cryptocurrency

Bitcoin aims for eBay and Wikipedia

Bitcoin aims for eBay and Wikipedia

News of eBay's switch from Paypal sent both stocks reeling at the tail end of January 2018 - now there's word that eBay's new partner might be their key to Bitcoin. The auction site teamed up with payment service Adyen, replacing for the first time their primary payment company since Paypal was acquired in 2002. Adyen, in turn, at one point partnered with BitPay to accept cryptocurrency payments.

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Telegram flaw targets crypto users with Russian miners

Telegram flaw targets crypto users with Russian miners

A new flaw in Telegram messaging - and quite possibly in other platforms as well - flips the text in a file share to mislead users. This flipped bit of text suggests that the user is being sent an image file, for example - but in reality, the file is anything but. In an example given this morning by the folks at Kaspersky Lab at Secure List, a user might send a PNG file, but when it's accessed, it becomes an executable javascript file - of the malicious sort.

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Bitcoin price just rebounded 50%: Watch the bounce

Bitcoin price just rebounded 50%: Watch the bounce

Over the weekend the price of Bitcoin rambled its way up to over $9k, coming up on a set of stairs from its recent plunge below $7,500 just this past week. That's quite a drop below its nearly-$20k high in December of 2017 - and it looks a whole lot like chaos to most users that haven't been paying close attention to the market past a half year ago.

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US, UK government websites infected by cryptomining malware

US, UK government websites infected by cryptomining malware

Governments originated from the need to not only govern but also protect citizens, though some will probably dispute how much that still applies today. It is with a bit of irony, then, that some government websites have become unwilling, not to mention unknowing, vehicles to actually harm their own citizens. It has just recently come to light that thousands of websites, including those run by US and UK governments, have become infected by cryptocurrency mining malware, causing anyone who visits those sites to generate money for still unidentified miscreants.

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Nvidia: trying to meet gaming GPU demand, but making lots of money on crypto mining

Nvidia: trying to meet gaming GPU demand, but making lots of money on crypto mining

During an earnings call with investors earlier this week, graphics card maker Nvidia acknowledged that the growing cryptocurrency mining boom has resulted in a significant revenue increase for their latest quarter, but also promised that it would remain aligned with the gaming market. For its quarter that ended on January 28th, Nvidia says its GPU business accounted for $2.46 billion of the record $2.91 billion in revenue it made.

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Bitcoin price up despite EU supervision talk

Bitcoin price up despite EU supervision talk

The European Union is updating its currency safeguards to encompass bitcoin risk, warning that cryptocurrencies are being considered "very risky" assets and are likely to come under increased scrutiny. It's the latest sign of traditional players in world finance looking more closely at virtual currencies and raising the possibility of increased regulation, something bitcoin enthusiasts have often been reluctant to embrace.

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Bitcoin mining gets Russian nuke scientists arrested

Bitcoin mining gets Russian nuke scientists arrested

The current cyptocurrency craze we find ourselves waist-deep in is beginning to make its way into every day life. Graphics card prices are through the roof, mainstream news outlets are covering the volatility of Bitcoin, and now it appears that even Russian nuclear scientists are getting in on the action. Unfortunately for them, it seems they didn't really plan out their cryptocurrency mining scheme all that well.

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Crypto taxes time: IRS has Coinbase in its sights

Crypto taxes time: IRS has Coinbase in its sights

The Internal Revenue Service (IRS) is ramping up an investigation of the ways and means with which citizens of the USA hide their cash for tax season. Their primary target right this minute: Bitcoin and other cryptocurrencies. This investigation is currently aiming at Coinbase, the biggest brand in buying Bitcoin for USD - and a primary source for many millions of dollars in cash exchanged for code.

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Bitcoin price on the rise, but something strange is afoot

Bitcoin price on the rise, but something strange is afoot

Today the price of Bitcoin seems to be continuing its rebound from around $7k, but something strange is happening at the same time. Previous recent vertical movements of the most popular coin in the cryptocurrency universe meant altcoins (all other coins, for the most part) were going to take a dive. In this case, it seems that a whole lot of altcoins are rising at the same time as Bitcoin.

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Bitcoin price rebounds to $8k, obeys no master

Bitcoin price rebounds to $8k, obeys no master

This morning it seemed pretty bad for cryptocurrency investors and traders - the price of Bitcoin hit a low not seen for months. Here in the afternoon, though, the price of a single Bitcoin is back up to $8k. What can we take from this quick rebound to higher places? We've learned one thing, and one thing only: Bitcoin obeys no master, neither human nor machine. Nay, Bitcoin is its own monster, and it is wild.

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Bitcoin price in flux as Senate Committee goes LIVE

Bitcoin price in flux as Senate Committee goes LIVE

Running right now is a very important hearing before a Senate Committee about the current state of Virtual Currencies. This hearing is taking place on February 6th, 2018, and it's begun at 9:54am EST. Today we've got commentary on several parts of this committee hearing, and we'll have video of the whole hearing as soon as possible. You can also watch live along with us as we continue to bring you commentary the whole way through.

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Bitcoin price rises as the stock market falls

Bitcoin price rises as the stock market falls

This afternoon the stock market - according to the Dow Jones industrial average - plummeted at an extraordinary rate. At the same time, Bitcoin seemed to have the drop-down fever as well. While the price of cryptocurrencies in general didn't seem to suffer quite as bad as Bitcoin, it wasn't a particularly pretty day for investors in any camp. Unless they shorted every market, of course. In the late afternoon a trend emerged - as the stock market fell, the cryptocurrency market rose.

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