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Search Results for: monero

Study Finds 4 Percent of Monero Mined with Malware over the Last 12 Years

Category: Altcoins, Mining, News, Tech

Study Finds 4 Percent of Monero Mined with Malware over the Last 12 Years

Researchers at Universidad Carlos III de Madrid and King’s College London have found that from 2007 to 2018, around $57 Million of Monero was mined via. Malware, January 3, 2019. Background of the Study The joint study co-authored and compiled by two researchers was published January 3, 2019, and it states that four percent of the Monero mined over the…

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Rocke Group’s Monero Mining Malware now More Powerful than Cloud Security Software

Category: Altcoins, Blockchain, Crime, Development, News

Rocke Group’s Monero Mining Malware now More Powerful than Cloud Security Software

According to a January 17, 2019, press release from Palo Alto Networks’ Unit 42, a threat intelligence team, a Linux mining malware developed by Rocke group has advanced to uninstall cloud security products from Alibaba Cloud and Tencent Cloud to illegally mine Monero (XMR) on compromised machines. Monero (XMR) Mining Malware Gets More Powerful Per the report, Rocke group, the…

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Gate.Io Launches Monero (XMR) and Stellar Lumens (XLM) Perpetual Contracts

Category: Altcoins, Business, Development, Exchange, Finance, News

Gate.Io Launches Monero (XMR) and Stellar Lumens (XLM) Perpetual Contracts

Many believe that institutional money will not flow into cryptocurrency markets until there are more adaptability and flexibility with the markets with regards to investment products such as futures contracts. Gate.io has recently added two new assets to its “perpetual contract trading,” Monero (XMR) and Stellar Lumens (XLM), on January 18, 2019. The Financialization of Crypto One of the reasons…

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Kidnappers Demand $9 Million in Monero (XMR) from Norwegian Billionaire

Category: Altcoins, Crime, News

Kidnappers Demand $9 Million in Monero (XMR) from Norwegian Billionaire

On January 9, 2019, the alleged kidnappers of Anne-Elisabeth Falkevik Hagen, the wife of Norwegian billionaire Tom Hagen, demanded over $9 million in form of Monero (XMR) for her return. Hagen has been missing since October 2018 and the Norwegian police have categorized the disappearance as a kidnapping following the ransom demand. Untraceable Internet Money: The Internet’s Cash Norwegian media Outlet…

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Monero (XMR) “Accidentally” Accepted at Fortnite Merch Store, CEO Says

Category: Adoption, Altcoins, Business, Commentary, Entertainment, News

Monero (XMR) “Accidentally” Accepted at Fortnite Merch Store, CEO Says

The highly-publicized acceptance of Monero at the official merch store of Fortnite, the world’s most popular game, was an “accident,” the founder of Epic Games, Fortnite’s parent company, revealed on Twitter on January 6, 2019. Accepting Monero Was a Mistake Around New Year’s Day, rumors began to circulate that Retail Row, the supporting retail store for Fortnite, the most popular…

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Monero Becomes Exclusive Cryptocurrency at Fortnite’s Merch Store

Category: Adoption, Altcoins, Business, Entertainment, News

Monero Becomes Exclusive Cryptocurrency at Fortnite’s Merch Store

The official merchandise store for Fortnite, a popular video game, has started accepting Monero (XMR) as its exclusive cryptocurrency, the company announced in a tweet on January 1, 2019. Fortnite’s Merch Store Exclusively Accepts Monero Retail Row, the supporting retail store for Fortnite, the most popular video game in the world, has started accepting cryptocurrency payments in the privacy-centric Monero…

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Bail Bloc Is Mining Monero (XMR) to Help Bail out ICE Detainees

Category: Altcoins, Blockchain, Business, Crime, News, Platform, Tech

Bail Bloc Is Mining Monero (XMR) to Help Bail out ICE Detainees

The news outlet Observer reported on December 12, 2018, that Bail Bloc would be directing their Monero mining contributions to bail migrants out in ICE detention facilities. The “cryptocurrency scheme against bail” is partnering with the Immigrant Bail Fund to help the roughly 44,000 detainees finance their indemnity. ICE and the Ethics of Bail Following the massive influx of economic…

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Swiss Residents Can Now Buy Monero (XMR) at Bity-Operated Crypto ATMs

Category: Adoption, Altcoins, Business, Finance, News, Regulation

Swiss Residents Can Now Buy Monero (XMR) at Bity-Operated Crypto ATMs

Blockchain startup Bity has announced that its cryptocurrency ATMs deployed across Switzerland will now support the purchase of Monero (XMR) tokens. The company has listed the addresses and operating hours of its machines in a post published December 4, 2018. The Gold Standard of Privacy Coins Denominations of the privacy coin can be purchased effective immediately in exchange for Swiss…

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Private No More: U.S. Authorities Developing Techniques to Track Cryptocurrencies Like Monero and Zcash

Category: Altcoins, Crime, Finance, News, Regulation

Private No More: U.S. Authorities Developing Techniques to Track Cryptocurrencies Like Monero and Zcash

A pre-solicitation document published by the Department of Homeland Security’s Small Business Innovation Research Program (SBIR), on November 30, 2018, hints that the U.S. authorities might be on their way to deanonymize private cryptocurrency transactions. This development might have a tremendous impact on privacy-centric digital currencies like Zcash (ZEC), and Monero (XMR). ZCash, Monero under the Radar Perhaps it’s time…

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Cybercriminals Attack Make-a-Wish Website to Mine Monero

Category: Altcoins, Blockchain, Crime, Finance, Mining, News, Platform, Tech

Cybercriminals Attack Make-a-Wish Website to Mine Monero

The recent victim to a cryptojacking attack is U.S.-based non-profit organization Make-A-Wish Foundation’s website. Since March 2018, the hacker has been taking advantage of the Drupal vulnerability to mine Monero cryptocurrency, as per research findings from an independent research lab.  Exploiting Drupal Vulnerability On November 19, A crypto research firm Trustwave SpiderLabs findings suggest that cybercriminals infused a crypto mining…

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