crypto

MoonPay brings fiat balances to decentralized crypto

MoonPay, a crypto payments...




crypto

1 Top Cryptocurrency to Buy Before It Soars 16,939%, According to MicroStrategy Chief and Billionaire Michael Saylor




crypto

Cardano Founder Supports Ripple CEO Brad Garlinhouse’s Call For Clearer Crypto Regulations

Charles Hoskinson, the founder of the Cardano (ADA) blockchain, has sparked excitement within the crypto community after praising Ripple (XRP) CEO Brad Garlinghouse, calling him a “great CEO” while describing their interaction as “extremely collaborative” in a subsequent post made on X.  The positive public interaction by both founders has fueled speculation that Cardano and [...]




crypto

These Are Three of the Best Cryptocurrencies to Buy Right Now Before They Skyrocket




crypto

UK to Spell Out Crypto Plans as Startups Eye US Trump Benefits




crypto

Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies

The recent slide — gold has declined in six of the seven sessions since Trump's victory — follows a series of record-breaking milestones for bullion over the past year.




crypto

Filing: FTX co-founder Gary Wang, due for sentencing on Nov. 20, built “tools” to help the US government detect potential fraud in the stock and crypto markets




crypto

Sources: the UK Treasury is planning to introduce legislation on stablecoins and staking; the FCA says it plans to publish a crypto regulatory roadmap “shortly”




crypto

Crypto market capitalisation hits record $3.2 trillion, CoinGecko says

The value of the cryptocurrency market has topped $3 trillion and is in uncharted territory as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners of the asset class. The sum market value of cryptocurrencies touched…




crypto

Free Decryptor Released for BitLocker-Based ShrinkLocker Ransomware Victims

Romanian cybersecurity company Bitdefender has released a free decryptor to help victims recover data encrypted using the ShrinkLocker ransomware. The decryptor is the result of a comprehensive analysis of ShrinkLocker's inner workings, allowing the researchers to discover a "specific window of opportunity for data recovery immediately after the removal of protectors from BitLocker-encrypted





crypto

Apple & A24 sign Lena Dunham to write movie about FTX crypto implosion

Apple and A24 are working on a film adaptation about Sam Bankman-Fried and the FTX crypto scandal, with the script set to be written by Lena Dunham.


A representation of Bitcoin - Image Credit: Pixabay/Michael Wuensch

The two studios are in the early stages of developing the film based on the New York Times bestseller "Going Infinite: The Rise and Fall of a New Tycoon" by Michael Lewis. The book covers the rise of Bankman-Fried, followed by the eventual discovery of missing funds at the cryptocurrency exchange and subsequent fraud charges.

Lena Dunham has been attached to the film, reports Variety, having previously starred and produced the HBO series "Girls," as well as "Camping" and "Generation." Her work on "Girls" led to eight Emmy Award nominations, as well as one Golden Globe.


Continue Reading on AppleInsider | Discuss on our Forums




crypto

South Korea Arrests 215 On Suspicion Of $228 Million Crypto Scam

South Korean police have arrested 215 people on suspicion of stealing 320 billion won ($228.4 million) in the biggest cryptocurrency investment scam in the country.




crypto

Cyprus Business Now: crypto asset providers, CIFA president, energy tech firm

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced that Crypto-Asset Service Providers (CASPs) in Cyprus can now apply for a preliminary assessment under the EU’s Markets in Crypto-assets Regulation (MiCAR). This aims to ensure a smooth transition ahead of the regulation’s full implementation on December 30, 2024. The commission explained that “the decision […]





crypto

GSB G999 Utility as revolution for communication / Josip Heit: The future of cryptotechnology lies in a regulated environment

Josip Heit, GSB Gold Standard Banking Corporation AG: "GSB Group develops high-tech block chain and cryptotechnical products for communication networks under the aspect of a climate-friendly orientation




crypto

Mux Miner Creates New System for Cryptocurrency Miners

In addition, the team plans to optimize the calculation of functions for newbies and old users. This way the hash rate will grow faster.






