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Ryuk. Once a name unique to a fictional character from a popular Japanese manga or manga series, it has now become a name that appears on the roster of some of the most malicious ransomware to grace the wild web. Ryuk ransomware has been around for just 15 months, so achieving such notoriety is quite a feat for an incredibly young stock. Unless the attackers behind that campaign demand a halt (remember GandCrab?) or law enforcement permanently strangles them, we can only expect the Ryuk threat to continue to loom over organizations. . First discovered in mid-August 2018, Ryuk quickly…
Bitfury, a full-service blockchain technology company, today announced the launch of Exonum Enterprises.A full-service blockchain division based on Bitfury's Exonum blockchain framework, offering Blockchain-as-a-Service (BaaS) to make it easier for businesses and governments to design and launch private blockchain projects. Already deployed in several use cases, Bitfury is using Exonum’s timestamp capabilities to verify and secure land ownership in the Republic of Georgia, securing over 2 million titles to date. In Ukraine, Bitfury built the Exonum blockchain-based e-auction system for the national e-government agency in 2018 and has completed 50,000 auctions to date, increasing total turnover by 18 percent. Bitfury,…
Las Vegas is a playground for gamblers and vacationers. Whether you're a full-time professional gambler who frequents casinos across the country or just someone who wants a thrill every now and then, Royal Vegas Online AccountLas Vegas, the city of sin, is a lot of fun. Lately, the city has been hit by economic uncertainty, leaving some wondering how casinos can regain revenue while still providing a great experience for visitors. One idea being discussed over cappuccinos and in boardrooms is to embrace cryptocurrency. So, will Las Vegas embrace cryptocurrency? Find out the answer. Las Vegas slow to respond to…
Bitcoin's incredible bull run has led to a surge in public interest in cryptocurrencies. In 2017, Bitcoin recorded a phenomenal growth rate, rising from $1,000 to $19,784, which led to an unprecedented rise in the use of this financial instrument.Interestingly, this growth was primarily driven by cryptocurrency exchanges, which can be easily understood as online platforms that facilitate the buying and selling of various digital currencies. The functionality of cryptocurrency exchanges can be compared to the foreign exchange market, as they often offer users similar trading options. However, unlike traditional exchanges, cryptocurrency platforms allow users to organize transactions without geographic…
Paul Krugman (center) answers questions from reporters. You know what I want? I want Paul Krugman to video call me right now. I'll show him how to download a cryptocurrency wallet. Then he'll hold up his phone. I'll scan the QR code of his public address. And I'll send him the tokens of his choice. He would see and experience how this works. He might hate it, as he still does, but at least he would immerse himself in and experience the reality of a modernized money and payments system instead of writing rubbish about it. shift There has been…
The once-billionaire CEO of a cryptocurrency company born out of a bra maker has quietly stepped down.
Victoria's Secret model Alessandra Ambrosio shows off the Floral Fantasy Bra gift set at a Victoria's Secret store in New York City on October 18, 2012. Brendan McDiarmid/ReutersThe crypto company's former chief executive officer, Mike Putre, resigned from his position earlier this month, according to a company filing. His holdings in the company made him a billion-dollar businessman in December, according to The Wall Street Journal. The CEO of a crypto technology company that was born out of a reverse takeover of a fitness clothing company has stepped down, company filings show. The Crypto Company's former CEO, Michael Putre, resigned…
The once-billionaire CEO of a cryptocurrency company born out of a bra maker has quietly stepped down.
Victoria's Secret Fantasy BraBrendan McDiarmid/ReutersThe crypto company's former chief executive officer, Mike Putre, resigned from his position earlier this month, according to a company filing. His holdings in the company made him a billion-dollar businessman in December, according to The Wall Street Journal. The CEO of a crypto technology company that was born out of a reverse takeover of a fitness clothing company has stepped down, company filings show. The Crypto Company's former CEO, Michael Putre, resigned from the company on May 14. He was replaced by former president James Gilbert.The Crypto Company made headlines during the cryptocurrency boom of…
If you look at recent headlines, you might come to a common conclusion. Given the ups and downs of the market, it is too early to take cryptocurrencies seriously.And despite the best efforts of even the industry's most prominent developers, the world's largest cryptocurrency remains not only unstable but also difficult to use, at least not in the way its creators intended ( It is also true that there are risks).Still, enthusiasts around the world are hard at work improving it for 2018.As such, optimistic progress may begin to become more complex, creating a user experience that finally begins to…
Cryptotech Announces First Token Crowdsale for World's Largest and Most Efficient Bitcoin Mining
Norway-based cryptocurrency mining company Cryptotech AS today announced the launch of its first crowdsale in connection with the creation of the world's largest, ultra-efficient and ultra-fast-operating Bitcoin mining facility. Cryptotech's mining, scheduled to be operational in August 2018, leverages disruptive patent-pending technology in the semiconductor industry to reduce chip power consumption by 80% in a nearly twice as small package. This is achieved by employing a recent invention that enables semiconductor manufacturers to produce more efficient chips using only one type of transistor (N-type transistors). Before this revolutionary invention, semiconductor chips had to be made with two types of transistors,…
Sweden, the Scandinavian country famous for ABBA, Bjorn Borg, and Volvo, is leading the way in becoming the world's first cashless country, and the technology behind Bitcoin and the cryptocurrency it spawned will help that process. We are promoting.Two years ago, in October 2015, Niklas Arvidsson, a researcher in industrial economics and management at KTH Royal Institute of Technology in Stockholm, helped write a study predicting that the country would become the first to adopt a cashless society. I did. “Cash remains an important means of payment in many national markets, but this is no longer the case here in…