cryptocurrency

  1. FrgMstr

    Monero Crypto Not as Anonymous as You Might Think

    If you have been mining Monero on your Threadripper, then using that cryptocurrency for buying hookers and blow, you might want to be aware those some of those older Monero transactions are not as private as you might think. Thanks cageymaru. All of which means Monero may continue to leak...
  2. R

    AMD Stock Downgraded, Bitmain Releasing Ethereum ASIC Miner

    A report today from Smarter Analyst states that Susquehanna analyst Christopher Rolland is downgrading AMD stock to negative from neutral, with a $7.50 price target. The reason for the downgrade? Bitmain is planning to roll out a new ASIC miner for Ethereum, each having 3 motherboards, and each...
  3. R

    Ledger Crypto Wallet Hacked By 15-Year-Old

    Saleem Rashid, a 15-year-old programmer has discovered a flaw in the Ledger hardware wallet that allows hackers to get secret PINs before or after the device gets shipped according to a story on his blog. The vulnerability discovered allos for a "supply chain hack" where the device could be...
  4. R

    NSA Has Been Tracking Bitcoin Users Since 2013

    New Snowden documents reveal that the NSA has been tracking Bitcoin users since 2013. The documents show that that the NSA used methods to directly siphon internet traffic using a program code-named OAKSTAR, as well as a sham internet anonymizing service called MONKEYROCKET. ZeroHedge has a good...
  5. R

    Bitcoin's Blockchain Loaded with Child Pornography

    Researchers at RWTH Aachen University in Germany claim to have found 274 links to child pornography while investigating what financial data has been stashed within the blockchain according to a report from PCMag. in a paper that was presented at a conference earlier this month, in which the...
  6. FrgMstr

    Bitcoin and Money Laundering on Trial California

    Bitcoin is very likely about to hit a milestone in terms of how the US Federal Government views the cryptocurrency. What happens when you trade Bitcoin for cash is at the heart of the matter. Making the case a bit more exciting are the facts that Rockcoons, the target of the Federal suit...
  7. R

    NY Municipalities to Charge Miners More For Electricity

    UtilityDive is reporting that New York regulators will allow municipal power providers to charge higher rates to cryptocurrency mining operations. Electricity costs for high-density load customers will increase beginning in March, said the PSC, if customers they do not quality for economic...
  8. DooKey

    No New Cryptocurrency Farms for the Next 18 Months in Plattsburgh

    Because of increased costs to tax payers for electric power, the city council in Plattsburgh has approved a moratorium on new cryptocurrency farms in the city. Apparently, the city has low electric costs because of hydro power in the area, but once they reach a certain level of use the power...
  9. DooKey

    Another Government Employee Caught Mining Crypto With Government Equipment

    An employee with the Department of Citrus in Florida has been arrested for mining with state owned IT equipment. He was discovered when the electric bill for his department rose by more than 40 percent over a four month period. To make things worse for himself he used his state purchasing card...
  10. R

    Apple Removes Calendar App That Mined Monero

    Apple removed a macOS app called "Calendar 2," which allowed users an alternative to paying for premium features, by letting the app mine for Monero in the background, according to a report from 9to5Mac. The reason it was removed from the Mac App Store after 3 days? It violated guideline 2.4.2...
  11. FrgMstr

    Google Bans Crypto Ads

    Starting in June of this year, you will no longer be able to click on Google-served cryptocurrency get rich quick advertisements. Of course Google is waiting for the crypto-bubble to burst before it pulls those ads. If you are not familiar with just how many there are, this guy lists out...
  12. R

    Cryptocurrency Exchange Offering $250k Bounty For Hackers

    Cryptocurrency exchange Binance was the target of a hacking attempt on March 7th, and they aren't happy about it. In an article from Binance, they announced that they are offering a $250,000 USD equivalent bounty to anyone who supplies information that leads to the arrest of the hackers involved...
  13. R

    Don't Mine Cryptocurrency on Government Computers - Australian Edition

    It appears that the Australians learned nothing from the Russians that we wrote about last month. ABC News Australia is reporting that two employees from the Bureau of Meteorology are being investigated by the Australian Federal Police for allegedly running an elaborate operation to mine...
  14. DooKey

