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34 min
Cryptocurrency Prices for the 20th of September: Bitcoin And Ethereum Is Relatively Stable

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices today According to the online platform

3 h
Bitcoin still currency of choice for cybercriminals: Europol Report

Europol, the premier law enforcement agency of the European Union, recently released a report, which shed light on the increasing number of crypto-related hacks, extortion of data and rampant malicious malware. The report, titled “Internet Organised Crime Threat Assessment 2018”, was published on Wednesday. One of the main topics discussed in the report was the use of cryptocurrencies by cybercriminals to fund their operations. “Currency exchangers, mining services and other wallet holders are facing hacking attempts as well as extortion of personal data and theft. Money launderers have evolved to use cryptocurrencies in their operations and are increasingly facilitated by new developments such as decentralized exchanges which allow exchanges without any Know Your Customer requirements,” the report stated. Crypto-jacking, which refers to crypto mining done by hijacking internet users’ bandwidth, was highlighted, with the report stating that it could “cripple a victims’ system by monopolizing their processing power.” On account of the increasing use of cryptocurrencies in illicit platforms such as the Darknet, the report emphasized that “cooperation between law enforcement agencies, private industry, the financial sector, and academia is a key element of this success.” The previous year saw three of the largest Darknet markets – AlphaBay, Hansa and RAMP – close down due to the actions of law enforcement agencies. There has been a noticeable migration from Bitcoin to Zcash and Monero as a method of financing these illegal activities. The main reason behind this migration is the enhanced privacy protection features in these altcoins. However, the report said that BTC is still “the primary cryptocurrency encountered by law enforcement.” Terror funding also remains a key concern for law enforcement agencies, since terror groups have been trying to raise funds through this means. “The use of cryptocurrency by terrorist groups has only involved low-level transactions, their main funding still stems from conventional banking and money remittance services”, stated the report. Instances of malicious crypto-mining attacks surged 956 percent surge from June last year to June 2018 this year. “Cryptomining malware is expected to become a regular, low-risk revenue stream for cybercriminals,” the report concluded. See also: Dark Web’s Silk Road Bitcoin Wallet valued at over $800 million activates after 4 years See also: Crypto-Terrorism: A not-so-distant possibility Image via Shutterstock Join our Telegram group

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4 h
Bitcoin [BTC], Monero [XMR], Ethereum [ETH] worth $8 million confiscated; Darknet vendor commits suicide

In a recent report, U.S District Court of Eastern California’s Fresno courthouse had recently wrapped up a criminal case. The federal courthouse had charged Alexandre Cazes from AlphaBay with money laundering, drug trafficking, and conspiracy on the darknet marketplace. AlphaBay is a hidden website which serves as a marketplace for illegal goods, users all around the world could purchase malware, […]

10 h
Litecoin, Stellar Lumens, Monero, Cardano, EOS Price Analysis: Altcoin Sellers Reinvigorated After Sep 18 Pull Backs

Altcoins sellers are full of vigor after finding selling opportunites as our Litecoin, Stellar Lumens, Monero, Cardano, EOS Price Analysis show.

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11 h
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 19

The crypto markets keep struggling amidst a similarly mixed outlook from the regulators – the industry still has a long way to go.

12 h
Cryptocurrency mining malware detections show massive rise in 2018: Report

The impact of cryptojacking malware is growing at a rapid rate and it is showing no signs of abating. This has been revealed in a report published by the Cyber Threat Alliance (CTA). The report points out to the sharp increase in cryptocurrency mining malware detections. Combined data from several CTA members shows a 459 percent increase in illicit cryptocurrency mining malware detections since 2017. The report writes in its preface: “Because this threat is relatively new, many people do not understand it, its potential significance, or what to do about it.” According to the report, there seem to be technical links between the ransomware and cryptojacking criminal communities. For example, ETERNAL BLUE was originally used in the WannaCry ransomware exploit. It has been now repurposed for a cryptojacking campaign called WannaMine. In addition, NotPetya’s use of Mimikatz has also been mimicked by recent cryptojacking campaigns. Even the recent Drupal vulnerability has already been weaponized for cryptojacking. The report goes on to add: “Combined threat intelligence from CTA members show that this rapid growth shows no signs of slowing down, even with the recent bearish trend in cryptocurrency market.”

