Weekend Synthesis – All cryptos are in red | a Monero mining boot infected half a million servers

Weekend Synthesis – All cryptos are in red | a Monero mining boot infected half a million servers

A bot infects half a million servers and thousands of monero.

More than half a million devices have been infected by a botnet that mined nearly 9,000 monero files, worth about $ 3.6 million.

Smombruff Botnet, which infected more than 526,000 Windows servers, was used to mop 8900 mono chips since it first appeared in May 2017. The Windows-based bot exploits EternalBlue, which was developed by the Security Agency (NSA) and was made public by Shadow Brokers hackers last year. Eternal Blue was later released with another exploit developed by NSA, DoublePulsar, in the WannaCry attack.

Windows servers were the main victims of the bot, about which XDDNet says they are ideal hosts. They are continually on and have more processing power than a normal computer. Most of the affected devices are in Russia, India and Taiwan, but the attack is spreading all over the world.

Attempts to discourage the bot have so far been limited. Cyber ​​security workers at Proofpoint, abuse.ch and ShadowServer Foundation tried to eradicate the bot by using a technique called sinkholing, but Smominru quickly recovered.

Monero has been increasingly involved in cybercrime, most likely because transactions, currencies used in transactions and the history of currency transactions are private.

Last year, the DoublePulsar we talked about earlier was used to facilitate the secret installation of a monero mine malware. Also, at the beginning of the week, TrendMicro announced that it discovered that miners are using Google’s advertising services, DoubleClick, to distribute mining malware.

The authorities are studying Coincheck’s compensation claim

After the $ 530 million attack, Japanese financial authorities are investigating the Coincheck exchange. They did a site inspection.

According to a Nikkei newspaper report, inspectors from the Financial Services Agency (FSA) has reached Coincheck offices Friday to investigate whether the company has the financial capacity to fulfill promises to compensate people who lost money after the attack.

On January 26, Coincheck, one of the largest exchanges in Japan crypto, lost 500 million chips NEM, worth 533 million dollars, of about 260 000 user accounts.

Following the attack, Coincheck announced on January 27 that it would make up for losses at a rate of $ 0.81 for each stolen piece. In total, it’s about 420 million dollars.

The FSA intervened on January 29 and gave administrative orders asking the exchange to report on the causes of the attack and on plans to improve security.

The FSA inspection is the first time the Japanese authorities are involved in overseeing the crypto market to protect the instigators.

Samsung has confirmed that it produces crypto chips

Samsung has confirmed that it produces specialized cryptomonas mining faces. The first reports of the initiative came out earlier this week.

The South Korean publication, The Bell, said on January 30th that Samsung will release the production of ASICs along with a Chinese mining company.

A spokesman said in the meantime that “Samsung factories have been involved in the production of crypto mines now.”

The South Korean giant did not give details about the devices. In the financial report for the last quarter of 2017, published yesterday, Samsung spoke about the demand for cryptominating equipment. From 2018, it will launch processors of 8 and 11nm to prevent market needs, but also a “risk production” of 7nm faces.

Samsung’s entry to the market will make serious competition with Bitmain, which has a market share of 70% and uses ASICs made by Taiwanese TSMC producers.

Red Wave: Massive losses across the crypt market

The cryptocoins market has been in red since Friday until today. All 10 top 10 coins have lost more than 10% in the last 24 hours.

Bitcoin fell 16% over the same period, reaching less than $ 8,000. It is headed for the most massive weekly loss of more than 25% since April 2013.

Cryptomoneda suffered a 30% drop in January.

Cardano (ADA) is the biggest loser in the top 10, with a 37% drop.

Ethereum declined by 28%. Cryptomoneda seemed relatively calm this week after Venezuela announced it would create petroleum pre-sales on the ethereum platform. Bulls weakened but the attack and ethereum were traded at 785%, the minimum so far for 2018.

Ripple is ranked third in the list of losses, with a 35% drop. Cryptomoneda has now reached $ 0.635, the minima of December 15 until now.

IOTA, NEO, EOS and litecoin have also dropped by more than 20%.

The total market volume of cryptocoins fell by more than 100 billion, below 400 billion, for the first time in 2018.

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