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ChainPoint’18 International Blockchain Conference • November 14-15, 2018

ChainPoint’18 will take place on November 14-15, 2018 in Yerevan, Armenia. The organizer –“Nooor” Armenian Blockchain Association. ChainPoint’18 will be the largest…

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Tag: Cryptojacking

FSIN’s Internal Systems Hacked, Pays $20,000 in Bitcoin as Ransom to Cybercriminals

Category: Business, Crime, Finance, News

FSIN’s Internal Systems Hacked, Pays $20,000 in Bitcoin as Ransom to Cybercriminals

Database management and insecurity have continued to pose a threat to financial institutions and the cryptospace at large. The Federation of Sovereign Indigenous Nations (FSIN), a body committed to the promotion, protection, and implementation of the treaty promises, recently fell victim to hackers and paid $20,000 in bitcoin as ransom, reported  CBC news on October 24, 2018. FSIN Tackles Cyber…

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Monero Mikrotik Madness: Carrier-Grade Cryptojacking Scheme

Category: Altcoins, Crime, Mining, News

Monero Mikrotik Madness: Carrier-Grade Cryptojacking Scheme

There are approximately 200,000 Mikrotik routers that are potentially vulnerable to the latest security breach devised by hackers to install and spread cryptojacking software that mines Monero (XMR). A team called Bad Packets has been monitoring the spread of the infections ever since the security vulnerability was first reported on August 2, 2018. The vulnerability exists within the management portion…

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Indian Government Websites Keep Getting Hacked to Mine Cryptocurrencies

Category: Altcoins, Blockchain, News, Platform, Tech

Indian Government Websites Keep Getting Hacked to Mine Cryptocurrencies

With more than 100 government websites hacked in September alone, security experts in India are in a race against time to identify more websites hosting malware that allows the unauthorized mining of cryptocurrencies, India Today reported on October 1, 2018.  Government Websites Fall Victim to Cryptojacking Despite the country’s reservations about cryptocurrencies, Indian government websites are becoming the most popular…

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McAfee Report: Cryptocurrency Mining Malware to only Grow in Magnitude

Category: Bitcoin, Ethereum, Mining, News, Platform, Tech

McAfee Report: Cryptocurrency Mining Malware to only Grow in Magnitude

The crypto community is well aware of cryptojacking – a crypto-malware attack that uses the hosts’ computer power to mine cryptocurrencies without their knowledge. In what comes as unfortunate news for the budding community, the problem is only going to get worse. Per a report published by The McAfee Labs, dated September 25, 2018, cryptocurrency-related malware attacks continue to witness…

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Amidst India’s Reluctance to Adopt Cryptocurrencies, ‘Cryptojackers’ Mint Money off of Indian Websites

Category: Altcoins, Business, Finance, Investment, News, Tech

Amidst India’s Reluctance to Adopt Cryptocurrencies, ‘Cryptojackers’ Mint Money off of Indian Websites

Although Indian regulatory bodies have maintained their distance from cryptocurrencies – this attitude has not deterred ‘cryptojackers’ from indirectly mining cryptocurrencies off of government websites. Per a report by The Economic Times, published on September 17, 2018, ‘cryptojacking’ continues to be a menace for the websites in the country. Cryptojacking on a Climb Hackers continue to mine cryptocurrencies taking advantage…

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Hackers Recycle old Ransomware for new Crypto Malware

Category: Altcoins, Bitcoin, Crime, Mining, News

Hackers Recycle old Ransomware for new Crypto Malware

Cybersecurity experts at Fortinet and Kaspersky have discovered new cryptocurrency malware that has been developed using updated versions of known ransomware according to September 5, 2018, reports. Cryptojacking Malware If you have been following blockchain media, you will be aware of the aggressive surge in cryptocurrency mining malware that allows hackers to implement code into a website that mines cryptocurrency…

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MEGA Chrome Extension Compromised, Hackers Stealing Private Crypto Key

Category: Altcoins, Blockchain, Crime, News, Tech

MEGA Chrome Extension Compromised, Hackers Stealing Private Crypto Key

A rogue version of file-hosting platform MEGA’s Chrome extension has triggered a major security alert from the company. The variant, first discovered by a contributor to the Monero project on September 4, 2018, was able to steal login information and private keys to cryptocurrency wallets. MEGA Chrome Extension Compromised The MEGA Chrome extension version 3.39.4 has been compromised and can…

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Mozilla to Roll out New Features in a Bid to Tackle Illicit Cryptomining and Third-Party Trackers

Category: Blockchain, News, Platform, Regulation, Tech

Mozilla to Roll out New Features in a Bid to Tackle Illicit Cryptomining and Third-Party Trackers

According to a press release published on August 30th, Mozilla Firefox revealed it will making some forward-thinking changes over the course of next three months, including blocking unconsented crypto mining activities, countering data breaches and preventing threat actors from performing conducting nefarious activities.  Blocking Cryptojacking Scripts In recent months, there have been reports about browsers that passively allowing miners to leverage…

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Hackers Are Still Cryptojacking Smartphones to Mine For Cryptocurrencies

Category: Altcoins, Bitcoin, Crime, Mining, News

Hackers Are Still Cryptojacking Smartphones to Mine For Cryptocurrencies

Security experts recently discovered that hackers are now mining for cryptocurrencies using smartphones. On August 22, 2018, The Daily Mail reported the growing problem and highlighted the need to protect users’ smartphones. Security researchers from the IT firm ESET noted that these hackers exploit the processors in smartphones by embedding a malicious cryptocurrency mining program inside a gaming app. Cryptojacking…

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Monero Mining Strikes Again: Drupal Systems at Risk

Category: Altcoins, Crime, News

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. Virus Deploying Monero Miner As stated in the report, the erstwhile named CVE-2018-7600, or “Drupalgeddon 2,” was found and patched by security researchers…

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