Articles about Cryptocurrency

Kodi has been the subject of controversy for some time, and addon repository TVAddons has, in particular, been criticized from many quarters. Having recently announced that it will no longer proactively check for pirated content, TVAddons is suggesting that there's a very good reason to use Kodi addons to stream online content -- security.

The site says that one of the reasons Kodi is so hated by the industry is that addons give users the chance to avoid advertisements and "all forms of monetization." TVAddons says that Kodi addons not only enable people to avoid ads, but also potentially dangerous malware and secretive cryptocurrency miners.

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Thanks in no small part to Bitcoin's incredible performance this year, as it rose from about $1,000 on January 1 to well over $17,000 this month, more and more people are starting to talk about cryptocurrencies these days. But what exactly do folks know about this market?

As it turns out, not a whole lot. According to Ditto's 2017 Cryptocurrency Public Knowledge Report, the vast majority are not familiar with cryptocurrencies, nor do they know what an initial coin offering (ICO) is. That's not surprising and neither are the conflicting perceptions.

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The cryptocurrency market has come a long way this year. Fueled by the incredible growth of Bitcoin and altcoins like Ethereum, Ripple and Litecoin, its valuation rose from 17.7 billion on January 1 to more than $0.5 trillion today.

More than $100 billion were added to the crypto market's capitalization in the past week. Bitcoin's rise has slowed down, but the other major players saw a massive boost that took them to new highs.

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There’s a cryptocurrency goldrush on at the moment. People are investing insane sums, and also making good money -- Bitcoin, Ethereum and Litecoin are all doing phenomenally well.

However, some sites are turning to mining cryptocurrency as a way to supplement falling ad revenue, and a new report from security firm Adguard has found that almost a billion monthly visitors to four popular streaming sites have unknowingly been mining Monero currency while watching videos.

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It's an interesting day in the cryptocurrency scene. All the coins in the top 10 are in the green, posting some serious gains over the last 24 hours. The most impressive showing comes from Litecoin, which is up over 80 percent, while the most modest increases come from Bitcoin and Bitcoin Gold.

Litecoin has been steadily growing over the past month, rising from just under $60 on November 12 to over $300 today -- at the time of writing this article, Litecoin is trading around the $325 mark. As a result, it has become the fourth most-valuable cryptocurrency, after Bitcoin, Ethereum and Bitcoin Cash.

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Bitcoin's growth this year seems to know no limit, as the most valuable cryptocurrency continues to set new price records and lead the market to new highs. Today, it broke $15,000, just over a week after it crossed the $10,000 mark for the first time.

Yes, that's right, Bitcoin rose by 50 percent in just a few days. It's hard to wrap your head around that, considering that it was only trading for around $1,000 on January 1. Yes, Bitcoin is up 1,500 percent already.

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When predicting the price of Bitcoin you have to keep in mind one thing: you will get it wrong. It's a futile exercise. It is simply impossible to tell where Bitcoin will end up at some point, simply because its evolution is like nothing we have ever seen.

Since the beginning of the year, when it traded for under $1,000, and until today, when it broke $13,000 for the first time, Bitcoin has set record after record, basically making of fool of everyone who said it will tank -- at least so far.

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A market cap of over $350 billion, daily volumes in excess of $10 billion, fast rising prices, a growing number of investors and little to no regulation all combine to make the cryptocurrency space a prime target for hackers. What's more, security is not exactly a main priority for many investors and exchanges, as numerous thefts go to show.

Making things even more complicated is the fact that lots of cryptocurrency apps, that let investors and trader store coins, have dangerous vulnerabilities that hackers can exploit to steal users' funds.

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Following concerns that Bitcoin and other cryptocurrencies are being used for not only tax evasion but also money laundering, governments in the UK and across Europe are planning to introduce new regulatory measures.

One of the key proposals will bring to an end the anonymity Bitcoin users have enjoyed thus far. In an attempt to bring the digital currency with real-world currencies, the UK Treasury wants to force all traders to reveal their identities.

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With the massive rise in popularity -- and value -- of cryptocurrencies such as Bitcoin, it's little wonder that people are seeking out ever more imaginative and sneaky ways to mine coins without having to invest in dedicated hardware.

Websites that mine for cryptocurrency in the background, making use of visitors' CPU time, are nothing new -- the Pirate Bay has been caught red-handed, for instance, using a Monero miner in the form of the Coinhive JavaScript Miner. But now researchers have discovered that some websites are using a drive-by mining technique that allows them to continue cryptomining even after the site is closed.

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Fueled by Bitcoin, Ethereum, Bitcoin Cash and other major players, the crypto market hit a new all-time-high yesterday, reaching a valuation of over $345 billion. But, as the saying goes, what goes up must come down. So, as the incredible rally finally came to an end, the market started to crash, big time.

This is not uncommon for the crypto scene. This year we have seen three similar crashes happening. All coincided with Bitcoin setting a new price record. This one is no different, as the market entered a correction right after the most-valuable cryptocurrency broke $11,500, sending it back into the low-$9,000s.

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After hitting $10,000 for the first time yesterday, the latest rally continues to take Bitcoin to new highs. The most valuable cryptocurrency set another price record moments ago as it went past the $11,000 mark.

And it did not stop there. On major exchanges, like Bitfinex, GDAX and Bitstamp, Bitcoin is trading for around $11,300. South Korean exchanges Bithumb, Coinone and Korbit, which offer BTC/KRW pairs, report prices of over $12,100.

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In the week when cryptocurrency values have reached new levels some worrying research from web security firm High-Tech Bridge reveals that more than 90 percent of the most popular cryptocurrency mobile apps on Google Play have common vulnerabilities and weaknesses.

The company used its free Mobile X-Ray service to test apps for security flaws and design weaknesses that can endanger the user, data stored on the device or sent and received via the network, or the mobile device itself.

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The fact that the price of Bitcoin today went past $10,000 for the first time ever will not come as a surprise to anyone familiar with this crazy market. The most-valuable cryptocurrency has had a fantastic year, setting record after record. On January 1, trading opened at $963.

Considering that Bitcoin peaked at over $10,100 moments before writing this article, this means that it is up around 1,048 percent since the beginning of the year. Let that sink in for a moment, and let's move on to more mind-blowing figures.

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When Bitcoin hits the headlines, it tends to be because its value is rocketing, or because there has been a token theft. Now, however, the financial cost of mining the cryptocurrency has been revealed.

The energy consumption of Bitcoin has been investigated by Digiconomist, and the cost is staggering. Using more power per year than Ireland, the mining of Bitcoin as well as performing checks gobbles up 30.14TWh every year.

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