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Researchers are calling this new malware a triple threat for crypto users

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Cybersecurity experts at ESET published an in-depth study about a new malware named “KryptoCibule.” This exploit specifically targets Windows users with three methods of attack, including by installing a crypto mining app, directly stealing crypto wallet files, and replacing copy/pasted wallet addresses as a means to hijack individual transactions.

According to the cybersecurity firm, KryptoCibule’s developers rely on the Tor network and BitTorrent protocol to coordinate the attacks.

The malware’s original incarnation first appeared in December 2018. At that time, it was merely a Monero mining utility that quietly harvested user’s system resources to generate the currency. By February 2019, KryptoCibule had evolved to include ways to exfiltrate crypto wallet files from victim machines. Since then, the malware has added a third dimension to its attack base with the inclusion of kawpowminer — an application that mines Ethereum (ETH).

ESET telemetry revealed that victims have been actively downloading infected torrent files which contain KryptoCibule via a file-sharing site named Uloz. Most appear to be located in the Czech Republic and Slovakia.

The researchers noted that, despite its age, the malware “doesn’t seem to have attracted much attention until now”:

“Presumably the malware operators were able to earn more money by stealing wallets and mining cryptocurrencies than what we found in the wallets used by the clipboard hijacking component. The revenue generated by that component alone does not seem enough to justify the development effort observed.”

Cybersecurity firm Symantec noted in August that Blockchain assets began surging in price following the March crash, claiming that this triggered a new wave of cryptojacking attacks.



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BTC, ETH, XMR, XEM, AAVE

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December is proving to be another blockbuster month for Bitcoin as the flow of institutional investors injecting funds into Bitcoin continues to increase.

Business intelligence firm MicroStrategy announced that it had raised $650 million worth of convertible bonds at a rate of 0.75% due in 2025. The company now plans to invest the net proceeds in Bitcoin after identifying its “working capital needs and other general corporate purposes.” 

When institutional investors show such a large appetite to buy Bitcoin (BTC) near the all-time high, it is no surprise that the corrections have been shallow.

Tyler Winklevoss said in a recent interview with CNBC that institutional investors are worried about the “oncoming inflation and the scourge of inflation with all the money printing and the stimulus from the COVID pandemic lockdowns.” Hence, they have been putting money into Bitcoin.

Crypto market data daily view. Source: Coin360

Today, Bitcoin price surged back above the $19,000 level and it may challenge the psychological $20,000 resistance. If this level is broken out with conviction, it may create FOMO among retail traders as many have not participated in the current rally.

If money from retail investors also starts gushing in, then Bitcoin could pick up momentum and start the next leg of the up-move.

Along with Bitcoin, there are a few altcoins that may participate in the up-move next week. Let’s study the charts of the top-5 cryptocurrencies in order to spot the critical support and resistance levels to watch out for.