Monero Mining Malware Hits Apple Macs

A new Mac-based cryptojacking attack was reported this past week on Apple’s forums, forcing users to unwittingly run software that mines privacy coin monero. According to a Malwarebytes Labs blog post, the software was discovered when a user noticed that a process called “mshelper” consumed suspiciously-large amounts of CPU time. The user said that mshelper

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Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose Millions

A malicious miner successfully executed a double spend attack on the Bitcoin Gold network last week, making BTG at least the third altcoin to succumb to a network attack during that timespan. Bitcoin Gold director of communications Edward Iskra first warned users about the attack on May 18, explaining that a malicious miner was using

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Crypto Investment Manager Touts 3 Catalysts for Bitcoin Cash Bull Run

Cryptocurrency portfolio manager Brian Kelly has been touting Bitcoin Cash for weeks, and now he’s doubling down on his bullish call. Bitcoin Cash outperformed other leading digital currencies, the latter of which have taken it on the chin in recent weeks. The Bitcoin Cash price advanced 6% over the last month compared to declines of

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Privacy Coin Verge Succumbs to 51% Attack [Again]

Privacy-centric cryptocurrency Verge (XVG) appears to have succumbed to a 51 percent attack for the second time since the beginning of April. According to data published on BitcoinTalk by forum user ocminer — operator of altcoin mining pool Suprnova — an attacker appears to have successfully forked the Verge blockchain through a 51 percent attack.

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Japanese Cryptocurrency Monacoin Hit by Selfish Mining Attack

Between May 13th and 15th, Monacoin, a cryptocurrency developed in Japan, appears to have suffered from a network attack that caused roughly $90,000 in damages. The attack appears to have been a selfish mining attack, where one miner successfully mines a block on the blockchain but does not broadcast the new block to other miners.

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Bitcoin Mining Giant Bitmain Is Making a Major Pivot to AI

Bitmain is the world’s undisputed leader in cryptocurrency mining hardware manufacturing. Now, it wants to fill a similar role in the artificial intelligence (AI) field as well. Speaking in a rare interview, enigmatic Bitmain CEO Jihan Wu told Bloomberg that the company is channeling its expertise in developing application-specific integrated circuit (ASIC) chips toward a

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Declining GPU Sales to Cryptocurrency Miners ‘Healthy’: AMD CEO

GPU manufacturers Nvidia and AMD each enjoyed massive sales over the past year, partially thanks to miners who buy GPUs to mine cryptocurrencies. However, those sales are now declining. The demand for GPUs kept increasing as the value of cryptocurrencies went up throughout 2017. But after the market cap reached an all-time high of $830

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Secret ASICs, Hidden Farms, and Manufacturers Playing Dirty: the New State of Cryptocurrecy Mining

Proof of Work cryptocurrencies like bitcoin are facing struggles with the wave of ASIC mining hardware. Nakamoto envisioned a decentralized cryptocurrency mining consensus spread across a large pool. But of late it’s turned into a environment where two or three major players reap a large portion of mining profits. As a result, developers and communities are

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MMA Title Challenger Mei Yamaguchi Sponsored by Bitcoin Cash Fan Roger Ver

MMA fighter Mei Yamaguchi from Japan is set to fight Angela Lee for the Atomweight World Championship title at One Championship’s ‘Unstoppable Dreams’ in Singapore and, bitcoin cash promoter Roger Ver will be sponsoring her in that match. In a video announcing the sponsorship deal, Ver sat down with Yamaguchi to discuss MMA and cryptocurrencies.

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Zcash Foundation to Make ASIC Resistance ‘Immediate Technical Priority’

The Zcash Foundation has announced that it will make maintaining ASIC resistance an “immediate technical priority” in response to Chinese mining hardware manufacturer Bitmain’s claim that is has developed an application-specific integrated circuit (ASIC) miner that is compatible with the Equihash mining algorithm. In a statement penned by executive director Josh Cincinnati, the Zcash Foundation

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