cryptocurrency

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
Two founders of cryptocurrency offering arrested, charged with fraud
bumn-news.com

Enlarge / The US Securities and Exchange Commission seal hangs on the facade of its building September 18, 2008 in Washington, DC. (credit: Chip Somodevilla/Getty Images) The creators of an initial coin offering (ICO) once endorsed by Floyd Mayweather and DJ Khaled have been arrested and indicted on separate federal securities fraud charges brought by […]

10
Like
Save
MailChimp Bans Emails Promoting Cryptocurrency
bumn-news.com

“MailChimp to Cryptocurrency Promoters: Your Fake Money’s No Good Here,” jokes the headline at Gizmodo. The mass emailing service — which sends over a billion emails a day — just updated its Acceptable Use Policy to warn users that MailChimp “does not allow businesses involved in any aspect of the sale, transaction, exchange, storage, marketing, […]

2
Like
Save
Coinbase is launching its own cryptocurrency index fund
bumn-news.com

 When you’re the runaway leader in a growing industry, you typically have two opinions: A) Stay in your lane and let other companies pop up to solve the industry’s problems, or B) Try to offer as many products as possible and own the entire customer experience from A-Z (no Amazon pun intended). If there’s any doubt […]

9
Like
Save
The Los Angeles Times Website Is Unintentionally Serving a Cryptocurrency Mining Script
bumn-news.com

troublemaker_23 shares a report from iTWire: The Los Angeles Times website is serving a cryptocurrency mining script which appears to have been placed there by malicious attackers, according to a well-known security expert. British infosec researcher Kevin Beaumont, who has warned that Amazon AWS servers could be held to ransom due to lax security, tweeted […]

3
Like
Save