Archives - Cryptocurrency


What is cryptocurrency?

Cryptocurrency is a digital currency used as a medium of exchange, similar to other currencies. However, unlike other currencies, cryptocurrency operates independently of a central bank and uses encryption techniques and blockchain technology to secure and verify transactions.

What is cryptomining?

Cryptocurrency mining, or cryptomining, is simply the way in which cryptocurrency is earned. Individuals mine cryptocurrency by using cryptomining software to solve complex mathematical problems involved in validating transactions. Each solved equation verifies a transaction and earns a reward paid out in the cryptocurrency. Solving cryptographic calculations to mine cryptocurrency requires a massive amount of […]

Keep your cryptocurrency stored offline

With the recent hype around digital currencies such as Bitcoin (BTC), maybe you’ve dabbled in the space and bought some yourself. The safest way to store these currencies is offline, on a USB drive or a “paper wallet,” which is a document containing all the information necessary for generating your BTC private keys.

An introduction to blockchain and what it means for data security

Many individuals heard about blockchain technology for the first time in 2017. Although it has many possible applications, it is best known as one of the key technologies underpinning cryptocurrencies such as Bitcoin and Ethereum, both of which reached all-time trading highs near the end of 2017. Their price surges fueled speculation about blockchain’s potential […]

Beware of cryptocurrency tech support scams

Criminals may pose as cryptocurrency (virtual currency) tech support. Individuals in need of tech support may use online search engines to find technical support companies. Criminals pay to have their fraudulent tech support company’s link show higher in search results hoping victims will choose one of the top links in search results. The fraudulent support […]

A new ransomware is spreading rapidly!

Have you got a “Fax e-mail” lately? Be very careful, this could be a dangerous heretic virus! A new ransom malware (Ransomware) called ‘CTB-Locker’ is now spreading all around the world through e-mails disguised as a “Fax e-mail” message. The malware is stored in a Zip file attached to the e-mail. Once opened, the ransomware […]