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Global digital security firm Avast will be demonstrating the risks posed to smartphones and IoT devices by cryptojacking. The company has a stall at the RSA 2018 conference being held this week and will be performing live demonstrations mining Monero. Cryptomining Poses Risks to More Than Just Computer...
Monero has undergone a hard fork over the last few days in reaction to purpose-built mining units that developers say would undermine their decentralization. Reddit pundits back the move as the right play for privacy and overall health of the network. Monero Hard Fork was Move Against Mining...
Our altcoins technical analysis remains pretty much the same and with IOTA sliding, Monero found its way back to the top 10 spot. It definitely has to do with Lithium Luna network upgrade that makes it ASIC resistance which in turn fosters decentralization. Besides, streams of good news...
Security firm Trend Micro has discovered a new strain of Android malware, calling it “HiddenMiner” because of the advanced techniques it employs to protect itself from discovery and removal. Like most cryptocurrency-mining software, HiddenMiner uses a device’s computing power to mine Monero. But according to Trend Micro, because there is no...
The dark web has been pretty beneficial to different cryptocurrencies. It is how Bitcoin suddenly began gaining traction years ago. In the past twelve months, a few competing currencies have also begun gaining traction on the dark web. It seems this competition is heating up as we speak....
According to trading and technology firm Susquehanna Financial, Advanced Micro Devices (AMD) and competitor Nvidia will suffer this year as specialized cryptocurrency mining chips hit the market from Bitmain. Susquehanna’s Christopher Rolland, who recently returned from a tour of Asia talking with various individuals in the chip industry, is behind these...
Security researchers at Minerva Labs have uncovered a new strain of cryptocurrency mining malware, dubbed GhostMiner, which uses “fileless” malware delivery techniques to land on systems. What makes it particularly remarkable is that if other crypto-jacking malware is already in the system, it will fight to remove it so it...
A study found that cybercriminals launder $80-$200 billion a year and are moving away from Bitcoin as Monero offers greater anonymity. Cybercriminals Launder Up To $200 Billion Each Year, Says Report Virtualization technology-focused security firm security firm Bromium announced the findings of an independent study into the macroeconomics...
If it wasn’t bad enough with hackers and dodgy websites trying to hijack your computer hardware to mine some crypto coins, ISPs have been discovered doing it also. Governments, or agencies closely linked to them, have been caught commandeering local internet connections in order to inject mining malware....
Several things have come together in a perfect storm to create the most recent crypto-crime trend: the ability to surreptitiously install illicit Monero miners on unsuspecting computers around the world. Windows servers, laptops, Android devices, and IoT connected devices are all at risk. The worst part? Targets often are unaware that...
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