Trickbot malware attacks cryptocurrencies

Trickbot Trojan malware now attacks not only traditional financial sectors, but also cryptocurrencies
04 September 2017   1387

It has been reported lately that Trickbot Trojan malware penetrates the banking systems by using a malvertising campaign. Thus, it is believed that the spam campaign has been active for a few months. The malware attack targets to steal the login details, personal information and authentication codes.

However, now the time has come to the blockchain platform which is closely related to financial institutions.

As Forcepoint reports, they found out that a Trickbot campaign now targets cryptocurrencies and reported to have targeted PayPal

It is significant that the malware also targets Coinbase, a cryptocurrency exchange which solely involves cryptocurrencies like Bitcoin, Ethereum, Litecoin and other digital assets that are now under the threat of being stolen. 

A functional that allows to display a fake login form in the browser when you visit was found in the Trojan configuration. With the help of Trickbot scammers can steal money from the compromised accounts. According to the reports, this version of Trickbot was discovered last week in a small spam campaign. The Troyan disguised under the documents of the Canadian Imperial Bank of Commerce (CIBC) and was supposedly focused primarily on Canadian users.

Trickbot is a new malware that appeared in the fall of 2016. Some experts speculate that Trickbot and the bank's Trojan Dyre have one developer.

Coinbase to Issue New Statement

As reported, company says it was wrong about SEC approval of acquisitions of Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC
18 July 2018   45

Vice President of Communications of Coinbase Rachel Horwitz denied the information that the company received approval from the Securities and Exchange Commission of the United States for a deal to buy brokerage companies. This is reported by Bloomberg.

It is not correct to say that the SEC and FINRA approved Coinbase’s purchase of Keystone because SEC was not involved in the approval process. The SEC’s approval is not required for the change of control application. Coinbase has discussed aspects of its proposed operations, including the acquisition of the Keystone Entity, on an informal basis with several members of SEC staff.

Rachel Horwitz

Vice President of Communications, Coinbase

On Monday, a spokesman for Coinbase said that the company received permission from the SEC and the Agency for Regulation of Financial Institutions (FINRA) to purchase Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC.

However, despite the refutation from Rachel Horwitz, Coinbase still intends to obtain a license to carry out brokerage activities.