Items tagged with bitcoin
German authorities are sitting on a cryptocurrency gold mine that was obtained from a convicted fraudster. In this case, the man was sentenced for secretly installing cryptocurrency mining software on victims' computers, during which he managed to amass over 1,700 Bitcoin.
Luckily, German police managed to capture...
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Bitcoin continues to reach new heights, climbing to nearly $40,000 at the time of this writing (after reaching $20,000 a month ago), and who knows where it will stop. In the short term, maybe it reaches $50,000 by the end of the month. Looking down the road, however, at least one investment bank believes it could...
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Back in late 2017, it looked like Bitcoin was on track to breach $20,000, but it did not quite get there. Even worse for Bitcoin investors, the digital currency went on a downward spiral of sorts as the crypto-market as a whole softened—by February 2018, it had dropped to below $7,000. And now? It has finally cracked...
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Believe it or not, Bitcoin at the time of this writing is trading at $19,330.80, and will be probably be even higher by the time I finish writing this article. Why is that? Good question, and nobody seems to have a definitive answer. Perhaps there is no single explanation, and this is just how it goes with the...
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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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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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A hacker is making the rounds and attacking Git hosting services like GitHub, Bitbucket, and GitLab. The attacks reportedly started on May 3, and as of now, it is unclear how the hacker is gaining access to these repositories. What is known, however, is that the hacker is removing all source code and recent commits...
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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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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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It's been a tough year for gamers who needed to upgrade their GPU, but were stopped dead in their tracks by inflated price tags and a general shortage on most mid-range and high-end graphics cards. Thankfully, that is mostly in the rear view mirror. One of the reasons why is because Bitcoin and other cryptocurrencies...
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It was only a few months ago when there was talk of Bitcoin being on a trajectory to perhaps hit $50,000 or even $100,000, which could make late adopters wealthy and early adopters obscenely rich (more so than they have already become). Fast forward to today, however, and the future is as murky as ever. Not that it...
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Things aren't exactly rosy in the cryptocurrency world; particularly when it comes to Bitcoin. Over the weekend, South Korean cryptocurrency exchange Coinrail confirmed that it had been hacked. The site says that it was the victim of a "cyber intrusion" and that roughly 30 percent of the coins trades on the exchange...
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One of the biggest criticisms of cryptocurrency, and Bitcoin in particular, is the highly volatile nature of digital coins. However, that's for investors and miners to worry about. A larger concern that is starting to draw increased attention is the power usage that comes from mining cryptocurrencies on a large scale...
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It's no secret that cryptocurrencies like Bitcoin and Ethereum have their loyal followers along with scathing detractors. Billionaire investor Warren Buffett has never been a fan of cryptocurrencies, but he ratcheted up the rhetoric this week by calling Bitcoin "rat poison squared".
Buffett helms Berkshire Hathaway...
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When it comes to cryptocurrency mining, many small- and large-scale outfits have cornered the GPU market, buying up large quantities of current generation AMD and NVIDIA graphics cards. Gamers have especially been hit hard by miners, as even mainstream graphics cards that should be heading towards the bargain bin at...
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Plattsburgh, New York is city that has just over 30,000 residents, and those citizens recently saw their power bills unexpectedly increase due to a problem that is starting to affect more people in the United States. We're talking about cryptocurrency mining, of course. Plattsburgh has placed an 18-month ban on new...
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Google is taking a stand against advertisements on the internet that promote cryptocurrencies, cryptocurrency exchanges/wallets/trading advice and/or initial coin offerings (ICO). The tech giant says that it will no longer serve ads through its platforms for these products and services starting in June 2018.
"We...
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There are plenty of uncertainties and grey areas currently lurking around the cryptocurrency market. From wild fluctuations in valuations, to cryptocurrencies like Bitcoin being used on the black market, to government institutions that are looking to get in on a piece of the action, we're still in the "Wild Wild West"...
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