DDoS For Hire, a CIA Card Game, and More Security News This Week

A major DDoS for hire site gets taken down, the CIA has a card game that you can play soon too, and more security news this...

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20MW Solar Farm Set to Power Crypto Mining in Rural Australia
Apr29

20MW Solar Farm Set to Power Crypto Mining in Rural Australia

Reports have indicated that planning approval has been granted for a 20-megawatt solar farm that will be used to power cryptocurrency mining and a data center in Collie, Western Australia. Also Read: Bitcoin’s Near Term Fortunes: “Inflows of Big Money,” New Indices Emerge  20MW Solar Farm to Power Cryptocurrency Mining in Western Australia The application for the solar farm has been made a by Hadouken Pty...

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Taiwanese Bitcoin Regulations Expected by November 2018
Apr29

Taiwanese Bitcoin Regulations Expected by November 2018

Taiwan’s Minister of Justice has indicated that the country is anticipating to have implemented a regulatory apparatus for cryptocurrencies by November 2018. The Minister made comments revealing the expected deadline during a recent anti-money laundering conference. Also Read: Venezuela Shuts Down Two Cryptocurrency Exchanges Cryptocurrency Regulations Expected to be Enacted in Taiwan Before 2019 High-ranking Taiwanese...

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Chinese Household in Trouble for Chasing a Lost Cause – Mining Bitcoin with Phones
Apr29

Chinese Household in Trouble for Chasing a Lost Cause – Mining Bitcoin with Phones

A Chinese household has been stealing electricity to mine bitcoin using 50 mobile phones and 15 improvised mining rigs. The home workshop has consumed almost 33,000 kWh of unbilled electricity. That should be enough for a couple of bitcoins, but using a smartphone for the job is not really an option.   Also read: 80% of the 21 Million Bitcoins Have Been Mined Into Existence Stealing Kilowatts to Mine Peanuts An electric utility...

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Chilean Minister Supports Cryptocurrencies After Court Sided With Exchanges
Apr29

Chilean Minister Supports Cryptocurrencies After Court Sided With Exchanges

The Chilean Minister of Economy has voiced his support for cryptocurrencies after the country’s anti-monopoly court ordered major banks to re-open the accounts of crypto operators. Three banks out of the 10 sued by local cryptocurrency exchange Buda have been ordered to re-open crypto exchange accounts. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Minister of Economy Supports Crypto José...

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