Friday, November 3, 2017

New malware discovered that will hack and steal your Bitcoin wallet accounts

One of the world's leading anti-virus companies on Nov. 2 discovered a new malware virus that has the capability of hacking into, and stealing your Bitcoin or other cryptocurrency wallets.

Known as the CryptoShuffler, this malware co-opts one's cryptocurrency wallet and swaps the original creators address with one of their own.

Russian cybersecurity company Kaspersky Lab said it has detected a new malware able to steal cryptocurrencies from users’ web wallets by replacing their address with that of its creator. 
Cybercriminals are targeting digital currencies such as bitcoin, ethereum, zcash, dash, monero and others, according to the company. However, the maximum losses were borne by owners of bitcoin-wallets with nearly 23 bitcoins worth over $160,000 stolen. Sums stolen from other digital wallets are ranging from a few dollars to several thousand. 
The new virus, named CryptoShuffler, activates itself when a targeted user attempts to transfer money from one wallet to another. The procedure requires the recipient’s wallet ID, which commonly consists of a long set of symbols and is impossible to memorize, making a user apply a copy-paste option. - Russia Today

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Reason to invest in bitcoin: Why the Bitcoin Market Could Soon Triple in Size by Casey Research
https://www.caseyresearch.com/why-the-bitcoin-market-could-soon-triple-in-size/

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