The Bitcoin Lifestyle

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The Bitcoin Lifestyle — Infographic

August 3, 2017 11:15 am Published by
Secret Mining Society – are your devices being cryptojacked?

Cybercrime takes a near-infinite number of forms. As technology advances, criminals develop novel and ingenious ways to exploit vulnerabilities. Wirex Staff Writer Gemma Doswell takes a closer look at the insidious art of ‘Cryptojacking’. A brief history of hacking Hacking first emerged as a malicious term in the 1970s, when early hackers (known as ‘phreakers’,… View Article

9 industries that use blockchain

Blockchain technology is starting to gain traction in the mainstream. Its efficiency, transparency and versatility appeal to consumers and businesses alike, making wide-scale adoption likely in the coming decades. Recognising blockchain’s potential to disrupt traditional infrastructure, many industries have started integrating the technology into their business processes. Financial services companies are amongst the early adopters… View Article

Confessions of a Litecoin enthusiast

Finally… as of this week… Litecoin is live on Wirex! It’s absolutely one of my favourite, favourite, favourite cryptocurrencies. Personal friends know I own Litecoin — and I think it has a good chance to become a ‘household name’ by 2019. It’s faster than Bitcoin, cheaper than Bitcoin, ‘lighter’ than Bitcoin. Litecoin also went up… View Article

Bitcoin mining – a waste of energy?

Bitcoin mining uses energy – a lot of it. So much so, that in 2017, Newsweek declared mining for the cryptocurrency will ‘consume all of the world’s energy by 2020’. It’s a fanciful headline but the fact that Bitcoin mining uses more energy than some entire countries in a single year, does make it hard… View Article