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What is Crypto Mining?

Today, there are at least 1 million miners for Bitcoin alone. How is this all happening? What role is the miner playing? And how might this change the landscape of computing in the future?.....»»

Category: topSource:  techspotAug 18th, 2021

The Web3 industry lost billions to crypto fraud last year

Turns out Web3 backers aren't great at spotting fraud attempts......»»

Category: topSource:  theglobeandmailRelated NewsJan 6th, 2023

US bank Silvergate hit with $8bn in crypto withdrawals

The bank has had to sell $5.2bn in assets to cover two-thirds of its customers withdrawing their deposits......»»

Category: hdrSource:  bbcRelated NewsJan 6th, 2023

Sam Bankman-Fried pleads not guilty to fraud

'King of Crypto' Sam Bankman-Fried could face more than 100 years in prison if convicted......»»

Category: hdrSource:  bbcRelated NewsJan 4th, 2023

Crypto platform 3Commas confirms major API breach, FBI to investigate

Ten thousand API keys were leaked, with more to come, the attackers say......»»

Category: topSource:  theglobeandmailRelated NewsDec 30th, 2022

Is mining in space socially acceptable?

Traditional mining has been subject to a negative stigma for some time. People, especially in developed countries, have a relatively negative view of this necessary economic activity. Primarily that is due to its environmental impacts—greenhouse ga.....»»

Category: topSource:  pcmagRelated NewsDec 27th, 2022

FTX founder Sam Bankman-Fried’s top associates plead guilty to US charges

Feds say other execs are cooperating as crypto entrepreneur is extradited. Enlarge / FTX co-founder Sam Bankman-Fried is escorted out of the Magistrate's Court on December 21, 2022 in Nassau, Bahamas. (credit: Joe Raedle / Getty.....»»

Category: topSource:  arstechnicaRelated NewsDec 22nd, 2022

FTX boss Sam Bankman-Fried arrives in US to face charges

Two ex-associates plead guilty as the former "King of Crypto" is extradited from the Bahamas......»»

Category: hdrSource:  bbcRelated NewsDec 22nd, 2022

FTX boss Sam Bankman-Fried heads to US to face charges

Two ex-associates plead guilty as the former "King of Crypto" is extradited from the Bahamas......»»

Category: hdrSource:  bbcRelated NewsDec 22nd, 2022

Failing crypto could be a win for the environment

It's been a turbulent year for cryptocurrency. Crypto giant FTX is just the latest in a slew of bankruptcies, collapsing spectacularly after a run on the company and a mad scramble to recover customer assets. Once worth $32 billion, it now owes up to.....»»

Category: topSource:  physorgRelated NewsDec 21st, 2022

Moongate powers Taipei Blockchain Week with NFT-gated ticketing

Despite the recent fallout in the crypto industry and some of the negative connotations derived from speculations on non-fungible tokens (NFT), entrepreneurs and developers of the novel technology gathered last week at the Taipei Blockchain Week to s.....»»

Category: itSource:  digitimesRelated NewsDec 19th, 2022

Singapore"s crypto ambitions shaken by FTX collapse

Users call for more regulation after state fund writes off investment in fallen cryptocurrency exchange......»»

Category: hdrSource:  bbcRelated NewsDec 19th, 2022

Mapping the middle ground: Balancing mining activities with survival of Utah"s rare plants

It can be easy to assume that the vast stretches of desert in southeastern Utah and southwestern Colorado are mostly barren landscapes—but in truth, the sagebrush-strewn Colorado Plateau is awash with treasure......»»

Category: topSource:  physorgRelated NewsDec 16th, 2022

After the FTX chaos, is crypto down and out after a torrid 2022?

If Bitcoin was a boxer it would be on its back on the canvas. It is down but is it out?.....»»

Category: hdrSource:  bbcRelated NewsDec 16th, 2022

Microsoft bans cryptomining in Azure

Microsoft Azure will only allow mining for crypto if written permission is granted by the company......»»

Category: topSource:  pcmagRelated NewsDec 15th, 2022

Why Tom Brady, David Ortiz, Jimmy Fallon and other celebrities are getting sued over crypto

With the implosion of Sam Bankman-Fried's FTX dominating the headlines, celebrities who hawked cryptocurrency are now finding themselves under fresh legal scrutiny......»»

Category: topSource:  cnnRelated NewsDec 14th, 2022

Attempts to stop the tide of destruction against nature will fail without Indigenous leadership, say researchers

At the crucial COP15 nature summit in Canada, almost 200 countries are reckoning with the world's extraordinary loss of the variety of life. Climate change, mining, urban development and more are threatening Earth's biodiversity to an extent never be.....»»

Category: topSource:  physorgRelated NewsDec 14th, 2022

Hong Kong markets watchdog warns of cryptocurrency platform risks

It comes after the founder of the failed crypto exchange FTX was arrested and charged with fraud......»»

Category: hdrSource:  bbcRelated NewsDec 14th, 2022

FTX crypto boss Sam Bankman-Fried denied bail in Bahamas

Sam Bankman-Fried is accused of a huge scheme to defraud investors in failed crypto exchange FTX......»»

Category: hdrSource:  bbcRelated NewsDec 14th, 2022

Sam Bankman-Fried arrested in Bahamas, charged with “massive” crypto fraud in US

FTX founder charged with fraud, money laundering, campaign finance violations. Enlarge / Sam Bankman-Fried testifies during a House Financial Services Committee hearing on December 8, 2021. (credit: Getty Images | Tom Williams).....»»

Category: topSource:  arstechnicaRelated NewsDec 13th, 2022

US charges Sam Bankman-Fried with defrauding investors

He is accused of "orchestrating a scheme" to defraud investors in failed crypto exchange FTX......»»

Category: hdrSource:  bbcRelated NewsDec 13th, 2022