Websites hacked to mint crypto-cash

Websites hacked to mint crypto-cash:  #cryptocurrency #hacked #bitcoin #mining #cybersecurity

  • One scan of the most popular websites found hundreds harbouring the malicious mining code.By getting lots of computers to join the networks, attackers can quickly generate cash.
  • The number crunching is called mining and new crypto-coins are handed out to miners who are the first to solve the complex sums.The more computer power that someone can amass, said Mr Ferguson, the more coins they can generate.
  • Image caption – – Some sites were running lots of copies of the script – – – – “Crypto-coin mining malware is nothing new,” said Mr Ferguson, adding that the growing value of established cyber-currencies and the emergence of potentially valuable new ones was driving malicious use of the scripts.A…
  • “It encouraged people to report malicious use of Coin Hive and said any site using it should inform users that their computer could be enrolled in a mining scheme.
  • Image copyright – Rockstar Games – – – – – Image caption – – One popular mod for GTA V was updated to stop people adding mining code – – – – Prof Caesar said he and student Rashid Tahir started investigating the problem after conversations with several cloud firms…

Hundreds of websites are harbouring malicious code that uses visitors’ computers to generate digital cash, suggests a report.
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Could a blockchain-based electricity network change the energy market?

  • The intense data processing required by blockchain pulls in an extraordinary amount of electricity, and widespread use of it would drag global energy markets into the abyss – and bring the world’s carbon emissions budget down with it.
  • They range from the big, such as the 10 major utility companies joining the Energy Web Foundation’s efforts to identify and roll out blockchain energy solutions, to the small, such as US startup LO3 Energy’s launch of a blockchain-enabled green energy microgrid in Brooklyn later this year.
  • Similar to LO3 Energy’s offering is that of Australian company Power Ledger, which has developed a peer-to-peer energy trading model that works around utilities companies using blockchain in much the same way that bitcoin traders dance past the banks.
  • By making rooftop solar even more economical and maximising use of the power it generates, Martin hopes blockchain-enabled peer-to-peer energy trading will help lower carbon emissions while raising energy capacity.
  • In Australia, Power Ledger also predicts legislative changes will be needed to pave the way for blockchain, or any kind of peer-to-peer energy trading for that matter.

Blockchain-enabled energy trading could help lower carbon emissions but efficiency and privacy issues must first be overcome
Continue reading “Could a blockchain-based electricity network change the energy market?”

Could a blockchain-based electricity network change the energy market?

Could a #blockchain-based electricity network change the energy market?

  • The intense data processing required by blockchain pulls in an extraordinary amount of electricity, and widespread use of it would drag global energy markets into the abyss – and bring the world’s carbon emissions budget down with it.
  • They range from the big, such as the 10 major utility companies joining the Energy Web Foundation’s efforts to identify and roll out blockchain energy solutions, to the small, such as US startup LO3 Energy’s launch of a blockchain-enabled green energy microgrid in Brooklyn later this year.
  • Similar to LO3 Energy’s offering is that of Australian company Power Ledger, which has developed a peer-to-peer energy trading model that works around utilities companies using blockchain in much the same way that bitcoin traders dance past the banks.
  • By making rooftop solar even more economical and maximising use of the power it generates, Martin hopes blockchain-enabled peer-to-peer energy trading will help lower carbon emissions while raising energy capacity.
  • In Australia, Power Ledger also predicts legislative changes will be needed to pave the way for blockchain, or any kind of peer-to-peer energy trading for that matter.

Blockchain-enabled energy trading could help lower carbon emissions but efficiency and privacy issues must first be overcome
Continue reading “Could a blockchain-based electricity network change the energy market?”

Could a blockchain-based electricity network change the energy market?

Could a blockchain-based electricity network change the energy market?

  • The intense data processing required by blockchain pulls in an extraordinary amount of electricity, and widespread use of it would drag global energy markets into the abyss – and bring the world’s carbon emissions budget down with it.
  • They range from the big, such as the 10 major utility companies joining the Energy Web Foundation’s efforts to identify and roll out blockchain energy solutions, to the small, such as US startup LO3 Energy’s launch of a blockchain-enabled green energy microgrid in Brooklyn later this year.
  • Similar to LO3 Energy’s offering is that of Australian company Power Ledger, which has developed a peer-to-peer energy trading model that works around utilities companies using blockchain in much the same way that bitcoin traders dance past the banks.
  • By making rooftop solar even more economical and maximising use of the power it generates, Martin hopes blockchain-enabled peer-to-peer energy trading will help lower carbon emissions while raising energy capacity.
  • In Australia, Power Ledger also predicts legislative changes will be needed to pave the way for blockchain, or any kind of peer-to-peer energy trading for that matter.

Blockchain-enabled energy trading could help lower carbon emissions but efficiency and privacy issues must first be overcome
Continue reading “Could a blockchain-based electricity network change the energy market?”

Blockchain technology trialled to tackle slavery in the fishing industry

  • Technology could be used to differentiate fish caught sustainably to those caught illegally, or linked to human rights abuses
  • The pilot shows that complex, global supply chains can be made transparent by using blockchain technology.”
  • With the seafood industry notorious for human rights abuses and illegal fishing, campaigners hope the technology, piloted by a UK-based company Provenance , could help retailers, manufacturers and restaurants prove the origins of their fish.
  • Smartphones could be used to scan fish products used in the trial to access information on their origins and journey to the supermarket shelf.
  • Blockchain technology trialled to tackle slavery in the fishing industry

Technology could be used to differentiate fish caught sustainably to those caught illegally, or linked to human rights abuses
Continue reading “Blockchain technology trialled to tackle slavery in the fishing industry”

Blockchain technology trialled to tackle slavery in the fishing industry

  • Technology could be used to differentiate fish caught sustainably to those caught illegally, or linked to human rights abuses
  • The pilot shows that complex, global supply chains can be made transparent by using blockchain technology.”
  • With the seafood industry notorious for human rights abuses and illegal fishing, campaigners hope the technology, piloted by a UK-based company Provenance , could help retailers, manufacturers and restaurants prove the origins of their fish.
  • Smartphones could be used to scan fish products used in the trial to access information on their origins and journey to the supermarket shelf.
  • Blockchain technology trialled to tackle slavery in the fishing industry

Technology could be used to differentiate fish caught sustainably to those caught illegally, or linked to human rights abuses
Continue reading “Blockchain technology trialled to tackle slavery in the fishing industry”

Blockchain technology trialled to tackle slavery in the fishing industry

  • Technology could be used to differentiate fish caught sustainably to those caught illegally, or linked to human rights abuses
  • The pilot shows that complex, global supply chains can be made transparent by using blockchain technology.”
  • With the seafood industry notorious for human rights abuses and illegal fishing, campaigners hope the technology, piloted by a UK-based company Provenance , could help retailers, manufacturers and restaurants prove the origins of their fish.
  • Smartphones could be used to scan fish products used in the trial to access information on their origins and journey to the supermarket shelf.
  • Blockchain technology trialled to tackle slavery in the fishing industry

Technology could be used to differentiate fish caught sustainably to those caught illegally, or linked to human rights abuses
Continue reading “Blockchain technology trialled to tackle slavery in the fishing industry”