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Tag: XMR

Monero Mining Strikes Again: Drupal Systems at Risk

Category: Altcoins, Crime, News

Monero Mining Strikes Again: Drupal Systems at Risk

On July 23, 2018, cybersecurity website Security Intelligence reported that several companies and software users remain susceptible to the infamous “Drupalgeddon virus,” despite Drupal Security Labs releasing a software patch in March 2018 to fight the vulnerability. Virus Deploying Monero Miner As stated in the report, the erstwhile named CVE-2018-7600, or “Drupalgeddon 2,” was found and patched by security researchers…

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Monero Announces Successful Completion of “Bulletproof” Protocol Audit

Category: Altcoins, Blockchain, Development, News

Monero Announces Successful Completion of “Bulletproof” Protocol Audit

Monero, a privacy-focused open-source cryptocurrency announced via Twitter that Kudelski Security, an independent Swiss cyber and media security solutions company, has completed the first successful technical audit of Monero compatible Bulletproofs on July 16, 2018. Monero also embedded a draft of the full report in a tweet. While there were a few minor issues, the successful audit was a big win…

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Cryptocurrency Mining Malware Affects League of Legend Gamers in the Philippines

Category: Altcoins, Bitcoin, Ethereum, Mining, News

Cryptocurrency Mining Malware Affects League of Legend Gamers in the Philippines

Players of the widely popular game League of Legends (LoL) in the Philippines faced a predicament after a significant cryptocurrency mining malware came to light on July 11, 2018. Garena+ Client Causes Havoc Daily eSports detailed the latest instance of the widespread mining attack, a first-of-its-kind. LoL players in the Philippines discovered a particular Garena client containing a malicious cryptocurrency…

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Europol Seizes $5.2 Million Worth of Cryptocurrencies After Raid

Category: Altcoins, Bitcoin, Crime, News

Europol Seizes $5.2 Million Worth of Cryptocurrencies After Raid

European law authorities in Spain and Austria have reportedly seized several cryptocurrency tokens, including Bitcoin, IOTA and Lumen. The coins were discovered after officials raided a drug organization and arrested members of an organized crime group. The operation was carried out by a team of officials including officers from Spanish Garda Civil, Europol and the EU Law Enforcement Agency. Bitcoin…

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The Pirate Bay Relaunches Cryptocurrency Mining on its Website to Earn Revenue

Category: Altcoins, Business, Mining, News, Tech

The Pirate Bay Relaunches Cryptocurrency Mining on its Website to Earn Revenue

The rise of cryptojacking is well documented as a rising threat. However, for some websites, the activity equates to revenue generation in the absence of traditional forms of making profits, such as advertising. Torrent-focused news outlet TorrentFreak reported on July 2, 2018, the world’s largest torrent client, The Pirate Bay (TPB), has restarted its cryptocurrency mining activities by embedding a…

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3 Bitcoin Improvement Proposals That Aim to Increase Privacy for Bitcoin Users

Category: Altcoins, Bitcoin, Blockchain, News, Tech

3 Bitcoin Improvement Proposals That Aim to Increase Privacy for Bitcoin Users

While bitcoin is the most popular and valuable decentralized digital currency in the market today, it is not without its issues. One of the main challenges that the Bitcoin network faces is a lack of transaction privacy. To address this, a number of altcoins with a focus on privacy have been introduced into the market. The largely positive market response…

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Largest India Conglomerate Victim of Monero Cryptojacking

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

Largest India Conglomerate Victim of Monero Cryptojacking

Aditya Birla Group, one of India’s top business conglomerates is the first victim of a “cryptojacking” attack that occurred In April 2018. The attack was first detected in some of the conglomerates overseas subsidiary’s, but it quickly spread to manufacturing and other companies closer to home within days. First in India, but Illicit Mining Is a Long-Standing Problem Over 2,000…

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Norwegian Court Rules Against Bitcoin Exchange Bitmynt AS

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Norwegian Court Rules Against Bitcoin Exchange Bitmynt AS

A Norwegian bitcoin exchange Bitmynt AS has lost a lawsuit that was filed in 2017 against Nordea Bank AB. The lawsuit was filed by Bitmynt AS founder Sturle Sunde shortly after the bank suspended its account citing nefarious use in April 2018. The Verdict Judge Elisabeth Jordan Ramstad of Oslo District Court ruled that the decision taken by the financial…

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Cake Wallet Receives Seal of Approval from the Monero Project

Category: Altcoins, Finance, News, Tech

Cake Wallet Receives Seal of Approval from the Monero Project

If you’ve been into Monero (XMR) for a while, you’ll know that there was a time when mobile wallets were non-existent. As the ecosystem grows and begins to thrive, a wallet for iOS devices has emerged and recently won over the Monero Core team. Monero Wallets are Beginning to Blossom Known as Cake Wallet, the startup’s journey from inception to…

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Former CTFC Chairman Says Ripple and Ethereum Might Get Classified as Securities

Category: Altcoins, Bitcoin, Blockchain, Commentary, Finance, News, Regulation

Former CTFC Chairman Says Ripple and Ethereum Might Get Classified as Securities

Gary Gensler, former CFTC chairperson and one of the top financial regulators in the Obama administration talked about the fast evolving realm of cryptocurrencies during his recent speech at the Massachusetts Institute of Technology on April 23, 2018. Ethics And Governance “I don’t think it’s any longer a question of ‘if,’ but it’s a question of ‘when.’’ ICOs and other…

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