Bypassing fake crypto-currency apps two-step authentication on Android.
ESET researchers have found apps that impersonate the Turkish BtcTurk crypto exchange, but in reality use new techniques to bypass SMS-based two-step verification (2FA). This also circumvents Google's recent SMS authorisation restrictions.
In March this year, Google decided to restrict the use of SM... Read more
Botnet targeting Electrum Wallet steals $4.6 million
A botnet used to steal money from the Electrum bitcoin wallet network continues to grow. According to researchers, at its peak, it passed over 150,000 hosts. A total of $4.6 million has now been stolen from victims.
The botnet was first discovered on 8 April, writes Silicon Angle. This is a new vari... Read more
“Crypto criminals and fraudsters stole $1.2 billion in first quarter.
Crypto criminals and fraudsters stole over $1.2 billion in the first quarter of 2019. That suggests cryptocurrency security company CipherTrace in a new report, reports Venturebeat.
CipherTrace develops solutions to combat digital money laundering, forensic investigations into cryptic currencies, b... Read more
Rapidly spreading cryptomining malware uses NSA code
A new form of cryptomining malware uses hacking codes from the US National Security Agency (NSA). The malware is spreading rapidly throughout Asia, writes Silicon Angle.
Symantec security researchers discovered the malware last week and called it Beapy. Beapy mainly focuses on enterprise networks. M... Read more
‘Samsung is working on Samsung Coin’s own crypto currency’.
Samsung would work on its own blockchain network and its own cryptographic currency. That's what CoinDesk Korea says on the basis of an insider who would know 'of the hat and the edge'.
The blockchain task force, part of the wireless department, would work on a blockchain network based on Ethereum.... Read more
Android malware Gustuff stole crypt currency and bank data from over 125 apps
A newly discovered form of Android malware has stolen crypto currency and bank data from over 125 different apps. The malware called Gustuff was discovered by Group-IB security researchers. The Trojan would become more popular among cybercriminals because it was made specifically for banking and cry... Read more
Facebook, Telegram and Signal all want to launch crypto currency this year
While the bitcoin is unable to remain stable, some of the largest internet companies hope to do so with their own virtual coins. This year, Facebook, Telegram and Signal, among others, will launch their own coins.
The New York Times writes this in an extensive analysis of the current crypto market. ... Read more
AMD and Nvidia struggle with declining demand for GPUs
AMD and Nvidia are still struggling with declining demand for their GPUs. At the beginning of 2018, the companies produced an extra large number of GPUs in order to be able to respond to the increased popularity of cryptic currency. The collapse of this market is now creating a surplus, making it mo... Read more
Cryptominers found in Microsoft Store
Symantec security researchers have found about eight potentially unwanted applications in the Microsoft Store that use a victim's computer to mine cryptic currency. That's what IT Pro says. The apps set include battery and computer optimization. They also act as search engines and browsers.
These in... Read more
$190 million in cryptic currency was lost on exit scam.
A possible exit scam related to both cryptic and regular money has lost $190 million in money. It's a scam that had to do with the Canadian QuadrigaCX scholarship. The company states that it can no longer access the money.
The company behind the fraud, QuadrigaCX, claims that his 30-year-old founder... Read more