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Bitcoin scams: Beware of crooks trying to steal your cryptocurrency with these schemes

Cyber criminals are successfully taking advantage of social media and naivety to steal Bitcoin and distribute malware. Cybercriminals are taking advantage of the rising price and popularity of Bitcoin to try to steal the currency and distribute malware. The cryptocurrency has become invaluable to cybercriminals who exploit its anonymous, decentralised nature as a tool for demanding ransomware payments and laundering various other ill-gotten gains. This month social media Bitcoin scams have reached a...

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Cybercrooks use drive-by malware to rob Reddit users’ cryptowallets

An as yet unnamed drive-by-download malware is targeting the cryptowallets of Reddit users. Details of the attack are still unclear, but it appears attackers are using malicious links designed to appeal to those monitoring the changes in the Bitcoin prices. They disguise the bait as “price updates” which redirect victims to a website called “CryptoChartiq” when clicked, according to The Merkle.  Some of the details on the malware come from Reddit users with...

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