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New cryptocurrencies offer better anonymity, new security challenges

Bitcoin remains the currency of choice for ransomware payments because its easier for the public to acquire. Bitcoin is a mature and crowded ecosystem, and miners typically need specialized equipment to make any money. Monero cryptojacking is easier to carry out than Bitcoin mining. Seven of the top eight domains are for Monero, while only one is for Bitcoin, says security expert. Cryptojacking turns devices into cryptocurrency-mining botnets, which can run in JavaScript on a user’s computer.”]

Source: https://www.csoonline.com/article/3252233/new-cryptocurrencies-offer-better-anonymity-new-security-challenges.html

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