Bitcoin Mining Uses a Lot Less Energy Than Mining Gold.

Bitcoin mining is a power-intensive process. However, mining gold apparently requires twenty times more energy in comparison. This is according to Long Hash. However, it is the bitcoin mining power… The post Bitcoin Mining Uses a Lot Less Energy Than Mining Gold appeared first on CoinCentral. origin »

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New Crypto Backed By Gold Bullion Makes Debut.

Earlier this month, three stablecoins (Gemini, Paxos and Carbon) that are pegged 1:1 to the U. S. dollar launched with regulatory approval. But many investors don’t like the dollar’s inflationary features and some undoubtedly prefer value stored in precious metals. origin »

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Europol: Terrorists Still Use Banks, Fail To Abuse Cryptocurrencies.

A new assessment by Europol this week reveals a growing schism between the use of cryptocurrencies by terrorists and other criminals. No European Terrorist Attacks Leveraged Crypto Funds In its Internet Organized Crime Threat Assessment (IOCTA), the organization highlights that while the use of Bitcoin in particular by cybercriminals is growing, terrorists still prefer conventional money transfer methods — banks and wire transfers. origin »

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Kraken Invokes The Fatal Attraction Defense.

We’re not lawyers, but there are a couple things we learned from watching legal dramas: First, never talk to the cops without an attorney. Second, never consent to a search. And third—this should go without saying—don’t call attention to yourself by sending passive-aggressive tweets to an Attorney General who’s already out for your blood. origin »

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Research: New Botnet Scanning the Web to Shut Down Illicit Cryptominers.

Chinese security researchers from Qihoo 360 Netlab have discovered a savvy botnet that destroys illicit crypto mining malware rather than hacking victims’ PCs for its benefit. The Benevolent ‘Cryptojacker’ The botnet, called Fbot, is based on the Satori Mirai program, which is typically used for DDoS attacks, according to Bleeping Computer, who first reported the news […] The post Research: New Botnet Scanning the Web to Shut Down Illicit Cryptominers appeared first on CryptoSlate. origin »

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Bitcoin Price Watch: Is $6,500 Imminent?.

At press time, bitcoin is trading for just shy of $6,400. While it’s good news that the currency hasn’t dropped any further than it already has, it’s disappointing to see bitcoin stay where it’s been over the past few days and refuse to budge. origin »

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Top 6 Cryptocurrencies With the Highest Median Fees.

Transaction fees can make or break any cryptocurrency on the market today. Top currencies have often struggled to keep a low fee with the amount of transactions on the network. The following six currencies are ranked by increasing network fees as recorded by OnChainFX over the past 24 hours. origin »

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Cryptocurrencies Challenge The Visa And Mastercard Duopoly.

It’s a rare thing indeed when two multinational heavyweights come out the worse in a court case. Even rarer when the settlement costs them collectively over $6bn. The business press reported earlier this week that Visa and Mastercard, along with a sprinkling of banks, would pay a class of more than 12 million merchants a […] The post Cryptocurrencies Challenge The Visa And Mastercard Duopoly appeared first on Crypto Briefing. origin »

Ripple Shorts Moon, Double in Days.

Ripple’s price has jumped 30% since Tuesday on increased volumes of now $600 million in the past 24 hours. That follows a number of announcements related to more banks joining... The post Ripple Shorts Moon, Double in Days appeared first on Trustnodes. origin »

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