Report: Nvidia to See Q3 Strong Earnings, Crypto-Related GPU Sales Remain in Downtrend

Report: Nvidia to See Q3 Strong Earnings, Crypto-Related GPU Sales Remain in Downtrend Experts from analytical firm Trefis have forecasted increased sales of Nvidia’s graphics processing units (GPUs) at the end of the third quarter (Q3) of this year, Forbes reported Nov. 13. Trefis notes that, while overall GPU sales will be up, sales from cryptocurrency-related activities will remain…

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Court Takes Control of Funds Amid Crypto Exchange’s Banking Dispute

Court Takes Control of Funds Amid Crypto Exchange’s Banking Dispute https://www.shutterstock.com/image-photo/toronto-ontario-canada-june-18-2017-663012397?src=Y-JwD4rTdS1cvlRBjorm4w-1-2A Canadian court is taking charge of $26 million CAD claimed by crypto exchange QuadrigaCX due to a dispute over the funds’ provenance. Judge Glenn Hainey of the Ontario Superior Court of Justice granted the Canadian Imperial Bank of Commerce (CIBC) an interpleader order on Nov. 9, allowing the court…

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Target Twitter Account Hacked, Platform Defenseless Against Crypto Scammers

Target Twitter Account Hacked, Platform Defenseless Against Crypto Scammers The official, verified Twitter account of a leading U.S. retailer has been compromised by hackers, who are leveraging the account to steal cryptocurrencies from investors in an apparent giveaway scam. Target Hit: Hackers Infiltrate Verified Retailer Twitter Account Determined cybercriminals have, reportedly, gained access to the…

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New Linux-Targeting Crypto-Mining Malware Combines Hiding and Upgrading Capabilities

New Linux-Targeting Crypto-Mining Malware Combines Hiding and Upgrading Capabilities Japanese multinational cybersecurity firm Trend Micro has detected a new strain of crypto-mining malware that targets PCs running Linux, according to a reportpublished Nov. 8.The new strain is reportedly able to hide the malicious process of unauthorized cryptocurrency-mining through users’ CPU by implementing a rootkit component. The malware itself, detected by Trend Micro as…

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Electronics Giant Bosch Partners with IOTA to Launch New Device for IoT Data Collection

Electronics Giant Bosch Partners with IOTA to Launch New Device for IoT Data Collection Engineering and electronics manufacturer Bosch has partnered with IOTA, integrating its new data collection Internet of Things (IoT) device with the decentralized IOTA Data Marketplace, according to a tweet from Bosch Nov. 12.The IOTA Marketplace is a decentralized data marketplace where parties can buy…

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Marc Andreessen: Bitcoin Is A “Very Important Idea”

Marc Andreessen: Bitcoin Is A “Very Important Idea” Marc Andreessen, one of the internet’s foremost entrepreneurs and investors, has recently doubled-down on his pro-Bitcoin sentiment, divulging that cryptocurrency is a “fundamentally new and very important concept.” This notable nod of acceptance from such a luminary indicates that this budding industry continues to pick up steam, even…

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