Cryptocurrency News Today: Moonday Mornings: Elon Musk and John McAfee cryptocurrency scams are back
Let’s get to it.
1. Security researchers from Trend Micro have uncovered a new type of Cryptocurrency mining botnet. The malware targets Android devices by exploiting a debug port normally used by developers to fix defects in apps, CoinDesk reports. So far, 21 countries have been hit, with South Korea the worst affected.
2. Israeli police arrested two brothers in connection with the infamous 2016 hack of cryptocurrency exchange Bitfinex, local news reports. Israeli police told Finance Magnates that the pair is believed to have pocketed “tens of millions of dollars.” The case is currently ongoing.
3. Security researchers note there’s an increase in Cryptocurrency giveaway scams, Bleeping Computer reports. Scammers impersonate the likes of Elon Musk or John McAfee, and promise free Bitcoin in exchange for a small investment to “verify your address.” In one instance, scammers appear to have netted nearly $5,000 worth of Cryptocurrency. It’s starting to look like 2018 all over again.
4. As the Blockchain industry continues to grow, skills gaps are beginning to appear. To address the shortage