cryptocurrency

Circle wants more women to invest in cryptocurrency
bumn-news.com

The earliest adopters of Bitcoin — the libertarian anarchist “cypherpunk” crowd — were mostly men. Today, roughly a decade after Satoshi Nakamoto’s famed white paper was released, the majority of cryptocurrency holders are still men. This poses a problem for the companies betting on the mainstream adoption of cryptocurrency. At this point, they’ve already tapped into […]

3
Like
Save
Cryptocurrency and blockchain bring Asia funds to the forefront of U.S. tech
bumn-news.com

Since early 2017, there’s been a new trend in the U.S. where a number of Asian funds have been actively involved in early-stage crypto investing. Many folks in traditional tech have not heard of them before, but these funds will only be growing more important as cryptocurrency and blockchain solidify their position in the American […]

4
Like
Save
Declining cryptocurrency prices are making graphics cards affordable again
bumn-news.com

Enlarge / Data from PC Part Picker (credit: Timothy B. Lee, data from PC Part Picker) About a year ago, graphics card prices started to go crazy. Then in early 2018, things got even crazier. The price of a Radeon RX 570—a mid-range graphics card popular for cryptocurrency mining—soared from under $200 in April 2017 […]

6
Like
Save
Chinese Police Bust World Cup Gambling Ring With More Than $1 Billion In Cryptocurrency
bumn-news.com

An anonymous reader quotes a report from The Verge: Chinese authorities have arrested six suspects behind a World Cup gambling ring that was hosting more than 10 billion yuan — or $1.5 billion USD — worth of cryptocurrency bets, according to a statement released yesterday by the police department in Guangdong province. The gambling syndicate […]

8
Like
Save
Cryptocurrency has been great for GPU makers—that might change soon
bumn-news.com

Enlarge / Mostly bare shelves in the graphics card case at a Washington, DC, Best Buy in January. (credit: Timothy B. Lee) Nvidia announced its financial results on Thursday, and they were spectacular. For the company’s first fiscal quarter—which runs from late January through late April—the company had revenues of $3.2 billion. That’s up 10 […]

10
Like
Save
SALT Lending offers liquidity for cryptocurrency holders
bumn-news.com

SALT Lending has issued $40 million in asset-backed loans that are aimed at investors in cryptocurrencies to give them a bit of liquidity without the need to sell off assets.  The company rolled out its first loans late in 2017 after two years spent developing the technology to make the loans work. SALT Lending relies on […]

9
Like
Save
New hacks siphon private cryptocurrency keys from airgapped wallets
bumn-news.com

Enlarge / Simplified figurative process of a Cryptocurrency transaction. (credit: Mikael Häggström / Wikimedia) Researchers have defeated a key protection against cryptocurrency theft with a series of attacks that transmit private keys out of digital wallets that are physically separated from the Internet and other networks. Like most of the other attacks developed by Ben-Gurion […]

10
Like
Save
Cambridge Analytica Planned To Launch Its Own Cryptocurrency
bumn-news.com

Cambridge Analytica, the data analytics firm that harvested millions of Facebook profiles of U.S. voters, attempted to develop its own cryptocurrency this past year and intended to raise funds through an initial coin offering. The digital coin would have helped people store online personal data and even sell it, former Cambridge Analytica employee Brittany Kaiser […]

6
Like
Save
Japan Could Have More Than 3 Million Cryptocurrency Traders
bumn-news.com

According to Japan’s Financial Services Agency (FSA), the country has at least 3.5 million individuals that are trading with cryptocurrencies as actual assets. “Among them, crypto investors in their 20s, 30s and 40s make up a major share, accounting for 28, 34, and 22 percent, respectively, of the total crypto trader population in Japan,” reports […]

3
Like
Save