Another case of “cryptojacking” was detected on YouTube and resolved by Google over the course of this week, Ars Technica reported Friday, Jan. 26. According to the report, anonymous hackers have managed to run ads on YouTube that consumed the visitors’ CPU power and electricity in order to mine cryptocurrencies for the attackers.
Tether is owned by a trading company named Bitfinex which has recently come under scrutiny by a blogger identifying themselves as Bitfinex’d.
The user has detailed in posts, tweets and YouTube videos that tether has been plucked from thin air to boost the value of bitcoin.
The report went on: “Tether printing moves the market appreciably.
“48.8 per cent of bitcoin's price rise in the period studied occurred in the two-hour periods following the arrival of 91 different tether grants to the Bitfinex wallet.
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