Monero Mining Malware Hits Apple Macs

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A new Mac-based cryptojacking attack was reported this past week on Apple’s forums, forcing users to unwittingly run software that mines privacy coin monero.

According to a Malwarebytes Labs blog post, the software was discovered when a user noticed that a process called “mshelper” consumed suspiciously-large amounts of CPU time. The user said that mshelper was constantly appearing in the CPU section of their Activity Monitor at high levels. They noticed this after installing BitDefender, which constantly relayed that mshelper was deleting it. This user tried using Malwarebytes, which proved unhelpful.

One reader suggested running Etrecheck, which immediately identified the malware and allowed the victim to remove it.

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Malware Components Identified

Malwarebytes Labs said there were other suspicious processes installed, for which it was able to find file copies.

The “dropper” is the program that installs the malware. Mac malware oftentimes is installed by decoy documents users mistakenly open, downloads from pirate sites, and false Adobe Flash Player installers. The dropper remained elusive for cryptominer, but Malwarebytes Labs believes it to be a simple malware.

The researchers found the location of a launcher file called “pplauncher,” which is maintained by a launch daemon. This means the dropper likely had root privileges.
The pplauncher file was written in Golang for macOS, its purpose being to install and begin the miner process. Golang requires a certain amount of overhead that causes a binary file of more than 23,000 tasks. To use this for a simple purpose indicates the creator is not highly knowledgeable about Mac devices.

Modelled On A Legitimate Miner

The mshelper process gives the appearance of an older version of XMRig miner, a legitimate miner that can be deployed using Homebrew on Macs. Information from the current XMRig indicates it was built on May 7, 2018 with clang 9.0.0.

When the same information was sought from the mshelper process, it indicated it was built on March 26, 2018, also with clang 9.0.0.

Malwarebytes Labs concluded that mshelper is an older XMRig copy used to create the cryptocurrency for the benefit of the hacker. The pplauncher gives command line statements, including a parameter that specifies the user.

The researchers said that the mining malware is not dangerous unless the user’s Mac has damaged fans or clogged vents that can result in overheating.

The mshelper is a legitimate tool that someone is abusing, but it still needs to be removed, as well as all of the malware.

The new malware — now known as OSX.ppminer — falls in line with cryptominers such as Creative Update, CpuMeaner and Pwnet for macOS.


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Author Lester Coleman
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A look at the credit card shaped hardware device called ‘Coolwallet’

The Credit Card Size and Shaped Coolwallet S Cryptocurrency Hardware Wallet

Cryptocurrency enthusiasts take security and storage seriously, and there are a bunch of different hardware solutions out there. One startup has released a different kind of digital asset hardware wallet that is the same size and shape as a credit card. Due to the design of the new ‘Coolwallet S,’ the wallet can be hidden very easily alongside the option of being carried effortlessly in your back pocket.

Coolbitx is a Taiwanese financial-tech company founded by Michael Ou in 2014 that creates digital asset hardware wallets as well as smart contract development platforms. Back then the wallet creators started an Indiegogo campaign featuring the credit card shaped hardware wallet that allowed the secure storage of bitcoin private keys. During the Indiegogo campaign, the team raised $21,686 USD through 184 backers, 108 percent of their goal. Moreover, the startup Coolbitx is backed by firms such as Bitmain Technologies, SBI Holdings, Kyber Capital, Midana Capital, and more.

A Look at the Credit Card Shaped Hardware Device Called 'Coolwallet'

Basically, the Coolwallet S is the size of a traditional credit card at roughly 85.60 × 53.98 mm with rounded corners. It has a display on the upper left side which shows the wallet’s data like sending and balances. The creators of the Coolwallet S device claim that cryptocurrencies are held in an isolated offline environment and the card’s tactile button ensures an owner’s two-factor authentication process. The Coolwallet S holds five popular digital assets such as Ethereum (ETH), Bitcoin Core (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ripple (XRP), and an assortment of ERC-20 tokens.

A Look at the Credit Card Shaped Hardware Device Called 'Coolwallet'

Coolwallet is NFC & Bluetooth Compatible and Also Works With Mobile Phones

The wallet developers have made the card flexible, waterproof, and fire resistant as well. The Coolwallet S syncs data via encrypted Bluetooth technology and its NFC (Near Field Communication) charger powers the device with its own power dock. Moreover, the new Coolwallet S can be tethered to a mobile application for Android and iOS devices.

“Keep it private, keep it safe, keep it Cool,” says the Coolbitx developers.

“Have total, end-to-end control over your cryptocurrency with an EAL5+ certified Secure Element microchip on a tamper-proof physical device.”

The Coolwallet S is a bit more expensive compared to other hardware wallets on the market like Keepkey, Digital Bitbox, Trezor, and Ledger. The Coolwallet S costs $189 but users can purchase a ‘Duo’ package for $299. One thing we noticed when proceeding to the checkout is the wallet has to be purchased with a credit card, as there was no option to pay for this product with a cryptocurrency. This post will be followed up with a step-by-step review of the Coolwallet S as soon as our device arrives.

What do you think about the Coolwallet S hardware wallet?


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

Source
Author Jamie Redman
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