The price of yearn.finance’s YFI token surpassed the price of Bitcoin at $13,444. But it is more arbitrary and psychological. Yearn.finance’s native governance token YFI became the first-ever altcoin to surpass the price of Bitcoin (BTC) on Aug. 20. It spiked to as high as $13,444 on Binance, fueled by the growing demand for Decentralized […]
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“Everything you heard, every theory that just doesn’t seem possible, every small inkling that something was just off about the world… is true.” Thank you for calling the Clinic of Advanced Biological Computing, this is Dr. Elliott Fisher. So began the strangest conversation Ive had as a journalist, with a time-traveling group of Monero-mining musicians […]
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Cybersecurity researchers now expect future cryptojackers to mimic this worm’s ability to hack Amazon Web Services credentials. Cybersecurity researchers have detected what they believe to be the first ever stealth crypto mining campaign to steal Amazon Web Services (AWS) credentials. The mining campaign was described as being relatively unsophisticated by Cado Security in their report […]
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Two Bulgarian nationals have been charged with the theft of nearly $1.5M in electricity used to illegally operate crypto mining farms. Bulgarian authorities have arrested two men for illegally siphoning off more than $1.5 million in electricity to operate two crypto mining farms. According to an Aug. 14 report from Bulgaria Today, two men have […]
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Bitcoin’s strong move above the $12,200 resistance could boost sentiment and lead to a stronger rally in select altcoins. Investors usually buy large quantities of gold when they do not have faith in fiat currencies and want to protect their purchasing power against debasement. Berkshire Hathaway’s recent purchase of Canadian gold miner Barrick Gold suggests […]
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Layer1 — a Bitcoin mining firm backed by PayPal co-founder Peter Thiel — was accused of copyright infringement. United States-based cloud computing company Lancium LLC has filed a lawsuit against Bitcoin (BTC) mining firm Layer1 for patent infringement in the Western District Court of Texas. According to a complaint filed on Aug. 14, the power […]
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Bitcoin’s network fundamentals are as bullish as ever, but $12,000 may spark a retest of lower price levels, an analyst warns. Bitcoin (BTC) starts a new week at the upper end of its new price range near $12,000 — will the market finally crack it this week? Cointelegraph takes a look at five things to […]
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Bitcoin’s seven-day average hash rate passes 129 EH/s for the first time as the price continues to meet resistance at the $12K level. As the price of Bitcoin continues to meet resistance passing $12,000, its hash rate has hit a new all-time high. Data from Blockchain.com confirms that on Aug. 15, Bitcoin’s seven-day average hash […]
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The US President said during a press conference that he would consider allowing Edward Snowden to return from his 7-year ‘exile’ in Russia. Edward Snowden may be able to return to the United States if Donald Trump chooses to grant the whistleblower a presidential pardon. According to an Aug. 15 report from Reuters, Trump said […]
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Why do enterprise blockchain implementations fail, and what can enterprises do to increase their chances of success? In the enterprise realm, blockchain has moved from an experimental toy to a top-five strategic priority. As a technology that can improve security and coordination both within and between enterprises, it is now seen as an important path […]
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