Egypt news-Page 2
Report: Stealth Crypto Mining Much More Prevalent In Higher Ed Than Other Industries
Both intentional cryptocurrency mining and cryptojacking is becoming more prevalent on college campuses than in any other industry, according to a blog post published March 29 by cyber attack monitoring firm Vectra. Vectra analyzed five industries where crypto mining – which the blog post defines as “an opportunistic attack behavior that uses botnets to create a large pool of computing power”, incorrectly combining crypto mining and cryptojacking into one use case – has occurred from August 2017 to January 2018, finding that “higher education” sees more mining than the other four industries combined. Universities are not able to monitor their …
Bitcoin / April 1, 2018
Yellow Launches Bitcoin Voucher Service in Egypt despite Country’s ‘Tough Market’
Bitcoin payments startup Yellow has launched a bitcoin voucher service in Egypt, as an alternative solution for “costly and inconvenient” payment platforms in the Middle East. Bitcoin voucher service Yellow’s voucher service allows its customers to purchase vouchers as “tickets” on eventtus.com with credit cards (Visa, MasterCard), PayFort (an online payment gateway in the Middle East) and Vodafone point-of-sale machines. As the Egypt’s credit card penetration rate is below 2% and only 10% of the country’s population holds bank accounts, bitcoin vouchers may not be enough to increase the liquidity of bitcoin in the nation. However, it is the first …
Payments / May 18, 2015