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French Cops Trick Monero Cryptomining Botnet to Self-Destruct on 850,000 Computers

August 28, 2019 by CryptoCoinsNews

The Retadup malware which had been deployed on hundreds of thousands of computers around the world to secretly mine the Monero cryptocurrency and commit other illegal acts may finally be over. According to the BBC, the backend infrastructure of the Ret…

Categories cryptocoinsnews Tags bitcoin crime, Cryptocurrency News, cryptojacking, monero, news

Kaspersky Lab Says Cryptojacking Cases Have Risen 400% in 2018

December 17, 2018 by CryptoCoinsNews

Did you know there have been 13 million cryptojacking incidents in 2018? Russian cyber-security firm Kaspersky Lab has released data that cryptojacking cases have gone through the roof rising 400% this year alone. Crypto-crime has been one of the most …

Categories cryptocoinsnews Tags cryptojacking, cybercrime, Hacked, Kaspersky Lab, news

Make-A-Wish-Foundation Website Infected with Crypto Mining Malware

November 26, 2018 by CryptoCoinsNews

Cyber criminals seem to have reached a new low, as they have targeted the site of one of the most popular children’s foundations in the world and infected it with crypto mining malware. In a published report this week, researchers from security f…

Categories cryptocoinsnews Tags bitcoin crime, Citrix, cryptojacking, make a wish foundation, mining, news

‘WebCobra’: McAfee Spots Russian Malware Mining Monero and Zcash

November 14, 2018 by CryptoCoinsNews

Researchers at computer security firm McAfee Labs discovered a lethal new cryptojacking malware called “WebCobra,” which steals victims’ computing power to mine the cryptocurrencies Monero or Zcash secretly. The spike in cryptocurrenc…

Categories cryptocoinsnews Tags Bitcoin Security, cryptojacking, Cryptomining Malware, news

Malware Not Found: How Cryptojackers Use Sophisticated Methods to Avoid Detection

November 11, 2018 by CryptoCoinsNews

The obfuscation capabilities of cryptocurrency mining malware creators are increasingly getting more and more sophisticated, according to cybersecurity researchers at Trend Micro. This is evidenced by a new cryptocurrency mining malware that the resear…

Categories cryptocoinsnews Tags cryptojacking, mining, news, Trend Micro

Cryptojacking Attack Forces Canadian University to Shut Down Entire Network

November 6, 2018 by CryptoCoinsNews

St. Francis Xavier University in Nova Scotia, Canada has been targeted by cryptocurrency mining malware in a cyberattack that has forced the institution to shut down its entire network for the better part of a week as system administrators struggle to …

Categories cryptocoinsnews Tags bitcoin crime, canada, cryptojacking, mining, news, Nova Scotia, St Francis Xavier University

PSA: Hackers Are Using Fake Flash Updates to Hide Cryptocurrency Mining Malware

October 13, 2018 by CryptoCoinsNews

It has been discovered that fake Adobe Flash updates are being used to surreptitiously install cryptocurrency mining malware on computers and networks, creating severe losses in time, system performance, and power consumption for affected users. Crypto…

Categories cryptocoinsnews Tags Adobe, bitcoin crime, cryptojacking, mining, news

Google Bans Obfuscated Chrome Extensions to Cryptojackers’ Woe

October 3, 2018 by CryptoCoinsNews

Technology behemoth Google announced it will be taking crucial steps to ban any browser extensions that could potentially be targeting internet users’ digital assets. According to a recent press release, the company announced some of their upcoming pla…

Categories cryptocoinsnews Tags companies, cryptojacking, google, Google Chrome, news

Monero Launches Initiative to Combat Cryptocurrency Mining Malware

September 30, 2018 by CryptoCoinsNews

Earlier this week, the Monero (XMR) community announced the launch of a new website that aims to educate users on cleaning up crypto-jacking malware and ransomware. Easing Malware Victims’ Confusion and Frustration The ease of mining and privacy …

Categories cryptocoinsnews Tags Altcoin News, cryptojacking, Justin Ehrenhofer, monero, news

Cryptojacking Surged by 86% in the Second Quarter of 2018: McAfee Labs

September 26, 2018 by CryptoCoinsNews

The surge in the popularity of cryptocurrency mining malware that started in the last quarter of last year has continued unabated into the first half of 2018. According to McAfee Labs, cryptocurrency mining malware attacks increased by 86% in the secon…

