cryptocurrency

  1. AlphaAtlas

    Quadriga Cryptocurrency Wallets are Empty

    When Quadriga's CEO, Gerald Cotten, died in late 2018, the cryptocurrency exchange lost access to millions of dollars of cryptocurrency locked away in cold storage. His window claimed that the funds would be inaccessible unless a password or recovery key was found, but according to recent...
  2. AlphaAtlas

    JPR Releases New GPU Market Share Statistics

    Over the weekend, VentureBeat got an early look at Jon Peddie Research's Q4 2018 add-in board report, and found that discrete GPU shipments dropped in Q4 2018. But the market researcher just posted their own summary of the report, complete with statistics that previous interpretations left out...
  3. AlphaAtlas

    Cryptocurrency Mining Slowdown Could Lead to GPU Price Cuts

    Industry analysts recently claimed that AMD, Nvidia, and their manufacturing and retail partners are sitting on tons of unsold GPUs they made during the cryptocurrency mining craze, and now, Digitimes' industry sources say that they've begun cutting prices to get rid of them. More specifically...
  4. AlphaAtlas

    JP Morgan's "Digital Coin" is Not a Cryptocurrency

    If you ever read headlines from large, business focused news outlets, you've probably heard that JP Morgan Chase just created their own "cryptocurrency." But, referencing advice from the executive director of DC-based policy research and advocacy group Coin Center, Motherboard points out that...
  5. AlphaAtlas

    Police Mistake Cryptocurrency Miner for Marijuana Farm

    NewsBTC spotted a video claiming that police broke into a South Australia man's home, expecting to find a marijuana farm. Instead, they ran into a cryptocurrency farm, and admitted that they found no evidence of any wrongdoing in a note on the door. Mr. Rob Butvila is understandably pissed off...
  6. cageymaru

    QuadrigaCX Founder Dies and Customers Lose Access to Their Crypto Investments

    The founder of Canadian cryptocurrency exchange QuadrigaCX, Gerald Cotten, died in early December 2018 and nearly all funds from the exchange are locked away in a password protected cold storage. His widow, Jennifer Robertson says she has no password or recovery key access to the laptop that he...
  7. AlphaAtlas

    Orion Span Wants to Build a Space Hotel

    Curbed says the Houston-based startup Orion Span wants to build a fully modular space station that functions as a high end hotel. According to the company's plans, the hotel will be able to host up to 6 people for 12 days at a time. Trips start at a cool $9.5 million per person, but the company...
  8. AlphaAtlas

    Report Reveals the Extent of Cryptocurrency Crime and Laundering

    According to a recent report on cryptocurrency money laundering from CipherTrace, "bad actors" stole or scammed about $1.7 billion US dollars of cryptocurrency in 2018. $950 million was stolen from "cryptocurrency exchanges an infrastructure," while "ICO exit scams, phony exchange hacks, and...
  9. AlphaAtlas

    Motherboard Maker Shipments Drop as Focus Turns Away From Cryptominers

    Digitimes' industry sources claim that Q1 2019 motherboard shipments will "fall dramatically" thanks to reduced demand from the crypto mining sector and "seasonal factors." Gigabyte, Biostar and ECS will supposedly be hit particularly hard, as proportionally, they ship more entry level...
  10. cageymaru

    Sapphire Announces New 16GB AMD Radeon RX570 Video Card for GPU MIning

    Sapphire has created a new 16GB variant of the AMD Radeon RX570 video card that is specifically designed for GPU Mining. Sapphire Technology Vice President of Global Marketing, Adrian Thompson has written a blog post that details how new cryptocurrency like GRIN will require GPUs with 16GB frame...
  11. cageymaru

    The Supply Chain Outlook for Mining ASICs in 2019 Is Conservative

    Cryptocurrency has fallen flat on its face in 2018 and the demand for the machines that drove its rise to power has waned. This has caused foundry partners of the ASIC mining manufacturers to become conservative in their outlook for 2019. TSMC lowered its revenue projections for mining ASICs as...
  12. AlphaAtlas

    Facebook is Allegedly Developing a Stablecoin

    Citing anonymous sources, Bloomberg claims that Facebook is developing its own cryptocurrency for WhatsApp transfers. More specifically, they're said to be developing a "stablecoin." Unlike high profile cryptocurrencies like Bitcoin or Ethereum, which make up the bulk of the cryptocurrency...
  13. AlphaAtlas

    McAfee Claims Cryptomining Attacks Are Up 4000% This Year

    A new report from McAfee Labs claims that the total volume of "coin miner" malware has grown over 4000% since last year, and over 60% since Q2. Hackers are apparently moving away from ransomware to the more "lucrative" field of cryptomining malware. Malware attacks are up in general too, though...
  14. AlphaAtlas

