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Showing posts with the label threat

Monero: something strange is going on

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CEO of Lunar Digital Assets, Han Yoon wrote an article, warning that Monero network possibly showing signs of an imminent attack. The main point is the strange increase in hashpower. Starting from January 1st, 2019 it"s constantly growing - from 322,7Mh/s up to 781 Mh/s (February 5th). It"s an enormous growth and, in fact, the hashpower was never that high since the April 5th, 2018 - the day when Cryptonight V8 algorithm was implemented during the Lithium Luna update. You can check the actual hashpower here. The whole situation doesn"t seem to be strange and dangerous now. But considering the fact that Monero is an ASIC-resistant coin, there"s less space for the explanation of such a strange behavior. Another fact - Monero ... Read more about " Monero: something strange is going on " on coinatory.com

Financial Stability Board Calls Cryptocurrency a Threat

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The Financial Stability Board (FSB), which advises the G20 on all matters related to finance, has concluded that cryptocurrency could potentially destabilize global finances. This conclusion comes via a recent FSB report titled “Crypto-asset markets: Potential channels for future financial stability implications.” A press release via Coin Desk reveals the details of this report: based on the limited size of the crypto-assets market, it currently doesn’t pose any material threat to global financial stability. However, the report also states ... Read more about " Financial Stability Board Calls Cryptocurrency a Threat " on coinatory.com

Darknet: the amount of hidden mining software offers increased in five times

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According to reliable information available to Group-IB Threat Intelligence, since the very beginning of the year, the number of hidden mining software offers in Darknet increased in five times. "The use of computer processing power or infrastructure for cryptocurrency mining without the consent or the knowledge of the owner remains, as before, a relatively popular way of enrichment, despite the smooth tendency to reduce the number of incidents associated with this type of fraud," the company emphasized. The company"s message says that ... Read more about " Darknet: the amount of hidden mining software offers increased in five times " on coinatory.com