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Strategies & Market Trends : Currents of Currency

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To: Ahda who wrote (565)	1/8/2018 11:25:00 AM
From: Ahda	of 594

From Wiki The feasibility of CPU mining Monero has made it viable for malicious actors to covertly distribute miners embedded in malware, utilising the victim's hardware and electricity for the financial gain of the malware developer.[6][29] The JavaScript implementation of Monero miner Coinhive has made it possible to embed the miner into a website in such a way to utilise website visitor's CPU to mine the cryptocurrency while the visitor is consuming the content of the webpage. While this can be done with user's consent in an effort to provide an alternative funding model to serving ads,[30] some websites have done this without informed consent which has prompted the in-browser miners to be blocked by browser extensions and ad blocking subscription lists.[29][31] Monero is sometimes employed by Bitcoin users to break link between transactions, with bitcoins first converted to Monero, then after some delay, converted back and sent to an address unrelated to those used before.[10] Researchers have reported that the operators behind the global ransomware incident WannaCry have converted their proceeds into Monero. It is also the preferred payment method of choice for The Shadow Brokers.[4]

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