Cerber ransomware now steals from Bitcoin wallets

Cerber ransomware evolves and now is capable of stealing from Bitcoin wallets
07 August 2017   2265
Bitcoin

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

The upgraded version of the widespread Bitcoin extortion Cerber, in addition to its "main activity", is now able to steal passwords of browsers and data for logging into cryptocurrency wallets. Thus, the functionality of the program now goes far beyond the encryption of user files.

Cerber ransomwareCerber ransomware

Cerber still arrives via emails with an attached file:

Cerber arrival Cerber arrival

According to trendmicro.com, the JavaScript attachment is dedicated as JS_NEMUCOD.SMGF2B, which leads to the download of the Cerber variant (detected as RANSOM_HPCERBER.SMALY5A).

Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

However, the new Cerber targets Bitcoin wallets for theft as well. It targets the wallet files of three Bitcoin wallet applications (the first-party Bitcoin Core wallet, and the third-party wallets Electrum and Multibit). It does this by stealing the following files, which are associated with their respective applications:

  • wallet.dat (Bitcoin)
  • *.wallet (Multibit)
  • electrum.dat (Electrum)

Cerber also tries to steal the saved passwords from Internet Explorer, Google Chrome, and Mozilla Firefox. Note that this information theft takes place before any encryption is carried out. Saved passwords and any Bitcoin wallet information found are sent to the attackers via the command-and-control servers. It also deletes the wallet files once they have been sent to the servers, adding to the injury of the victims, as trendmicro.com reports.

This new feature shows that attackers are trying out new ways to monetize ransomware. Stealing the Bitcoins of targeted users represents a valuable source of potential income.

Goldman Sachs to Give Bullish BTC Forecast

Goldman Sachs experts expect to see bitcoin near the $ 13,971 mark
12 August 2019   238

While Wall Street representatives sometimes come back to criticize Bitcoin, the well-known investment bank Goldman Sachs gives its own forecast for the price of cryptocurrency. To the surprise of many, it turned out to be bullish.

A note for Goldman Sachs customers on Twitter shared by Three Arrows Capital CEO Su Zhu.

As follows from the publication, in the short term, Goldman Sachs expects to see bitcoin near the $ 13,971 mark.

An unnamed analyst builds his forecast based on the Elliott Wave Theory. According to him, with a high degree of probability, bitcoin will rebound from the level of $ 11,094 in the coming days. After this, the opportunity will arise “for at least one more leap to $ 12,916 and $ 13,971”.

On the other hand, a pullback from the indicated levels should be considered as an opportunity to buy cryptocurrency against the backdrop of weakness, if its rate does not fall below $ 9,084.

What is more surprising: that Goldman Sachs has a bullish target on BTC, that they have any target at all, or that they use Elliott Wave Theory? I'm personally most surprised they cant be bothered to use a chart that includes weekend price action.
 

Su Zhu
CEO, Three Arrows

Short-term stop orders for long positions should be placed at $ 10,791, according to Goldman Sachs.