Category: Malware

How to Set up a Bitcoin Paper Wallet

How to Set up a Bitcoin Paper WalletThis article is a step-by-step how-to guide for creating bitcoin paper wallets. It walks through choosing a paper wallet generator, securing the computer environment to use it on, configuring and printing the wallets, cleaning up before and afterward to thwart hackers, and physically securing the wallets. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, […]

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Despite Ban, 25 Google Play Apps Found to Cryptojack Users

Despite Ban, 25 Google Play Apps Found to Cryptojack UsersSophoslabs has published a report in which the company claims to have identified at least 25 Android apps published on the official Google Play store that contain script facilitating the ‘cryptojacking’ of users’ computing resources. Also Read: Google Bringing Back Crypto Ads in US and Japan 25 Apps Containing Mining Malware Identified on Google Play Store […]

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Mining Round-Up: New Bitfury Chip, Anti-Cryptojacking Botnet Discovered

In recent news pertaining to cryptocurrency mining, Bitfury has announced a “suite” of products powered by the company’s new mining chip, a botnet that hunts and destroys XMR mining malware has been discovered by security researchers, and Soluna has announced that it will commence the construction of its Moroccan wind farm in January. Also Read: Weiss […]

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Bitcoin ATMs Targeted by Malware for Sale in Underground Markets

Bitcoin ATMs Targeted by Malware for Sale in Underground MarketsMalware aimed at Bitcoin ATMs is being sold in underground markets, according to Trend Micro security researchers. For $25,000, malware exploiting a service vulnerability allows users to nab bitcoin price equivalent in euros, USD, or British pounds. Also read: Bitcoin’s Hopeful Numbers: 70% Familiar in the United States For $25,000, Bitcoin ATM Malware is Available […]

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Report: North Korea to Hold a Crypto Conference

Report: North Korea to Hold a Crypto ConferenceNorth Korea is reportedly planning to hold a conference devoted to blockchain technologies and cryptocurrencies. The event, said to have been scheduled to take place in October, is expected to bring experts from around the world who will meet representatives of North Korean enterprises.     Also read: China Escalates Crackdown, Russia Chases Shadows, UK Warns […]

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Black Hat Demo to Reveal ‘White Rabbit’ Crypto-Transaction Surveillance Tool

Black Hat Demo to Reveal 'White Rabbit' Crypto-Transaction Surveillance ToolThis week in Las Vegas there are two well-known events taking place dedicated to information security and the global hacking counterculture — Black Hat Arsenal and Defcon 2018. During the conference festivities, there will be a bunch of demonstrations showcasing all kinds of hacker tools, security services, and engineering studies. Two developers from the intelligence […]

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The Daily: Hackers in High Demand, China Hires Cryptographer

The Daily: Hackers in High Demand, China Hires CryptographerTraders in the US, Russia and China are the most common victims of cyberattacks targeting cryptocurrency exchanges as you’ll discover in this edition of The Daily. Another study has found that the demand for services provided by hackers is much higher than what’s currently on offer. The same can be said for experts in cryptography: […]

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Indie Game Delisted From Steam Marketplace for Alleged Cryptojacking and Scams

The Steam platform has removed a game from its store for hijacking users’ computers to mine cryptocurrency.

Valve Corporation has removed a game from its video game marketplace Steam that allegedly hijacked users’ computers to mine cryptocurrency, Motherboard reported July 30.

The Steam game store has delisted Abstractism, an indie game accused of deceptive practices and cryptojacking, and has banned its developer from the platform. Steam took action following complaints from a number of users saying that the game setup file seemed to include a Trojan virus and malware disguised as steam.exe processes and launcher.

Further investigation conducted by different players found that the programs were crypto miners that infected users’ computers to mine Monero.

Game developer Okalo Union and publisher dead.team released Abstractism on Steam on March 15. According to Motherboard, there were warning signs that the game could be running processes unbeknownst to the player. For example, developers encouraged players to keep the game running, even when not in use, in return for rare in-game items.

One user reported a scam on an in-game item for Abstractism on the Steam Community Market that used the same name and art as an item in Team Fortress 2. Fellow gamers speculated that the likeness was intentional and part of a ruse to fool inattentive shoppers into purchasing an expensive item that would not function in Team Fortress 2.

YouTuber SidAlpha and some other users noticed that running the relatively small game used a disportionately large amount of system resources, in addition to triggering malware alerts.

Okalo Union denied the allegations, claiming that increased CPU and GPU resource consumption, which are major signs of crypto mining, were caused by playing on high graphics settings:

“Abstractism does not mine any of cryptocurrency. Probably, you are playing on high graphics settings, because they take a bit of CPU and GPU power, required for post-processing effects rendering.”

One user who was unconvinced by Okalo Union’s statement responded:

“Bull. Sh*t. You shouldn’t be on this platform, you f***ing scam artist. It’s one thing to make shovelware, it’s another to actively place viruses on customer’s pcs and knowingly screw them over for monetary gain.”

In 2016, Valve announced that the Steam platform would officially accept payments through Bitcoin (BTC). However, in December last year Steam stopped acceptance of BTC payments due to high fees and volatility.

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The Daily: Decentralized Exchanges – New and Hacked, and Some Lost Coins

The Daily: Decentralized Exchanges – New and Hacked, and Some Lost CoinsIn today’s edition of Bitcoin in Brief, we cover two decentralized exchanges – an Irish team that’s launching its Local Token Exchange and the already operating Bancor that has reported a security breach and admitted the loss of $12.5 million worth of coins. Also, hackers in China have mined cryptos worth $2 million using malware […]

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