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FIU Team Develops Tech to Detect Illegal Bitcoin Mining

Engineer Selcuk Uluagac and his team have developed software to detect cryptojacking—“mining” Bitcoin and other cryptocurrency by tapping into computers owned by individuals and businesses. The software is named after Minos, a character from Greek mythology. It detects cryptojacking in real-time with 99% accuracy.

“We are one of the first in the world to identify cryptojacking,” says Uluagac. “As Bitcoin technology becomes more prevalent, we will need these types of protections. We are becoming a hub for Bitcoin, so it’s very important that we understand the dangers that come with this and what we can do to solve these problems.”

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