A Quick Look at the Underground World of Crypto-Mining Malware

A Quick Look at the Underground World of Crypto-Mining Malware

The fast-rising cybercrime, crypto-mining malware, has been a matter of concern lately. Many investigations and studies have been carried out to ascertain how the not-so-easy-to-spot insidious operations work. Although these investigations have helped to debunk lots of myths, very little light has been shed on binary-based crypto-mining malware. While web-browser cryptojacking, the commonly known form of crypto-mining malware, has got all of the attention. This necessitated the need for in-depth research on the entire underground…

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€9 Million Worth of Monero (XMR) Demanded as Ransom for Norwegian Billionaire’s Wife

€9 Million Worth of Monero (XMR) Demanded as Ransom for Norwegian Billionaire’s Wife

VG, a local news outlet in Norway, on Jan. 9. reported on the kidnap of Anne-Elisabeth Falkevik Hagen, the 68-year old wife of Norwegian 172 richest man. The incident, which occurred on Oct. 31, 2018, was shrouded in secrecy for the fear of upsetting the kidnappers who clearly warned against police involvement in the case. Tom Hagen, the husband of the 68-year old victim, reportedly reached out to local media outlets and the police department…

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Epic Games CEO: Oops! Enabling Monero in Fortnite Store Was Accidental; No Talks with any Crypto Company

Epic Games CEO: Oops! Enabling Monero in Fortnite Store Was Accidental; No Talks with any Crypto Company

Oh Monero, Monero… this must be really awkward for you. (And to be honest, for us too.) After last week we reported that the official merch store (Retail Row) of the incredibly popular video game Fortnite opened its crypto payment gates exclusively to Monero, now we can report that… well, oopsy doopsy, it appears that it was all just an intentional mistake of sorts, and the implementation of such a cryptocurrency payment option had been…

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Popular Video Game Fortnite Enables Monero Payments in its Official Merch Store

Popular Video Game Fortnite Enables Monero Payments in its Official Merch Store

With over 200 million registered users, Fortnite is one of the most popular video games in the world right now – and probably in history as well. According to various reports, in any given moment there are millions of users from all corners of the globe playing the game, whilst it has hit an astounding record of 8.3 million players online in November, 2018. And with that kind of almost unfathomable popularity, Fortnite now jumps…

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US Department of Homeland Security Seeks Solutions to Investigate Blockchain Transactions

US Department of Homeland Security Seeks Solutions to Investigate Blockchain Transactions

While cryptocurrency opens up a whole new realm of financial possibilities, the fact is that this new form of digital asset is being exploited by scammers, cybercriminals and even terrorists. The latter is of extreme concern and urgency for governments and law enforcement agencies all around the world – and rightly so. This is mainly why just recently it was decided in the G20 summit that nations would collaborate in order to regulate better the…

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Activist Group Bail Bloc Bails Out Immigrants with Monero Mining

Activist Group Bail Bloc Bails Out Immigrants with Monero Mining

An online activist group, Bail Bloc, is trying to raise funds via a cryptocurrency called Monero, in order to bail people out of US immigration and Customer Enforcement’s (ICE) pre-trial incarceration. Recently, the group launched Bail Bloc 2.0, which has a little cryptocurrency twist. Exactly one year ago today, we launched Bail Bloc, which has been using your spare computing power to get people out of pre-trial incarceration. Today we're launching Bail Bloc 2.0, which uses…

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4 Unregistered Crypto Companies were Shut Down by Colorado’s Division of Securities

4 Unregistered Crypto Companies were Shut Down by Colorado’s Division of Securities

Colorado’s division of securities has officially issued cease-and-desist warnings to four different companies that have their own ICO or “securities” offerings. Each of these companies was operating within the state of Colorado and they were shut down as the result of an investigation performed by an ICO task force. The division of securities has been cracking down on companies offering their own digital coins without proper registration for the issuance of such securities. Companies that…

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Report: North Korea Deepens Involvement in Cryptocurrency Scams this Year

Report: North Korea Deepens Involvement in Cryptocurrency Scams this Year

Over the last 18 months, the internet technology company Recorded Future has released details of a number of reports into North Korea’s use of the Internet. There is evidence to show that North Korea’s leaders are technologically savvy and engage with emerging and cutting-edge technologies such as cryptocurrency. Key Findings of the 18-month look into North Korea’s Internet Habits One major goal of internet usage among North Korea’s ruling elite is to create revenue for…

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Research: By 2023 Bitcoin at $96K, Ripple to Collapse, Ethereum to Stalemate

Research: By 2023 Bitcoin at $96K, Ripple to Collapse, Ethereum to Stalemate

Uncertainty rules the realm of cryptocurrency. Will the general masses adopt cryptocurrency? What will be the Bitcoin price? Which digital currencies will rise and which ones will fall? These are probably some of the most prevalent questions, which dominate the discourse around crypto. A new intriguing research tackles exactly these most puzzling issues, and suggests several fascinating assessments. The research (PDF) was conducted by the analysts Sherwin Dowlat and Michael Hodapp of the initial coin…

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New Collaboration Enables Australians to Pay Everyday Bills with Cryptocurrency

New Collaboration Enables Australians to Pay Everyday Bills with Cryptocurrency

The mere possibility of paying everyday bills with cryptocurrencies is one huge step toward mainstream mass adoption – and Australia just made one huge stride forward. Through a collaboration of the Australian bill payment company Gobbill and cryptocurrency exchange CoinTree, Aussies will be able to pay their customary bills with dozens of cryptocurrencies. This partnership makes it irrelevant if the billers themselves accept cryptocurrencies or not: the customers’ cryptocurrencies will be transferred from their CoinTree…

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