Tags archives: cryptocurrency

In May this year, HTC announced plans for a blockchain phone to save its sinking ship. Today, during the tech conference RISE, the Taiwanese phone maker disclosed fresh developments on the new Android-based blockchain phone. Back in May, Phil Chen, HTC Chief Crypto Office said, “We envision a phone where you hold your own keys, you own your own identity and data, and your phone is the hub.” Today Chen updated that HTC Exodus, the company’s foremost blockchain phone may land in the market by the end of third quarter this year. When en...
Silicon Valley not only creates a foundation for the tech industry to develop future-ready products and services but also influences the operative mechanism of other businesses located inside. Stephen Silver, a premier timepiece and fine jewelry retailer is one of the leading examples following the footprints of tech giants. No, the high-end retailer did not develop artificial intelligence based software or a notch-less timepiece. In fact Stephen Silver embraced Cryptocurrency technology as a preferable mode of payment back in 2014, ...
The British political consulting firm responsible for Facebook data infringe, Cambridge Analytica was planning to launch its own cryptocurrency earlier this year through initial coin offering before getting hooked on data leak scandal, Verge reports. A former employee at the company, Brittany Kaiser in her statement to New York Times confirmed that the virtual currency would have helped Cambridge Analytica to acquire online personal data, which could be sold. The personal data of more than 87 million Facebook users has already been h...
Hong Kong-based cryptocurrency exchange Binance endured a hacking incident on March 7, 2018. However, the CEO, Changpeng Zhao is in no mood play defensive and let go the hackers roam freely. Existing online security vulnerabilities lead to frequent attacks on cryptocurrency. The common crimes include phone porting, computer hacks, phishing attacks and cryptocurrency Ponzi schemes. Binance has issued severe actions to stop such illegal activities and invited other exchanges and crypto businesses to join forces. In order to initiate th...
Claymore miner wail helplessly as Satori — the IoT malware that wrangles security cameras, routers, and other IoT devices took over their harvest by clandestinely infecting dedicated computers for cryptocurrency mining. According to researchers from Netlab 360, a China-based company, the modified Mirai botnet malware (Satori) which attacked Claymore miner on the January 8 capitalized on a few weaknesses in their system network. The malware gained full control of the mining software and replaced the wallet address where mines (newly m...
If you’ve ever spent time online in the last couple of years, you’ll have heard about the success of BitCoin, the cryptocurrency whose value seems to get higher every day. You’ve also probably come across Reddit, the 8th most popular website in the world. Reddit allows users to like and share content, and vote on other people’s submissions, creating a community of like-minded content-sharers. Now imagine combining these two into a social platform, where every piece of unique content and every upvoted comment resulted in you receiving...
CoinDash, a blockchain startup focusing on cryptocurrency social trading and portfolio management platforms, was scheduled to begin its ICO on July 17, 2017. The very same morning, it sent out an urgent warning to investors regarding alleged hacking of its cyber security. The e-trade for blockchain was hacked on Monday and $7.4 million was stolen from investors trying to participate in CoinDash ICO. CoinDash ICO went terribly wrong The unknown hacker stole $7.4 million worth of Ethereum in just under three minutes. At the time of ...
Microsoft announced a deal with ‘Bitpay’ back in 2014, a payment app, which would allow Bitcoins as a payment mode for purchases on Windows Store. It seems, this grand experiment by Microsoft to accept Bitcoin payments failed to strike a chord. On the Microsoft FAQ page, the software giant posted an update revealing that Microsoft Store, hereafter, won’t be accepting cryptocurrency for purchases. Don’t fret over it, if you’ve some existing balance in your account, Microsoft will allow you to purchase applications, but you won’t be...