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What two factors caused CoinHive to become economically inviable?
The over 50% drop in hash rate following the last Monero (XMR) hard fork and the significant drop in the cryptocurrency market, with the value of XMR slumping over 85% within a year. -
What is cryptojacking?
Cryptojacking is the unauthorized use of someone else’s computer to mine cryptocurrency. Hackers do this by either getting the victim to click on a malicious link in an email that loads crypto mining code on the computer or by infecting a website or online ad with JavaScript code that auto-executes once loaded in the victim’s browser. -
What was the #1 most-wanted malware for 2018?
Coinhive was identified as the #1 most-wanted malware for 2018, marking its 13th consecutive month at the top spot. This was primarily due to its association with cryptojacking activities.
