Cryptojacking is not a new phenomenon. The mining process is expensive, and the equipment costs a lot of money. That’s why criminals always try to find new ways for cryptocurrency mining with the help of capacities of millions of devices – computers, laptops and even smartphones. Such businesses are operated not only by those who want to enrich themselves exclusively by cryptocurrency mining, but also by large projects such as torrent trackers, popular websites with torrents, websites with video content for adults, websites with online films watching. You be infected with such a miner in several ways.
Cryptocurrencies are not impacted either by inflation, or by political and economic situation. That’s why long ago they have become an attractive tool for large players in investment sphere. In addition to the classic hedge funds (investment funds aimed to increasing the investor’s capital, giving it to the trust management of the fund), similar cryptocurrencies funds, which works using the same principles, began to appear.
Let’s try to understand, why Brian Krebs is called “principal defender of the Internet”? How he has survived during the most massive DDoS-attack in the history? Why Special Forces has searched heroin in his house?
On July 4 at night, a large exchange market Binance stopped all the trading transactions because the price of Syscoin token has rocketed in 2.4 million times in a couple of seconds. At the peak moment, its price was $ 624,000. What was it: pump or system failure? Let’s clear it up.
Nowadays, there are many cryptocurrencies that may be interesting to investors, traders and funds. Taking this fact into account, not all currencies can be presented on the same exchange market and, as well, their rates can differ significantly. All this results in a problem of cryptocurrency portfolios accounting: there can be many different currencies in the portfolio; they can be located on different exchange markets. That’s why it is rather difficult to get immediately the evaluation of current financial status, profitability rate of a particular currency and on the portfolio in common.