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New Malware That Exploits Crypto Wallets Found

The malware attacks crypto wallets of Exodus, Electrum, Atomic, Jaxx, Ethereum, Bitcoin, and Litecoin.

A new kind of virus has been discovered that is infecting crypto wallets.

Bitdefender, a cybersecurity company, during its research came across a malware that targets crypto wallets.

This is a new family of crypto-wallet stealer malware, dubbed BHUNT.

Its components are specialized to steal wallet files (wallet.dat and seed.seco), clipboard information and passphrases used to recover accounts.

BHUNT attacks Exodus, Electrum, Atomic, Jaxx, Ethereum, Bitcoin, and Litecoin wallets.

The malware usually attacks the users who have crypto wallets installed on their system and have also installed cracked software.

“Almost all of our telemetry originated from home users who are more likely to have cryptocurrency wallet software installed on their systems. This target group is also more likely to install cracks for operating system software, which we suspect is the main infection source.”

The report reads

It can also harvest passwords and cookies stored in browser caches including account passwords for social media, banking, etc. that might even result in online identity theft.

Once the malware gets access to the crypto wallet through the passphrase, it transfers the funds to the attacker’s account.

Source: Bitdefender

As depicted in the map above, most infections were detected in Australia, Egypt, Germany, India, Indonesia, Japan, Malaysia, Norway, South Africa, Spain, and the U.S.

To save yourself from such malware it is recommended to:

  • Never install applications from untrusted sources
  • Keep your security solution up to date and never turn it off, especially if it blocks the installation of such software.

Crypto crime has increased alongside Decentralized Finance (DeFi) adoption. However, the proportion of the crime to the whole crypto industry reduced in 2021. As the industry matures, crypto crimes will reduce which could further increase crypto adoption.

A similar hack was perpetrated on EasyFi. You can get the whole details of the hack from our experts in the underlying video.

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