North Korean Hacking Group May Be Behind Malware-Laden Fake Crypto Site

A new and hard-to-detect macOS malware variant has been discovered lurking on a fake cryptocurrency trading site.

Dec 4, 2019 at 11:54 a.m. UTC
Updated Sep 13, 2021 at 11:45 a.m. UTC

A new and hard-to-detect macOS malware variant has been discovered lurking on a fake cryptocurrency trading site.

Discovered by malware researcher Dinesh Devadoss, the malicious code is believed to have been developed by the notorious North Korean hacking group Lazarus, Bleeping Computer reports on Wednesday.

The software was found on a website with the address "unioncrypto.vip" and claiming to offer a "smart cryptocurrency arbitrage trading platform," according to the report, however no download links are live on the site.

Of concern to researchers, the variant is able to pull a payload from a remote location and run it in memory, making it harder to conduct forensic analysis. So far, the malware can be detected by very few virus detection engines, with only five raising an alert when the Bleeping Computer report was published.

The malicious package has no certificate, however, and raises an alert from macOS. Further, while the remote server is active, there is not yet any payload present. Those factors may mean the malware was found before the hackers were able to complete the trap, presumably aimed at crypto holders.

Another researcher, Patrick Wardle, said that there are "clear overlaps" between this new malware threat and another recently attributed to Lazarus. A malware variant found in October, attributed to the hacking group, was also hidden on a fake crypto trading site.

Bleeping Computer also cites another instance, discovered by Kapersky and attributed to Lazarus, that used a cryptocurrency trading app to deploy Mac malware.

In September, the U.S. sanctioned three North Korean entities for cyber crimes, citing cryptocurrency thefts as one of the reasons behind the move.

The U.S. Department of the Treasury identified Lazarus, as well as Bluenoroff and Andariel, as entities it believed responsible for the theft of $571 million-worth of cryptos from Asian exchanges in 2017 and 2018.

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
San Francisco NFL Player Alex Barrett Taking His Salary in Bitcoin

The most valuable crypto stories for Thursday, May 20, 2022.

The most valuable crypto stories for Thursday, May 20, 2022.

CoinDesk - Unknown
2
CoinDesk - Unknown
Justin Sun Still Thinks Algorithmic Stablecoins Are a Good Idea

The crypto mogul also said LUNA and UST might make good "meme coins," he said on CoinDesk TV’s “First Mover.”

The crypto mogul also said LUNA and UST might make good "meme coins," he said on CoinDesk TV’s “First Mover.”

CoinDesk - Unknown
3
CoinDesk - Unknown
Former BitMEX CEO Arthur Hayes Sentenced to 2 Years Probation

Hayes pleaded guilty to one count of violating the Bank Secrecy Act (BSA) in February, and faced a sentence of up to 12 months in prison.

Hayes pleaded guilty to one count of violating the Bank Secrecy Act (BSA) in February, and faced a sentence of up to 12 months in prison.

CoinDesk - Unknown
4
CoinDesk - Unknown
Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform

Aversion to risk remains as volatility returns to stocks and cryptos.

Aversion to risk remains as volatility returns to stocks and cryptos.

CoinDesk - Unknown