North Korean threat actors have adopted a blockchain-based technique called EtherHiding to deliver malware designed to steal cryptocurrency including XRP.
Summary
- Hackers embed malicious code in smart contracts to steal XRP and other crypto.
- EtherHiding evades takedowns by hosting malware on decentralized blockchains.
- Fake recruiters trick developers into installing malware during job interviews.
According to Google’s Threat Intelligence Group, this is the first time GTIG has observed a nation-state actor using this method.
The method embeds malicious JavaScript payloads inside blockchain smart contracts to create resilient command-and-control servers.
The EtherHiding technique targets developers in cryptocurrency and technology sectors through social engineering campaigns tracked as “Contagious Interview.”
The campaign has led to numerous cryptocurrency heists affecting XRP (XRP) holders and users of other digital assets.
Blockchain-based attack infrastructure evades detection
EtherHiding stores malicious code on decentralized and permissionless blockchains and removes central servers that law enforcement or cybersecurity firms can take down.
Attackers controlling smart contracts can update malicious payloads at any time and maintain persistent access to compromised systems.
Security researchers can tag contracts as malicious on blockchain scanners like BscScan, but malicious activity continues regardless of these warnings.
Google’s report describes EtherHiding as a “shift towards next-generation bulletproof hosting” where blockchain technology features enable malicious purposes.
When users interact with compromised sites, the code activates to steal XRP, other cryptocurrencies, and sensitive data.
The compromised websites communicate with blockchain networks using read-only functions that avoid creating ledger transactions. This minimizes detection and transaction fees.
