Newly found malware uses Dogecoin blockchain to breach cloud servers

  • Researchers at Intezar have detected a malware (Doki) that relies on Dogecoin to attack cloud servers. 
  • The malware uses the blockchain to generate C2 domain addresses and breach cloud servers. 
  • There has been no adverse effect on DOGE/USD’s price.

A new study by Intezar has revealed that hackers are relying on the Dogecoin (DOGE) blockchain to expand a malware dubbed “Doki.” The researchers at Intezar noted that Doki is an undetected backdoor that exploits the Dogecoin blockchain “in a unique way” to generate C2 domain addresses and breach cloud servers. It is deployed through a botnet called Ngrok. 

The malware then uses these domain addresses to search for additional vulnerable cloud servers within the victim’s network. An excerpt from the research paper reads: 

The attacker controls which address the malware will contact by transferring a specific amount of Dogecoin from his or her wallet. Since only the attacker has control over the wallet, only he can control when and how much Dogecoin to transfer and switch the domain accordingly.

According to Intezar, using Dogecoin to deploy malware that’s not related to cryptocurrencies may be “quite resilient” to security protocols and law enforcement. This is why Doki has managed to go unnoticed for more than six months despite having been uploaded to the VirusTotal database back in January.

DOGE/USD daily chart

DOGE/USD daily chart

DOGE/USD is on course of having three straight bullish and has encountered resistance at the SMA 20 curve. Currently, it’s priced at $0.003215. The Elliott Oscillator has had ten consecutive red sessions. The price shows three strong resistance levels at $0.003225 (SMA 20), $0.003312 and $0.003477. On the downside, we have three healthy support levels at $0.003163, $0.003024 and $0.002914 (SMA 50).

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Cryptos feed

Latest Crypto News

Latest Crypto News & Analysis

Editors’ Picks

Cryptos enter buy zone

Bitcoin price has made a significant dip this week, dropping more than 11% and returning levels not trades since August 2021. Etheruem price hits new three-month lows, threatens a return to the $2,300 value area. XRP price looks determined to push lower to the $0.65 support zone before generating another bull run.

More Cryptocurrencies News

Loopring, NEAR and Harmony among the biggest losers as crypto bloodbath intensifies

Altcoins suffered double-digit losses in the recent crypto bloodbath. The recent spike in altcoin prices was followed by a correction for Loopring, Harmony and NEAR. The losses nursed by altcoins were accompanied by a wave of selling pressure across exchanges. 

More Cryptocurrencies News

Shiba Inu price set to crash by 70% as critical support weakens

Shiba Inu (SHIB) price continues to be controlled by bears after the dead-cat bounce in stock markets yesterday evening. With the Nasdaq closing sharply lower, giving up earlier gains, cryptocurrencies are being dragged into a selloff on its coattails, and bearish headwinds  persist. 

More Shiba Inu News Price Prediction: CRO ready to return to $0.25 Coin (CRO) is withstanding the current market headwind not that great. It has already lost over 50% of its value from the highs, and CRO could be set to lose another 30% as essential support is being breached.

More News

Bitcoin: BTC may capitulate to $30,000

Bitcoin price has dropped considerably over the last three weeks. The recent downswing has made things worse for BTC and hints that a steep correction could be on its way.

Read full analysis