    Bitcoin Shoots Up to Over $3400

    Bitcoin and other cryptocurrency exchange rates have been quickly and steadily dropping over the past few months, with no end to the decline in sight. But, after hitting a low of about $3200 over the weekend, a price which hasn't been seen since August 2017, Bitcoin shot up to over $3440 today...
  15. AlphaAtlas

    Razer Launches Idle "Mining" App

    Razer just launched an application called "Softminer" that "utilizes your idle GPU processing power to supplement distributed network needs for the mining process." They stop short of detailing what the program actually "mines," but instead of rewarding you with cryptocurrency like a regular...
  16. cageymaru

    Celebrities to Pay Heavy Fines for Promoting ICOs Without Disclosing Payments

    The Securities and Exchange Commission has settled charges against boxer Floyd Mayweather Jr. and music producer Khaled Khaled, known as DJ Khaled, for failing to disclose payments they received for promoting investments in Initial Coin Offerings (ICOs). Floyd Mayweather Jr. received $100,000...
  17. AlphaAtlas

    Positive Cryptocurrency Reviews are for Sale

    According to a report by Reuters, positive, paid reviews by popular cryptocurrency "experts" and social media personalities are widely available. Reuters talked to "more than two dozen people in the cryptocurrency market," but the first example they cited is a textbook case of the practice. The...
  18. AlphaAtlas

    Cryptocurrency Prices Plummet Even More

    Bitcoin plunged from about $6350 to $5500 last week, dragging much of the cryptocurrency market with it. After stabilizing for a couple of days, another big selloff started yesterday, as Bitcoin briefly dropped below $4400 and is sitting at about $4800 now. Etherium and XRP took similar...
  19. cageymaru

    NVIDIA Releases Its Financial Results for Third Quarter Fiscal 2019

    NVIDIA has reported revenue for the third quarter that ended on October 28, 2018, of $3.18 billion, up 21% from $2.64 billion a year earlier, and up 2% from $3.12 billion in the previous quarter. CNBC is reporting that NVIDIA shares are down 18% in after hours trading, after the miss on revenue...
  20. cageymaru

    Bitcoin Falls to a One-Year Low and Drags the Cryptocurrency Market with It.

    Bitcoin dipped lower than its one-year low to $5,533.09 BTC=BTSP on the Bitstamp platform. It was down 9 percent at $5,690.47. Analysts placed a price of $6,200 as the litmus test to see if buyers were waiting on the sidelines. The loss of value in the Bitcoin market spread to Ethereum and...
  21. AlphaAtlas

    Japan Allows Self Regulation of Cryptocurrency Industry

    The cryptocurrency market is largely unregulated in many countries, which allows prices to be manipulated without serious repercussions. Today, Japan's Financial Services Agency certified the Japan Virtual Currency Exchange Association, a body made up of Japan's 16 licensed cryptocurrency...
  22. AlphaAtlas

    HTC Launches Exodus 1 Blockchain Phone

    As promised earlier this year, HTC launched their first blockchain phone. In many ways, the Exodus 1 resembles your typical HTC Android flagship, with a 6" 1440x2560 display, a Snapdragon 845 paired with 6GB of DDR4x RAM, a 3500mAh battery, 12MP + 16MP front facing cameras, IP68 water...
  23. AlphaAtlas

    Cryptocurrency Mining is Fading in China

    According to a report by the Commercial Times, the Chinese mining craze is starting to fade away. A halt on Bitcoin trading in the country certainly didn't help things, and the falling prices of alternative cryptocoins means miners are struggling to make a profit. According to the report, many...
  24. AlphaAtlas

    Bitcoin Spikes to Over $7000

    The price of Bitcoin briefly spiked to nearly $7800, before falling back down and stabilizing at $6650. This brings Bitcoin back to the price it was at before last week's big drop to $6250 a coin. CCN says that massive Tether selloffs were related to the spike, as that cryptocurrency is now...
  25. cageymaru

    PayPal Ban on Game Cheats Website Leads to a Spike in Sales

    PayPal has banned an undisclosed game cheats website from using their payment service after the PUBG Corporation issued a copyright complaint against the cheat maker. This caused the company to lose access to its PayPal funds for a period of six months. But an unintended consequence of this...
  26. FrgMstr

    Cryptocurrency in Big Fall - Unikoin Gold Pains

    A $13 billion net worth was wiped off of major cryptocurrency markets this morning. Bitcoin is still down 4.3% and Ethereum is down 11.98% as of posting this. This all comes on the back of the International Monetary Fund warning of Crypto problems to come due to rapid growth and threats to...
  27. AlphaAtlas

