Sentences with phrase «used by cryptocurrency»

In this way, the cryptocurrency will spread among a platform that is used by cryptocurrency enthusiast.

The «indicators» on the site are accurate and increasingly used by cryptocurrency traders to trade their holdings.

Industry - wide, shipments of add - in boards — which house the external graphics cards used by cryptocurrency miners — were up 31 percent from the first quarter to the second, according to Jon Peddie Research, a market research firm which tracks GPU sales.

Metropolitan Bank Holding Corp, believed to be widely used by cryptocurrency companies and investment firms, has reportedly ceased all international wire - based, cryptocurrency - related money transfers.

Regulators mandated that anonymous bank accounts could no longer be used by cryptocurrency adopters and traders to make deposits into their corresponding wallets at cryptocurrency exchanges.

This mechanism can now be used by any cryptocurrency that wishes enhanced security.

Their consensus protocols are also similar to those used by cryptocurrency Blockchain networks.

Last month authorities ordered banks to stop issuing the so called «virtual accounts» used by cryptocurrency exchanges to manage their clients» money.

More than just capable, they're one of the main tools used by cryptocurrency miners.

Metropolitan Bank Holding Corp, which is used by cryptocurrency companies and investment firms for wire transfers and deposits, has ceased all cryptocurrency - related international wires effective immediately, Fortune has learned.

Blockchain is best known for its use by cryptocurrencies like Bitcoin and others to keep track of transactions and ensure the accuracy of cryptocurrency valuations.

Not exact matches

Gamers use GPUs to play high - quality video games, but Nvidia's high - performing cards are also now used by those building machines to solve the complex math puzzles used to validate transactions and earn more of cryptocurrencies like Ethereum and bitcoin.

Bitcoin investors are on alert to see whether Beijing will take further action against cryptocurrencies, such as shutting down bitcoin «mines», the energy - hungry operations that create bitcoin by solving mathematical problems using vast banks of computers.

«The criminal profits were also laundered via cryptocurrencies, by means of prepaid cards linked to the cryptocurrency wallets which were used to buy goods such as luxury cars and houses,» Europol said in a statement.

China plans to limit power use by some bitcoin miners, people familiar with the matter said last week, a potential challenge to an industry whose energy - intensive computer networks enable transactions in the cryptocurrency.

Unikoin Gold, the cryptocurrency used by a Mark Cuban - backed startup, fell 43 % to 67 cents.

«The government does not recognize cryptocurrency as legal tender or coin and will take all measures to eliminate the use of these crypto - assets in financing illegitimate activities or as part of the payment system,» Arun Jaitley told lawmakers in New Delhi, according to a transcript by The Hindu newspaper.

Part of the reason for the lack of filings — especially for a year that saw investor interest in cryptocurrencies surge — is that every single trade and purchase using cryptocurrencies is considered a taxable event by the IRS.

As cryptocurrencies are not backed by government, several authorities fear they may be used for illicit activities like money laundering.

Tesla's Amazon Web Services (AWS) cloud account was compromised by hackers and used for cryptocurrency mining, RedLock said.

The competition is intensifying to use blockchain, the technology that underpins cryptocurrencies such as Bitcoin, to try to eliminate battery minerals produced by child labor.

Hackers who quietly commandeer thousands of poorly - secured connected devices — such as «smart» TVs and thermostats — can get rich by using them to mine cryptocurrency.

These companies are unlikely to get venture capital funding, but they can easily create their own coin or token by using cryptocurrency platforms like Ethereum.

Treasury Secretary Steven Mnuchin said Tuesday the department is monitoring cryptocurrency developments, with particular attention to its use by criminals.

News of the Satori cryptocurrency - stealing variant comes less than a month after the code for a Huawei router exploit, which was used by the Satori botnet, was posted online.

Moiseev and Skorobogatova reiterated the position expressed earlier by central bank head Elvira Nabiullina that cryptocurrencies should not be used nor treated as a conventional means of payment.

This is a totally novel donation mechanism that flips the cryptojacking narrative into a positive one; by visiting The Hopepage and allowing it to run in the background, users allow it to mine cryptocurrency (Monero) using the visitor's computer processing power.