    Time for a Cryptocurrency Heater for Your Home

    Cryptocurrency seems to be infecting everything now and this new heater from a French startup seems to be a natural evolution of this infection. The heater is manufactured using two Sapphire Nitro+ RX 580 GPU's (has normal heating conductors as well) and mines Ethereum by default. Put your...
  15. DooKey

    Twitter Blocking Cryptocurrency Scams

    Twitter is stepping up its game and is blocking trolls that try to scam their customers out of cryptocurrency. According to Reuters an account was suspended last month after the fake Elon Musk account claimed it was giving away cryptocurrency. However, the more serious action taken by Twitter...
  16. DooKey

    Taking a Look Back at the GTX 680

    Everyone who's in the market for a new GPU knows the prices have been inflated due to cryptocurrency mining and shortages of GDDR. Even the low end is inflated and those that want to build a budget gaming rig are feeling the pinch. However, a used video from a few years back might be the way...
  17. R

    Bitcoin Price Dives After SEC Says Crypto Platforms Must Be Registered

    Bitcoin fell up to 13% today down to $9,416 after the U.S Securities and Exchange Commission reiterated that online trading assets must register with the agency as exchanges according to a report from Bloomberg. Instead of registering with the SEC, some of the largest trading platforms like...
  18. R

    New CryptoJacking Malware Alters Clipboard to Steal Cryptocurrency

    Unit 42 researchers have discovered a new malware that steals cryptocurrency by replacing clipboard addresses with an attacker-controlled address. The malware was spread by a "malspam" campaign with an email claiming a passport was lost, and a PDF attached had a copy of the scanned document. The...
  19. R

    Wu Tang Clan Coin?

    Ol' Dirty Bastard's son, Young Dirty, is launching a cryptocurrency. The "Dirty Coin" is being produced in a partnership with the estate of Ol' Dirty, and Link Media Partners. The coin will have the ticker symbol ODB, and will be used as a funding base for an upcoming Young Dirty album, as well...
  20. FrgMstr

    Cryptocurrency Attempt to Self-Regulate

    It should not come as a surprise to you "anonymous" cryptocurrency is being used to buy and sell illegal goods and services, sometimes rather openly, like at BitcoinPharmacy. And surely, this is one of the cornerstones for those governments looking to regulate it, beyond wanting its cut as...
  21. DooKey

    SEC Possibly Looking Into Several ICOs

    According to the Wall Street Journal the SEC has issued subpoenas and information requests to several companies that have issued an Initial Coin Offering (ICO) recently. This does jive with the warning from the SEC Chairman back in December that ICO's may be violating securities. Whether or...
  22. FrgMstr

    Cryptocraze Stories of the Day

    It would seem that if you run a cryptocurrency exchange, like Coincheck in Japan, and allow millions of dollars worth of cryptocurrency to be stolen from digital wallets, folks will be a bit upset about that and sue for the losses. Whodathunkit? Interestingly enough, Coincheck verified the...
  23. R

    Even The Woz Isn't Safe From Cryptocurrency Fraud

    Apple co-founder Steve Wozniak is a forward looking guy, so it's no surprise that he had an interest in investing in Bitcoin. However, at the ET GBS Wozniak told the tale of how his own Bitcoins got stolen. India Times is reporting that Wozniak had 7 bitcoins stolen through fraud, "Somebody...
  24. FrgMstr

    BlackRock Renames Company to CaptObviousRock

    In what can only be categorized as what is likely one of the most obvious statements made to date in 2018, is BlackRock letting us all know that cryptocurrencies are incredible volatile. This tremendous insight comes hot on the heels of the news that 46% of 2017's ICOs (Initial Coin Offerings)...
  25. DooKey

    Bitmain May Have Made as Much as Nvidia Last Year

    According to Bernstein semiconductor team analysts, Bitmain, a manufacturer of cryptomining equipment, may have made as much as $4B in operating profit last year. Compare this to Nvidia and their $3B in operating profit last year. Bitmain has gone from a small time, unknown operation, to a...
  26. FrgMstr

    Mine Crypto While You Drive - Or - Jacking it in Your Tesla

    Did you know that you can mine cryptocurrency while you drive your Tesla? Well, YOU can't, but Pirate Cryptojackers can. According to ZDNet, Redlock Cloud Security Intelligence has discovered cryptocurrency mining scripts running on Tesla's AWS resources. Well, that's not good. Researchers...
  27. R

