Crypto Ethone

During her confirmation hearing, the Treasury nominee said that blockchain-based financial networks are “a particular concern. CRYPTOCURRENCIES COULD COME  under renewed regulatory scrutiny over the next four years if Janet Yellen, Joe Biden's pick to lead the Treasury Department, gets her way.  During Yellen's confirmation hearing on Tuesday before the Senate Finance Committee, Senator Maggie Hassan (D-New Hampshire)  asked Yellen  about the use of cryptocurrency by terrorists and other criminals. "Cryptocurrencies are a particular concern," Yellen responded. "I think many are used—at least in a transactions sense—mainly for illicit financing." She said she wanted to "examine ways in which we can curtail their use and make sure that [money laundering] doesn't occur through those channels." Blockchain-based financial networks are attractive to criminals because they do not require users to identify themselves—as the law requires most conventi...

  QNAP says the malware is targeting NAS devices with weak passwords. Taiwanese hardware vendor QNAP has published a security advisory today warning customers of a new malware strain named  Dovecat  that is currently targeting its line of network-attached storage (NAS) devices to abuse local resources and mine cryptocurrency behind users' backs. The company said the malware is currently spreading by connecting to QNAP NAS systems left exposed online using weak passwords. Today's  security advisory  comes after the company began receiving reports from its users last year about two unknown processes —named dovecat [ 1 ,  2 ] and  dedpma — that were running non-stop and consuming the device's memory. Matthew Ruffell, a Canonical software engineer and the founder of Dapper Linux, analyzed the malware last year when it found it on an Ubuntu system. According to his  analysis , the malware was capable of infecting any Linux system but appea...

  Bitcoin wobbles as the US dollar experiences a bout of optimism. Incoming Treasury Secretary Janet call for curbs on “reprehensible” Bitcoin Deutsche Bank says Bitcoin more likely to halve than double Crypto markets largely down as stock markets strengthen with US political stability Bitcoin is trading around US$34,100 at the time of writing according to  Coinbase.com . Bitcoin has led the crypto downturn today falling by as much as 8.2% to a low of $33,507 from the day’s high of $36,513. Confidence in the political climate in the United States is resuming with the Biden administration being inaugurated today.  As a result, confidence in the strength of the US dollar has resumed with the dollar rising against Bitcoin purchasing 290 satoshis up from 230 satoshis at the height of the Bitcoin bull run in early January. The market for altcoins is following Bitcoin’s wobbly price movements.  Ether  and  Bitcoin Cash  have both dropped by around 4.4% wit...

  TORONTO, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Rhotex ( www.rhotex.com ) has officially launched 3 miner cases configured with an in-built factory cooling system to ensure 100% efficiency as the chips generate heat. From Rhotex, this first of its kind innovation designed by seasoned crypto industry experts provides an environmentally responsible solution to today's challenges with the traditional miners by consuming lesser power supply compared to the output performance . Rhotex currently offers a range of products in their new offer: RHO Lite, RHO Pro, and RHO Rack, which come with incredible features such as low power consumption, high-performance output, Wi-Fi/ Ethernet connection , easy setup and productive compatibility with various blockchain options.  These combined with its inbuilt cooling system increases expected hash rate conversion hence giving it an edge in the industry.  All products in the RHO series were painstakingly analyzed and tried under intense condi...

  Russian Crypto Exchange Livecoin Forced to Close After Hack Livecoin , a Russia-based crypto exchange, has announced that it will be shutting down operations and refunding its customers after it was allegedly hacked in December last year.  Details of the hack are unconfirmed and no post-mortem report for it exists at present time, but Livecoin has proceeded to announce its impending closure, and also to warn its customers about fake accounts or impersonated Livecoin staff in the process of refunds. “Investigation is in active phase right now. Our service has been damaged hard in technical and financial way(s). There is no way to continue operative business in these conditions, so we take a hard decision to close the business and (will be) paying the remaining funds to clients,” the announcement on the site reads. On December 24, the Livecoin team stated that the exchange’s servers were under a “carefully planned attack”. It was later found that the exchange lost...

Programmer at peace with losing $300m Bitcoin fortune A  San Francisco  programmer locked out of his $300 million  Bitcoin  fortune because he can't remember a password has been bombarded with advice since news of his misfortune went worldwide. Stefan Thomas has only two of 10 password attempts  left to crack the code or he will lose 7002  Bitcoins  forever. Appearing to have consigned himself to never recovering the $303 million stash, Mr Thomas said he had long ago "made peace" with his likely reality. He has been unable to remember his password to a small hard drive, known as an IronKey, which contains the critical private keys to Mr Thomas' digital wallet. If unlocked, the digital wallet is where the 7002 Bitcoin are stored. After his story went viral last week, he has had advice on how to get the password from hackers and well-meaning public, some logical, some chemical, some mystical. "One person suggested, have you tried the word 'password'?...

  Polkadot has comfortably surpassed XRP in terms of market value following a massive gain of 62% in barely 7 days. There have been some big shakers in the crypto -verse amid recent sell-offs seen in the fast ever-changing financial market and Polkadot is among them. According to figures from a leading analytics firm, Coinmarketcap, Polkadot has comfortably surpassed XRP in terms of market value following a massive gain of 62% in barely 7 days.  This makes it the fourth-biggest crypto asset in the crypto market. What you should know At the time of writing this report, Polkadot traded at  $17.70  with a daily trading volume of $6 Billion. Polkadot is up 12.8% for the day. The fast-rising crypto-asset presently has a market value of around $13.3 Billion. It has a circulating supply of 900,576,862 DOT coins and the maximum supply is not available. In addition, XRP, conversely, has been down 10% for the week as XRP bulls had challenges taking the cross-...