The number of crypto jacking incidents rose by an astronomical 8,500 per cent in the final quarter of 2017, Symantec has revealed. Hacking computers to surreptitiously siphon off processing power to mine for cryptocurrencies is on the rise according to Symantec. Symantec’s security response team said: “The barrier to entry for coin mining is...
Facebook, Google, Yandex and Twitter imposed bans on ads relating to cryptocurrencies and ICOs. And this might give their legal departments new work to do as multiple cryptocurrency associations from China, S. Korea and Russia plan to sue them. These associations founded a new Eurasian Blockchain Association (EBA) after a...
A. C. Milan, an Italian football club, is in financial trouble and its owner, Chinese tycoon Yonghong Li, was planning to tackle the Rossoneri crisis with crypto coins. However, his attempt was unsuccessful due to Li's own delicate financial situation. The Chinese businessman, in order to acquire the Italian club,...
For over a year, one argument has persisted in discussions about Bitcoin: transaction fees are horrendous. Who wants to use Bitcoin as a means of payment if the fee is higher than the price of the goods purchased? But is this still true? The network raises transaction costs In early 2017,...
The ban will cover advertising of initial coin offerings (ICOs) - popular crowdfunding method used to raise cash by creating new coins - as well as token sales and crypto-wallet services, the San-Francisco-based firm told Reuters. Ads for cryptocurrency exchanges will also be banned — with some limited exceptions. However, exchanges won't...
last year Minsk made a strategic decision to embrace crypto, surprising many of its critics. In December, President Lukashenko Decree №8 to legalize cryptocurrencies, initial coin offerings, and smart contracts. It on March 28 and introduces tax breaks and other incentives for crypto-related activities until 2023, in order to...
Korean cryptocurrency exchange Upbit will launch Korea’s first cryptocurrency index. The concept is to provide a standard index which can measure market conditions by suggesting and creating a coin quote standard. Dubbed the UBCI (Upbit Crypto Index), the index will be measured from four market indices based on long-term transactional data...
China filed the most blockchain patents with the World Intellectual Property Organization (WIPO) in 2017, according to Thomson Reuter’s statistics. Out of all blockchain patents filed around the world, China accounted for 49%, while the United States came second with 33%. Among the top 100 patent-filing organizations, the PBOC dominated the list, with three...
While bitcoin is the best known and most valuable crypto currency, its blockchain faces numerous challenges - mostly privacy and scalability related. To overcome these challenges and expand the crypto currencies as a whole, tech pioneers have created many new alternative currencies aka altcoins, each with its own blockchain....
In the case of an airdrop or a hard fork, where "free crypto money" is available, the hype is particularly high in advance. Unfortunately, many investors only find out too late or shortly before the actual event what possibilities there are to profit from it. After more than 20 Bitcoin...