Cryptocurrencies are a blessing.
Well, to those who understand how they work and is willing to take the risk, that is.
With the recent hike in bitcoin prices, we see more and more people investing in bitcoin and altcoins daily. Honestly, it’s one of the reasons why I can make a living writing articles, you know.
Hey, I’m not telling you to invest in cryptocurrencies. The risks are present, as with all forms of investments.
However, be warned that bitcoin prices are very unstable.
Like, way unstable than the crazy cat lady in your neighbourhood. One moment you might be earning hundreds, and losing thousands the next.
(Oh hey, bitcoin went down. My altcoins are probably earning money now)
Anyway, my editor decided that since I know a little bit about cryptocurrencies, I should be the one to write this article.
Apparently, in an attempt to mine for bitcoins, hackers are now infecting computers with a new form of malware, turning your computer into mining machines.
Mining malware aside, there are also websites out there doing “cryptojacking”. In other words, websites infected with software prompting visitors’ computers to mine for cryptocurrency when they visit the website.
(Don’t you dare tune out yet, I’m just talking about simple stuff)
“Unauthorised cryptocurrency mining and browser-based digital currency mining are concerns to note,” said Mr Douglas Mun, deputy director of CSA’s National Cyber Incident Response Centre.
Visitors who visit infected websites might have their systems compromised and turned into a secret mining camp.
Yeah, for all you know, your computer is working for another master as we speak.
In case you think that you should be safe as long as you don’t visit dubious websites…
“Some are very legitimate websites, like CBS’ Showtime or soccer star Cristiano Ronaldo’s official webpage,” said David Maciejak, Fortinet’s director of security research.
“Unauthorised mining is a new threat that can… cause a user’s system to suddenly and unexpectedly slow down, sometimes significantly, when visiting a website,” said Mr Vicky Ray, principal researcher at network security firm Palo Alto Networks.
Does the internet scare you yet? If not, here’s how you access the deep w-oh wait, I almost got sidetracked again. Whew.
So, if you feel like your computer system is slowing down for no apparent reason, it’s time to close the browser and get your computer checked.
That being said, do remember to install your anti-virus software and keep your firewalls up at all times. Most importantly, do not click on suspicious links.
Now, it’s time for me to keep an eye on my investments.
Since you’re here, why not watch a video about an NTU student who went all out to impress his crush, only to end up in…tragedy? Here, watch it and do remember to share it (and also subscribe to Goody Feed YouTube channel)!
This article was first published on goodyfeed.com
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