February 17, 2019 @ 6:08 pm By Cali Haan  |  

Eight “potentially unwanted applications” (PUAs) identified by cybersecurity researchers at Symantec have been now been removed from the Microsoft Store. The eight fake apps -Fast-search Lite, Battery Optimizer (Tutorials), VPN Browsers+, Downloader for YouTube Videos, Clean Master+ (Tutorials), FastTube, Findoo Browser 2019, and Findoo Mobile… Read More

February 16, 2019 @ 4:33 pm By Cali Haan  |  

Due to “challenging conditions” in crypto markets, Argo Blockchain (LSE:ARB), a cryptomining firm that went public in the UK last year, is no longer accepting new customers for its “mining-as-a-service” program (also known as “cloud mining”), and will terminate all contracts as of April 1,… Read More

February 14, 2019 @ 3:24 pm By Cali Haan  |  

After many were forced out and ruined by floods last year, tenacious crypto miners are nonetheless poised to (re)establish operations in the mountainous Chinese province of Sichuan. They plan to do so just ahead of May to October’s rainy season when the price of electricity… Read More

February 9, 2019 @ 12:11 pm By Cali Haan  |  

Five men and one woman have been arrested in Klingenthal, Germany and are charged with stealing 220 000 Euros ($249 843 USD) worth of electricity to run a cryptocurrency mine consisting of 49 computers housed in an industrial facility, Freie Presse reports. Officials reportedly detected… Read More

February 7, 2019 @ 4:39 am By Cali Haan  |  

The head of Russia’s VTB bank, Andrei Kostin, has reportedly compared cryptocurrency mining with counterfeiting and believes crypto markets cannot currently be regulated, Russian national news agency TASS reports. Kostin made the comments while speaking at an educational event called “The I Am Professional” Olympiad…. Read More

February 5, 2019 @ 4:50 pm By Cali Haan  |  

Abu Dhabi’s state-owned investment fund, Mubadala Investment Co, has sold a large portion of its position in common equity shares at Advanced Micro Devices (AMD), Reuters reports. Last week, AMD announced quarterly results that fell short on top line revenue. The company forecasted decent Q1 earnings… Read More

February 4, 2019 @ 3:26 pm By JD Alois  |  

Nvidia (NASDAQ:NVDA) will announce Q4 fiscal 2019 financial results and Q1 fiscal 2020 guidance on its earnings call scheduled for February 14th. The Valentines Day event has removed some of the surprise as Nvidia revealed reduced guidance last week. “Q4 was an extraordinary, unusually turbulent, and… Read More

February 1, 2019 @ 3:52 am By Cali Haan  |  

Bitfury, one of the world’s largest cryptomining  and “blockchain-services” firms has announced it is partnering with the Korea-based company Commons Foundation, “to open and operate Bitcoin transaction processing centers in Paraguay as part of the foundation’s “Golden Goose” initiative to expand cryptocurrency and blockchain innovation… Read More

January 31, 2019 @ 3:35 pm By Cali Haan  |  

People checking their balances on cryptocurrency exchanges and financial accounts are being warned to delete all cookies from their browsers after they log out. According to cybersecurity researchers at Palo Alto Networks, a new cookie-based cryptomining malware called “CookieMiner” is circulating and is designed to… Read More

January 28, 2019 @ 10:46 pm By JD Alois  |  

AW Blockchain Mining has filed a Form 1-A with the Securities and Exchange Commission (SEC) indicating its intent to launch a security token offering (STO) seeking a max raise of $50 million. The Reg A+ Offering Circular states that the company seeks to issue 50,000,000 shares… Read More

January 24, 2019 @ 11:29 am By Cali Haan  |  

The rumoured appointment of a new CEO at cryptomining giant Bitmain does not appear to have enhanced the company’s prospects of going public in Hong Kong, South China Morning News reports. Responding generally to media questions about cryptomining firms seeking IPOs in Hong Kong, Charles… Read More

January 22, 2019 @ 11:07 am By Cali Haan  |  

Seven men police believe conspired to rob multiple Bitcoin “mines” in Iceland have been convicted, and their leader sentenced to 4.5 years in prison, Icelandic news outlet DV reports. Starting in December 2017, and for several weeks thereafter, six men led by Sindri Thor Steffanson allegedly robbed… Read More

January 15, 2019 @ 4:28 pm By Cali Haan  |  

“The business environment is increasingly harsh, but we can still produce a profit.” Two large Japanese IT companies, DMM and GMO, recently closed or considerably shrank their cryptomining operations citing millions in 2018 losses. That hasn’t stopped the Japanese firm Ginco Mongol, whose CEO furnished the… Read More

January 14, 2019 @ 10:49 pm By Cali Haan  |  

“We had welcomed this.” Locals in Rockdale, Texas, a small town east of Austin that recently lost two of its largest employers and 30% of the local tax base, are disappointed to learn that Bitmain, the world’s largest manufacturer of cryptocurrency mining equipment and operator… Read More

January 10, 2019 @ 12:21 pm By Cali Haan  |  

A new CEO is already in place at Bitmain, the world’s largest manufacturer of cryptocurrency mining equipment and operator of crypto mines, a source to Hong Kong news outlet The South China Morning Post (SCMP) claims. Though Bitmain itself has refused to confirm the change, a former… Read More

January 8, 2019 @ 11:35 pm By Cali Haan  |  

Canaan, the second biggest maker of cryptocurrency mining hardware after Bitmain, may be bringing its bid to go public to a New York exchange after being rejected in Hong Kong, Bloomberg reports. The company may be seeking to sell shares on a US exchange in… Read More

January 4, 2019 @ 11:39 am By Cali Haan  |  

At the top of markets in December 2017, mining an Ether, the native cryptocurrency of the Ethereum network, cost about 240,000 Korean won ($213 USD), and that Ether could be sold for 2.3 million won ($2093 USD). At that time, South Korea was the third… Read More

January 3, 2019 @ 4:26 pm By Cali Haan  |  

HIVE (TSX.V:HIVE) (OTC:HVBTF), a cryptocurrency mining outfit with locations in Canada, Switzerland, Norway, Iceland, and Sweden, has rebuked the Norwegian government for requiring crypto mines there to pay standard electricity rates. Elsewhere, Hive recently received approval for a 50% Increase in ASIC capacity to mine… Read More

January 2, 2019 @ 10:45 pm By Cali Haan  |  

A Los Angeles law firm has filed a class action suit against Nvidia, one of the world’s most successful computer chip manufacturers, over losses to investors incurred due to, “false and misleading statements to the market.” According to the Schall Law Firm, Nvidia (Nasdaq:NVDA) misrepresented… Read More

January 2, 2019 @ 8:39 pm By Cali Haan  |  

Georgia State Senator Michael Williams has been charged with insurance fraud and making a false report of a crime after police and an insurance company debunked claims made by Williams last May relating to the reported theft from his Gainesville campaign office of $300 000 worth… Read More