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Nov. 1, 2017

Hackers have stolen cryptocurrencies worth $100,000 through a new malware detected by Kaspersky Lab researchers, Business Standard News reported.

According to the Russia-based cybersecurity company, criminals are targeting popular cryptocurrencies such as Bitcoin (Bitcoin), Ethereum (ETH/USD), Zcash, Dash, Monero (XMR/USD)and others to steal 23 BTC.

"Cryptocurrency is not a far-off technology any more. Lately we have observed an increase in malware attacks targeting different types of cryptocurrencies and we expect this trend to continue," Sergey Yunakovsky, malware analyst at Kaspersky Lab, said in a statement.

After initializing, the "CryptoShuffler Trojan" starts to monitor the device's clipboard, utilized by users when making a payment. This involves copying wallets' numbers and pasting them into the "destination address" line of the software that is used to carry out a transaction.

The Trojan replaces the user's wallet with one owned by the malware creator, meaning when the user pastes the wallet ID to the destination address line, it is not the address they originally intended to send money to.

As a result, the victim transfers his or her money directly to the criminals, unless an attentive user spots the sudden replacement.

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