Chinese Cybersecurity Firm Qihoo 360 Says It Has Built Crypto Mining Monitoring Software to Support Crackdown

Chinese Cybersecurity Firm Qihoo 360 Says It Has Built Crypto Mining Monitoring Software to Support Crackdown
Chinese cybersecurity giant Qihoo 360 said in a WeChat post on Tuesday that it has built a system to monitor crypto mining operations, which will assist the government’s crackdown on the industry.The monitoring system is aimed at government agencies and companies that want to comply with China’s latest crackdown on crypto mining. The software can provide miners’ IP address, geographical location, network type, connection frequency, and suggest methods of how to dispose of them, Qihoo 360 said.Last week, Chinese users could not connect to some of the world’s largest mining pools due to DNS poisoning. This type of attack means…