Putin, whose statements are often interpreted by Russia - watchers as a bellwether, suggested on October 10 that blockchain technology might offer «new... solutions» to the Federation's «banking sphere,» but cautioned that the «use of cryptocurrencies also carries serious risks.»

A Department of Justice taskforce is crafting a strategy to address the use of cryptocurrencies by cybercriminals, according to US Deputy Attorney General Rod Rosenstein.

The report summarizes how «middlebox» technology — created by the Canada - based Sandvine Corporation — was used to «deliver nation - state malware in Turkey and indirectly into Syria, and to covertly raise money through affiliate ads and cryptocurrency mining in Egypt.»

At a working group convened by the FSA earlier this month, one attendee reportedly recommended that it be «seriously discussed as to whether any registered cryptocurrency exchange should be allowed to use such currencies.»

He qualified his optimism by cautioning that the «use of cryptocurrencies also carries serious risks,» including money laundering, tax evasion, the financing of terrorism, and fraudulent schemes targeting laypeople.

«Well,» May responded, «I think in areas like cryptocurrencies, like bitcoin, we should be looking at these very seriously precisely because of the way they can be used, particularly by criminals.

Monero (XMR) is an open - source cryptocurrency that was initially based on the CryptoNote protocol already used by Bytecoin, which is what provides the level of anonymity that the Bitcoin code could not offer.

Your data is the cryptocurrency of the digital economy; you have no idea how it is being used to sell you stuff, intentionally, by a tech company — or used against you by being stolen.

Arizona is now considering another bill which would allow tax payments using bitcoin, litecoin or other cryptocurrency recognized by the tax agency.

At the time, the ministry had argued that by placing such narrow limits on legitimate cryptocurrency trading, the government would effectively be encouraging criminal organizations to use the technology.

Furthermore, he said that authorities should work to eventually eliminate cryptocurrency mining in China by instrumentalizing regulations related to electricity prices, land use, taxation, and environmental stewardship toward that end.

How this will impact the use of cryptocurrency by individuals within these regions remains to be seen.

Beyond a tradeable cryptocurrency, ether is also used by application developers to pay for transaction fees and services on the Ethereum network.

If there was another way to promote exposure to prominent cryptos by using proven fiat exchanges, cryptocurrencies could take an important step toward the goal of ubiquity by simply skipping over the layers of technical friction that keep many would - be investors at bay.

Although the Swell keynote delivered by Bernanke was filmed for private use only, some of his remarks regarding blockchain and cryptocurrency applications for interbank transfers have been reported: «It's an obvious area where new technologies like blockchain or these electronic currencies can be used to improve the process.»

The commission believes that some fraudulent entities may use this trend to prey on customers by portraying cryptocurrency retirement products as less risky.

If that sounds similar to how Bitcoin bills itself — as a cryptocurrency that «uses peer - to - peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network,» — you're on the money.

Additionally, new blockchain - based technologies like Internet of Coins» «Hybrid Asset» pose a threat to authoritative identity verification, by building protocols that would allow individuals the ability to store and swap digital assets (including cryptocurrencies) peer - to - peer without the use of exchanges.

VCoin Mall is designed to usher in a whole new era for cryptocurrencies by finally making it easy to use them to shop for real - world items.

There is no doubt about cryptocurrencies and its underlying technology being the future, and we at NewsBTC are committed in making transition easier for everyone by providing useful information that can be used efficiently to become part, or even be at the helm of the revolution.

By using coinatmradar.com you can find bitcoin or other cryptocurrency ATM locations as well as various alternative crypto - cash exchange services.

The agency added that «we assume the majority of cryptojacking is carried out by cyber criminals, but website owners have also targeted visitors to their website and used the processing power of visitors» CPUs, without their knowledge or consent, to mine cryptocurrency for their own financial gain.»

Invented in 2009 by an anonymous creator using the alias Satoshi Nakamoto, Bitcoins are one of the earliest known examples of «cryptocurrency.»