Cryptojacking Up 629% in Q1 2018, Says McAfee Report

Cryptojacking malware activity rose a staggering 629 percent in the first quarter of 2018, according to a new report published by cyber security firm McAfee Labs June 27. Cryptojacking is the practice of using a computer’s processing power…
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Bitcoin Price Watch: BTC/USD Broke Key Support

Key Points Bitcoin price broke down and cleared a major support near the $6,000 level against the US Dollar. Yesterday’s highlighted declining channel with support at $5,950 was breached on the hourly chart of the BTC/USD pair (data feed…
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Few Ontarians Hold Crypto, Shaky Understanding of Fundamentals, Regulations

Five percent of Ontarians own some form of “cryptoasset” according to a June 28 study from Canadian provincial financial regulator the Ontario Securities Commission. The study also found that while awareness of cryptocurrencies and digital…
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“We’ll help you pay for everything with Crypto” – An Interview with Co-Founder of Crypterium

“Cryptocurrencies have become a must-have attribute of a modern person,” says Vladimir Gorbunov, co-founder of Crypterium. Yet, they don’t have much use beyond trading and investment. How can we turn cryptocurrencies into real money that…
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Bitcoin’s Lightning Network Still Unsuitable for Large Payments, Research Suggests

A recent report published by cryptocurrency research firm Diar suggests that Bitcoin’s Lightning Network, a second-layer solution touted as the answer to the cryptocurrency’s scalability problem, is still unsuitable for large payments. According…
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Sacramento Kings Become First Sports Team to Mine Crypto

Ever ready to embrace technology, the Sacramento Kings announced yesterday that they are launching an initiative called MiningForGood to mine for Ethereum. The team will work with MiningStore.com to install the necessary hardware at their high…
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Mastercard Wins Patent for Anonymous Blockchain Transactions

Financial services giant Mastercard was awarded several new blockchain patents this week, continuing its trend of embracing distributing ledger research even as it expresses open hostility to bitcoin and other cryptocurrencies. However, one…
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Hong Kong Regulators to Remain Vigilant on Cryptocurrency

Hong Kong’s Securities and Futures Commission (SFC) has released its annual report in which it states the commision will continue to monitor the cryptocurrency market and step in with penalties when it needs to. SFC Will Remain Vigilant The…
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Crypto Downtrend Expected Amid Low Volume, What Can Push Bitcoin to All-Time High?

Since June 25, for three straight days, the cryptocurrency market has remained relatively stable around the $250 billion region, struggling to initiate any movement on both the upside and downside. The volume of bitcoin remains low at $3.2…
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Bitcoin Price Moved by ‘Silent Majority,’ Not Twitter ‘Thought Leaders’

The louder they are, the less influence they have. This seems to be the conclusion drawn by Feng Mai, a researcher at the New Jersey-based Stevens Institute of Technology, after conducting a study investigating the influence of social media…