digital currencies

An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, Thursday, Nov. 18, 2021.

‘It’s a casino operation’: As Turkish lira falls, some Turks turn to cryptocurrency

December 7, 2021Economics

Millions of people in Turkey are turning to risky cryptocurrency investments in the hopes of protecting their savings or bringing in a side income. But economist Steve Hanke calls it a “casino operation.” “They’re not really investments,” he said.

Bitcoins, represented here with with actual coins, are a type of digital currency that have spearhead a new nefarious activity known as "cryptojacking."

Hackers find the processing power they need for mining for cryptocurrencies through ‘cryptojacking’

February 22, 2018Technology