You are here Home » Tech » Apps and Software » Chrome Web Store distributed a malicious Extension that was stealing Cryptocurrency

Chrome Web Store distributed a malicious Extension that was stealing Cryptocurrency

by Felix Omondi
Chrome Web Store distributed a malicious Extension that was stealing Cryptocurrency

Despite Google best effort, every now and then, there emerge hackers brilliant enough to find ways around the defenses the company has set for its Chrome Web Store and Play Store.

Security researcher Harry Denley has exposed a sneaky Chrome extension – NoCoin – that masks itself as an app for blocking crypto jacking. The app looks like the popular crypto-jacking blocker MinerBlock. So if you have already installed the extension, don’t beat yourself too much; they also dupped Google.

How hackers got you to download NoCoin

The hackers behind this crypto-stealing Chrome extension are smart. You can see that in the way the built a fake ERC20 token and named it Huobi; the popular cryptocurrency exchange desk. Winning over owners of cryptocurrencies familiar with the name.

Once you install the extension, it then began an elaborate ploy for stealing your wallet’s private keys. The ERC20 token was distributed by a website claiming to be an airdrop platform and invited visitors to install the malicious app.

Upon installing the extension, this fake crypto jacking blocker started targetting users of wallet solutions Blockchain.com and MyEtherWallet. According to Denley, the extension has been installed by at least 230 users.

The extension is currently not available on the Chrome Web Store as it appears Google has already learned it is a malicious application. The company must have also been embarrassed at how the hackers also fooled the cyber defense system they have in place.

Then again, it not like that was the first time hackers have been able to fool Google. In 2018, Hard Fork reported that Google Play Store harbored a disturbing amount of cryptocurrency malware

More details on this malware out to steal your cryptos, you can read the information Denley share over at his Medium account here.

You may also like