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Report: Fraudulent Monero Mining Generates $100K Per Month for Hackers
A German university released a cryptocurrency mining-centric report, Aug. 14, noting a rise in revenue generated by illegal mining software, despite the fall in “cryptojacking.” Coinhive Faces the Heat Again As reported by Digital Trends, RWTH University in Aachen, Germany, has presented a detailed account of the infamous, browser-based miner Coinhive being used to produce over $250,000 […] The post Report: Fraudulent Monero Mining Generates $100K Per Month for Hackers appeared first on CryptoSlate. дальше »
2018-8-17 12:00 | |
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Cryptocurrency Mining via Browser is Pulling Out more than $250K in Monthly Earnings
According to TheNextWeb, recent academic research has found out that the embedded CoinHive cryptocurrency web browser mining script is generating more than $250,000 in Monero (XMR) every month. What is more concerning is that the report points out that this amount is mainly going to a small group of ten individuals. дальше »
2018-8-16 18:00 | |
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SEC to Investigate Riot Blockchain’s Coinsquare Stake & Crypto Mining Accounting
SEC Expands Inquiry About Riot Blockchain According to Reports It looks like the investigations about Riot Blockchain, the biotech company turned into crypto miner, are continuing. The latest news comes from a 10-Q quarterly report filed by the U. дальше »
2018-8-16 00:15 | |
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Coinhive Mints Quarter Million Dollars in Monero a Month, Report Reveals
Тhe profitability of cryptocurrency mining is decreasing on the backdrop of this year’s persistently bearish markets but Coinhive seems to be doing pretty well. The browser-based miner has earned a quarter million dollars worth of monero in just one month, according to a new study conducted by German researchers. дальше »
2018-8-16 23:15 | |
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Vietnamese Government Bans Mining Hardware Imports
Following a high-level proposal in July to ban the importation of all cryptocurrency mining equipment into Vietnam, the Vietnamese Customs Department has announced a total ban on all mining rig imports, according to a local news outlet. дальше »
2018-8-16 21:58 | |
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Ecobank Cryptocurrency Report: African Regulators to Wait For Legal Regulations
With Sporadic Regulations and Mining Restrictions Globally, African Lawmakers Decide to “Wait And See” Before Jumping In The technology and potential profit to be made by the cryptocurrency industry is substantial, but the world has yet to come together to utilize it the most efficiently. дальше »
2018-8-12 02:40 | |
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CoinShares Bitcoin Mining Cost Report: Green Crypto Mining Will be Key For Future
How Green Cryptocurrency Mining Will be Key for the Industry? The cryptocurrency mining industry had an incredible year in 2017 and the very beginning of 2018. But the situation changed in March this year. дальше »
2018-8-11 19:50 | |
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Zurich Bank Maerki Baumann Opens Accounts to Cryptocurrency Assets
Swiss bank Maerki Baumann has become the latest bank in Switzerland to adopt cryptocurrency assets, according to a report published on International Investment on August 6, 2018. Cautious towards Cryptocurrency Based out of Zurich, the bank will currently only accept crypto assets obtained in the form of payments for banking services provided or via mining. дальше »
2018-8-9 22:00 | |
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Investors Petition for the Extradition of Sky Mining CEO Accused of Crypto Mining Scam
Nearly a thousand people have signed a petition for the extradition of Leh Minh Tam, the CEO of Sky Mining, a cryptocurrency mining firm based in Ho Chi Minh City. The signatories are calling for Tam’s deportation from the United States following allegations that he fled after defrauding investors of $36 million. дальше »
2018-8-5 17:00 | |
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Bitmain Made $1B in Q1 Profit, Valued at $14B
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. дальше »
2018-8-2 01:00 | |
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Washington Utility No Longer Yielding Crypto Mining Applications
A customer-owned utility company has received some attention in the crypto community for its acceptance of applications for mining and blockchain operations. However, a news report by the Seattle Times indicated that the utilities company will no longer be accepting applications. дальше »
2018-7-31 20:41 | |
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Bitmein IPO ‘very soon’ mining giant netts $ 1.1 billion profit Q1 2018
Bitcoin mining giant Bitmain is purportedly planning to go public on a $ 14 billion valuation. The company reportedly brought in $ 1.1 billion in net profit in the first quarter of 2018, looking at end-of-year target ranging between $ 2 and $ 3 billion. $ 14 Billion IPO According to an unconfirmed report published дальше »
2018-7-31 18:31 | |
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Bitmain IPO ‘Very Soon’ as Mining Giant Nets $1.1 Billion Profit in Q1 2018
