Cyber World News

Facebook’s libra cryptocurrency is reportedly preparing to launch with a single cryptocurrency, a scaled-down version of its original plan. The launch date for Facebook’s libra could be as early as January. Launch Date for Facebook’s Libra The cryptocurrency libra, proposed by social media giant Facebook, is reportedly preparing to launch as early as January next year. However, only a limited version of the libra cryptocurrency will launch at that time. According to the revised libra whitepaper, the Libra Association intended to initially launch with some of the currencies in the proposed libra basket, such as “librausd or ≋USD, libraeur or ≋EUR, libragbp or ≋GBP, librasgd or ≋SGD),” the association explained. However, the Financial Times reported Friday: The association would now initially just launch a single coin backed one-for-one by the dollar … The other currencies and the composite would be rolled out at a later point. The exact launch date for the libra crypto would depend on w...

Romanian police forces have arrested two individuals this week, for allegedly running two malware crypting services like CyberSeal and DataProtector to escape antivirus software detection. These services were purchased by quite 1560 criminals and used for crypting several different types of malware, including Remote Access Trojans, Information stealers, and Ransomware. The pair used the Cyberscan service also which allowed their clients to test their malware against antivirus tools. How do Criminals Bypass Antivirus Software? Generally, hackers bypass antivirus detection through the utilization of crypters that encrypt or hide the primary code in a piece of software, usually malware to pretend to be something harmless until it gets installed on the victim’s device. In this case, the services provided by these two suspects fall into a similar category and are offered for sale in the underground criminal market since 2010. Their clients paid between US$40 to US$300 for these crypting ser...

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