Circle CEO: Nobody Will Be Using Bitcoin in 5 to 10 Years

Circle CEO Jeremy Allaire seems to think bitcoin will run its course in five to ten years. Bitcoin is arguably the highest-performing cryptocurrency in today’s market. First released in 2008, the notion behind bitcoin was to bring financial independence to third world countries that were experiencing monetary instability or government suppression. Since then, bitcoin has […]

BItcoin Difficulty Level Increases by Over 10 Percent

The Bitcoin network’s mining difficulty level has increased by over 10%. The change happened on November 18, 2016, as a part of the digital currency network’s inbuilt regulation mechanism. The Bitcoin difficulty level ensures constant block generation times irrespective of the total hashing power. The increase in difficulty levels from the previous 254,620,187,304 to the […]

PoisonTap, a $5 Hacking Device That Can Prove to Be Costly

Technology can be used for both good and bad. As cyber researchers and developers continue to develop state of the art security features, the same set of skills can be used to circumvent them as well. Samy Kamkar, a hardware hacker has proven it with his PoisonTap device. The PoisonTap, comprising of a Raspberry Pi […]