Items tagged with monero

The effect cryptocurrency mining has had on the PC gaming industry, specifically the now sky-high cost of graphics cards, is profound. However, someday mining algorithms may change enough such that GPUs aren't the only non-specialized compute engines capable of processing cryptocurreny hash algorithms effectively, or at least aren't so dominant. That said, one fairly popular coin that's based on a CPU-optimized algorithm right now is called Monero. Monero or XMR utilizes the CryptoNight hashing algorithm (as do a few other altcoins). It also just so happens that AMD's Threadripper family of processors... Read more...
With Monero being relatively easy to mine compared to other cryptocurrencies, legitimate users and a bunch of nefarious users are working hard to mine the valuable digital currency. The value of Monero means that some of those nefarious users are rolling out massive botnets to shackle PCs into working for them.  Proofpoint says that it has been monitoring the Monero miner Smominru, which is using the EternalBlue Exploit. The company says that the way Smominru uses Windows Management Infrastructure is unusual among cryptocurrency mining malware. Proofpoint wrote, "The speed at which mining... Read more...
It appears that Google's DoubleClick ad network has become the latest target of relentless miners looking to make an extra buck with the Monero cryptocurrency. The revelation comes after TrendMicro observed that the number of active Coinhive miner detections tripled around January 24th. After doing some detective work, it was observed that the increase in traffic was coming from a total of five "malicious domains". Given the immense popularity of the DoubleClick network, it should come as no surprise that enterprising hackers would attempt to exploit it to reach a staggering number of users. In... Read more...
If you are a user of the popular Google Chrome extension "Archive Poster" you need to be aware that the extension has been misbehaving lately. Currently "Archive Poster" has over 105,000 users and has in recent weeks turned into an in-browser cryptocurrency miner. The extension isn't asking permission to hijack the CPU of user computers to mine Monero cryptocurrency. Monero has been the cryptocurrency that many nefarious users are choosing to mine with the stolen processing power of unsuspecting computer users. Facebook Messenger was attacked recently to mine Monero using Digimine malware. A report... Read more...
With the booming value of cryptocurrency, many hackers and nefarious actors are rolling out schemes to unwittingly trick regular web users into mining for them. The latest scheme to dupe people into mining cryptocurrency is taking advantage of Facebook Messenger via some slick malware.  The malware being distributed via Messenger is mining Monero, an alternative to the wildly valuable and volatile Bitcoin. Security researchers from Trend Micro are calling the malware Digmine and are saying that it could also help perpetrators to take over a Facebook account. The Digmine malware is disguised... Read more...
We know all too well about the dangers of cryptocurrency mining malware that can invade our PCs. We've also seen unscrupulous websites that run mining software in the background, sapping valuable resources. Now, it seems as though we need to be on the lookout for mining malware that can invade our smartphones. Kaspersky Lab warns that the malware, Tojan.AndroidOS.Loapi or "Loapi", is targeting the Android platform. The security firm warns that Loapi can be distributed via advertisement campaigns (which can cause redirects to malicious websites that download infected packages to your device). But... Read more...
There is strength in numbers, and that is part of what is driving an increase in cryptocurrency mining malware. The idea is to infect as many mobile devices as possible, and tap into the combined computing power to crunch numbers for profit. Unfortunately, this seems to be a trend (on both mobile and PC)—security outfit Trend Micro says it found apps with malicious cryptocurrency mining capabilities on Google Play. This is not the first time these kinds of apps have appeared in Google Play, and it probably will not be the last. What they have in common is that they use dynamic JavaScript loading... Read more...
It looks like another major hack has been perpetrated against a major company, this time the hack was of pay TV network Showtime's streaming platform, ShowtimeAnytime.com. The platform allows users with a subscription via a cable network to stream shows via a browser from anywhere. People with no TV subscription can also pay for the streaming service alone making it appealing to cord cutters. Word is that last week the ShowtimeAnytime platform was hacked and code created by Coin Hive that runs on JavaScript was inserted into the platform. Interestingly, this is the same Coin Hive code that was... Read more...
Cryptocurrency like Bitcoin and Ethereum are big business these days. While Bitcoin has received the lion’s share of the attention since its introduction in 2009, Ethereum is poised to overtake it in market cap in the near term. With all of the momentum in the cryptocurrency mining market — and the hardware that helps make it possible — it should come as no surprise that nefarious parties are looking to take advantage of unsuspecting users. Unfortunately, these bad actors are making use of the NSA’s leaked DoublePulsar trojan which is a particularly nasty piece of malware. It all starts with... Read more...
Set phasers to stun! New ransomware is making the rounds today, and it is adopting a Star Trek theme. Avast researcher Jakub Kroustek is credited with tracking down the Kirk ransomware, which wreaks havoc by encrypting your precious files and demanding payment to get those files back. Unlike other ransomware, which often demands payment in the form of Bitcoins, Kirk instead insists that you fork over Monero, a cryptocurrency that is based on the CryptoNote protocol. According to BleepingComputer, this is the first ransomware to be tied to Monero. “The problem is that [Monero] is only going to confuse... Read more...