Crypto currency and Blockchain News
A November 19 post by cybersecurity firm Trustwave has indicated that hackers had infected global non-profit organization, make-a-wish foundation’s network, with dangerous malware. Trustwaves’s researchers have revealed that the crypto-jackers managed to virtually lodge a JavaScript (js) miner CoinImp, into the organization’s domain for the purposes of illegally mining Monero (XMR). Not only did the […]
The year of the crypto boom 2017, also signified a big year for crypto heists since cases of crypto-jacking increased by 8,500 percent. 2018 has also come out as a big year for crypto mining malware according to a report by the cyber threat alliance in a report released last month. The report further revealed […]
Hackers were at it again, this time making away with 59 million dollars’ worth of cryptocurrencies from cryptocurrency exchange, Zaif, which is based in Japan. A local report indicated that the heist was enabled by a security breach that occurred in the 14th of this month where hackers were able to make away with 4.5 […]
There was a private disclosure of the vulnerability of Bitcoin cash, one of the key cryptocurrencies right at the moment, on April 25th, 2018. A successful capitalization on this vulnerability would have had serious ramifications since there would have been a huge disruption in the transacting of Bitcoin cash. Transacting in such risky circumstances would […]
California authorities have reportedly arrested a student who is suspected of stealing 5 million dollars’ worth of Bitcoin and also a few Altcoins through a scam technique known as “Sim jacking”. Tech news site Motherboard which reported the incident also claims to have obtained that 20-year-old university student, Joel Ortiz, had been accused of jacking […]
Cryptojacking, i.e. hijacking unsuspecting users computers for surreptitious cryptocurrency mining, has become a persistent issue. In the latest such incident, nearly 400 websites were infected with a Coinhive crypto mining code. Cryptocurrency mining is a complex, resource-intensive, and competitive process. A combination of specially designed hardware, special-purpose software, and their users is called “Miner”. A […]
‘Cryptojacking’, i.e. using unsuspecting users computing resources to mine cryptocurrencies surreptitiously, is becoming increasingly common. In the latest such incident, crypto mining malware designed to mine Monero (XMR) cryptocurrency was used to infect Linux server, taking advantage of five-year-old security vulnerability. Cryptocurrency mining is a complex, resource-intensive, and competitive process. A combination of specially designed […]
Brisbane Woman Charged With Drug Purchases From The UK Using Bitcoin It would be extremely unwise to think that one can entirely evade authorities by shopping on the dark web using cryptocurrencies, in this case, bitcoin. This is exactly what a 32-year-old woman from Brisbane found out when the Australian Border Force (ABF) and the […]
Author : Kate Yong There is an indisputable growth in the popularity of Bitcoin especially with its rapidly rising price within the year of 2017 from US$1083.24 in February to US$19,343.04 by December. This rise is alongside many other cryptocurrencies such as Ethereum, Litecoin, Dash, Monero, Zcash, and many more with Bitcoin leading the pack. […]
The trend of hijacking unsuspecting users computer to mine cryptocurrency continues, and the attacks take different forms. On March 6th, Windows Defender Anti-Virus (AV) detected and largely blocked a malware that infected nearly 500,000 computers and installed cryptocurrency miner code without the knowledge of users. Cryptocurrency mining is a complex, resource-intensive, and competitive process. A […]