This Cryptomining Malware Launches Linux VMs On Windows and macOS

Cybersecurity researchers from at least two firms today unveiled details of a new strain of malware that targets Windows and macOS systems with a Linux-based cryptocurrency mining malware.

It may sound strange, but it’s true.

Dubbed “LoudMiner” and a… Continue reading This Cryptomining Malware Launches Linux VMs On Windows and macOS

Suspected ‘Big Bitcoin Heist’ Mastermind Fled to Sweden On Icelandic PM’s Plane

Remember the “Big bitcoin heist” we reported last month when a group of thieves stole around 600 powerful bitcoin mining devices from Icelandic data centers?

Icelandic Police had arrested 11 suspects as part of the investigation, one of which has esca… Continue reading Suspected ‘Big Bitcoin Heist’ Mastermind Fled to Sweden On Icelandic PM’s Plane

600 Powerful Bitcoin-Mining Computers Worth $2 Million Stolen In Iceland

Around 600 powerful devices specifically designed for mining bitcoin and other cryptocurrencies have been stolen from Icelandic data centers in what has been dubbed the “Big Bitcoin Heist.”

To make a profit, so far criminals have hacked cryptocurrency… Continue reading 600 Powerful Bitcoin-Mining Computers Worth $2 Million Stolen In Iceland

CowerSnail — Windows Backdoor from the Creators of SambaCry Linux Malware

Last month, we reported about a group of hackers exploiting SambaCry—a 7-year-old critical remote code execution vulnerability in Samba networking software—to hack Linux computers and install malware to mine cryptocurrencies.

The same group of hackers is now targeting Windows machines with a new backdoor, which is a QT-based re-compiled version of the same malware used to target Linux.

Continue reading CowerSnail — Windows Backdoor from the Creators of SambaCry Linux Malware

Creator of Bitcoin Mining Schemes faces $12 Million for Ponzi Scam

Every time a new topic trends on the Internet, scammers take advantage of it.

You must have heard of Bitcoin and how in recent days it has made some early investors millionaire overnight.

Yes, the Bitcoin boom is back, and it’s real — a digital currency that has just crossed a new milestone today. The current price of 1 BTC or 1 Bitcoin = US$2,850.

An American con man took advantage of this

Continue reading Creator of Bitcoin Mining Schemes faces $12 Million for Ponzi Scam

DDoSCoin — New Crypto-Currency Pays Users for Participating in DDoS Attacks

It’s 2016, and now, you can earn some dollars by contributing into well-organized DDoS attack scheme.

Do you know while mining Bitcoins you are actually contributing a significant computational power to keep the Bitcoin network running?

In Bitcoins, the miners actually build and maintain massive public ledger containing a record of every Bitcoin transaction in history.

When one user tries

Continue reading DDoSCoin — New Crypto-Currency Pays Users for Participating in DDoS Attacks

Bitcoin Exchange Offers $3.5 Million Reward for Information of Stolen Bitcoins

Hong Kong-based Bitcoin exchange ‘Bitfinex’ that lost around $72 Million worth of its customers’ Bitcoins last week is now offering a reward of $3.5 Million to anyone who can provide information that leads to the recovery of the stolen Bitcoins.

Bitfinex revealed on August 2 that the cryptocurrency exchange had suffered a major security breach, which resulted in the loss of nearly 120,000 BTC

Continue reading Bitcoin Exchange Offers $3.5 Million Reward for Information of Stolen Bitcoins