Sentences with phrase «uses of a cryptocurrency by»

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.

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

Transactions are secure and transparent, with low fees, notwithstanding no use of cryptocurrency by end users.

The Central Bank of Iran has not prohibited the use of cryptocurrencies by law and only sought to warn people of the potential risks inherent in them, as the regulator has yet to announce its official stance.

Likewise, the Treasury of the United Kingdom stated that they are «working to address concerns about the use of cryptocurrencies by negotiating to bring virtual currency exchange platforms and some wallet providers within anti-money laundering and counter-terrorist financing regulation.»

Japan watchdog, the Financial Services Agency, also took action against six other exchanges and ordered them to improve measures against risk and use of cryptocurrency by criminals.

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.

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.

«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.

«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.

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.

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

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.

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.»

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.

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.»

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.

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.

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.»

(1) PandaMiner has the right to suspend user's account and block all cryptocurrency, fiat currency and commodity sums contained therein, in case of non-fulfilment or unduly fulfilment of the terms of use by the user.

A new bill introduced by a U.S. lawmaker calls for the formation of a task force to combat the use of cryptocurrencies in financing terrorism.

Our initial finding focused on «로그인 오류.hwp «or «Korean Day» lure, but once we created a signature for the particular implementation of the PostScript, we found three additional lure documents in a public malware repository tied together by the use of this exploit: two CVs and a cryptocurrency exchange - themed lure.

Today's infographic comes to us from NetCents, and it highlights the growing acceptance of cryptocurrency by retailers and a willingness for consumers to consider using it.

The Trump administration on Monday banned all use by Americans of Venezuelan cryptocurrency, saying that its introduction is intended to skirt U.S. sanctions.

Instead of re-creating a «cryptocurrency», or «token» using blockchain technology, Aramco creates digital shares of a pre-fixed amount of crude oil, reserved by the company.

Cryptocurrency holds the promise of a financial system without a middleman, one owned by the people who use it and one safeguarded from the devastation of a 2008 - type crash.

While the dominance of the currency may no longer be as much as it used to be back in the early days of cryptocurrencies, Litecoin is still the 5th largest cryptocurrency by market cap and a major player in the markets.

Though by all estimates the vast majority of people have no idea what cryptocurrencies are, how they work and what use they have.

A new LendEDU survey of Bitcoin investors shows that a vast majority plan to hold their investment for over a year, challenging the assumption that the cryptocurrency is mostly used by short - term investors.

Cardano is more than just a cryptocurrency, however, it is a technological platform that will be capable of running financial applications currently used every day by individuals, organisations and governments all around the world.

According to recent news report on one of the cryptocurrency sites, Bitcoin is now increasingly being used by nonprofit and charitable organizations across the world.

A year ago I wrote about the comparative dynamics of three outstanding kinds of money of different generations — the older generation was represented by gold, the 20th - century generation was represented by the Dollar (Index) and for the modern generation I used the cryptocurrency Bitcoin (BTC).

However, Japan is miles ahead when it comes to cryptocurrency usage and mainstream awareness because Bitcoins are being used in the country for years now - even before the price boom of last year, Bitcoins were recognized by the banks of Japan.

The growth in the use of the cryptocurrency has been phenomenal, with 2015 seeing the number of bitcoin transactions per day growing by 150 percent, and the total number of bitcoins in circulation increasing by a solid 10 percent across the 12 months.

Developed by BitPay, a leading cryptocurrency payment system, Copay is considered to be one of the most secure wallets that is easy to use for beginners and anyone that uses their Bitcoin on a regular basis as a form of payment.

However, the bank has been accused of inflating its fees for cryptocurrency purchases by traders in America who used their credit cards to do so.

In the email, the spokesperson said: «I can confirm that we no longer allow the purchase of cryptocurrencies via Interac Online Payments or by using a retail consumer Mastercard - branded credit or debit card.»

Through this pairing, any one of Overstock's customers will now have the option of making a purchase by using available cryptocurrencies, including Ethereum, Litecoin, Dash and Bitcoin Cash.

Bad actors could begin using cryptocurrency mining attacks to generate new Litecoin, which may increase the number of organizations that will be affected by such incidents in the coming years.

Crypto Switch acts as a bridge between various technologies used in Forex and cryptocurrency industries by allowing brokers access to a number of global cryptocurrency exchanges and liquidity providers.

Equihash, the Proof - of - Work (PoW) mining algorithm used by Zcash and a variety of other cryptocurrencies, is about to get a lot less equitable.