Saturday, May 18, 2024

News

IoT Devices Demonstrated to be Vulnerable to Mining Hack at Mobile World Congress

Vulnerable IoT devices, from smartphones to security cameras and smart TVs can be hijacked and used mine cryptocurrencies, cybersecurity firm Avast demonstrated this week at the Mobile World Congress in Barcelona,...

Mexican Youtuber Arrested Over Bitcoin Ransom Kidnap

A motivational Youtuber from Mexico has been arrested over the alleged kidnapping of Thania Denisse, a 33-year-old lawyer. Germán Loera is thought to have led a gang of five to kidnap the...

Cryptocurrency Proving a Popular Means of Payment for Real Estate

Cryptocurrency payments appear to be finding a niche within the real estate industry. There are already several documented examples of people wishing to trade a property in exchange for digital currency....

Australia: Two Bureau of Meteorology Employees Questioned About Cryptocurrency Mining

Wednesday of last week, the Australian Federal Police (AFP) executed a search warrant at the Bureau of Meteorology in Melbourne. According to ABC, people familiar with the raid said two employees...

Mt. Gox Trustee Sell-Off Triggers Another Bitcoin Price Drop to $8,300

Cryptocurrency enthusiasts will have noticed all markets are getting battered. Volatility is an integral part of this industry, but the reason for the current sell-off is triggered by something else entirely....

Ex-Goldman Sachs Banker Creates First Crypto Repo Platform in Collaboration With Exchange Changelly

Alex Grebnev, a former banker at Goldman Sachs, is creating a platform that will permit traders to deal more comprehensively with cryptocurrencies. The platform, called Oxygen, intends to target private and institutional...

Cloud Moolah Is Changing How Game Developers Monetize by Leveraging the Blockchain

Gaming is one of the fastest-growing industries in the world.Back in the mid-2000s, pursuing a career in game development was considered a second-place trophy compared to mainstream entertainment. Most people didn’t...

Massive Increase in Mining Malware Reported by Security Firms

In separate reports, security firms have confirmed a massive uptick in websites running mining software both purposely and without their knowledge.Sites Looking to Boost RevenueThe security vendor Cyren monitored half a million...

Scandinavian Bitcoin Dealer Struggles to Find Banking Partners

One of Northern Europe’s largest Bitcoin dealers is finding the lack of regulation surrounding cryptocurrency a hindrance to their business model. Prasos Oy has systematically burned through all but one of...

Portuguese Traditional Shoemaker Accepts Bitcoin, Merchant Adoption Rises

Tiago Máximo, a Portuguese shoemaker, is the owner of a small boot shop in Barcelona, Spain. His traditional handcraft method, inspired by his family ancestors in rural Portugal, contrasts with his sophisticated...

Style Hunter