‘Fair’ mining and privacy altcoin, Monero (XMR), shed $175 million as a result of malicious miners hijacking what amounts to an eye-popping 5% of XRP in circulation. The findings come by way of a cyber security researcher in Northern California, investigating a noticeable trend uptick in mining thievery generally. Also read: William Shatner Joins […]
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With demand for cryptocurrency mining hardware having sharply declined following the onslaught of 2018’s bear market, reports are indicating the companies operating in the supply chain behind mining hardware are increasingly seeking alternative revenue streams to offset falling demand from the mining industry. Also Read: SEC Executive: ‘Cryptocurrencies with Decentralized Structures Not Securities’ Cryptocurrency Bubble Pops […]
Solar Alliance announced Star Trek icon, actor William Shatner, as their celebrity spokesperson for the startup using the sun’s energy to power bitcoin mining. This isn’t Mr. Shatner’s first encounter with cryptocurrency, and even still he readily admits not understanding what it is he’s shilling. Also read: Crypto and Virtual Reality Meet in Ken Liu’s […]
The police in Japan are cracking down on the illegal use of personal computers for cryptocurrency mining. Multiple prefectural police departments are currently investigating one particular case and pursuing criminal charges, which would make it the first criminal case in Japan where computers are illegally used for mining cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into […]
In recent regulatory news, Brett Redfearn, the director of the United States Securities and Exchange Commission (SEC)’s Division of Trading and Markets, has described the self-reporting efforts of cryptocurrency exchanges as “underwhelm[ing],” Hydro-Quebec has again suspended new applications from mining companies seeking to operate in the province, and the SEC has published a new page […]