New Hidden Miner Can "Kill" Its "Competitors"

New hidden miner discovered by the researcher has a built-in "kill list" of "competitors"
06 March 2018   926

The researchers found the first hidden cryptocurrency miner, containing the "kill list", that  "kills" the processes of other miners in an attempt to capture all the power of the computer. This is reported by Bleeping Computer.

Malware was discovered by researcher Xavier Mertens of ICS Sans. In addition to the curious function, it does not differ from the many existing miners that were distributed this year, when the attackers switched from ransomware to a new type of attack.

Unlike competitors, the author of the miner realized that this market is becoming rather crowded, and infecting a device that does not already have several similar viruses becomes more and more difficult, which is why they have to fight for the power of the CPU and GPU.

To solve this problem, the author analyzed what miners most often infect devices, and compiled a list of system processes under the guise of which viruses act.

When such a trojan gets on the computer, it checks the running processes and, in case of detection of names from the list, stops them.

According to Mertens, experts in the field of cybersecurity can use the work done by the author of the virus to detect infected computers.

It's worth noting that this is not the first trojan containing the function "kill list", but none of them was designed for crypto currency mining.

Bitmain to File IPO Application

The application was sent to Hong Kong Stock Exchange (HKEX)
27 September 2018   396

The largest mining company Bitmain has submitted to the Hong Kong Stock Exchange (HKEX) listing application for an initial public offering (IPO), according to CoinDesk.

The application is a draft option, and some of its details, in particular the number of shares offered for sale and the immediate date of the IPO, are still in the process of editing.

Nevertheless, the document indicates that last year Bitmain's revenue was $ 2,517,719,000. This figure is higher than in 2016 ($ 277,612,000). As of June 30, 2018, the company's revenue was $ 2,845,467,000.

The application said that in 2017 the gross profit of the company was $ 1 212.7 million, which is also higher than in 2016 ($ 151,351,000).

Earlier, the head of Bitmain, Jihan Wu, expressed his indignation over the actions of the company's chief financial officer, who disclosed the figures for the first quarter 60 days after his end, and not after 90, as he had expected.

The media suggested that in the run-up to the IPO the publication of such information could have a negative effect on the company's investment attractiveness.

In addition, the document confirmed the media's information that Bitmain owns a 3% stake in Opera's Internet browser thanks to an investment of $ 50 million.

The application also indicates that the underwriters of the IPO are China International Capital Corporation Hong Kong Securities Limited, Commerce and Finance Law Offices, Maples and Calder LLP, KPMG and Frost & Sulliva