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Showing posts with the label February 20

Petro Debut: What We Learned About Venezuela's Cryptocurrency Today

The government of Venezuela published several guides Tuesday in support of the presale for its "petro" cryptocurrency . Announcing the oil-backed token as a form of legal tender that can be used to pay taxes, fees and other public needs, the Venezuelan government outlined its plans and expectations ... from Google Alert - cryptocurrency http://ift.tt/2EGU8J3 via IFTTT http://ift.tt/eA8V8J

Scammers are tricking people to log into fake cryptocurrency exchange sites, and they're incredibly ...

As seen in the cryptocurrency subreddit, scammers have found a way to make their website addresses (URLs) look just like the authentic URLs of some popular cryptocurrency exchange sites, like Binance and Bittrex. Unfortunately for the unsuspecting crypto trader, using your login credentials on a ... from Google Alert - cryptocurrency http://ift.tt/2Cx8Kot via IFTTT http://ift.tt/eA8V8J

Bitcoin's bouncing back, here are the next big catalysts for the cryptocurrency

Not only did Wyoming on Monday pass a bill relaxing securities law for some tokens, the South Korean government, which had previously vowed to crack down on cryptocurrency trading, said it would "support" and even "encourage" crypto operations so long as they were "normal" transactions. from Google Alert - cryptocurrency http://ift.tt/2EQnzIf via IFTTT http://ift.tt/eA8V8J

Someone hacked a Tesla cloud account to mine cryptocurrency

The report leaves some big questions unanswered, such as what mining software was used and what cryptocurrency was being mined. In the past, Coinhive has made a lot of news for mining Monero — the preferred cryptocurrency of criminals as it is seen to offer more anonymity than Bitcoin — on ... from Google Alert - cryptocurrency http://ift.tt/2BHy6n9 via IFTTT http://ift.tt/eA8V8J

Tesla cloud resources are hacked to run cryptocurrency-mining malware

Add Tesla to the legion of organizations that have been infected by cryptocurrency -mining malware. In a report published Tuesday, researchers at security firm RedLock said hackers accessed one of Tesla's Amazon cloud accounts and used it to run currency-mining software. The researchers said the ... from Google Alert - cryptocurrency http://ift.tt/2EGFNMT via IFTTT http://ift.tt/eA8V8J

Venezuela puts 'Petro' cryptocurrency up for pre-sale

On Tuesday, the Venezuelan government launched a pre-sale of "Petro," a new cryptocurrency backed by the country's oil reserves. The aim of Petro is to raise foreign investment in the socioeconomically struggling Venezuelan economy, which has resulted in rampant inflation, food and medicine ... from Google Alert - cryptocurrency http://ift.tt/2BIXIzE via IFTTT http://ift.tt/eA8V8J

Venezuela launches oil cryptocurrency

Venezuela has launched a cryptocurrency in an attempt to bypass tough economic sanctions imposed by the US government. The "Petro" is intended to bolster the country's crumbling economy, which has been suffering from hyperinflation and devaluation for years. Venezuela claims it is the world's first ... from Google Alert - cryptocurrency http://ift.tt/2EH30KT via IFTTT http://ift.tt/eA8V8J

Tesla's cloud was used by hackers to mine cryptocurrency

Tesla's cloud account was hacked and used to mine cryptocurrency , according to a security research firm. Hackers gained access to the electric car company's Amazon cloud account, where they were able to view “sensitive data” such as vehicle telemetry. The researchers, who work for cybersecurity ... from Google Alert - cryptocurrency http://ift.tt/2oe90o7 via IFTTT http://ift.tt/eA8V8J

A New Cryptocurrency Just Came Out That's as Bold as Bitcoin (but Probably Not a Good Investment)

The government of Venezuela launched the pre-sale of its national cryptocurrency , the Petro, officially on Tuesday. The Ethereum-based token will be similar to numerous other ERC20 tokens running on the Ethereum network that have launched via hyped initial coin offerings (ICOs) in recent months. from Google Alert - cryptocurrency http://ift.tt/2EDDB4J via IFTTT http://ift.tt/eA8V8J

