On a ‘Mining’ Mission to Destroy: What You Need to Know

The Hack Heard ‘Round The Net “I’m fairly knowledgeable in blockchain and have a lot of exposure in the space,” says Michael Fauscette, the chief research officer at G2 Crows, a platform and community where people connect and share experiences about business software. Having spent over ten years as an executive and senior analyst at … Read more

Cryptocurrency Malware Education: FacexWorm

Cryptocurrency service providers have been a prime target for criminals for as long as most people can remember. Most recently, security researchers came across FacexWorm, which targets cryptocurrency trading platforms accessed through affected browsers. It is another worrisome development for crypto enthusiasts. FacexWorm is a big Problem Researchers over at TrendMicro have outlined the potential problems caused by … Read more

Hackers Target 400,000 Computers with Mining Malware

More than 400,000 personal computers have been attacked in a large-scale attempt to distribute cryptocurrency mining malware. The hackers used sophisticated trojans to infect PCs mostly in Russia, but also in Turkey, Ukraine, and other countries. The coordinated assault lasted more than 12 hours. Also read: New Monero Mining Malware Sends Proceeds to Kim Il … Read more

Domains Running Cryptocurrency Mining Scripts Surge 725 Percent

The number of domains with cryptocurrency mining scripts installed has skyrocketed 725 percent in four months, according to a security firm’s research. Approximately 2.7 million users were attacked by malicious crypto miners last year, with the most successful cybercriminals earning millions of dollars. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Domains … Read more

Salon Offers Visitors In-House Cryptocurrency Mining When Blocking Ads

Mainstream web magazine Salon has started allowing its readers an ad-free site, if readers start mining cryptocurrency for them, after sustaining a decline in income due to ad blocking technology. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Salon’s Mining Initiatives Salon, a left-leaning political and lifestyle webzine started in 1995, has launched … Read more

Mining Crypto In a Browser Is a Complete Waste of Time

Malware that surreptitiously mines cryptocurrency while you browse the web is big news right now – literally in the case of news outlet Salon, which has enabled it as an opt-in feature. One thing that it certainly isn’t, though, is big business. Every other day, media outlets seem to be running stories about the latest … Read more