Long Blockchain, the beverage company-turned-crypto-firm, is facing a delisting from the Nasdaq stock exchange, public records show. The reason lies in Long Blockchain's sliding stock price, which rose to nearly $7 in December after a strong market response following its crypto-pivot. Now trading below $4, the company's press-time market...
The U.S. Federal Communications Commission (FCC) warned a New York City resident this week that his bitcoin mining hardware was interfering with a broadband network operated by T-Mobile. The FCC issued a "Notification of Harmful Interference" to Victor Rosario, dated Feb. 15, informing him that the Commission received a...
Canadian electric utility Hydro-Quebec may raise energy rates for crypto businesses due to an influx of requests from miners hoping to take advantage of its cheap rates. More than 100 crypto mining companies have approached Hydro-Quebec, spokesman Marc-Antoine Pouliot told CTV News Montreal, and a few have already settled...
"Be careful out there!" So tweeted litecoin creator Charlie Lee in response to the launch of litecoin cash, a cryptocurrency that's expected to spin off from his project, the fifth largest cryptocurrency by total value, next weekend, taking its code and transaction history with it. Always outspoken, Lee went...
Russian cybersecurity firm Kaspersky Lab reported today that a vulnerability in Telegram's messaging app had been exploited to turn desktop computers into unwitting crypto-miners – a claim that the firm's founder is pushing back against. The cyberattacks were uncovered by Kaspersky Lab, a global cybersecurity software provider, who reports...
Digital media publication Salon is offering its visitors an alternative to traditional online ads: allowing the site to use their computer processing power to mine cryptocurrency. In order to provide free content, Salon primarily depended on advertisements to run its servers, the company explained in a blog post published...
A mining company backed by Bitfury is set to become publicly listed later this month in Canada. Bloomberg reports that Hut 8 Mining Corp will appear on the TSX Venture Exchange, headquartered in Toronto. Back in December, Hut 8 announced that it was partnering with Bitfury in order to...
GMO Internet, a publicly listed IT firm headquartered in Japan, has set August as the tentative launch date for its previously announced cloud mining service. The company revealed last fall that it was devoting tens of millions of dollars to its mining venture, with the aim of building a...
An Icelandic lawmaker has suggested imposing a new tax on bitcoin mining companies. Speaking with Associated Press, Smari McCarthy of the Icelandic Pirate Party floated the idea during an interview about the country's global position as a hub for bitcoin miners. Iceland has long played home to an ecosystem of bitcoin miners,...
U.K. government websites and more than 4,000 others worldwide have reportedly been exploited by malware that harnesses visitors' computers to mine cryptocurrency. According to BBC, the incident was first revealed after British security researcher Scott Helme, who raised the alarm that users browsing the website of the U.K. Information Commissioner's...