2 min read

Bitcoin thieves use malicious QR code readers to steal $45,000 this month

Alina BÎZGĂ

March 31, 2020

Ad One product to protect all your devices, without slowing them down.
Free 90-day trial
Bitcoin thieves use malicious QR code readers to steal $45,000 this month

Payments in cryptocurrency are not limited to extortionists who provide you their Bitcoin (BTC) wallets in their “contact info”.

Adapting to the growing popularity, merchants around the world have added payment options that accept bitcoin or other types of cryptocurrency.

Last week, security researcher Harry Denley, exposed nine websites advertising fake Bitcoin-to-QR code generators:


• bitcoin-barcode-generator[.]com
• bitcoinaddresstoqrcode[.]com
• bitcoins-qr-code[.]com
• btc-to-qr[.]com
• create-bitcoin-qr-code[.]com
• free-bitcoin-qr-codes[.]com
• freebitcoinqrcodes[.]com
• qr-code-bitcoin[.]com
• qrcodebtc[.]com

All BTC to QR Code websites have an identical interface and claim that, if you enter your Bitcoin address, the QR code will be instantly generated. “A super practical way to get a scannable code to send Bitcoin transactions” – or an easy way for cyber thieves to make a quick buck.

The programs that should convert your actual Bitcoin address into a QR code for easier fund transfers, actually generate a QR code corresponding to five different bitcoin wallets of the perp, the investigation reveals.

So far, the fake QR code generators have managed to scam victims out of 7 BTC ($45,000). What makes the hoax so puzzling is that cryptocurrency users have the ability to generate a QR code through their wallet, however, they opted to rely on bogus online code generators instead. Since this functionality can be found in both virtual cryptocurrency wallets and some exchange points, it”s recommended to stay away from these online tools and websites — they do nothing but steal your funds.

Interestingly enough, the above websites are hosted on three separate servers, anchoring an additional 450 suspicious websites boasting keywords such as COVID-19, cryptocurrencies and Gmail.

While most of the discovered domains are offline, some point to bitcoin transaction accelerators that vow to speed up your bitcoin transfers if you pay 0.001 BTC (6 USD). Four of the domains are listed below:

• bitcoin-transaction-accelerator[.]com
• transaction-accelerator[.]com
• bitcoin-tx-transaction-accelerator[.]com
• viabtc-transaction-accelerator[.]com

The bitcoin addresses of these accelerators have gathered over 15 BTC so far, which rounds up to $100,000.

tags


Author



Right now

Top posts

August Spam Debrief: Bitdefender Labs Warns of Fraud Campaigns Exploiting the Russia-Ukraine War

August Spam Debrief: Bitdefender Labs Warns of Fraud Campaigns Exploiting the Russia-Ukraine War

August 31, 2022

4 min read
Snake Keylogger Returns in Malspam Campaign Disguised as Business Portfolio from IT Vendor

Snake Keylogger Returns in Malspam Campaign Disguised as Business Portfolio from IT Vendor

August 30, 2022

2 min read
What is medical identity theft and how to protect against it

What is medical identity theft and how to protect against it

July 27, 2022

2 min read
Curious about Omegle? Here’s how the roulette-style chat platform can threaten your online privacy and security

Curious about Omegle? Here’s how the roulette-style chat platform can threaten your online privacy and security

July 07, 2022

5 min read
Identifying and Dealing with Online Bullying Is Not Impossible - School Presentation Inside

Identifying and Dealing with Online Bullying Is Not Impossible - School Presentation Inside

June 28, 2022

2 min read
Let’s Celebrate World Social Media Day by Improving Your Privacy and Security Online

Let’s Celebrate World Social Media Day by Improving Your Privacy and Security Online

June 28, 2022

3 min read

FOLLOW US ON

SOCIAL MEDIA


You might also like

Prison for ex-eBay staff who aggressively cyberstalked company's critics with Craigslist sex party ads and funeral wreaths Prison for ex-eBay staff who aggressively cyberstalked company's critics with Craigslist sex party ads and funeral wreaths
Graham CLULEY

September 30, 2022

2 min read
Honolulu Man Sabotaged Former Employer’s Network and Business Using Still-Active Credentials Honolulu Man Sabotaged Former Employer’s Network and Business Using Still-Active Credentials
Silviu STAHIE

September 30, 2022

1 min read
North Korean Gang Uses Compromised Open Source Software to Distribute Malware, Researchers Find North Korean Gang Uses Compromised Open Source Software to Distribute Malware, Researchers Find
Silviu STAHIE

September 30, 2022

1 min read