Russian government hackers mined bitcoin to fund attacks

October 22, 2018

Distributed chaos . Image: writerfantast/ getty People are definitely expending bitcoin, just maybe not the kind of people supporters of cryptocurrency approval had in head. A lengthy indictment from the Justice Department dropped today, accusing seven Russian intelligence officers of conspiring to hack anti-doping agencies around the world in retaliation for their efforts to expose Russian athletic doping. And, at least in accordance with the US officials, the GRU hacking…

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Google just dunked on cryptocurrency

October 13, 2018

Yup.Image: s-cphoto / getty Google thinks your crypto is a joke.   The search and advertising giant released a new tool on Tuesday known as Call Screen, which helps Pixel owners screen unwanted calls. In a seemingly out of place move, the company used the product’s announcement as an opportunity to dunk on cryptocurrency.  SEE ALSO: Now any idiot can apply to list their altcoin on Coinbase To promote the…

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The 21-day bitcoin challenge

October 7, 2018

There is a documentary, China’s Netflix equivalent, about a Chinese bitcoin enthusiast who attempts to survive 21 days by merely living on 0.21 bitcoin, or $1,300, without any help or donations. Her name is something of a nom de guerre – a nickname, with “You Bing” directly translating to “having a disease,” and the whole name alludes to the girl’s over-enthusiasm for bitcoin.  banning public cryptocurrency-related speeches, events, or activities,…

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SparkLabs is launching a cybersecurity and blockchain accelerator program in the US

October 2, 2018

Investment firm SparkLabs has run accelerator programs across APAC, now it has announced its first that’ll be based on U.S. soil and it’s a cybersecurity and blockchain program that’ll be located in Washington, D.C. from next year. The program will be led by former Startup Grind COO Brian Park and Mike Bott, who is ex-managing director of The Brandery accelerator. Advisors signed on to work with the batch of companies includes…

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This bitcoin wallet claims to be hack-proof

September 30, 2018

The SIKURPhone XZ1 is a Sony XZ1 telephone with Sikur’s software on top . Image: Sikur If you need to carry a significant sum of cryptocurrency on you at all occasions, but you simply don’t trust the average smartphone, a company called Sikur might have a solution. On Wednesday, Sikur launched the SIKURPhone, a customized variant of a Sony smartphone, its Android enhanced with the secure, crypto-oriented SikurOS software. SEE…

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You can now pitch Coinbase to list your bad altcoin

September 26, 2018

Bring on the pumps ! Image: Peshkova/ getty Bring on the altcoin spring. Cryptocurrency exchange Coinbase razzed an opening of the shitcoin floodgates today with an announcement that it will allow issuers of obscure altcoins, tokens, and even digital collectables like CryptoKitties to officially apply to be listed on its exchange. At present, Coinbase only rosters a few cryptocurrencies — bitcoin, bitcoin cash, ether, ethereum classic, and litecoin — that…

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Crypto exchange claiming it’s ‘practically impossible’ to hack suffers hack

September 23, 2018

Whoops . Image: Ladislav Kubes/ getty I guess we shouldn’t be all that surprised. But still, they did say it would be practically impossible. The Japan-based cryptocurrency exchange Zaif suffered a major hack last week. It issued a statement on Thursday stating that approximately $59 million worth of bitcoin, bitcoin cash, and MONAcoin had been stolen by unidentified offenders. This, patently, is not good. What builds it perhaps worse is…

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Watching two bitcoin ‘celebs’ arguing poolside will scare you off crypto forever

September 22, 2018

Making pond parties seem lame since 2009. Image: screenshot/ coinsbank The cruise ship wasn’t big enough for the both of them. On September 10, somewhere in the Mediterranean, two well-known competitors in the cryptocurrency space stood awkwardly poolside. A mob, sporting a mix of cryptocurrency-themed t-shirts and bikinis, lounged nearby on the ship’s upper deck. One human, sweatpants sloshing in the water, steady-going a tripod. The Bitcoin versus Bitcoin Cash…

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Crypto exchange Kraken trolls NY attorney general after claim it may be acting unlawfully

September 20, 2018

Decentralized GFYS.Image: MADROLLY/GETTY IMAGES It probably wasn’t the smartest move.  Roughly 24 hours after a major report from the New York state attorney general’s office led officials to declare that the cryptocurrency exchange Kraken is “possibly operating unlawfully in New York,” the exchange apparently decided the best response was to thumb its nose at state officials. In a series of tweets from both the official Kraken Twitter account and the…

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The second blockchain bubble is now complete whats next?

