Business 4 hours ago

Microsoft removes free apps linked to cryptojacking

Eight apps were found on the Microsoft store that would use a device to secretly mine for Monero.

Business 10 hours ago

Thailand crypto mining scam allegedly victimizes 140

A crypto mining site has been accused of stealing as much as $1.34 million from its investors.

Business 14 February 2019

GMO Group loses JPY1.3B in cryptocurrency mining business

Japanese GMO Group lost quite a bit of money last year in the cryptocurrency business, as Bitcoin Core prices plunged and mining got less profitable.

Business 13 February 2019

Canaan Creative co-founder leaves crypto miner maker: report

Internal disagreements have reportedly sent Xiangfu Liu, one of the three founders of Bitmain’s crypto mining rival Canaan Creative, packing.

Business 12 February 2019

Australian cops mistake crypto mining farm for pot farm

Police in South Australia had their man. They conducted their investigation, their due diligence and waited for the right opportunity to pounce.

Business 7 February 2019

Six German suspects arrested for stealing electricity to mine crypto

The suspects reportedly operated the mining farm for at least a year and a half. In that time, they consumed enough electricity to power 30 households.

Tech 7 February 2019

Crypto mining is like counterfeiting, Russian banking exec says

The head of a Russian bank has compared cryptocurrency mining to ‘counterfeiting’, and warned the industry is unlikely to have a long-term future.

Tech 5 February 2019

Bitmain’s hashrate reaches 16-month low

As cryptocurrency mining company has seen one blow after another, it is becoming increasingly possible that the end is near.

Tech 4 February 2019

Bitfury, Korean partner set up crypto mining operations in Paraguay

The sites, which will be equipped with Bitfury’s BlockBox AC mobile datacenters, will be powered by clean energy from the Itaipú hydroelectric power plant.

Business 29 January 2019

Nvidia revises FY2019 Q4 forecast downward

Chipmaker Nvidia Corporation has lowered its projected revenue for the fourth quarter of the fiscal year 2019 by $500 million, to $2.2 billion.

Business 25 January 2019

JPMorgan provides its global perspectives on blockchains and cryptocurrencies

JPMorgan has released a 53-page “snapshot” of the state of cryptocurrencies and blockchains. The report is a fascinating view of how the industry has progressed and where it is headed, even though the analysts seem—on a few occasions—to not completely understand the space.

Business 25 January 2019

HK stock exchange chief takes a swipe at Bitmain’s IPO attempt

SEHK CEO Charles Li Xiaojia responded to media questions about the status of initial public offering (IPO) applications of three cryptocurrency mining hardware manufacturers—Bitmain Technology, Canaan Creative, and Ebang International Holdings.