Categories cryptocoinsnews Tags bitcoin crime, cryptojacking, news

Cryptojacking is up 459% in 2018, and it’s the NSA’s Fault

September 20, 2018 by CryptoCoinsNews

A report from the Cyber Threat Alliance (CTA) indicates a massive 459% increase in the rate of illegal cryptojacking, through which hackers hijack computer processing power to mine cryptocurrencies like bitcoin and monero. As CCN recently reported, the…

Categories cryptocoinsnews Tags Altcoin Mining, bitcoin crime, cryptojacking, eternalblue, mining, monero, news, NSA

Vigilante Botnet Infects Computers to Remove Cryptocurrency Malware

September 18, 2018 by CryptoCoinsNews

Botnets have become increasingly powerful over the last few years, to the point where the US Department of Homeland Security admitted that they couldn’t face the problem alone and needed help from the white hat community. Botnets consist of dozen…

Categories cryptocoinsnews Tags Bitcoin Security, botnet, cryptojacking, malware, news

Cryptojacking: Attackers Hijack Indian Government Websites to Mine Cryptocurrency

September 18, 2018 by CryptoCoinsNews

Hackers stole the processing power of several Indian government websites to mine cryptocurrencies, researchers found. Citizen portals such as that of the municipal administration of Andhra Pradesh (AP), Tirupati Municipal Corporation and Macherla munic…

Categories cryptocoinsnews Tags Altcoin Mining, cryptojacking, india, mining, news

Not a Ticket to Riches: Average Cryptojacking Website Makes Only $5.80 per Day

August 31, 2018 by CryptoCoinsNews

The amount of money that the average cryptojacker makes in a day places them squarely below the developed world’s poverty line. This came to the fore after a study conducted by researchers at Germany’s Braunschweig University of Technology revealed tha…

Categories cryptocoinsnews Tags bitcoin crime, Coinhive, cryptojacking, mining, news

Crypto Mining Attacks Up Nearly 1000% in First Half of 2018

August 31, 2018 by CryptoCoinsNews

Detected instances of cryptojacking – the unauthorized commandeering of computer resources to mine cryptocurrencies – went up nearly 1000% in the first six months of 2018. This is one of the insights presented in the Trend Micro midyear rou…

Categories cryptocoinsnews Tags bitcoin crime, Bitcoin Mining, cryptojacking, news, Trend Micro

1 in 3 U.K. Businesses Hit by Cryptojacking in July: Study

August 16, 2018 by CryptoCoinsNews

A new study published by Citrix has suggested that approximately 30 percent of businesses in the U.K. fell victim to cryptojacking attacks in July alone, as criminals continue to push malware that secretly uses the processing power of their computers t…

Categories cryptocoinsnews Tags Altcoin Mining, bitcoin crime, Citrix, Coinhive, cryptojacking, loapi, news

Monero Cryptomining Attack Affects Over 200,000 ISP-Grade Routers Globally

August 6, 2018 by CryptoCoinsNews

Four months after a security patch for MikroTik routers was released, some of the users of the devices who ignored fixing the vulnerability have now been turned into unwitting miners of Monero. Known as CVE-2018-14847 the security flaw in MikroTik rout…

Categories cryptocoinsnews Tags Bitcoin Scams, cryptojacking, MikroTik, news

Steam Shuts Down Game for Cryptomining Monero from Gamers

July 31, 2018 by CryptoCoinsNews

Valve Corporation, the company behind the gaming website Steam, suddenly pulled a game called Abstractism from its store. Customer complaints and the game’s performance metrics point to another instance of crypto jacking. Abstractism has been mar…

Categories cryptocoinsnews Tags Abstractism, Bitcoin Scams, cryptojacking, mining, news, Okalu Union, Steam, Valve

The Pirate Bay Is Using Visitors’ Computers to Mine Monero Again

July 9, 2018 by CryptoCoinsNews

The notorious torrent index site The Pirate Bay has resumed using users’ CPU to mine Monero (XMR) on their website. On July 4th, The Pirate Bay added a disclaimer at the bottom of their website which stated: “By entering TPB you agree to XMR being mine…

Categories cryptocoinsnews Tags Coinhive, cryptojacking, news, the pirate bay

Cybercriminals Are Moving from Ransomware to Cryptojacking: Kaspersky Lab

June 30, 2018 by CryptoCoinsNews

According to a report published by Kaspersky Lab, a global cybersecurity company, there has been a significant shift from ransomware-related attacks to crypto-mining malware. The report claims that this type of attack — known as cryptojacking &#8…

Categories cryptocoinsnews Tags bitcoin crime, cryptojacking, Kaspersky Lab, mining, news, WannaCry
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