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.
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.
Digital Trends Live: Stablecoin expert discusses all things cryptocurrency
Today on Digital Trends Live, we talked with the CEO of Pareto Network, Eric Lamison-White. His company is a market-insight platform that is focused on cryptocurrency. We discussed Stablecoin, which is a way to protect your cryptocurrency, as well as what the future holds for Bitcoin.
Hublot’s newest luxury watch costs $25,000, and you can only pay in Bitcoin
The Hublot Big Bang Meca-10 P2P is the latest luxury timepiece from the watch brand, and is a special limited edition made to commemorate the 10th anniversary of Bitcoin. Eager buyers must use the cryptocurrency to buy one, and they'll need substantial virtual wallets to afford the $25,000 price tag.
Nearly 700,000 websites are hacked in bid to steal cryptocurrency
Popular web analytics platform Statcounter experienced a breach on November 3, according to research from malware researcher Matthieu Faou. Up to 700,000 websites were targetted in the breach which primarily aimed to steal cryptocurrency through a malicious Javascript script on websites running Statcounter code.
10 years of Bitcoin: How a geeky cryptocurrency changed the world
From its birth 10 years ago, Bitcoin has grown from fledgling cryptocurrency proof-of-concept into a real world cash alternative that's taken seriously by everyone from technologists to governments. How did it get to that point? Check out our handy potted history to find out.
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.
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.
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.
Giant wind farm in Morocco will help mine cryptocurrency, conserve energy
One of the windiest parts of Morocco is set to get a $2 billion, 900MW wind farm power plant, which could help power eco-friendly cryptocurrency mining in a more environmentally friendly way. Here's what is being planned -- and why this is an important step for the future.
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.
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.
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.
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.
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.
Police bust a massive interstate SIM card hijacking ring
Law enforcement agents in Flordia and other states have joined to break up an interstate cybercrime ring that used hijacked SIM cards to steal cryptocurrencies and cash from victims. The group's biggest score came in May of this year when members worked together to steal 57 Bitcoins from a single victim.
Hacker plays ‘Doom’ on John McAfee’s ‘unhackable’ BitFi Bitcoin wallet
A hacker has managed to get Doom running on John McAfee's allegedly unhackable Bitcoin wallet by rooting the device. Although that didn't qualify him for the $250,000 award for stealing the coins from the wallet's storage, it does suggest that hackers aren't far from completing that supposedly impossible feat.
Valve bans Steam game that was installing cryptocurrency mining malware
A cheap Steam game called Abstractism appeared to be infecting users' computers with a program that mines cryptocurrency. Valve has since removed it from Steam and banned the developer for shipping unauthorized code and intentionally tricking players into buying fake in-game items.
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.
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.
Chinese authorities break up billion-dollar cryptocurrency gambling ring
Chinese law enforcement authorities have broken up a more than 1.5 billion-dollar gambling ring that made use of the dark web and cryptocurrencies to facilitate betting on the outcome of the World Cup.The action was part of a larger crackdown on illegal betting on the World Cup tournament.
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.
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.
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.
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.
These are the largest Bitcoin mining farms in the world
With all the cryptocurrency hubbub in the world these days, it's not surprise that some giants in the money making market have appeared. Whether they assist others with mining, or do it themselves, here's some of the largest farms and pools in the world.
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.
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.
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.
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.
Why Mastercard is ripping a page from Bitcoin’s book
Mastercard wants to use the inherent security of blockchain to make money more intuitive and less hackable. Its new blockchain patents seeks to put an end to credit card skimmers. Regardless of what you think about cryptocurrency, the largest financial institutions are transforming real money to be more like it every day.
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.
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.
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