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Hackers Use Malicious Code in WAV Audio Files To Mine Cryptocurrencies

Threat researchers have discovered malicious code in WAV audio files, code that hackers use to mine cryptocurrencies.Hackers earn thousand of dollars per monthOn Oct. 16, researchers at BlackBerry Cylance, a software company that develops anti-virus programs, reported the discovery of malicious code hidden within WAV audio files. This type

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Singaporean Man Stole Identities and Cloud Computing Power to Mine Cryptocurrencies

The US Justice Department has indicted a Singaporean man for impersonating various business personalities, faking the identity of video game developers and exploiting Google Cloud and Amazon Web Services (AWS) in order to mine cryptocurrencies including Bitcoin(BTC)trade, Litecoin (LTC)trade and Ethereum (ETH)trade.It is not the first time that crypto fraudsters

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Study: About Third of Cryptocurrencies Did Not Develop at All in 2019

CoinCodeCap, a digital currency blog, recently compiled an analysis of different cryptocurrencies after monitoring their development in 2019. The study consisted of checking the growth of over 2,000 digital currencies, and attempted to find out how many of them have made no significant development.Publicly available data on all cryptocurrencies currently

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South Korea: Cryptocurrencies not considered financial asset

Cryptocurrencies, including the most popular and longest running Bitcoin, are neither legal tender nor a financial product as they are “not cash nor an equity instrument of another entity,” according to the latest decision by an international interpretative body of accounting practices.The decision on the much-disputed digital currencies, which will

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