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Saturday, May 25, 2019

CoinBits Allows Users to Earn Passively By Converting, Saving Change in Bitcoin

Erik Finman, an early Bitcoin (BTC) adopter, has launched a crypto platform called CoinBits, which allows investors to passively invest in the flaghship cryptocurrency. According to TechCrunch, Finman’s new app, CoinBits, intends to democratize access to cryptocurrency by allowing people from all walks of life to make small investments through commonly-used investment and savings strategies. These reportedly include roundups on transactions...

Tuesday, May 21, 2019

Australian Civil Servant Faces 10 years for Mining Cryptocurrency on Government Computers

An Australian government employee is appearing in court today after using work equipment to mine cryptocurrency for his own gain. The Australian Federal Police (AFP) allege that the 33 year-old from Killara in New South Wales took advantage of his position as an IT contractor to modify government computer systems to mine cryptocurrency. The man’s illicit mining operation is said to have earned him more than AU$9,000 ($6,000), according...

NRG Buying Electricity and Natural Gas Retailer for $300M

Mauricio Gutierrez is president and CEO of NRG Energy Inc. Princeton-based NRG Energy has agreed to acquire Stream Energy's retail electricity and natural gas businesses for $300 million, it announced Monday. The all-cash transaction is designed to "strengthen NRG’s position as a growing, customer-driven energy company. It represents another step in perfecting our integrated business model,” NRG CEO Mauricio Gutierrez said in a statement....