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Archive for the ‘bitcoin’ category: Page 21

Jun 13, 2021

Musk says Tesla will accept bitcoin again as crypto miners use more clean energy

Posted by in categories: bitcoin, climatology, sustainability

Tesla halted car purchases with bitcoin in mid-May due to concerns over how mining contributes to climate change.

Jun 10, 2021

Hacking bitcoin wallets with quantum computers could happen – but cryptographers are racing to build a workaround

Posted by in categories: bitcoin, cybercrime/malcode, mobile phones, quantum physics

Stefan Thomas really could have used a quantum computer this year.

The German-born programmer and crypto trader forgot the password to unlock his digital wallet, which contains 7002 bitcoin, now worth $265 million. Quantum computers, which will be several million times faster than traditional computers, could have easily helped him crack the code.

Though quantum computing is still very much in its infancy, governments and private-sector companies such as Microsoft and Google are working to make it a reality. Within a decade, quantum computers could be powerful enough to break the cryptographic security that protects cell phones, bank accounts, email addresses and — yes — bitcoin wallets.

Jun 9, 2021

Interactive Brokers will offer crypto trading by the end of the summer

Posted by in categories: bitcoin, cryptocurrencies, Elon Musk

Interactive Brokers — seen as the e-broker with some of the most sophisticated clientele — is slated to start trading cryptocurrencies on its platform in the coming months.

“Customers certainly are asking for [crypto trading] and we expect to be ready to offer it to them by the end of the summer,” Interactive Brokers Chairman and CEO Thomas Peterffy said Wednesday at the Piper Sandler Global Exchange & FinTech Conference.

Investors, both retail and institutional, have poured into bitcoin and other digital assets in 2021. Bitcoin’s price has soared to above $34000 from the $9000 in June of 2020. The price of bitcoin has experienced wild volatility recently due to headlines on a China crackdown, Elon Musk and investors taking excessive risk.

Jun 7, 2021

US recovers millions in cryptocurrency paid to Colonial Pipeline hackers

Posted by in categories: bitcoin, cryptocurrencies, cybercrime/malcode

U.S. investigators have recovered millions of dollars in cryptocurrency that Colonial Pipeline paid hackers last month to end a ransomware attack on its systems.

Deputy Attorney General Lisa Monaco announced Monday afternoon that the Department of Justice “found and recaptured the majority of the ransom” paid to the DarkSide network, the group responsible for the attack.

Paul Abbate, the deputy director of the FBI, said the bureau successfully seized the ransom funds from a bitcoin wallet that DarkSide used to collect Colonial Pipeline’s payment.

May 28, 2021

Chia Is a New Way to Waste Resources for Cryptocurrency

Posted by in categories: bitcoin, cryptocurrencies

What Bitcoin does for electricity and Ethereum for video cards, Chia does for hard disks.

May 28, 2021

Massive bitcoin mine discovered in UK after police raid suspected cannabis farm

Posted by in categories: bitcoin, food, sustainability

LONDON — An illegal bitcoin mine has been found by police in the U.K. who were looking for a cannabis farm.

The mine — located in an industrial unit on the outskirts of the English city of Birmingham — was stealing thousands of pounds worth of electricity from the mains supply, West Midlands Police said Thursday.

Police searched the unit in Sandwell on May 18 on the back of intelligence that led them to believe it was being used as a cannabis farm.

May 25, 2021

Elon Musk says he talked to ‘North American Bitcoin miners,’ sending bitcoin price surging

Posted by in categories: bitcoin, Elon Musk, sustainability

The price of bitcoin jumped about 4% Monday afternoon after Tesla CEO Elon Musk tweeted that he was having active discussions regarding the sustainability of the digital coin.

Bitcoin was trading around $38074, according to Coindesk, when at about 3:42 p.m. ET Musk posted on Twitter: “Spoke with North American Bitcoin miners. They committed to publish current & planned renewable usage & to ask miners WW to do so. Potentially promising.”

Within minutes, the price had shot up to more than $39500. Overall, the coin is up more than 17% in the last 24 hours.

May 23, 2021

Crypto miners halt China business after Beijing cracks down, bitcoin tumbles

Posted by in categories: bitcoin, business, cryptocurrencies

Cryptocurrency mining operators, including a Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on bitcoin mining and trading, sending the digital currency tumbling.


Cryptocurrency miners, including HashCow and BTC.TOP, have halted their China operations after Beijing intensified a crackdown on bitcoin mining and trading, hammering digital currencies amid heightened global regulatory scrutiny of them.

A State Council committee led by Vice Premier Liu He announced the crackdown late on Friday — the first time the council has targeted virtual currency mining, a big business in China that accounts for as much as 70% of the world’s crypto supply. read more

Continue reading “Crypto miners halt China business after Beijing cracks down, bitcoin tumbles” »

May 20, 2021

Dr Jamie L. Wells, MD — Director, Research Science Inst — Pediatrician, Medical Innovator, Educator

Posted by in categories: biotech/medical, bitcoin, business, education, health, policy, robotics/AI, science

Pediatrician, Medical Innovator, Educator — Dr. Jamie Wells, MD, FAAP — Director, Research Science Institute (RSI), Center for Excellence in Education, Massachusetts Institute of Technology (MIT) — Professor, Drexel University School of Biomedical Engineering, Science and Health Systems.


Dr. Jamie L. Wells, MD, FAAP, is an Adjunct Professor at Drexel University’s School of Biomedical Engineering, Science and Health Systems, where she has been involved in helping to spearhead the nation’s first-degree program focused on pediatric engineering, innovation, and medical advancement.

Continue reading “Dr Jamie L. Wells, MD — Director, Research Science Inst — Pediatrician, Medical Innovator, Educator” »

May 12, 2021

Longevity Meets Blockchain — AMA with Aubrey de Grey and Vitalik Buterin

Posted by in categories: bitcoin, life extension

Join Aubrey de Grey and Vitalik Buterin on our fireside chat where they discuss and answer questions at the intersection of longevity and web3.

The AMA is hosted by VitaDAO — VitaDAO is the world’s first decentralized intellectual property collective.

Continue reading “Longevity Meets Blockchain — AMA with Aubrey de Grey and Vitalik Buterin” »

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