Atari is currently at a point where it is willing to try anything. We know that the company is releasing its first home console in decades, and now Atari is also looking to break in to the cryptocurrency market, with plans to launch the ‘Atari Token' based on Blockchain technology. …
Read More »Hackers targeted UK gov websites to mine cryptocurrency
It seems that we won't be escaping the cryptocurrency headlines anytime soon, as this week the UK government suffered from a major security breach. Over 4000 government controlled websites were subjected to a cyber attack that took control of visitors' PCs in order to mine cryptocurrency. This was confirmed by …
Read More »Russian nuclear scientists arrested after trying to use a supercomputer for crypto mining
As the cryptocurrency mining craze continues, people are trying to come up with new and quicker ways to get their hands on coins in hopes of getting rich. Some Russian scientists thought it would be appropriate to use a government-owned supercomputer to mine for them, and as you would expect, …
Read More »Nvidia reiterates that it is focused on catching up with GPU supply
Nvidia wasn’t shy of the success brought about by the current cryptocurrency boom during its earnings call on Friday, but it similarly hasn’t forgotten the huge problem it has been presenting gamers. The company has taken the time to reiterate previous statements, reassuring that gamers are still the number one …
Read More »Amazon and Newegg are now selling graphics cards in pricey six packs for miners
Graphics cards have been harder to get over the last few months, in large part due to demand from cryptocurrency miners. Prices have gone through the roof and it looks like retailers want to cash in on the mining craze further, with Amazon and Newegg beginning to list graphics card …
Read More »Banks in the US and UK begin restricting Bitcoin purchases with credit cards
We've heard about various governments looking to crack down on cryptocurrency this year and now it looks like banks are joining in. Banks across the US have already begun banning Bitcoin purchases with credit cards and now the same thing is happening here in the UK. This week it was …
Read More »Facebook bans cryptocurrency ads following a surge of scams
Over the course of 2017, the cryptocurrency market boomed with Bitcoin reaching heights of $20,000. This has caused a surge of interest in Bitcoin and other forms of digital currency, with many more companies and a few scam artists advertising heavily across the web to lure new people in with …
Read More »Nvidia asks retailers to prioritise gamers instead of cryptocurrency miners
It’s no secret that now isn’t the best time to build a custom PC, with the prices of hardware going through the roof. Part of the problem is cryptocurrency miners, but now Nvidia has spoken out against retailers selling to digital miners, asking for gamers to be prioritised instead. The …
Read More »Over the last month Bitcoin value has been cut in half
Bitcoin had a huge boom throughout 2017, creeping up above the $1000 mark in January last year and hitting as high as $20,000 in December. However, it looks like the last couple of weeks have seen a change, with Bitcoin dropping below the $10,000 mark today, a 50 percent drop …
Read More »New digital video game retailer Robot Cache aims to let players resell their games
While other online game distributors like GOG, Humble Bundle and first-party Publisher stores exist, Steam has long dominated video game sales on the PC platform. Enter Robot Cache, a new store front that aims to offer some big changes to the scene, allowing players to sell their digital games. Robot …
Read More »UK and EU prepare legislation as Bitcoin rises over $10,000 value
It looks like the UK and EU governments are going to start taking a closer look at Bitcoin regulation. According to reports this week, both governments are growing concerned that the digital currency is being used for tax evasion and money laundering. As a result, the Treasury is making plans …
Read More »Nearly 2,500 websites are cryptojacking, draining your processor
Back in September, The Pirate Bay attempted to use its visitors’ processors to mine cryptocurrency, resulting in a trend that other websites began to adopt. It seems that this craze hasn’t slowed down, with almost 2,500 websites implementing the same tactic on unsuspecting web surfers. These figures come from Willem …
Read More »Bitcoin continues to rise, hits $6,450 value
Over the course of 2017, Bitcoin has been back on the rise. In May this year, we saw the cryptocurrency hit a record value of $2400 and since then, things haven’t slowed down at all. In fact, this week Bitcoin hit a new all-time high, with a $6,450 value. It’s …
Read More »Showtime website caught using your CPU to mine cryptocurrency
