New Solar-Powered Crypto Mining Outfit Blasts Off, Backed by Star Trek’s Shatner

New Solar-Powered Crypto Mining Outfit Blasts Off, Backed by Star Trek’s Shatner William Shatner, the former fictional Captain Kirk from Star Trek, is the spokesperson for a new solar-powered cryptocurrency mining facility, according to a press release published yesterday, June 13. The recently acquired mining warehouse, located in Murphysboro, Illinois, covers 165,000 square feet and was purchased for a…

5 Percent of Monero in Circulation Was Mined Through Malware, Research Finds

5 Percent of Monero in Circulation Was Mined Through Malware, Research Finds A June 11 report by network and enterprise security company Palo Alto Networks has found that around 5 percent of all Monero (XMR) in circulation was mined maliciously. According to the research, the mining has been done via cryptojacking, the practice of using other users’ computers’ processing power to…

Apple Blocks Crypto Mining Apps On Its Products

Apple Blocks Crypto Mining Apps On Its Products Apple has moved to put a stop to any crypto-mining apps that might be used on its mobile products. In a recent update, the personal computing company expanded its initial guidelines on cryptocurrencies. Before, the guidelines specified apps facilitating cryptocurrency exchange and/or initial coin offerings (ICOs) must comply with…

Quebec Halts Crypto Mining Approvals Pending New Restrictions

Quebec Halts Crypto Mining Approvals Pending New Restrictions Quebec has issued a moratorium on new cryptocurrency mining operations in a bid to give officials time to develop new restrictions and potentially increase energy costs, Reuters reported Thursday. The Canadian province long known for its cheap hydroelectric power has formally stopped approving new projects in order to create…

Mining Giant Bitmain’s CEO Wu ‘Open’ to Hong Kong IPO, Report Says

Mining Giant Bitmain’s CEO Wu ‘Open’ to Hong Kong IPO, Report Says The CEO of crypto mining hardware giant Bitmain, Jihan Wu, has confirmed he is “open” to conducting an overseas initial public offering (IPO), Bloomberg reports today, June 7. Speaking in an interview in Hong Kong, Wu, who claims to own up to 28 percent of China-headquartered Bitmain, said an IPO in the region…

Russian President Vladimir Putin Publicly Addresses Crypto, Says Practically Nothing

Russian President Vladimir Putin Publicly Addresses Crypto, Says Practically Nothing Russian President Vladimir Putin issued ambiguous, but mostly negative, commentary on the question of Russian issuing its own cryptocurrency during his annual live question and answer session with the Russian public today, June 7. On today’s live session with the president, known as the “Direct Line”, Russian…

Operation Prowli Malware Infects Over 40,000 Machines, Which Were Used for Crypto Mining

Operation Prowli Malware Infects Over 40,000 Machines, Which Were Used for Crypto Mining The GuardiCore security team has discovered a malicious traffic manipulation and cryptocurrency mining campaign, according to an announcement published June 6. The campaign infected over 40,000 machines across various industries, including finance, education, and government. The campaign called Operation Prowli used various techniques like exploits and password…