September 19, 2018

The last few months haven’t been easy for crypto investors. Following the dizzying high-pitcheds of crypto trading late last year, which understood Bitcoin reach a peak of $19,276 and a market cap of $323 billion and Ether reach $1,152 with a market cap of more than $112 billion, prices have crashed. Today, Bitcoin trades at around $6,500, and Ether at $204. Their combined marketplace caps have shed about $300 billion…

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Young crypto millionaire scammed out of 5,500 bitcoins

September 5, 2018

5,500 bitcoins you say? No trouble, let me transfer that right now . Image: nito1 00/ gettyimages Bitcoin is a risky investment, but for one young crypto millionaire, traditional different forms of investing into assets such a casino and corporation inventory turned out to be even riskier. According to Bangkok Post, a 22 -year-old Finnish man called Aarni Otava Saarimaa lost a total of 5, 564.4 bitcoins( worth approximately 24…

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Apple Added Another Digit

August 31, 2018

You know what’s cool? A trillion dollars. I don’t have anything interesting to say about the facts of the case that Apple Inc.’s equity market capitalization reached a trillion dollars yesterday, but both Bloomberg and the multiply or subtract to get to a trillion, so perhaps I should list some numbers you are able divide to get a trillion? Like, if you had stars in our galaxy, each superstar would…

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A verified ‘Donald J. Trump’ Twitter account is scamming cryptocurrency

August 14, 2018

Well, he* might* tweet something that stupid … Image: screenshot/ twitter President Donald J. Trump has made a lot of ridiculous promises over the performance of its job, but free cryptocurrency is still not one of them. Though you might be forgiven for supposing otherwise, as a verified Twitter account birthing his epithet today offered that very thing. Yep, the ether giveaway swindle we’ve be coming home with associate with…

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Bitcoin just passed $7 thousand so BRING ON THE MEMES

July 30, 2018

$1,000, 000 here we come ! Image: PESHKOVA/ GETTY Oh hell yeah. Bitcoin’s back, baby. After languishing in the depressing realm of the six thousands for what seemed like eternally, the cost of bitcoin has skyrocketed straight-out to the moon! Well, skyrocketed past $7,000, anyway. SEE ALSO: The only good thing to come out of Bitcoin is this inventory artwork feline Yes, friends, it’s time to join the multitudes of…

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Distributed blockchain conference offers a much needed dose of realism

July 29, 2018

It’s 8: 30 a.m. on a Thursday morning at the Westin St. Francis hotel in San Francisco, and the emcee is stoked . A booming welcome are worth a Vegas boxing match is being delivered over the PA as attendees at the Distributed blockchain conference gather to hear the gospel of “unlocking the world influence of decentralized business.” However, if the half-full auditorium is any manifestation, it’s a content that…

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Did Satoshi Nakamoto Write This Book Excerpt? A WIRED Investigation

July 25, 2018

Years have gone by since any brand-new piece of writing has appeared by Satoshi Nakamoto, the pseudonymous architect of bitcoin. But on Friday night, someone claiming to be Nakomoto published 21 pages of brand-new substance–a sneak preview, allegedly, of a book about the cryptocurrency’s origins. The excerpt appeared at 11:45 p.m ., on a website, NakamotoFamilyFoundation.org, anonymously acquired three days ago via Amazon’s domain registrar. A proxy likewise proven linked…

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Bitcoin Jumps Back Above $6,000 to Give Respite to Investors

July 23, 2018

The weekend is offering some reprieve for Bitcoin investors. The bellwether of the cryptocurrency world-wide rose 8 percent to $6,338.22 as of five: 30 p.m. in New York on Saturday, according to Bitstamp rates. The gain, which comes after the digital asset gate-crashed through the $6,000 threshold last week for the first time since February, signifies the token has still lost about two-thirds of its appreciate since reaching a record…

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Someone Found a Use for Bitcoin. Russian Hackers!

July 18, 2018

Bitcoin is a pain to expend. It is energy-guzzling, perilously slow and, with the prospect of dazzling returns( at the least until recently ), perhaps best to HODL’ til you withdraw. But Bitcoin can count at least one group of spendthrifts among its users: Russian hackers accused of hacking in the 2016 election. According to an indictment liberated Friday by the DOJ, the Russian intelligence officers who orchestrated the 2016…

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