Tagged: monero

UK Firm Auctioning 315 Seized Bitcoins for Belgian Government

UK auction house Wilson’s Auctions will be selling 215 Bitcoins, Bitcoin Gold “coins” and Bitcoin Cash “coins” in a 24-hour Timed Online Auction starting February 28th. According to the firm, the coins (104.99 of each), “were seized by the Belgium police as a result of a… Read More

Monero Crypto Network Plans Fork to Buck ASIC Miners Once and For All

Fork

Developers of the privacy-cryptocurrency Monero have announced they’ll be “forking” (making code changes to) their network, changes that will reportedly make it impossible for “miners” using powerful ASIC-chip-laden machinery to process transactions on the network, Blockchain Reporter states. The change, which is scheduled to take… Read More

Use of Bitcoin on Dark Net Doubled in 2018 Despite 80% Price Drop

An average of $2 million USD in Bitcoins per day is still flowing into Dark Net markets, despite an 80% price slump and the mid-2017 shuttering of Alpha Bay and Hansa, two popular Dark marketplaces, Reuters reports. Reuters says that flow represents a doubling of… Read More

New Monero CryptoMining Malware Targeting Alibaba and Tencent Clouds

Cybersecurity firm Palo Alto Networks’ Unit 42 “global threat intelligence team” has identified a new exploit illegally mining Monero cryptocurrency on Chinese public cloud networks: “Palo Alto networks recently captured and investigated new samples of the Linux coin mining malware used by the Rocke group…. Read More

Norwegian Police Seeking Public’s Help in Kidnapping Case; Monero Ransom Demanded

Police and Norwegian media are reporting that the wife of one of Norway’s richest people went missing from her home October 31st, and hasn’t been seen since. According to Norwegian police, “the main hypothesis” is that 68-year-old Anne-Elisabeth Hagen was abducted. Police say they found… Read More

Monero-Mining Malware Getting More Sophisticated, Researchers Say

A sophisticated actor, or actors, is presently using an “evolving” type of crypto-jacking software to infect private systems from Mexico to India to Norway to Israel, commandeering them for the mining of Monero, a popular “privacy cryptocurrency” difficult to trace. The malware, called “KingMiner,” has been… Read More

US Department of Homeland Security Seeking Privacy Crypto Forensics Contractors

The Department of Homeland Security (DHS) Small Business Innovation Research (SBIR) Department is seeking proposals from contractors skilled in blockchain forensics, data analysis, and information sharing. More specifically, the DHS/SBIR is satisfied with its ability to investigate transactions on the Bitcoin blockchain but seeks to be able… Read More

Fake Flash Player Updates Getting More Sophisticated at Spreading Crypto Malware

Until recently, fake Flash Player updates designed to spread malware have typically been rather clunky and lacking in “stealth,” says Brad Duncan, a threat intelligence analyst and writer for the cybersecurity firm Palo Alto Networks. “In recent years, such imposters have often been poorly-disguised malware… Read More

A Botnet is Roving Around Destroying CryptoMining Malware

Lost in Space Robot

Cybersecurity researchers at Qihoo 360NetLab say they have identified a botnet (a network of coordinated computing devices) that is trolling the net to locate computers running Monero mining script and destroying the script. The botnet is said to first look for the presence of a… Read More

Bitmain, Biggest Crypto Firm On Planet, Expands Again, This Time in Isreal

Cryptocurrency consortium Bitmain, the world’s most valuable crypto firm, has embarked on yet another expansion, this time in Isreal, where it plans to triple the size of the workforce at its Ra’anana development centre. Bitmain told Israel business news site Globes that it is adding… Read More

Stolen File Site Pirate Bay Mining Crypto on Visiting Computers

Pirate Bay, an illegal website that indexes stolen digital files is trying out a new revenue model so it can chuck those pesky ads. The file pirates first announced plans to engage 20-30% of visitors’ CPU power to mine cryptocurrency Monero last fall in a… Read More

Secret Service Official Urges Congress to “Address Emerging Risks” Posed by Cryptocurrencies

Officials from several American law enforcement agencies told the US congress June 20th that they have noted an increased use of cryptocurrencies for crime. The Deputy Assistant Director of the Secret Service’s Office of Investigations, Robert Novy, stressed that enforcement agencies must continue to adapt… Read More

Police to Lay Charges in Japan’s First “CryptoJacking” Case

Police in Japan have charged three individuals with infecting the computers of unsuspecting individuals with malware that mines the privacy cryptocurrency Monero. According to the Japanese daily news provider Mainichi, the three individuals are accused of setting up web sites designed to attract and then surreptitiously… Read More

Japan Regulators Urging Crypto Exchanges to Exclude Anonymous Altcoins

Forbes has reported that sources close to Japan’s Financial Services Agency (JFSA) have confirmed that the agency is encouraging the country’s crypto exchanges to exclude anonymous cryptocurrencies Monero (XMR), Zcash (ZEC), and Dash (DASH) from trading on their exchanges. The suggestion comes as a number… Read More

Mining Monero More Profitable Right After Anti-Asic Hard Fork

“Hashing power” dropped precipitously on the Monero network right after the system “hard forked” April 6th. The temporary decrease in competition for block rewards induced by the fork has been attributed to the fact that many minors had not upgraded their software in time for… Read More

Asian Pop Stars Leading the Charge into Celebrity-Branded Crypto

Musicians are increasingly looking to crypto to secure and boost bottom lines. Korean paper The Chosun Ilbo reported in February that Korean girl band T-ara are working with Australian firm ENTCash to produce a cryptocurrency or token that fans will be able to trade for… Read More

Payza Adds New Cryptocurrencies to Exchange, Including Ethereum, Ripple, Litecoin, Dash & Monero

Payza, a global payments platform,  announced a cryptocurrency exchange expansion to include the “most popular” Bitcoin alternatives. In the majority of the countries where Payza is available, verified Payza members may now sell Ethereum, Ripple, Litecoin, Dash, Monero, Zcash and dozens of other cryptocurrencies to Payza,… Read More

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