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Tag: monero

Flash Exploited by Cryptojackers to Mine Monero, Over 100 Instances Flagged by Adobe

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

Flash Exploited by Cryptojackers to Mine Monero, Over 100 Instances Flagged by Adobe

Adobe’s Flash Player, once a prominent feature of the last decade to enable millions around the world to play internet games, has made its way to the hackers’ arsenal as they look to leverage all forms of customer-facing software to illegally mine cryptocurrencies, reported Finance Magnates on October 12, 2018. Old Tricks, new Rewards Research published by the cybersecurity research…

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Six Reasons Why Privacy Coins Are Not Just For Criminals

Category: News

Six Reasons Why Privacy Coins Are Not Just For Criminals

Privacy-centric digital currencies are coming under more scrutiny as their use on dark web marketplaces is on the rise. Law enforcement agencies and several financial regulators are concerned that anonymous digital currencies could be used to facilitate terrorist financing and money laundering in a de facto untraceable manner. Japan, for example, has already acted on these concerns and have prohibited…

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Monero Releases “Best Practices” to Help Keep Users Safe

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

Monero Releases “Best Practices” to Help Keep Users Safe

Monero, one of the most prominent privacy-focused cryptocurrencies, recently released a series of pages collectively called “Monero Best Practices.” The collection has tips for those looking to handle their Monero in the safest manner possible and has useful information for beginners and veterans alike. In total, there are seven pages with topics spanning from setting up your first wallet to…

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ShapeShift Refutes the Wall Street Journal’s Claims of Money Laundering

Category: Altcoins, Bitcoin, Commentary, Exchange, Finance, News

ShapeShift Refutes the Wall Street Journal’s Claims of Money Laundering

In a blog post published October 1, 2018, cryptocurrency exchange service ShapeShift refuted a recent Wall Street Journal report claiming that approximately $9 million illegally obtained funds went through the exchange. ShapeShift’s CEO Erik Voorhees has issued a cutting rebuke of WSJ’s claims. The CEO emphasized that the authors’ claims were factually incorrect. Money Laundering Claims Voorhees further wrote that…

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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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Computer Infected by Monero Malware? There’s a Workgroup for That

Category: Altcoins, Crime, Interviews, Mining, News

Computer Infected by Monero Malware? There’s a Workgroup for That

It seems like every day the crypto news zeitgeist is reporting on yet another Monero (XMR) malware hacking attempt. The scale is different from nations, individuals, and everyone in between, but the mechanism appears relatively the same. A simple Javascript Coinhive plug-in, a wallet, and one of the strongest privacy-centric cryptocurrencies on the Internet means just about anyone can be…

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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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How Do you Mine Monero on a Laptop?

Category: Altcoins, Cryptocyclopedia, Guides, Mining

How Do you Mine Monero on a Laptop?

In this guide, we explore how to mine Monero on a Windows-based laptop. Before we get started with mining, let’s first understand the technology behind the privacy-centric cryptocurrency. This is the third post of our Trade Code series, if you haven’t already, check out our latest post about writing your first Ethereum smart contract with minimal coding experience. Enter CryptoNote –…

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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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