Nvidia graphics cards may be back in stock, but they’re disappearing quick
Nvidia refreshed its batch of GeForce GTX 10 Series Founders Edition graphics cards, but they're quickly selling out as expected. As of this publication, customers already depleted Nvidia's supply of GeForce GTX 1080 Ti, GTX 1070 Ti, and GTX 1060 graphics cards. The other two will likely be gone soon.
Nvidia saw a revenue spike from sales of graphics cards to crypto miners
Nvidia made hundreds of millions of dollars selling graphics cards to cryptocurrency miners in the last quarter alone. This would seem to counter previous claims made by the company that miners were one of its smallest sales segments and that it was putting gamers first when it came to stock and pricing.
World domination, phase two: Facebook ponders its own cryptocurrency
After forming an internal team dedicated to blockchain technologies, Facebook is reportedly jumping into cryptocurrency with both feet. Anonymous sources close to Facebook report the social media giant is considering the release of its own virtual token for electronic payments.
Microsoft Bing joins Google, Facebook in banning cryptocurrency advertisements
Microsoft is now banning ads for cryptocurrency, related products, and unregulated binary options from its Bing Ads network. Given their unregulated nature, cryptocurrencies and related products pose an elevated risk due to bad actors that may participate in predatory behaviors to scam customers.
Bitcoin’s profitability called into question as energy consumption rises
Growing interest in Bitcoin is wielding a double-edged sword against cryptocurrency operations. Bitcoin mining is estimated to consume 0.5 percent of the world's energy consumption this year, and rising cost needed to cool mining facilities may make cryptocurrency mining unprofitable.
How much energy does Bitcoin mining require? Experts are unsure
How much energy is required to mine Bitcoin or other cryptocurrencies? A recent study estimates that Bitcoin mining uses as much energy as Ireland, but some experts disagree with those findings.
The Justice Department is now cracking down on cryptocurrency scams
The Justice Department is now working with the U.S. Commodity Futures Trading Commission to launch a criminal investigation to determine if digital coin traders are manipulating prices using illegal practices such as spoofing and wash trading. Sources say the federal probe is in the early stages.
This website lets you earn cryptocurrency by picking World Cup winners
With the 2018 World Cup tournament looming, a new website called Cryptocup allows users to earn cryptocurrency by predicting the winners of the 64-team tournament, earning tokens for each game they select, with those tokens being thrown into a pot that will be awarded to the winner. Tokens can be sold on the crypto market as well.
This desktop ornament tracks the value of cryptocurrency using a … seesaw?
Want a more entertaining way to track currencies? The Market is a kinetic smart sculpture ornament of a bull and a bear on a seesaw, which tilts in real-time to reflect actual day-over-day changes in capital markets. It's totally steampunk, and you can pre-order it right now.
Nvidia could reboot its game bundle with ‘The Crew 2’ and GTX 1080s
Nvidia is set to start giving away free games with its graphics cards once again by offering the upcoming open-world racer, The Crew 2, to gamers looking to upgrade to its top-of-the-line 10-series graphics cards. New GTX 1080 and 1080 Ti purchases will come with a free copy of the upcoming game.
Ticketfly goes offline after refusing to pay hacker’s Bitcoin ransom
Ticketfly was hacked for not paying a ransom of one Bitcoin, but it's unclear if credit card details are part of the breach. Site owners have taken Ticketfly offline temporarily to investigate the cyberattack, though the hacker claims he may release more stolen information.
Hackers prove how powerful computers can cheat Bitcoin and blockchain
A 51 percent attack on the ZenCash cryptocurrency shows that proof-of-work blockchains like Bitcoin are vulnerable to large-scale computing power. As just one of several recent attacks, it's possible that those behind it are growing bolder and more ambitious with their targets.
