Crypto mining malware targets Monero !

‘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…

Illicit Purchases With Cryptocurrencies Will Come Back To Haunt You – Consider Yourself Warned!

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…

Scammers are Turning their Focus to Bitcoins and other Cryptocurrencies

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…

Massive malware attack, installs crypto-miner on Windows Systems

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…

The Grand Rig Heist: Icelandic Police Are Searching for Hundreds of Stolen Bitcoin Miners

Icelandic police are investigating what is termed as the biggest thefts ever reported in Iceland. Hundreds of cryptocurrency miners have been reported stolen, leading to a series of arrest in an ongoing Bitcoin Heist investigation. The thieving spree occurred on…

Law enforcement: Bitcoin Scam Artist Arrested in UAE after Conning Client $545K

Author – Sam Reads, UK A bitcoin Scam Artist in the United Arab Emirates was arrested after scamming a client $545,000; the stolen cash was recovered Digital currencies have created a new wave of crime that is spreading all over.…

Google DoubleClick targeted by Monero cryptocurrency miners

Trend Micro, a company that provides security software, hardware and services, recently reported Google’s popular DoubleClick has been targeted by cryptocurrency mining code used for mining Monero cryptocurrency. The attacks were noticed between January 18th and 24th, and the countries…

The Coincheck Exchange Hack: The press release Questions and Answers

Coincheck was hacked and the exchange appears to have lost over 58 billion yen ($532.60 million) worth of NEM coins. This raises questions about the security and regulations in place to protect the cryptocurrency exchanges. The exact value of the…

Youbit Exchange Files for Bankruptcy as North Korean Hackers Attack Again

For the second time this year, South Korean cryptocurrency exchange Youbit has come under attack by hackers. The exchange platform claims that the cyber-attack was made by North Korean hackers, announcing after the incident that it has filed for bankruptcy.…