Tag: CoinHive

CoinHive is Closing its Doors Ahead of Upcoming Monero Hard Fork

The bear market of 2018 has caused a lot of problems for most cryptocurrency companies in the long run. As the value of Bitcoin and all altcoins, tokens, and assets is still incredibly low compared to the 2017 levels, some providers will have to close up shop. The latest one to announce such a turn of events is CoinHive. The popular crypto mining solution provider will suspend its services come …
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UNICEF Turns to Crypto Mining to Raise Funds for its Humanitarian Causes

Do you want to support UNICEF’s goal of making the world a better place for less fortunate kids? Turns out now you can, just by visiting a website and volunteering your computer’s processing power. UNICEF Australia has turned to crypto mining to fund its humanitarian causes, and it’s counting on support from the public. While there have been widespread cases of people’s computing power being used to mine cryptos, this initiative is different, …
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Malicious Crypto Mining Continues to Evolve and Evade Ad Blockers

Anyone who has kept an eye on the cryptocurrency industry will know that malicious crypto mining is becoming a very real problem. We are not just talking about cryptojacking here, but also the growing number of websites embedding Monero mining scripts with or without user consent. Even though ad blockers alleviate most of these concerns, it has become evident the problem is simply taking a different form. Malicious Cryptocurrency Mining …
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Argentinian Starbucks Rewards Site Mined Monero Using Visitors’ Computers

We have seen a lot of companies use browser-embedded mining scripts to piggyback on visitors’ user resources. In virtually every case, such scripts are used to mine Monero, a very popular altcoin with a strong focus on privacy and anonymity. One thing no one would have expected is how Starbucks has embarked on such an undertaking as well. Or more specifically, the company’s in-store WiFi provider has done so. It’s a …
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