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Cyberattacks on Crypto Traders: Fake TradingView Software Spreads Malware

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by Giorgi Kostiuk

13 hours ago


Hackers use fake TradingView software to spread malware among cryptocurrency traders.

Malware Disguised as Cracked TradingView

Hackers have infiltrated crypto-related subreddits, offering fraudulent TradingView software with promised premium features. The fake software claims to unlock advanced charting tools for stocks, forex, and crypto. Users seeking free access fall into this trap, unknowingly installing malware. Moreover, Malwarebytes found that both Windows and Mac versions are double-zipped, with the final zip file password-protected. This tactic conceals the malware from antivirus detection. Once installed, the software behaves differently based on the operating system, making it harder to detect.

Severe Risks for Crypto Traders

The malware poses a critical threat to crypto traders. It extracts login credentials, allowing hackers to access exchange accounts and empty funds. Additionally, it exposes financial data, including credit card and banking information. More alarmingly, it can steal wallet keys, granting direct access to cryptocurrency holdings. Besides, crypto subreddits provide an ideal hunting ground for scammers. These groups foster trust among traders who discuss market trends and share tools. Hackers exploit this environment, posting fraudulent software disguised as legitimate trading solutions.

Rising Threats to the Crypto Community

Besides the TradingView malware, other threats endanger crypto users. Scam Sniffer recently uncovered a new attack where hackers use fake Microsoft Teams sites to spread malware. This method leads to data breaches, credential theft, and wallet drains. Furthermore, Microsoft identified StilachiRAT, a remote access Trojan specifically targeting cryptocurrency users. This malware steals system information, login details, and digital wallet data. It focuses on 20 cryptocurrency wallet extensions in Google Chrome, putting millions at risk.

Cryptocurrency traders need to be on the lookout for these emerging dangers. Software that has been cracked should not be downloaded since it frequently contains malware. Users should confirm sources before installing any trading applications and employ current antivirus software for added protection.

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