Attackers use name of lead exchanges to target crypto startups Attackers use name of lead exchanges to target crypto startups
Microsoft uncovered malware that is hidden in a pdf file titled "OKX Binance & Huobi VIP fee comparison"
1 min read
Updated: Dec. 7, 2022 at 3:53 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Tech giant Microsoft uncovered an attack targeting crypto startups using a pdf file that uses the names OKX, Binance, and Huobi.
The pdf file is titled “OKX, Binance & Huobi VIP fee comparison.xls.” and includes a malicious code that allows the attackers to access the victim’s software remotely, and run an excel macro in invisible mode on the background.
The attack
According to the document, Microsoft detected that the attacker had infiltrated chat groups on Telegram and pretended to be the representative of the exchange platforms in question.
It was realized that the attacker had in-depth knowledge in the matter as well, which he utilized to gain the trust of various crypto companies. Afterwards, the attacker convinced its victims to download the document in question.
Microsoft also warned that there might be other actors that use a similar method to infiltrate into systems.
Mentioned in this article
Author 
Zeynep Geylan
Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and cryptocurrencies and strongly believes in their transmuting power.
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In this article
OKX
OKX is a world-leading digital asset exchange, providing advanced financial services to global traders by using blockchain technology.
Binance
Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies.
HTX
Huobi, a virtual asset exchange, launched a revised branding strategy on September 13, 2023, where “Huobi” will be rebranded as “HTX.” “H” stands for Huobi, “T” represents TRON with a commitment to being all in TRON, and “X” stands for the exchange.