Hackers Using Monero Mining Malware as Decoy, Warns Microsoft
Crypto-jacking is giving nation-state hackers a decoy for their more malicious attacks, Microsoft cautioned in a report.
Users in China can set up on AWS to "farm" Chia's XCH cryptocurrency.
A Beijing municipal bureau sent an emergency notice to local data centers, asking about crypto mining operations.
The group's goal is net-zero greenhouse gas emissions from crypto miners by 2040.
Tightening regulations have unnerved some crypto miners in China.
Former directors of Canaan Inc. are investing in the Shanghai firm and will help launch its new mining subsidiary.