The Pirate Bay Is Again Using Users’ CPUs to Mine XMR

The Pirate Bay is again taking over its users’ CPUs in order to mine the Monero (XMR) cryptocurrency to generate additional revenue. Unlike previous times, the site now displays a notification on the matter for users to know what is going on with their systems. Also Read: The Daily: Bitmain Valued at $12 Billion, New … Read more

Syscoin Hack Disrupts Binance Prompting Temporary Shutdown

Syscoin has been hit by an unusual hack that has manipulated the coin’s total supply. The attackers then sent the fraudulently generated coins to Binance and sold them, pushing the price of 1 SYS to as high as 96 BTC. The BTC they received was then withdrawn, prompting Binance to temporarily cease trading and to … Read more

Cryptojacking Rises as Ransomware Declines, Cyber Security Researchers Find

Two of the leading international cyber security firms, one from Russia and one from the USA, have both published their finds at the end of June showing an increase in the malware threats market share of cryptojacking at the expense of ransomware. Also Read: Police Forces Seize Over €4.5M in Crypto From Darknet LSD Market … Read more

Cryptojacking Is Still a Booming Business, McAfee Labs Report Confirms

Developers of malicious software have shown a great aptitude for cryptocurrency integration. This has become painfully obvious due to the recent malware and ransomware trend. In this day and age, most criminals are interested in cryptojacking, which still remains a very profitable venture. A new McAfee security report shows how quickly this industry is growing. … Read more