Tag Archives: blockchain

Venezuela’s Petro cryptocurrency is backed by oil and now available

Venezuela is tackling its economic woes by launching its own cryptocurrency called “Petro.” The country claims this is the first sovereign cryptocurrency, and it’s backed by the nation’s crude oil reserves. The digital money is available now; there are plans to sell 100 million Petros total with an initial value matching the price of a barrel of Venezuelan crude oil: … Continue reading

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Litecoin Cash: Beware today’s “free coins”

This afternoon – or maybe just a tiny bit later – Litecoin owners will be given free Litecoin Cash. It’s not quite that simple, but that’s the basis for the recent jolt in price of Litecoin across several exchanges. The point at which each Litecoin will be worth a certain amount of Litecoin Cash is at block height 171111 – … Continue reading

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Bitcoin price rambles back toward $10k, but there be fools

Round prices seem to continue to command the minds of traders in the Bitcoin universe, especially when it comes to the most popular of cryptocurrencies.

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Bitcoin aims for eBay and Wikipedia

News of eBay’s switch from Paypal sent both stocks reeling at the tail end of January 2018 – now there’s word that eBay’s new partner might be their key to Bitcoin.

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US, UK government websites infected by cryptomining malware

Governments originated from the need to not only govern but also protect citizens, though some will probably dispute how much that still applies today. It is with a bit of irony, then, that some government websites have become unwilling, not to mention unknowing, vehicles to actually harm their own citizens. It has just recently come to light that thousands of … Continue reading

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Bitcoin mining gets Russian nuke scientists arrested

The current cyptocurrency craze we find ourselves waist-deep in is beginning to make its way into every day life. Graphics card prices are through the roof, mainstream news outlets are covering the volatility of Bitcoin, and now it appears that even Russian nuclear scientists are getting in on the action. Unfortunately for them, it seems they didn’t really plan out … Continue reading

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Bitcoin buys banned by JPMorgan, Bank of America

The two biggest banks in the USA have banned cryptocurrency buys on credit cards immediately if not soon. Both JPMorgan Chase & Co. and Bank of America Corp

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Facebook bans bitcoin and other cryptocurrency ads because of scammers

Facebook has announced a new policy for its advertisement platform: no advertisements promoting bitcoin or any other cryptocurrencies. The company announced the new ad restriction today, explaining that its new ban also applies to ads related to initial coin offerings and binary options.

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Samsung coming to Bitcoin with ASIC chips

Overnight news from South Korea spoke of Samsung’s efforts to enter the bitcoin mining industry. Samsung was reported to be joining said market with mass production of bitcoin mining hardware starting this month

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Bitcoin hardware wallet vulnerability exposes funds to hackers: study

Bitcoin hardware wallets may be vulnerable to malware that enables hackers to steal funds, according to a study published in the journal Information Security. According to the research, which was performed by a team with the University of Edinburgh, hardware wallets may contain weak spots that allow malicious software to intercept communications between the wallet and the computer being used … Continue reading

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