‘WebCobra’: McAfee Spots Russian Malware Mining Monero and Zcash

‘WebCobra’: McAfee Spots Russian Malware Mining Monero and Zcash

Researchers at computer security firm McAfee Labs discovered a lethal new cryptojacking malware called “WebCobra,” which steals victims’ computing power to mine the cryptocurrencies Monero or Zcash secretly. The spike in cryptocurrency prices has inspired a new wave of cybercriminals, who use malware to cannibalize unsuspecting victims’ computers to mine crypto. Infections Spotted In Brazil,…

Bitcoin Group SE Buys Investment Bank Tremmel

Bitcoin Group SE Buys Investment Bank Tremmel

Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs. Also…