CoinRocket
  • Home
  • Blog
  • Bitcoin
  • Crypto Exchange
  • About us
Home
Blog
Bitcoin
Crypto Exchange
About us
CoinRocket
  • Home
  • Blog
  • Bitcoin
  • Crypto Exchange
  • About us
Browsing Category
Archive
Blog

Crypto-Jacking on the Rise According to McAfee Report

August 31, 2019 No Comments
Share:

Crypto-jacking campaigns increased substantially in the first quarter of 2019 according to a McAfee Labs Threats Report published yesterday.

The prevalence of ransomware attacks climbed a massive 118% during Q1, while malware attacks increased by 29% in the same period. The report also states that the attacks were indiscriminate, meaning that both Windows and Apple users were targeted. The majority of attacks on Windows users were carried out using PowerShell, which is a scripting language that allows system administrators to rapidly automate tasks and manage operating systems.

One of the larger crypto-jacking campaigns reported by McAfee was the malware PsMiner, which is specifically targeted at Monero (XMR). XMR is currently the 12th largest cryptocurrency with a market cap of $1.16 billion USD and is popular among users as it allows for completely anonymous peer-to-peer transactions, without even tracing the user’s address, as well as the potential for high rewards. Recently, French authorities stopped a virus that had infected over 850,000 devices in order to mine Monero.

Apple users were targeted by a malware called CookieMiner, which shared code with a past campaign in order to steal digital wallets and credentials. CookieMiner stole data from many popular exchanges, including Binance, Coinbase, and MyEtherWallet. Despite the huge increase in crypto-jacking campaigns, McAfee’s report stressed that hackers still require the involuntary cooperation of victims. “Even with all the sophisticated attack techniques being developed, attackers are still highly dependent on human interaction and social engineering,” the report concluded.

>> Japan’s Crypto Exchange Coincheck Cuts Margin Trade Limit

McAfee’s report comes just weeks after CipherTrace published its Cryptocurrency Anti-Money Laundering (AML) Report. This report estimated that in Q1 2019, cryptocriminals illicitly obtained 1.2 billion USD in cryptocurrency. Both of these reports reiterate the need for increased monitoring of crypto platforms by authorities. In June, the G20 nations gave their full support to the Financial Action Task Force’s (FATF) new “traffic rule,” which requires transactions between exchanges to include personal information about the sender and receiver of funds.

Featured Image: DepositPhotos © maxkabakov


Chinese cryptocurrencyPrevious

Chinese Cryptocurrency is Not Coming Anytime Soon, Says Reports

cryptocurrency, cryptocurrency exchange, cryptocurrency mining, cryptocurrency list, cryptocurrency charts, cryptocurrency trading, cryptocurrency market, cryptocurrencies, crypto currency, cryptocurrency values, ryptocurrency definition, cryptocurrency news, cryptocurrency ranking, bitcoin, ethereumNext

3 Altcoins That Have Potential To Be The Next Ethereum Or Bitcoin

If You Liked This Article Click To Share




Source link

Continue reading
Reading time: 2 min
Written by: Priceflash
Blog

Telegram to Release TON Blockchain Code on September 1

August 30, 2019 No Comments
Share:

Telegram will release the code required to run a Telegram Open Network (TON) node on September 1, according to individuals close to the project.

The news was confirmed by two individuals familiar with the project, an investor and an affiliate with TON labs. There has been a high level of secrecy around the project, and some analysts have previously raised concerns regarding the lack of activity from Telegram on advancing its proposed blockchain. Francois Pouliot, a prominent crypto analyst, said, “Is the real use-case of blockchain technology the elaboration of mechanisms to launder money via shady public financing schemes?” However, today’s reports appear to have appeased those fears.

Telegram was the talk of the industry when it raised $1.7 billion USD in 2018 in order to finance the project through two unique initial coin offerings (ICOs). However, these ICOs were highlight secretive, with investors having to sign non-disclosure agreements, and Telegram itself is yet to publicly confirm any details about TON. The purchase agreement stated that “buyers of grams may not offer, pledge, sell, swap, encumber or dispose of their tokens, directly and indirectly,” adding to the mystery surrounding the project.

