Cryptocurrency Q&A
What is cryptojacking code?
What is cryptojacking code?
RainbowlitDelight
Thu Aug 08 2024
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5 answers
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Could you please elaborate on what cryptojacking code is? I'm curious to understand how it works and what its potential implications are. Is it a type of malware that secretly mines cryptocurrency on a user's device without their knowledge? And if so, how does it manage to do so without being detected? Additionally, what steps can individuals take to protect themselves from cryptojacking attacks?
5 answers
Sara
Sat Aug 10 2024
In February 2018, a significant cybersecurity incident occurred involving the Los Angeles Times' Homicide Report page. The incident involved the discovery of cryptojacking code, a malicious practice where unauthorized cryptocurrency mining is conducted on a user's device.
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GangnamGlitzGlamourGloryDays
Fri Aug 09 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services to cater to the needs of cryptocurrency enthusiasts and traders. These services include spot trading, which allows users to buy and sell cryptocurrencies at current market prices, as well as futures trading, which enables users to speculate on the future price of cryptocurrencies.
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Chiara
Fri Aug 09 2024
The cryptojacking code in question was embedded within the website's source code, rendering it invisible to the average user. The code was designed to harness the computing power of visitors' devices to mine for a popular cryptocurrency.
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Raffaele
Fri Aug 09 2024
The cryptocurrency in question was Monero, a privacy-focused digital currency known for its anonymity and security features. The use of Monero in cryptojacking operations is common due to its ability to evade detection and make transactions difficult to trace.
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CryptoPioneer
Fri Aug 09 2024
The cryptojacking code was created by Coinhive, a legitimate cryptomining service that allows website owners to monetize their traffic by offering visitors the option to mine for cryptocurrency in exchange for access to content. However, in this case, Coinhive's technology was used maliciously without the knowledge or consent of the Los Angeles Times.
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