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Hackers have been observed hosting malicious code on Binances Smart Chain and dropping it to people via smart contracts.

Smart contracts are programs stored on the blockchain that run when certain conditions are met.

blockchain

It may have an easy-to-guess password or a flawed and outdated add-on through which they obtain access.

They also add an obfuscated JavaScript code that creates a smart contract and queries the Binance Smart Chain.

Unlike hosting it on a Cloudflare Worker service as was mitigated on the earlier variant.

Truly, it is a double-edged sword in decentralized tech.

Ultimately, the victims will install an infostealer on theirendpoints, be it Amadey, Lumma, or RedLine.

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