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Swiss Cyber Authorities Identify Crypto Trojans: Dridex, Gozi, Monerominer

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Swiss financial institutions continue to be exploited by cybercriminals. Cyber Authorities have identified Dridex, Gozi, and Monerominer as Crypto Trojans.

Switzerland’s financial institutions continue to be exploited by cybercriminals, says the latest research report by cybercrime authorities. The only except in 2018 is that the targets are no longer banks but crypto exchanges. The research identified Monerominer virus, as the sixth most significant malware thanks to the anonymous nature of the virtual asset.

 

MELANI Research

The organization Reporting and Analysis Centre for Information Assurance (MELANI) has shared the details of the recent cyber threats assailing Swiss internet space in recent times.  

Most important findings of the research outfit have been the Trojan Dridex which in its characteristic is an e-banking threat but has been re-worked to exploit the latent insecurities of cryptocurrency operations.  The virus had made its first appearance in 2012 as Cridex. The latest study reports that the configuration files of the virus had notably increased the number of crypto exchanges it had targeted.

The second such significant virus it found was Gozi. Researchers in 2009 had first unearthed the virus. In its latest avatar, the virus has morphed sufficiently to exploit digital assets. Not surprisingly, the research also found that Gozi targets were no longer just banks but the cryptocurrency exchanges.

Gozi was found to be the ninth most prevalent virus disturbing the cyberspace in Switzerland where banks and cryptocurrency dominant the internet.

For the very first time, the virus was found to be ‘malvertising’ in order to infect the network as early as possible.

The concept of malvertising is of recent origins. It is a method where advertisements are malware and victims are cheated into downloading these advertisements. The method the malware uses is to place the advertisements above the results displayed by the search engines. Hence, users are confused and often mislead into clicking on these malware advertisements.

 

Two million undiscovered variants

The third most significant virus that the research of the premier Swiss Cyber organization has discovered is the Monerominer.  As a matter of fact, this has been the most significant of the cryptocurrency viruses that the agency has been able to identify thus far. The incidence of these threats has been as high as sixth most common malware threat infecting Switzerland.

Additionally, the virus also doubles as a malware bot. The impact of this malware is huge. The bot has the capacity to download and also run other malware. This will lead to more information being stolen from the account. The bot also records the keystrokes and will encrypt the hard drive matter. After which it will demand ransom from the victim in the form of cryptocurrencies to release the data it holds encrypted. Thus the impact of this bot-virus is long lasting and impacts a wide section of the cryptocurrency users as well as fiat-currency users.

Monerominer does not stop at the bot version either.  Researchers have lately discovered the range and depth of this CoinHive script.  Over two million variations remained undiscovered!

#Bitcoin Price Analysis

BTC to USD, 19th May: Bitcoin Price Analysis, $6000 or $9000?

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Bitcoin price started to recover massively after crashing down to around $6600 level. BTC is currently trading in a positive momentum.

Technical Indicators:

Support Levels: $7500, $7000, $6600

Resistance Levels: $8000, $8200, $8300, $8500

Key Points:

  • Bitcoin price started to recover massively after moving above $6800 level.
  • The bulls pushed the price back above $7000 and even $7500 resistance level.
  • Bitcoin price was also able to break above the bearish pattern line which was being formed on the hourly chart with resistance around $7300.
  • Currently, BTC seems to be eyeing towards $8000 resistance level.

 

Bitcoin Price Analysis:

SUMMARY: Bitcoin price started to recover massively after crashing down to around $6600 level. BTC is currently trading in a positive momentum and might soon test $8000 resistance level to move towards $8500 and even $9000 levels if it remains above $7200 and $7000 support levels.

Bitcoin price gained bullish momentum last week and broke above $7000 resistance level. The buyers were also able to push the price above $7200, $7500 and $7800 resistance level. BTC even moved over the $8000 level to record a new yearly high at around 8360. However, bitcoin price started to correct downwards later on and fell below $8000 level. The selling pressure increased massively and BTC also broke below $7000 support level which turned the overall momentum into negative. However, Bitcoin price found decent support around $6650 level where buyers were able to stop further losses.

