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Breaking News: ‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts

Meet The Malware That Uses Bitcoin’s Blockchain To Update Its Army of Bots

Tony "The Bull" Severino
Tony "The Bull" Severino
1 year ago
3 mins read
bitcoin malware bots

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An advanced malware is utilizing messages hidden within Bitcoin‘s blockchain transactions. These messages send signals to a botnet army ready to attack at command.

How exactly is this malware using Bitcoin’s blockchain and why?

Glupteba, The Malware-Installing Trojan From 2011 That Uses Blockchain To Command An Army

Glupteba, a backdoor Trojan designed to install malware on unsuspecting computers, has also been using Bitcoin in an unusual way.

It was initially distributed in 2011, as “a secondary payload by the Alureon Trojan in order to push clickjacking contextual advertising.” Later, in 2014, it was used as part of “Operation Windigo” – a highly sophisticated attack involving thousands of compromised Linux systems.

Once the malware is installed, the compromised computer is then added to a botnet army ready for an array of commands.

Related Reading | Crypto-Demanding Cybercriminals Ramp Up Ransomware Threat With Data Exposure 

Somewhere along the line, Glupteba was updated to take advantage of Bitcoin’s public and transparent distributed ledger.

Like other malware with connections to cryptocurrencies, Glupteba can be used for cryptojacking. Cryptojacking is the process of backdoor malware mining for Monero, Bitcoin, or anything else, without the user’s consent or knowledge.

However, this is just one of many ways it can be used for harm and isn’t the reason for utilizing Bitcoin’s blockchain.

Botnet Commands Sent Via Messages Hidden In Bitcoin Blockchain Transactions

After malware utilizes its botnet to carry out an attack, once successful, the botnet can be rerouted to perform other tasks. These are typically more attacks, albeit on different servers with a unique domain or IP coordinates.

Botnets of this kind have in the past used Twitter, Pastebin, Reddit, and other messaging services to relay their commands. Glupteba, however, is using Bitcoin.

Not all Bitcoin transactions need to have a monetary value. Messages can be stored in a Bitcoin transaction’s OP_RETURN field, at up to 80 characters.

Using this method, Glupteba is able to hide its messages in plain sight and distribute them widely across to its botnet army.

Related Reading | Checking Crypto Prices on Your Mac? Watch Out for Malware 

Hiding messages in plain sight is called steganography and dates back to the late 1400s. The advantage of steganography over cryptography is that messages hidden in plain sight don’t attract attention to themselves.

The term typically refers to computer data, however, it was also used by spies posting personals in local newspapers to deliver messages during the Cold War.

Also happening in plain sight, is another Cold War, between cybercriminals and security experts.

Cybercrime, especially in the cryptocurrency space, has seen explosive growth. Bitcoin ransoms are growing in number and hackers are becoming more brazen.

Cryptojacking may not be getting as much coverage in media due to it being yesterday’s news, but numbers cases continue to rise.

For now, Glupteba doesn’t appear to be targeting cryptocurrency users despite leveraging the Bitcoin blockchain in another way. But crypto investors will want to pay extra attention to cybersecurity to protect any funds they hold.

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Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

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Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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