With all eyes on the Lightning Network, bitcoin developer Laolu is working on a technology which takes fraud watching off the hands of users. Source:..
Tesla, the automotive company, was the victim of a cryptojacking attack as their Amazon cloud account was compromised and used to mine cryptocurrency. Even the largest and most technologically advanced companies can be vulnerable to being hacked. Case in point is the pioneering electric car company, Tesla, owned by tech billionaire Elon Musk. They were recently the target of a cryptojacking attack that saw their Amazon cloud account compromised and used to mine cryptocurrency. Security Not up to Snuff A hacker, or group of hackers, hijacked an IT administrative console belonging to Tesla that had no password protection. The cybercriminals then used sophisticated scripts to begin mining for cryptocurrency. The hack was discovered by RedLock, a cybersecurity firm. Apparently, researchers for RedLock were tracking down which groups had left their Amazon Web Services credentials openly exposed on the internet. One of the groups that..
Venezuelan president Nicolas Maduro claimed Tuesday that a presale for the country's national cryptocurrency netted $735 million on its first day. Source:..
The ICO TokenHome is a real-estate development for the purchase and rental of tourist units in the province of Malaga, Spain. Malaga, Spain, February 14, 2018, Real Estate Investing has always been a preferred method of increasing one’s wealth. The problem has always been that most people do not have the required amount of money to even start. All that is changed thanks to the new real estate investment platform being launched by TokenHome in a short while. Gone will be all the drawbacks of doing mainstream real estate deals. Forget about the fees, no more. Use of smart contracts on the blockchain means that no one person or entity can alter these contracts. Everything is transparent, if it is included in the smart contract, it will automatically be carried out. Imagine, Real Estate Investing with no minimum entry price. Invest as low as 500 EUR if desired. TokenHome will Invest in the best tourist areas in Malaga, Spain, with close..
An upcoming Bitcoin Core software release is finally making it easier to use a code change called SegWit in the software's standard wallet. Source:..
A bipartisan group of US lawmakers is calling for the regulation of cryptocurrencies, prompted by the ‘increasing risks’ they see in the growing popularity of crypto globally. A bipartisan movement of US lawmakers are considering forming new legislation to regulate cryptocurrencies, prompted by the increasing interest – and therefore risk – in cryptocurrency worldwide, according to Reuters. There is currently no singular body in charge of overseeing cryptocurrencies in the US– the responsibility is instead divided between individual states, the US Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the Treasury Department, and the Federal Reserve. The SEC and the CFTC did hold a joint hearing on Feb. 6 on their roles in cryptocurrencies, Blockchain technologies, and Initial Coin Offerings (ICO). The general conclusion was that the two..
What makes a nocoiner a nocoiner is not simply the absence of cryptocurrency from his investment portfolio, but his sanctimonious attitude about it. Source:..
The FCC has officially warned Brooklyn resident Victor Rosario about the “harmful interference” of his BTC miner on T-Mobile’s broadband network. The U.S. Federal Communications Commission (FCC) has sent an official notice, dated Feb. 15, to a resident of Brooklyn, New York, Victor Rosario, citing that his Bitcoin (BTC) miner was causing harmful interference to T-Mobile’s broadband network. The “Notification of Harmful Interference” stated that the device was “generating spurious emissions on frequencies” for T-Mobile’s network. Continued use of his Antminer s5 Bitcoin Miner in a way that caused harmful interference would be breaking federal laws subject to penalties, “including, but not limited to, substantial monetary fines, ‘in rem’ arrest action to seize the offending radio equipment, and criminal sanctions including imprisonment.” The notice contains a..
A Chicago trader is facing up to 20 years in prison for stealing over $2 million in Bitcoin and Litecoin cryptocurrency from his employer. Most 24-year-olds would be quite happy to be attached to a new cryptocurrency unit for a major financial entity. That’s not a bad career path for someone who previously worked as a cryptocurrency trader in South Korea before joining Consolidated Trading LLC to become an assistant bond trader in July 2016. A new department looking to dive into the burgeoning crypto world is a great stepping stone for moving up. That is unless that person is a degenerate gambler. Such is the case of Joseph Kim, who stole over $2 million in Litecoin and Bitcoin cryptocurrency from his employer. Stealing Begins Almost Immediately The cryptocurrency group was created by Consolidated in September 2017, and Joseph Kim joined the unit sometime during that month. He had his own personal cryptocurrency accounts, which he..