crypto

A Memory Optimized Public-Key Crypto Algorithm Using Modified Modular Exponentiation (MME)  




crypto

A Novel Visual Cryptography Coding System for Jam Resistant Communications




crypto

Medical Image Security Using Quantum Cryptography

Aim/Purpose: Medical images are very sensitive data that can be transferred to medical laboratories, professionals, and specialist for referral cases or consultation. Strict security measures must be utilized to keep these data secured in computer networks when transferred to another party. On a daily basis, unauthorized users derive ways to gain access to sensitive patient medical information. Background: One of the best ways to which medical image could be kept secured is through the use of quantum cryptography Methodology : Applying the principles of quantum mechanics to cryptography has led to a remarkable new dimension in secured network communication infrastructure. This enables two legitimate users to produce a shared secret random bit string, which can be used as a key in cryptographic applications, such as message encryption and authentication. Contribution: This paper can make it possible for the healthcare and medical professions to construct cryptographic communication systems to keep patients’ transferred data safe and secured. Findings: This work has been able to provide a way for two authorized users who are in different locations to securely establish a secret network key and to detect if eavesdropping (a fraudulent or disruption in the network) has occurred Recommendations for Practitioners: This security mechanism is recommended for healthcare providers and practitioners to ensure the privacy of patients’ medical information. Recommendation for Researchers: This paper opens a new chapter in secured medical records Impact on Society Quantum key distribution promises network security based on the fundamental laws of quantum mechanics by solving the problems of secret-key cryptography . Future Research: The use of post-quantum cryptography can be further researched.




crypto

The Extended TRA Model for the Assessment of Factors Driving Individuals’ Behavioral Intention to Use Cryptocurrency

Aim/Purpose: The aim of this study was to explore the factors driving individuals’ behavioral intention to use cryptocurrency in Saudi Arabia using the extended TRA model. Background: Despite the great potential of cryptocurrencies and the exponential growth of cryptocurrency use throughout the world, scholarly research on this topic remained scarce. Whereas prior studies are mostly done in developed countries or specific cultural contexts, limiting the generalizability of their results, they mainly used technology adoption models that cannot fully explain the acceptance of new technology involved with financial transactions such as cryptocurrency and provided contradictory evidence. Entire regions have been excluded from the research on this topic, including Saudi Arabia which has a high potential to increase the volume of cryptocurrency use. Methodology: This study extends the theory of reasoned action (TRA) with the factors from technology adoption models that proved relevant for this topic, namely perceived usefulness, perceived enjoyment, perceived innovativeness, and perceived risk with three sub-factors: security, financial, and privacy risk. Data are collected using a quantitative research methodology from 181 respondents residing in Saudi Arabia and then analyzed by several methods, including exploratory factor analysis (EFA), confirmatory factor analysis (CFA), and structural equation modeling (SEM). Contribution: This study contributes to the scientific knowledge by extending the TRA model with a range of factors from the technology adoption field, thus enabling the analysis of this topic from human, financial, and technology perspectives and providing additional empirical evidence on the factors that previously either provided contradictory evidence or were not explored in this field. This research also provides the first empirical data on this topic in Saudi Arabia and enables further research on the topic and a comparison of the results. The study also contributes to practice by enhancing the actual understanding of the phenomena and providing valuable information and recommendations for governments, investors, merchants, developers, and the general population. Findings: The study found attitude, subjective norm, perceived usefulness, perceived enjoyment, personal innovativeness, privacy risk, and financial risk as significant predictors of the intention to use cryptocurrencies, whereas the influence of security risk was not found to be significant in Saudi Arabia. Recommendations for Practitioners: Using this study’s results, governments can create appropriate legal frameworks, developers can design fewer complex platforms, and merchants may create appropriate campaigns that emphasize the benefits of cryptocurrency use and transpire trust in cryptocurrency transactions by enhancing the factors with a positive impact, such as usefulness, enjoyment, and personal innovativeness while reducing concerns of potential users regarding the risky factors. By promoting a positive user experience, they can also improve attitudes and social norms towards cryptocurrencies, thus further stimulating the interest in their use. Recommendation for Researchers: As this study validated the influence of factors from technology, financial, and human-related fields, researchers may follow this approach to ensure a comprehensive analysis of this complex topic, especially as privacy risk was never examined in this context, while personal innovativeness, perceived enjoyment, financial, and security risk were explored in just a few studies. It is also recommended that researchers explore the impact of each part of subjective norms: social media, friends, and family, as well as how information on the benefits of cryptocurrencies affects the perception of the factors included. Impact on Society: Understanding the factors affecting cryptocurrency use can help utilize the full potential of cryptocurrencies, especially their benefits for developing countries reflected in safe, speedy, and low-cost financial transactions with no need for an intermediary. The research model of this study could also be used to investigate this topic in other contexts to discover similarities and differences, as well as to investigate other information systems. Future Research: Future studies should test this research model in similar and different contexts to determine whether its validity and study results depend on cultural and contextual factors. They can also include different or additional variables, or use mixed methods, as interviews would augment the comprehension of this topic. Future studies may also explore whether the impact of variables would remain the same if circumstances changed or use cases expanded, and how the preferences of the target population would change within a longitudinal time frame.




