UK Lawmakers Call For More Regulations on Crypto | Coindelite News
Crypto Regulation

UK Lawmakers Call For More Regulations on Crypto

According to the reports, U.K lawmakers have called for more oversight and regulation on the cryptocurrency industry. The lawmakers have stated that cryptocurrencies don’t have any inherent value. They are very risky for retail investors. The lawmakers think that digital currencies are vulnerable to manipulation. The report also states that …

Over 50,000 Websites Running Cryptojacking Malware
Crypto Mining

Over 50,000 Websites Running Cryptojacking Malware

The hidden cryptocurrency mining incidents do not seem to come to a stop. Popularly known as cryptojacking, websites employ hidden malicious code to mine cryptocurrencies using the victim’s CPU power. Cryptojacking is a major threat, in fact, it was recently revealed that hackers are moving away from ransomware and focusing …

Google Removes Multiple Crypto Wallets From Play Store
Crypto Mining

Google Removes Multiple Crypto Wallets From Play Store

Google has removed three major crypto wallets from the Play Store. This move came as a surprise as the company did not make an official announcement before the removal of these cryptocurrency wallets. Notably, the search giant had recently removed cryptocurrency mining apps from its Play Store. Roger Ver, CEO, …

Iranian Authorities Accepts Crypto Mining as an Industry
Crypto Mining

Iranian Authorities Accepts Crypto Mining as an Industry

As per Local news agency IBENA, the Secretary of Iran’s Supreme Cyberspace Council told that various ministries of the nation’s government have acknowledged crypto mining as an industry. As per the report, Mr. Abolhassan Firoozabadi, the Cyberspace Council’s secretary stressed that the mining of digital currencies like Bitcoin (BTC) has …

Crypto Mining Attacks Increase in First Half of 2018 | Coindelite News
Crypto Mining

Crypto Mining Attacks Increase in First Half of 2018

IT security firm Trend Micro recently published a report on crypto mining attacks. The report stated that the number of crypto mining attacks has increased to 956 percent in the first half of 2018. According to the research, there was more than 787,000 malicious cryptocurrency mining software, and the number …

Crypto Miners and Electricity Providers Seek Common Ground
Crypto Mining

Crypto Miners and Electricity Providers Seek Common Ground

There has been a lot of debate in regards to the legality of cryptocurrencies. Cryptocurrencies and blockchain technologies are taking over the world. There are hardly any industries left where we haven’t seen the use of cryptocurrencies in the market. The relationship between cryptocurrency miners and utility providers has always …

Blockchain Will Replace Existing Technology JPMorgan CIO | Coindelite News
Blockchain News

Blockchain Will Replace Existing Technology JPMorgan CIO

According to the reports, Lori Beer, CIO, JPMorgan, was part of a press conference held in Buenos Aires. While speaking at the conference, she stated that blockchain technology would replace the existing technology. Lori Beer stated that JPMorgan is witnessing a greater and broader use of blockchain. She said that …

Hydroelectric Dam to Be Used for Crypto Mining in New York
Crypto Mining

Hydroelectric Dam to Be Used for Crypto Mining in New York

The historic New York hydroelectric dam, Valatie Falls is being repurposed by DPW Holdings Inc for cryptocurrency mining operations. This will help the sourcing of electricity from the dam to carry out cryptocurrency mining. The facility is proposed to be fully operational by the fourth quarter of 2018. It will …

Bitmain Falling Behind in Crypto Mining as Competitors Catch Up
Crypto Mining

Bitmain Falling Behind in Crypto Mining as Competitors Catch Up

Bitmain, the cryptocurrency mining giant from China has been the market leader when it comes to selling equipment and mining cryptocurrencies. There is no denying that it is the most profitable cryptocurrency business in the world. However, things are seemingly slowing down. As per a report published by Sanford C. …

Fertilizer Lab Turned into Largest Crypto Farm in Russia
Crypto Mining
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Fertilizer Lab Turned into Largest Crypto Farm in Russia

Russia may be a late arrival to the cryptocurrency scene, it seems that the country is equipping itself to take on mining giants like China. A Russian company has recently converted a fertilizer laboratory into what appears to be Russia’s largest cryptocurrency mining center. The operation is called Kriptoyunivers center …