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Malware that uses infected hardware for mining crypto without authorization has become the top cyber threat in certain countries. Cryptojacking, the unauthorized use of another’s hardware to mine cryptocurrency, has become the biggest cyber threat in many parts of the world, Bloomberg reported Dec. 14. According to research from cyber security research firm Kaspersky Lab, cryptojacking overtook ransomware as the biggest cybersecurity threat particularly in the Middle East, Turkey, and Africa. In Afghanistan and Ethiopia over one out of four detected malware are cryptocurrency miners, according to Kaspersky’s data. As cited by the Bloomberg, Kaspersky’s research “shows crypto mining attacks have risen almost fourfold in the region, from 3.5 million in 2017 to 13 million this year.” The cybersecurity firm reportedly also claimed that cryptojacking incidents are “likely to continue given the increased use of digital currencies.” A report released by Kaspersky in November declares that th..
Crypto markets are facing another massive sell-off, Bitcoin trades below $4,000, down almost 40 percent since mid-November. Sunday, Nov. 25: crypto markets have suffered another crash yesterday and continuing into today, with all top 20 cryptocurrencies by market cap deeply in the red, and Bitcoin (BTC) trading below $4,000. crypto markets are seeing a massive decline of at least 10-15 percent. Stellar (XLM) has suffered the most, down over 20 percent, and trading at $0.14 at press time, according to CoinMarketCap. Market visualization from Coin360 Yesterday, Nov. 24, Bitcoin plunged below the $4,000 price point, breaking the threshold for the first time since September 2017. Today, the major cryptocurrency has dropped even further to as low as $3,585 before stabilizing at around $3,800. As of press time, Bitcoin is trading at $3,835, down just under 10 percent over the past 24 hours. The biggest cryptocurrency is down more than 32 percent over the past 7 days. Before facing the firs..
A Malaysian banking group known as CIMB has decided to tap into the ever growing blockchain industry by using RippleNet to make cross-border payments faster and easier. This partnership is mutually beneficial as it will allow the ASEAN market enjoy cheap and fast international payments while increasing the awareness of Ripple’s technology and the XRP token. Ripple And CIMB Work Together The blockchain-based solution Ripple has been promoting has already been deployed to help CIMB make SpeedSend, its existing remittance system, more cost efficient and faster. Thanks to the integration of RippleNet, payments across borders to USA, Australia, Hong Kong and UK have become seamless. As part of the collaboration with Ripple, CIMB announced that it is going to explore other use cases of Ripple’s tech. Before now, SpeedSend was used by individuals mainly within the Philippines, India, Japan, Thailand and Singapore. SEE ALSO: BCH Post-HardFork Update: ABC Chain Leads SV in Hash War But For Ho..
XRP (XRP), after seeing a massive increase in its value on Sept. 21st and emerging as the second largest digital currency by market cap – repeated the same trend yesterday, Sept. 26. XRP (XRP) briefly took over the position of Ethereum (ETH) yesterday after seeing a significant increase in its value which resulted in an increase in its market cap. XRP emerged as the second largest digital currency in the market, but what happened last week still occurred, as Ethereum (ETH) fought back to reclaimed its position. XRP (XRP) Price Today – XRP / USD Name Price24H (%)$0.52 -2.03% At the time of writing, XRP (XRP) is changing hands at 52 cents after a decrease of less than one percent over the past twenty-four hours. The current market cap of the digital currency is $20.76 billion and its trading volume over the past twenty-four hours is $1.48 billion. XRP Price Analysis Over the past couple of days, the digital currency has been experiencing a decent upward trend over the 40 cents mark. ..
Ethereum briefly lost its place as the largest altcoin asset by market cap to Ripple for the second time in a week. Ripple (XRP) has briefly surpassed the market cap of Ethereum (ETH) for the second time in a week Wednesday, September 26, once again temporarily becoming the second largest cryptocurrency by market cap. Data from CoinMarketCap shows that XRP is now again ranked third with gains of 22 percent over a 24 hour period, with ETH in the second highest spot for market cap with gains around 3 percent by press time. XRP last outperformed ETH on September 21, only to lose its number two spot shortly afterwards as both assets saw price corrections following sudden upticks. On social media, cryptocurrency traders and commentators reacted buoyantly to the fresh reshifting in the crypto top ten. ETH currently has a market cap of around $22.1 billion at press time, with XRP showing around $200,000 less with a market cap of $21.9 billion. Ripple had hinted its xRapid payment system woul..