Major South Korean exchanges are on a hiring spree. The demand for cryptocurrencies and the government’s mandate for stronger security systems are driving the need for additional manpower at crypto exchanges. Their attractive employment benefits and flexible work environment are pulling workers from traditional banks and financial companies. Also read: Russian Regulators Draft Law to Restrict Crypto […]
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Cryptojacking is the secret use of your device’s resources to mine cryptocurrencies. There are several forms of cryptojacking, including in-browser mining, hacked apps, and background malware. Cryptojacking gained traction in September 2017, when Coinhive offered its JavaScript code as an alternative to regular advertising. The idea is simple – a website adds a special code to its page, and when people visit that website, their web browsers start to run the Coinhive code whose primary goal is to perform the mathematical calculations needed for mining cryptocurrencies. This process is resource-intensive and causes computers’ CPUs to spike and load to their maximum. Several big websites tried
The first issue of Venezuela’s national cryptocurrency has been ordered by President Nicolás Maduro. He has also called for the first national meeting of the petro’s miners where he will release the whitepaper for the new currency. Also read: Venezuela Unveils Mining, Trading, and Launch Details of National Cryptocurrency 100 Million Petros Incoming On Friday Venezuela’s […]
In the world of cryptocurrency, there are so many currencies worth keeping an eye on, it almost becomes impossible to keep tabs on everything. One of the currencies in the top 25 making a lot of waves recently is Siacoin. Most people are familiar with this project, and it seems the native currency is finally appreciating in value to represent the potential value of this project. Thanks to an 86.15% gain over the past 24 hours, things are looking pretty good for the Siacoin price. Major Gains for the Siacoin Price Although most people only keep tabs on the top
Just recently we reported on the beverage firm Long Island Iced Tea Corp and its share price increase by more than 400% immediately after it rebranded to “Long Blockchain Corporation.” On January 4, the company filed with the U.S. Securities and Exchange Commission (SEC), stating its intentions to mine bitcoins and purchase 1,000 Bitmain manufactured Antminer […]
Today could prove to be a very good day for people still holding Litecoin as part of their portfolio. Although the past few weeks have been quiet, we see a nice move upward for the Litecoin price over the past 24 hours. Thanks to a 20% gain in USD value and a 10% gain over Bitcoin, the Litecoin price is approaching the $300 level once again. Some people would say this upward momentum is long overdue. Litecoin Price Wakes up Once Again It is fairly obvious all cryptocurrency markets are slowly getting back on track in the new year. The
The United States continues to divide over the issue of cryptocurrency generally and bitcoin in particular. Idaho and Alaska issued crypto investment warnings, while Iowa’s Insurance Division cautions against the digital asset’s “high risk,” and Utah announces “scam” scares. Illinois bucks the worrywarts, however, and is instead crafting legislation that would welcome crypto businesses and […]