South Korean cryptocurrency exchange loses $40 million in hack
A South Korean cryptocurrency exchange has lost more than $40 million worth of digital currencies as the result of a recent hack
Apple just banned apps from cryptocurrency mining on iOS devices
Apple has banned apps that mine cryptocurrency on iOS devices. The company updated its guidelines recently, highlighting that while apps related to cryptocurrency are still allowed, apps that mine it are not. Of course, iOS devices generally aren't powerful enough to mine much cryptocurrency anyway.
Was late 2017 cryptocurrency spike artificially inflated?
A new report stemming from the University of Texas at Austin claims that the big surge in cryptocurrency values during 2017 was artificially created using a digital currency called Tether. The report focuses on Bitfinex, one of the largest unregulated digital currency exchanges on the market.
What is Bitcoin?
What is Bitcoin? It's a question that many recent investors might struggle to answer effectively because cryptocurrencies are a whole world unto themselves. Getting your head around the basics is important if you want to know what you're getting into before buying buying into the latest crypto-craze.
Facebook changes its cryptocurrency rules by easing its ad blocking policy
Facebook changed its mind about banning cryptocurrency-related ads from the social network. Starting June 26, the updated policy will allow advertisements that promote cryptocurrency and related content, but only from pre-approved advertisers. Ads for ICOs and binary options are still banned.
Now you can buy a classic Ford Mustang with cryptocurrency
Classic Recreations, known for rebuilding and upgrading vintage Ford Mustangs, now accepts cryptocurrency as a form of payment. That means you can buy an 800-horsepower muscle car with Bitcoin. The company hopes this will help it expand its customer base internationally.
A look into Bitcoin’s troubled year
Last year, Bitcoin seemed nearly unstoppable, but things have changed and not for the better. The currency recently dropped to less than $6,000 which is a far cry from the lofty heights of last year or even earlier this year.
Cryptocurrency may be why you still don’t have Nvidia GTX 11 Series graphics
Unnamed sources point to the current overabundance of add-in graphics cards as to why you’re not already seeing Nvidia’s new GeForce GTX 11 Series on store shelves. Nvidia reportedly has around one million chips ready for release but is holding back because there is simply no room for next-gen cards.
What is Ethereum?
New cryptocurrencies are sprouting out of thin air all of the time, but only a few have had a lasting impact. Ethereum is one such cryptocurrency, despite only being a couple of years old. It's one of the most valuable and has enabled the creation of many others. What is Ethereum? It's one of the most exciting cryptocurrencies.
Money-laundering ‘Bitcoin Maven’ receives one-year prison sentence
Theresa Tetley of Los Angeles, also known as the Bitcoin Maven, gets sentenced to one year in prison. The prison term is down from the 30 months that she faced for running an unlicensed money transmission business and, in at least one instance, exchanging Bitcoin for cash that came from illegal means.
Hackers allegedly used cryptocurrency in attack against Clinton campaign
An 11-count indictment filed against 12 Russian military intelligence officers reveals that the group allegedly used cryptocurrency to remain anonymous in a scheme against the Clinton campaign in 2016. They used these digital coins to pay for the website used to release stolen election-related documents.
Congressman says we should be banned from mining, using cryptocurrency
Congressman Brad Sherman believes the government should prohibit U.S. citizens from mining and using cryptocurrency. He made the statement Wednesday, adding that as a medium of exchange, cryptocurrencies accomplish nothing except facilitating narcotics trafficking, terrorism, and tax evasion.
Photo FOMO: Fujifilm ramen, KodakCoin DOA, and Nikon’s secret sensor lab
In the latest photo industry news, Fujifilm has released a limited-run of Provia-branded instant noodles as a promotional stunt, Kodak's 'Kashminer' and KodaCoin cryptocurrency is DOA, and Imaging Resource takes a detailed look inside the 'super-secret' sensor development lab at Nikon.
Researchers hack John McAfee’s ‘unhackable’ Bitfi cryptocurrency wallet
John McAffee had teamed up to promote the security of Bitfi's cryptocurrency wallet by inviting hackers to attempt to break in with a bug bounty reward. It seems that researchers took the bait, and McAffee's Bitfi wallet can now be deemed successfully hacked.
