Facebook Reportedly Planning Their Own Cryptocurrency
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.
Redditors Will No Longer Be Able To Make Bitcoin Payments
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.
New York Power Companies Can Charge Bitcoin Miners More
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.
Australian Juice Company To Giveaway Bitcoins In A Competition
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.
Google Also Cracking Down On Ads Featuring Cryptocurrency
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 Claims 40,000 Investors Are Interested In Its Cryptocurrency
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.
Chat App LINE To Launch Its Own Cryptocurrency Exchange In Japan
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.
Even YouTube Served Ads That Hijacked CPUs To Mine Cryptocurrency
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 […]
Coincheck To Refund Customers Hit By $400 Million Cryptocurrency Hack
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.
$530M NEM Stolen Following Japanese Cryptocurrency Exchange 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.
NVIDIA Encourages Retailers To Sell GPUs To Gamers, Not Miners
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.
Bitcoin Loses 50 Percent Of Its Value
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 […]
Japan Has A J-Pop Band That Sings About Cryptocurrency
Things like bitcoin, cryptocurrency (in which bitcoin is one of them), and blockchain are technological terms that seem to be a pretty hot topic these days, leading to some surprising announcements in which companies like Kodak are even getting in on. However it seems that the trend has expanded beyond technology and into the music scene.
Ethereum Price Breaks $1,000 For The First Time
Cryptocurrency values have been surging in the past few months over renewed interest. Speculators are also diving into digital currencies and that’s helping push prices even higher. As a result of this surge, Ethereum price has now crossed $1,000 for the first time ever. The all-time high price was witnessed on multiple major exchanges. It crossed $1,000 after the cryptocurrency rallied over the past few days.
Russia May Develop Cryptocurrency To Dodge Sanctions
Russia’s strained relations with the West have led to sanctions against the country and if a new report is to be believed, the country is trying to dodge those sanctions by developing its own cryptocurrency. The report claims that this cryptocurrency is intended to help Russia evade international financial sanctions.
Israel Reportedly Launching Its Own Cryptocurrency
Cryptocurrency is all the rage these days and it’s now increasingly becoming a part of the global financial system. If a new report is to be believed, Israel is actually thinking about launching its own cryptocurrency. According to the report, the Bank of Israel is mulling the idea in order to create a faster payments system and reduce the amount of cash in the economy.
Opera's Next Update Brings Anti-Bitcoin Mining Feature
There are countless websites live today that hijack a visitor’s CPU to mine for virtual currencies like Bitcoin. They do that without the visitor’s consent or knowledge in order to make money for themselves. It’s unethical and a breach of trust but sadly it’s something that doesn’t show any signs of slowing down, particularly with digital currency values soaring in recent months. Opera has now developed a feature that will […]
Starbucks’ WiFi Hijacked Laptops To Mine Cryptocurrency
Public WiFi is great if you’re in a foreign country and have no access to the internet, or if you’re out and don’t want to tether your phone to your laptop. Unfortunately public WiFi does carry certain risks, such as being hacked or having your data intercepted, or in the case of Stensul CEO Noah Dinkin, having your laptop hijacked and used to mine cryptocurrency.
People Are Taking Out Mortgages To Buy Bitcoin
We can be pretty sure that many of you guys out there are probably regretting that you did not cash in on Bitcoin when it was still relatively cheap. Back then not much was known about the cryptocurrency, and you couldn’t really be blamed if you thought that it was a bubble just waiting to be burst.