South Korea's Cryptocurrency Regulator Found Dead at Home

South Korea, a key market for cryptocurrency trading where as much as one-fifth of trading occurs, has in many ways been at the forefront of the regulatory charge. The government has responded to the fact that the South Korean won is one of the leading physical currencies for bitcoin trading, lagging ... from Google Alert - cryptocurrency http://ift.tt/2FhGBVC via IFTTT http://ift.tt/eA8V8J

Venezuela launches the 'petro,' its cryptocurrency

CARACAS, Venezuela — Crisis-ridden Venezuela is launching an oil-backed cryptocurrency Tuesday that it hopes will help circumvent U.S. financial sanctions and resurrect the country's moribund economy. The pre-sale of the “petro,” which will represent a barrel of crude from a specific division in the ... from Google Alert - cryptocurrency http://ift.tt/2C7Bics via IFTTT http://ift.tt/eA8V8J

A Cryptocurrency Pioneer Just Issued a Huge Word of Caution for Investors

If this sounds overly cautious, consider the recent insights of someone who you might otherwise assume is a true believer in cryptocurrencies: Vitalik Buterin, the co-founder of the cryptocurrency Ethereum. Over the weekend, Buterin sent out a Tweet reminding everyone that “cryptocurrencies are still a ... from Google Alert - cryptocurrency http://ift.tt/2okXRBd via IFTTT http://ift.tt/eA8V8J

Coinbase to bring cryptocurrency to Wall Street

6 Jul 2015 Wall Street's 3 biggest bitcoin investors have one thing in common: the instinct to survive "They are investing for monetary reasons," said David Berger, the founder of CEO of New York City-based Digital Currency Council, a cryptocurrency association that offers certifications to bitcoin ... from Google Alert - cryptocurrency http://ift.tt/2EEyJwb via IFTTT http://ift.tt/eA8V8J

Tesla's Amazon cloud account was hacked and used to mine cryptocurrency

Tesla's Amazon Web Services account was hacked to mine cryptocurrency , Fortune first reported. The hack, which was brought to Tesla's attention by the cybersecurity startup RedLock, also reportedly exposed some of Tesla's proprietary data related to mapping, telemetry, and vehicle servicing. from Google Alert - cryptocurrency http://ift.tt/2olOD7B via IFTTT http://ift.tt/eA8V8J

Venezuela launches presale of state-backed 'petro' cryptocurrency

Venezuela on Tuesday launched a presale of its cryptocurrency , the petro, in a highly controversial offering in which the embattled South American country is seeking to raise billions of dollars. The presale of the coins that will be backed by Venzeuala's vast oil reserves was announced by Tareck El ... from Google Alert - cryptocurrency http://ift.tt/2C91S50 via IFTTT http://ift.tt/eA8V8J

Venezuela tries a cryptocurrency to solve its economic crisis

The U.S. Treasury Department warned in January that investors who buy the cryptocurrency "may be exposed to U.S. sanctions risk." In August, the Trump administration hit the Maduro regime with financial sanctions that prevent any bondholders with business in the United States from buying new ... from Google Alert - cryptocurrency http://ift.tt/2olOz7R via IFTTT http://ift.tt/eA8V8J

Will anyone buy Venezuela's petro cryptocurrency?

The South American country is due to launch a first phase of its state-created cryptocurrency today (Feb. 20), and President Nicolas Maduro's government has said the “petro” will help Venezuela raise cash despite sanctions. Venzuelan officials say they expect support from investors in the likes of Qatar ... from Google Alert - cryptocurrency http://ift.tt/2GqVkwL via IFTTT http://ift.tt/eA8V8J

Tesla's Cloud Hacked, Used to Mine Cryptocurrency

Hackers infiltrated Tesla's cloud environment and stole computer resources to mine for cryptocurrency , according to the security firm RedLock. According to a report released on Tuesday detailing cloud security threats, RedLock's Cloud Security Intelligence team—yes, it's CSI team—notified Tesla of the ... from Google Alert - cryptocurrency http://ift.tt/2HxUlwf via IFTTT http://ift.tt/eA8V8J