Malicious Text Message Can Hijack Mobile Phones to Mine Cryptocurrency

in #cryptocurrency7 years ago

There have been quite a few different security woes recently in the world of Bitcoin and cryptocurrency.

Criminals always seem to come up with new ways to trick Bitcoin users into giving up account credentials or access to funding.

Over in Australia, one such threat was identified earlier this week.

Criminals figured out how to use a text message to hijack a mobile phone’s resources in order to mine cryptocurrency.
It’s a very disturbing development that could have major consequences.


Thanks for reading.

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how does it do it? it seems somewhat unbelievable by text only.