Tagged: monero

September 16, 2019 @ 8:05 am By Omar Faridi  |  

The South Korean arm of Malta-based digital asset exchange OKEx announced that it will no longer support five major cryptocurrencies due to new international financial regulations. OKEx Korea’s management noted that it would suspend trading for privacy-oriented digital currencies including Monero (XMR), Zcash (ZEC), and… Read More

September 7, 2019 @ 8:41 am By Cali Haan  |  

Police in China have shut down a massive cryptomining exploit pervaded by a computer network maintenance company in the Northeastern city of Zhengzhou, CCTV News reports. Officially, the company offered network maintenance services and “value-added advertising,” to Internet cafes and other businesses. Unofficially, the company’s 9000… Read More

September 1, 2019 @ 9:24 am By Cali Haan  |  

“Cybergendarmes” from France’s C3N anti-cybercrime centre have dismantled a botnet that infected 850 000 computers worldwide with a virus to mine the privacy cryptocurrency Monero, BBC reports. The botnet (a network of “zombified” computers commandeered by a virus to proliferate viruses) is believed to have… Read More

August 7, 2019 @ 11:44 pm By Cali Haan  |  

The European Central Bank (ECB) says it is working to close gaps in its crypto-network monitoring regime in order to ensure that risks, “currently contained and/or manageable,” do not, “increase over time and have future implications,” for mainstream financial systems. “Spillover effects may…be transmitted to… Read More

July 7, 2019 @ 8:30 pm By Cali Haan  |  

“White hat hackers” (friendly researchers) have discovered nine bugs in the code underpinning Monero, a “privacy cryptocurrency” network created in 2014 that is designed to conceal the identities of its users, Hard Fork reports. Up until March of this year, one of the bugs could… Read More

June 5, 2019 @ 11:28 am By Samantha Hurst  |  

Cryptocurrency Monero announced on Tuesday it has partnered with Arweave to validate the new cryptocurrency proof-of-work algorithm, RandomX. According to Monero, RandomX promotes fair cryptocurrency mining on standard computer hardware, resisting the use of Application Specific Integrated Circuits (ASICs). “RandomX fights the use of ASICs…. Read More

May 28, 2019 @ 7:23 am By Cali Haan  |  

The development team behind the “privacy coin” Monero has taken exception to a Reuters report profiling the coin and highlighting its use by criminals. “For a story that ‘examines the features and characteristics of some of the alternatives to Bitcoin that have grabbed the attention… Read More

February 22, 2019 @ 8:10 am By Cali Haan  |  

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

February 14, 2019 @ 3:07 am By Cali Haan  |  

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

January 20, 2019 @ 10:00 am By Cali Haan  |  

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

January 18, 2019 @ 4:13 pm By Cali Haan  |  

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

January 9, 2019 @ 10:25 pm By Cali Haan  |  

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

December 10, 2018 @ 5:11 pm By Cali Haan  |  

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

December 4, 2018 @ 2:15 pm By Cali Haan  |  

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

October 14, 2018 @ 11:06 am By Cali Haan  |  

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

September 19, 2018 @ 4:46 pm By Cali Haan  |  

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

July 18, 2018 @ 11:20 am By Cali Haan  |  

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

July 13, 2018 @ 1:40 pm By Cali Haan  |  

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

June 25, 2018 @ 3:40 pm By Cali Haan  |  

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

June 13, 2018 @ 9:56 am By Cali Haan  |  

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