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Cryptocurrency: Future Money or Unicorn of Century?

In Cryptocurrency, Finance by thetechverse.netLeave a Comment

Cryptocurrency is virtual currency or digital currency that is designed to be used as a medium of exchange to make secure transactions. It does not have any centralized control and there isn’t any regulatory authority as opposite of banks and electronic money. Its control works as a blockchain that is a distributed ledger. The technical system that is base of …

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TrickBot Malware Targeting Cryptocurrency Exchanges

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Malware is increasingly common and dangerous these days. Now, a TrickBot Variant is successfully hacking cryptocurrency exchanges and stealing Bitcoin. TrickBot malware surfaced in late 2016 and immediately took over the cyber world. Until now, TrickBot was thought to only be capable of stealing funds from financial entities such as blanks and blockchains. TrickBot was reportedly used primarily to make …

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Browsealoud Hacked: Used for Monero Mining

In Cryptocurrency, Cybersecurity by thetechverse.netLeave a Comment

Hackers were able to compromise a popular Browsealoud plugin to infect government websites with cryptocurrency mining malware. Cryptocurrency hit headlines in 2018 seeing most people become billionaires and especially bitcoin which had its value touch the sky. Cybercriminals and hackers took advantage of such making easy money but a payback is being experienced by unknown users. US and UK Government …

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Russian Engineers Caught In Bitcoin Mining Controversy

In Cryptocurrency, Cybersecurity by thetechverse.netLeave a Comment

Russia is home to one of the most powerful computer networks in the world. Local engineers were actually using the supercomputers to try Bitcoin mining. The Russian media reported that they had attempted several times to use these computers for illicit purposes. But the engineers were actually caught and detained because of that incident. Now a controversy has ensued because …