Shadowy chrome extension: stole $16,000 worth of cryptocurrency

Shadowy chrome extension steals $16,000 worth of cryptocurrency

In recent years, cryptocurrencies have become one of the most popular targets of attention for many investors and computer security professionals. However, the development of this market also brings new threats and risks associated with the storage and handling of digital assets.

Recently, it was reported that some chrome users fell victim to a clever malicious extension that stole their cryptocurrency worth about $16,000. This was all as a result of using a shady extension for the popular Chrome browser.

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The malicious extension worked on the users’ end, without their knowledge, automatically mining cryptocurrency on each victim’s computer. Thus, the attackers were able to steal significant amounts of digital assets while they were not noticed by users and information security specialists.

Chrome extension hack: $16,000 worth of crime

Recently, more and more users of the Google Chrome browser are facing the problem of extension hacking, which leads to the theft of cryptocurrency worth up to $16,000. This is a serious issue that requires immediate attention and appropriate measures to protect users.

Chrome extension hacking involves injecting malicious code into the extension, through which attackers gain access to users’ personal data, including cryptocurrency. This malicious code can be presented as a regular extension offering its users some additional features, but actually hiding its malicious intentions.

When a user installs such a malicious extension, it starts collecting and transmitting information about their cryptocurrency wallets, passwords and other personal details to attackers. The attackers then gain access to this data and can freely dispose of the funds in the user’s wallet, which immediately results in the loss of money.

There are several ways to protect yourself from a hacked Chrome extension. First, it is worth paying attention to the permissions that the extension requests when you install it. If an extension asks for a wide range of permissions that do not match its functions, you should refuse to install it.

Secondly, you should be careful when installing and updating extensions from untrusted sources. It’s best to only use the official Chrome Web Store to download extensions.

Third, regularly update all installed extensions and the Chrome browser to the latest version, as developers are constantly working on fixing vulnerabilities and adding additional security measures.

Finally, you should use reliable antivirus software to help detect and block malicious extensions and other threats in real time.

All in all, every Chrome user should be careful when choosing and installing extensions, and follow basic security measures to protect their cryptocurrency and other personal data. This is the only way to avoid losing money and jeopardizing your safety in the online world.

Cryptocurrencies and their vulnerabilities

Cryptocurrencies are decentralized digital currencies that are based on cryptographic principles. They offer a high degree of anonymity, security and lack of control from a central authority such as a bank. However, like any other type of asset, cryptocurrencies are also subject to various vulnerabilities and risks.

One of the main vulnerabilities of cryptocurrencies is the possibility of theft. Criminals can use various methods to gain access to cryptocurrency wallets and transactions. One common method is phishing - fraudsters create fake websites and emails to gain access to users’ personal information and steal their cryptocurrency.

Another vulnerability is the use of malware and shadow extensions that can steal cryptocurrency from a user’s computer. Shadow extensions are browser extension programs that perform unwanted actions such as mining cryptocurrency without the user’s knowledge or redirecting transactions to attacking addresses.

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Another type of vulnerability is the use of unreliable or compromised exchanges and wallets to store and exchange cryptocurrencies. Many platforms can be susceptible to hacking or internal fraud, which can result in loss of funds for the user.

Cryptocurrency forks also present their own risks. A fork is a change in the protocol of a cryptocurrency that can lead to new digital assets. However, uncontrolled forks and scam coins can become a target for fraud and a threat to users.

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A more general vulnerability of cryptocurrencies is their volatility. Cryptocurrency prices can change significantly in a short period of time, creating a high level of risk for investors. Cryptocurrencies are also subject to regulatory risks and changes in legislation, which can affect their value and use.

Key vulnerabilities of cryptocurrencies

| Vulnerability | Description | | Phishing | Fraudsters attempt to access users’ personal information to steal cryptocurrency. | | Malware and shady extensions | Programs that steal cryptocurrency from a user’s computer without their consent. | | Unreliable exchanges and wallets | Platforms that may be compromised or fraudulent. | | Forks and scam coins | Uncontrolled changes to the cryptocurrency protocol that could lead to fraud. | | High volatility | Cryptocurrency prices can fluctuate wildly, which creates a high level of risk.|

Overall, cryptocurrencies offer new opportunities, but their use comes with risks and vulnerabilities. Users should be aware of the various threats and take steps to secure their cryptocurrency assets.

What happened to the extension?

On the morning of February 12, users of the Google Chrome browser encountered a serious problem related to a shady extension. It turned out that malware was detected on one of the extensions, which stole about $16,000 worth of cryptocurrency.

One of the first to notice the problem was a user with the nickname @hockey_cryptocurrency. He found that his cryptocurrency balance was significantly reduced and an unknown address was displayed on his account. The user tweeted about this problem and many other users also reported similar issues.

The developers of the extension responded quickly to this situation and updated the extension to fix this issue. They also apologized to the users for the inconvenience caused and assured that the problem has already been fixed. It is recommended that all users check for extension updates in Chrome and update to the latest version to avoid falling victim to the attack.

In general, this situation emphasizes the need to be extremely careful and attentive when installing browser extensions. It’s best to choose extensions from trusted developers and keep an eye on updates.

FAQ:

What is a chrome shadow extension?

A chrome shadow extension is a software extension for the Google Chrome browser that can be installed and run by the user without their knowledge. It runs in the background and can perform various tasks, including stealing cryptocurrency.

What is the significance of cryptocurrency theft?

Cryptocurrency theft has significant significance because cryptocurrency is a digital asset that can be stored in a digital wallet. If an attacker gains access to the wallet and steals the cryptocurrency, the owner could lose all of their digital savings.

What steps can I take to avoid cryptocurrency theft?

To avoid cryptocurrency theft, there are several precautions to take. First, it is important to install reliable and updated antivirus software that will detect and block malware. Secondly, you should be careful about installing extensions or applications, especially from unreliable sources. It is also important to be careful when entering personal information to avoid becoming a victim of phishing or spoofing.

What are the consequences of cryptocurrency theft?

Cryptocurrency theft can have serious consequences for its owner. First, he or she will lose his or her digital savings, which can have a significant value. In addition, it can cause financial problems and loss of confidence in digital assets. In some cases, the theft may involve an identity leak, which entails additional risks such as identity theft or fraud.

What additional security measures can help protect cryptocurrency from theft?

Additional security measures that can help protect cryptocurrency from theft include using hardware wallets such as Trezor or Ledger to store cryptocurrency offline. It is also recommended that you use two-factor authentication to access your wallet and activate notifications for unusual activity on your account. It is also important to regularly check accounts and wallets for suspicious activity.