If you’re looking to transfer money to friends or family members over mobile, there are several ways to go about doing that. There is PayPal, there is Venmo, there is Apple Pay, and so on. Now we have heard that WhatsApp has been working on a money transfer feature, and a report from Bloomberg has revealed that Facebook could be planning on using cryptocurrency to do so.
Cryptocurrency is a big thing, so much so that we’re starting to see many mainstream tech companies get into it. Take for example Facebook who according to the latest rumors, might be developing their own cryptocurrency. Now it looks like HTC wants in on it as well and have teased an upcoming smartphone called the HTC Exodus.
Bitcoin might be the most popular cryptocurrency at the moment, but it is definitely not the only one. There are plenty of different cryptocurrencies out there and now it looks like Facebook plans on launching their own. This is according to a report from Cheddar who claims that they have heard from sources regarding Facebook’s plans.
Reddit was one of the earlier adopters of the Bitcoin cryptocurrency. It allowed users to pay for premium membership by using Bitcoin, but it appears that is no longer an option as the company has recently disabled the option. The good news is that it is possible that this could be temporary.
It is no secret that mining for cryptocurrency like Bitcoin will require a lot of electricity, which is why sometimes it has been suggested that sometimes it might not necessarily be worth all the energy and money spent setting up a mining rig as the operational costs could cost more. That being said, those in New York will soon have to start paying more.
Considering what bitcoin is worth, we’re sure that nobody would turn down owning one bitcoin, if not part of it. Now it seems that over in Australia, juice company Boost Juice have announced a competition in which they will be giving away four bitcoins over the next month to their customers.
Recently it was announced that Facebook had started to ban ads about ICO and cryptocurrency, and it seems that they are not alone in this. Google is also said to be cracking down on similar ads, although in Google’s case it seems that they aren’t going to the extremes of banning ads like what Facebook is doing.
Kodak, a company that many probably associate with cameras and film, announced earlier this month that they would be launching their own cryptocurrency which seems to be the trend these days. Naturally many were skeptical given that the company’s core business seems to be in photography.
Chances are if you don’t live in Asia, the LINE messenger app might not be one that’s familiar to you, but over in Asia, especially in markets like Japan, Korea, and Thailand, the app is huge where there are actual cafes dedicated to the LINE characters that appear in the app as stickers and emoticons.
The use of cryptocurrency mining scripts is increasing, they enable website owners to mine digital currencies by effectively hijacking an unsuspecting visitor’s CPU resources. Popular websites like The Pirate Bay have resorted to this method in order to mine Monero, a popular cryptocurrency. One wouldn’t expect to see ads on YouTube that had hidden scripts for this very purpose but it turns out some bad actors even used the world’s […]
As cryptocurrencies become popular, hacks targeting popular exchanges and trading platforms are growing as well. It was reported earlier this week that one of Japan’s biggest cryptocurrency exchange Coincheck was hacked. The hack resulted in $400 million worth of NEM coins being stolen. Coincheck has now confirmed that it’s going to refund customers who were affected by this hack.
Just like real-life cash, cryptocurrency can be stolen as well. In fact last year $30 million worth of cryptocurrency had been stolen, which is a lot of money, but we reckon it pales in comparison to the latest theft. Japanese cryptocurrency exchange CoinCheck has confirmed that $530 million worth of cryptocurrency had been stolen from the platform.
As you might know, mining for cryptocurrency requires the miner to own a rig with a fair amount of processing power, which is why in recent times we are seeing inflated prices of GPUs on the secondhand market, where sellers know that miners will need the hardware in order to mine for cryptocurrency.
It seemed like Bitcoin was all that everyone could talk about last year. Its price hovered around $800 at the start of the year and then saw a meteoric rise to almost $20,000 in December. The price corrected somewhat since then that Bitcoin began trading in the $14,000 – $17,000 range. However, there has been a massive rout in the entire cryptocurrency world this past week which has led to […]