Category Archives: cryptocurrencies

Could Crypto Mining Provide a Low Cost Heating Solution? These Two Inventors Think So – NEWSBTC

People living in colder countries will know the dread of the heating bill’s arrival all-too-well. However, two enterprising men from Siberia have figured out a way to not only heat their home for free but to actually make money out of it. Using the heat generated from cryptocurrency miners, the… Read more »

Malicious Actors Hack Android Apps to Mine Cryptocurrencies

With Bitcoin price at an all-time high, a seemingly unquenchable thirst for cryptocurrencies brings a dark side to the industry. Researchers this week discovered hidden code that secretly mines coins on Android devices from apps in Google Play. Security Company Trend Micro revealed in a blog post on Monday that… Read more »

New JavaScript Monero Miner Released as More Sites Begin to Mine Coins

A new JavaScript Monero miner project called Crypto-Loot was launched recently. This new JavaScript Monero miner is a competitor to Coinhive, a mining service which originated from a German image board. These cryptocurrency miners run inside of web browsers when a user navigates to a page which loads and runs… Read more »

Russia to Create Laws to Regulate Cryptos

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Russian President Vladimir Putin has ordered the government to create laws governing the status of bitcoin, other cryptocurrencies, mining, ICOs, as well as defining everything that relates to digital money by July 2018, according to the Kremlin. The miners of bitcoin, ethereum, and other virtual currencies will have to register… Read more »

Russia to Issue First State-Backed Cryptocurrency ‘CryptoRuble’

October 17, 2017 · 3:45 pm Russia has announced plans to launch a nationalized cryptocurrency called CryptoRuble, citing competitive advantage by being the first of its kind in Europe, and as state-controlled digital money in the light of an increasingly digital economy. Russia has announced, via communications Minister Nikolay Nikiforov,… Read more »

Research Shows Half a Billion People Are Mining Cryptocurrencies Without Knowing It

Mining The company behind the ad blocking program Adguard has analyzed the most popular 100,000 websites for cryptocurrency mining scripts. They found that over 500 million people have been mining cryptocurrencies and “they have no idea it is happening.” Each website running the script earns an estimated $43,000 within the… Read more »

Big Name Investors Voicing Bitcoin Optimism Are Louder Than Negative Colleagues

Bitcoin’s price is on a tear in 2017, and it’s hard not to notice the decentralized currency’s spectacular run this year. As the value climbed to new heights this October, surpassing $5800 per BTC across global exchanges, many well-known investors have stated this month that they believe bitcoin’s future will… Read more »

Cryptoeconomic Security Conference Day 1 Recap

From Oct 2-3, 2017, Blockchain at Berkeley is hosting the first Cryptoeconomic Security Conference. Day one was filled with discussions of consensus algorithms, mining incentives, and potential scaling solutions. At 9:00 p.m., the day began with a heartfelt keynote speech from Jae Kwon, founder and CEO of Tendermint/Cøsmos. Kwon preached the… Read more »

The Pirate Bay May Be Ditching Ads in Favor of JavaScript Monero Mining

One of the world’s largest torrent sites is testing a new way to generate revenue that doesn’t include advertisements. On certain pages accessed on The Pirate Bay, such as search results and categories, the JavaScript for a Monero miner loads silently in the background and uses the site visitor’s spare… Read more »

Transnistria Could Become the Next Major Bitcoin Mining Hub

Bitcoin is an interesting contraption which is both loved and hated all over the world. There is no better example of this love-hate relationship than in the case of the former Soviet Union. With so many conflicting news pieces coming out of that region alone, plenty of drama abounds. Transnistria, a… Read more »