xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
xuanling11The only way
Technology isn't always directly translate to what we desire it to become. For example, we wish social media to become a place to keep in touch of others but it created another whole new level of distrust and misinformation that spread like a Pandemic. Be careful of your wishes! Like AI we think they can bring up a new level of the game in the creative industry and possibly to replace writers like you and me, but can they? It seems they are very powerful to execute what we want them to, ...
xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
xuanling11The only way
Technology isn't always directly translate to what we desire it to become. For example, we wish social media to become a place to keep in touch of others but it created another whole new level of distrust and misinformation that spread like a Pandemic. Be careful of your wishes! Like AI we think they can bring up a new level of the game in the creative industry and possibly to replace writers like you and me, but can they? It seems they are very powerful to execute what we want them to, ...
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Hackers are being more and more sophisticated. Particularly in the crypto field, hackers can imbed their software and steal information. There is a new malware that can steal from your wallet without you even knowing your wallet has been hacked.
TL;DR
Disabled auto-downloading in Telegram settings to avoid the unaware download of malware and got hacked of your crypto wallet.
Here is a 1 min summary of the article if you want to skip the reading.
Echelon
This Malware steals private information from users and specifically targets crypto wallets and user accounts credentials. The software may contain multiple credential-stealing functions, domain detection, and computer fingerprinting to collect users’ credentials. It can also screenshot users’ credentials and automatically send them back to hackers. You can read the full report on how the code attack users here.
Handle @Smokes Night
Telegram group Smokes Night was reported to propagate the malware Echelon and steal credentials from user accounts and crypto-wallets. There are no other incidents revealed in the current time.
Possible places to exploit
According to the report, here are platforms and crypto wallets that potentially be the target:
Exploited Platforms: Discord, Edge, FileZilla, NordVPN, OpenVPN, Outlook, Pidgin, ProtonVPN, Psi(Jabber), Telegram, TotalCommander
Aimed Digital Currency Wallets: Armory, AtomicWallet, BitcoinCore, ByteCoin, DashCore, Electrum, Exodus, Ethereum, Jaxx, LitecoinCore, Monero, Zcash
Possible upgrade with zero clicking
The current version of software may need to click and install. However, it may evolve into zero-click with auto installation functionality to make a 0 click attack.
What you can do
If you are using Telegram, please turn off the auto-downloading functionality. You can reference how to turn off the auto-downloading here.
In Conclusion
Do not open any suspicious download zip files. Try to have your virus scan software active during your internet connection. Be sure to turn off your auto-download function on any chat apps.
Hackers are being more and more sophisticated. Particularly in the crypto field, hackers can imbed their software and steal information. There is a new malware that can steal from your wallet without you even knowing your wallet has been hacked.
TL;DR
Disabled auto-downloading in Telegram settings to avoid the unaware download of malware and got hacked of your crypto wallet.
Here is a 1 min summary of the article if you want to skip the reading.
Echelon
This Malware steals private information from users and specifically targets crypto wallets and user accounts credentials. The software may contain multiple credential-stealing functions, domain detection, and computer fingerprinting to collect users’ credentials. It can also screenshot users’ credentials and automatically send them back to hackers. You can read the full report on how the code attack users here.
Handle @Smokes Night
Telegram group Smokes Night was reported to propagate the malware Echelon and steal credentials from user accounts and crypto-wallets. There are no other incidents revealed in the current time.
Possible places to exploit
According to the report, here are platforms and crypto wallets that potentially be the target:
Exploited Platforms: Discord, Edge, FileZilla, NordVPN, OpenVPN, Outlook, Pidgin, ProtonVPN, Psi(Jabber), Telegram, TotalCommander
Aimed Digital Currency Wallets: Armory, AtomicWallet, BitcoinCore, ByteCoin, DashCore, Electrum, Exodus, Ethereum, Jaxx, LitecoinCore, Monero, Zcash
Possible upgrade with zero clicking
The current version of software may need to click and install. However, it may evolve into zero-click with auto installation functionality to make a 0 click attack.
What you can do
If you are using Telegram, please turn off the auto-downloading functionality. You can reference how to turn off the auto-downloading here.
In Conclusion
Do not open any suspicious download zip files. Try to have your virus scan software active during your internet connection. Be sure to turn off your auto-download function on any chat apps.
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