New Malware Targets BTC Addresses by Hijacking Windows Clipboard

New Malware Targets BTC Addresses by Hijacking Windows Clipboard

New malware which has recently been reported to gain control of Windows clipboard in order to swap out Bitcoin addresses. It’s already monitoring 2.3 million targets as reported by Bleeping Computer tech portal on June 30.

The malware which is known as a “clipboard hijacker” threat, secretly gains control of the victims computer memory and runs in the background to ensure the users do not notice his presence. It then proceeds to replace Bitcoin addresses that the user has copied on their clipboard with the addresses of the attacker, which the user unknowingly paste and sends their coins to.

Bleeping Computer explains, unless the user double checks the pasted address, they have no idea that the swap took place”. Bitcoin users face a variety of hardware vulnerabilities including Windows PCs, android smartphones, and other devices.

Staying up-to-date with the latest antivirus software is currently a users main defense against this problem, along with double checking destination Bitcoin addresses before transfers.

Monero Mining Malware Found on Apple Macs

Monero Mining Malware Found on Apple Macs

A Mac-based, Monero cryptojacking malware was reported this past week on Apple forums. This malicious software privately runs on the victims computer and mines the privacy coin Monero utilizing a background executable file.

Malwarebytes Labs reported the discovery when a user notice that a process by the name of “mshelper” assumed a large amount of CPU time on their computer. The user also stated that the notice this malware running after installing BitDefender.

One helpful reader of the Apple forum was able to suggest an anti-malware program called Etrecheck which identified the malware and allow victims to remove it.

Malwarebytes Labs stated that the suspicious process was installed by a “dropper” program. These programs often install decoy documents which users will mistakenly open or download from pirated sites.

Researchers found a launcher file called “pplauncher” which likely had root privileges.  The purpose of this file was to install and begin the mining process. This mining software uses an overhead of more than 23,000 tasks and is fairly easy to spot due this substantial amount of cpu resources.

Researchers at Malwarebytes state that the mining malware is not dangerous unless the users Mac has clogged vents or a damaged fan which can result in computer overheating.

The Pirate Bay Is Using Visitors’ Computers to Mine Monero Again

The Pirate Bay Is Using Visitors’ Computers to Mine Monero Again

The notorious torrent index site The Pirate Bay has resumed using users’ CPU to mine Monero (XMR) on their website.

On July 4th, The Pirate Bay added a disclaimer at the bottom of their website which stated:

“By entering TPB you agree to XMR being mined using your CPU. If you don’t agree please leave now or install an adBlocker”

The Pirate Bay conducted a one-day trial back in September to test out mining Monero using visitors CPU’s. The website utilized a tool called Coinhive which allowed developers to include a simple script which would then use the website user’s CPU to perform mining which utilizes a significant portion of resources. Since October, The Pirate Bay has started using crypto-mining alongside advertisements on their website.

Although several users have claimed that they do not mind mining to support the website and viewed it as a healthy alternative to obstructive advertising, The Pirate Bay has been criticized for using resources without the consent of the user and has then suspended mining. Crypto-mining via the browser can cause a decrease in performance and can subsequently heat up the computer. It could also affect the longevity of the CPU.

Although there have been websites which use tools like Coinhive as a legitimate alternative to advertising while limiting the amount of CPU resources they use, Crypto-mining malware has become a lucrative option for hackers. Government websites, Automobile manufacturer Tesla and sites like Politifact have all fallen victims to such attacks. Users are advised to install extensions such as NoCoinand uBlock Origin to protect themselves from such malicious scripts.

Kaspersky Lab, a Russian cybersecurity firm, stated that there has been a significant shift from ransomware-related attacks to crypto-mining malware. The report stated that there has been a decline of 30% in ransomware whereas crypto-mining related malware increased by about 44.5% in a single year.

It is believed that the reason for such a massive shift was the fact that crypto-jacking was more discrete and profitable compared to ransomware leading to a massive increase in crypto-mining malware targeting both PC’s and mobiles.

In a similar research conducted by McAfee, an American cybersecurity company, it was revealed that crypto-mining related attacks increased by 600 percent in the first quarter of 2018 alone. Steve Grobman, CTO of McAfee, stated “With the rise in the value of cryptocurrencies, market forces are driving criminals to crypto jacking and the theft of cryptocurrency.”

Kaspersky Labs Reports “Cryptojacking” As #1 Threat over Randsomware

Kaspersky Labs Reports “Cryptojacking” As #1 Threat over Randsomware

Kaspersky Labs recently released a cyber security report that notates a significant decline in ransomware as compared to the growing increase of crypto jacking in a recent report published on June 27.

The report seeks to answer the question, “who wears the new threat crown within the cyber crime  world”. Crypto miners were recently able to gain popularity due to their discrete and modest way of making money utilizing user’s computer processing power.

According to the Kaspersky Lab report, which compared data from April-March of 2017 with data from April-March of 2018, a 30% loss in the amount of ransomware was found as opposed to a 45% gain in the amount of crypto mining attacks. The total amount of internet users affected by these crypto mining attacks are up to around 2.7 million.

Instead of using a one off payment achieved with ransomware, cyber criminals are now employing secret mining software that can benefit from stable and continuous flow of cryptocurrency funds.

Another cyber security report released this week from McAfee Labs notates that the use of crypto malware rose 629% in the first quarter of 2018, compared to the previous quarter in 2017.

The Kaspersky Labs report also notes that newer ransomware is requesting funds in Bitcoin, in exchange for unlocking infected computers. This being a significant change as opposed to fiat currency requests which was the typical means of payment last year.

