#XMR News

Small Black Squid Sitting on a Computer Screen

BlackSquid Malware Exploiting Web Servers to Mine Monero (XMR)

June 5, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Cybersecurity researchers have discovered BlackSquid, a new malware family that exploits unpatched loopholes in web servers, network drives, and removable drives to mine privacy-centric monero (XMR), according to a TrendMicro report on June 3, 2019. Mining Monero in Stealth Mode Per the team, the notorious malware uses “multiple web server...

Monero Hard Fork: Battling Mining Centralization with ASIC Resistance

June 4, 2019 by Ashwath Balakrishnan at Altcoins

The anonymous cryptocurrency Monero plans to carry out a hard fork to make the network resistant to ASIC miners in an attempt to promote network decentralization. The erstwhile Cryptonight algorithm is likely to be removed in favor of RandomX to keep mining centralization at bay, June 4, 2019. Community Driven...

Stacks on a Server Being Attacked by Two Computers

The Malware that Hacks Computer Servers to Mine Cryptocurrency

May 3, 2019 by Mohammad Musharraf at Altcoins, Cybersecurity, Mining, News

In an exclusive report to TechCrunch, Boston-based security firm, Threat Stack, revealed the discovery of a new variation of the Shellbot malware that was capable of breaking into crypto miners’ computers and using their resources to mine cryptocurrencies. Shellbot Capable of Mining Monero Worth $300 Per Day First reported by...

How To Keep Your Bitcoin Investment as Private as Possible

Crypto Privacy Part 2: Zcash vs. Monero

March 18, 2019 by Toju Ometoruwa at Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, Development

In the first few years of Bitcoin’s existence, one of the features that attracted the most attention from early advocates was the ability to make private transactions. Bitcoin’s Privacy Woes In a financial system where banks, businesses and government authorities heavily monitor consumer purchases, the ability for one to vanish...

Monero Bug Costs Nano S User 1,680 XMR

March 7, 2019 by Tokoni Uti at Altcoins, News, Tech, wallet

Monero seems to be experiencing a bit of a bug problem as on March 4, 2019, the Ledger team warned about the use of the Nano S wallet after user funds were lost. The day before, Monero themselves had warned users about a bug that sends fake deposits to exchanges....

You Can Now Mine Monero to Bail People Out of Jail

Coinhive Says it Is no Longer “Economically Viable” and Shuts Down

March 1, 2019 by Tokoni Uti at Altcoins, Business, Development, Mining, News

The crypto winter has claimed yet another firm as Coinhive announced on February 26, 2019, that they would be discontinuing their services from March 8, 2019. Saying Goodbye Perhaps the most apparent after-effect of the crypto crash of 2018 was the near-immediate decline in the mining sector. As the price...

Penguin Surrounded by Multi-Headed Beasts

Cryptojacking Malware Targets Linux and IoT Users to Mine Monero Cryptocurrency

February 7, 2019 by Aisshwarya Tiwari at Altcoins, Blockchain, Crime, Mining, News

Cybersecurity firm JASK Inc. published a study on February 5, 2019, detailing the wave of cryptojacking attacks in November 2018 that mined privacy-centric cryptocurrency Monero (XMR) on target user’s computer system. Romanian Hacker Group “Outlaw” to Blame According to research conducted by JASK, an upgraded and modified version of trojan Shellbot...

Surveillance Cameras in Clouds with Octopus

Rocke Group’s Monero Mining Malware now More Powerful than Cloud Security Software

January 19, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Crime, Development, News

According to a January 17, 2019, press release from Palo Alto Networks’ Unit 42, a threat intelligence team, a Linux mining malware developed by Rocke group has advanced to uninstall cloud security products from Alibaba Cloud and Tencent Cloud to illegally mine Monero (XMR) on compromised machines. Monero (XMR) Mining...

Gate.Io Launches Monero (XMR) and Stellar Lumens (XLM) Perpetual Contracts

January 19, 2019 by Neil at Altcoins, Business, Development, Exchange, Finance, News

Many believe that institutional money will not flow into cryptocurrency markets until there are more adaptability and flexibility with the markets with regards to investment products such as futures contracts. Gate.io has recently added two new assets to its “perpetual contract trading,” Monero (XMR) and Stellar Lumens (XLM), on January...

Cryptocurrency Mining Malware Ranks Top for the 13th Time on Global Threat Index

January 15, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Crime, News

The "Global Threat Index for December 2018" report from Israeli cybersecurity solutions company Check Point Software Technologies Ltd. has revealed that cryptocurrency mining malware has topped the chart for the 13th time in a row to be computer's most prevalent attacks, according to GlobeNewswire on January 14. Cryptocurrency Mining Malware...

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