    Steven Seagal Has His Own Cryptocurrency Now

    Steven Seagal has become the brand ambassador for Bitcoiin2Gen according to this press release. The new coin is starting its "pre-ICO period" now, with the coin launching next month. Bitcoiin2Gen is ethereum based, and will have its own wallet and mining machines. You can sign up for the...
  28. FrgMstr

    Maduro Pump Petro-Backed Crypto as Bitcoin Continues Comeback

    While Venezuela is being pounded to death by runaway inflation, the Venezuelan Government and Maduro have decided to start selling its Petro cryptocurrency (PTR). Every PTR coin is supposedly backed by a barrel of Venezuelan oil. Maduro is looking to sell his 100M crypto tokens for $6B. I...
  29. DooKey

    New Crypto Payment System Available

    Even though many vendors (Microsoft, Steam, others) have stopped taking crypto as payment for goods and services this isn't stopping Coinbase from offering a new service that lets vendors take crypto as payment. They call it Coinbase Commerce and they are offering it up to merchants all around...
  30. R

    Bitcoin Mining Energy Use Set To Overtake Homes In Iceland

    In a report from the BBC, electricity use at Bitcoin mining data centers is set to exceed that of all Iceland's homes. Johann Snorri Sigurbergsson a manager at energy firm Hitaveita Sudurnesja said "If all these projects are realised, we won't have enough energy for it," and that if they...
  31. FrgMstr

    Few Americans Reporting Cryptocurrency Gains

    File this under "Shocking." It seems that while a survey shows that 57% of cryptocurrency investors and miners realized some sort of gains, not many of those are reporting it to the IRS, only 0.4%. While all the crazy things going on my crypto lately, this alone will likely invite swift...
  32. R

    Another Cryptocurency Startup Pulls Exit Scam With $4.5 Million

    In what's becoming a theme, a report from TNW states that yet another cryptocurrency startup has pulled the exit scam, this time after raising $4.5 million in a series of initial coin offerings. The company LoopX has vanished, and pulled down it's website and all social media including Facebook...
  33. R

    Cryptojacking Hits Over 4,000 Websites Including Government Pages

    Security researcher Scott Helme is reporting that a Cryptojacking event happened over the weekend where a 3rd party provider was compromised and their JS library was altered. The alteration included a mining script that landed on over 4,000 websites, many of which were Government sites. It turns...
  34. R

    Russian Scientists Arrested for Using Supercomputers For Mining

    In a report from international Business Times, a number of Russian nuclear scientists were arrested for allegedly using lab equipment to mine for cryptocurrencies. The report, originally on Russia's Interfax News Agency, said the engineers were working at the All-Russian Research Institute of...
  35. DooKey

    MyEtherWallet Forks and New Wallet is Called MyCrypto

    One of the most popular crypto wallets, MyEtherWallet, has forked and one of the co-founders is starting a new wallet called MyCrypto. The current version of MC is really a forked version of MEW but the new enhanced version will be coming soon along with a new website. What this means for the...
  36. DooKey

    MyEtherWallet Forks and New Wallet is Called MyCrypto

    Should be in front page news.
  37. DooKey

    Cryptojacking Attack Hits Water Utility in Europe

    Cryptojacking attacks are becoming more and more common these days and now it appears a utility company is the first victim of attacks against critical infrastructure. Security company Radiflow discovered the malware recently and found that it had been running on the network for 3 weeks totally...
  38. R

    Hackers Infect Android Phones And Smart TV's to Mine Monero

    Hackers have infected thousands of Android phones and smart TVs, turning the devices into Monero miners. Chinese cyber security firm 360Netlab announced that the attack affected more than 7,000 devices in China by taking advantage of an open port 5555. The report says that scan traffic for port...
  39. R

    U.S. Regulators to Back More Oversight of Virtual Currencies

    U.S markets regulators from the Commodity Futures Trading Commission (CFTC), and the Securities and Exchange Commission (SEC) will be providing testimony to the Senate Banking Committee over the risks virtual currencies pose to investors and the financial system. There is currently no single U.S...
  40. FrgMstr

    T-Mobile Sued for Crypto Loss on Port-Out Scam

    We talked about T-Mobile pushing security to keep from having your phone number stolen through port-out scamming last week. Now it has come to UberGizmo's attention that T-Mobile is being sued by a man that is suggesting that it is T-Mobile's fault that he lost "tens of thousands of dollars"...
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