Bitcoin ATMs Get Threatened by Dark Web Cybercriminals

Crypto ATM malware has recently been discovered on one dark web forum by a leading Japanese cyber-security company
Bitcoin ATMs Get Threatened by Dark Web Cybercriminals

As the number of Bitcoin ATMs continues to grow exponentially around the globe, they are also becoming a bigger target for criminals. Trend Micro, a Japanese cyber-security firm, has discovered dark web malware that allows users to steal money from crypto automated teller machines. 

Adapting to new trends 

 ATMs, while being consonantly compromised by criminals, appear to be even more endangered in the era of digitalization. Robberies that include various physical tools (like card-skimming equipment) are still fairly common, but newfangled ATMs also attract the attention of cybercriminals who now rule the roost. 

A ready-made hacking kit 

Trend Micro reports that a particular add on one of the dark web forums piqued their interest. A rather reputed user was selling malware that specifically focuses on the vulnerabilities of crypto ATMs machines. He claims that the malware also has been adopted to the EMV chip technology. 

A listing of this malware costs a staggering amount of $25,000, but the seller reassures that his clients would get the ultimate hacking solution with an EMV-based credit card, a detailed instruction translated into several languages and even day-and-night customer support. 

Its modus operandi is rather simple– one only has to upload a system-infecting file in order to disconnect a cryptocurrency ATM from the whole network. One hack session will allegedly result in $6,750 being stolen from the machine. 

Thriving cybercrime

CryptoComes has recently reported that crypto-related crimes have drastically decreased, but it doesn’t mean that they are non-existent. Bitcoin ATMs, in particular, pose as an easy scapegoat due to their semi-legal status and a lack of standardization. Since the cryptocurrency industry becomes highly lucrative and diverse, cybercrimes are no longer restricted to mining malware. Hackers will fight tooth and nail in order to come up with new tools to take advantage of this loosely regulated market. 


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Binance Coin (BNB) Now Open to Over 2.3 Mln Merchants After Partnering with CoinPayments

The CoinPayments gateway adds BNB, the crypto taking the 14th place on the top coins’ ranking, giving BNB an exposure to over 2 mln vendors in almost 200 countries
Binance Coin (BNB) Now Open to Over 2.3 Mln Merchants After Partnering with CoinPayments
Contents

The native token of Binance Exchange, BNB, seems to be ready for a big adoption boost. It has been integrated by major crypto payment portal CoinPayments, which works with a large number of crypto coins, including top ones such as BTC and LTC. Now BNB has been added to this list.

CoinPayments shared this joyful news via Twitter:

CoinPayments works with over a thousand coins and collaborates with over around 2.3 mln vendors in nearly 190 countries. The platform has explained via social media why it decided to choose BNB, saying that it believes that in the future it will be very important due to the growing impact that Binance is having on the crypto industry.

They also stated that the Binance community is growing along with its presence in various countries; thus, it is important to adopt BNB now.

Among the top platforms that CoinPayments collaborates with are Shopify, WooCommerce, etc, which will all now be accepting Binance Coin.

Earlier, U.Today reported that CoinPayments added Tron (TRX) to its payment options as well.

BNB

Currently, BNB holds 14th place on the top-twenty list. Its market cap is well over $1 bln, and it has been gradually dropping along with the rest of the market.

Currently, Binance Coin is going for $7.61 after a small drop of 5.17%.


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