Tag Archives: worth

Armed robbers steal $1.8 million worth of cryptocurrency

According to the DA’s press release, Meza knew the victim and knew he had a large amount of ethereum. After meeting the victim on the evening of November 4th, “Meza insisted on ordering a car service for the victim, who entered a minivan after parting ways with Meza,” the DA stated. The perpetrator was also […]

Bitcoin’s digital rival ethereum proves its worth with record high | Business

Bitcoin was trading at £17,482.42 last nightDAN KITWOOD/GETTY Ethereum gave its bigger rival bitcoin a run for its money yesterday as the second most popular cryptocurrency rose by 31.5 per cent in value to set a record of $623.07. The value of bitcoin dipped yesterday from the highs of Monday as investors took a breather […]

It Is No Longer Worth It To Build An Ethereum Mining Rig

Goodnight, sweet prince. Image: Daniel Oberhaus/Motherboard Back in May I wrote a guide explaining how to build an Ethereum mining rig, a special type of computer that forms the backbone of the Ethereum network and earns ether, the digital currency native to the network, for its owner. Shortly thereafter, Motherboard also made a video documenting […]

Australian Company Now Processes $1 Million Worth of Cryptocurrency in Bill Payments Each Week

Economics Living Room of Satoshi, an Australian company that allows its customers to make payments via credit card, direct bank, or BPAY using eleven different cryptocurrencies, has revealed that the company is now processing approximately $1 million AUD (roughly $ 756,000 USD) worth of bill payments each week. Also Read: Australian Bitcoin Adoption […]

Poor Guy Accidentally Steals and Then Destroys $300 Million Worth of Ether Cryptocurrency

Image: Gizmodo / Pixabay Thanks to a string of screw-ups and bugs, an unsuspecting developer recently took possession of an estimated $300 million worth of the Ethereum cryptocurrency by accident. In an attempt to give back the money, however, the poor guy ended up locking up the funds permanently. In effect, that money is just […]

‘Accidental’ bug froze $280 million worth of ether in Parity wallet

Millions of dollars’ worth of ether, the digital token of the ethereum blockchain, could be frozen on a cryptocurrency wallet because one individual “accidentally” triggered a bug. Parity, a cryptocurrency wallet provider, said in a security alert Tuesday that it had discovered a “vulnerability” in its wallet that allowed users to change code and become […]

$280M Worth of Ethereum Is Trapped for a Pretty Dumb Reason

On Monday, a small configuration mistake at an internet service provider and infrastructure company caused internet outages around the United States for a few hours, reverberating across other ISPs’ networks as well. Cool way to start the week. From there, research indicated this week that the Kremlin-linked hacking group APT28 (also known as Fancy Bear) […]

Bitcoin price: How much is a bitcoin worth? | City & Business | Finance

Bitcoin is down more than three per cent today (November 9), opening at £5,687.34 ($7,458.80), according to CoinDesk. The price of a single bitcoin at 3.18pm GMT was £5,491.74 ($7,202.28) per token. The drop comes off the back of the bitcoin community rejecting a controversial Segwit2x software upgrade, which would have increased the bitcoin block […]

One person permanently locked up $300 million worth of other peoples’ Ethereum / Boing Boing

About $300 million worth of Ether – the unit of cryptocurrency used on the Ethereum platform – from dozens of digital wallets was permanently locked up today because of one person’s mistake. The Ether had been stored in Parity’s “multisignature” wallets when a GitHub user, “devops199,” came across a detrimental vulnerability. According to Motherboard: According […]

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