Chinese Hackers Hiddenly Mined $2M

Hackers built hidden miner into plug-ins for the Internet browser - for example, to improve the speed of the Internet
10 July 2018   1121

Chinese hackers were able to mine hiddenly $2M worth  cryptocurrency in 2 years. 1M devices were infected. This is reported by CoinDesk.

According to one local media, police in the Chinese city of Dalian arrested 20 employees of a computer firm who are suspected of illegally taking control of a large number of computers for illegal crypto-mining.

Hackers created a malicious program and built it into plug-ins for the Internet browser - for example, to improve the speed of the Internet - and promoted it through advertising, which was shown to 5 million users.

After the user clicked on such an advertisement and installed the plugin, his computer became infected. As a result, according to the police, malware was downloaded to more than 1 million computers, which for 2 years mined 26 million tokens of Digibyte, Decred and Siacoin.

In addition, hackers created a network of more than 100 agents to promote their illegal mining network-for example, through working relationships in the internet cafes.

SBI Holdings to Start Mining Chips Manufacturing

The new enterprise will work in partnership with an unnamed major semiconductor manufacturer from the United States
22 March 2019   100

The Japanese financial conglomerate SBI Holdings announced the creation of a new enterprise that will focus on the production of chips and cryptocurrency mining systems.

The message on the company's website says that SBI Mining Chip Co. (SBIMC) is part of SBI Holdings digital asset strategy.

The new enterprise will work in partnership with an unnamed major semiconductor manufacturer from the United States, and a former head of Chip Estimate and WearSens Adam Trademan, will head it. Currently, Trademan heads the BRD mobile cryptocurrency wallet development company, in which SBI Holdings invested $ 15 million in January of this year.

Recall that its plans to launch a broad offensive against the cryptocurrency industry were announced by SBI Holdings in October 2017. Since then, the corporation has made numerous investments in various projects, and also intends to promote the mass adoption and practical use of the RR Xle XRP token.