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Attackers used Telegram to deliver cryptocurrency-mining malware
Kaspersky Lab says it spotted evidence of a vulnerability in the desktop version of Telegram that allowed attackers to install cryptocurrency mining malware on users' computers. The zero-day exploit was used to trick Telegram users into downloading malicious files, which could then be used to deliver cryptocurrency mining software and spyware. According to Kaspersky, those behind the exploit used the computers their malware had been installed on to mine digital currencies like Monero, Zcash, Fantomcoin and others. Kaspersky also says it found a stolen cache of Telegram data on one of the attackers' servers.
Cryptocurrency mining site hijacked millions of Android phones
Smartphone users are just as vulnerable to cryptocurrency mining hijacks as their PC counterparts, and sometimes on a dramatic scale. Malwarebytes has detailed a "drive-by" mining campaign that redirected millions of Android users to a website that hijacked their phone processors for mining Monero. While the exact trigger wasn't clear, researchers believed that infected apps with malicious ads would steer people toward the pages. And it wasn't subtle -- the site would claim that you were showing "suspicious" web activity and tell you that it was mining until you entered a captcha code to make it stop.
Government websites fall prey to cryptocurrency mining hijack
It's not just private companies' websites falling victim to cryptocurrency mining hijacks. Security consultant Scott Helme and the Register have discovered that intruders compromised over 4,200 sites with Coinhive's notorious Monero miner, many of them government websites from around the world. This includes the US court info system, the UK's National Health Service and Australian legislatures, among others. The intruders spread their JavaScript code by modifying an accessibility plugin for the blind, Texthelp's Browsealoud, to inject the miner wherever Browsealoud was in use.
UNICEF recruits gamers to mine cryptocurrency for Syrian kids
UNICEF has launched a new fund-raising project in the same vein as SETI@Home and Einstein@home, but with a cryptocurrency spin. In an effort to raise money for the children in war-torn Syria, the organization is asking gamers, eSports fans and anybody with powerful graphics cards in their computers for help in mining Ethereum. It's calling the new project "Game Chaingers," and joining it is as easy as going to its website, giving it a few details about your system so it can configure the mining software and installing that software to your PC.
Kodak slaps its name on a sketchy bitcoin-mining business
Kodak's attempt to ride the cryptocurrency wave isn't limited to offering its own virtual coins. CES attendees have learned that Kodak has attached its name to a Spotlite-run bitcoin-mining business that will lease you a Kodak KashMiner computer for a two-year contract. It'll cost you $3,400 plus half of the value the machines earn, but Spotlite argues that it's effectively a license to print money. If you believe the company's math, you'd be paid $375 per month if bitcoin maintains an average price of $14,000. However, there's just one problem: The math ignores the very nature of how bitcoin works.
China reportedly wants to curtail wasteful bitcoin mining
China is reportedly seeking an "orderly exit" from bitcoin mining, according to a leaked document seen by Quartz. The nation's internet finance regulator is asking local governments to strongly encourage firms to quit the business by jacking up power prices and and issuing stronger environmental rules. The government is reportedly concerned about pollution and the havoc that could be triggered by investors who lose money investing in mining and cryptocurrency.
Opera update keeps sites from hijacking your browser to mine bitcoin
Did you know that your browser can be tricked into mining cryptocurrency like BitCoin without your knowledge? Apparently, there are scripts floating around out there on various servers and website plugins that can hijack your web browser and use its CPU for mining purposes, even after the browser window is closed. Yikes. Opera version 50 releases tomorrow at 10 AM CET, and it includes with cryptocurrency mining protection built right into its ad blocker software.
As online ads fail, sites mine cryptocurrency
Between the incessant headlines and chatter on social media, it feels like everywhere we go some libertarian evangelist appears asking us if we have a second to talk about the blockchain -- like a religious wingnut lurking outside the grocery store.
Cryptocurrency mining marketplace loses $64 million to hackers
A cryptocurrency marketplace called NiceHash has suffered a security breach that left its bitcoin wallet tens of millions of dollars lighter. Slovenia-based NiceHash connects miners, or people selling their hashing/computer power, with people willing to pay for that power. Andrej P. Škraba, the marketplace's head of marketing, told Reuters that the company was targeted by "a highly professional attack" that involved "sophisticated social engineering." He also revealed that the infiltrators got away with 4,700 bitcoins -- or around $64 million.
The world's first blockchain smartphone is in development
Sirin Labs, the company behind the $14,000 Solarin smartphone, is now developing an open-source model that runs on a fee-less blockchain. The Finney -- named in honor of bitcoin pioneer Hal Finney -- will be the only smartphone in the world that's fully secure and safe enough to hold cryptographic coins. Or so says the company, which is launching a crowdsale event this October (date to be confirmed) to support the phone's development.
