Sage Investment Club

Crypto Trojan Horses

A Trojan Horse is an object that looks inviting or desirable but is used to smuggle in something hidden that the receiver wouldn’t otherwise have accepted. In the world of crypto, Bitcoin’s price action has been referred to as a Trojan Horse. In this case, buyers are first attracted by the digital currency’s historically rising […]

BaFin Alerts on Trojan Virus Affecting Crypto Apps

Germany’s Federal Financial Supervisory Authority (BaFin) has urged consumers to beware of ‘Godfather’, a trojan virus that attacks Android-based banking and cryptocurrency apps. The regulatory authority announced on Monday that the trojan virus currently “records user input from banking and crypto apps.” BaFin in a statement noted that the malware has attacked about 400 banking […]