Category: Cryptocurrency exchange
-
Mining Cryptocurrency on Phone: How to Get Started
While the best mining rigs have specialized ASIC chips, a powerful phone CPU can still contribute to some mining algorithms. In PoS, transaction validation depends on how many cryptocurrencies a user owns. The more coins a user has staked (committed to the network), the greater chance they have of being chosen to validate transactions and…
-
Crypto theft is on the rise Heres how the crimes are committed, and how you can protect yourself
A bug in the multi-signature code led to the theft of 153,037 ETH, valued at around $32 million in July 2017. The Parity Wallet has had two major security incidents, resulting in the loss of 666,773 ETH, or approximately $182 million at the time. Cryptocurrency is not backed by any government or physical asset, which…