Apple Changes Guidelines for Cryptocurrency Wallets and More

Apple Changes Guidelines for Cryptocurrency Wallets and More

Apple recently changed their cryptocurrency guidelines within their iOS and MacOS app stores. The company expanded their cryptocurrency guidelines to include several key inclusions that are specific to wallet storage and crypto mining for apps within the Apple store.

In order to prevent iPhones from prematurely draining batteries or computing power, Apple has now forbid all app developers from including third-party advertisements that run cryptocurrency mining software. This news comes after many reports of “crypto jacking” which have been plaguing the crypto sphere lately.

Cryptojacking refers to a malware attack where malicious attackers hijack a computer or smartphone’s computing power in order to mine cryptocurrency. This tends to be a growing menace as of late.

Other Policy Changes

Apple has also banned any app that mines cryptocurrency altogether, as to not inflate the processing power of iPhone devices or inherently drain the lifespan of their batteries.

Other policy changes include allowing apps to facilitate crypto transactions on an “approved exchange”, provided that the exchange offers the facilitation of cryptocurrency.

Lastly, Apple has mandated that their apps do not offer cryptocurrency as rewards to users for completing certain tasks like downloading other applications or encouraging users to post on social media networks.

Leave a Comment

Latest Crypto News

CoinMarketCap Removes Volume Requirement for Cryptocurrency Exchanges

CoinMarketCap Removes Volume Requirement for Cryptocurrency Exchanges

CoinMarketCap Removes Volume Requirement for Cryptocurrency Exchanges CoinMarketCap, the cryptocurrency data aggregation site, recently removed their volume requirements for crypto exchange listings on their platform, citing data transparency and clarity concerns. The giant cryptocurrency portal

JPMorgan Wants to Use Blockchain to Issue ICO Tokens

JPMorgan Pursues Blockchain Patent to Issue ICO Tokens

JPMorgan Pursues Blockchain Patent to Issue ICO Tokens American investment banking giant JPMorgan Chase is pursuing a patent for a distributed system that uses blockchain technology to issue virtual depository receipts that sound suspiciously like

IBM Backs Dollar Pegged Stablecoin on Stellar Network

IBM Backs Dollar Pegged Stablecoin on Stellar Network

IBM Backs Dollar Pegged Stablecoin on Stellar Network The San Francisco-based financial institution, Stronghold, has been developing a trade-in payment ecosystem which is launched an asset backed token on the stellar network. Buyers will be

The Fastest Cryptocurrency Transaction Speeds for 2018

The Fastest Cryptocurrency Transaction Speeds for 2018

The Fastest Cryptocurrency Transaction Speeds for 2018 The development of blockchain technology and cryptocurrency in general have everything to do with the inadequacies of the current financial system. Consumers are sick and tired of the

Wells Fargo Files Patent for Tokenization System to Protect Data

Wells Fargo Files Patent for Tokenization System to Protect Data

Wells Fargo Files Patent for Tokenization System to Protect Data San-Francisco-based bank Wells Fargo has outlined a patent for a tokenization system that would protect data, according to a filing published by the U.S. Patent and Trademark Office (USPTO)

Bitmain Opens 20,000 Square Foot Office in Silicon Valley

Bitmain Opens 20,000 Square Foot Office in Silicon Valley

Bitmain Opens 20,000 Square Foot Office in Silicon Valley The cryptocurrency industries largest crypto mining company, Bitmain, just opened their new office in Silicon Valley ahead of its planned Initial Public Offering (IPO) later in

Sign Up Below!
Airdroppin the Latest Crypto News, Trading Strategies, Tools, & Reviews



1
Bitcoin
Bitcoin
$7,447.04
1.51%
2
Ethereum
Ethereum
$464.70
1.45%
3
XRP
XRP
$0.4535
0.83%
4
Bitcoin Cash
Bitcoin Cash
$793.48
2.65%
7
Litecoin
Litecoin
$83.638
0.96%
8
Cardano
Cardano
$0.1705
4.82%
6
Stellar
Stellar
$0.2939
5.72%
12
NEO
NEO
$34.190
3.47%
5
EOS
EOS
$8.112
2.11%
9
IOTA
IOTA
$0.9964
0.36%

Crypto Guides & Tutorials

 Crypto Reviews

Subscribe to Our Social Media Daily Crypto Memes
Follow, Like, and Share Our Memes With The World

 

Pin It on Pinterest

Plus Free Crypto Trading Guides, Tutorials, Latest Crypto News,
and Altcoin Reviews. (Coming Soon: Pro Trading Signals)
SIGNUP FOR YOUR FREE
CRYPTO COIN JUNKY
HANDBOOK
DOWNLOAD NOW
We hate spam as much as you do. Unsubscribe anytime.
Plus Free Crypto Trading Guides, Tutorials,
Latest Crypto News, and Altcoin Reviews
(Coming Soon: Pro Trading Signals)
DOWNLOAD NOW
We hate spam as much as you do. Unsubscribe anytime.
SIGNUP FOR YOUR FREE
CRYPTO COIN JUNKY
HANDBOOK
Plus Free Crypto Trading Guides, Tutorials, Latest Crypto News,
and Altcoin Reviews. (Coming Soon: Pro Trading Signals)
SIGNUP FOR YOUR FREE
CRYPTO COIN JUNKY
HANDBOOK
DOWNLOAD NOW
We hate spam as much as you do. Unsubscribe anytime.
Plus Free Crypto Trading Guides, Tutorials,
Latest Crypto News, and Altcoin Reviews
(Coming Soon: Pro Trading Signals)
DOWNLOAD NOW
We hate spam as much as you do. Unsubscribe anytime.
SIGNUP FOR YOUR FREE
CRYPTO COIN JUNKY
HANDBOOK