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Monero [XMR] mining malware hijacks Brazil: Claims 200,000 victims

Gautham Kadri

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Routers in Brazil Hijacked: Deadly Mining Malware on loose!
Source: Pixabay

On the 3rd of August, a group of Brazilian systems were infected by a malicious software that targets a specific brand of routers for its activities. This was discovered by, Simon Kenin, a TrustWave researcher who said that the router MicroTik is being targeted and over 200,000 routers were secretly programmed for mining Monero [XMR] across the country.

The cybercriminals were able to hack their way into the system using a malevolent code that covertly runs coinhive in the backend. In the case of Monero, it uses CPUs and coinhive, a very well-known Monero mining script, it is globally utilized to mine coins. This also makes it easier to hack systems.

Sources from Forbes state that this was possible due to a small microchip located inside the router that is similar to that of any hand-held device. This Microchip is not very strong but is still capable of doing more than just connecting a user to the web or enabling WiFi services.

Furthermore, although mining activities do not pose a threat to crypto-users or their accounts, it can seriously degrade a computer and significantly reduce the speed at which a system works. In addition, the risk is greater for handheld devices as it can cause the device to overheat up to a point where it can melt.

Although a patch for this threat was provided by the manufacturer in April, many routers were not updated.

In his analysis, he said:



“Let me emphasize how bad this attack is, there are hundreds of thousands of these devices around the globe, in use by ISPs and different organizations and businesses, each device serves at least tens if not hundreds of users daily.”

Simon states that mining has become a trend in the crypto world and now it appears that using scripts like coinhive have become the latest trend.

He further adds:

“Miners, on the other hand, can be a lot more stealthy, so while a single computer would yield more money from ransomware if the user ends up paying, an attacker would prefer to run a stealthy miner for a longer period of time. The plan being that at some point the mining would be as profitable as, if not more than, the one-time ransom payout.”





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Gautham Kadri is a full time content writer at AMB Crypto. His passion is for writing and interest towards the future of cryptocurrencies and blockchain technology. He does not hold any form of crypto currencies presently.

Bitcoin Cash

Bitcoin Cash [BCH] rolls out iOS version of Bitcoin Cash Register

Rishi Raj

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Source: Pixabay

Bitcoin Cash [BCH] recently made headlines when the CEO of Bitcoin.com, Roger Ver got involved in a bet of $10,000 with Tone Vays, a popular Bitcoin maximalist which the former lost. After launching a free point-of-scale solution, Bitcoin Cash Register for Android operating systems, Bitcoin.com and its developers have rolled out an iOS version of the same.

Bitcoin Cash register allows anyone with an Android or iOS device to accept BCH payments. This came as a part of the company’s agenda to promote the adoption of crypto in the mainstream. With the installment Bitcoin Cash Register, it would be easier for retailers to accept BCH as payment from customers.



As reported by Bitcoin.com, Bitcoin Cash Register claims to be easy to use without any prior account registration and the transactions are carried out in a non-custodial manner. This was confirmed by Bitcoin.com via a tweet:

The bet between Roger Ver and Tone Vays regarding the low transaction fee had left the social media divided, with proponents on both sides arguing about the authenticity of the bet and factors taken into consideration while betting.





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