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

Economics

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’

Technology