mining Archives - Page 175 of 193

Crypto Investment Platform Secures Seed Funding from Peter Thiel, Digital Currency Group

December 20, 2018cashtechnews

Venture capitalist Peter Thiel has purportedly invested in digital currency investment platform Layer1. Venture capitalist and PayPal co-founder Peter Thiel has invested in cryptocurrency investment platform Layer1, according to a press release published Dec. 19. San Francisco-based Layer1 has concluded a $2.1 million seed funding round backed by such industry players as Thiel, crypto-focused venture […]

Crypto Mining Malware up Over 4,000% in 2018, Says McAfee Report

December 20, 2018December 19, 2019cashtechnews

McAfee Labs: Cryptojacking rose by over 4000 percent in 2018, and threat actors are now targeting IoT devices. Cryptojacking malware activity rose by over 4000 percent in 2018, according to a new quarterly report published by cyber security firm McAfee Labs, Dec. 18. Cryptojacking is the practice of using a computer’s processing power to mine […]

Coinbase Launches Program to Educate Users About Crypto ‘Beyond Bitcoin’

December 20, 2018cashtechnews

Major U.S. crypto wallet provider and exchange service Coinbase has launched an educational project that allows users to earn crypto as they learn about it. Major United States-based crypto wallet provider and exchange service Coinbase has launched an educational project that lets users earn cryptocurrency as they learn about it. The program, dubbed “Coinbase Earn,” […]

With 90 Percent of Monero Mined, Attention Turns to ‘Tail Emission’ From 2022

December 20, 2018cashtechnews

Monero will feature tiny block rewards after the whole supply is mined, which will continue indefinitely. Miners have now extracted 90 percent of privacy-focused cryptocurrency Monero (XMR) and will net the remainder by May 2022, data from monitoring resource Monero Blocks confirmed Dec. 20. Monero — whose developers place anonymity and untethered usage of coins […]

PwC Warns Lack of Insurance Access Is Hindering Crypto Businesses

December 20, 2018cashtechnews

Getting covered by insurers is a major issue for crypto players “despite their best efforts,” Big Four auditor PwC has said. Cryptocurrency businesses find it “almost impossible” to get insurance and this is deterring investors, Big Four auditor PricewaterhouseCoopers (PwC) told Reuters Dec. 20. In comments focusing on the global fintech market, Henri Arslanian — […]

Popular Crypto Mining GPU Price Down 67% Since February

December 19, 2018cashtechnews

Radeon RX580, a GPU widely used both by miners and gamers, is now being sold for $180, a price drop of over 67 percent since February. AMD’s popular Radeon RX580 graphics processing unit (GPU), which has been widely used by crypto miners, is now being sold for $179.99, gaming magazine PC Gamer reported on Thursday, […]

Report: Bithumb Denies Accusations of Faking Trade Volume

December 19, 2018cashtechnews

Crypto exchange Bithumb has denied accusations of faking trade volumes since late summer 2018. South Korea-based cryptocurrency exchange Bithumb has denied allegations of faking trade volume, Forbes reported on Dec. 19. Cryptocurrency exchange ratings and analytics service CER has accused Bithumb of faking up to 94 percent of its trade volume since the late summer […]

Hong Kong Stock Market Regulator ‘Reluctant’ to Greenlight Bitmain IPO, Sources Report

December 19, 2018cashtechnews

Bitmain’s IPO faces fresh claims that it is unlikely to launch under current regulatory conditions in Hong Kong. Hong Kong stock market regulator is reportedly reluctant to allow Bitcoin mining equipment manufacturer Bitmain to conduct an initial public offering (IPO) in the city. Local English-language newspaper South China Morning Post (SCMP) made this claim in […]

Iranians Still Profiting From Bitcoin Mining Despite Market Crash and US Sanctions

December 19, 2018cashtechnews

Iranians who are turning to Bitcoin mining due to economic difficulties caused by U.S. sanctions still manage to profit due to low electricity prices. Iranians are turning to Bitcoin (BTC) mining due to economic difficulties caused by sanctions by the United States, International affairs think tank Atlantic Council reported Dec. 17. Despite the recent crash […]

JPMorgan Chase Analysts Say Prolonged Crypto Bear Market Is Scaring Off Institutions

December 18, 2018cashtechnews

Global investment bank JPMorgan believes that the protracted decline in crypto markets is driving away institutional investors. Analysts from global investment bank JPMorgan Chase believe that the protracted crypto bear market is driving away institutional investors, Bloomberg reports on Tuesday, Dec. 18. Analysts from JPMorgan, along with global market strategist Nikolaos Panigirtzoglou, have reportedly stated […]

Tag: mining

Crypto Investment Platform Secures Seed Funding from Peter Thiel, Digital Currency Group

Crypto Mining Malware up Over 4,000% in 2018, Says McAfee Report

Coinbase Launches Program to Educate Users About Crypto ‘Beyond Bitcoin’

With 90 Percent of Monero Mined, Attention Turns to ‘Tail Emission’ From 2022

PwC Warns Lack of Insurance Access Is Hindering Crypto Businesses

Popular Crypto Mining GPU Price Down 67% Since February

Report: Bithumb Denies Accusations of Faking Trade Volume

Hong Kong Stock Market Regulator ‘Reluctant’ to Greenlight Bitmain IPO, Sources Report

Iranians Still Profiting From Bitcoin Mining Despite Market Crash and US Sanctions

JPMorgan Chase Analysts Say Prolonged Crypto Bear Market Is Scaring Off Institutions

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