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Currently Browsing: Results for Tag "ethereum"

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.

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.

This blockchain startup already has the largest ICO ever and it's still going strong

This blockchain startup already has the largest ICO ever and it's still going strong Right now, Tezos — a blockchain startup you've probably never heard of — is raising money through an initial coin offering, or ICO.This already makes the Tezos ICO the largest in history (overshadowing the recent Bancor ICO, which raised $153 million).

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.

These are the most promising cryptocurrencies right now

These are the most promising cryptocurrencies right now Equally as surprising, several new cryptocurrencies, such as Ethereum and Zcash, jumped into the spotlight, bringing the total worth of all cryptocoins to over $100 billion.This has a dual purpose: It generates new coins, and it provides the computational power for the system to record new transactions.

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.

What you don't know about Bitcoin can hurt you

What you don't know about Bitcoin can hurt you I've bought some ether, and I (unsuccessfully) tried to participate in an ICO or two.An Ethereum smart contract is a piece of code that runs on Ethereum's blockchain, and as such is by definition decentralized.

Not again: Hackers steal $32 million worth of Ethereum

Not again: Hackers steal $32 million worth of Ethereum An unknown hacker or a group of hackers exploited a vulnerability in the way in which Parity, an Ethereum wallet, implemented multi-sig wallets, stealing some 153,000 worth of ether, which was valued around $32 million at the time of theft.The theft has indeed happened and it can be seen on Ethereum's blockchain here.

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.

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.

How to buy Bitcoin and Ethereum

How to buy Bitcoin and Ethereum If you've seen the incredible upward momentum of Bitcoin, Ethereum, and other cryptocurrencies, you've maybe also considered getting in on the action.We're not here to tell you whether or not you should buy it, just to show you how you can pull it off.

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!

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 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.

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.

AMD Releases Cryptocurrency Mining Driver, May Raise Vega Prices

AMD Releases Cryptocurrency Mining Driver, May Raise Vega Prices On the heels of its Vega launch last week, AMD has released a new driver for its GPUs that focuses on cryptocurrency mining.Earlier this year, AMD reported that cryptocurrency might have driven a short-term spike in sales, but that the company did not include it in their future forecasts.

Floyd 'Crypto' Mayweather is totally into cryptocurrencies

Floyd 'Crypto' Mayweather is totally into cryptocurrencies Floyd Mayweather — the same one that's fighting Conor McGregor on Aug.In an Instagram post, which shows him posing in a (probably very expensive) suit, he described Hubii as "smart contract for sports.

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.

China bans ICOs for being full of fraud and pyramid schemes

China bans ICOs for being full of fraud and pyramid schemes But now, this wild, wild west of fundraising appears to be at an end, at least in China.The People's Bank of China has issued a notice (link in Chinese) on Monday that forbids "all types of currency issuance financing activities" of this sort.

$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.