Items tagged with coindash

The topsy turvy world of cryptocurrency got a bit more interesting yesterday, thanks to a multi-million dollar Ethereum (ETH) heist. As we reported earlier, CoinDash was rocked by hackers Monday during its Initial Coin Offering (ICO), which is basically a crowdfunding effort that allows investors to purchase tokens. ICOs can funnel in thousands and sometimes millions of dollars within a short span of time given the recent craze surrounding Ethereum, which makes the CoinDash hack even more puzzling. The company posted its Ethereum address on its website and encouraged investors to start sending in their ETH. However, hackers had something else in mind — they instead changed the Ethereum address... Read more...
  Ethereum is continuing its downward spiral from its June high, as was witnessed by a particularly nasty dip that occurred on Sunday. On Friday, we reported that ETH was hovering around the $184 mark, but it dipped below $150 on Sunday to just $137. ETH has recovered somewhat since yesterday, and is now at $169. This Ethereum rollercoaster ride has had an effect on the PC hardware market as well. Over the past few months, we’ve witnessed supplies of graphics cards using for Ether mining dwindle while prices have skyrocketed. For those that were in possession of these cards — mainly AMD Radeon RX 4**/5** offerings — they were able to command well over retail price as eager miners looked... Read more...