Items tagged with cryptocurrency
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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On Monday, the US Department of Justice (DOJ) revealed that Internal Revenue Service – Criminal Investigation (IRS-CI) Special Agents raided James Zhong’s house in Gainesville, Georgia back in November 2021. The raid, which was authorized...
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Researchers at Aqua Security have discovered cyberattacks that appear to have been conducted by TeamTNT, a threat actor previously thought to be defunct. The researchers encountered three different attacks, each of which looks to be new...
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Financial regulators in the US have been reluctant to come down on cryptocurrency for fear of stifling innovation, but there's nothing innovative about Forsage. The Securities and Exchange Commission (SEC) has filed charges against 11...
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Ransomware can be both disruptive and costly for its victims. A recent report found that the total downtime resulting from ransomware attacks in 2021 cost schools a whopping $3.56 billion. The sudden encryption of data on computer systems...
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In a blog post, Coinbase offered a strong rebuttal to the Securities and Exchange Commission (SEC) filing the first-ever cryptocurrency insider trading charges against one of its former employees. As part of that lawsuit, US prosecutors...
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The world of NFTs has encroached the realm of Minecraft, and devs are not happy about it. In an attempt to provide players with a safe and inclusive experience, Mojang has decided to not allow blockchain technologies in its popular...
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Ethereum has fallen nearly 40 percent over the past month, and is down more than 76 percent from its all-time high. And there's also the delayed shift from a proof-of-work to a proof-of-stake model that will drastically affect the mining...
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The Shack is back on Twitter promoting its crypto and NFTs in an NFSW kind of way, and reactions are mixed. The 100-year old tech retailer decided to reimagine itself, following decades of decline, bankruptcy and being delisted by New York...
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Back in early April, Intel unveiled its new Blockscale ASIC, which promised strong performance for proof-of-work consensus networks. Its move into blockchain is a relatively recent endeavor for Intel, but is perfectly in character for a...
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Startup blockchain company Harmony has posted a $1 million bounty reward on Twitter for the return of stolen crypto funds. The company says it will advocate for no criminal charges if the $100 million in stolen Horizon bridge funds are...
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As anyone could have predicted, cryptocurrency miners are looking to unload their used GPUs now that it may no longer be profitable to mine Ethereum and other blockchain assets. Before you buy a card at a potentially steep discount...
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If you're thinking about mining Ethereum as a side hustle, you should probably shelve the idea for the time being because, for the most part, it's not currently profitable. There are exceptions (and caveats), but for the average user, it...
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Last week, the US Federal Trade Commission (FTC) published a report according to which cryptocurrency scammers have swindled Americans out of over $1 billion since 2021. Cryptocurrency scams are rampant on social media sites, as well as...
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Bitcoin and other cryptocurrencies took another hit after Celsius, one of the leading crypto lending firms, announced it is pausing all withdrawals and transfers "due to extreme market conditions." After the announcement, Bitcoin slid to...
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Everywhere you look there is someone who is trying to convince you to invest in cryptocurrency. Unfortunately, many of these promos are simply a scam. The Federal Trade Commission (FTC) recently reported that Americans have lost over $1...
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Woe is the investor who put all their investment funds into cryptocurrency, because chances are their portfolio isn't looking so hot right now. The cryptocurrency market is experiencing a huge decline the likes of which we can't remember...
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Cryptocurrency scams are quite common these days, likely due, at least in part, to the perception that cryptocurrency is an easily accessible investment vehicle. Just last week, the Security and Exchange Commission (SEC) announced that it...
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The most resilient of all the cryptocurrencies, Bitcoin, is having a very bad year so far after peaking last November at around $67,000. Now instead of talking about whether it can reach $100,000, Bitcoin investors and observers are left...
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The United States Securities and Exchange Commission (SEC) has accepted a $5.5 million settlement offer from NVIDIA over findings that it "failed to disclose" in its filings that "cryptomining was a significant factor in year-over-year...
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The Securities and Exchange Commission (SEC) is beefing up its Crypto Assets and Cyber Unit in an attempt to protect crypto investors and further thwart cyber-related threats. The unit, formerly known as the Cyber Unit, is adding 20...
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Digital fashion brand RTFKT Studios has launched a brand new NFT called Nike CyrptoKicks, and people have been buying them for astounding price tags. The NFT's, or non-fungible tokens, were launched on NFT marketplace OpenSea, and are...
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