>> Ethereum (ETH) Slumps to 3-Month Low on Renewed Pessimism

Despite these clauses, a secondary market quickly sprung up for sale of TON tokens even though the cryptocurrency was yet to be made public. This shadow market saw investors make returns as high as 400%, mostly due to the intense interest around the project. Initially sold for $0.37 USD, TON tokens were fetching prices of $2.00 USD in secondary sales. However, another clause in the ICO stated that Telegram must launch TON by October 31 or else refund its investors, so today’s reports are welcome news for all involved.

Telegram is a cloud-based messaging app, similar to WhatsApp in format but with supposedly higher encryption capabilities. The company was founded by self-exiled Russian entrepreneur Pavel Durov in 2013.

Featured Image: DepositPhotos © EdZbarzhyvetsky


China cryptocurrencyPrevious

Alibaba and Tencent all Set to Get First Chinese Government Cryptocurrency

cryptocurrency, cryptocurrency exchange, cryptocurrency mining, cryptocurrency list, cryptocurrency charts, cryptocurrency trading, cryptocurrency market, cryptocurrencies, crypto currency, cryptocurrency values, ryptocurrency definition, cryptocurrency news, cryptocurrency ranking, bitcoin, ethereumNext

3 Altcoins That Have Potential To Be The Next Ethereum Or Bitcoin

If You Liked This Article Click To Share




Source link

Continue reading
Reading time: 2 min
Written by: Priceflash
Page 1 of 161234»10...Last »

Exchange rates

1 BTC = 0.00000000 USD
1 BTC = 0.00000000 ETH
1 BTC = 0.00000000 XRP
1 BTC = 0.00000000 LTC
1 BTC = 0.00000000 BCH
1 BTC = 0.00000000 EOS
1 BTC = 0.00000000 XLM
1 BTC = 0.00000000 XMR

Ethereum

1 ETH = 0.00000000 USD
1 ETH = 0.00000000 BTC
1 ETH = 0.00000000 XRP
1 ETH = 0.00000000 LTC
1 ETH = 0.00000000 BCH
1 ETH = 0.00000000 EOS
1 ETH = 0.00000000 XLM

Recent Posts

  • Raidenbo Secures Leading Position Offering Innovative Trading Solutions
  • The First Crypto Currency Auto Finance Company in the U.S.
  • The TAO | A New Framework to Power the Web
  • Bitcoin is All Grown Up and the Future is Bright
  • California is Leading the Future of America’s Crypto Economy

Recent Comments

  • Tolarcek on Everything you need to know about mining
  • Tolarcek on Blockchain and technology
  • Tolarcek on Everything you need to know about mining
  • Tolarcek on Big traps of investing in cryptocurrency
  • Tolarcek on Everything you need to know about mining

Archives

  • December 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • September 2017
  • July 2017
  • June 2017
  • October 2016
  • September 2016

Categories

  • Bitcoin
  • Blog
  • Crypto
  • Ethereum
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org

Popular Posts

Everything you need to know about mining

Everything you need to know about mining

September 20, 2017
Big traps of investing in cryptocurrency

Big traps of investing in cryptocurrency

September 14, 2017
Blockchain and technology

Blockchain and technology

June 26, 2017

Categories

  • Bitcoin
  • Blog
  • Crypto
  • Ethereum
  • Uncategorized

Recent Posts

Raidenbo Secures Leading Position Offering Innovative Trading Solutions

Raidenbo Secures Leading Position Offering Innovative Trading Solutions

December 8, 2020
The First Crypto Currency Auto Finance Company in the U.S.

The First Crypto Currency Auto Finance Company in the U.S.

October 30, 2020

Tag cloud

art blog blueberry cat cooking decor diy fall fashion food gardens handcrafted home jewellery lavender lisbeth office soap table tattoo tips video visit

Search

Socialize with us

    DealsCryptoCoins is a blog about cryptocurrency, especially about Bitcoin. All you need to know about blockchain tech, crypto-trading, mining, and more.

    Popular Posts

    Everything you need to know about mining

    Everything you need to know about mining

    September 20, 2017
    Big traps of investing in cryptocurrency

    Big traps of investing in cryptocurrency

    September 14, 2017

    Bitcoin Video

    © 2019 copyright Priceflash Web Design