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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

New FTX boss condemns crypto exchange"s failure

John Ray says there was a "complete absence of trustworthy financial information" at the company......»»

Category: hdrSource:  bbcRelated NewsNov 17th, 2022

What would asteroid mining do to the world"s economy?

About a decade ago, the prospect of "asteroid mining" saw a massive surge in interest. This was due largely to the rise of the commercial space sector and the belief that harvesting resources from space would soon become a reality. What had been the.....»»

Category: topSource:  physorgRelated NewsNov 17th, 2022

Electrokinetic mining technology for recovering rare earth elements from weathering crusts

Rare earth elements (REEs), especially heavy REEs (HREEs), are important in modern industry. However, the conventional mining technique applies excessive usage of ammonium-salt-based leaching agents to recover HREEs from ion-adsorption rare earth dep.....»»

Category: topSource:  physorgRelated NewsNov 17th, 2022

Breaking down data encryption techniques aimed at improving data privacy

In this Help Net Security video, Dana Morris, SVP Product and Engineering at Virtru, talks about privacy-preserving cryptography. He provides an introduction to data encryption techniques, the key exchange problem, discusses the need for crypto-agili.....»»

Category: securitySource:  netsecurityRelated NewsNov 16th, 2022

Over a million are owed money by failed crypto exchange

Experts and watchdogs warn UK investors that when crypto firms fail, getting money back is unlikely......»»

Category: hdrSource:  bbcRelated NewsNov 15th, 2022

Global investigators pounce as FTX collapse leaves up to 1 million creditors

Regulators around the world have "substantial interest" after crypto group’s demise. Enlarge (credit: Stefani Reynolds/AFP/Getty Images) The collapse of Sam Bankman-Fried’s crypto empire has sparked a vast global inv.....»»

Category: topSource:  arstechnicaRelated NewsNov 15th, 2022

Biggest crypto exchange Binance urges new industry rules

The boss of Binance tells the G20 the collapse of a rival exchange shows crypto needs regulations......»»

Category: hdrSource:  bbcRelated NewsNov 14th, 2022

How North Korea became a mastermind of crypto cybercrime

Cryptocurrency theft has become one of the regime’s main sources of revenue. Enlarge (credit: Financial Times) Created by a Vietnamese gaming studio, Axie Infinity offers players the chance to breed, trade and fight Po.....»»

Category: topSource:  arstechnicaRelated NewsNov 14th, 2022

The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried

How a crypto empire built on video game battles and beanbags came crashing down......»»

Category: hdrSource:  bbcRelated NewsNov 13th, 2022

Crypto giant FTX collapses into bankruptcy

Sam Bankman-Fried also stepped down as chief executive, capping a tumultuous week for the firm......»»

Category: hdrSource:  bbcRelated NewsNov 12th, 2022

FTX: Crypto giant collapses into bankruptcy

Sam Bankman-Fried also stepped down as chief executive, capping a tumultuous week for the firm......»»

Category: hdrSource:  bbcRelated NewsNov 11th, 2022

FTX woes: "I"m waiting to get £2,000 back from crypto giant"

One user told the BBC he was able to lodge a withdrawal request on the beleaguered exchange......»»

Category: hdrSource:  bbcRelated NewsNov 10th, 2022

Crypto holders left holding the bag as FTX exchange collapses

In what may be a Machiavellian plot after a series of bad business decisions by exchange FTX, cryptocurrency holders are seeing big losses, after an already tough year.FTX spirals as people pull assets out from the exchangeConfidence in the FTX crypt.....»»

Category: appleSource:  appleinsiderRelated NewsNov 10th, 2022

FTX on brink of collapse after Binance abandons rescue

Crypto exchange dashes to fill $8 billion hole as investors write down equity. Enlarge (credit: Leon Neal/Getty Images) FTX is on the brink of collapse as chief Sam Bankman-Fried races to secure billions of dollars to sa.....»»

Category: topSource:  arstechnicaRelated NewsNov 10th, 2022

The sudden decline of one of the largest crypto exchanges could rattle the sports industry

The near collapse this week of FTX, one of the largest cryptocurrency exchanges, has sent shockwaves throughout the crypto startup and investment community. But the fallout could also spread to the sports industry......»»

Category: topSource:  theglobeandmailRelated NewsNov 10th, 2022

FTX: Bitcoin hits two-year low as crypto exchange deal collapses

Crypto market rocked after the Binance exchange says it will not bail out its smaller rival FTX......»»

Category: hdrSource:  bbcRelated NewsNov 10th, 2022

FTX: Binance crypto exchange walks away from bailout

Binance says it will not pursue a rescue of its smaller rival citing reports of 'mishandled customer funds'......»»

Category: hdrSource:  bbcRelated NewsNov 10th, 2022

FTX on brink of collapse after “liquidity crunch” at crypto exchange

Binance steps in with deal to rescue arch-rival after surge in withdrawals. Enlarge / Sam Bankman-Fried, founder and CEO of FTX, testifies during a House Financial Services Committee hearing on December 8, 2021. (credit: Tom Will.....»»

Category: topSource:  arstechnicaRelated NewsNov 8th, 2022

America’s slow-moving, confused crypto regulation is driving industry out of US

US is likely to end another year without clear guidance on digital assets. Enlarge (credit: Viorika | iStock / Getty Images Plus) As blockchain technologies have evolved to enable ever-faster digital payments, the need f.....»»

Category: topSource:  arstechnicaRelated NewsNov 8th, 2022

Nations get tough on cryptocurrency to tackle ransomware attacks

White House summit looks to improve blockchain analytics and enforce better authentication to prevent crypto laundering......»»

Category: topSource:  theglobeandmailRelated NewsNov 5th, 2022