Hacked Mining Firm NiceHash Has Paid Back 60 Percent of Stolen Bitcoin

Slovenian bitcoin mining marketplace NiceHash has announced that it has successfully reimbursed 60 percent of all funds stolen in last December’s hack, which saw 4,700 BTC worth approximately $65 million stolen from the firm. Seventh Reimbursement The news was announced in a post on its Twitter account, where it was revealed that the seventh reimbursement …

NY Crypto Miner Turns Old Hydroelectric Dam into Bitcoin Mining Farm

DPW Holdings Inc. will use power generated by the Valatie Falls, New York hydroelectric dam for a bitcoin mining farm that is expected to become operational in the fourth quarter. Valatie Falls Hydro LLC bought the 1-megawatt dam in March 2018 using debt financing from Digital Power Lending, a DPW subsidiary. DPW’s Super Crypto Mining …

Cybercriminals Are Moving from Ransomware to Cryptojacking: Kaspersky Lab

According to a report published by Kaspersky Lab, a global cybersecurity company, there has been a significant shift from ransomware-related attacks to crypto-mining malware. The report claims that this type of attack — known as cryptojacking — has become a more profitable prospect for hackers and is the reason for the decline in ransomware attacks. …

‘Netflix of Cryptocurrency Mining’ to Hold IPO on London Stock Exchange

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! A cryptocurrency mining startup is reportedly making a foray into becoming the first industry firm to be listed on the London Stock Exchange. Argo Blockchain, a mining-as-a-service provider, just announced it intends to sell shares of its common stock …

Monero Mining Malware Hits Apple Macs

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. A new Mac-based cryptojacking attack was reported this past week on Apple’s forums, forcing users to unwittingly run software that mines privacy coin monero. According to a Malwarebytes Labs blog post, the software was discovered when a user noticed that a process …

47% of South Africans Plan to Invest in Cryptocurrencies

Join our community of 10 000 traders on Hacked.com for just $39 per month. South Africa has the most sophisticated economy and financial sector on the continent, and its citizens are increasingly warming up to the idea of investing and trading in cryptocurrencies — despite regulatory concerns over such decentralised digital financial assets across the …

‘Big Bitcoin Heist’ Suspect Regrets Fleeing Iceland after Jailbreak

Join our community of 10 000 traders on Hacked.com for just $39 per month. Sindri Thor Stefansson, a 31-year-old man who escaped from prison in Iceland and was rearrested two weeks ago in the Netherlands, has expressed regret for the jailbreak and his decision to flee the country, where he was a suspect in a …

Manufacturer Holds Cryptonight ASIC Firesale after Monero Hard Forks

Join our community of 10 000 traders on Hacked.com for just $39 per month. Mining hardware manufacturers have begun selling Cryptonight ASIC miners for next to nothing after privacy-centric cryptocurrency Monero carried out its threat to adopt a hard fork to maintain ASIC resistance. Last week, Monero activated its semi-annual hard fork, an update that …

Ethereum Users Support Hard Fork to ‘Brick’ Ethereum ASIC Miners: Poll

Join our community of 10 000 traders on Hacked.com for just $39 per month. Ethereum users would support adopting a hard fork that renders Ethereum ASIC miners obsolete, a new poll shows. The poll, which was published on Twitter by Ethereum developer Vlad Zamfir, asked respondents whether they would support a hard fork that makes …

‘Crypto Hour’ To Draw Attention To Rising Crypto Power Consumption

Join our community of 10 000 traders on Hacked.com for just $39 per month. On March 24, 2018, at 20:30, the organizers of “Crypto Hour” will urge miners to turn off their mining equipment for one hour, according to Rambler.ru. A Russian environmental action group of experts in mining, cryptocurrency and lock band have organized …