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Currently Browsing: Results for Tag "bitcoin"

How the blockchain could revolutionize welfare — or undermine the poor

How the blockchain could revolutionize welfare — or undermine the poor The blockchain (more accurately called “distributed ledger technology”) has long been a fixation for nerds of all stripes, but lately the real world has been taking notice as well.Now, the UK is testing the most intriguing example yet: blockchain-based tracking of welfare spending.

Crypto-heist threatens to tank blockchain-based future

Crypto-heist threatens to tank blockchain-based future It was a confirmation of the promise of the blockchain, and proof that the future really is near at hand!Despite all the efforts detailed below, make no mistake: the DAO is dead.

What is the blockchain, and is it really about to change the world?

What is the blockchain, and is it really about to change the world? The blockchain is more properly called a distributed ledger, basically a way of securely and transparently storing information, and performing pre-programmed operations on that information.By far the most famous implementation of a distributed ledger is the transaction and tracking procedures for Bitcoin.

DARPA may borrow blockchain tech from Bitcoin to secure military networks

DARPA may borrow blockchain tech from Bitcoin to secure military networks You’ve probably heard about blockchain technology most often in the context of digital cryptocurrencies like Bitcoin, but the blockchain can be much more than that.With Bitcoin, the blockchain is the universal record of all the transactions that take place.

GPU sales surged in 2016 on strong demand for high-end desktop, laptop gaming

GPU sales surged in 2016 on strong demand for high-end desktop, laptop gaming After Nvidia’s record-breaking quarter earlier this month, it was clear that the overall gaming market had to be in fairly good shape.No matter where you look, overall gaming shipments are up — but the gains from those improvements aren’t being spread equally between AMD and Nvidia.

Blockchain, a game-changing new technology

Blockchain, a game-changing new technology “We’re on the cusp of radical and disruptive change, and this poses challenges for lawmakers and regulators around the world,” says Sims.“With major companies such as Microsoft now accepting virtual currency payments, it’s feasible that blockchain technology will become ubiquitous within the next decade,” she says.

New ransomware offers to restore your files for free - if you infect two friends

New ransomware offers to restore your files for free - if you infect two friends These pieces of malware encrypt your files and won’t unlock them unless you pay, but the new “Popcorn Time” ransomware offers an alternative: Just infect some friends and you get your files back free.If you can get two other people to install that file — thus encrypting their files — and pay the ransom, you get your files decrypted for free.

New malware forces your phone to mine a cryptocurrency

New malware forces your phone to mine a cryptocurrency In perfect lockstep with progress, there now exists a malware vector by which your smartphone can be forced to mine a new cryptocurrency.Its developers claim that it’s more anonymous than Bitcoin: “If Bitcoin is like HTTP for money, Zcash is HTTPS.

​Can you ever be truly anonymous online?

​Can you ever be truly anonymous online? That’s the word of NordVPN, who is offering some advice on how to enhance anonymity online.However, NordVPN says using cryptocurrency can help users stay anonymous to some extent.

Hackers cause hotel to ditch keycards for old-school keys and locks

Hackers cause hotel to ditch keycards for old-school keys and locks Once a ransom is paid, the hackers then deliver an electronic "decryption key" which can be used to restore the device to normal.Unless the hotel paid a ransom in Bitcoin totaling close to $1,800 dollars, it wouldn't be able to access its reservation system, cash desk system or issue electronic keycards.

Bitcoin reaches an all-time high as SEC decision looms

Bitcoin reaches an all-time high as SEC decision looms At the time, demand for bitcoin was growing in China and some buyers in India were turning to bitcoin amid the country's demonetization crisis.This time around, bitcoin traders are optimistic that the Securities and Exchange Commission will approve bitcoin's first exchange-traded fund.

A single Bitcoin is now worth more than an ounce of gold

A single Bitcoin is now worth more than an ounce of gold If you own Bitcoin, rejoice: A single unit of digital cryptocurrency is now worth more than an ounce of actual, physical gold.According to CoinDesk's Bitcoin Price Index, the price of 1 Bitcoin is $1,281.

Russian hackers reportedly blackmailing liberal groups because no one learned a damn thing

Russian hackers reportedly blackmailing liberal groups because no one learned a damn thing Apparently, no one learned a damn thing from the infamous Democratic National Committee (DNC) email hacks that marred Hillary Clinton's 2016 presidential campaign because several liberal groups are now reportedly being blackmailed by Russian hackers who accessed their emails.The report says that at least a dozen organizations have faced extortion from hackers who have gathered sensitive information.

The SEC just dashed the Winkelvoss twins' bitcoin dreams

The SEC just dashed the Winkelvoss twins' bitcoin dreams An ETF would track the price of bitcoin and make investing in the cryptocurrency more attractive to Wall Street.For weeks ahead of the SEC decision, the price of bitcoin soared on the expectation that major Wall Street interest could be ahead.

Can Bitcoin Be Stopped?

Can Bitcoin Be Stopped? Famous Social Network villains the Winklevoss twins had proposed the idea of a Bitcoin Trust that would have tracked the currency and rewarded investors.As a longtime Bitcoin skeptic, I was all ready to write a post about how Bitcoin was screwed.

Ethereum: The not-Bitcoin cryptocurrency that could help replace Uber

Ethereum: The not-Bitcoin cryptocurrency that could help replace Uber The cryptocurrency, called ether, runs on a "smart contract.Blockchain is a distributed ledger where all of Bitcoin's — and Ethereum's — transactions are recorded.

New Bitin trading platform brings investment to 'everyday New Zealanders'

New Bitin trading platform brings investment to 'everyday New Zealanders' While the online world is still getting to grips with cryptocurrency and Bitcoin, New Zealanders finally have their own taste of a locally-based Bitcoin trading platform.According to the company, it provides a centralised platform that uses a safe third party escrow service (Local Bitcoins) for peace of mind.

There's more to tech stock photography than hokey gold bitcoins

There's more to tech stock photography than hokey gold bitcoins I was looking for photos of "people coding," and the options were decidedly bad — think word clouds and whiteboards.Probably not, and those implicit connections (or lack thereof) are thanks in no small part to choices made by people like Rolff.

Mirai, the infamous IoT botnet, now forces 'smart' appliances to mine Bitcoin

Mirai, the infamous IoT botnet, now forces 'smart' appliances to mine Bitcoin Earlier this year, I declared the Internet of Things had officially hit peak stupid, courtesy of a new smart toaster being shown at CES.A smart toaster that’s been hacked to mine Bitcoin.

North Korean hackers stole $88,000 in bitcoin over the last two years

North Korean hackers stole $88,000 in bitcoin over the last two years , the untraceable digital currency provides a way for the reclusive dictatorship to bring some cash into its gates.In July last year, North Korea's main intelligence agency stole the data of more than 10 million customers from Interpark, an online auction and shopping site, and held it for ransom in exchange for $2.