Hijack alert: EthOS miners are the new victims

According to Bitdefender, new hijack bot is aimed to the EthOS mining devices; continue reading to learn more
02 November 2017   2252

The developers of Bitdefender antivirus have identified hackers who seize control over the Ethereum crypto currency miners and steal money from the victims' wallets. This was reported by the company's blog.

According to it, the hijack bot was launched on October 30 and is aimed at finding equipment running a 64-bit operating system ethOS with the factory accounting information SSH.

Thanks to the fake site-bait experts of Bitdefender managed to identify the algorithm of hackers. As it turned out, at first the attackers tried to hack the site with the help of combinations of passwords and SSH logins (ethos: live, as well as root: live), then they wanted to change the purse ID to their own. 

So, if you are running an Ether Miner based on Ethereum OS, make sure you have changed the default login credentials. If you haven’t done so, now would be a good time to check whether the miner is sending money to you, not hackers.
 

Bogdan Botezatu
Bitdefender team

Hijack scheme 
Hijack scheme

Aditionally, the Bitdefender team found out the hackers' wallet. Fortunatelly, at the moment of press, they stole aroun 2 ETH.

Hackers' wallet
Hackers' wallet

It is worth noting that EthOS is present on 38,000 mining devices. So if you use EthOS mining devices, don't forget to check your login data.

AION to Unveil Future Plans

Foundation sold half the BTC and ETH, and it did it very well - at the beginning of this year
06 December 2018   159

The Aion Foundation, which is responsible for the development of the protocol of the same name and collected $ 23 million in Bitcoin and Ethereum on ICO in October last year, published a report in which it shared information about its financial operations. The report was prepared with the support of Deloitte, however, it cannot formally be considered an audit.

According to the Aion Foundation CEO Matthew Spoke, the foundation sold half the BTC and ETH, and it did it very well - at the beginning of this year. Having spent $ 10 million on launching its blockchain platform and opening offices in Canada, China and Barbados, the fund had assets of $ 14 million as of October 31 of this year, $ 5.8 million of which was placed in Fiat.

We’ve liquidated a decent amount of our bitcoin and eth that we raised as proceeds to make sure that we are stable in this type of period. As we continue to spend in our operations we’ll end up liquidating more bitcoin and eth over the course of the next few months.
 

Matt Spoke

CEO, Aion Foundation

The Aion protocol has already attracted active users, including the video game start-up ClanPlay, but Spoke claims that his company will continue to rely on hard currency.

The foundation has roughly 18 months of runway, Spock estimates, while developing his system to a level at which it can compete with centralized counterparts, such as Amazon Web Services, will take about five years. Aion expects to launch its first Java-based virtual  machine, thanks to which developers can use decentralized tools, by the second quarter of next year.

Spoke suggests that at this time his company will have to attract additional funding from cryptocurrency funds and accredited investors in exchange for their own tokens. His goal is to prevent the reduction of the team, which currently includes 61 people, and the operation of the Ethereum model of ConsenSys, a company sponsoring projects in its own ecosystem.

In the future, Aion intends to publish such reports on a quarterly basis and transfer data to the Messari network in order to increase the confidence of its tokens holders.