    Chinese Billionaire Leaves Cryptocurrency Investing

    One of China's richest cryptocurrency tycoons, Li Xiaolai, announced his exit from the industry on the social media platform Weibo. Li is "one of the largest" Bitcoin holders in the country, and helped found the investment firm Bitfund. The billionaire stirred up some controversy earlier this...
  28. cageymaru

    Robot Cache Is Steam with Blockchain and Crypto

    Robot Cache is a new digital video game storefront and platform that gives gamers an option to run their parent's electricity bills up in order to mine cryptocurrency that is used to purchase games. It uses blockchain technology to keep a track of the ownership of games on the service. This...
  29. cageymaru

    Three Young Hackers Get Light Sentences After Assisting the FBI Fight Cybercrime

    Three hackers aged 21, 22, and 22 all received 5 years of probation and 62 1/2 weeks of community service in the U.S. District Court in Anchorage. Josiah White, Paras Jha, and Dalton Norman all pleaded guilty to computer fraud charges in December. They were ordered to pay $127,000 in...
  30. AlphaAtlas

    NSA Software Fuels Rise in Crypto Mining Malware

    The Cyber Threat Alliance claims that a software tool leaked from the NSA is fueling a massive rise in cryptocurrency mining malware. The cyber-security experts claim they detected a "459 percent increase in the past year of illicit crypto mining," and point to leaked NSA software called...
  31. cageymaru

    League of Legends Superstar Loses Entire Cryptocurrency Balance to Port-Out Scam

    League of Legends pro Yiliang "Doublelift" Peng recently recounted on a Twitch live-stream how he lost his entire Coinbase account balance to a port-out scam. He says that a few weeks prior to the theft, his T-Mobile phone's service was terminated and the device was listed as lost or stolen...
  32. AlphaAtlas

    Kodi Cryptomining Malware is Going Around

    Cyber security firm ESET tells ZDnet that three popular Kodi addon repositories are spreading cryptomining malware. ESET researchers say they found code embedded in addons from the Bubbles, Gaia, and XvBMC repos that would trigger the download of a secondary, malicious addon. The malware is said...
  33. cageymaru

    Cryptocurrency Teaches Novices Hard Life Lessons About Investing

    Cryptocurrency investors worldwide have felt the pinching of their wallets as the value of Bitcoin and other crytocurrency has fallen up to 90% from record high values in some countries. Now the investors who lost the most are telling their stories about taking out six digit loans to buy coins...
  34. FrgMstr

    Good NVIDIA News for Gamers

    NVIDIA says crypto profits are drying up and that is a good thing for us enthusiasts and gamers. And not drying up just a little, a whole lot of drying up is going on. On the flip side of this coin we see that TSMC, who makes a lot of NVIDIA chips, is seeing a pickup in mining ASIC orders...
  35. FrgMstr

    Cryptocurrency's Big Winner & Big Loser

    When it comes to cryptocurrency, the big winner for the year is Bitmain Technologies. In this story about it looking to take the company public, it is disclosed that Bitmain produced $1.2 billion in net profit for 2017. It is also spelled out that Bitmain pulled in $1.1 billion in net profit...
  36. FrgMstr

    Cryptocurrency Market Sucks Hardest Yet in 2018

    Bitcoin is falling, Ether is falling, and all but two of the top 100 cryptocurrencies were in the red in the past 24 hours (Archive). Bitcoin only fell 5%, and keep in mind that Bitcoin makes up 54% of the entire crypto market. Bitcoin while dropping below $6000 is still up more than 40% in...
  37. DooKey

    Bitcoin's Use in Commerce Keeps Falling Even as Volatility Eases

    Bloomberg News had startup Chainalysis Inc. research the use of Bitcoin in commerce and what they found is interesting. According to Chainalysis Inc. people aren't using Bitcoin in commerce as much as they did this time last year. In June of last year $270M was spent in commercial transactions...
  38. cageymaru

    Thief Caught Social Engineering Cellular Providers to Steal SIM Cards for Port Out Scam

    A thief was caught using social engineering on employees of cellular providers to trick them into SIM swapping a victim's cellular account to a new SIM card. This is known as a "port out scam." After that the brazen thief could take control of the person's life as his Gmail and other accounts...
  39. cageymaru

    Abstractism Game Allegedly Turns Customer PCs into Zombie Cryptocurrency Miners

    The game Abstractism, as sold on the Steam Store, has been accused by paying customers of turning their PCs into cryptocurrency miners. In this post, a customer asks the Steam community about Malwarebytes detecting the game as containing a virus and the developer chimes in to say,"These...
  40. DooKey

    Nasdaq Holds Closed Door Event to Discuss Legitimizing Crypto

    Nasdaq officials met with half a dozen companies this week to discuss what it's going to take to legitimize crypto. The focus of the meeting was what the companies needed to do to improve the image of crypto and the need to validate it's possible role in the market. Also, Nasdaq is currently...
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