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Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether

A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report by cybersecurity company, ESET. “Krypto Cibule is spread through malicious torrents for ZIP files whose contents masquerade as installers for cracked or pirated software and games,” researchers Matthieu Faou and Alexandre Cote Cyr, detailed in their report published September 2. The malware is mostly active in the Czech Republic and Slovakia where it has been…

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A Vulnerability in Tor May Have Allowed Bitcoin Theft

A newly published research suggests that attackers have found vulnerabilities in the Tor browser. This vulnerability may have allowed attackers to steal Bitcoin from the users. Tor vulnerability found Nusenu, who discovered this attack, said that Tor might not be such a good choice after all. It usually protects anonymity by routing the data through several relays. The Tor browser is very popular amongst people using Dark Web. Several people in the crypto community also use Tor to ensure the safety and anonymity of their Bitcoin transactions. The browser was developed by the US government for anonymizing internet communication and…

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Bitfinex Offers $400M Reward for Return of Stolen Funds from 2016 Incident

Crypto exchange giant Bitfinex has announced a $400 million reward for the return of the funds stolen in the 2016 Bitcoin hack. The move comes on the fourth anniversary of the incident which saw the loss of about 120,000 BTC currently valued at $1.34 billion. Cryptocurrency-related thefts are still a recurring problem for the industry with over $1 billion stolen in only the first five months of 2020. Meanwhile, law enforcement officials in China have arrested some principal agents involved in the PlusToken crypto scam. Bitfinex to Pay Hackers if they Return Stolen Bitcoin Bitfinex announced the reward via a…

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