Why Argentina is embracing cryptocurrency
The nation that has seen economic trauma is open to the possibility of alternative money like Bitcoin......»»
Lecturer Argues Cryptocurrency Should "Die in a Fire", Predicts Implosion
Nicholas Weaver is a senior staff researcher at the International Computer Science Institute and lecturer in the computer science department at UC Berkeley. But he's also a raging cryptocurrency skeptic, arguing that cryptocurrency is useless and des.....»»
Avoiding Sanctions with Cryptocurrency? US Govt Files First Criminal Charges
Last week America's Justice Department "launched its first criminal prosecution involving the alleged use of cryptocurrency to evade U.S. economic sanctions," reports the Washington Post. They cite a nine-page opinion from a federal judge approving t.....»»
Tether Cuts Commercial Paper, Boosts Treasuries Behind USDT
Tether, the operator of the world's most used cryptocurrency, said it had reduced the amount of commercial paper in the reserve backing its $74 billion stablecoin, revealing information about its holdings while dollar-pegged assets face tougher scrut.....»»
How Gen Z is hooked on cryptocurrency and NFTs
A growing number of young people are getting into crypto trading - despite the risks......»»
Beware these Android apps that are stealing your passwords and cryptocurrency
According to a recent Trend Micro report, the company has revealed that they have discovered over 200 apps that can steal your passwords and crypto. The post Beware these Android apps that are stealing your passwords and cryptocurrency first appeared.....»»
Microsoft Names Info-Stealers That Target Crypto Wallets "Cryware"
Microsoft blog: The steep rise in cryptocurrency market capitalization, not surprisingly, mirrors a marked increase in threats and attacks that target or leverage cryptocurrencies. But Microsoft researchers are observing an even more interesting tren.....»»
Miami"s Mayor Backed MiamiCoin Crypto -- Then Its Price Dropped 95%
An anonymous reader quotes a report from Quartz: On Feb. 2, the city of Miami cashed out its cryptocurrency MiamiCoin for the first time, depositing $5.25 million into city coffers. Miami mayor Francis Suarez hailed it as a "historic moment" and pred.....»»
Coinbase Slows Hiring To Help Weather Market Downturn
Cryptocurrency exchange Coinbase has reined in a plan to triple its headcount this year in response to turbulent market conditions. From a report: Emilie Choi, Coinbase's president and chief operating officer, said in a blog post on Tuesday that the.....»»
Bitcoin a safe haven during national economic crises, but not during COVID-19 pandemic, research finds
Research by a Kingston University economist provides fresh evidence for Bitcoin being a safe haven for finance during a nation's economic crisis. The cryptocurrency proves volatile during a global crisis, however, as seen during the COVID-19 pandemic.....»»
Taiwan OSATs embracing more car, industrial IC orders from IDMs
International IDMs including Infineon and STMicroelectronics continue stepping up production of automotive, industrial control and networking chips to meet ever-rising demand, outsourcing more backend operations for such chip solutions to partners in.....»»
Luna Cryptocurrency"s Collapse Led to Multi-Million-Dollar Exploits, Closure of a Crypto Money Market
The Record reports that the decentralized money market Venus Protocol "announced on Thursday evening about $11 million had been lost due to people exploiting the historic collapse of the Luna cryptocurrency and its sister stablecoin UST." Venus Proto.....»»
Terraform Restarts Blockchain Behind UST Stablecoin, Luna
Terraform Labs restarted the Terra blockchain following a software update to help avoid attacks against the network in the wake of the collapse of its algorithmic stablecoin and the related Luna token that had roiled cryptocurrency markets. From a re.....»»
Crypto is crashing, and that may make GPUs more affordable
It's been a tough week on the cryptocurrency market, filled with many heavy losses. As mining crypto becomes less profitable, will GPU prices plummet, too?.....»»
Global Crypto Regulation Body Likely in Next Year, Top Official Says
Global market regulators are likely to launch a joint body within the next year to better co-ordinate cryptocurrency rules, a senior watchdog official has said. From a report: Ashley Alder, chair of the International Organization of Securities Commis.....»»
Cryptocurrency Luna Now Almost Worthless After Controversial Stablecoin It Is Linked To Loses Peg
Luna, the sister cryptocurrency of controversial stablecoin TerraUSD, has collapsed to nearly $0. From a report: TerraUSD, or UST, has been dragged into the spotlight in the last few days after the so-called stablecoin, which is supposed to be pegged.....»»
Predicting disease and pest risk for fruit crops and diversifying the flower industry through digital innovation
Each day, millions of us load fresh fruit and flowers into our shopping baskets. The global trade in cut flowers and citrus fruits together are worth around €30 billion. When it comes to embracing technology, however, these big businesses tend to r.....»»
Coinbase Warns Bankruptcy Could Wipe Out User Funds
An anonymous reader shares a report: Hidden away in Coinbase Global's disappointing first-quarter earnings report -- in which the U.S.'s largest cryptocurrency exchange reported a quarterly loss of $430 million and a 19% drop in monthly users -- is a.....»»
NiceHash defeats Nvidia’s GPU crypto-mining limits, does not appear to be a scam
But the workaround still can't defeat the newest version of Nvidia's LHR tech. Enlarge (credit: BTC Keychain) Nvidia began releasing LHR (or “Lite Hash Rate”) graphics cards last year to slow down their cryptocurrency min.....»»
The window of opportunity to address increasing drought and expanding drylands is vanishing
Chile, Argentina and the American West are in the midst of a decade-long, megadrought—the driest conditions those regions have seen in a century. And many areas in Western Canada and the United States are experiencing extreme drought—a once in 20.....»»
Mining Capital Coin CEO Indicted for Allegedly Running a Cryptocurrency Pyramid Scheme
American's Justice Department announced Friday that the CEO of Mining Capital Coin, "a purported cryptocurrency mining and investment platform," has been indicted "for allegedly orchestrating a $62 million global investment fraud scheme." CNN repor.....»»