The virtual land selling for millions

Posted by & filed under crypto-currency, Virtual goods.

Investors are spending real money to buy land in a new city that only exists in virtual reality. Buyers can build whatever they want on their plots in Decentraland. Many hope to make a profit trading goods and services in the virtual world’s own crypto currency. But will Decentraland be an online utopia or a… Read more »

The blockchain bonanza is over for graphics card makers

Posted by & filed under crypto-currency.

The image above is of a cryptomining rig For almost a year, cryptocurrency miners have snapped up all the graphics cards they could get their hands on. That was a financial windfall for Nvidia and AMD, the leading makers of consumer graphics cards. Both reported soaring profits their last two quarters. But on Thursday, Nvidia reported its financial… Read more »

Arsenal signs crypto-currency deal with gaming firm CashBet

Posted by & filed under crypto-currency.

  Arsenal has become the first major football club to sign a deal to promote a crypto-currency. The club has reached an agreement with the gaming company CashBet, which is planning to launch its own currency CashBet Coin. It will see CashBet Coin advertised at Arsenal’s Premier League home games. But one crypto-currency expert has questioned whether the… Read more »

How did music producer Gramatik raise $2m in 24 hours?

Posted by & filed under crypto-currency.

Rows between artists, managers and their record labels often become the stuff of music legend, but does blockchain technology mean that musicians could soon just deal directly with their fans – and keep far more profit for themselves?  Gramatik – real name Denis Jasarevic – is a Slovenian electronic music producer and DJ with a worldwide… Read more »

Bitcoin Cash deals frozen as insider trading is probed

Posted by & filed under Bitcoin, crypto-currency.

One of the US’s leading crypto-currency exchanges is carrying out an insider trading investigation.  Coinbase fears its own workers may have exploited its move into Bitcoin Cash – a spin-off of the original Bitcoin.  The San Francisco-based firm announced the move after Bitcoin Cash’s price jumped.  Coinbase began letting its users buy, sell, send and receive Bitcoin Cash on Tuesday… Read more »

Your browser could be mining cryptocurrency for a stranger

Posted by & filed under crypto-currency, Cyber Security.

THERE’S SOMETHING NEW to add to your fun mental list of invisible internet dangers. Joining classic favorites like adware and spyware comes a new, tricky threat called “cryptojacking,” which secretly uses your laptop or mobile device to mine cryptocurrency when you visit an infected site.  Malicious miners aren’t new in themselves, but cryptojacking has exploded in popularity… Read more »

What exactly is an ICO?

Posted by & filed under Bitcoin, crypto-currency.

In simple terms, an initial coin offering is an unregulated means to raise funds for a new crypto-currency business. It allows investors to buy newly created tokens – known as coins – issued by a venture in return for more established virtual currencies, such as bitcoins or ethereum. It is often compared to an IPO… Read more »