As many of you know Bitcoin prices have surged recently up to $40,000 USD per bitcoin as of February 2021. We are in the middle of a bit rush! People are noticing Bitcoin’s surge and wondering how they can profit from it. In this article we will explore how custom silicon is a vital part of a winning bitcoin mining strategy.
Some… Read More
I get frustrated by shortsighted perceptions, which are misleading and dangerous is far easier to vilify something people don’t fully understand.
Here is another article, titled Bitcoin is Aiding the Ransomware Industry, published by Coindesk, implying cryptocurrency is the cause of digital crime.
This is one of many such… Read More
Cryptocurrency fraud is aggressively on the rise and topped over $4 billion last year, according to the security tracking company Chainalysis.
This is especially shocking to those who thought they had found an incredible investment in the cryptocurrency world, yet were swindled out of everything. As part of these cryptocurrency… Read More
Cryptocurrency is seen as a new, wild, reckless, revolutionary, and sometimes shady financial instrument. In addition to legitimate transactions, a disproportionate amount of attention is paid to the criminal use of cryptocurrency to store wealth, collect payments, transfer illicit funds, and launder money. Malicious
The Silence hacking crew, mostly attributed to a group of very crafty Russian hackers, has struck again pulling-in over $3 million in cash from ATMs.
At least 3 banks have been attacked in the latest campaign, with Dutch Bangla Bank being the largest. The criminal hackers first compromised the bank’s card management infrastructure… Read More
Cryptocurrencies represent a radical departure from traditional forms of money. Currencies like Bitcoin, Etherium and Monero offer many unique advantages over traditional currencies, and are changing how money is created and used. Bitcoin, the pioneer of cryptocurrencies, relies on pure computational power for so-called… Read More
The Internet of things (IoT) is growing rapidly and 2018 will be a fascinating year for the IoT industry. IoT technology continues to evolve at an incredibly rapid pace. Consumers and businesses alike are anticipating the next big innovation. They are all set to embrace the ground-breaking impact of the Internet of Things on our… Read More
As predicted, the rise of cryptocurrency valuation has captured the attention of cybercriminals. New hacks, thefts, misuse, and fraud schemes are on the rise. Where there is value, there will be a proportional risk of theft.Criminals always pursue and exploit systems where they can achieve personal financial gain. It is the … Read More
In the previous blog, Cybercriminals Next Targets: Short Term Dangers (part 1 of 2), I outlined how cybercriminals will use the holiday season to victimize unwary consumers and target businesses. They will also dive deeper into leveraging Internet-of-Things (IoT) devices. The longer-term outlook expands their reach to more… Read More
