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Category: cryptocurrency

Remastered 'nyan cat' art sells for the equivalent of $605k

Remastered ‘nyan cat’ art sells for the equivalent of $605k

While the first Christie’s auction of digital artwork backed by NFT (non-fungible token) is still a few days away, one of the most notable sales in that world has already taken place. Chris Torres created the rainbow-streaming animation of Nyan Cat based on his own pet and uploaded it to YouTube in 2011, before recreating …

Remastered ‘nyan cat’ art sells for the equivalent of $605kRead More

ZOTAC’s GPU Mining Post Just Ticked Off A Lot Of PC Gamers

ZOTAC’s GPU Mining Post Just Ticked Off A Lot Of PC Gamers

In order to build a rig powerful enough to mine for cryptocurrency like bitcoin, you would need high-end GPUs. This has proven to be a problem over the years as miners have been snapping up supply of GPUs, much to the annoyance of gamers who simply want to build a gaming rig and play their …

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Mastercard will support cryptocurrency payments later this year

Mastercard will support cryptocurrency payments later this year

Mastercard has become the latest payment company to give cryptocurrencies its blessing. The financial services firm has begun preparations to support select cryptocurrencies later this year, Mastercard’s digital asset and blockchain VP Raj Dhamodharan said in a blog post. Of course, if you want to be part of the establishment, you have to play by …

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Cryptocurrency Miners Are Now Snapping Up RTX 30 Laptops To Mine For Ethereum

Cryptocurrency Miners Are Now Snapping Up RTX 30 Laptops To Mine For Ethereum

Mining for cryptocurrency is essentially a race. The faster your machine is capable of solving the problems, the faster you get your cryptocurrency. This is why at one point in time, GPUs were suddenly in short supply as many miners started buying the best GPUs they could afford to make their mining rigs as powerful …

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Crypto Exchange Owner Gets 10 Years for Turning Fake Car Auctions Into Cryptocurrency

Crypto Exchange Owner Gets 10 Years for Turning Fake Car Auctions Into Cryptocurrency

The Department of Justice stands in the early hours of Friday morning, March 22, 2019 in Washington, DC.Photo: Photo by Drew Angerer (Getty Images) Bulgarian man Rossen G. Iossifov was sentenced to 10 years in U.S. federal prison January 12 for his role in a transnational scheme that stole millions of dollars from hundreds of …

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Bitcoin Hits A New All-Time High Of $34,000

Bitcoin Hits A New All-Time High Of $34,000

Will cryptocurrency become a new standard of currency that we can expect in the future? While the jury is still out on that, it seems that cryptocurrency enthusiasts and investors are betting big on it, to the point where bitcoin has surged to record highs where just a few days after the New Year, it …

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Bitcoin Keeps Moving On Up, Reaching $33,000 in Value

Bitcoin Keeps Moving On Up, Reaching $33,000 in Value

Photo: Ozan Kose / AFP (Getty Images) Just weeks after it shattered its yearslong aspiration of reaching $20,000 in value, Bitcoin is at it again. On Saturday, the cryptocurrency passed $33,000 in value, according to CoinDesk, before dipping slightly throughout the day. Advertisement Bitcoin’s new gains represent an all-time high for the currency, a stunning …

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A Pared-Down Version of Facebook's Libra Project Could Launch as Soon as January

A Pared-Down Version of Facebook’s Libra Project Could Launch as Soon as January

Photo: Josh Edelson (Getty Images) Facebook’s long-anticipated cryptocurrency venture, Libra, could go live as early as January, three people involved with the matter told Financial Times this week. But don’t get too excited just yet: Thanks to a torrent of federal scrutiny and many of its chief investors bailing on the project, its scope has …

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Attackers Dupe GoDaddy Staff Into Helping Them Take Down Cryptocurrency Services

Attackers Dupe GoDaddy Staff Into Helping Them Take Down Cryptocurrency Services

Photo: Issouf Sanogo (Getty Images) Roughly one year after a data breach at GoDaddy compromised 28,000 customer accounts, the world’s largest internet domain registrar is once again at the center of a security scandal. Hackers brought down several cryptocurrency services using GoDaddy domains in recent weeks, and apparently the company’s own staff unwittingly helped in …

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PayPal Is Embracing The Use Of Cryptocurrency

PayPal Is Embracing The Use Of Cryptocurrency

PayPal, for the most part, supports using credit cards to make payments. Users can also reload their wallets and store it in PayPal, and link their bank accounts. All those are more or less to be expected and are somewhat traditional forms of payment. However, it seems that PayPal is looking to embrace a future …

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