Trend Micro claims to have detected a web address spreading a botnet featuring a monero mining component alongside a backdoor. Cybersecurity company Trend Micro claims to have detected a web address spreading a botnet featuring a monero (XMR) mining component alongside a backdoor. The malware was described on Trend Micro’s official blog on June 13. […]
Continue Reading
Digital asset cybersecurity startup Fireblocks announced its launch out of stealth mode with $16 million in funding. Digital asset cybersecurity startup Fireblocks announced its launch out of stealth mode with $16 million in funding, according to a press release shared with Cointelegraph on June 11. Per the release, Fireblocks obtained the capital during its Series […]
Continue Reading
Cybersecurity firm Trend Micro has confirmed that attackers have been exploiting a vulnerability in the Oracle WebLogic server to install XMR mining malware. Cybersecurity firm Trend Micro has confirmed that attackers have been exploiting a vulnerability in the Oracle WebLogic server to install monero (XMR) mining malware, while using certificate files as an obfuscation trick. […]
Continue Reading
The Utility Settlement Coin (USC) project has the potential to disrupt the banking sector with crypto payments. On June 3, the Utility Settlement Coin (USC) project, one of the most ambitious crypto-based initiatives in mainstream finance, announced that it had taken the next step in its progression: the creation of a new company called Fnality […]
Continue Reading
sponsored Crypto platform says it is developing a “modern alternative to bitcoin” without scalability issues. Crypto platform ILCoin says it is developing a “modern alternative to bitcoin” without scalability issues by using “pioneering technology” called command chain protocol (C2P). The protocol of C2P, created by ILCoin, is supposed to solve the main problem of the […]
Continue Reading
Crypto lobbying is growing, but it’s being led by “noncrypto” companies. Crypto is on the march, and not just in terms of market price. Not only does data indicate that the number of ID-verified users of cryptocurrency doubled over 2018, but there are various other metrics that suggest that adoption is gaining traction. As many as 84% […]
Continue Reading
Prof. Stuart Madnick has stated that blockchain technology is not as secure as many purport it to be. A professor at the Massachusetts Institute of Technology (MIT) says that blockchains are not as secure as they are purported to be in an editorial in the Wall Street Journal (WSJ) on June 6. Stuart Madnick — […]
Continue Reading
Funds worth an estimated $13 million were successfully shielded from attackers after Komodo reacted to a security vulnerability. Crypto wallet provider Komodo effectively hacked itself to prevent fraudsters from accessing its users’ funds, the company confirmed in a blog post on June 5. Security researchers had alerted the company to a vulnerability in its Agama wallet. Realizing […]
Continue Reading
Cybersecurity firm Trend Micro has detected a major uptick in monero cryptojacking malware targeting China-based systems this spring. Cybersecurity firm Trend Micro has detected a major uptick in monero (XMR) cryptojacking malware targeting China-based systems this spring. The news was revealed in an official Trend Micro announcement on June 5. As previously reported, cryptojacking is […]
Continue Reading
A malware dubbed BlackSquid infects web servers by employing eight different security exploits and installs mining software. Cybersecurity firm Trend Micro announced that it found a malware dubbed BlackSquid that infects web servers employing eight different security exploits and installs mining software. The findings were announced in a blog post published on June 3. Per […]
Continue Reading