News of NVIDIA's plans can be found all over the web, though most reports trace... Read more...
Since its debut in 2009, Bitcoin has enjoyed a massive share of the cryptocurrency market to the point where it almost seemed untouchable. While there are many different cryptocurrencies out there, none have been a serious threat to the big B. That is until now. The mighty alternative to challenge Bitcoin as of late is called Ethereum, a cryptocurrency that's been around for just under two years. If you've been partaking in the Internet at all lately, you've probably found mention of the hot new currency unmissable. Many have begun wondering how they can dive in and strike it rich with Ethereum... Read more...
Early adopters of Bitcoin who horded as much of the cryptocurrency as they could and then sat back have reason to celebrate today. The volatile digital currency topped the $3,000 mark over the weekend. While the value of Bitcoin has been known to see big spikes (and drops), this was this first time it breached $3,000 since the cryptocurrency was introduced in 2009. Reaching the new milestone was not wholly unexpected. Bitcoin had been trending between $2,700 and $2,900 during the past week before leaping over the $3,000 hurdle, albeit briefly. To put the milestone into perspective, you could have... Read more...
Your stash of Bitcoin may right now be worth a lot more than a pretty penny, at least currently. The total market cap for cryptocurrency just hit an all-time high north of $100 billion USD. Bitcoin, Ethereum, and Ripple have lead the charge over the last two months and there seems to be no sign of them slowing down any time soon. Since April 1st the combined market cap of cryptocurrency has increased 300 percent from $25 billion to $100 billion. Bitcoin has witnessed an 160 percent upshot while Ethereum’s value has increased by 439 percent. There have been a few dips in value over the last few... Read more...
With the popularity of upstart Cryptocurrencies like Ethereum on the rise and the value of well-established currencies like Bitcoin steadily increasing, there is new-found interest in Cryptocurrency mining. If you remember, a few years back, Cryptocurrency miners caused a shortage of AMD GPUs, which resulted in such high demand that what were supposed to be relatively affordable graphics cards ultimately sold at price points significantly above their MSRP. Over time, GPUs were supplanted by more power-efficient FPGAs and ASICs specifically designed for Bitcoin Cryptocurrency mining, but changes... Read more...
Bitcoin seems to be the currency of choice when it comes to demanding ransoms, and that is because culprits demanding payment can hide behind a pseudonym (Bitcoin itself is not actually anonymous). So it is no surprise that a hacking organization has instructed Apple to fork over a Bitcoin ransom in exchange for not leaking a cache of iCloud and other Apple email accounts belonging to hundreds of millions of iPhone owners.The hackers call themselves the "Turkish Crime Family." In addition to accepting Bitcoin, the group has told Apple it would also be fine with being paid in Ethereum, which is... Read more...
When ransomware strikes, its impact could range from mild to severe. Sometimes, ransomware targets regular users, while other times, it targets important mega-corporations (or even police stations). In this latest incident, it affected a hotel, and subsequently ran the risk of affecting all of its guests. Here it is, the downright gorgeous Romantik Seehotel Jägerwirt in Austria. Staying at a place like this is the stuff dreams are made of. It could feel like paradise on Earth; certainly not a place where you'd expect to have to deal with the major hassle of being locked out of your room against... Read more...
If you operate a Web server that runs on Linux, we're here to give you a bit of a prod in case you haven't updated it in a while. A piece of ransomware called FairWare is floating around, and as you'll soon see, its name is ironic as it's anything but "fair". Reports are coming in of users who have been struck with this awful type of malware, although it doesn't seem clear at this point exactly how the infection takes place. It's also not clear if this is some sort of automated attack -- one that simply scans the internet at large and infects where it can -- or if the attacks are focused. Either... Read more...
In the latest episode of what's become an ongoing Silk Road soap opera, the U.S. Marshals Service announced this week that it plans to auction more than 2,700 Bitcoins that were confiscated as a result of several investigations tied to the illegal marketplace. All tallied, the Bitcoins are worth in the neighborhood of $1.6 million in U.S. currency.This isn't the first auction of forfeited Bitcoins from the Silk Road saga and it may not be the last. There have been four previous auctions of the digital currency from June 2014 to November 2015, all of which were seized during the prosecution of Ross... Read more...
Will the real creator of Bitcoin please stand up? It appeared he did in 2014 when Satoshi Nakamoto was identified as the mysterious man behind the popular cryptocurrency that took the world by storm. Newsweek even tracked him down for a cover story. He's since denied any involvement with Bitcoin, and adding to the intrigue is a blog post by an Australian entrepreneur who claims he is the real creator of the digital currency. His name is Craig Wright, and if we're to believe him, Satoshi Nakamoto was nothing more than a pseudonym, a "public persona" so that he could still contribute to Bitcoin's... Read more...
Valve has decided to start accepting Bitcoin payments on Steam in an attempt to expand the accessibility its digital distribution empire into emerging gaming markets such as India, China, and Brazil. By adding Bitcoin to the mix, Valve is making it easier for gamers who live in places where traditional payment options aren't available to stock their online libraries. Bitpay will handle the logistics of accepting the popular cryptocurrency through Steam. According to Bitpay, it was Valve that approached the company to make this possible so that it could "easily reach gamers in every market around... Read more...
It seems that it was just yesterday that someone had to know a thing or two about software and programming to wreak havoc on fine upstanding Internet citizens via malware incursion. Ah, the good old days. Nostalgia aside, though, one cannot help but feel rattled by the news that security researchers at McAfee have discovered new software with which the oh-so-nefarious out there can easily construct their own ransomware. And not only is such a product in the wild, but it is online software, too, accessible by anyone capable of navigating a keyboard and a TOR browser. ... Read more...
Bitcoin’s price is dropping, and no one has a clear explanation for why. After dropping to an all-time low of about $181 over the weekend, the value of Bitcoin has improved to about $330 – still well below the highs the digital currency once enjoyed. Theories for the recent drop abound, but few experts are finding an explanation on which they can agree. Bitcoin enthusiast Roger Ver is defending the digital currency. If you are a long-time bitcoin investor, you’ve been on quite a ride. The digital currency reached a peak of $1,150 in December of last year and retailers like Dell... Read more...
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