Cryptocurrency HACKERS use YOUTUBE to target computers for bitcoin and ripple mining - bluebebo

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Monday, January 29, 2018

Cryptocurrency HACKERS use YOUTUBE to target computers for bitcoin and ripple mining


Hackers are using youtube ads to mine the digital currencies with a malware attack called CRPTOJACKING ,the issue was noticed last week when users reported their anti – virus software  was blocking certain ads on youtube for containing mining code called coinHive.
Hackers use youtube viewers to carry out the mining process of cryptocurrency. The code used about 80 percent of the viewers cpu power to generate digital currency for anonymous hackers, where the user have no idea about that.


Meanwhile, a Google representative is quoted as saying in the report, “Mining cryptocurrency through ads is a relatively new form of abuse that violates our policies and one that we’ve been monitoring actively. We enforce our policies through a multi-layered detection system across our platforms which we update as new threats emerge. In this case, the ads were blocked in less than two hours and the malicious actors were quickly removed from our platforms
The cryptocurrecny valued at a price of $20,000 per bitcoin in December and now the price has a very big percentage of lose price at $11,000 . hackers use the victims computer processing power to mine cryptocurrrency directly from users computer. 
Cryptojacking was effected by users in countries like japan , france, Italy, Taiwan and spain.

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