The browser-based Monero miner Coinhive generates around $250,000 each month
A report reveals that despite a dramatic fall in cryptocurrency mining, the Coinhive JavaScript-based miner is still highly active, generating around $250,000 worth of digital Monero coins each month. Coinhive also contributes 1.18 percent of the total mining power behind the Monero blockchain.
Cat got your wallet? CryptoKitties virtual feline fetches $170K in crypto cash
If you thought you paid a lot for in-app purchases to enjoy your latest mobile game, think again. A CryptoKitty named Dragon was recently sold on Etherum-based CryptoKitties, a game that's based on blockchain, for the equivalent of $170,000. In case you were wondering, that's a record.
Those $1 Bitcoins at Walmart have one big catch — they’re made of chocolate
Walmart's new Bitcoin chocolate coins are priced at just $1 a pack, giving cryptocurrency investors the chance to hold something real in their hands for the first time. Better yet, if they ever get tired of 'holding' their investment, they can always just tear off the faux-gold wrapper and eat them.
A vigilante botnet is taking out crypto-jacking malware
A new botnet with links to the Satori botnet has been spotted in the wild by security researchers. Known as Fbot, it doesn't look to spread malware though. It destroys it. It searches websites for a particular piece of crypto-jacking malware, takes it over, and then destroys it, deleting itself in the process.
Ripple cryptocurrency jumps 70 percent in 24 hours after news of bank deal
A tease that the Ripple (XRP) cryptocurrency might soon be adopted by a number of banks to speed up and ease international money transfers has sent its value skyrocketing. In 24 hours, it reached its highest value in 2018, jumping more than 70 percent in some cases and XRP trades even top Bitcoin in the past 24 hours.
What’s the point of a blockchain phone? We asked an expert
We cut through the hype and look at the reasons behind the current wave of blockchain phones, what they can do, and what they might be do in the future. You’ll find out what exactly what a blockchain phone is, how it can handle crypto assets, and who might want to buy one.
If we want to slow down climate change, we should change how we mine Bitcoin
Bitcoin mining isn't good for climate change. According to a new study coming out of the University of Hawaii Manoa, provided that Bitcoin continues its current trajectory it could produce enough emissions to raise global temperatures by 2 degrees Celsius as soon as 2033.
Sirin Labs’ Finney is no token effort — it’s a full-fledged crypto-phone
The Sirin Labs Finney phone is unusual. Rather than being about the camera or a bezel-less design, it's all about cryptocurrencies and the Blockchain, and that makes it about as cutting-edge as tech gets. The $1,000 phone is for the cryptocurrency crowd at the moment, but that may change in the future.
415,000 routers worldwide reportedly infected with cryptojacking malware
A cryptojacking malware that was initially discovered affecting more than 200,000 routers in Brazil now has grown to infect more than 415,000 routers worldwide. The malware's goal is to steal resources from computers to mine cryptocurrency in a scheme known as cryptojacking. Fortunately there is a fix.
This cryptocurrency wallet for kids isn’t nearly as stupid as it sounds
So you’ve taught your 6-year-old child to read, write, and play nice with others. What’s next? Give them a basic understanding of how cryptocurrencies function, of course. Called Pigzbe, this Kickstarter smart wallet for youngsters aims to help. Here's how it all works.
Mining cryptocurrency for Razer Silver isn’t worth your computing power
Razer has launched its own cryptocurrency mining scheme, but instead of offering hardware to mine with, it's paying those who use its mining software with Razer Silver, which can be traded for hardware and loot crate codes. The trade-off is unlikely to be worth it, so consider carefully before joining.
Canada’s winters inspired a startup to warm homes with cryptomining heat waste
Consuming massive amounts of electricity and generating tons of waste heat has become the price we’re paying to use cryptocurrencies like Bitcoin. It’s a problem that gets worse at scale. But Quebec-based Heatmine thinks there may be a way to replace existing hot water heating systems with mining rigs, solving two problems at once.