Cryptocurrency

MtGox loses over 400 Million worth of Bitcoin Files for Bankruptcy Protection

MtGox loses over $400 Million worth of Bitcoin, Files for Bankruptcy Protection

MtGox loses over $400 Million worth of Bitcoin, Files for Bankruptcy Protection With the recent events unfolding, Tokyo-based Bitcoin exchange, MtGox is officially filing bankruptcy protection on Friday in Japan with an outstanding debt of ¥6.5 billion (or $63.6 million USD).   CEO Mark Karpeles which was not been seen in …

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Harvard student caught abusing 14000 core Supercomputer to mine Dogecoin

Harvard student caught abusing 14,000-core Supercomputer to mine Dogecoin

Harvard student caught abusing 14,000-core Supercomputer to mine Dogecoin A Harvard student has decided to utilize the processing power of a supercomputer to mine Dogecoin. The said supercomputer cluster belongs to Harvard university called Odyssey, which boasts a 14,000-core Intel Xeon architecture with over 10TB of RAM.   According to …

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Central Bank of Jordan warned the public against using Bitcoin

Central Bank of Jordan warned the public against using Bitcoin

Central Bank of Jordan warned the public against using Bitcoin In line with other central banks, the Central Bank of Jordan (CBJ) has warned the public against the use of digital currency, particularly Bitcoin.   CBJ said that digital currencies are not legal tender and that investing in digital currencies …

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