Researchers demystify centralization in cryptocurrency mining

Blockchain technology has been considered as the most revolutionizing invention since the internet. Due to its immutable nature and the associated security and privacy benefits, it has attracted the attention of banks, governments, ...

How cryptocurrency scams work

Millions of cryptocurrency investors have been scammed out of massive sums of real money. In 2018, losses from cryptocurrency-related crimes amounted to US$1.7 billion. The criminals use both old-fashioned and new-technology ...

Researchers link realism to blockchain's promise

Depending on who you ask, blockchain technology is poised to revolutionize the world—from creating a universal currency to building a free and truly private internet. Or, the new technology, built with a combination of ...

Cryptocurrencies: High volatility and returns

It's been an extremely volatile year for Bitcoin prices. About a year ago, Bitcoin was trading in a range of $4,000 to $5,000. After climbing to a high of just over $20,000 in December 2017, it now seems to be back where ...

Bitcoin better than the dollar?

The name cryptocurrency does not inspire trust. Advanced statistical analysis for the Bitcoin market carried out at the Institute of Nuclear Physics of the Polish Academy of Sciences in Cracow, however, has not shown any ...

A reliable cryptocurrency needs good governance, say researchers

Participants in cryptocurrency networks like Bitcoin need to be better at preempting beneficial software changes. This will ensure the security and privacy of addresses and transactions, and help retain the value of cryptocurrencies, ...

Chinese police nab suspects after $87 mn cryptocurrency theft

Chinese police have arrested three suspects alleged to have stolen assets worth 600 million yuan ($87 million) through hacking, state media reported Sunday, as cyber criminals target holders of bitcoin and other virtual currencies.

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