Trickbot malware attacks cryptocurrencies

Trickbot Trojan malware now attacks not only traditional financial sectors, but also cryptocurrencies
04 September 2017   2180

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.

MEW to Launch KYC-less Crypto Withdrawal

Service is available in Euro and Francs to all bank account holders with an international bank account number (IBAN)
21 February 2019   77

MyEtherWallet, a popular cryptocurrency wallet, in collaboration with the Swiss company Bity, introduced the Fiat service, which allows you to exchange digital assets for euros and Swiss francs without verification.

It is noted that the service is available to all bank account holders with an international bank account number (IBAN).

Bity is able to offer this kind of KYC-less Exit-to-Fiat gateway because it is compliant with the Swiss Anti Money Laundering Ordinance (AMLA). This, along with technology that helps verify proof of wallet-ownership, allows Bity to realize the friendliest kind of user experience — frictionless, secure AND regulatory compliant.

MyEtherWallet Team

To use Exit-to-Fiat, the user must specify Bity as the service provider in the asset exchange section. You will also need to provide a phone number, bank account details and a billing address.

This information is transmitted to Bity to comply with legal requirements and is not stored by MyEtherWallet.

The maximum transaction size is limited to 5,000 francs (about $ 5,000).