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Public Wi-Fi users could mine cryptocurrency for you

Finding a method for using other peoples’ computers to mine cryptocurrency is something that many cryptocurrency owners have fantasised about, but as Bitcoin has grabbed the headlines in recent months, some have taken things a step further. Two of the most common methods discovered to date involve infecting other machines or website with mining software or scripts designed for cryptojacking. Another method, discovered last month in Buenos Aires, consists of injecting mining code in pages served to users of public WI-Fi networks. This particular incident led a Barcelona-based software developer to investigate how such attacks could be automated. The latest...

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Is It The End Of The Beginning For Bitcoin?

Despite 2017 being a great year for Bitcoin, there are fears that this could come crashing down this year. The crypto game has changed significantly in just nine years, which has caused them to become a global phenomenon. It isn’t just investors either, corporations and governments are hiring blockchain experts to enable them to incorporate this new technology into their existing businesses. The reason that the popularity is growing so much, is because it is so much more readily available than it was a few years ago. There are certain apps and companies that make buying and selling virtual currencies,...

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IRS succeeds compelling crypto exchange

As Bitcoin surged in value throughout 2017, it was shadowed by an equally volatile regulatory regime covering virtual currencies. Now that Bitcoin has entered the mainstream of finance, and the world’s biggest cryptocurrency, Coinbase, is the top selling Apple free app, regulators in the US have belatedly been attempting to work out how to ensure that cryptocurrencies and their users can be brought into the existing legal framework. Though some government departments, such as the Securities and Exchange Commission, have taken a gradual approach to regulation by putting out guidance for cryptocurrency traders, others, such as the Internal Revenue Service...

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The Importance of Exchanges

If you are going to get into buying any cryptocurrencies besides Bitcoin, you will most likely have to start to venture into the exchanges. Exchanges are where you can trade coins for other coins or traditional currencies like Dollars and Euros. They function somewhat like the New York Stock Exchange or the NASDAQ. Some exchanges only transact in cryptocurrencies, and these exchanges generally have lower registration requirements than exchanges that also handle fiat currencies. In the past, it was possible to open an account at a crypto-only exchange while providing no more personal information than an email address. Those days...

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Elon Musk makes that case again!

Technology entrepreneur Elon Musk has often expressed the opinion that AI and computer devices will become so effective at a range of jobs that the vast majority of occupations will no longer be required by a modern economy. To his credit, Musk has also suggested an answer to the obvious problems of unemployment that this will cause: the universal basic income. He first voiced support for the universal basic income in 2016 and repeated his belief that it was inevitable at the World Government Summit in Dubai last year. Musk’s support for the idea is particularly interesting as he is...

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