Scam Alert

New Malware Targets Crypto Wallets Including Binance, Coinbase, And Trust Wallets

Key Points:

  • Russian malware, “Infamous Chisel,” poses threats to cryptocurrency wallets and Android apps.
  • The malware exposes popular apps like PayPal, Dropbox, and Telegram, putting user data at risk.
In a recent report, the United Kingdom’s National Cyber Security Centre (NCSC) has uncovered a new strain of malware named “Infamous Chisel,” believed to have Russian origins, posing a significant threat to cryptocurrency wallets, exchange applications, and other sensitive data systems.

This advisory report stems from a collaborative effort involving prominent cybersecurity and law enforcement agencies such as the Federal Bureau of Investigation (FBI), the National Security Agency (NSA), the Cybersecurity and Infrastructure Security Agency (CISA), and the National Cyber Security Centre (NCSC), a division of the UK’s Government Communications Headquarters (GCHQ).

Infamous Chisel operates by scanning various directories on infected Android mobile devices, extracting a wide array of data from at least three cryptocurrency wallets, including the Binance App, Coinbase Wallet, and Trust Wallet.

Moreover, the malware extends its reach to browsers like Brave and Opera, both known for their cryptocurrency features.

However, the malware’s capability to extract data isn’t limited to crypto assets; it also poses a risk to various other applications, including PayPal, Dropbox, Firefox, Telegram, Skype, WhatsApp, Discord, Viber, and Google Chrome.

A total of 35 application directories, including specific Android system directories, are subjected to scrutiny.

The NCSC’s report did not explicitly state whether the stolen information could enable attackers to steal cryptocurrency or if Infamous Chisel has successfully led to any cryptocurrency theft.

It remains uncertain whether the information harvested provides full access to crypto accounts.

The malware has been attributed to a hacking unit linked to Russia‘s GRU military intelligence agency, known as Sandworm, which has previously targeted the Ukrainian military.

Infamous Chisel is designed to ensure persistent access to compromised Android devices through the Tor network while collecting and transmitting victim data periodically.

The comprehensive nature of data theft undertaken by Infamous Chisel underscores the malware’s intention to compromise a wide range of sensitive information, including cryptocurrency-related data and private keys, posing significant risks to affected individuals and organizations.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

President-elect Trump’s Bitcoin Promise Unlikely to Come True

President-elect Trump's promise to ensure all remaining Bitcoin is mined in the U.S. faces significant…

31 minutes ago

Fantom to Rebrand on Binance as Polygon Price Hits the Lowest Ebb, But Will Qubetics Be the Top Crypto Presale in 2025

Explore Fantom’s rebrand, Polygon’s price dip, and why Qubetics is poised to lead the top…

49 minutes ago

Former FTX Executive Gets Prison Sentence Reduced by More Than a Year

Former FTX executive Ryan Salame, initially sentenced to 7.5 years for his role in FTX’s…

1 hour ago

BC.GAME Launches Wukong Slot Game, Now Playable with Crypto

NICOSIA, Cyprus, 26th December 2024, Chainwire

5 hours ago

MEXC Launches the Meme+ Zone: Unlock Early Opportunities in Trending Memecoins

Seychelles, December 26, 2024 – MEXC, the world's leading cryptocurrency trading platform, officially launches the…

6 hours ago

Bitget Wallet Token Merger Boosts BGB Price And Trading Volume

Bitget Wallet Token Merger unites BWB and BGB into a single token for Bitget and…

6 hours ago

This website uses cookies.