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Category: Mining

CEO Of Vietnam-based Mining Company Absconds With $35 Million

CEO Of Vietnam-based Mining Company Absconds With $35 Million

mmAuthor Jeffrey McGovernPosted on August 5, 2018August 5, 2018Categories Controversy, Mining, NewsTags CEO, Crypto Mining, crypto rigs, Cryptocurrencies, cryptocurrency, mining, Sky Mining, vietnam

Vietnam-based mining company, Sky Mining, is hitting the news for the wrong reason. Local media reports say Sky Mining’s CEO allegedly absconded with over $35 million belonging to the company...

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Indie Game-disguised Crypto Mining Scam Uncovered On Steam

Indie Game-disguised Crypto Mining Scam Uncovered On Steam

mmAuthor David PenaPosted on August 4, 2018August 4, 2018Categories Bitcoin, Business, Controversy, Mining, NewsTags Abstractism, Bitcoin, BTC, Gamers, malware, mining, Mining Scam, phishing, SidAlpha, Steam, Valve

You are probably aware that gaming marketplace Steam has a parent company known as Valve. Well, Valve uncovered a nefarious indie game spreading cryptocurrency phishing malware to devices in the form...

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The Simple Tools Hackers Use To Steal Your Coins Will Shock You: Part 2

The Simple Tools Hackers Use To Steal Your Coins Will Shock You: Part 2

mmAuthor Jeffrey McGovernPosted on July 31, 2018July 31, 2018Categories Controversy, Education, Featured, Global, MiningTags BTC, cloning, Crypto, Cryptojacking, mining, phishing, Scam, wi-fi

This is a continuation piece on techniques hackers employ to steal cryptocurrencies from unsuspecting investors, traders,...

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This New Malware Could Potentially Jeopardize Your Crypto Mining

This New Malware Could Potentially Jeopardize Your Crypto Mining

mmAuthor David PenaPosted on July 30, 2018July 30, 2018Categories Featured, Global, Mining, NewsTags Crypto Mining, cryptocurrency, ico, malware, mining

Miners are always seeking more efficient ways of extracting enormous amounts of energy for the purpose of mining. Are you a cryptocurrency miner somewhere in the world? Well, there is a new sheriff...

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Pre-Consensus Mechanism Sparks Debate In Bitcoin Cash (BCH) Community

Pre-Consensus Mechanism Sparks Debate In Bitcoin Cash (BCH) Community

mmAuthor Jeffrey McGovernPosted on July 30, 2018July 30, 2018Categories Altсoins, Controversy, Global, Mining, NewsTags BCH, Bitcoin Cash, BTC, Coingeek, Crypto, Pre-Consensus

The idea of pre-consensus has sparked an online debate between Bitcoin Cash (BCH) developers and members of the community. This heated debate, which was reported by news.bitcoin.com, has had users of...

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Criminals Could Use Your Smart Fridge To Mine Bitcoin

Criminals Could Use Your Smart Fridge To Mine Bitcoin

mmAuthor Jeffrey McGovernPosted on July 10, 2018July 10, 2018Categories Altсoins, Bitcoin, Mining, News

As the popularity of cryptocurrency continues to grow, criminals are now coming up with new methods of putting malicious software on people’s TVs, handsets, and even smart fridges, to mine digital...

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Apple Outlaws Crypto Mining With iPhones

Apple Outlaws Crypto Mining With iPhones

mmAuthor David PenaPosted on June 27, 2018June 27, 2018Categories Bitcoin, Mining, News, Regulation

Much as cryptocurrency mining is a cool, engaging activity, you shouldn’t try it with your i-devices. Are you wondering why? Well, the reason is that US tech giant Apple has upgraded its developer...

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Massive Monero Mining Fraud

Massive Monero Mining Fraud

mmAuthor David PenaPosted on June 26, 2018June 26, 2018Categories Altсoins, Business, Controversy, Mining

The altcoin, Monero (XMR), mined fairly and associated with privacy, lost $175 million. Scammers and hijackers appear behind the theft. This discovery is due to the findings of a US cyber security researcher...

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Japanese Public Companies Are Increasingly Entering The Crypto Space

Japanese Public Companies Are Increasingly Entering The Crypto Space

mmAuthor Jeffrey McGovernPosted on June 22, 2018June 22, 2018Categories Altсoins, Bitcoin, Business, Economy, Mining, News

Publicly listed companies in Japan are joining the crypto space at a very high rate. A recent report showed that six fully listed companies were launching their own crypto exchanges. The same report...

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Prowli Malware Infected More Than 40,000 Crypto Mining Machines

Prowli Malware Infected More Than 40,000 Crypto Mining Machines

mmAuthor David PenaPosted on June 20, 2018June 20, 2018Categories Altсoins, Business, Controversy, Mining, News

On June 6th, 2018, the GuardiCore security team discovered a malicious traffic manipulation and also a crypto mining campaign. This manipulated campaign affected more than 40,000 machines from different...

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