Cryptojacking, ICO exits, scams, malware and thefts - outrageous amounts of cryptos have changed hands through illicit activity.. Published · By Business Of Crypto · Guest post by Business Of Crypto
If there is one question in the history of Bitcoin that cannot be answered with anything more than an estimate, it is the problem of how much of Bitcoin’s supply is actually ever available on the market. How much is locked up in wallets with lost keys, and how much is set to cool off for a few years because it was stolen?
As for the stolen crypto, the estimates are somewhat easier to make than for the cryptocoins that are “burned” and never to be moved again. According to Jameson Lopp, over 35% of Bitcoin’s supply has changed its owner in a heist - an estimate that draws from data on known cryptocurrency thefts and hacks.
With some alternative cryptocurrencies that are focused on anonymity more than the pseudonymous Bitcoin, the statistics get even more mind-blowing. According to one study, over 4% of Monero’s total supply is currently held by cybercriminals and hackers. At the price level on the day of publishing, that corresponds to over 37 million USD.
It’s no wonder that through 2018, cryptojacking became the most popular way to monetize cyber exploits. Cryptojacking, or illicit crypto mining, is done particularly easily for Monero and similar cryptocurrencies that have mining optimized for some form of ASIC-resistance. The original aim of that was to allow for wider community participation in mining by making it less profitable to use special single-purpose integrated circuits rather than your everyday ordinary laptop or phone.
The unintended but now prevailing effect is that cybercriminals can easily monetize access to any kind of infrastructure that has some spare disk space and memory - that’s practically any laptop or phone, but the juiciest plunder are the corporate ones as these usually have more available resources.
With cryptojacking, the owners or maintainers of the infected device typically have no idea there is a miner operating, and more sophisticated cryptojacking campaigns have developed various optimizations to stay under foot for as long as possible.
There are new ways of how malwares spread developed every day and the baseline of the cheap commodity malware you can buy for a couple of bucks is becoming more advanced every day.
It is safe to say that the malware industry has fully integrated the use of cryptocurrencies and is currently the most thriving cryptocurrency application.
BitMEX (10% fee off) @ bit.ly/melancholic-100x
TradingView (~ 50% off in BTC) @ bit.ly/tradingview-moon
Conbase (no offer but you still click this lol) @ bit.ly/plebtier
EthFinex (NEC token rebates for MM) @ bit.ly/ethfinex
TensorCharts @ bit.ly/tensor-charts
Upcoming and current airdrops 2019
|Name||Date||How to access||Official URL||Additional Info|
|Greencoin Airdrop||Until 15 May 2019||Greencoin Team has decided to give away 500 000 GNC worth 150k USD in total. Simple social media tasks - twitter follow, medium follow etc - each pays 200 GNC each.||join||web|
|Bethereum Prize Pool||Until 1 June 2019||Bethereum, the betting platform on ETH, is giving away free bets with the chance to win prizes from a pool worth 12M Bether. Upon signup you get enough points to make your bets, and you can wager on sports and esports.||join||web|
|FanEspo Big Competition (ERC20)||Limited||The eSports platform FanEspo is giving away the total of $1.6 million of tokens in contests. Top winner's prize is over $100K worth. You need to have a FanEspo account, the tokens you get are beta but they will be transferred into real tokens upon launch. Estimated value is 1 USD per token.||details||make acct|
|BlockWage Airdrops + Bounties||Recurring||Platform for freelancers marketplace. Airdrops randomly announced via Discord, there's also the possibility of Masternodes.||join||web|
|DSTRA / $DST Discord Airdrop||Biweekly||DSTRA is PoS Scrypt Masternode coin with limited supply that will be used in DEX environment and marketplaces. There are airdrops every two weeks, users need to register via discord. Regular payouts verified.||discord||rules|
|HubrisOne Airdrop Round + Bounties||Weekly (16 weeks of airdrops, each weekly round starts on Tue)||HubrisOne is a UK financial service that offers personal and business crypto-friendly bank accounts and crypto-fiat cards. The easiest way to get the token is to download their banking app, which gives you 1000 tokens (10 USD) but there is a massive bounty campaign with weekly payouts. The work ranges from social media engagement or Bitcointalk signature to content creation, all must be properly reported. New round starts every Tuesday, but on other days they publish random airdrops on their Twitter.||airdrop, bounty||twitter (more drops)|
|BitcoinLux Bounty||From 28 March 2019||A project that requires you to install their wallet, be vigilant here. Drops coins for blog or social media shilling.||details||web|
|SiQs Bounty||As available||New smart-contract based marketplace for freelancers. Pre-alpha minimum product available, just as litepaper and wallets for Linux and Windows (sadly not paper, so be vigilant). Runs on PoS / MN. Join discord for airdrops.||discord||wallets|
|Synchrotron / $STC Airdrop #15||30 weeks of airdrops (Airdrop #15 starts 25 March 2019)||Hybrid PoW/PoS payment cryptocurrency. The team drops 72% of supply (18 MM coins) during 30 weeks of airdrop campaign; there is additional budget for bounties. The bounties are announced on discord server. Each airdrop round runs from Monday 10AM UTC to Friday 10PM UTC. Validation runs weekends and distribution Mondays. You need to download a $STC wallet.||drop rules in this thread||info|
|Cargo Coin Bounty||Weekly||Cargo Coin, a token for transport & logistics with an ICO past the soft cap by now, is having a weekly extensive bounty. It spans from simple retweets to YouTube reviews - make your bounty hunter account and pick your poison.||join||info|