The Next Stage of Cryptojacking: How New Crime Evolves

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facebook live crimeCryptojacking is the secret use of your device’s resources to mine cryptocurrencies. There are several forms of cryptojacking, including in-browser mining, hacked apps, and background malware. Cryptojacking gained traction in September 2017, when Coinhive offered its JavaScript code as an alternative to regular advertising. The idea is simple – a website adds a special code to its page, and when people visit that website, their web browsers start to run the Coinhive code whose primary goal is to perform the mathematical calculations needed for mining cryptocurrencies. This process is resource-intensive and causes computers’ CPUs to spike and load to their maximum. Several big websites tried

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