Internet

Casanova: A scalable consensus protocol for blockchain

A team of researchers at Pyrofex Corporation recently introduced Casanova, a leaderless optimistic consensus algorithm suited for use in a blockchain. Rather than producing a chain, Casanova produces blocks in a directed ...

Business

Tracking crypto pump-and-dump operations on social media

The practice is unethical, yet not illegal per the SEC. Cryptocurrency scammers have found a way to make a quick profit through social media platforms like Twitter and Telegram, using the pump and dump method. In short: they ...

Business

Hackers steal $97 mn from Japanese crypto exchange

Japanese cryptocurrency exchange Liquid was scrambling Friday to recover stolen assets worth nearly $100 million, in the second such major heist by hackers in recent days.

Business

Cryptocurrency derivatives markets are booming: study

Markets for cryptocurrency derivatives—contractual side-bets on the future price of cryptocurrencies—have exploded in recent years. On a busy day, over $100 billion in these derivatives are traded, rivaling the daily ...

Computer Sciences

Foiling illicit cryptocurrency mining with artificial intelligence

Los Alamos National Laboratory computer scientists have developed a new artificial intelligence (AI) system that may be able to identify malicious codes that hijack supercomputers to mine for cryptocurrency such as Bitcoin ...

Security

Researchers invent low-cost alternative to Bitcoin

The cryptocurrency Bitcoin is limited by its astronomical electricity consumption and outsized carbon footprint. A nearly zero-energy alternative sounds too good to be true, but as School of Computer and Communication Sciences ...

Business

Studying the effects of crypto mining on Texas power grid

Cryptocurrency transactions may be costing more than just transaction fees. The electricity used for these transactions is more than what some countries, like Argentina and Australia, use in an entire year.

Business

States debate whether to restrict—or invite—crypto mining

As cryptocurrency mining draws increased scrutiny on Capitol Hill in Washington, D.C., some state legislatures are considering proposals to restrict the industry over growing concerns about its energy use. Other states, though, ...

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