Hackers used Italian bank servers to mine Bitcoin

Cyber security company Darktrace investigated this situation 
12 July 2017   1969

Distributed database that is used to maintain a continuously growing list of records, called blocks.

Servers of one of the Italian banks in 2015 were used by hackers to mine crypto currency, Quartz reports.

According to the director of the UK-based Darktrace, specializing in cyber security, in January 2015, his specialists investigated the intervention in the system of financial organizations and identified data flows that were sent from the bank's servers to the botnet.

It was a fairly well known European criminal botnet. The data was not customer data; it turned out to be a fairly buggy implementation of bitcoin mining software. I don’t think they made very much money out of it.

Dave Palmer,
Director of technology, Darktrace

The captured server was shut down less than an hour after the start of the crypto currency production.

Dave Palmer also added that the period of the heyday of criminal production of crypto currency fell on 2014-2015. For comparison, in the last six months of 2017, Darktrace identified only 24 similar cases. 

Also, some time ago, hackers hijacked the Ethereum Classic Wallet and was able to steal around $300 000. 

1st Alternative Zcash Client to be Created by Parity

The responsibility for the continued development and support of the new client called Zebra will be with the Zcash Foundation
18 June 2019   126

The leading developer of solutions for the Ethereum ecosystem, Parity Technologies, presented the first alternative client for cryptocurrency Zcash.

A new client called Zebra is designed to improve the security of the Zcash network. So, if the original Zcashd client will not be able to operate for some reason, the blockchain will be supported by nodes on Zebra.

In addition, with the help of an alternative client, developers will be able to identify bugs and eliminate defects in consensus.

The community wins across the board, as there are now more core developers working on clients, with more interests represented and clients taking different approaches on how to build apps on top. Zcash can now boast a more diversified community that can effectively tailor experiences for Layer 2 developers as well as end-users.

Fredrik Harryson
CTO, Parity Technologies

The responsibility for the continued development and support of the Zebra will be with the Zcash Foundation.