Trojan Bitcoin Miner affects 6% of Russian users

Kaspersky Internet Security reports Trojan Bitcoin Miner attack
24 July 2017   2674
Bitcoin

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

Since the beginning of 2017, 6% of Russian Kaspersky Lab users have been attacked in order to install the miners, reports Kaspersky Lab expert Anton Ivanov to forklog.com.

According to him, the number of attacks allows the virus to be classified as a fairly common type of malicious software. 

It loads the system using the computing power of the device, which reduces its performance. The mechanisms for distribution and non-legitimate installation of such malicious software are standard, which is sending out emails with malicious attachments, visiting infected sites and so on. 
 

Anton Ivanov
Kaspersky Lab senior antivirus analyst

Earlier this month, it was reported that from 20 to 30 percent of computers in Moscow are infected with a virus for Bitcoin mining. However, Kaspersky Lab denied this information.

Switcheo to Launch Cross-Chain ETH-NEO Atomic Swaps

Developers says that the technology of atomic swaps has been known for few years, but is not popular, since its implementation in practice is quite complicated
25 April 2019   59

Switcheo announced the official launch of the atomic swaps feature for the Ethereum and NEO blockchains.

From now on, Switcheo users have access to the inter-block exchange of their own token exchange, SWTH and ETH, which allows for the transfer of assets between two markets represented on the trading platform and makes Switcheo the first decentralized exchange that implements this functionality.

A challenge with existing trustless exchanges is that trades are confined to individual blockchains, limiting the market combinations that can be offered to users” says . With the launch of the new feature, users can now trade conveniently between ETH and NEO markets, while retaining full custody of their funds.
 

Ivan Poon

CEO, Switcheo

According to the developers, the technology of atomic swaps has been known for several years, but is not widely used, since its implementation in practice is quite problematic. Switcheo lead developer John Wong explained that his team spent a lot of time adapting the process to the user's needs and achieved the desired result.