Russia Plans to Block Cryptocurrency Exchanges

Russia plans to block cryptocurrency exchanges

  • In September, cryptocurrency exchanges in China, where digital money is bought and sold for cash, stopped serving customers in the country to comply with government directives.
  • Now, Russia is planning to follow suit and block cryptocurrency exchanges within its borders, CNBC and Russian outlet RBC report.
  • According to CNBC, first deputy director of Russia’s central bank Sergei Shvetsov said at a conference in Moscow on Tuesday morning that the government will block cryptocurrency exchanges.
  • Russian news outlet TASS reported in September that the government was working on some new legislation to cover cryptocurrencies, which will be presented later in October.
  • If Russia blocks cryptocurrency exchanges, it means that the digital currency will lose yet another market.

Bitcoin takes another hit abroad.
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AMD shares are surging with bitcoin because digital-currency ‘miners’ need its graphics cards

  • AMD shares rose as much as 7 percent Tuesday after the company revealed the dramatic jump in digital currency prices is driving demand for its graphics cards.
  • AMD is one of the market’s best performing stocks in the past year with its shares up nearly 170 percent in the past 12 months through Tuesday morning compared with the S&P 500’s 15 percent return.
  • AMD one-year chart

    Source: FactSet

    Cryptocurrency miners use graphics cards from AMD and Nvidia to “mine” new coins, which can then be sold or held for future appreciation.

  • AMD launched the RX 500 series of graphics cards on April 18.
  • Used AMD RX 470 graphics cards are selling for well over $100 list price on eBay.

AMD told CNBC on Monday the “newly resurgent cryptocurrency mining markets” are driving demand for its graphics cards.
Continue reading “AMD shares are surging with bitcoin because digital-currency ‘miners’ need its graphics cards”

AMD shares are surging with bitcoin because digital currency ‘miners’ need its graphics cards

  • AMD shares rose as much as 7 percent Tuesday after the company revealed the dramatic jump in digital currency prices is driving demand for its graphics cards.
  • AMD is one of the market’s best performing stocks in the past year with its shares up nearly 170 percent in the past 12 months through Tuesday morning compared with the S&P 500’s 15 percent return.
  • AMD one-year chart

    Source: FactSet

    Cryptocurrency miners use graphics cards from AMD and Nvidia to “mine” new coins, which can then be sold or held for future appreciation.

  • AMD launched the RX 500 series of graphics cards on April 18.
  • Used AMD RX 470 graphics cards are selling for well over $100 list price on eBay.

AMD told CNBC the “newly resurgent cryptocurrency mining markets” are driving demand for its graphics cards on Monday.
Continue reading “AMD shares are surging with bitcoin because digital currency ‘miners’ need its graphics cards”

Carleton University computers infected with ransomware

  • According to a graduate student, the attackers have asked for 39 bitcoin to unlock all of Carleton’s infected computers.
  • “Our research is halted right now because all our computers are either shut down or infected,” the graduate student said.
  • Matthew Braga is the senior technology reporter for CBC News.
  • Students have been warned to shut down their computers, and stay off the school’s wireless network.
  • A graduate student at the university emailed CBC to say the attackers have asked for payment in bitcoin, a digital currency that is difficult to trace.

Students at Carleton University are being warned that some of its computers have been infected by ransomware — a type of computer virus that uses encryption to effectively hold files hostage in exchange for payment.
Continue reading “Carleton University computers infected with ransomware”

Carleton University computers infected with ransomware

  • According to a graduate student, the attackers have asked for 39 bitcoin to unlock all of Carleton’s infected computers.
  • “Our research is halted right now because all our computers are either shut down or infected,” the graduate student said.
  • Students have been warned to shut down their computers, and stay off the school’s wireless network.
  • A graduate student at the university emailed CBC to say the attackers have asked for payment in bitcoin, a digital currency that is difficult to trace.
  • Matthew Braga is the senior technology reporter for CBC News.

Students at Carleton University are being warned that some of its computers have been infected by ransomware — a type of computer virus that uses encryption to effectively hold files hostage in exchange for payment.
Continue reading “Carleton University computers infected with ransomware”

Carleton University computers infected with ransomware

  • According to a graduate student, the attackers have asked for 39 bitcoin to unlock all of Carleton’s infected computers.
  • “Our research is halted right now because all our computers are either shut down or infected,” the graduate student said.
  • A graduate student at the university emailed CBC to say the attackers have asked for payment in bitcoin, a digital currency that is difficult to trace.
  • 500 reading now Carleton University computers infected with ransomware
  • The school has warned students to ignore the messages and report them.

Students at Carleton University are being warned that some of its computers have been infected by ransomware — a type of computer virus that uses encryption to effectively hold files hostage in exchange for payment.
Continue reading “Carleton University computers infected with ransomware”

Carleton University computers infected with ransomware

  • According to a graduate student, the attackers have asked for 39 bitcoin to unlock all of Carleton’s infected computers.
  • “Our research is halted right now because all our computers are either shut down or infected,” the graduate student said.
  • Students have been warned to shut down their computers, and stay off the school’s wireless network.
  • A graduate student at the university emailed CBC to say the attackers have asked for payment in bitcoin, a digital currency that is difficult to trace.
  • Matthew Braga is the senior technology reporter for CBC News.

Students at Carleton University are being warned that some of its computers have been infected by ransomware — a type of computer virus that uses encryption to effectively hold files hostage in exchange for payment.
Continue reading “Carleton University computers infected with ransomware”