web

Sophisticated Mining Botnet Identified After 2 Years

Cybersecurity firm, Guardicore Labs, revealed the identification of a malicious crypto-mining botnet that has been operating for nearly two years on April 1.The threat actor, dubbed ‘Vollgar’ based on its mining of the little-known altcoin, Vollar (VSD), targets Windows machines running MS-SQL servers — of which Guardicore estimates there are just 500,000 in existence worldwide.However, despite their scarcity, MS-SQL servers offer sizable processing power in addition to typically storing valuable information such as usernames, passwords, and credit card details.Sophisticated crypto-mining malware network identifiedOnce a server is infected, Vollgar “diligently and

Crypto Community Largely Approves of Binance Acquiring CoinMarketCap

Despite markets all over the world facing ever-worsening economic troubles amid the ongoing coronavirus pandemic, it seems as though the crypto industry has been able to weather the storm, at least thus far. In this regard, Binance — the world’s largest cryptocurrency exchange — has recently reached an agreement to acquire CoinMarketCap, one of the most prominent crypto data websites.The official announcement was made by both companies on April 2, with Binance CEO Changpeng Zhao telling Cointelegraph that CMC and Binance have from the very start been working to make

Talking Digital Future: Smart Cities

My journey into smart cities and their future development was a really big surprise, as the way I arrived there was not something that I had planned. I was working as the chief information officer for a company in Northern California called O'Reilly Media when I got a call from a headhunter who asked if I would consider being the chief information office for the City of Palo Alto. I can vividly remember — it was only about eight years ago — my feeling when she asked the question. The

Google Chrome Leads the Pack, but Privacy-Oriented Browsers Gain Traction

In recent months, big-name players like Google and Apple have been going the extra mile to showcase their privacy features to the world. However, as most people are now aware, these multinational companies have business models that are centered around collecting and aggregating the data of their customers. In this regard, growing interest in privacy-first browsers like Brave clearly suggests a collective increase in internet users’ concern over how their personal information is being accumulated, stored and utilized on a day-to-day basis.Individuals all over the globe have become so accustomed to

New Tron Partnership Lets Gamers Earn Crypto for Streaming

Refereum, a blockchain-based platform that rewards users for video game engagement and streaming, has partnered with Tron. The collaboration allows Refereum to pay out its video game streaming users in Tron’s TRX coin, and BitTorrent’s BTT token, said an April 2 statement provided to Cointelegraph.  Partnerships, more partnerships, and purchasesTron bought software company, BitTorrent Inc, in 2018. BitTorrent also utilizes an associated crypto asset called BTT, which is built on Tron’s blockchain. Refereum teamed up with DLive, a blockchain streaming service, near the end of 2019, giving video game live streamers reward-collecting

Beware! Scammers Are Out for Crypto Amid the Coronavirus Pandemic

As the world continues to battle with the deadly coronavirus pandemic, immoral cybercriminals are once again on the prowl. This time, they are using the chaos and fear through phishing techniques and sophisticated malware hacks to access people’s crypto holdings.On March 27, residents in the United Kingdom received warnings from their local councils “to be on their guard against a series of scams attempting to take advantage of the coronavirus outbreak.” Scammers have been using other tricks to lure victims, including the use of false Bitcoin (BTC) donation channels, fake

New Report links Satoshi Nakamoto with the Monero Whitepaper

The identity of Bitcoin creator (or creators) Satoshi Nakamoto is still one of the most highly debated questions in the crypto space today. However, a new research report is suggesting that the creator also developed another prominent digital asset. According to new research by Monero Outreach, the privacy-focused digital asset may also be the creator of Bitcoin. Using Monero to “Fix” BitcoinMonero was developed in 2014 as a means of addressing some of the privacy issues that Bitcoin had at the time. Up till today, the asset remains one of the most private digital

Brave Browser Gains 1M New Users in a Single Month

Open-source internet browser, Brave, tallied more than one million new users in March alone, a tweet from Brave’s head of marketing, Des Martin, detailed on April 1. Isolation has increased web trafficWith much of the world limiting their exposure to the coronavirus through self-imposed quarantine, web usership has undoubtedly increased.As a result, various internet-based services have hosted significantly greater demand for activities such as web browsing, gaming, and shopping, a March 20 Bloomberg article stated.  Brave sees increased attentionSome of this attention has been funneled toward Brave, as evidenced by its spike