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Crypto World News

Russian Nuclear Engineers Foiled In Attempt To Mine BTC With Supercomputer, New Monero-Mining Malware Targets Android Devices, Thousands Infected and more..

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Russian Nuclear Engineers Foiled In Attempt To Mine BTC With Supercomputer

Several engineers at the Russian Federal Nuclear Center have been arrested for attempting to use one of Russia’s largest supercomputers for Bitcoin (BTC) mining, Interfax reports Friday, Feb. 9.

 

Stock Market Correction 40 Times Bigger Then Crypto Correction

Cryptocurrency market capitalization (according to Coinmarketcap data) had dropped to $276.8 bln, losing over $100 bln in value in that timeframe before seeing gains of over $100 bln today. According to Reuters, the past week has seen over $4 tln of stock value has been wiped out.

 

New Monero-Mining Malware Targets Android Devices, Thousands Infected

Researchers from Chinese Cybersecurity company 360Netlab has discovered a new Android-based cryptocurrency mining malware that infects vulnerable Android devices to mine cryptocurrency, as reported in a blog post from the firm on Feb. 6.


China Plans to Block Access to Foreign Cryptocurrency Exchanges

China is reportedly on the verge of banning and blocking websites of foreign crypto exchanges, plus offshore websites associated with Initial Coin Offerings (ICOs) and crypto related businesses. However, some in China are questioning exactly how the authorities plan to accomplish this.


Virginia Senator Mark Warner: Crypto Market Could Hit $20 Trillion

Virginia Senator Mark Warner sounded quite bullish on cryptocurrencies during today’s U.S. Senate hearing on the cryptoverse. Then again, Warner’s not one to miss a trend, as he himself became a multimillionaire years ago during the wireless cellphone craze.


Binance Exchange Halts Trading, Withdrawals Over Server Issue, Assures ‘No Hack’

Binance, the cryptocurrency exchange currently ranked second to OKEx on CoinMarketCap in trading volume, has temporarily suspended withdrawals and trading.