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Currently Browsing: Results for Tag "cryptocurrency"

Cryptocurrency Craze Sends GPU Prices Skyrocketing - Again

Cryptocurrency Craze Sends GPU Prices Skyrocketing - Again Now we’re seeing the same thing happen again — only this time, it’s hitting both AMD and Nvidia cards.At first glance, this might seem like a great thing for both AMD and Nvidia, since after all, higher GPU prices means more money, right?

AMD, Nvidia GPUs for Cryptocurrency Mining Unveiled

AMD, Nvidia GPUs for Cryptocurrency Mining Unveiled As we’ve discussed at various points, the great cryptocurrency GPU mining craze of 2011 to 2014 (peaking in 2013) was great for GPU manufacturers’ profit margins, but terrible for AMD’s actual GPU sales and market share.Both AMD and Nvidia put their workstation and professional GPUs through additional rounds of validation over and above consumer cards, and these cards are designed for more demanding environments.

Alleged hackers behind NotPetya cyberattack demand $260,000 bitcoin ransom

Alleged hackers behind NotPetya cyberattack demand $260,000 bitcoin ransom At the time of writing, 100 bitcoin is worth approximately $260,000.No new Bitcoin address was listed for payments should anyone decide to actually fork over the 100 bitcoin.

A dark web marketplace went down, and oh boy did its customers freak out

A dark web marketplace went down, and oh boy did its customers freak out Dark Web marketplaces burst into the public consciousness following the 2013 FBI seizure of The Silk Road and the arrest of its founder, Ross Ulbricht.Then the site went down, and customers started crying "exit scam.

It only took hackers 3 minutes to steal $7 million worth of Ether

It only took hackers 3 minutes to steal $7 million worth of Ether Shortly after going live, CoinDash's July 17 Initial Coin Offering (ICO) was in serious trouble.As explained after the fact on the company's website, hackers managed to change one tiny but important detail on the CoinDash website just as the ICO was scheduled to begin: The Ethereum wallet address.

These hackers stole $85 million in Ether to save it from *the real crooks* (or so they say)

These hackers stole $85 million in Ether to save it from *the real crooks* (or so they say) Thieves stole $32 million worth of Ether out of a popular Ethereum wallet, and with every passing minute the potential for additional losses grew.Like something out of a weird cryptocurrency reboot of National Treasure, the unidentified WHG hackers decided to steal the remaining Ether before the crooks could.

Why Bitcoin is surging again, in plain English

Why Bitcoin is surging again, in plain English Here’s what’s happening: Bitcoin is being updated.They are people and organizations who employ a tremendous number of powerful computers to power Bitcoin's network, for which they are rewarded with Bitcoin.

The last big dark market left online may already be compromised

The last big dark market left online may already be compromised They found it in Dream Market, but as the last big dark market standing picks up steam, users are flocking to Reddit to warn that it too is already compromised.It was announced shortly thereafter that an international law enforcement operation brought AlphaBay down.

We spoke to the vigilante hackers who stole $85 million in ether to save it

We spoke to the vigilante hackers who stole $85 million in ether to save it Deciding to steal $85 million worth of cryptocurrency isn't something to take lightly.For the members of the White Hat Group, however, it seemed to be the only move left.

Floyd Mayweather found a new, bizarre way to spend his money: Ethereum

Floyd Mayweather found a new, bizarre way to spend his money: Ethereum Boxer Floyd "Money" Mayweather, best known for spending gobs of money in ridonkulous ways and punching other guys in the face, is now using Instagram (naturally) to promote the cryptocurrency ICO (Initial Coin Offering).The image shows Mayweather on a private jet with stacks of actual paper currency (how ironic!

Warring factions are splitting Bitcoin in 2. Here's what you need to know.

Warring factions are splitting Bitcoin in 2. Here's what you need to know. Two warring factions, fundamentally divided on Bitcoin's future, are coming to a head — and the impending split could either save Bitcoin or doom it.The split, called a hard fork, will result in two separate and distinct cryptocurrencies: Bitcoin Cash and Bitcoin Core.

Bitcoin Splits, Rallies as Community Fails to Solve Cryptocurrency's Woes

Bitcoin Splits, Rallies as Community Fails to Solve Cryptocurrency's Woes After years of squabbling, the BTC community had agreed to what was known as BIP 91 (Bitcoin Improvement Plan).Instead, roughly 15 percent of the BTC mining community has launched their own alternative to Bitcoin, Bitcoin Cash.

The perps behind the 'biggest ransomware attack ever' appear to be moving their loot

The perps behind the 'biggest ransomware attack ever' appear to be moving their loot You've infected hundreds of thousands of computers across the globe with your ransomware, and victims' cryptocurrency payments are flowing into your Bitcoin wallets.We can say this because the three Bitcoin wallets that held the ransomed loot were all suddenly emptied late Wednesday.

The wild world of cryptocurrency—and how it could make you rich

The wild world of cryptocurrency—and how it could make you rich Could Bitcoin make that happen?When Bitcoin debuted in 2009, its early adopters bought up large amounts of the digital currency for pennies.

Two Weeks Later, Bitcoin is Forking Again

Two Weeks Later, Bitcoin is Forking Again Right now, there are two forks, or divisions in Bitcoin: Bitcoin Cash, and Bitcoin.As the name implies, this agreement will cover two primary features: 2MB blocks (updated from 1MB) and the same segregated witness feature now shared by Bitcoin.

Mark Cuban-backed Unikrn to launch cryptocurrency for esports betting

Mark Cuban-backed Unikrn to launch cryptocurrency for esports betting The company already launched a virtual coin called Unikoin in 2015, but it was essentially a virtual currency which could not be bought or traded — you could only get it directly from Unikrn.With UnikoinGold and UnikoinSilver we won't have to deal with multiple banks and currencies across multiple countries," said a Unikrn spokesperson.

How to make upwards of $1,000 a month by mining cryptocurrency

How to make upwards of $1,000 a month by mining cryptocurrency If you know what you’re doing, you can make a lot of money mining this digital currency.You can learn all of this from the Beginner’s Guide to Cryptocurrency Mining.

$797 million in 3 months: Blockchain’s newest industry is going crazy

$797 million in 3 months: Blockchain’s newest industry is going crazy According to a quarterly report by CoinDesk, blockchain-based startups were funded with a total of $797 million in the second quarter of 2017 alone.That's more than triple the amount that similar startups raised from venture capital.

Browser-Based Mining Malware Found on Pirate Bay, Other Sites

Browser-Based Mining Malware Found on Pirate Bay, Other Sites That seems to be the thinking behind a new wave of cryptocurrency malware that’s loaded via websites and runs while you have a page open.Meanwhile, in other news, new browser-based malware has been popping up that also leverages JavaScript and also mines coins on hardware.