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Trend Micro: Linux Malware Targets Huawei Cloud

Researchers at Trend Micro have discovered threat actors deploying malicious code that targets Huawei Cloud and removes defensive applications and services. The ....

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Canadian EV Maker Unveils World's First Crypto-Mining Car

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Canadian EV Maker Unveils World s First Crypto-Mining Car
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China's Inner Mongolia escalates crackdown on cryptomin

China's northern region of Inner Mongolia escalated a campaign against cryptocurrency mining on Tuesday, publishing draft rules to root out the b ....

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Iran Devises Way to Convert Oil to Bitcoin

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May 25, 2021
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Iran is using its abundance of oil to generate electricity that powers a massive bitcoin cryptomining operation that enables the country to turn its greatest natural resource into money, offsetting some of its income lost as a result of U.S. and EU economic sanctions that ban imports from the country, according to cryptocurrency analysis firm Elliptic.
Iran is home to about 4.5% of the world s bitcoin mining operations, and some of them are operated by Chinese firms, Elliptic says. Since 2019, these operations have generated hundreds of millions of dollars in revenue for Iran, which the country has used to buy goods and services that the economically strapped nation could otherwise not afford. ....

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