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Showing posts with the label March 16

Peter Thiel: Bitcoin Will Be the 'One Online Equivalent to Gold'

He also struck a bullish tone on bitcoin in particular - versus other cryptocurrencies - suggesting that the largest cryptocurrency by market capitalization will maintain its position. "There will be one online equivalent to gold," he reportedly claimed, "and the one you'd bet on would be the biggest." Despite ... from Google Alert - cryptocurrency http://ift.tt/2HJpbkF via IFTTT http://ift.tt/eA8V8J

Plattsburgh, NY bans cryptocurrency mining, first US city to block practice

Electricity use among cryptocurrency miners ballooned to such an extent in January that Plattsburgh exceeded its power allotment and was forced to buy more to meet the city's needs, Vice's Motherboard reported. A single mining operation used 10% of the area's monthly budget in the first two months of ... from Google Alert - cryptocurrency http://ift.tt/2DA0iWl via IFTTT http://ift.tt/eA8V8J

US District Court And FTC Move Against Cryptocurrency Schemes

The federal court of Florida's southern district has upheld a Federal Trade Commission (FTC) request for a temporary restraining order against four individuals allegedly running cryptocurrency schemes. Thomas Dluca, Louis Gatto, Eric Pinkston, and Scott Chandler are associated in various capacities ... from Google Alert - cryptocurrency http://ift.tt/2Ix1JIL via IFTTT http://ift.tt/eA8V8J

Google and Facebook Banning Cryptocurrency Ads May Actually Be Good for Bitcoin

"This year, we updated several policies to address ads in unregulated or speculative financial products like binary options, cryptocurrency , foreign exchange markets and contracts for difference (or CFDs)," Scott Spencer, Google's director of sustainable ads, wrote in a blog post on March 14. The news ... from Google Alert - cryptocurrency http://ift.tt/2Iw7l67 via IFTTT http://ift.tt/eA8V8J

Bitmain's new $12K cryptocurrency miner might be useless by the time it ships

Bitcoin mining titan Bitmain has launched a new ultra-powerful cryptocurrency miner specifically designed for the CryptoNight hashing algorithm which powers privacy-oriented coins like Monero (XMR) and Bytecoin (BCN). But there is one massive problem: the device might be virtually obsolete by the ... from Google Alert - cryptocurrency http://ift.tt/2IvbwyT via IFTTT http://ift.tt/eA8V8J

US Authorities Halt Activities of Four Alleged Cryptocurrency Fraudsters

Investors were also convinced to invest in 'Bitcoin Funding Team' based on the impressive performance of the cryptocurrency in 2017, wherein its price saw value gains of nearly 1000% at its high point in January. They were to get back their entire principal after a few days and turn a payment of $100 ... from Google Alert - cryptocurrency http://ift.tt/2poaA6T via IFTTT http://ift.tt/eA8V8J

Welcome to the Wild World of Cryptocurrency Scams

Cryptocurrency has long been able to escape the grip of regulators, and even with numerous entities threatening to crack down, the decentralized ecosystem will always find a way to stay just out of reach. Although many tout this as a positive attribute, it tends to open up the market to scammers willing to ... from Google Alert - cryptocurrency http://ift.tt/2IvPs7h via IFTTT http://ift.tt/eA8V8J

Who owns all the Bitcoin? A few billionaire whales in a small pond

The recent correction didn't shake the biggest owners of cryptocurrency , however. A few crypto-whales are sitting on a stash of Bitcoin, Litecoin, and Dash worth billions of dollars, and they're not selling. Instead, most of them continue to buy, hoarding masses of cryptocurrency , gradually migrating Bitcoin ... from Google Alert - cryptocurrency http://ift.tt/2pl4Ydj via IFTTT http://ift.tt/eA8V8J

Ovato: The perfect cryptocurrency for earning rewards and loyalty points

All over the world, there is a massive wave of disruption happening in the major industries of the world. From transportation to finance and even the hospitality industry, talks about disruption are quickly becoming top of mind no matter the industry you are in. last year alone saw Bitcoin gain tremendous ... from Google Alert - cryptocurrency http://ift.tt/2Ix7h66 via IFTTT http://ift.tt/eA8V8J

