Tag Archives: cryptocurrency

Ransomware Continues to Dominate Cyberattacks, Verizon Report Says

Ransomware continued to dominate cyberattacks in 2021 as attackers focused on making quick money by locking up data, rather than stealing it. Attacks involving ransomware, which involves malicious code scrambling the data on a victim’s computer, increased 13% for the year, equaling the rise of the previous five years combined, according to Verizon’s 2022 Data …

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GameStop Launching Digital Wallet for Cryptocurrencies, NFTs

GameStop is going all in on crypto. The video game retailer launched its own self-custodial ethereum digital wallet, it said Monday. The wallet will be accessible through a Google Chrome extension and can be used to buy and sell NFTs on GameStop’s upcoming NFT marketplace, which is expected to launch by the end of July.    NFTs, or nonfungible tokens, are …

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9 Great Reads From CNET This Week: Tech in Ukraine, Airline Design, ‘9 to 5’ and More

In a war zone, the highest priority for many people is finding safety and taking care of loved ones. For some, there’s also a need to communicate with the outside world. That’s been especially apparent in Ukraine since Russia invaded in late February. In Ukraine, smartphones and messaging apps have helped ordinary citizens share videos of their plight. Social media has …

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9 Great Reads From CNET This Week: iPhone SE, Magic Leap 2, Tech in Texas and More

Quick show of hands: Who wants to spend $1,000 or more on a new phone? Not everyone, that’s for sure. That’s where devices like the iPhone SE come in, and this week Apple introduced the newest SE, priced at $429. As part of our coverage of the “Peek Performance” Apple event, CNET’s Lisa Eadicicco stacks up the iPhone SE against …

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QR code scams are on the rise. Here’s how to avoid getting duped

You see QR codes just about everywhere these days. The square barcodes show up everywhere: real estate listings, TV ads and social media posts touting what look like great deals on must-have items. The pandemic fueled a surge in the use of QR codes. Seeking to cut down on possible transmission, restaurants replaced physical menus available to all customers with …

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Bitcoin price falls below $42,000 as Fed hints at interest hike

Bitcoin’s voyage to the moon has once again encountered turbulence. The cryptocurrency on Friday morning fell below $42,000 for the first time since late September. It has dropped over 12% in the past seven days, one of many cryptocurrencies to have tumbled in recent days. Ether, which held at around $4,000 for much of December, briefly dipped below $3,200 on …

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The Metaverse Isn’t What You Think It Is Because No One Knows What It Is

This story is part of The Year Ahead, CNET’s look at how the world will continue to evolve starting in 2022 and beyond. Anyone who tells you what the metaverse will be is either guessing or kidding themselves. “The topic lately fills me with frustration,” says CNET’s Scott Stein, our resident expert on virtual worlds. “It’s not just about VR …

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Don’t fall for these clever Black Friday scams this year

This story is part of Gift Guide, our year-round collection of the best gift ideas. The day after Thanksgiving is one of the biggest shopping days of the year, and despite a worldwide pandemic, shoppers spent a record $9 billion on Black Friday back in 2020, an increase of 21.6% over the previous year, according to Adobe Analytics. And with …

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Apple’s Tim Cook owns cryptocurrencies but won’t take them as payment for products yet

There’s a joke among tech reporters that Bitcoin and the cryptocurrency world have become so ubiquitous in the tech world that whenever there’s news on nearly any product, crypto is a part of it somehow.  The latest example came by way of Apple CEO Tim Cook, who said Tuesday he’s been interested in crypto for “a while.” Cook also said …

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Coinbase embraces NFTs with new peer

Coinbase, a popular platform for buying and selling cryptocurrency like Bitcoin, unveiled on Tuesday plans to launch Coinbase NFT, a new peer-to-peer marketplace for nonfungible tokens, or NFTs. You’ll be able to request early access and updates on the Coinbase website. “Today, we’re announcing Coinbase NFT, a peer-to-peer marketplace that will make minting, purchasing, showcasing, and discovering NFTs easier than ever,” …

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