Items tagged with cryptocurrency
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Paul Lilly - Mon, Dec 16, 2024
Well, it finally happened. The infamous cryptocurrency transaction involving 10,000 Bitcoins for a pair of Papa John's pizzas back on May 22, 2010 has surpassed the $1 billion mark. It reached that mark when Bitcoin breached the $100,000...
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Paul Lilly - Thu, Dec 05, 2024
Bitcoin continues to surge and, for the first time ever, has reached and surpassed the $100,000 mark. That milestone represents a greater than 100% increase in value since the beginning of the year, when Bitcoin was trading for less than...
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Paul Lilly - Wed, Nov 06, 2024
Bitcoin, the most popular cryptocurrency of them all, surged to an all-time high valuation in the nighttime hours as it became apparent that former President Donald Trump had the necessary votes to defeat current Vice President Kamala...
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Alan Velasco - Tue, Sep 10, 2024
The FBI has published its Cryptocurrency Fraud Report for 2023, and the losses continue to mount, reaching 5.6 billion dollars, which is a 45% increase in comparison to 2022. Even though fraudulent cryptocurrency schemes only account for...
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Alan Velasco - Sat, Sep 07, 2024
Security researchers at McAfee have discovered new malware targeting Android users, named SpyAgent. The main aim of this malicious software being the theft of seed phrases that can be used to recover cryptocurrency wallets. Although once...
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Paul Lilly - Wed, Sep 04, 2024
The United States Federal Trade Commission (FTC) is warning consumers of a "massive" surge in Bitcoin ATM scams (add it to the list of cryptocurrency scams). According to the FTC, consumers posted collective losses totaling $110 million in...
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Ryan Whitwam - Mon, Jul 01, 2024
In years past, cryptocurrency enthusiasts who correctly navigated the volatile ups and downs of the market could net a lot of money without paying a dime in taxes. Those days are over. The US Department of the Treasury and Internal Revenue...
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Nathan Ord - Thu, May 16, 2024
Cryptocurrency is on the rise again, with Bitcoin cresting the $60k mark earlier this year and holding steady while Ethereum floats just shy of $3k. With those tantalizing prices, crypto-crimes are also rising again after a brief cooldown...
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Paul Lilly - Wed, Mar 13, 2024
In case haven't noticed, the cryptocurrency market is on an upswing led by Bitcoin's surge to record highs over the past couple of weeks—it's now trading at around $73,000. Historically speaking, as Bitcoin goes, so does the entire crypto...
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Paul Lilly - Wed, Feb 28, 2024
Bitcoin is on a tear this week, having initially rallied to above $53,000 on Monday, the highest it has been since November 2021. That's also well above the less than $17,000 mark that it was sitting at to begin the year. Now just two days...
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Nathan Ord - Mon, Feb 05, 2024
Cryptocurrency has had a bit of a resurgence over the last few weeks, with Bitcoin peaking at $45,000 before settling back to around $42,000. However, Bitcoin is still a proof-of-work cryptocurrency, meaning equations must be solved to...
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Nathan Ord - Tue, Jan 02, 2024
Since the early May 2022 cryptocurrency crash, cryptocurrency, in general, has seemingly lacked excitement. However, Bitcoin has seen impressive growth over the course of 2023. It has seen gains of 173% to crest over $45,000, marking a...
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Nathan Ord - Wed, Sep 06, 2023
Late last year, password manager LastPass disclosed that hackers had stolen proprietary source code, customer information, and password vaults. Since the initial breach, hackers have been able to get into some of these password vaults...
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Nathan Ord - Tue, Sep 05, 2023
Australian crypto-casino Stake, which has seen a rise in popularity for sponsoring or being used by streamers on Twitch and Kick, has reportedly been hacked. The threat actor responsible for the attack has seemingly gotten off with roughly...
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Nathan Wasson - Wed, Jan 25, 2023
TA444 is an advanced persistent threat (APT) group believed to be associated with the North Korean government. However, rather than receiving financial backing from its government, the group seems to bring in revenue for the government...
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Nathan Wasson - Thu, Jan 19, 2023
This past July, we wrote about a report published by Coverware that found that the dollar value of the median ransomware payment was on a downward trajectory beginning in Q1 2022 and continuing in Q2 of the same year. However, we weren’t...
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Nathan Wasson - Wed, Dec 28, 2022
BIT Mining Limited has published a news release disclosing that the cryptocurrency mining pool run by its subsidiary, BTC.com, suffered a cyberattack earlier this month on December 3. In the course of the attack, threat actors stole...
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Nathan Wasson - Fri, Dec 16, 2022
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, published a blog post this week warning about phishing campaigns targeting its customers. These phishing campaigns are likely related to a previously undisclosed data...
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Nathan Wasson - Wed, Nov 23, 2022
This week, the United States Department of Justice (DOJ) announced the seizure of seven domain names that cybercriminals used to carry out a cryptocurrency scam. The scam in question is known as a “pig butchering” scheme, as the scammers...
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Ryan Whitwam - Tue, Nov 22, 2022
Just one year ago, Bitcoin's value was in the stratosphere at a whopping $65,000 per coin. A series of market-shifting exchange collapses have now dragged prices down to barely over $15,000, erasing years of gains and threatening further...
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Paul Lilly - Thu, Nov 17, 2022
NVIDIA disclosed its financial results for its third quarter of fiscal 2023, and revealed within its earnings report is a 17 percent year-over-year decline in revenue to $5.93 billion. That's also a 12 percent drop sequentially. Much of...
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Nathan Ord - Sat, Nov 12, 2022
In the last few years, the terms ‘metaverse’, ‘blockchain’, and ‘NFT’ have become buzzwords that bring certain things to mind. However, a game called Artyfact is trying to bring all those concepts together and change people’s perceptions...
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