France Warns of 15 Unauthorized Cryptocurrency Investment Platforms

France Warns of 15 Unauthorized Cryptocurrency Investment Platforms The Autorité des Marchés Financiers (AMF) issued a warning on Thursday regarding cryptocurrency platforms that have been blacklisted by the agency. The AMF is France's stock market regulator, an independent public body ... from Google Alert - cryptocurrency http://ift.tt/2pic5TK via IFTTT http://ift.tt/eA8V8J

Florida citrus IT manager tied to cryptocurrency mining

A Florida Department of Citrus employee is facing charges related to using the state agency's computers to mine for cryptocurrency . ( File photo ). A Florida Department of Citrus employee has been arrested on allegations of using state computers to mine for cryptocurrencies. The Florida Department of ... from Google Alert - cryptocurrency http://ift.tt/2GB3AeS via IFTTT http://ift.tt/eA8V8J

Four Alleged Cryptocurrency Fraudsters Temporarily Halted By Federal Court

In the wake of that accused deceptive advertising claim and other allegations of fraud by the FTC, the activities of four alleged cryptocurrency schemers today by the U.S. District Court for the Southern District of Florida. The FTC accused Thomas Dluca, Louis Gatto, Eric Pinkston of using Bitcoin Funding ... from Google Alert - cryptocurrency http://ift.tt/2pn6c8a via IFTTT http://ift.tt/eA8V8J

We Tested the New TREZOR Cryptocurrency Wallet: This Is What We Found

The new TREZOR model T, a hardware cryptocurrency wallet developed by SatoshiLabs, is the second generation of SatoshiLabs' popular TREZOR hardware wallet family. The Model T was announced in November 2017, on the ninth anniversary of Satoshi Nakamoto's Bitcoin white paper and made ... from Google Alert - cryptocurrency http://ift.tt/2IvykhO via IFTTT http://ift.tt/eA8V8J

US court halts activities of four people in cryptocurrency schemes

WASHINGTON (Reuters) - A federal court has halted the activities and frozen the assets of four people who allegedly promoted schemes falsely promising large returns for small payments of bitcoin and other cryptocurrencies, the Federal Trade Commission said on Friday. The FTC, which requested a ... from Google Alert - cryptocurrency http://ift.tt/2pn69t0 via IFTTT http://ift.tt/eA8V8J

FTC Shuts Down Promoters of Deceptive Cryptocurrency Schemes

At the request of the Federal Trade Commission, a federal court has halted the activities of four individuals who allegedly promoted deceptive money-making schemes involving cryptocurrencies. These schemes falsely promised that participants could earn large returns by paying cryptocurrency such as ... from Google Alert - cryptocurrency http://ift.tt/2IwnzMy via IFTTT http://ift.tt/eA8V8J

VOX

Get RevolutionVR price, charts, and other cryptocurrency info. from Google Alert - cryptocurrency http://ift.tt/2plrIKb via IFTTT http://ift.tt/eA8V8J

Microsoft: Illegal Cryptocurrency Mining an Increasing Threat

The increase in illegal cryptocurrency mining has actually caused a decline in the more traditional ransomware attacks and other forms of cyber crime. In their stead, cryptojacking has become a more prominent threat, draining victims' computing resources. Only a fraction of the websites that run such ... from Google Alert - cryptocurrency http://ift.tt/2Ixuxk3 via IFTTT http://ift.tt/eA8V8J

This year's SXSW was all about blockchain dreamers, cryptocurrency scammers, and everything in ...

Cryptocurrency , as a catch-all term, derives from the cryptography used to sign and record transactions on the blockchain — the technical foundation of digital currencies like Bitcoin and Ether. At SXSW this year, cryptocurrencies are far and away the hottest topic, vacuuming up billions of dollars in ... from Google Alert - cryptocurrency http://ift.tt/2FRb7VP via IFTTT http://ift.tt/eA8V8J

Bitcoin Miners No Longer Turning a Profit Creating Cryptocurrency

Miners' earnings have nearly halved this month from December due to a surge of interest in bitcoin mining, according to the report. The cost of mining bitcoin, accounting for factors such as the cost of equipment, electricity and other overhead costs such as maintaining cooling facilities, is about $8,038, ... from Google Alert - cryptocurrency http://ift.tt/2G2GG2b via IFTTT http://ift.tt/eA8V8J