Tags: Cryptocurrency

AdGuard calls out sites for cryptojacking failures

AdGuard has called out websites for putting, it claims, over 1 billion users at risk of cryptojacking. This is where code is placed on the device of visitors to the site which is then used to mine cryptocurrencies. According to AdGuard, the number of sites serving up dodgy code is on the increase. This is…

A Christmas cryptocurrency present on the blockchain?

The sale has been agreed for a fleet of rare F1 cars, valued at approximately £4m, purchased in cryptocurrency. The four car fleet will sell to a buyer transacting with the cryptocurrency Litecoin, subject to standard blockchain verification. Eleesa Dadiani, founder of Dadiani Syndicate, said: “We are hugely excited to be conducting the sale of these…

Blockchain – transparently opaque?

Bitcoin valuations have made many recent headlines. The attractions of anything which increases in value by 40%+ in weeks is understandable. Yet there are problems. Some of these involve Bitcoin (which ET will not address here). Others involves blockchain fundamentals, two of which (though there may be many more) stand out: the transparently opaque conundrum…

Bitcoin – worry, attitudes and futures

Bitcoin valuations head relentlessly up. At the start of 2017 a Bitcoin was worth a little over US$1,000. In eleven months it is almost ten times as much. What should make a virtual cryptocurrency rise so much? Are they worth it? There is no easy answer. Two demonstrations of this are analyses coming from Bloomberg and…

Bitcoin Gold issues critical alert

On Sunday, Bitcoin Gold issued a critical security alert. It starts with: “Please be aware that for approximately 36 hours, a link on our Download page and the file downloads on our Github release page have been serving a suspicious file of unknown origin.” The warning goes on to say: “Until we know otherwise, all…

Could Substratum’s blockchain combinations decentralise web content?

Substratum is a start-up developing a decentralized approach web, one which may seeks to free and provide unrestricted access to content. The Substratum network is a worldwide collection of nodes that uses blockchain-based cryptography to deliver secure content anywhere, all without the need for VPNs or Tor. Substratum hopes to revolutionise the hosting industry by…

Is Coin Miner draining your Android device?

The TrendLabs Security Intelligence Blog has identified the Coin Miner mobile malware back in the Google Play store. The malware takes over a device and uses its resources to mine a selection of different cryptocurrencies. Users will often not realise what is going all. What they will see is poor battery life and degraded performance.…

Wrapping initiatives in blockchain and/or cryptocurrency fancy clothes benefits few

Blockchain and/or cryptocurrency mentions have become marketing tools, for all sorts of products and services. Many of these have little to do with either underlying technology or currency. Consider the following, lightly edited, announcement from Genesis Research and Technology Group (Genesis). Selected more or less at random and because what it announces sounds worthy,  blockchain…

BitVault, a blockchain smartphone

Embedded Downloads – based in Limerick, Ireland and New Delhi, India – has announced BitVault, allegedly the world’s first crypto communicator and blockchain-supporting smart phone. It will ship in November at a price of €949.00. The BitVault was introduced, via prototypes, to the fintech community earlier this year. Now it is almost real. BitVault features…

Is Kim Jong Un’s DPRK about to kill cryptocurrencies?

According to security research firm FireEye, Kim Jong Un’s DPRK (aka N Korea) is focusing on Bitcoin (BTC) as a source of foreign funds. That he seeks to do this is a direct consequence of US-inspired, and UN-mandated sanctions. As so often the laws of unintended consequences may yet apply. In this case, not only…