Search results for cryptojacking

Cryptocurrency has been attracting illegal dealers since its very inception. Due to its anonymity and security, Bitcoin was widely used as a payment method on the darknet shadow markets. However, lately criminals started paying more attention to Monero as this cryptocurrency allows for an enhanced secrecy and disguise.

Japan is suspicious about cryptocurrency-based exchange-traded funds (ETFs) due to price volatility. According to the remarks from the upper house of the National Diet that happened recently, the country’s monetary watchdog Japanese Financial Service Agency (FSA) expressed a watchful stance towards ETFs.

The number of fake cryptocurrency and blockchain tech apps in the Google Play Store increases along with the Bitcoin (BTC/USD) price. The cyber-criminals tend to up their dirty games when the cryptocurrency prices rise by creating different scams and malevolent crypto-related apps.

After the recent shutdown of Coinhive, many people have reported that there has been a drop in the number of cryptojacking incidents. With that in mind, we’ll now take a look into whether cryptojacking is a thing of the past, or if it still continues to be a problem for users of cryptocurrency.

XMR developers, and the whole team at large, are ready and in high gear to fork their network on Saturday, March 9th 2019 in order to lower the effectiveness of ASICs (application-specific integrated circuits). The hard fork might cause a change to the Monero proof-of-work (PoW) algorithm and also lower the hash rate competences of ASIC miners by a significant factor of over 2.5.

Monero (XMR), the 14th largest Crypto by market cap, has confirmed its position as the most famous token with cryptojackers, even surpassing Bitcoin (BTC) – the world’s leading cryptocurrency. Monero is currently trading at $45.65 USD (-14.16%) and its market cap is $762.3 USD million.

Ransomware has always been the main means of getting access to easy money for cybercriminals. However, the tendency shifted since new powerful financial technology began to evolve. Cryptocurrency mining platforms, especially those focused on Bitcoin and Monero, have become the favourite victims of malware programs.

As revealed in a report from SophosLab's Pankaj Kohli, Google Play is spreading malevolent applications posing as games, educational instruments or system utilities but which actually use your Android gadget to mine digital currency.

Mozilla Firefox users are more likely to observe cryptocurrency mining malware scripts blocked by default in upcoming releases of the improved web browser. Firefox is a free and open-source web browser developed by Mozilla Foundation and its subsidiary, Mozilla Corporation.