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cryptocurrency, egypt, government, mining, secret, secretly -

According to a new report by security researchers at the University of Toronto, the Egyptian government or its affiliated institutions have hijacked the connections of local Internet users to the secretly mine cryptocurrencies “en masse”. The evidence of this kind of intrusion by a nation-state is “the stuff of legends”, the researchers say, because the techniques are particularly difficult to detect.   Sponsored   University Citizen Lab researchers identified a scheme they call “AdHose”, which secretly redirects Egyptian Internet users’ web traffic to malware that uses their computer to mine the Monero cryptocurrency or display ads. AdHose relies on hardware installed in Telecom Egypt’s...

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behind, binance, blockchain, conference, connect, cryptocurrency, exchange, huobi, kraken, okex, quoine, san francisco, scenes, secret, secrets, strategy -

The following article is based on insights from the Blockchain Connect Conference in San Francisco. Included in this exchange panel are exchange CEO’s Chris Lee (OKEX), Jesse Powell (Kraken), Mike Kayamori (Quoine), Chief Strategy Officer Kailong Cai (Huobi), and Head of International Markets Ted Lin (Binance Exchange). Cryptocurrency Trading Demographics The US, Japan, and China are major cryptocurrency markets. The average trader is male in their 20s and 30s, with females and other extreme age groups entering the market. OKEX: “30% of all Koreans are trading crypto.” Huobi: 70% of customers come from China, a lot from Japan, but not much from...

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