Tag: mining

Cryptocurrency mining attacks using leaked NSA hacking tools are still highly active a year later

It’s been over a year since highly classified exploits built by the National Security Agency were stolen and published online. One of the tools, dubbed EternalBlue, can covertly break into almost any Windows machine around the world. It didn’t take long for hackers to start using the exploits to run

The collapse of ETH is inevitable

Jeremy Rubin Contributor Share on Twitter Jeremy Rubin is currently a technical advisor to Stellar, a Bitcoin Core Contributor, investor and advisor to early-stage crypto startups, starting a company for Bitcoin scalability and privacy solutions, and a freelance consultant for cryptocurrency tech fundamentals and due diligence. Previously, Jeremy also co-founded

What happens when hackers steal your SIM? You learn to keep your crypto offline

A year ago I felt a panic that still reverberates in me today. Hackers swapped my T-Mobile SIM card without my approval and methodically shut down access to most of my accounts and began reaching out to my Facebook friends asking to borrow crypto. Their social engineering tactics, to be

TMGcore is running high-efficiency crypto mines in Texas

Out on the plains of East Texas, not far from Dallas, a company called TMGcore is mining crypto. The company, funded to the tune of $70 million, will be mining multiple cryptocurrencies and is using some unique technology to ensure that it doesn’t eat up an entire city’s worth of

Outdated website software lets hackers mine cryptocurrencies at your expense

An outdated version of Drupal, a popular content management system, let hackers mine the cryptocurrency Monero on over 300 websites including the websites for the “San Diego Zoo and the government of Chihuahua, Mexico.” A report by Troy Mursch outlined how the hack worked and even showed how much processing

Meet the quantum blockchain that works like a time machine

A new – and theoretical – system for blockchain -based data storage could ensure that hackers will not be able to crack cryptocurrencies once we all enter the quantum era. The idea, proposed by researchers at the Victoria University of Wellington in New Zealand, would secure our crypto futures for

Ethereum falls after rumors of a powerful mining chip surface

Rumors of a new ASIC mining rig from Bitmain have driven Ethereum prices well below their one-week high of $585. An ASIC – or Application-specific integrated circuit – in the cryptocurrency world is a chip that designers create for the specific purpose of mining a single currency. Early Bitcoin ASICs,

Qarnot unveils a cryptocurrency heater for your home

French startup Qarnot unveiled a new computing heater specifically made for cryptocurrency mining. You’ve read that right, the QC1 is a heater for your home that features a passive computer inside. And this computer is optimized for mining. While most people use laptops, back in the golden days of computer

Samsung confirms it is making ASIC chips for cryptocurrency mining

Fresh from toppling Intel as the planet’s biggest seller of chipsets, Samsung has confirmed that it has begun manufacturing ASIC chips which are used to mine bitcoin, ether and other cryptocurrencies. “Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However we are unable to disclose further details