crypto

Geospatial Crypto Reconnaissance: A Campus Self-Discovery Game

Campus discovery is an important feature of a university student induction process. Approaches towards campus discovery differ from course to course and can comprise guided tours that are often lengthy and uninspiring, or self-guided tours that run the risk of students failing to complete them. This paper describes a campus self-discovery induction game (Geospatial Crypto Reconnaissance) which aims to make students aware of campus resources and facilities, whilst at the same time allowing students to make friends and complete the game in an enthusing and exciting way. In this paper we describe the game construct, which comprises of a location, message, and artefact, and also the gameplay. Geospatial Crypto Reconnaissance requires students to identify a series of photographs from around the campus, to capture the GPS coordinates of the location of the photograph, to decipher a ciphered message and then to return both the GPS coordinates and the message for each photograph, proving that the student has attended the location. The game had a very high satisfaction score and we present an analysis of student feedback on the game and also provide guidance on how the game can be adopted for less technical cohorts of students.




crypto

CLEAR & RETURN: Stopping Run-Time Countermeasures in Cryptographic Primitives

Myung-Hyun KIM,Seungkwang LEE, Vol.E107-D, No.11, pp.1449-1452
White-box cryptographic implementations often use masking and shuffling as countermeasures against key extraction attacks. To counter these defenses, higher-order Differential Computation Analysis (HO-DCA) and its variants have been developed. These methods aim to breach these countermeasures without needing reverse engineering. However, these non-invasive attacks are expensive and can be thwarted by updating the masking and shuffling techniques. This paper introduces a simple binary injection attack, aptly named clear & return, designed to bypass advanced masking and shuffling defenses employed in white-box cryptography. The attack involves injecting a small amount of assembly code, which effectively disables run-time random sources. This loss of randomness exposes the unprotected lookup value within white-box implementations, making them vulnerable to simple statistical analysis. In experiments targeting open-source white-box cryptographic implementations, the attack strategy of hijacking entries in the Global Offset Table (GOT) or function calls shows effectiveness in circumventing run-time countermeasures.
Publication Date: 2024/11/01




crypto

Private crypto versus public digital from Communications of the ACM

Money is a representation of wealth. A US dollar represents a fraction of the total wealth of the country. This definition underlies any discussion of currency, whether physical cash or digital tokens. Gold and silver have traditionally been used to represent a store of value that is intrinsic to a coin minted from




crypto

Trump’s election win will create demand for cryptocurrency insurance




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The crypto industry won big this election. It has several implications

The crypto industry was the largest corporate donor to this year's elections. Now it has a crypto-friendly president headed to the White House, while critics worry about the fallout for consumers.




crypto

Trump win ignites crypto frenzy that sends bitcoin to a record high

The price of bitcoin has hit a new high as investors bet that Donald Trump’s victory in the U.S. presidential election will be a boon for cryptocurrencies. 




crypto

Why do people use cryptocurrency despite all the fraud and complexity?

With the continuous and rapid evolution of the technological era, digital currencies are gaining popularity daily. They have been gaining traction from the past half-decade. Despite the fluctuations in bitcoin and other cryptocurrencies' value, more and more people start seeing cryptocurrency as a profitable investment. For instance, if we talk about Bitcoin, one of the most popular types of cryptocurrency, it has taken over the digital currency market. If we further discuss its fame, you'll see that it is being used in some of the biggest business names around the globe, including Microsoft, Overstock, and AT&T, now accept it as a method of payment. Here, you might be thinking, why do people use cryptocurrency and cryptocurrency wallets? What are their pros and cons? Is it worth investing in cryptocurrency wallets in 2020? If you have such questions, get them answered here. But first, let us tell you about the MOST USEFUL cryptocurrency wallets. A lot of wallets are designed solely for the storage of cryptocurrencies. At a time when there was a peak in online currency exchanges and thefts, there was a need to create a wallet that will provide ultimate protection. OWNR Wallet is one of the safest bitcoin wallets to buy crypto in 2020. It helps people in keeping their digital money safe from external threats. Along with security, OWNR Wallet offers a variety of useful features for both holders and traders.




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AEON introduces crypto payment on BNB Chain

Japan-based AEON has announced the launch of a...




crypto

October Report Highlights Big Gains in Crypto Mining Efficiency and Expansion

Source: Streetwise Reports 11/06/2024

Terawulf Inc. (WULF:NASDAQ) has reported its October 2024 production and operations. Read more about the companys mining efficiency gains, expansion plans, and high-performance computing initiatives.

