Monthly Archives: November 2018

Bitcoin Price Ends November With Worst Monthly Decline in 7 Years

Bitcoin just ended its worst-performing month in seven years in terms of month-over-month price declines. The world’s largest cryptocurrency began November at an average price across exchanges of $6,341, but as of 0:00 UTC on December 1 is trading at just $3,964, according to CoinDesk’s Bitcoin Price Index. As it stands, the near $2,400 drop… Read More »

New Crypto Mining Malware Seen to ‘Evolve,’ Say Researchers

Researchers at Israel-based cybersecurity firm Check Point Software Technologies say that a relatively new form of crypto mining malware, dubbed KingMiner, is “evolving.” In a research note on Thursday, the firm’s Ido Solomon and Adi Ikan said that KingMiner, a monero mining malware that first appeared about six months ago, is changing through time to… Read More »

Vitalik Buterin Awarded Honorary Doctorate from University of Basel

The creator of ethereum, Vitalik Buterin, has just been awarded an honorary doctorate by the University of Basel. Now Dr. Buterin, Vitalik received the recognition from the institution’s Faculty of Business and Economics for his work on blockchain development at the Dies Academicus – an annual celebration of the founding of the university – on… Read More »

Mining Giant Bitmain Launches Crypto Index for Investors

Beijing-based cryptocurrency mining giant Bitmain has launched a new cryptocurrency index as a benchmark for investors. The firm announced Friday that the new Bitmain Crypto Index tracks the performance of some of the “largest and most liquid” cryptocurrencies, and is denominated in U.S. dollars. The index publishes two types of prices, a real-time spot price… Read More »

Capitulation? Bitcoin’s Price Dropped 36% in November

Bitcoin (BTC) tanked in November on the back of high volumes, raising the possibility that the market has, to some extent, capitulated. The largest cryptocurrency by market capitalization is currently trading at $4,000 – down 36 percent from its monthly opening price of $6,318 – according to CoinMarketCap data. That drop marks the biggest monthly… Read More »

Asus Allows Gamers to Mine Crypto With Their Idle Graphics Cards

Taiwan-based tech giant Asus is now letting gamers use the number crunching power of their graphics cards to earn a share of profits from cryptocurrency mining. The company announcedThursday that it has partnered with mining app provider Quantumcloud to allow gamers to earn “passive income” by allowing access to their Asus graphics cards (or GPUs)… Read More »

Intel Wins Patent for Energy-Efficient Bitcoin Mining

Global tech giant Intel, known for its widely-used computer processors, has won a patent connected to its work in the area of cryptocurrency mining. On Tuesday, the U.S. Patent and Trademark Office awarded the company a patent outlining a processor which claims to be able to conduct “energy-efficient high performance bitcoin mining,” specifically naming the… Read More »