Bitcoin mining giant Bitmain is purportedly planning to go public on a $14 billion valuation. The company reportedly brought in $1. 1 billion in net profit in the first quarter of 2018, looking at end-of-year target ranging between $2 and $3 billion. дальше »
2018-7-31 15:00 | |
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July 2018 Volume Rankings Report: BTC Extends Dominance
During July, the majority of leading cryptocurrency markets have produced stagnant or declining volume month-over-month. BTC, USDT, and DASH were the sole top ten markets able to buck the trend, with BTC’s trade volume notably increasing by 4. дальше »
2018-7-31 20:40 | |
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Mining Takes A Turd For The Worse, You Can Now Mine Crypto With Your Poop
We know it’s early on a Monday morning, so toilet humour may be a little unsettling but either way, news is news and even if its about poop, if its relevant, we’re going to report on it. Before we begin, let me introduce you to Anaerobic Digestion. дальше »
2018-7-30 12:30 | |
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Advanced Micro Devices (AMD) Reports Lower GPU Crypto Mining Sales In Q2
Advanced Micro Devices (AMD) published its quarterly earnings report this Wednesday reporting that sales of graphics cards (GPUs) to cryptocurrency miners fell during the second quarter. AMD has reported second-quarter earnings of $116 million, or $0. дальше »
2018-7-27 19:17 | |
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Monero Mining Strikes Again: Drupal Systems at Risk
On July 23, 2018, cybersecurity website Security Intelligence reported that several companies and software users remain susceptible to the infamous “Drupalgeddon virus,” despite Drupal Security Labs releasing a software patch in March 2018 to fight the vulnerability. дальше »
2018-7-25 06:00 | |
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China To Say Goodbye To ‘Illegal’ Bitcoin Miners by September
An autonomous region in China is set to hunt and close down all “illegal” mining operations before the end of August according to a report by a local news source. A senior official from Xinjiang’s Economic and Information Commission (EIC) confirmed that the agency has issued a notice to local utility companies in Xinjiang Uyghur […] The post China To Say Goodbye To ‘Illegal’ Bitcoin Miners by September appeared first on ZyCrypto. дальше »
2018-7-24 07:37 | |
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Cryptojacking Becomes Less Popular Due to Falling Cryptocurrency Prices, Report Claims
Cryptocurrency malware is a thriving business among online criminals. Hundreds of threats still exist, and this trend will not be slowing down anytime soon. Even so, it seems the era of cryptocurrency mining malware is nearing an end, primarily due to low cryptocurrency prices. дальше »
2018-7-21 22:00 | |
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Amidst Bear Market, Crypto Miners Repurpose Mining Equipment
A growing number of cryptocurrency miners are finding other ways to put their equipment to use as depressed digital asset prices make it increasingly difficult to stay afloat in the market. This is the theme of a special report in the Los Angeles Times July 17, 2018, which outlines amongst other things, how a surplus in computing power is making crypto. дальше »
2018-7-20 13:00 | |
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Bitcoin [BTC] mining firms join the “Unicorn” list released by Hurun Research Institute
On 18th July, Hurun Research Institute released a Q2 report of the Hurun Greater China Unicorn Index. Unicorn Index is valued at $500 million or more and it measures the share price performance of U. дальше »
2018-7-20 08:27 | |
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Zcash Cryptocurrency Mining Is Four Times More Profitable Than Bitcoin
A new report by Anything Crypto reveals that mining Zcash is currently four times as profitable as mining Bitcoin. Learn more about the report here. The post Zcash Cryptocurrency Mining Is Four Times More Profitable Than Bitcoin appeared first on CoinCentral. дальше »
2018-7-19 20:54 | |
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Malware Mining Now More Dangerous than Ransomware, according to Report
Illicit cryptocurrency mining, or “cryptojacking,” has become more popular among cybercriminals than ransomware, according to a report by Skybox Security. In its mid-year update, the firm said that crypto miners now account for 32 percent of all cyberattacks, while ransomware only makes up 8 percent. дальше »
2018-7-19 23:11 | |
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Mining Malware Now a Bigger Threat than Ransomware, Says Report
Illicit crypto-miners and ransomware have swapped places in popularity among cybercriminals, says a security firm. дальше »
2018-7-18 19:15 | |
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Mining Malware Now a Bigger Threat Than Ransomware, Says Report
Illicit crypto-miners and ransomware have swapped places in popularity among cybercriminals, says a security firm. дальше »
2018-7-19 19:15 | |
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“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert
When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong. дальше »
2018-7-14 19:30 | |
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Mainstream Media Claims Bitcoin Burns More Energy Than Ireland – Does It?
