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Hacking Group Re-Emerges, Steals Crypto While Killing Mining Software

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Tue, 02/11/2020 - 16:24
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  • A group of hackers returns, switching between China, the US and Europe, now targeting corporate servers to steal crypto and kill mining software with modified malware

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Contents

In a recent blog post, Trend Micro reports that a group of hackers calling themselves Outlaw has returned after several months of silence and is attacking servers with weak security levels. However, now it is using upgraded malware which first infects systems to use their computation power to secretly mine crypto and then kills the crypto miners working on them.

Attackers moving from China to Europe and US

The re-emerged hacking group, Outlaw, is now targeting corporate systems that lack serious cyber protection or have not yet upgraded their security systems. The hackers are now using an upgraded set of malware and target systems that mine digital currencies.

The group first ‘presented itself to the world’ back in 2018 and, over the last year, have been improving and testing their new equipment while attacking crypto miners in China.

However, this year, the Outlaw hackers have switched to the US and Europe.

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Upgraded malware eliminates miners

The upgraded botnet infects corporate servers and erases the existing crypto mining software on them. The Trend Micro cyber research team have been studying the hackers from Outlaw for a long time. The samples they managed to find say that the hackers are also using their botnet for stealing data from servers used by companies in the financial sector in order to sell it later on.

However, the study says that the hackers are not only going to attack corporate servers that have not yet been upgraded. The researchers also mention they found commands for Android APKs and Android Debug Bridge. These can make Android-powered TVs begin mining crypto without the owners knowing.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Bitcoin (BTC) Price Targets $6,500 Before Future Pullback: Analysts

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Mon, 03/30/2020 - 12:34
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  • Two days ago Bitcoin (BTC) failed to conquer a bearish stronghold at $7,000, which sent it to sub-$6,000 areas. When can we expect the next attack?

Cover image via stock.adobe.com
Contents

Two major cryptocurrency traders and analysts believe that $6,500 may be the final level of this ‘fake rally’ before a new fall for the crypto king.

Relatively calm but targets $6,500

Seasoned crypto trader and analyst Michael van de Poppe recommended his followers to switch their attention towards altcoins.  According to him, many of them may bring profit in the short-term perspective:

$BTC is remaining relatively calm, so you can see alts pop here and there. If $BTC goes in accumulation modus, that will probably be the time that they start to kick off.  Probably during the summer. 

Although, with today's bullish momentum, Bitcoin (BTC) could reach $6,400 and even $6,500 fast.  But once it reaches this level, the U-turn is over and we can brace ourselves for a new decline.

The views of Mr. van de Poppe were shared by CryptoBirb, a prominent analyst and founder of The Birb Nest educational platform. According to him, $6,400-$6,600 is the most comfortable area for the ongoing Bitcoin (BTC) price move.

At printing time, Bitcoin (BTC) trades at $6,340 on major spot exchanges.

Don’t recommend Bitcoin (BTC) to Peter Schiff

Famous ‘gold bug’ Peter Schiff never ceases mocking Bitcoin (BTC), with no regard to bullish or bearish sentiments in the market. Yesterday, he compared the declines from the ATH demonstrated by both his beloved gold and the flagship cryptocurrency. 

Since the Bitcoin (BTC) fall has been five times deeper, he doesn’t have enough words to characterize its advocates. 

About the author

 Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockhain. Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

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