• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
NewsBTC
No Result
View All Result
NewsBTC Polish Regulator Banks Malware
Nexo Logo

Electrum Copycat Crypto Wallet Steals Seed Keys

Martin Young by Martin Young
4 years ago
in Cryptocurrency Technology
Reading Time: 2 mins read
Advertisement

Researchers at popular Bitcoin wallet app Electrum have exposed a malicious copycat that has been designed to steal seed keys. The dubious doppelganger called Electrum Pro appeared online in March and has been flagged as malware since.

Fake Bitcoin Wallet Swipes Seed Keys

According to reports the team behind the original wallet posted a document on Github explaining how to get rid of the impostor. It was obvious for a while that the duplicate wallet was malicious as it used the branding of the company without permission. In a further attempt to deceive users into downloading the malware cybercriminals registered the electrum.com domain to copy the original electrum.org.

Developers have exposed a line of code from the fake wallet that appears to take the user’s seed key and upload it to the spurious domain. The seed keys are cryptographic keys that owners use to access different wallets via the app.  Once compromised, the hackers can use these keys to empty crypto wallets of unsuspecting users that downloaded the wrong app.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Electrum devs had previous issued warnings about the copycat;

“We previously warned users against ‘Electrum Pro’, but we did not have formal evidence at that time,”

They have already analyzed MacOS and Windows binaries and found a high likelihood of other binaries being malicious also.

Crypto Malware Mounting

Earlier this month is was revealed that a previously discovered Chrome extension that uses Facebook’s messenger service to inject malicious mining scripts had resurfaced in April. The FacexWorm hijacks CPU computing power to pilfer Monero in addition to spreading affiliate links for various crypto exchanges.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Other reports indicate that as many as 400 US government and business websites running the Drupal content management system could be infected with mining malware. Those infected were running an outdated version of the platform and included websites of the US National Labor Relations Board (NLRB), Chinese tech giant Lenovo, Taiwanese network hardware manufacturer D-Link, and the University of California (UCLA).

According to the report government administered websites in the Mexico, Turkey, Peru, South Africa, and Italy have also been affected with the mining malware. As with the majority of these types of infections, Coinhive is once again the culprit. As crypto becomes a part of more people’s lives malware designed to steal it by mining or otherwise will be on the rise.

 

Image from Shutterstock
Tags: ElectrumElectrum Promalwareminingwallets
Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
Martin Young

Martin Young

Martin is a Southeast Asia based info-tech, cyber security, and cryptocurrency analyst with 20 years working in web technology and media.

Related Posts

Stepn

Stepn GST Token Slides 97% – Despite Fitness App Having 3M Users

1 week ago
The Sandbox

The Sandbox (SAND) Blows Up 20% After Collab With Major Entertainment Firm

2 weeks ago
Shiba Inu

Shiba Inu Kicks Off Metaverse Project; SHIB Rallies 14% In The Last 7 Days

3 months ago
Powell

Fed Chair Powell Says Crypto Requires New Rules, Citing ‘Threats’ To US Financial System

3 months ago
Fiat

Fiat – Not Crypto – Still The Top Choice For Financial Crimes, US Treasury Says

3 months ago
Facebook

Former Facebook Employees Get $200 Million To Create Blockchain System For Aptos

4 months ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
BC.Game

BC.Game

Review · Visit
Punt Casino

Punt Casino

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit
BC.Game

BC.Game

Review · Visit

U Promise Me: The Digital Promise Platform

July 1, 2022

XT.com Lists Land of Fantasy (LOF) With USDT Trading Pair

July 1, 2022

LYOTRADE Launches Crypto Loans—Get USDT and Win Against Volatility

July 1, 2022

Torches Genesis NFT Launching, Win Torchlight NFT to Unlock IDO Allocation

June 30, 2022

Crypto News Flash: Best Meme Coins to Explore in Bear Market 2022 – Floki Inu (FLOKI), Akita Inu (AKITA) and RoboApe (RBA)

June 30, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.