A mainstream media assertion made recently implies that cryptocurrency is quite costly in terms of energy consumption. “Bitcoin has been alarming people for years,” the report notes, pointing to the amount of electricity used for its mining – almost as much as a small nation needs. дальше »
2018-7-13 02:05 | |
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China Crypto Mining Malware Siphons $2 Million Worth, Over 1 Million Computers Infected
Malware attacks are one of the easiest ways for hackers to steal money from unsuspecting consumers, especially those that invest in the crypto world. In a report on July 9th, hackers used exactly this method to steal a total of $2 million from over 1 million computers. The hacking took place primarily in China, though […] дальше »
2018-7-10 10:13 | |
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Love is like a garden! Neglected and rotten growth creeps, well-developed and flourishes in abundance. Do not always get love. Love must work together daily!
Cryptocurrency mining malware that infected over a million computers in China reportedly earned its creators more than $2 million over two years. According to a local news report on Monday, police in China’s Da Lian city have arrested 20 suspects from a computer technology firm who allegedly gained control of the large number of computers дальше »
2018-7-9 14:46 | |
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Hackers Bagged $2million Worth of Cryptos from 1 Million Infected Computers
A group of crypto mining malware creators has acquired illegal crypto wealth worth $2 million over the last two years according to Chinese news report. The alleged suspects for the cybercrime include 20 men who were arrested on Monday by Da Lian city Policemen. дальше »
2018-7-9 14:43 | |
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Mining Giant Bitmain Receives Nearly $400 Million Investment, Considers IPO
Bitcoin mining giant Bitmain has just completed a round of funding which takes its value to a reported $12 billion dollars USD. The ASIC chip developer and mining pool operator was founded in 2013. дальше »
2018-7-8 19:21 | |
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Heavy Rainfall in China, Thousands of Miners Reportedly Damaged
According to a Chinese language Economic Daily News report, graphics cards and ASIC mining systems are expected to see a short-term surge in orders from the crypto mining sector in Sichuan province, where reportedly over seventy percent of the mining systems are located in China. дальше »
2018-7-6 18:50 | |
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Report: Mining Giant Bitmain Valued at $12 Billion in New Funding Round
Chinese bitcoin mining giant Bitmain has reportedly closed a Series B round funding, which values the firm at approximately $12 billion. дальше »
2018-7-6 09:26 | |
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NVIDIA Graphics Card Units Producer to Reveal New GPU For Crypto Mining Next Month
NVIDIA Set to Reveal Its Next-Gen GPU in August According to a report from Wccftech, NVIDIA is likely to launch it much-awaited next-gen graphics sometime in August. The company plans to ship the card to its associates, a process which could begin in August this year. дальше »
2018-7-5 22:23 | |
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Report Finds That URL Shorteners May Be Enabling Crypto Jacking
A new report has found that URL shorteners could be being used to enable malicious cryptocurrency mining. If you don’t know what a URL shortener is, then you’re probably not at risk of this, however just for clarity; a URL shortener is a website that allows you to shorten a URL, this is useful for social media and emails for example. дальше »
2018-7-4 15:30 | |
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New Cybersecurity Report Notes Rising Cases of Cryptojacking Attacks on Linux Devices
A recent internet security report from an independent cybersecurity firm has highlighted the growing threat of crypto-mining malware. Its findings highlight that in the first quarter of 2018 almost all common Linux downloader malware variants recorded were designed to deliver a cryptocurrency miner on Linux devices. дальше »
2018-7-4 00:00 | |
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Dodgy Crypto Miners Target Linux Systems, a New Report Reveals
WatchGuard released its latest internet threat report for Q1 2018, which suggested that cryptocurrency mining threats are on the rise. About 98. 8% of common Linux/Downloader malware variants found in the first quarter were to target Linux-based computers with crypto miners. дальше »
2018-7-3 18:39 | |
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Flood in China affects Bitcoin Hashrate
The recent drop in Bitcoin hashrate has been attributed to a flood that occurred in a part of China where 70 percent of Bitcoin mining occurs. According to a report, China has been a strong contributor to Bitcoin mining with many mining activities operated despite the strict warnings and regulations imposed by the government. дальше »
2018-7-2 02:04 | |
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Kaspersky Lab Releases Malicious Crypto Mining “CryptoJacking” Report
Kaspersky Lab, one of the leading cyber security companies in the world has warned of malevolent personalities who have shifted from ransomware to crypto-jacking. The company, which is based in Russia, indicated that ransomware attacks were fast spreading in which a malevolent folder deadbolts a computer until ransom is paid. The company could not however […] дальше »
2018-6-30 19:43 | |
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