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What Is Cryptomining?

Today, there are at least 1 million miners for Bitcoin alone. How is this all happening? What role is the miner playing? And how might this change the landscape of computing in the future?.....»»

Category: topSource:  techspotMay 3rd, 2021

FritzFrog botnet exploits Log4Shell, PwnKit vulnerabilities

The FritzFrog cryptomining botnet has new potential for growth: a recently analyzed variant of the bot is exploiting the Log4Shell (CVE-2021-44228) and PwnKit (CVE-2021-4034) vulnerabilities for lateral movement and privilege escalation. The FritzFro.....»»

Category: securitySource:  netsecurityRelated NewsFeb 1st, 2024

Linux devices are under attack by a never-before-seen worm

Based on Mirai malware, self-replicating NoaBot installs cryptomining app on infected devices. Enlarge (credit: Getty Images) For the past year, previously unknown self-replicating malware has been compromising Linux dev.....»»

Category: topSource:  arstechnicaRelated NewsJan 10th, 2024

Attackers abuse OAuth apps to initiate large-scale cryptomining and spam campaigns

Attackers are compromising high-privilege Microsoft accounts and abusing OAuth applications to launch a variety of financially-motivated attacks. Abusing OAuth applications OAuth is an open standard authentication protocol that uses tokens to grant a.....»»

Category: securitySource:  netsecurityRelated NewsDec 13th, 2023

Massive cryptomining rig discovered under Polish court’s floor, stealing power

Top law enforcement agency taps IT experts to calculate stolen energy costs. Enlarge (credit: Javier Zayas Photography | Moment) Police were called to dismantle a secret cryptomining rig winding throughout the floors and.....»»

Category: topSource:  arstechnicaRelated NewsNov 16th, 2023

Looney Tunables bug exploited for cryptojacking

Kinsing threat actors have been spotted exploiting the recently disclosed Looney Tunables (CVE-2023-4911) vulnerability to covertly install cryptomining software into cloud-native environments. Kinsing (aka Money Libra) is a threat actor group that h.....»»

Category: securitySource:  netsecurityRelated NewsNov 7th, 2023

Compromised Linux SSH servers engage in DDoS attacks, cryptomining

Poorly managed Linux SSH servers are getting compromised by unknown attackers and instructed to engage in DDoS attacks while simultaneously mining cryptocurrency in the background. The Tsunami DDoS bot Tsunami, also known as Kaiten, is a type of DDoS.....»»

Category: securitySource:  netsecurityRelated NewsJun 20th, 2023

Someone is roping Apache NiFi servers into a cryptomining botnet

If you’re running an Apache NiFi instance exposed on the internet and you have not secured access to it, the underlying host may already be covertly cryptomining on someone else’s behalf. The attack Indicators of the ongoing campaign were.....»»

Category: securitySource:  netsecurityRelated NewsMay 31st, 2023

After reaping the rewards, Nvidia turns its back on cryptocurrency

With cryptomining all but over, Nvidia shared a strong opinion on cryptocurrencies as a whole......»»

Category: topSource:  digitaltrendsRelated NewsMar 28th, 2023

This "Wi-Fi 7 cryptomining router" is just an elaborate scam

Someone's impersonating TP-Link, and trying to trick victims into buying a Wi-Fi router/cryptocurrency miner......»»

Category: topSource:  theglobeandmailRelated NewsMar 9th, 2023

Well-hidden Mac cryptomining malware found in pirate copies of Final Cut Pro; expect more [U]

Update: Apple has now commented on the findings – see the end of the piece. Cybersecurity company Jamf Threat Labs has found Mac cryptomining malware in pirate copies of Final Cut Pro. The firm says that the cryptojacking malware was particularly.....»»

Category: topSource:  pcmagRelated NewsFeb 23rd, 2023

Lacework releases composite alerts feature to help customers identify and remediate threats

Lacework has released composite alerts on the Lacework Polygraph Data Platform, to help customers detect compromised credentials, cloud ransomware, and cryptomining that would otherwise go unnoticed. By combining human intelligence with the automatic.....»»

Category: securitySource:  netsecurityRelated NewsFeb 23rd, 2023

Microsoft bans cryptomining in Azure

Microsoft Azure will only allow mining for crypto if written permission is granted by the company......»»

Category: topSource:  pcmagRelated NewsDec 15th, 2022

There"s been a huge growth in malicious cryptomining

Declining bitcoin prices and rising electricity prices make cryptojacking a major threat.....»»

Category: topSource:  pcmagRelated NewsNov 14th, 2022

Nvidia just changed its mind on a controversial cryptomining feature

It seems that Nvidia may have changed its mind about allowing cryptomining on RTX 30-series graphics cards......»»

Category: topSource:  digitaltrendsRelated NewsOct 14th, 2022

Sysdig incorporates machine learning to detect cryptojacking attempts 

Sysdig announces the launch of an AI-powered solution designed to address cryptojacking and cryptomining attempts. Sysdig announces the launch of an AI-powered solution designed to address cryptojacking and cryptomining attempts.Read More.....»»

Category: topSource:  venturebeatRelated NewsAug 11th, 2022

SMIC 7nm technology reportedly found in ASIC chips for cryptomining

TechInsights has claimed that Semiconductor Manufacturing International (SMIC) uses 7nm process technology to manufacture the MinerVa Bitcoin Miner SoC. The China-based foundry is still banned from purchasing crucial equipment needed to make cutting-.....»»

Category: itSource:  digitimesRelated NewsJul 22nd, 2022

Cryptomining boom has people’s energy bills skyrocketing; feds mull new rules [Updated]

No major US cryptominers said they track energy use impacts on local residents. Enlarge (credit: Andriy Onufriyenko | Moment) This is not the summer that Americans want to deal with an unknown number of cryptocurrency firms un.....»»

Category: topSource:  arstechnicaRelated NewsJul 19th, 2022

Cryptomining boom has people’s energy bills skyrocketing; feds mull new rules

No major US cryptominers said they track energy use impacts on local residents. Enlarge (credit: Andriy Onufriyenko | Moment) This is not the summer that Americans want to deal with an unknown number of cryptocurrency firms un.....»»

Category: topSource:  arstechnicaRelated NewsJul 19th, 2022

Scammers are using a whole load of tricks to launch cryptomining scams

Victims are being tricked into believing they're earning millions in crypto......»»

Category: topSource:  informationweekRelated NewsMay 18th, 2022

Great news gamers – Cryptominers don"t care about GPUs anymore

Asus claims that demand for consumer GPUs for use in cryptomining is vanishing, leaving room for the market to recover......»»

Category: topSource:  theglobeandmailRelated NewsMay 13th, 2022