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Report claims late 2017 cryptocurrency spike was artificially inflated by Tether

A new report stemming from the University of Texas at Austin claims that the big surge in cryptocurrency values during 2017 was artificially created using a digital currency called Tether. The report focuses on Bitfinex.The post Report claims late 2017 cryptocurrency spike was artificially inflated by Tether appeared first on Digital Trends.
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Why a 19-year-old Bitcoin millionaire built a working Dr. Octopus suit

What would you do if you were a 19-year-old kid with $3.3 million? There are few people more equipped to answer that than teenaged bitcoin millionaire Erik Finman. Here's his answer.The post Why a 19-year-old Bitcoin millionaire built a working Dr. Octopus suit appeared first on Digital Trends.
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Scotland has a rehab clinic for people who are addicted to trading bitcoin

Can't help yourself when it comes to Bitcoin? Castle Craig Hospital is starting to treat cryptocurrency addicts like gambling addicts, and the hospital thinks it can help you break the "hold on for dear life," or HODL, trap.The post Scotland has a rehab clinic for people who are addicted to trading bitcoin appeared first on Digital Trends.
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Hackers prove how powerful computers can cheat Bitcoin and blockchain

The cryptocurrency ZenCash became the latest victim in a trend of 51 percent attacks which have lead to the theft of thousands of dollars worth of cryptocurrency, raising questions about the security of certain blockchains.The post Hackers prove how powerful computers can cheat Bitcoin and blockchain appeared first on Digital Trends.
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Scotland has a rehab clinic for people who are addicted to trading bitcoin

Can't help yourself when it comes to Bitcoin? Castle Craig Hospital is starting to treat cryptocurrency addicts like gambling addicts, and the hospital thinks it can help you break the "hold on for dear life," or HODL, trap.The post Scotland has a rehab clinic for people who are addicted to trading bitcoin appeared first on Digital Trends.
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The justice Department is now cracking down on cryptocurrency scams

The Justice Department is now working with the U.S. Commodity Futures Trading Commission to determine if digital coin traders are manipulating prices using illegal practices such as spoofing and wash trading.The post The justice Department is now cracking down on cryptocurrency scams appeared first on Digital Trends.
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How much energy does Bitcoin mining require? Experts are unsure

How much energy is used in the mining of Bitcoin? A recently released study suggests its as much as the annual energy consumption of Ireland. However, many experts disagree with those findings.The post How much energy does Bitcoin mining require? Experts are unsure appeared first on Digital Trends.
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Bitcoin’s profitability called into question as energy consumption rises

It may soon become undesirable to mine for Bitcoin if energy costs continue to rise. Bitcoin mining will consume 0.5 percent of the world's energy by the end of this year, and rising costs could make mining unprofitable.The post Bitcoin’s profitability called into question as energy consumption rises appeared first on Digital Trends.
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Here’s everything we know about the HTC Exodus smartphone

HTC has another smartphone on the horizon, and this time it's geared toward blockchain technology. Known as the HTC Exodus, the smartphone is designed to support cryptocurrencies and decentralization. Here's everything we know.The post Here’s everything we know about the HTC Exodus smartphone appeared first on Digital Trends.
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A German bank is using Bitcoin to handle international loans

A German bank is now using Bitcoin to help speed up international loans while keeping costs low. Bitbond was founded in 2013 and became an officially licensed bank in 2016, It currently manages $1 million each month.The post A German bank is using Bitcoin to handle international loans appeared first on Digital Trends.
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Miner One takes Bitcoin mining to new heights with space mission

Miner One sent its cryptocurrency mining rig to new heights. The Space Miner One rig used a helium balloon to launch into space to mine for bitcoin in a publicity stunt for an ICO launch.The post Miner One takes Bitcoin mining to new heights with space mission appeared first on Digital Trends.
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Inside a Bitcoin mine, fans, silicon, and frigid temperatures keep crypto pumping

Ever wondered what it's like inside a bitcoin mine? Us too -- so we packed up our cameras, threw them in the trunk, and drove up to Wenatchee, Washington to check one out. Check out the video to get an inside look!The post Inside a Bitcoin mine, fans, silicon, and frigid temperatures keep crypto pumping appeared first on Digital Trends.
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John McAfee-backed cryptocurrency platform leaks personal details

A cryptocurrency platform backed by paid-for sponsor John McAfee was responsible for the leak of thousands of investors' details, including their names, email addresses, and scans of their driver's licenses.The post John McAfee-backed cryptocurrency platform leaks personal details appeared first on Digital Trends.
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Quantum mechanics could save the blockchain from quantum computers

Protecting blockchain platforms from the power of quantum computers is a concern of all blockchain developers. Two physicists at the Victoria University of Wellington have come up with a quantum blockchain to fix it.The post Quantum mechanics could save the blockchain from quantum computers appeared first on Digital Trends.
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Bitcoin put him on the street. Then it made him a fortune

Bitcoin has been good to Ray Youssef. As the co-founder of Paxul, a cryptocurrency exchange, it's helped make him wealthy. He’s a passionate promoter of using Bitcoin to give back, no matter the tactics required.The post Bitcoin put him on the street. Then it made him a fortune appeared first on Digital Trends.
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Mt. Gox chief returns as an exec at a VPN giant

