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Abstractism Pulled from Steam after Allegations of Mining Monero
Abstractism, a simple platform based game, was pulled from the Steam Store on July 30, 2018, after allegations that the game was mining cryptocurrencies on players computers. The Whistleblower The game is a basic platformer meant to encourage relaxation during gameplay. дальше »
2018-8-2 23:00 | |
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No more Electricity Supply to Bitcoin Miners for now – Franklin PUD
Franklin Public Utility District (PUD), local electricity providers in the rural areas of Franklin County, Washington, announced on July 29, 2018, that they will suspend the supply of electricity to bitcoin miners in the city till further notice, in order to review the impact of bitcoin mining operations on the electricity system. дальше »
2018-8-1 05:00 | |
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Plattsburgh Pushes back against the Crypto Miners, again
Cheap energy prices are sending crypto miners to the U. S. -Canadian border, turning hydropower into hash power, but the authorities are beginning to fight back. Taking Advantage of the Public Utilities Plattsburgh, a small town on the North American border has become ground zero for crypto mining. дальше »
2018-7-31 21:30 | |
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Cryptocurrency Mining Firm Founder Swindles $35 Million of Investor Funds after Citing Low Profitability and Rising Expenses
The founder of a Vietnamese cryptocurrency firm has allegedly fled after swindling investors to the tune of millions, as reported by VNExpress on July 29, 2018. Millions Stolen Investors and board members of the Ho Chi Minh City-based mining company, Sky Mining, are claiming to be victims of a fraud case after the company’s founder, Le Minh Tam, went missing. дальше »
2018-7-31 09:00 | |
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Cryptocurrency Mining Firm Founder Swindles $35 Million of Investor Funds After Citing Low Profitability and Rising Expenses
The founder of a Vietnamese cryptocurrency firm has allegedly fled after swindling investors to the tune of millions, as reported by VNExpress on July 29, 2018. Millions Stolen Investors and board members of the Ho Chi Minh City-based mining company, Sky Mining, are claiming to be victims of a fraud case after the company’s founder, Le Minh Tam, went missing. дальше »
2018-7-31 09:00 | |
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4NEW Gives “Shitcoin” New Meaning by Converting Waste into Energy
4NEW, a new blockchain-based eco-friendly ecosystem, is giving the term “Shitcoin” a whole new meaning. While traditionally a term given to tokens with no viable worth and/or vaporware, 4NEW is changing the connotation of “Shitcoin” by taking waste and converting it into electricity that is then used to mine tokens. дальше »
2018-7-27 05:00 | |
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Central City Rockdale Reinvents Itself from Mining Coal to Mining Bitcoin
Rockdale, a town in central Texas, has made headlines due to plans of converting their town from mining coal, into mining bitcoin according to local reports on July 20, 2018. Bitmain Invades, Again In a post-industrial society, many areas that relied on the extraction of raw resources such as coal are beginning to face an economic struggle. дальше »
2018-7-27 01:00 | |
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Before Launching its IPO, Bitmain Raises Another $1 Billion in Funding
The world’s biggest mining conglomerate Bitmain announced the digital currency mining giant wants to gather $1 billion in funding before launching its IPO according to Chinese media outlet Toutiao. дальше »
2018-7-26 21:00 | |
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Monero Mining Strikes Again: Drupal Systems at Risk
On July 23, 2018, cybersecurity website Security Intelligence reported that several companies and software users remain susceptible to the infamous “Drupalgeddon virus,” despite Drupal Security Labs releasing a software patch in March 2018 to fight the vulnerability. дальше »
2018-7-25 06:00 | |
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Hashflare Announces Bitcoin Contract Shutdown due to Unsustained Mining Profitability
Hashflare, a popular cloud mining service, has recently announced the total shutdown of its service and cancellation of all Bitcoin mining contracts according to a Facebook post from July 20, 2018. дальше »
2018-7-24 20:00 | |
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Vietnam “Temporarily Suspends” Import of Cryptocurrency Miners