Bitcoin price soon started to recover back upwards and broke above the resistance formed around $7000. BTC was also able to break through $7200 resistance level as well as the bearish pattern line that was being formed on the hourly chart with resistance around $7300. Bitcoin price also moved above $7500 resistance level and is currently trading well above this range.

With BTC currently trading around $7800, the overall momentum seems positive and Bitcoin price might soon test the $8000 resistance zone above which it might test the $8200, $8300 and $8500 levels. However, if bitcoin price started to correct downwards again, it is very essential for BTC to maintain its position above $7000 to remain bullish. If BTC falls below $7000 and $6600 support level, it might turn towards $6000 and even $5500 level in the short term.

BTC to USD Price Chart 19th May

BTC to USD Price Chart 19th May

The chart shows that bitcoin price was able to recover nicely after falling towards $6650 level. The overall momentum seems bullish and BTC might test $8000 level to move towards $8200, $8300 and $8500 resistance levels. On the downside, BTC is currently supported at $7500, $7000 and $6600 level below which the momentum might turn bearish.

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#Bitcoin Price Analysis

BTC to USD, 15th May: Bitcoin Price Analysis, $8500 or $7000?

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Technical Indicators:

Support Level: $7600, $7500, $7200

Resistance Level: $8100, $8350

 

Key Points:

  • Bitcoin price started to correct downwards sharply after rising up to around $8350.
  • The sellers pushed the price below $8000 and BTC tested the $7600 support level.
  • A bearish pattern is being formed on the hourly chart with resistance around $8100 which might push the price back downwards.
  • Bitcoin price might test the $7600, $7500 and even $7200 support levels before it starts a fresh upside move.

 

Bitcoin Price Analysis:

SUMMARY: Bitcoin price started to correct downwards and fell below $8000. BTC is currently supported at $7600 and $7500 and might soon test the $8100 and $8350 resistance levels again.

 

Bitcoin price broke above the $8000 resistance level yesterday with bullish momentum. The buyers even pushed the price above $8100 and $8300 resistance levels, however, there were a lot of sellers placed around $8350 resistance level and thus after reaching up to $8340, bitcoin price started to correct downwards. During the downward correction, BTC delined below $8200 and $8000 support levels.

 

As the price declined below $8000, the selling pressure increased and the bitcoin price was pushed back to the $7600 support level. BTC reached up to $7631 before the buyers were able to control the situation and stop further losses. Currently, Bitcoin is trading well above $8000 and trying to move towards $8100 level. Also, there is a bearish pattern being formed on the hourly chart with the resistance at $8100 which might push the price back downwards. Thus, it is very essential for bitcoin price to break above this level in the short term to stay bullish.

 

The current resistance lies around $8100 above which BTC might test the $8350 resistance level again. A close above this range would take bitcoin to the $8500 and $8700 levels. However, if BTC falls below the $7600 support level, it might fall back towards $7200 and even $7000 level below which the momentum might turn bearish.

 

BTC to USD Price Chart 15th May

BTC to USD Price Chart 15th May

The chart shows that the bitcoin price is currently trading above $8000 and trying move towards $8100 level. Most likely, bitcoin price might fall down towards the $7600 support level again before starting a fresh upward move. As long as bitcoin remains above $7600 level, it will stay in an uptrend and might soon test $8350 and $8500 resistance levels.

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#Bitcoin

Alert: GotSatoshi Reveals the Real Identity of Satoshi Nakamoto?

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A new website called GotSatoshi now claims to know the real identity of the founder bitcoin Satoshi Nakamoto.Here is what they revelead.

The identity of Satoshi Nakamoto is one of the biggest secrets in the world, especially in the cryptocurrency industry. A lot of people have speculated the real identity of the bitcoin founder and some people such as Craig Wright has even self-proclaimed themselves to be Satoshi Nakamoto. A new website called GotSatoshi now claims to know the real identity of the founder bitcoin Satoshi Nakamoto.

 

Where in the world is Satoshi: The Countdown ends

The website ran a countdown and also posted on their official twitter account claiming to know the real identity of the founder of bitcoin.

 

The countdown which ended just a few minutes back (from the time of publication) revealed a video which is actually marketing a news website called PaiNews. It seems that it was just another joke or a method of fooling and attracting traffic to the website.

 

What are your thoughts on such lame jokes or methods of attracting traffic? Tell us in the comments section below.

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