Crypto News 

What you should know about North Korea’s new favorite cryptocurrency

“North Korea appears to have taken a liking to monero, the world’s 13th largest cryptocurrency by value” writes unknown author for cnbc.com. Earlier this week, cybersecurity researchers at U.S. firm AlienVault found evidence of a malicious piece of software that infected computers to mine monero and send it back to North Korea. Mining is the process of solving complex mathematical equations in order to verify a transaction using cryptocurrency; the miner gets rewarded in that cryptocurrency. Source: cnbc.com Share This:

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Crypto News 

Hackers have found a way to mine cryptocurrency and send it to North Korea

“However, AlienVault said it had not identified anything linking the latest monero mining scheme to this group or to any other North Korean group” writes Arjun Kharpal for cnbc.com. There have been other instances of North Korean attackers mining monero.Researchers have discovered a piece of software that installs on a victim’s computer, mines a cryptocurrency called monero, and sends it to North Korea.A group called Andariel took over a server at a South Korean company last year and used it to mine the cryptocurrency. Source: cnbc.com Share This:

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Crypto News 

Criminal underworld drops bitcoin in favor of monero

“On Dec. 18, hackers attacked up to 190,000 WordPress sites per hour to get them to produce monero, according to security company Wordfence” writes Olga Kharif for seattletimes.com. Say, for example, a coffee shop in Berkeley, California, is known to have a certain bitcoin address, and a wallet used by an extortionist transfers the same amount there every morning at 9 a.m.Privacy coins such as monero, designed to avoid tracking, have climbed faster over the past two months as law enforcers adopt software tools to monitor people using bitcoin.Privacy coins…

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Crypto News 

North Korean Hackers Hijacking Computers To Mine For Cryptocurrencies

“The tactic of hijacking computers to mine for cryptocurrencies is not limited to North Korean hackers” reports ibtimes.com. While the cryptocurrency trend kicks into high gear for legitimate purposes, North Korean hackers are also capitalizing on the digital tokens by hijacking computers to mine for cryptocurrencies, according to Bloomberg.The North Korean hackers appear to prefer to operate in Monero, which has proved to be easier to hide and use to launder funds than other cryptocurrencies like Bitcoin.The alleged attacks on the cryptocurrency exchanges are just some of the cyber crimes…

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Crypto News 

Criminal Underworld Is Dropping Bitcoin for Another Currency

“On Dec. 18 hackers attacked up to 190,000 WordPress sites per hour to get them to produce monero, according to security company Wordfence” writes Olga Kharif for bloomberg.com. Bitcoin is losing its luster with some of its earliest and most avid fans — criminals — giving rise to a new breed of virtual currency.Say, for example, a coffee shop in Berkeley is known to have a certain bitcoin address, and a wallet used by an extortionist transfers the same amount there every morning at 9 a.m.Its main competitor, Zcash —…

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News 

Mariah Carey, G-Eazy, and Motorhead Now Accept Monero for Music Merchandise

“The privacy-focused digital currency revealed Tuesday that it is providing a new online shopping initiative, enabling music fans to purchase merchandise from 45 artists, including Mariah Carey, Motorhead, G-Eazy, Fall Out Boy, and Toby Keith” writes unknown author for cryptocoinsnews.com. The news signals a significant moment for the ninth-placed digital currency. Source: cryptocoinsnews.com Share This:

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Crypto Markets News 

Binance Adds BTC and ETH Markets for Monero Trading

“With these new trading markets open, it will b interesting to see if Monero gains traction on Binance” writes Jp Buntinx for livebitcoinnews.com. As one would expect, there are now two trading markets for XMR. One is for Bitcoin and the other is for Ethereum.There is always need for more trading markets for any cryptocurrency these days.It has to be said, Binance is quickly becoming a major cryptocurrency trading platform. Source: livebitcoinnews.com Share This:

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