Bitcoin is a payment system on the Internet and also works like a way to exchange foreign currency, which recently emerged as an open-source software. It uses a cryptography system to secure its monetary transactions which includes creating, transferring and supporting all its control on the Internet. Here, the participant checks and saves payments in exchange of transaction carried through the software’s on computers and mobiles. This process is also carried when purchasing services, products and other currencies.
Due to the growth of Bitcoins, a new threat arose about its security. Users of Mac who needs Bitcoins for their transactions have no idea that they are at threat of losing their money if they are not careful while installing the app which has a harmful programming code. “OSX/CT” application is a Trojan virus similar to a Bitcoin application “StealthBit”. This seatbelt is operated by Mac users for their transactions. One can get confused while downloading the Trojan which looks exactly like Bitcoin.
This StealthBit application was first published on “GitHub”. A developer who has created this Trojan have used the source code from the StealthBit application which was uploaded to the Github. Once you install this model of StealthBit virus, it automatically installs the extensions into your web navigator. These destructive add-ons on browser can take confidential data from you about Bitcoins including Blockchain.com, MtGox and BTC-e. If those extensions get to capture some important information, it sends your login information to the hacker and you start losing your bucks without getting noticed.
A case about the stealing of Bitcoins also came up, when a person installed this app and he lost his 20 Bitcoins which had value of $ 13,480. So , if you use a Mac, please pay much attention! If you like to use the Bitcoins app and you use Chrome , pay attention to your extensions of browsers and also “Pop-up Blocker” or even anything at all from it. After that. Clear all of them instantly.
Everything has pros and cons, same applies to Bitcoins, on one side web development have created a good app for transaction of money and on the other side it has also given rise to cybercrime by creating malware of it. Web development and programming used in the best way can benefit lot not only in terms of programming, but also in the way you are thinking and creating a business for goodwill of others.