Cryptocurrency mining company CoinMine has completed a $2.5 million round of seed funding, earmarked for developing the all-in-one mining machine, Coinmine One. Cryptocurrency mining company CoinMine has received a fresh injection of funds from a $2.5 million seed round led by the investment company M13. Coinmine announced the successful fundraiser in an official blog post […]
Continue Reading
The recent dusting attack occurred against fourth-biggest altcoin, Litecoin on major digital currency exchange Binance has affected 294,582 addresses. The recent dusting attack against fourth-biggest altcoin Litecoin (LTC) on major cryptocurrency exchange Binance affected 294,582 addresses rather than the 50 Binance reported, according to a recent metrics report. Blockchain data and metrics firm Glassnode revealed […]
Continue Reading
Two weeks after the Litecoin halving, the network experienced a major dusting attack, which sources say might have affected around 200,000 wallets… On Aug. 10, the Binance and Litecoin (LTC) community came to life as news of a potential “dusting attack” was announced through the official Binance Twitter account. In the tweet, the team explained […]
Continue Reading
Malaysian power utility firm Tenaga Nasional Bhd is tightening measures in a bid to stem the millions lost to electricity theft by Bitcoin miners. Malaysian power utility firm Tenaga Nasional Bhd (TNB) is tightening measures in a bid to stem the millions lost to electricity theft by Bitcoin (BTC) miners. According to an Aug. 15 […]
Continue Reading
A cybersecurity firm has discovered a new strain of Monero mining malware, which contains code that hides the miner from Task Manager. Cybersecurity company Varonis has discovered a new cryptojacking virus, dubbed “Norman,” that aims to mine the cryptocurrency Monero (XMR) and evade detection. Varonis published a report about Norman on Aug.14. According to the […]
Continue Reading
The United Kingdom’s Advertising Standards Authority (ASA) has upheld a complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX. The United Kingdom’s Advertising Standards Authority (ASA) has upheld its complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX. According to an ASA announcement dated Aug. 14, the watchdog has taken issue […]
Continue Reading
Blockstack teams up with Lambda School for new App Mining Program, which reportedly teaches Blockstack app coding without charging students until they are hired. Privacy-centric computing network and app ecosystem Blockstack has announced a partnership with Lambda School. Students enrolled in the program can reportedly now learn how to code Blockstack apps and earn monthly […]
Continue Reading
Former Goldman Sachs analyst turned Bitcoin maximalist Murad Mahmudov believes the top cryptocurrency will hit $100,000. Former Goldman Sachs analyst turned Bitcoin (BTC) maximalist Murad Mahmudov believes the top cryptocurrency will hit $100,000. “Zoom out & think big” In a tweet posted on Aug. 13, Mahmudov — who serves as chief information officer (CIO) at […]
Continue Reading
The UN is reportedly investigating 35 North Korean cyberattacks across 17 countries, utilizing 3 main attack vectors. The United Nations is investigating 35 North Korean cyberattacks across 17 countries, according to a report published Aug. 13 by Associated Press. This follows last week’s leaked summary of the report, stating that $2 billion had been hacked […]
Continue Reading
Bitmain has accused a cryptocurrency project of falsely using its name in the promotion of a product dubbed Mangocoin. Cryptocurrency mining hardware manufacturer Bitmain has accused a cryptocurrency project of falsely using its name in the promotion of a product dubbed Mangocoin (MNG). In an Aug. 9 blog post, Bitmain states that it came across […]
Continue Reading