The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. In 2017, Bitcoin (BTC) was being projected as an alternative to gold. Many believed that with its unique properties, the leading digital currency would replace the precious metal as a preferred choice of investment when the markets enter a risky environment. However, during the recent drop in the stock markets, cryptocurrencies were also …

Researchers have identified cryptojacking malware that conceals itself behind a fake Adobe Flash update. The finding has been revealed in a cyber threat report published by Unit 42 research group on Oct. 11. Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. According to new research released by Unit 42, Palo Alto Networks' threat intelligence team, the malware strain surreptitiously compels computers to mine Monero (XMR) by installing an “XMRig cryptocurrency miner.” The new malware is said to be particularly harmful, as the developers have copied the pop-up notification …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. After a period of relatively calm trading activity, this week has seen a number of adverse news for the crypto markets. The International Monetary Fund (IMF) is wary of the growth in digital currencies’ prices and popularity. In its latest World Economic Outlook report, it has warned that rapid expansion of a new …

The highest number of recorded incidents of Coinhive cryptojacking software have taken place in Brazil, Iran’s country’s cybersecurity authority revealed in a report Monday, October 8. According to the Iranian authority’s report on malware in 2017, Brazil, the country with the most reported cases, has been hit over 81,000 times by Coinhive. India came in second with around 29,000, followed by Indonesia with more than 23,000, while Iran scored about 11,000. Coinhive, the cryptocurrency mining software which mines Monero (XMR), provides an Application Programming Interface (API) to developers, which then lets the developer use a website visitors’ CPU resources to …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The total trade volume of the crypto market has plummeted. This shows that the current owners are not willing to sell at the current prices. At the same time, the potential investors who are sitting on the sidelines don’t believe that it’s the right time to jump in. This state of equilibrium is …

Much noise has been made about the untraceable qualities of Bitcoin and other cryptocurrencies. Bitcoin "can be used to buy merchandise anonymously" said early primers on crypto, it offers users the kind of financial privacy that was previously available only from a "Swiss bank account," say more recent commentators. And given its ability to provide people with a layer of anonymity and privacy, it has been smeared by politicians, experts and mainstream journalists alike as a hiding place for almost any hacker, drug dealer, gang member, terrorist or despot you could possibly name (even if cash is still the preferred …

A recent report by security company Banbreach has found that in the past month, the number of routers compromised by cryptojacking software in India has doubled. The report indicates that hackers have cracked over 30,000 routers within the country, Hard Fork reported Oct. 5. Banbreach managed to track Internet traffic and detect all devices on the Internet with public IP addresses, which made it possible to examine traffic passing through routers. In the course of its research, Banbreach grouped populated areas of India into three categories from most to least dense. According to the report, 45 percent of the infected …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. 2017 was about large range days and superlative returns in cryptocurrencies. 2018 is about a crushing bear market and a sharp drop in volatility. Bitcoin’s volatility is at year-to-date lows and most altcoins have followed suit. While flat markets are despised by speculative traders, it is a good time to make an investment for …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Investment firm Tiger Global is “finishing negotiations” to buy a stake worth about $500 million in one of the largest U.S. crypto companies Coinbase, at a reported valuation of around $8 billion. Tiger is a reputed firm led by savvy investors, hence this investment might grab the attention of other hedge funds, some …

Bitcoin (BTC) stemmed losses compared to many major altcoins Wednesday, October 3, as news hit of crypto exchange Coinbase’s reported $8 billion valuation. Market visualization by Coin360 Data from Cointelegraph’s price tracker and Coin360 shows Bitcoin proving a safe haven against all but one of the top ten crypto assets, losing around 1.6 percent in the 24 hours to press time. BTC/USD had grown over the past week to hit $6,783, before a correction saw prices return to match their position on September 27, trading now at around $6,478 by press time. Bitcoin 7-day price chart. Source: Cointelegraph Bitcoin Price …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Discussions on blockchain and cryptocurrencies have entered the United Nation’s General Assembly. In his recent address, Malta’s Prime Minister Joseph Muscat has said that cryptocurrencies and blockchain can solve several problems and will become the money of the future. This year, Malta has positioned itself as the “blockchain island,” introducing favorable regulations for the …

2017 was a big year for cryptojacking. It increased by 8,500 percent, according to figures published by Symantec in March. And it would seem that 2018 has so far been an even bigger year for mining malware, as the Cyber Threat Alliance September report revealed that, beginning on Jan. 1, cryptojacking still had room to increase by a further 500 percent. However, beneath this simple outline of growth, there is a bigger, more complicated picture. Despite reports from some quarters showing that mining malware detections increased in the first two quarters of 2018, other reports suggest that they have in …