Friday Sep 13, 2024

New Linux Malware Targets Cryptocurrency Mining, Marylanders Lose Millions to Scams

A new Linux malware campaign exploits Oracle Weblogic to mine cryptocurrency. Cryptocurrency scams cost Marylanders nearly $94 million in 2023. Plus, the SEC directs a crypto firm to halt trading for all coins but Bitcoin, Ethereum, and Bitcoin Cash. Also, reported cryptocurrency losses reached $5.6 billion in 2023, according to the FBI.

Sources:
https://thehackernews.com/2024/09/new-linux-malware-campaign-exploits.html
https://www.cbsnews.com/baltimore/news/cryptocurrency-scams-cost-marylanders-nearly-94-million-in-2023-report-shows/
https://www.benzinga.com/markets/cryptocurrency/24/09/40847331/gary-gensler-led-sec-directs-crypto-firm-to-halt-trading-for-all-coins-but-bitcoin-ethereu
https://www.bleepingcomputer.com/news/security/fbi-reported-cryptocurrency-losses-reached-56-billion-in-2023/

Outline:
(00:00:00) Introduction
(00:00:46) New Linux Malware Campaign Exploits Oracle Weblogic to Mine Cryptocurrency
(00:03:02) Cryptocurrency scams cost Marylanders nearly $94 million in 2023, report shows
(00:05:58) Gary Gensler-Led SEC Directs Crypto Firm To Halt Trading For All Coins But Bitcoin, Ethereum, And Bitcoin Cash — What Does It Mean? - Grayscale Ethereum Mini Trust (ETH) Common units of fractional undivided beneficial interest (ARCA:ETH)
(00:08:48) FBI: Reported cryptocurrency losses reached $5.6 billion in 2023

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