Terawulf Inc. (WULF:NASDAQ) has reported its October 2024 production and operations. The report included significant advancements in self-mining with an operational capacity reaching 8.1 exahash per second (EH/s). This marks a 62% increase from the prior year. The company mined a total of 150 bitcoins during the month, averaging approximately 4.8 bitcoins per day, at a power cost of US$36,789 per bitcoin mined or about US$0.048 per kWh (kilowatt-hour). To improve efficiency, TeraWulf continued its miner refresh program at its Lake Mariner facility, replacing older models with upgraded S19 XP miners following its sale of interest in the Nautilus Cryptomine facility, which enabled additional hardware acquisitions.

Focusing on high-performance computing (HPC) infrastructure, TeraWulf's aim is to establish 72.5 MW HPC hosting capacity at Lake Mariner by Q2 2025. October's operational hash rate averaged 6.8 EH/s, with adjustments made for demand response events and performance optimization measures to enhance profitability. Construction on the company's 20 MW HPC hosting facility, CB-1, remains on schedule for Q1 2025, and a larger 50 MW HPC facility, CB-2, is expected by Q2 2025. The recent sale of TeraWulf's equity interest in Nautilus and new financing through convertible notes are anticipated to support these growth initiatives.

Sean Farrell, Senior Vice President of Operations at TeraWulf, explained in the press release, "October marked another productive month, with TeraWulf mining 150 bitcoin and sustaining an average daily production of around 5 bitcoin . . . In line with our previously outlined plans, we are accelerating the transition to more efficient mining hardware by replacing older miners at Lake Mariner with S19 XP models. We are also working closely with Bitmain's warranty department on a recovery plan to repair and replace 1.5 EH of mining equipment with a target completion by the end of the year. Furthermore, we have established a dedicated Business Development and Performance Optimization team focused on integrating advanced IT and software solutions to improve our operational hash rate and overall efficiency. Building 5, which has been designed to handle higher heat exhaust of the latest generation miners, remains on track to be operational in Q1 2025."

Why Crypto Mining?

The cryptocurrency mining sector has seen recent momentum, bolstered by the U.S. election results and the evolving landscape for Bitcoin. As Benzinga reported on November 6, bitcoin mining stocks experienced notable gains following the U.S. presidential election, which led to Bitcoin reaching record highs. The outcome was anticipated to benefit U.S.-focused mining companies as pro-crypto policies, including a preference for domestic bitcoin production, gained prominence. Benzinga noted that Trump had previously expressed support for more bitcoin mining within the U.S., a stance that influenced broader market optimism in the days following his election.

On November 4, Yahoo! Finance highlighted the growing trend among Bitcoin miners to integrate artificial intelligence (AI) to power a "new industrial revolution." As described by Rob Nelson, who emphasized the impact of cryptocurrency mining as a vehicle for both economic and technological change. This trend has driven miners to secure deals within the AI sector, given the synergies in computational power required for both cryptocurrency and AI initiatives. Nelson projected that this cross-industry expansion could have far-reaching effects, creating value for both miners and AI-focused enterprises.

Additionally, a November 6 report from Time explored the significance of the recent Presidential election outcome for the crypto industry's future regulatory environment. According to Time, Trump's support for the industry included ambitions to boost the country's bitcoin mining footprint, which aligned with crypto PACs' efforts to secure pro-crypto candidates. The article reported that these advocacy groups saw the election as an opportunity to reshape crypto regulation and encourage growth in U.S.-based bitcoin mining.

TeraWulf's Catalysts

TeraWulf's recent initiatives set a foundation for further growth and operational efficiency. According to the company's investor presentation, the sale of its 25% equity interest in the Nautilus facility enhances liquidity. This enables TeraWulf to reinvest in its flagship Lake Mariner site for both HPC and AI expansion.

The transaction also reduces exposure to the expiring Nautilus 2¢ power contract by 2027, positioning the company to benefit from projected power price increases at Lake Mariner. This strategic realignment is anticipated to improve fleet efficiency, with an upgraded mining fleet targeting 13 EH/s by Q1 2025, supported by the deployment of next-gen S21 Pro miners.

What Experts Are Saying...

On November 5, 2024, Roth MKM analyst Darren Aftahi assigned TeraWulf a "Buy" rating and set a price target of US$7.50. Roth highlighted optimism around the company's expansion and potential in high-performance computing (HPC) and bitcoin mining. Roth noted that TeraWulf's planned 72.5 MW of HPC capacity by Q2 2025 could generate annualized revenue of approximately US$90 million, with over US$60 million in profit. [OWNERSHIP_CHART-11184]

The report highlighted the completion of TeraWulf's initial 2.5 MW HPC project and its upcoming 20 MW facility, which remains on track for Q1 2025. Roth analysts pointed to the operational progress at TeraWulf's Lake Mariner facility, emphasizing the company's improvements in mining efficiency with new S19 XP models, which brought its machine efficiency to 22 J/TH.

