Zcash Community Discovers Fake Malicious Version of ZECWallet

The latest Zcash news bring a new update, stating that members of the Zcash community recently discovered what seems like a scam – and a very suspicious and potentially malicious counterfeit version of the Zcash Foundation and its native ZecWallet.

According to a Twitter post that was published on October 20 and then retweeted by the Zcash developer Electric Coin Company, the fake ZecWallet was discovered by the community and likely contains malware. The tweet reads:

“PSA to all Zcash users! There is a fake version of ZecWallet that likely contains malware (size and checksum is different) double check you are downloading from official @zecwallet repo on GitHub: https://github.com/ZcashFoundation/zecwallet”

As we previously reported in our cryptocurrency news, a bug was found in all Zcash implementations and most of its forks – identified as one that could leak metadata that contains the full nodes with shielded IP addresses.

On October 18, the major antivirus software supplier ESET also discovered a “trojanized” version of the Tor Browser designed to steal Bitcoin (BTC) from its users. Similar to the Zcash community, ESET discovered the bug and its vulnerability. Targeting users in Russia, the fake Tor Browser was distributed via two websites and has been stealing crypto from darknet shoppers by swapping the original crypto addresses since 2017.

This was not a first for ESET. The company also flagged another form of malware in October, stealing crypto from users. The update was named “Casbaneiro” or “Metamorfo” and has the banking trojan which targeted banks and crypto services located in Brazil and Mexico, allegedly stealing 1.2 BTC at the time.

The ZEC token is now trading at $36.44 with a 0.77% increase on the day. The market cap of the ZEC cryptocurrency is now at $279.7 million. There have been a lot of ups and downs for ZEC lately, but the Zcash community believes that the coin is able to go through all of them and prove that it is something worth investing in.

Meanwhile, the other news show that Monero (XMR) was the best performer last week. Besides XMR, the Bitcoin Cash BCH token is in an impressive run today with gains of 5%. The true leader, however, is Chainlink’s LINK token which managed to rise by 12.44% on the day.