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Tag: McAfee

McAfee Labs Report: Crypto-Jacking Malware Mining Several Coins on Host System Detected

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

McAfee Labs Report: Crypto-Jacking Malware Mining Several Coins on Host System Detected

A report submitted by McAfee researchers on November 12, 2018, claims that a new crypto mining malware capable of mining different cryptocurrencies depending on the host’s system is on the loose. Russian Malware Attacks Global Networks Crypto-jacking malware and its attack vectors are becoming more efficient by the day. A new Russian malware that mines different cryptocurrencies based on the…

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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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McAfee-Backed “Unhackable” BitFi Wallet Hacked to Run P.C. Game

Category: Altcoins, Bitcoin, Blockchain, News, Tech, wallet

McAfee-Backed “Unhackable” BitFi Wallet Hacked to Run P.C. Game

Security researchers have successfully modified BitFi’s hardware wallet and provided a demonstration of the device running Doom. BitFi’s response? “Prove it.” Security researchers are arranging a demonstration this weekend proving BitFi’s wallets can be hacked. Unhackable? Not So Much BitFi launched their hardware wallet in June as a way for cryptocurrency users to secure their bitcoins and other cryptocurrencies. In…

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McAfee Report: Cryptojacking Up By 629 Percent in 2018

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

McAfee Report: Cryptojacking Up By 629 Percent in 2018

Cryptojacking, the secret use of a computing device to mine cryptocurrency, has surged 629 percent in 2018, according to the latest report by computer security firm McAfee. A rise from 400,000 in Q4 2017 On average, five new threat samples were found every second in 2018 Q1, totaling 2.9 million. This represents a massive 629 percent growth in cryptojacking and…

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John McAfee to Stop Promoting ICOs because of “SEC Threats”

Category: Altcoins, Bitcoin, Business, Ethereum, News

John McAfee to Stop Promoting ICOs because of “SEC Threats”

John McAfee, a British-American computer programmer, known for his company’s anti-virus software, and lately one of the leading promoters of initial coin offerings (ICO), has surprised everyone by having a change of heart about the whole ICO business. SEC “Threatens” McAfee Seventy-two-year-old McAfee, who unsuccessfully ran for US president as a member of the Libertarian Party in 2016, took to…

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