Last week, The Pirate Bay tested a controversial new method of funding itself by using its visitors' hardware to mine cryptocurrency. Now coined in some places as “cryptojacking”, the practice has unfortunately caught on quick, as Showtime has adopted the technique without its users' consent. In an attempt to rid …
Read More »Adblock Plus enables users to block cryptocurrency mining websites
Popular pop-up blocker Adblock Plus has added a new function to its browser extension, aiming to protect users from websites that aim to hijack vistors’ computers to mine cryptocurrency. The new filter can be added to existing extensions on Chrome, Firefox, Safari and Android and seems to be a direct …
Read More »Bitcoin grows over holidays, hits $1,000 for first time in years
Bitcoin has crested the $1,000 (£812) mark for the first time in years. After steady growth over the Christmas period, in the first day of trading in 2017, it has breached the $1,000 mark and continues to grow. This represents an increase of around 25 per cent in the past …
Read More »Bitcoin and other digital currencies boosted by Trump victory
With the U.S. election finally over, we can all look to the future and in many ways that's rather shaky for the time being. However if you're sitting on a big stack of Bitcoin or similar digital currency, you're likely rather pleased, as while most financial institutions took a hit …
Read More »Bitcoin pyramid scheme fuels 24 hour boom and bust
Since its peak a couple of years ago, the price of Bitcoin has jumped around within a relatively confined range of values, often settling between two and three hundred dollars. However in the past 48 hours, it's value has exploded, doubling almost overnight before starting to crash down again. This stupendous …
Read More »Australian Senate report to declare Bitcoins real money
Buying and selling Bitcoins in Australia should be a little easier going forward, as the government has declared that digital currencies should now be considered as real money, making their taxation far simpler. It will mean more work for exchanges however, which will now need to monitor their services for …
Read More »ZiftrCoin wants to be the first mainstream cryptocurrency
Since Bitcoin began pulling in headlines and investments from all over the world following its meteoric value rise back in 2013, many other digital currencies have launched hoping to become the next standard in decentralised online payment systems. The newest of the bunch is ZiftrCoin, which the developers claim has …
Read More »Bitcoin begins to make a return after crashing
Bitcoin has always been a pretty volatile currency, or commodity – depending on how you look at it. While it remained practically valueless for years, it eventually ended up peaking at over $1,200 per coin in late 2013. Since then it's crashed and risen several times, for the most part …
Read More »US is selling off Silk Road bitcoins
Back in 2013, the online, tor accessible drug marketplace Silk Road was shut down and its alleged owner, Ross Ulbricht arrested by the FBI and a collection of other policing organisations. On top of that though, the authorities seized around tens of thousands of bitcoins worth many millions of dollars. Yesterday …
Read More »UK government: hey guys, how do you use bitcoin?
The British government has apparently decided that instead of trying to crack down, or sabotage bitcoin's future, it wants to embrace it and look to emulate some of its successes within the financial industry. To figure out just how to do that, it's begun asking users of the cryptocurrency to …
Read More »CEX now accepts bitcoin for buys and trade-ins
If you've been sitting on a stockpile of the digital currency bitcoin and spent much of the last couple of weeks pulling your hair out as the value plummeted, then at least you can take solace in fact that you now have a new avenue to spend it. CEX, the …
Read More »Bitcoin starts to recover after new bottom reached
Bitcoin has had quite a star studded history of headlines and peaks, though over the past year has found some stability after hitting a new high of over $1,200 per coin back in December last year. Unfortunately for those that invested in large quantities however, its value has tumbled in …
Read More »Reddit to give shares to the community
Reddit's current CEO, Yishan Wong, has announced that he plans to distribute part ownership of the social networking site to the community, through a new share system backed by a brand new cryptocurrency. Operating a little like bitcoin, the crpyotcurrency will have value based on Reddit's value, letting users trade it, …
Read More »Biostar introduces mainboards with Bitcoin mining ASICs
Biostar, a second-tier maker of mainboards that specializes on various niche and unique solutions, this week introduced BTC-24GH, a special mainboard designed for Bitcoin mining and featuring 64 special-purpose ASICs [application-specific integrated circuits] which were specifically designed for mining of the virtual currency. In the world of crypto currencies, a …
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