Kuwait Bans Cryptocurrency Mining As Part Of Power Crisis Crackdown #crpytocurrency #cryptocurrency #cryptomining
Kuwait Bans Cryptocurrency Mining As Part Of Power Crisis Crackdown #crpytocurrency #cryptocurrency #cryptomining
Tom’s Hardware: Energy use in a Kuwaiti city fell by over 50% after authorities cracked down on crypto mining. “Authorities in Al-Wafrah, Kuwait, cracked down on alleged crypto miners in the city, which resulted in a 55% decrease in power consumption the following week. According to Reuters, Kuwait is in a power crisis as summer temperatures are soaring. Its growing number of citizens are […]
#cryptocurrency #cryptomining #Kuwait #energy #PublicSafety
'Authorities in Al-Wafrah, Kuwait, cracked down on alleged crypto miners in the city, which resulted in a 55% decrease in power consumption the following week. According to Reuters, Kuwait is in a power crisis as summer temperatures are soaring. Its growing number of citizens are pushing the power grid to keep cool while some power plants are experiencing maintenance delays. '
Gizmodo: Bitcoin Mining Is No Longer Worth it. “After a dip that coincided with when the stock market crashed (remember when Bitcoin was supposed to be a hedge against market volatility?), the cryptocurrency is pushing back up toward its all-time high. Despite that, it seems that mining for the cryptocurrency is no longer worth it, even for some larger mining operations.”
https://rbfirehose.com/2025/05/03/gizmodo-bitcoin-mining-is-no-longer-worth-it/
"Bitcoin mining: profits down, costs up."
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#cryptocurrency #Bitcoin #cryptomining #energy
'After a dip that coincided with when the stock market crashed...the cryptocurrency is pushing back up toward its all-time high. Despite that, it seems that mining for the cryptocurrency is no longer worth it, even for some larger mining operations. According to data recently published by CoinShares, the cost of electricity and computational power needed to mine for Bitcoin now often exceeds the actual value of the coin.'
https://gizmodo.com/bitcoin-mining-is-no-longer-worth-it-2000596010
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Outlaw cybergang attacking targets worldwide
A recent incident response case in Brazil revealed a Perl-based crypto mining botnet called Outlaw, also known as Dota, targeting Linux environments. The threat actor exploits weak SSH credentials, downloads malicious scripts, and deploys an XMRig miner for Monero cryptocurrency. The botnet includes an IRC-based client that acts as a backdoor, allowing for various malicious activities. Victims have been identified mainly in the United States, with additional targets in Germany, Italy, Thailand, Singapore, Taiwan, Canada, and Brazil. The article provides detailed analysis of the malware's components, persistence mechanisms, and evasion techniques. Recommendations for system administrators include hardening SSH configurations and implementing additional security measures to mitigate the risk of compromise.
Pulse ID: 6810fdeb2114bc18d03810e3
Pulse Link: https://otx.alienvault.com/pulse/6810fdeb2114bc18d03810e3
Pulse Author: AlienVault
Created: 2025-04-29 16:27:23
Be advised, this data is unverified and should be considered preliminary. Always do further verification.
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Fake VSCode extensions secretly mined crypto on infected Windows machines. #VSCodeSecurity #malware #cryptomining
More details: https://blog.extensiontotal.com/mining-in-plain-sight-the-vs-code-extension-cryptojacking-campaign-19ca12904b59 - https://www.flagthis.com/news/12756
Mining in Plain Sight: The VS Code Extension Cryptojacking Campaign
A sophisticated cryptomining campaign has been discovered targeting developers through seemingly legitimate VS Code extensions. The campaign, potentially reaching over one million installations, involves fake extensions published by three different authors. These extensions secretly download a PowerShell script that disables Windows security, establishes persistence, and installs an XMRig cryptominer. The most successful fake extension gained 189K installs. The attackers created a multi-stage attack, even installing legitimate extensions they impersonated to avoid suspicion. The campaign published ten different malicious extensions, with the top three showing unusually high install counts, suggesting artificial inflation. The extensions share identical code and communicate with the same C2 server. The PowerShell script sets up persistence mechanisms, disables Windows security services, and attempts privilege escalation.
Pulse ID: 67f4ffb4bf1e842db102d8bd
Pulse Link: https://otx.alienvault.com/pulse/67f4ffb4bf1e842db102d8bd
Pulse Author: AlienVault
Created: 2025-04-08 10:51:32
Be advised, this data is unverified and should be considered preliminary. Always do further verification.
#CryptoJacking #CryptoMiner #CryptoMining #CyberSecurity #InfoSec #OTX #OpenThreatExchange #PowerShell #SMS #Windows #bot #developers #AlienVault
Could your favorite VSCode extension be hiding a cryptominer? Malicious actors are exploiting weak reviews and verification gaps to sneak in harmful code. How safe is your coding environment?
https://thedefendopsdiaries.com/safeguarding-vscode-addressing-the-threat-of-malicious-extensions/
#vscode
#malicioussoftware
#cybersecurity
#cryptomining
#softwaresecurity
Tom’s Hardware: Bitcoin miners front-running tariffs by scrambling to ship thousands of machines before penalties hit. “Luxor Technology, a Bitcoin mining software and services company building machines in Thailand, is in a quandary: It needs to ship 5,600 units before the tariffs hit. Lauren Lin, Head of Technology at Luxor, told Bloomberg that they’re considering chartering a flight to […]
BBC: Bitcoin in the bush – the crypto mine in remote Zambia. “Water and electronic equipment don’t usually mix well but it’s precisely the proximity to the river that’s drawn bitcoiners here. Philip [Walton]’s mine is plugged directly into a hydro-electric power plant that channels some of the Zambezi’s torrent through enormous turbines to generate continuous, clean electricity. More […]
https://rbfirehose.com/2025/03/28/bbc-bitcoin-in-the-bush-the-crypto-mine-in-remote-zambia/
Crypto Market Update: Ethereum Pectra live, Cosmos tests IBC, BitBoy jailed, US eyes BTC reserves.
#Bitcoin #Ethereum #IBC #BitBoy #Crypto #BitcoinReserves #CryptoMining
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