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Tag: monero

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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Is In-Browser Mining a Good or Bad Use Case for Cryptocurrency?

Category: Altcoins, Bitcoin, Mining, News, Tech

Is In-Browser Mining a Good or Bad Use Case for Cryptocurrency?

You may not even know it, but the chances are that one of the websites you visited today using a browser may have used your phone or laptop to mine cryptocurrency. Mining of cryptocurrencies is not something that is new, even if the majority may not know how it is done or even heard about it. Every cryptocurrency uses blockchain…

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MoneroV: A Trap Laid for Monero Users?

Category: Altcoins, Blockchain, Commentary, News

MoneroV: A Trap Laid for Monero Users?

Fork mania has arrived for the blockchain network Monero. There are plans to fork and provide an airdrop for holders of the altcoin during early March, dubbed MoneroV. The cash grab could be a way to uncover the individual identities of those who use Monero if they fall into the trap. Here, we outline the facts about MoneroV (XMV) and…

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Bytecoin: The Cryptocurrency Scam that Resembles a Black Hole

Category: Altcoins, Commentary, News, Tech

Bytecoin: The Cryptocurrency Scam that Resembles a Black Hole

Bytecoin (BCN) was the first CryptoNote cryptocurrency, based on an entirely different codebase than Bitcoin’s. Almost pulling the wool over the eyes of the entire cryptocurrency community, the scam was revealed some years ago and resulted in only a handful of CryptoNote cryptocurrencies retaining the trust of users. It is the cryptocurrency market’s equivalent of a black hole; no one…

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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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Hackers Now Use Android Phones and Smart TVs to Mine Cryptocurrency

Category: Altcoins, Mining, News, Tech

Hackers Now Use Android Phones and Smart TVs to Mine Cryptocurrency

It’s no news that cryptocurrency mining is big business and in a bid to maximize profit, miners have devised various methods of maliciously installing their crypto mining malware on unsuspecting users. Smart television sets and Android phones are the new home for the Monero mining malware. Monero on Television Chinese researchers at Netlab360 have recently discovered hackers turning internet-connected gadgets…

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Top Privacy Cryptocurrenciess of 2018 (XMR, ZCL, DASH, BTCP, ZCASH, XVG, PIVX)

Category: Cryptocyclopedia

Top Privacy Cryptocurrenciess of 2018 (XMR, ZCL, DASH, BTCP, ZCASH, XVG, PIVX)

Countries are taking an approach to either regulate or ban cryptocurrencies entirely. This has left many individuals who transact in the cryptocurrency space with the option to stop transacting or start using Privacy Coins. Privacy coins grew exponentially in popularity in 2017 with 2018 beginning to show some major leaders in the space. What is a Privacy Crypto? Privacy coins…

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Understanding The Latest Cryptocurrency Scam: Monero Gold

Category: Altcoins, Commentary, Ethereum, News

Understanding The Latest Cryptocurrency Scam: Monero Gold

The relatively young and unregulated cryptocurrency space is, unfortunately, a fertile breeding ground for criminals looking to score a quick buck. The lack of regulation coupled with the expanding interest from the general public continues to attract a substantial amount of fraudsters, with methods ranging from rudimentary and uncomplicated to the most cunning and sophisticated. When bitcoin started trading in…

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Monero Cryptocurrency Miner Leverages NSA Exploit

Category: Altcoins, News, Tech

Monero Cryptocurrency Miner Leverages NSA Exploit

In a growing development, attackers have leveraged an exploit found in almost all generations of Microsoft Windows. EternalBlue is a security vulnerability that allowed WannaCry to run rampant in over 150 different countries and took down parts of the National Health Service (NHS), as well as Petya/NonPetya (a strain of ransomware that inspired NATO to assemble an entire cyber operation…

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Bitcoin Transaction Analysis Can Break Tor Anonymity

Category: Bitcoin, Blockchain, News, Tech

Bitcoin Transaction Analysis Can Break Tor Anonymity

Researchers from Qatar University in Doha published a paper on January 23, 2018, detailing their successful attempt to de-anonymize Tor users with bitcoin transaction analysis. In this shocking research paper, a clear and simple method is explained for tracking the real identities of people who sent or received payments for hidden services using bitcoin. 125 unique users were positively identified…

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