Former Mt. Gox CEO Mark Karpeles may still be on trial for embezzlement in Japan, but that isn't stopping him
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Amazon patent wants to unmask Bitcoin users, sell data to law enforcement, others

Amazon has a brand-new patent to its name, but it's nothing to do with retail. The internet giant now has a patent on the ability to identify Bitcoin owners through the use of amalgamated sales and telecoms data.The post Amazon patent wants to unmask Bitcoin users, sell data to law enforcement, others appeared first on Digital Trends.
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New York to investigate cryptocurrency exchanges

As the SEC and other US regulators look for ways to deal with cryptocurrency, New York is taking a step
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Beyond Bitcoin: How blockchain will reshape the future

Don’t be fooled by the hype – blockchain isn’t a passing fad that’ll fade out in a year or two. It truly has the potential to reshape the world we live inThe post Beyond Bitcoin: How blockchain will reshape the future appeared first on Digital Trends.
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From the doctor to the DMV, blockchain can make governments swift and secure

Blockchain might not be the best technology for every situation, but it can do more than underpin Bitcoin transactions. Governments could be one of the best uses, protecting citizens' data from interference.The post From the doctor to the DMV, blockchain can make governments swift and secure appeared first on Digital Trends.
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It’s no crypto-utopia. Blockchain has real problems to solve.

Blockchain technology might have the support of many thousands of developers, but it's no panacea. In a chat with some of the premier blockchain developers, we look at the most serious problems the technology faces today.The post It’s no crypto-utopia. Blockchain has real problems to solve. appeared first on Digital Trends.
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Blockchain is coming to an election near you, but don’t expect it to be perfect

Experts say blockchain technology will be introduced to voting systems in the US in the next couple of years. That could make voting more secure, but might also have unforeseen consequences.The post Blockchain is coming to an election near you, but don’t expect it to be perfect appeared first on Digital Trends.
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City of Austin is hoping the blockchain can help protect the homeless

Austin is seeking new ways to use technology to address the issues of homelessness and is turning to blockchain in order to protect their identities.The post City of Austin is hoping the blockchain can help protect the homeless appeared first on Digital Trends.
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Yahoo Japan invests in a cryptocurrency exchange platform launching this fall

Yahoo Japan and BitARG Exchange Tokyo both confirmed a 40 percent investment in an upcoming Bitcoin exchange platform launching this fall. Yahoo Japan will supposedly make additional investments at the beginning of 2019.The post Yahoo Japan invests in a cryptocurrency exchange platform launching this fall appeared first on Digital Trends.
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Cryptojacking is the new ransomware. Is that a good thing?

Cryptominers are now one of the most common types of malware, beating out long standing malicious software like ransomware. But is this new type of threat here to stay? We spoke to security experts to find out.The post Cryptojacking is the new ransomware. Is that a good thing? appeared first on Digital Trends.
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What is an ASIC miner?

Although some cryptocurrencies can be mined with general purpose hardware like graphics cards, the biggest like Bitcoin, need ASIC miners; hardware that's designed specifically to do one thing and one thing only: mine.The post What is an ASIC miner? appeared first on Digital Trends.
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You may need to pay extra if you want to buy a home with Bitcoin

It may still be cheaper to buy a house with cash or a bank loan, as one seller is demanding a steep premium if you're trying to fund your purchase with Bitcoin. A $30 million property in New York City faces a 50 percent markup.The post You may need to pay extra if you want to buy a home with Bitcoin appeared first on Digital Trends.
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A disused coal power station will reopen to solely power crypto

A closed-down coal plant in Australia's Hunter Valley, about a two-hour drive north of Sydney, is reopening in order to
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Coinbase may register with SEC as brokerage firm

Coinbase is reportedly considering registering with the SEC as a securities broker in order to expand the number of currencies they can offer on their platform.The post Coinbase may register with SEC as brokerage firm appeared first on Digital Trends.
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Indian central bank looks to block Bitcoin, while creating its own cryptocurrency

In a move that critics claim could drive cryptocurrency trading underground, the Indian central banking authority has announced a ban on offering banking services to anyone involved in trading Bitcoin or its altcoins.The post Indian central bank looks to block Bitcoin, while creating its own cryptocurrency appeared first on Digital Trends.
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Bitmain’s $800 Ethereum ASIC miner could help bring GPU prices down

Although Bitmain and its hardware have their detractors, the newly announced Antminer E3 Ethereum ASIC miner has proved exceedingly popular and could help bring graphics card prices back down to Earth.The post Bitmain’s $800 Ethereum ASIC miner could help bring GPU prices down appeared first on Digital Trends.
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How to

How to mine one million dollars in bitcoin on an $800 laptop

Just about any device capable of banging a few numbers together can contribute to a cryptocurrency mining pool, that means almost any device can technically mine any bitcoin. Thing is, it might take you a little while. The post How to mine one million dollars in bitcoin on an $800 laptop appeared first on Digital Trends.
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