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End “Shitcoin Shilling” on Facebook With Chrome’s Social Fixer Plugin

Even though Facebook is taking an aggressive stance toward cryptocurrencies and ICOs, news feeds are still clogged up with related content. For users who want to get rid of most of the shilling on social media, the Social Fixer tool is certainly worth checking out. It doesn’t just apply to cryptocurrency content either, as users can hide posts containing specific content.

Social Fixer is a Godsend

Anyone who uses Facebook – seemingly fewer people compared to two years ago – will have noticed that getting involved with cryptocurrencies can fill up one’s news feed with a lot of content. This does not just apply to news articles, but also to a lot of shilling by members of specific cryptocurrency-related groups on the platform. Facebook is home to a lot of crypto enthusiasts, although not all of the content being spread is worth paying attention to.

With the Social Fixer solution, users now have a creative – and legal – way to deal with all of the cryptocurrency shilling. This tool lets users filter posts containing specific words or sentences, and ensures the information doesn’t show up in one’s feed. It is a far better solution than leaving cryptocurrency groups altogether or scrolling past dozens of messages hyping up a particular currency no one really cares about.

As this screenshot shows, there is a fair amount of hate for specific cryptocurrencies. This is especially true where Ripple is concerned, although it seems Verge is not scoring too many brownie points either. While this is just one user labeling these currencies as “shitcoins”, Facebook users can customize the Social Fixer plugin to their heart’s desire.

What makes this particular plugin so intriguing is that it can be used to curate any type of content from Facebook. It has become more than apparent that the social media giant wants to force specific content on its users, mainly for advertising reasons. It is certainly possible that Social Fixer will get rid of most of that content as well, which will allow for a more customized Facebook feed.

This approach is far more favorable compared to the harsh action Facebook itself has taken. The company wants to get rid of any advertisement related to cryptocurrency and blockchain technology, but individual groups are still allowed to exist. With all of the shilling taking place in those groups, it is only normal that people will look for ways to filter out that content. Reporting such spam is still advised, although it may force the company to crack down on cryptocurrency content even further.

Whether or not this will lead to far better content sharing on Facebook remains to be seen. If the shilling posts turn out to be less successful than before, people will find different ways to spread their message. Facebook has a responsibility in all of this as well, as the social media giant has to keep its users safe from misleading and false information.

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The Jigsaw Ransomware Has Been Revived to Steal Bitcoin from Unsuspecting Users

The Jigsaw malware is back and it is ready to steal Bitcoin from consumers once again. Jigsaw is Back to Scare Bitcoin Users ZDNet recently reported that the “Jigsaw” ransomware has recently been revised by hackers to steal Bitcoin from unsuspecting users through a “simple-but-effective trick.” According to the technology news source, Jigsaw first appeared in the cryptocurrency scene in April 2016 as a form of ransomware, holding the files and information of users hostage until a ransom of Bitcoin was paid. The reason why it is named Jigsaw is due to the fact that the piece of code displayed the likeness of the Saw horror film villain. However, with this most recent revision, the ransomware has been re-purposed to steal Bitcoin in a fairly innovative and non-intrusive manner, modifying the addresses inputted by a user. Once the piece of malware alters an address, the Bitcoin payment will then be redirected to the hacker’s wallet, resulting in lost crypto for the victim. Jigsaw, or “BitcoinStealer,” as it is known by references in the code of the program, accomplishes this by altering Bitcoin addresses in someone’s clipboard, or the area where copied pieces of text lie. However, the ingenuity of the program does not stop there, as BitcoinStealer is able to the intended address of the payment to one that looks very similar, using a program such as VanityGen to trick the user into thinking the hacker’s address and the original address are one and the same. Image Courtesy of Fortinet This ingenuity has proven to be rather successful, with researchers from Fortinet, who first broke the news about Jigsaw, saying that cyber attacks utilizing this method have garnered over 8.4 Bitcoin, or approximately $61,000 at current market prices. Fortinet also discovered that there were many similar projects for “modifying cryptocurrency addresses” being advertised on dark web forum sites, presumably by hackers enlisting the same method of attack. Crypto-Related Cybercrime is Still Prevalent Despite Price Decline However, this method of cybercrime, which the cyber researchers called the “clipboard-substitution malware family,” was not mentioned in a recent threat report from the cybersecurity firm Malwarebytes. According to the report released on July 17th, ransomware and cryptojacking were by far the primary sources of crypto-related cybercrime, with “cryptominers continuing to dominate” the threat landscape. Despite starting to slow down due to declining cryptocurrency prices and mining profits, the Cybercrime Tactics & Techniques Report for Q2 2018 still found that cryptominers are as prevalent as ever, noting: “Cryptomining detections are slowly declining; however, as one of the top two detections for both businesses and consumers, they still dominate the threat landscape” Nonetheless, moving into Q3 of 2018, Malwarebytes expects for cryptojacking cases to slowly fade, as cybercriminals follow the industries where they can make the biggest profits. The security firm wrote: “Ultimately, many criminals aren’t getting the return on investment (ROI) from cryptomining they were expecting. The cryptojacking craze will likely stabilize as it follows market trends in cryptocurrency… Until changes in the cryptocurrency market cause a spike or swift downturn, expect to see cryptomining hum along at its current slower pace into Q3.” It is likely that the propagation of clipboard-substitutions will become a growing threat for cryptocurrency users moving into the future, as it is a much more reliable, non-intrusive and profitable way for hackers to get their hand on consumer crypto. So watch out, double, triple or even quadruple check the address when you send your next Bitcoin transaction. Featured image from Shutterstock. The post The Jigsaw Ransomware Has Been Revived to Steal Bitcoin from Unsuspecting Users appeared first on NewsBTC.

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