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Blockchain Brunch Hamptons White Party • August 21, 2018

 With the SEC decision on the third Bitcoin ETF likely just four weeks away. Right now, there is no better…

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Tag: coinhive

Cryptocurrency Mining via Browser is Pulling Out more than $250K in Monthly Earnings

Category: Altcoins, Blockchain, Mining, News

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. Researching Browser-Based Mining The research was commissioned by RWTH…

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Cryptocurrency Mining Malware Affects League of Legend Gamers in the Philippines

Category: Altcoins, Bitcoin, Ethereum, Mining, News

Cryptocurrency Mining Malware Affects League of Legend Gamers in the Philippines

Players of the widely popular game League of Legends (LoL) in the Philippines faced a predicament after a significant cryptocurrency mining malware came to light on July 11, 2018. Garena+ Client Causes Havoc Daily eSports detailed the latest instance of the widespread mining attack, a first-of-its-kind. LoL players in the Philippines discovered a particular Garena client containing a malicious cryptocurrency…

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Japanese Man Confined Behind Bars for Illegal Mining of Cryptocurrency

Category: Crime, News

Japanese Man Confined Behind Bars for Illegal Mining of Cryptocurrency

A 24-year-old man in Japan has been put behind bars for using unlawful means to mine cryptocurrencies. The delinquent had been sending malware to his targets to gain access to victims’ computer processing power. His conviction indicates that Japan is taking such crimes seriously, a trend that other countries are likely to follow. Wrongdoer Targeted Gamers The young man, whose…

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The Pirate Bay Relaunches Cryptocurrency Mining on its Website to Earn Revenue

Category: Altcoins, Business, Mining, News, Tech

The Pirate Bay Relaunches Cryptocurrency Mining on its Website to Earn Revenue

The rise of cryptojacking is well documented as a rising threat. However, for some websites, the activity equates to revenue generation in the absence of traditional forms of making profits, such as advertising. Torrent-focused news outlet TorrentFreak reported on July 2, 2018, the world’s largest torrent client, The Pirate Bay (TPB), has restarted its cryptocurrency mining activities by embedding 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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UK Government Websites Hit by Monero Mining Malware Could Have Been Much Worse

Category: Altcoins, Mining, News, Tech

UK Government Websites Hit by Monero Mining Malware Could Have Been Much Worse

In 2018, Hackers are designing malware not just to steal your personal information on your computer, but also to take over its processing power to mine cryptocurrencies. From this, we can glean that the value of cryptocurrencies and their importance is rising while governments and security companies need to focus exponentially more on these types of malware attacks. Government Websites…

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Cryptojacking: Hackers Now Attach Cryptocurrency Mining Scripts to YouTube Ads

Category: Altcoins, Commentary, Mining, News

Cryptojacking: Hackers Now Attach Cryptocurrency Mining Scripts to YouTube Ads

It has been recently identified that crypto jackers are now leveraging YouTube advertisements to mine digital currency at the expense of viewers. Cryptocurrency mining can be a highly profitable venture these days, and some hackers are now cutting corners to maximize profits to the detriment of other internet users. Hidden Scripts as Alternative to Online Ads According to Ars Technica…

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