cryptocurrency pirate showtime

The internet is currently filled with numerous sites that use the computing power of many users to mine cryptocurrency and ultimately make money for the hacker.

One of the latest examples of this came on Monday, October 29th as an antivirus provider named Trend Micro found two different Android Apps that were using this method of monetization to generate income. This malicious form of income generation uses a JavaScript code to allow the website to take advantage of the users computing power where they can then use it to mine cryptocurrency. Google has since removed the apps from its platform and is doing all it can to help prevent this.

Another website named politifact.com was also found to be hosting what is known as Coinhive scripts earlier in the month of October. This comes with an additional amount of sites also using the same technology to hack users computers. One official from PolitiFact stated that “an unidentified hacker attached a crypto mining script to the PolitiFact code base being stored on a cloud-based server.” The code was swiftly removed and was only active for the users when they were on the site.

https://coinstocks.com/best-way-invest-bitcoin/

The site known as Coinhive was one of the primary sites that was criticized for containing the malware that allowed them to use their user’s computing power. A company that utilizes this software has stated that “the reason we block connive is because there are site owners who do not ask for their users’ permission to start running CPU-gorging applications on their systems. A regular Bitcoin miner could be incredibly simple or a powerhouse, depending on how much computing the user running the miner wants to use.”

The hopes are that this malicious use of software will slow down, and users will be able to choose whether or not their computer is used in mining.

LEAVE A REPLY

Please enter your comment!
Please enter your name here