Watch Out for This Cryptojacking Botnet That Steals Data From Its Victims

The threat intelligence team at Cisco Systems discovered a new cryptojacking botnet named “Prometei.” This botnet both mines Monero (XMR) and steals data from the targeted system. According to the paper sent to Cointelegraph, the botnet has been active since May. It relies on 15 executable modules to recover administrator passwords from the infected computer. Password validity is verified by sending them to a control server connected to other networks. Once the malware has obtained access to the user’s administrative rights, it proceeds to record all data contained within the…

Bitcoin Breakout on July 22? 5 Things to Watch for BTC Price This Week

Bitcoin (BTC) price begins a new week ranging north of $9,000 as it awaits cues from macro markets — what could be in store for the coming days? Cointelegraph takes a look at the major factors that could impact the BTC price this week.  BTC compression nears its end Equities led a somewhat uneventful start to the week’s trading, with major stocks futures slightly down on the day — by a maximum of 0.6% at press time. Bitcoin likewise had a quiet weekend, with volatility remaining negligible and a narrow…

China Stocks Boom Bullish for Bitcoin? 5 Things to Watch This Week

Bitcoin (BTC) begins a new week testing increasingly weak $9,000 support, but what factors could make or break price performance? Cointelegraph Markets takes a look at the main things traders should focus on in Bitcoin for the coming five days.  Stocks recover led by China  Stock market futures showed a mixed but overall stronger mood going into Monday. Data, notably last week’s better-than-expected United States employment figures, helped to buoy the mood. Stocks continue to rise, with Chinese stocks booming, despite the rapidly increasing spread of coronavirus. China’s FTSE A50…

The Five Most Malicious Ransomwares Demanding Crypto to Watch Out For

As interconnectivity turns the world into a global village, cyberattacks are expectedly on the rise. According to reports, the tail end of last year saw a spike in the average amount of payments made to ransomware attackers, as several organizations were forced to pay millions of dollars to have their files released by malware attackers. Apart from the fact that the current pandemic has left many individuals and corporations vulnerable to attacks, the notion that cryptocurrencies are an anonymous and untraceable payment method has led many ransomware attackers to demand…

Calm Before The Storm? 5 Bitcoin Price Factors to Watch This Week

Bitcoin (BTC) begins a new week trading in a familiar corridor below $10,000 — will it stay there or is volatility actually incoming? Cointelegraph Markets’ weekly newsletter gives you five factors influencing Bitcoin’s price performance in the coming days. Stocks recover from coronavirus worries The start of this week marks a clear contrast from last Monday. Concerns over coronavirus have faded and with it stock market volatility.  Overall conditions on stocks futures remain uncertain, yet more stable compared to seven days ago.  With that, Bitcoin managed to avoid sudden moves…