Bitcoin Daily: Scrabble Adds ‘Bitcoin,' Experts Uncover 2.5M Crypto-Jacking Instances |
Scrabble has added the word bitcoin to the list of words that players can officially use in its popular board game CNBC reported That is Merriam-Webster included the cryptocurrency in its newest official dictionary for Scrabble According to its dictionary bitcoin is defined as a digital currency How many points can a player score by using the word in the game Nine points per the games rules Bitcoin is no stranger to the publisher however The word bitcoin made its debut in the regular unabridged Merriam-Webster dictionary about two years ago However CNBC noted that the Scrabble Dictionary is updated less frequently and the popular form of digital currency was not included in the previous edition released in 2014 Crypto mining company Bitmain has reportedly filed for a preliminary initial public offering IPO prospectus Business Insider reported Through that document the company claimed revenues of 28 billion in the first months of the year Last year the companys revenues were 25 billion for the entire year In terms of product categories 94 percent of the companys sales were generated by mining hardware products For the entire worldwide mining market though the company contended in its filing that it has a 745 percent share Beyond the hardware business Bitmain has 11 mining firms as well as the BTCcom and Antpool On another note a McAfee Labs report indicated there were 25 million new occurrences of crypto-jacking malware in the second quarter of the year The Next Web said That according to the outlet marks a spike of 86 percent in malware that mines digital currency The outlet also noted that most malware coming onto the scene comes from older crypto-jacking scripts In the report McAfee Labs noted Cybercriminals continue to follow the money Although this statement is familiar our latest Threats Report clearly shows the migration from certain older attacks to new threat vectors as they become more profitable bitcoin Bitmain Crypto Mining Crypto-Jacking cryptocurrency Dictionary digital currency ipo malware McAfee Labs Merriam-Webster News Scrabble Security stocks Whats Hot