Bitcoin Latest Scam: Cryptojacking
This article is going to talk about Bitcoin and Cryptocurrency. Now, cryptocurrency is view as an asset which is very valuable and high liquidity. The rich like to trade cryptocurrency because of his decentralized system. They can easily manipulate the market of cryptocurrency and they can set a value for the currency. Basically they are controlling the market. Because of its value people are trying to get more of these as it is valuable. Same as hackers, there is a latest scam was invested by those hackers. Bitcoin can be mined. Watch this article and know how those hackers can get your bitcoin.
Cryptojacking is hackers use of somebody else phone, iPad or laptop to mine cryptocurrency. They do not need to hack into your Bitcoin wallet. Hacker can easily get access to your electronic appliances and steal your CPU power to start mining for themselves. They can do that by simply sending you a link through email, Facebook, Instagram and so on. That why we shouldn’t click on the link that is sent by strangers. It will be very hard to detect if your phone, CPU and laptop got cryptojacking because it shows only one symptom which is lagging continues. It might seem normal to you because you think that the phone is “ageing” but your electronic appliances are secretly working for others.
Hackers only need to bait you into ads and have you clicking inside. The coding that already written by him will automatically run and that is it. He will just let his computer to do his work. He does not require to sit in front of the computer working every day. It also did not require a skilful hacker to do so. Even though it sounds so good but cryptojacking is illegal! It is against the law of Bitcoin regulations. Hacker likes to mine cryptocurrency coin such as Monero compares to bitcoin as monero community is less active than bitcoin community they did not want to get caught so fast.
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