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Africa Blockchain Conference 2018 • May 23-24, 2018

Organized by The Blockchain Association of Uganda, with support from the Government of Uganda, the Africa Blockchain Conference will concentrate…

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Tag: Cryptojacking

User Discovers Hidden Bytecoin Mining Code in Ubuntu App

Category: Altcoins, Crime, Mining, News, Tech

User Discovers Hidden Bytecoin Mining Code in Ubuntu App

A Github user by the title of “tarwirdur” reported an app (now removed), hosted on the Ubuntu Snap Store that contained hidden cryptocurrency code for mining Bytecoin tokens. The app on which the malicious code was found was the 2048buntu app which is a replica of the 2024 game also hosted on the Ubuntu Snap Store. Fortunately, the Ubuntu team…

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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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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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Cryptojacking on the Rise: Employees are Hijacking Company Servers

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

Cryptojacking on the Rise: Employees are Hijacking Company Servers

Employees of companies around the world have been illegally diverting corporate computing infrastructure to secretly mine bitcoin and other cryptocurrencies. In recent years, cryptocurrencies have become a valuable and highly sought-after asset. Consequently, we have seen the emergence of desperate schemes to acquire possession of these digital assets, ranging from hacking, physical theft, phishing scams etc. With the frenzy not…

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UK Cybercrime Authority Lists “Cryptojacking” As Serious Threat

Category: Altcoins, Commentary, News, Tech

UK Cybercrime Authority Lists “Cryptojacking” As Serious Threat

A British government agency has acknowledged the rise of “cryptojacking,” and has released a report which listed the issue amongst other major threats to UK’s internet ecosystem. The report, published by U.K.’s National Cyber Security Centre (NCSC) on April 10, highlighted cryptojacking as a “significant concern.” Other compromised identified trends were; IoT, data breaches, and legislation, supply-chain compromises, “worms,” and…

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Cryptojacking Surges 10,000 Percent in Sweden During Q4 2017

Category: Altcoins, Bitcoin, News, Tech

Cryptojacking Surges 10,000 Percent in Sweden During Q4 2017

Sweden has seen a surge of cryptojacking attacks, with a growth of 10,000 percent in the last quarter of 2017. This is twice the global growth rate for the same period, and more than the price of bitcoin managed in the whole year! Cybersecurity threats are a growing global concern, and rapid developments in cryptocurrency have made this type of…

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Hackers Hijack Tesla’s Cloud to Mine Cryptocurrency

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

Hackers Hijack Tesla’s Cloud to Mine Cryptocurrency

Tesla, the electric car manufacturer, has become the latest victim of a cryptocurrency mining malware attack after its cloud service was hijacked to mine cryptocurrency. In a blog post on, February 20, 2018, by RedLock, a cybersecurity outfit, suspected hackers were able to gain access to the Tesla cloud environment and use its computing power to mine cryptocurrencies. According to…

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