Ownership and Share Structure

According to Refinitiv, management and insiders hold 6.67% of TeraWulf. Of them, Co-founder, COO, and CTO Nazar M. Khan holds the most, with 4.43%.

Strategic investors hold 21.37%. Of them, Riesling Power LLC holds the most at 5.23%, Baryshore Capital LLC holds 4.77%, Revolve Capital LLC has 4.67%, Opportunity Four of Parabolic Ventures owns 2.46%, and Lake Harriet Holdings LLC has 1.90%.

Institutions have 45.11%. The largest holders there are The Vanguard Group at 6.12%, BlackRock Instituional Trust with 4.22%, Two Sigma Investments LP at 2.28%, Beryl Capital Management LLC holds 1.74%, and Geode Capital Management LLC has 1.66%. The rest is retail.

TeraWulf has a market cap of US$2,375.93 million and 275.29 million free float shares. Their 52-week range is US$ 0.8911 - 7.28.
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Important Disclosures:

1) James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.

2) This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.

For additional disclosures, please click here.

( Companies Mentioned: WULF:NASDAQ, )




crypto

New Cryptography Must Be Developed and Deployed Now, Even Though A Quantum Computer That Could Compromise Today’s Cryptography Is Likely At Least A Decade Away, Says New Report

Given the current state of quantum computing and the significant challenges that still need to be overcome, it is highly unlikely that a quantum computer that can compromise public-key cryptography – a basis for the security of most of today’s computers and networks – will be built within the next decade, says a new report by the National Academies of Sciences, Engineering, and Medicine.




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Cryptoverse: Bitcoin is back with a bonk

The No.1 cryptocurrency has clocked a 26% gain in January, leaping 22% in the past week alone, breaking back above the $20,000 level and putting in on course for its best month since October 2021 - just before the Big Crypto Crash.




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EquityPay "EQPAY" Crypto Celebrates Exponential Growth with Dragonfly Wallet Installs

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Global Digital Reserve Usher to Launch $GDRC Soon - The Future of a Stable Cryptocurrency

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Crypto at a Pivotal Moment: Navigating a Transformative Landscape

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LetKnow Pay Clinches "Best Crypto Payment Gateway" at UF Awards Global 2024

In a significant triumph, LetKnow Pay has been honored with the prestigious title of "Best Crypto Payment Gateway" at the UF Awards Global 2024 ceremony.




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Advanced Bitcoin Chain Opens Crypto Mining

Due to the advantages offered by the Advanced Bitcoin Chain, the Advanced Bitcoin Center is now offering mining opportunities to interested parties.




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Discover the Future of Digital Assets: Exclusive Webinar on Private Crypto Banking

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Meme Coins Have Become A Key Component of The Recent Crypto Bull Market

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Careers in Crypto: 2024 Insights

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Crypto for Advisors: Hear from Crypto Experts on Navigating Fluctuating Market Conditions

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Passbase Becomes The First Identity Verification Provider To Accept Cryptocurrency

Passbase will be accepting bitcoin and ethereum, signalling confidence in and commitment to the crypto industry.




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iDenfy's biometric ID verification completes KYC compliance for Today's Crypto

iDenfy will ensure a secure and smooth content creators' onboarding on the streaming platform




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Artificial Intelligence-Focused Crypto Fund Boosts AI Tokens

AI-based Crypto Fund Boosts AI Token Usage




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Fast Guard Service Leads the Way in Crypto Payments with Shiba Inu and Bitcoin

Fast Guard Service, an innovator in the security guard services industry takes a progressive step towards the future by accepting cryptocurrency




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XBANKING Launches Revolutionary Restaking Protocol to Boost Passive Income for Cryptocurrency Holders

XBANKING, a leading innovator in the cryptocurrency staking sector, is proud to announce the launch of its groundbreaking restaking protocol, designed to enhance passive income opportunities for cryptocurrency investors significantly.




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Addressing How This New Crypto Technology Could Change the Landscape of Traditional Institutions

Could this new technology change traditional institutions for the better?




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Celia is Set to Elevate Crypto Trading with its Feature-rich Native Token!

Global Crypto Adoption Gains Momentum: Celia Aims to Empower Crypto Investors with a Highly Capable Token!