Pirate Bay 'borrows' visitor CPUs to mine virtual coins
Piracy websites can't really depend on ads, so how do they make money? By using your PC's processor cycles, apparently -- whether you want to or not. Visitors to The Pirate Bay have discovered JavaScript code in the website that 'borrows' your processor for the sake of mining Monero digital coins. It doesn't always happen (it mainly appears in search results and category listings), but you'll definitely notice the sharp spike in CPU usage when it kicks in.
Wind energy mines digital cash to support climate research
Climate change is frequently described as a vicious cycle that depletes the very resources needed to fight it. In the case of Julian Oliver's latest project, however, it could almost be described as virtuous. His Harvest project uses a 700W wind turbine to power a PC mining cryptocurrency (specifically, Zcash) that directly funds climate change research. In other words: the more the symptoms of climate change manifest themselves, the more money goes toward fighting that change. It was commissioned as a piece of art, but it's a very practical design that could find plenty of uses in the real world.
AMD and NVIDIA go after Bitcoin miners with new video cards
Dedicated digital currency miners know the importance of good graphics cards -- modern GPUs have enough general-purpose computing power to process money formats like Bitcoin much faster than a CPU alone. They've never really been suited for non-stop number crunching, though, and it looks like both AMD and NVIDIA hope to change that. CNBC has discovered that ASUS is making currency mining-oriented video cards using both vendors' chipsets. The AMD-based Mining RX 470 and NVIDIA-based Mining P106 are ultimately using off-the-shelf GPUs (the RX 470 and GTX 1060 respectively), but are fine-tuned for running around the clock.
Endless nuclear power can be found in the seas
Climate change is such an urgent issue that despite problems with radioactive waste, nuclear power is once again viable until renewable solutions like solar and wind are more widely adopted. The ocean is a good source of uranium fuel, but it exists in such small quantities that extracting it hasn't been economically feasible. However, Stanford researchers have developed a new technique that can capture up to three times more, meaning we might soon get a new source of uranium that could help keep CO2 in check.
Trump's plan for energy independence sacrifices the environment
Shortly after Donald Trump was sworn into office, the White House's website changed. Beyond the splash image of him and Vice President Mike Pence, under the "issues" tab the President outlines what he plans to do next: eliminate the Climate Action Plan and Waters of the U.S. rule. These "burdensome regulations on our energy industry" have been keeping American workers down for too long, and by nixing them wages will increase by $30 billion over the next seven years. Somehow. And almost assuredly at the expense of the environment.
Space mining gets a boost through Luxembourg's new law
American asteroid mining companies are allowed to keep their hauls, but what about European outfits? They should be set from now on. Luxembourg (which already has its own space mining tech) has adopted a draft law that gives private operations the right to keep what they take from asteroids and other near Earth objects, so long as they get authorization for their mission and obey international law. This doesn't let anyone lay claim to spaceborne entities, the country says -- it just eliminates the uncertainty when that material arrives on the ground. The law should take effect sometime in early 2017.
Komatsu's self-driving dump truck doesn't even have a cab
Despite the dream of the self-driving car, most autonomous vehicles still have a steering wheel, giving passengers the option to take control at a moments notice. Komatsu's latest dump truck is a bit different -- it doesn't even have a cab for a human operator to sit in. The company calls it the Komatsu Innovative Autonomous Haulage Vehicle. It's a 2,700 horsepower autonomous truck designed to increase productivity by taking drivers out of the equation. Specifically, the company is trying to eliminate the three-point turn by developing a vehicle that doesn't need to see where it's going.
Bitcoin mining just became less rewarding, on purpose
If you have computers chugging away as bitcoin mining machines, don't be surprised if your output just fell through the floor. Reuters notes that code built into the digital currency system has cut the mining reward in half as of July 9th. Where there were previously 25 bitcoins (roughly $16,000) to be mined every 10 minutes, you now have to fight over 12.5. The measure automatically kicks in every four years as part of an attempt to curb inflation that would come from both a growing number of miners and ever-faster computers.
Go on a bitcoin spending spree in the next Steam sale
Both high-end gaming PCs and bitcoin mining rigs require an awful lot of power to operate at their best, so this next bit of news is a pretty natural fit: You can load your Steam wallet using Silk Road's favorite currency. Cryptocurrency payment processing outfit Bitpay says that Valve approached the company because the gaming juggernaut was looking for a way to process payments in emerging markets like Brazil, China and India. Meaning, countries where credit cards aren't easily accessible.
President signs pro-asteroid mining bill into law
And just like that, American asteroid mining efforts are legal. President Obama has signed the US Commercial Space Launch Competitiveness Act (CSLCA) into law following Congress' approval, letting companies keep whatever resources they collect beyond Earth. As you might imagine, hopeful mining outfits like Planetary Resources are relieved. While the odds weren't that high that the government would confiscate their minerals as soon as they landed, the Act removes any ambiguity.
