Category: Malware

Russia Prepares for Large-Scale Bitcoin Mining Operation Following Minery Launch

With digital currency gaining in popularity worldwide, additional mining operations and farms have started to appear despite looming bans on the practice. Understanding The Ban While many see bans on crypto mining as a hindrance to entrepreneurship and the crypto space, in actuality, it’s an effort to protect and enhance cities, states, and countries’ natural, historic, cultural, and electrical resources. Back in March, a moratorium was enacted in Plattsburgh, New York, the first …
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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 Crowd, 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 tech market research firm IDC, Fauscette, like countless others around the world, is no stranger …
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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 FacexWorm. As the name somewhat suggests, the malware in question is mainly distributed through Facebook …
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Cryptocurrency Malware Education: CryptoShuffler

Cryptocurrency users all over the world are prone targets for cybercriminals. While that is a scary thought, it is also the harsh reality we have to deal with. We have seen various types of malware, Trojans, and wallet stealers surface over the past few years. CryptoShuffler is a Trojan horse which may prove to be even more dangerous than anything else we have come across so far. CryptoShuffler is a Very Serious …
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