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Search Results for: monero

Hackers Earned Over $96 Million by Fraudulently Mining Monero, Finds Research

Category: News

Hackers Earned Over $96 Million by Fraudulently Mining Monero, Finds Research

A significant malware trend in 2018 is the relatively new “crypto-jacking,” involving hacker groups infiltrating victim computers to mine cryptocurrencies. The most affected of the lot is privacy-protocol Monero, as research found out. Monero – The Hacker’s Favourite Coin According to a Security Boulevard report on June 13, 2018, over 5 percent of all Monero (XMR) has been mined using…

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Monero Releases “Lithium Luna” Wallet; Huobi Lists Privacy-Centric Cryptocurrency

Category: Altcoins, News

Monero Releases “Lithium Luna” Wallet; Huobi Lists Privacy-Centric Cryptocurrency

It is an eventful month for the Monero community. On June 4, 2018, the privacy-centric coin updated the underlying code of its official wallet and introduced a slew of features – including Ledger wallet support. Additionally, cryptocurrency exchange Huobi announced the listing of Monero on June 7. Much Requested Feature Released on GitHub, v0.12.2.0 wallet launched to the enthusiasm of…

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The Long and Winding Road: AEON Follows Monero’s Lead to Nullify ASICs

Category: Altcoins, Commentary, Mining, News

The Long and Winding Road: AEON Follows Monero’s Lead to Nullify ASICs

After an extended period of uncertainty, AEON has forked following the lead of Monero to nullify ASIC miners from the network on June 3. A Long Road The smaller, and more agile, project, however, did face some nerve-wracking moments, with some miners expressing concern about the profitability. AEON aims to be a lighter version of Monero and implement mining on…

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Upcoming Sidechain Project Tari to Build a Decentralized Assets Protocol on Monero

Category: Altcoins, Blockchain, News, Tech

Upcoming Sidechain Project Tari to Build a Decentralized Assets Protocol on Monero

Building on the work he’s done with Monero (XMR) in the past, core team developer Riccardo “Fluffy Pony” Spagni is primed to launch a decentralized assets framework on the privacy-centric protocol, along with Naveen Jain and Dan Teree. The move is compared to Bitcoin’s colored coins project of 2012, and in more recent times, the Ethereum protocol.   Platform to…

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Monero’s Hardware Wallet Project Moves into the Next Phase

Category: Altcoins, News, Tech

Monero’s Hardware Wallet Project Moves into the Next Phase

The Monero hardware project completed the first stage at the end of April, developing the internals and boards. The next stage is to develop a proper enclosure, perform injection molding and other finishing touches; the project’s funding goal is already approximately 25 percent complete. BTCManager spoke to Michael Schloh von Bennewitz, Monero’s hardware team lead, to find out more. BTCManager…

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Largest India Conglomerate Victim of Monero Cryptojacking

Category: Altcoins, Bitcoin, Business, Crime, Mining, News

Largest India Conglomerate Victim of Monero Cryptojacking

Aditya Birla Group, one of India’s top business conglomerates is the first victim of a “cryptojacking” attack that occurred In April 2018. The attack was first detected in some of the conglomerates overseas subsidiary’s, but it quickly spread to manufacturing and other companies closer to home within days. First in India, but Illicit Mining Is a Long-Standing Problem Over 2,000…

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Circle Invest Cryptocurrency App Adds Support for Monero

Category: Altcoins, Business, Finance, News

Circle Invest Cryptocurrency App Adds Support for Monero

Circle Invest, the cryptocurrency investment app from Circle – a firm that has been around since 2013 – announced support for the fungible altcoin, monero (XMR) on May 7. Widening the Circle Since Circle Invest joined the crypto bandwagon back in 2013, the firm has not stopped making it easy for its customers to invest in digital currencies. In a…

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Cryptojacking Strikes Again! Hackers Target Government Websites to Mine Monero

Category: Altcoins, Commentary, News, Tech

Cryptojacking Strikes Again! Hackers Target Government Websites to Mine Monero

Cryptojacking, the novel hacking process which inflicts a victim’s computer with code to mine cryptocurrency, is evidently on the rise as hackers have targeted hundreds of popular websites with fraudulent software to mine the fungible digital coin monero (XMR). “Cryptojacking” A Sophisticated Crime In 2018 alone, thousands of users have fallen victim to malicious cryptojacking code. Surprisingly, it is not…

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Japan Pressures Cryptocurrency Exchanges To Drop Monero, Dash, Other Altcoins

Category: Altcoins, Business, Finance, News, Regulation

Japan Pressures Cryptocurrency Exchanges To Drop Monero, Dash, Other Altcoins

Japan’s Financial Services Agency (FSA) is reportedly pressuring cryptocurrency exchanges to drop Dash (DASH), Monero (XMR), Zcash (ZEC), and other privacy-centric altcoins in a bid to cut down on money-laundering and cyberhacking. Sources told Forbes that altcoins such dash, monero, and zcash have become increasingly popular among criminals, kidnappers, and hackers because they’re virtually untraceable. The FSA is particularly leery of…

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UNICEF Australia’s Website Uses Your Browser to Mine Monero and Aid Rohingya Refugees

Category: Altcoins, Finance, Mining, News

UNICEF Australia’s Website Uses Your Browser to Mine Monero and Aid Rohingya Refugees

UNICEF, a humanitarian and development agency that aims to protect the safety and inclusion of all disadvantaged children globally through voluntary donations, is catching onto the benefits of cryptocurrency. The organization is making use of monero mining to fulfill their mission; “All children have a right to survive, thrive and fulfill their potential – to the benefit of a better…

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