The Daily Dose

With the infamous cryptocurrency mining script Coinhive now offline, you’d be forgiven for thinking crypto-jacking was a thing of the past. Sadly though, security researchers have uncovered a new malware family that’s attacking hardware to get it to secretly mine cryptocurrency. Researchers from Trend Micro have identified a malware which uses numerous web server exploits and brute-force attacks. The malware downloads and installs XMRig, a Monero cryptocurrency miner, according to the researchers’ findings, in an article spotted by ZDNet. BlackSquid was most active in the last week of May, with most of its attacks hitting Thailand and the US, according…

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An Amsterdam-based cryptocurrency exchange is facing an uncertain future. Blockport has declared bankruptcy after its security token offering (STO) failed to meet its minimum expectations last month. Blockport’s STO failed to reach its soft cap of €1 million ($1.13 million) in May. Shortly after, the company filed for and was declared bankrupt, according to recently found bankruptcy records. “Since our first equity fundraising (STO) round was unsuccessful, we can’t uphold our planned growth trajectory and therefore have to significantly scale down our operations and team,” Blockport founder Sebastiaan Lichter told Hard Fork. The Blockport STO launched on April 16 and…

This story continues at The Next Web