Tuesday 24th December 2024
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University shuts down network to thwart Bitcoin cryptojacking scheme

The network and the university’s power were used covertly to mine for cryptocurrency. A Canadian university was forced to close down its entire network due to the discovery that the system was being abused in order to mine for cryptocurrency. Nova Scotia’s St. Francis Xavier University uncovered the cryptojacking scheme on Thursday. IT staff at […]

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Britain to regulate bitcoin with money-laundering rules

Britain has taken a significant step towards becoming a global bitcoin hub as the government announced it would regulate digital currencies for the first time by applying anti-money laundering rules to exchanges. Already the centre of the US$5-trillion-a-day market for traditional currencies, the UK is fast emerging as a centre for digital currencies, cementing its […]

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