Tag Archives: Monero

[ad_2][ad_1] Sign up for our daily cybersecurity briefing for free today. SmartBrief on Cybersecurity recently covered an intriguing story: A group of hackers announced they are switching to Monero, a form of cryptocurrency that may be impossible to track. No longer satisfied with stealing from ordinary people at random, the …

[ad_2][ad_1] Cell phone maker giant HTC will allow users to mine Monero (XMR) cryptocurrency through its blockchain phone, Exodus, according to an announcement made on April 10. The announcement said that thanks to its partnership with ASIC chip design company Midas Labs, the Taiwanese company would be able to mine …

[ad_2][ad_1] (Photo illustration by Alvin Chan / SOPA Images / LightRocket via Getty Images) LightRocket via Getty Images HTC, the mobile phone maker that has shown special interest in applying blockchain technology to mobile phones, has now decided to enter the mining realm. HTC Exodus, its flagship blockchain phone, has …

[ad_2][ad_1] A cryptocurrency project is using Monero (XMR) to give undocumented immigrants a better chance for fair treatment in the US justice system. The Bail Bloc project collects cryptocurrency to help people get out of pretrial incarceration for cases with Immigration and US Customs Enforcement (ICE). Unlike conventional charities, Bail …

[ad_2][ad_1] An engineer from Baidu, the Chinese equivalent of Google, was jailed for mining Monero on about 200 of the company’s servers. According to a March 16 report by local media Abacus News, the employee eventually sold the Monero for about 100,000 yuan ($ 14,300). Large-scale crypto-jacking The senior engineer, …

[ad_2][ad_1] Unlike BTC and BCH, privacy coins like Monero don’t pretend to try to follow Satoshi’s vision of a global peer-to-peer cash system. In 2019, the Monero Outreach team released a statement saying, “Bitcoin and similar clear coins represent a huge step back from what the open society has offered …

[ad_2][ad_1] North Korea is stepping up mining for privacy as the regime continues its efforts to circumvent sanctions. US cybersecurity firm Recorded Future said on Sunday in a report that network traffic for monero mining (XMR) that had originated from North Korean IP ranges has increased “at least tenfold” since …

[ad_2][ad_1] A group specializing in hijacking the power of victims’ computers to mine monero is back with new tools to attack companies based in the United States and Europe. Japanese cybersecurity firm Trend Micro reported Monday that the group, known as Outlaw, has begun infiltrating Linux-based enterprise systems to hijack …

[ad_2][ad_1] A Japanese court asked a man who infected website visitors with cryptocurrency mining malware to face justice after acquitting him. As reported by the local newspaper The Mainichi on February 7, the Tokyo High Court overturned an earlier sentence that had cleared the man, who had not been named, …

[ad_2][ad_1] The Monero Network (XMR) has been successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant. On November 30, the Monero Community Working Group did a live stream on YouTube where the update took place at approximately 58 minutes. The new update also introduced the Proof …