Why the Value of Ethereum Has Skyrocketed 4000 Percent

Watch: Why the value of Ethereum has skyrocketed 4000%

  • The suddenly popular cryptocurrency has risen over 4000 percent in value over the last year.
  • It’s now the second most popular cryptocurrency after bitcoin, and is worth billions of dollars.
  • Invented in 2013 by 19-year-old Canadian programmer Vitalik Buterin, ethereum is more powerful than bitcoin, thanks to what are known as “smart contracts.”
  • Smart contracts are what investors are really excited about, and have contributed to ethereum’s sharp rise in value.
  • Check out our beginner’s guide to the cryptocurrency.

Watch a short explainer on the cryptocurrency’s steady rise.
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Hackers hold hotel’s keys hostage for bitcoin ransom

  • In one attack, the hackers held all system — including the hotel’s reservation and cash desk system — hostage.
  • The hotel said it had to pay 1,500 euros in bitcoin currency before the hackers would allow the guests back into their rooms.
  • The hotel hopes that coming forward with the story will raise awareness of the possibility of cyber attacks.
  • To keep rooms open and guests moving, the hotel is moving from automatic to manual.
  • The hotel hopes to clamp down on cybercrime and safely move with the digital age once more.

A European luxury hotel is going back to the basics, replacing its electronic key cards with lock and key. And with good reason.
Continue reading “Hackers hold hotel’s keys hostage for bitcoin ransom”

Hackers hold hotel’s keys hostage for bitcoin ransom

  • The hotel hopes to clamp down on cybercrime and safely move with the digital age once more.
  • To keep rooms open and guests moving, the hotel is moving from automatic to manual.
  • Hackers hold hotel’s keys hostage for bitcoin ransom
  • For now, modernization plans for the hotel have been swapped for a make-under.
  • In one attack, the hackers held all system — including the hotel’s reservation and cash desk system — hostage.

A European luxury hotel is going back to the basics, replacing its electronic key cards with lock and key. And with good reason.
Continue reading “Hackers hold hotel’s keys hostage for bitcoin ransom”

Hackers hold hotel’s keys hostage for bitcoin ransom

  • The hotel hopes to clamp down on cybercrime and safely move with the digital age once more.
  • To keep rooms open and guests moving, the hotel is moving from automatic to manual.
  • Hackers hold hotel’s keys hostage for bitcoin ransom
  • For now, modernization plans for the hotel have been swapped for a make-under.
  • In one attack, the hackers held all system — including the hotel’s reservation and cash desk system — hostage.

A European luxury hotel is going back to the basics, replacing its electronic key cards with lock and key. And with good reason.
Continue reading “Hackers hold hotel’s keys hostage for bitcoin ransom”

Hackers hold hotel’s keys hostage for bitcoin ransom

Hackers held a hotel's keys hostage for bitcoin ransom

  • The hotel hopes to clamp down on cybercrime and safely move with the digital age once more.
  • To keep rooms open and guests moving, the hotel is moving from automatic to manual.
  • Hackers hold hotel’s keys hostage for bitcoin ransom
  • For now, modernization plans for the hotel have been swapped for a make-under.
  • In one attack, the hackers held all system — including the hotel’s reservation and cash desk system — hostage.

A European luxury hotel is going back to the basics, replacing its electronic key cards with lock and key. And with good reason.
Continue reading “Hackers hold hotel’s keys hostage for bitcoin ransom”