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Russian Police Deny Covert Confiscation of 2 Billion Rubles, Mining Equipment

Russian Police Deny Covert Confiscation of 2 Billion Rubles, Mining Equipment March 18, 2019 by Jeff Fawkes On March 14th, 2019, police confiscated cryptocurrency mining equipment and “large amounts of cash” from Sadovod and Moscow trading centers in the city of Moscow, according to a TASS police informant’s anonymous news tip.

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Businesses Increasingly See Crypto Mining Attacks in Cloud Infrastructures

Cryptocurrency mining is reportedly one of the most observed objectives of hackers attacking businesses’ cloud infrastructures, according to a report by AT&T Cybersecurity on March 14.The cybersecurity wing of United States telecoms firm AT&T stated that organizations of all sizes continue to face major crypto mining attacks despite the

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Ethereum User Who Accidentally Paid $365,000 Fee Splits Loss With Mining Pool Sparkpool

Ethereum (ETH) mining pool Sparkpool confirmed it had come to an arrangement with a user who accidentally sent it over $300,000 in mining fees on March 11.The mix-up, which occurred on Feb. 19, involved an Ethereum user apparently confusing the fields required to send an ETH transaction.Three transactions broadcast

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Bitcoin Mining Revenue Begins Slow Recovery After 18-Month Lows, New Report Shows

Bitcoin (BTC) mining revenues have begun climbing after falling to their lowest levels in 18 months, statistics from cryptocurrency industry newsletter Diar confirmed Mar. 4.Capping a troubling year for miners, February saw revenue drop to amounts not seen since August 2017 — when Bitcoin was at the start of

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Hong Kong Entrepreneur Who ‘Made It Rain’ from High-Rise Arrested for Crypto Mining Fraud

A purported Bitcoin millionaire (BTC) who was previously involved in “making it rain cash” on the streets of Hong Kong, has reportedly been arrested for mining-related fraud, the South China Morning Post reports Thursday, Feb. 28.A 25-year old businessman named Wong Ching-kit and his 20-year-old colleague have purportedly been

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