Monero is the prime target for malicious actors

Illicit cryptocurrency mining operations have increased dramatically over the past year. Cryptocurrency mining malware grew from impacting 13 percent of all Fortinet customer companies in Q4 of 2017 to 28 percent of customer companies in Q1 of 2018, more than doubling its footprint. The report further highlights the fact that the clear majority of illicit cryptocurrency malware mines Monero (85 percent), followed by Bitcoin at 8 percent. All other cryptocurrencies make up the remaining 7 percent. Although Monero is significantly less valuable than Bitcoin, it is still the favorite choice for malicious actors. Monero provides these actors the privacy and anonymity which makes it difficult for investigators to track. See Also: What is cryptojacking? Almost 4 million computers fall victim in China India’s government websites fall prey to cryptojacking: research Image via Shutterstock Join our Telegram group

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14 h
Cryptocurrency mining malware detections spike up in 2018, report says

The impact of cryptojacking malware is growing at a rapid rate and it is showing no signs of abating. This has been revealed in a report published by the Cyber Threat Alliance (CTA). The report points out to the sharp increase in cryptocurrency mining malware detections. Combined data from several CTA members shows a 459 percent increase in illicit cryptocurrency mining malware detections since 2017. The report writes in its preface: “Because this threat is relatively new, many people do not understand it, its potential significance, or what to do about it.” According to the report, there seem to be technical links between the ransomware and cryptojacking criminal communities. For example, ETERNAL BLUE was originally used in the WannaCry ransomware exploit. It has been now repurposed for a cryptojacking campaign called WannaMine. In addition, NotPetya’s use of Mimikatz has also been mimicked by recent cryptojacking campaigns. Even the recent Drupal vulnerability has already been weaponized for cryptojacking. The report goes on to add: “Combined threat intelligence from CTA members show that this rapid growth shows no signs of slowing down, even with the recent bearish trend in cryptocurrency market.”

Monero is the prime target for malicious actors

Illicit cryptocurrency mining operations have increased dramatically over the past year. Cryptocurrency mining malware grew from impacting 13 percent of all Fortinet customer companies in Q4 of 2017 to 28 percent of customer companies in Q1 of 2018, more than doubling its footprint. The report further highlights the fact that the clear majority of illicit cryptocurrency malware mines Monero (85 percent), followed by Bitcoin at 8 percent. All other cryptocurrencies make up the remaining 7 percent. Although Monero is significantly less valuable than Bitcoin, it is still the favorite choice for malicious actors. Monero provides these actors the privacy and anonymity which makes it difficult for investigators to track. See Also: What is cryptojacking? Almost 4 million computers fall victim in China India’s government websites fall prey to cryptojacking: research Image via Shutterstock Join our Telegram group

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15 h
Europol: Bitcoin Remains Cybercriminals’ First Choice, But Privacy-Focused Alts Will Rise

A new cybercrime report from Europol predicts cybercriminals will increasingly turn to anonymity-focused altcoins such as Zcash (ZEC) and Monero (XMR).

18 h
XMR
Zcash vs Monero: Report Says ZEC ‘Much Stronger’ Than XMR

A new report argues the ZEC encryption method is far more secure than the one used by XMR. Round one for Zcash vs Monero?

20 h
Longs vs Shorts – BTC, BCH, ETH, IOTA, XMR Roundup for Week 40 of 2018

With a new week of cryptocurrency trading upon the community, it is always good to see what the future will hold in terms of short and long positions. Things have changed a bit compared to just over a week ago, although this current trend does not necessarily indicate how the week will play out. The …

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1 d
XMR
Monero (XMR) Price Analysis: Trends of September 19–25, 2018

The price continues its ranging within the territories of $150 and $102. Traders can look out to initiate a long trade at the lower level of price in case of the price fall to the lower level of the price range.

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Cryptocurrency Prices for the 19th of September: Bitcoin and Ethereum Are Recovering, Ripple Skyrockets

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices today According to the online platform

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Monero [XMR]’s Riccardo says that he chose Monero because it is not based on the Bitcoin code

On a recent episode of Whatbitcoindid, Riccardo Spagni, a core team member of Monero, spoke about the privacy aspect of Monero. The interview covered a wide range of topics which included the importance of privacy and the similarities between Bitcoin [BTC] and Monero [XMR]. Riccardo spoke about his decision to choose Monero. He stated that […]

1 d
Litecoin, Monero, Cardano, Stellar Lumens, EOS Price Analysis: Are Altcoins Preparing for Q3-4 2017 Volatility?

Altcoins prices are unstable and even if there Litecoin, Monero, Cardano, Stellar Lumens, EOS Price Analysis are upbeat, caution is key.

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1 d
Battle of the Privacycoins: Verge Offers Little Privacy and Nothing Unique

A look at why Verge cannot reasonably be considered a privacycoin on par with Monero, Zcash or even Bitcoin — if it can be considered a privacycoin in the first place.