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This cryptocurrency botnet was designed to seek and destroy mining malware

Sep18
by on September 18, 2018 at 2:39 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Cryptocurrency botnets are normally the weapons of evil, used to covertly and illicitly steal other people’s computing power to earn coins. But now there’s a new kid on the block, and it seems to be cleaning up online avenues of crypto-malware. The botnet, known as Fbot, appears to be hunting down illegitimate cryptocurrency mining malware and erasing it from where ever it is being hosted. According to the researchers who discovered the botnet, Qihoo 360Netlab, the bot scans the web for a specific piece of cryptocurrency mining malware called com.ufo.miner. When found, the botnet installs itself over the top of…

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French artists celebrate 10 years of Bitcoin with cryptocurrency art exhibition

Sep18
by on September 18, 2018 at 1:46 pm
Posted In: Around the Web, Hard Fork, Insider


Bitcoin is turning 10 years old soon – and a group of international artists are putting on a cryptocurrency art exhibition in France to celebrate its birthday: Bitcoin Art (r)Evolution. Creatives have been challenged to explore how Bitcoin and other cryptocurrencies affect the artists’ relationship with their audience. Particularly, a focus on whether Bitcoin can free artists from the traditional art market – and ultimately the banking system – to explore greater creative freedoms. Art (r)evolution will delve into the “unique opportunity to decode the potential upheavals that cryptocurrency and blockchain can cause in the world of art.” “We had the…

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Devs used solar-powered radios to complete first ‘off-grid’ cryptocurrency transaction

Sep18
by on September 18, 2018 at 12:47 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


A group of developers claim to have performed a solar-powered cryptocurrency transaction, using shortwave radios and blockchain tech. While it might not be the world’s first radio-transmitted cryptocurrency transaction, the devs insist it is the first one to be completed entirely off-grid. They managed to do it with just a portable hard drive, a solar battery pack, a shortwave radio, and, of course, some technical know-how. In addition to these gadgets, the developers used open-source cryptocurrency Burst to conduct the experiment. For the record, the transaction was recorded on Burst’s blockchain without the need for any mains power or data…

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Why Kazakhstan should stop worshipping Tesla and Uber

Sep18
by on September 18, 2018 at 12:30 pm
Posted In: Around the Web, Asia, Insider, world


Imagine a country about five times the size of France with a population density of only six people per square kilometer. One could walk thousands of miles across the vast steppes without encountering a single human settlement. This country, Kazakhstan, is the largest country in Central Asia. 70 percent of Kazakhstan’s GDP is revenue from the sale of mineral resources such as oil, gas, and coal. Thanks to oil revenues, life is pretty good here – in 2015-2016, the Doing Business ranking placed Kazakhstan among the fastest growing economies in the world. In addition, in terms of GDP in the…

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