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Bitcoin Skype Malware Spreading- If you don't hold it, you don't own it.

New Bitcoin Malware Spreading at 2000 Clicks per Hour

A new piece of malware is rocking the Internet society now as it has been found that it is spreading through Skype which basically uses the infected computers to mine for Bitcoins and then make the owner of the malware money. It was discovered by by security firm Kaspersky, the malware is named “Trojan.Win32.Jorik.IRCbot.xkt,” and is spreading at an alarming rate. The malware is thought to have started in Europe, with the worst hit places including Italy, Russia, Poland, Costa Rica, Spain, Germany, and Ukraine. The average clicking rates have hit around 2,000 clicks per hour

Credit: Steve Quayle for the tip

https://www.securelist.com/en/blog/208194210/Skypemageddon_b...

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This is called a "bot net"

This is called a "bot net" and it isn't new. (Though I've never seen Skype being used as the host for one.) It should also be noted that this is NOT a bitcoin weakness. This is Windows weakness. And a Skype weakness.

LOL

Find someone who was affected, post the blockchain. LMAO.

Actual evidence works better than BS journalism.

"a mate from Venezuela sent me a screenshot of her Skype client "

Aye, a buddy of mine from Antarctica sent me a video of her taskmanager. Look, there is something called printer-software.exe running. We found out later that this process was printing xeroxed butt pictures while she was away from her computer.

the most relieving thing about bitcoin haters is

95% of them have no idea of what they are talking about.

bitcoin is not at all affected by skype malware so the title is misleading. somebody just figured out how to take over peoples computers that run skype and instead of using the bandwidth to do ad clicks etc (been happening on skype for 10 years)they have figured out how to instead use the bandwidth to mine bitcoins. it does not affect my bitcoins or even the person who is infected. skype malware is old news.

if you can hold it, the government can take it.
btc $174+

keep stacking bitcoins and silver.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
My ฿itcoin: 17khsA7MvBJAGAPkhrFJdQZPYKgxAeXkBY
http://www.dailypaul.com/303151/bitcoin-has-gone-on-an-insan...

Cases such as the Kaspersky kidnapping and the Mcafee affair

Make me wonder if behind the scenes, these companies and individuals are being targeted by the powers that be in order to prevent state created malware from being exposed, especially certain countries.

SteveMT's picture

Some additional words of warning about Bitcoin.

Over and above the malware threat, any currency that is dependent on anything else, such as a corruptible computer or a changeable internet, cannot stand alone.
Brandon Smith, Founder of Alt-Market.com, about Bitcoin: "Ignore It..."

http://youtu.be/XhwJWsloC0Q

he says that 'the globalists'

he says that 'the globalists' always wanted a digital currency and thus bitcoin is playing into their hand.. right?

he would be 100% right if bitcoin was owned by visa or mastercard.

the major problem with using plastic is that it potentially compromises your privacy. then they also have an itemized list of all of your purchase history and a pretty accurate picture of 'who' and WHERE you really are.

hence the demand for bitcoin, right? the fact that it is supposedly truly anonymous and direct is what the major appeal is, right?.. along with the supposedly stable monetary base it affords.

but nothing he said had anything to do with bc as i understood it.

his other point is that 'the internet may be different tomorrow.'

which.. yea.

i don't see why everyone is hating on bc really. people want to have their cake and eat it too with precious metals. but as it stands today, gold/silver still has significant draw backs in everyday, online transactions where i can see a digital currency filling in some of those gaps (TEMPORARILY). not to mention, FRNs are still the predominant makeup of transactions.

make proper use of them all.

I like that.

"make proper use of them all."

It's nice to have multiple tools in your toolbox.

Poor guy

just doesn't see it yet. It's unfortunate that anyone would choose to accept advice formulated from the mind of this individual (based on what I observed in this video alone, I don't know anything else about him). Though I'll still say, if anybody put's all of their eggs, or even a large portion of them, into bitcoin's basket then they are majorly deficient in (un)common sense. But don't be afraid to participate in the experiment. Take bitcoin for a test drive and you may discover how useful they can be.

I like your comment:

Yes this dude is right to give advice base on a "err on the side of caution."

No one should be getting into bitcoin without understanding it and feeling comfortable with their own ability to take care of their wealth.

crypto-currencies require MUCH personal responsibility.

Aside from the dependency on the internet; this dude is wrong look and research my comment below.

His other argument regarding TPTB is baseless and just prays on the fears of people who do not understand crypto-currencies.

Dude if you distrust crypto-currencies more power to you. If you actually want to look into it and learn awesome. If not, that is cool too...

but to make claims based on fear to further feed the ignorance of others... whatever... more bitcoins for me!!!

