Tag: XMR

Monero announced to miners and users alike the scheduled hard fork for October 18th, in a blog post listing the details of the “Beryllium Bullet” release. A whole slew of updates is announced with some of the major ones being Bulletproofs enabled for reduced transaction size and an updated PoW algorithm to be less ASIC friendly. As with any hard…

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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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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, 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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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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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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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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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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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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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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