The cryptocurrency industry in Vietnam is going through a rough phase. More than two months after a big scam scandal gotten the attention of the country’s government, the Vietnamese Central Bank is now following the government recommendations and has agreed shut down all support for cryptocurrency mining equipment imports. дальше »
2018-7-21 21:00 | |
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Bitmain Looks to Expand their Development Center in Israel; Opens Shop in San Jose, California
Bitmain, the Chinese Bitcoin mining giant currently valued at $12 billion, is looking to expand their Development Center in Israel and recruit more than 40 people. The new round of recruitment will triple the current number of employees at the Ra’anana center based on July 2018 reports. дальше »
2018-7-21 22:00 | |
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Amidst Bear Market, Crypto Miners Repurpose Mining Equipment
A growing number of cryptocurrency miners are finding other ways to put their equipment to use as depressed digital asset prices make it increasingly difficult to stay afloat in the market. This is the theme of a special report in the Los Angeles Times July 17, 2018, which outlines amongst other things, how a surplus in computing power is making crypto. дальше »
2018-7-20 13:00 | |
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Block.one Announces End of Funding Round, Bags Peter Thiel and Bitmain
In a blog post published on July 16, 2018, Block. one announced that it successfully managed to secure funding from some private organizations and individuals. The company is best known for its EOS blockchain platform that had its mainnet launch in June 2016. дальше »
2018-7-19 21:00 | |
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SEC Stops Kodak-Branded “KashMiner” Bitcoin Mining Scheme
The U. S. Security and Exchange Commission (SEC) has put a stop to a Kodak-branded cryptocurrency mining scheme including a Kodak KashMiner device, the company confirmed on July 16, 2018. The KashMiner “Scam” Spotlite USA, the company behind the product, first put the bitcoin mining computer named Kodak KashMiner on display at the Kodak booth at the Consumer Electronics Show (CES). дальше »
2018-7-19 20:00 | |
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PoWx’s Optical Proof of Work May Solve two of Bitcoin’s Biggest Problems
With bitcoin becoming more competitive, a new organization looks to bring decentralization back to mining by renovating the Proof of Work (PoW) consensus algorithm that some miners have come to love. дальше »
2018-7-18 19:00 | |
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Cryptocurrency Mining Malware Affects League of Legend Gamers in the Philippines
Players of the widely popular game League of Legends (LoL) in the Philippines faced a predicament after a significant cryptocurrency mining malware came to light on July 11, 2018. Garena+ Client Causes Havoc Daily eSports detailed the latest instance of the widespread mining attack, a first-of-its-kind. дальше »
2018-7-15 16:30 | |
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Bitcoin Mining Made Accessible with BitMOR
According to Argus Leader, a local South Dakota news site, BitMOR is a new cryptocurrency mining company that sells mining equipment and service to locals interested in mining cryptocurrencies. BitMOR is considered one of the first cryptocurrency mining businesses located in South Dakota. дальше »
2018-7-13 18:00 | |
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Google Co-Founder Sergey Brin is Mining Ethereum with His Son
Sergey Brin, the co-founder of tech giant, Google, and one of the richest people in the world, said on July 8 that he is mining Ethereum’s token, ether. Brin’s Interest in Ethereum Brin, who is also the president of Alphabet, Google’s parent company, made the revelation at the Blockchain Summit held at Sir Richard Branson’s Necker Island. дальше »
2018-7-12 05:00 | |
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One Million PCs “Cryptojacked” in China as Hackers Make $2 Million Worth of Digibyte, Siacoin, and Decred
The largest cryptojacking breach, in terms of sheer scale, came to light in China after local authorities identified a group of hackers who ran an illicit mining operation for over two years. Largest Cryptojacking Breach On July 9, 2018, local news Legal Daily reported a massive cryptojacking spree of a group in China’s Dalian city after suspicious activities pointed to. дальше »
2018-7-12 04:00 | |
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