"We’ve moved beyond the Mises textbook. We’re running in the open market." - Erik Voorhees

you don't need the internet for bitcoin.

http://retroshare.sourceforge.net/

http://project-byzantium.org/

https://www.torproject.org/

"We’ve moved beyond the Mises textbook. We’re running in the open market." - Erik Voorhees

Thanks for the post...

yeah all of these types of attacks are expected. ...People using other people's computers to mine bitcoins.

That's why getting into bitcoins requires much responsibility and constant education about the subject.

everyone in the DP should be buying silver.

The best investment anyone can make in bitcoins is to learn about them. So that if a person decides to go into them they know what they are getting into.

"We’ve moved beyond the Mises textbook. We’re running in the open market." - Erik Voorhees

Excellent

advice. Love the silver. And I predict that the more one learns about bitcoin, then the less fear they will experience regarding it.

...just wait till the banks really start freaking out.

Crypto-currencies really put a damper on their world-wide scams:

www.zerohedge.com/sites/default/files/images/user5/imageroot...

"We’ve moved beyond the Mises textbook. We’re running in the open market." - Erik Voorhees

Thanks for

the link. It's nice to recognize that others are interpreting this information similar to the way I do.

Crypto-currencies have opened an exciting door to a reality full of potential for new ways of operating freely, while removing powerful tools of control from those that seek to enslave. Welcome to the future.

Please change title to something honest...

and you will be rewarded...

even Teddy Roosevelt disdained pandas

Another Reason To Use Linux

Run Linux and you won't have to worry about this zomby bitcoin miner garbage.

"If you don't hold it, you don't own it."

   How is this relevant in the context of your title?

I hold bitcoin and I own it!
It's the only currency you can hold inside your head ¹.


stay away from brain wallets...

I was at a hacker meeting a couple days ago and they were laughing at how easy it is to break into brain wallets.

Get a wallet in which the private key is randomly generated.

i would highly recommend you use bitcoin armory. which builds on top of qt.

Brain wallets are brilliant to hold in a SHTF situation when you need to get out of a country or something like that...

try a cold storage by generating a paper wallet.

The best wallets are those that never connect to the internet.

bitcoinarmory.com

"We’ve moved beyond the Mises textbook. We’re running in the open market." - Erik Voorhees

Misinformed (Non?-)Hackers

As a computer scientist who has studied cryptography, I am going to have to completely disagree with your so-called hacker group's conclusion. Saying that brainwallets are insecure is the same as saying all passphrases (colloquially: passwords) are insecure. If you use a phrase to one-way encode your wallet, that is no different than using a phrase to one-way encode any other data. It all boils down to entropy; garbage-in garbage-out, low entropy passwords aren't good.¹ According to Bruce Schneier² it better be more than 5 words.³

Anyone who is smart enough to use a brainwallet, should be smart enough to choose an appropriately high entropy (long) passphrase.


cool man

thanks for the info.

their argument had to do with the capacity of the human memory: I remember them arguing about the human memory only being able to remember 12 words (which at the time I recognized as bs.)

They also claimed the capacity to figure out brain wallets through sending some sort of bug that would generate different thousands of options a second through the brain wallet systems.

What I find even more dangerous are programs like electrum that generate the brain-phrase for you.

Thanks for the intro on Schneier. I really like his material.

I have always agreed with your position, but since attending this meeting (in which I could of been misinformed) I still feel insecure generating a private key from a pass-phrase.

"We’ve moved beyond the Mises textbook. We’re running in the open market." - Erik Voorhees

This is what the inventors of bitcoins had in mind entire time

Steve Gibson and the lavasoft outfit are laughing their way to the bank.

You CAN "hold" your Bitcoins.

You CAN "hold" your Bitcoins. So many people still just don't get it. You can have 1 million Bitcoins and completely remove them from the system and hide them in your back yard.

That's actually pretty ingenious.

I've looked into GPU mining bitcoins before, but it seems like startup costs to actually make more off bitcoins than it costs per kilowatt hour to run the rig is growing. A botnet's not going to be anywhere near as efficient given that CPU's aren't nearly as good at mining and especially if you want the thing to be stealthy. However, it's pretty obvious from the screencap of task manager in the link that whoever designed this certainly wasn't going the stealthy route since it's maxing out the CPU.

On a sidenote, I wouldn't be surprised if there was governmental involvement. The media's been slinging the bitcoin rhetoric pretty hard the past few weeks playing the forthcoming regulations card, and if the US or EU wanted to start debasing bitcoins, now would be an opportune time to do it.

A RAT may use your machine to look for bitcoins

The Bit coin infrastructure benefits while you pay the electric bill and somebody else gets your bitcoins.

No bitcoins existing were missing.

Free includes debt-free!

predictable.

not at all a surprise.

even Teddy Roosevelt disdained pandas