Bitcoin Hackers Monitoring 2.3 Million Bitcoin Addresses

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Far greater than the original estimate of 400,000-600,000 monitored cryptocurrency addresses, the analysis reported that the bug monitors 2.3 million bitcoin addresses in hope of stealing the world's most valuable digital currency.

The Trojan operates by monitoring the clipboard activity of computers to detect if it contains a string similar to Bitcoin or Ethereum addresses.

If one isn't careful and fails to check, one can fall prey to the lurking bug and unknowingly send their crypto to the hackers.

In comparison, the Ethereum "Giveaway" scammers that plagued Twitter, stole 8,148 Ether, worth over $4 million.

Mt. Gox - This exchange once handled over 70% of the world's bitcoin transactions.

In two hacks, it lost 2609 BTC and 750,000 BTC - approximately $350 million at the time.

Bitfloor - In 2012, this exchange was hacked for 24,000 BTC. While considered a small hack at the time, today that amount is worth around $150 million.

Bitfinex - In 2016, the exchange lost 120,000 BTC, a total of $72 million.

Cryptocurrencies continue to attract scammers and hackers eager to steal valuable digital coins.

Until a more user-friendly method address validator is implemented, always double-check and confirm addresses when sending and receiving cryptocurrencies, especially if you copy and paste.

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