Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
  • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Podcasts
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
  • Podcasts
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Market News

WinRAR Zero-Day Bug Targeting Crypto Traders Patched

The vulnerability was patched in WinRAR version 6.23, which was released on August 2. However, many crypto traders may not have updated their software yet.

Written By:
Jahnu Jagtap

Last updated: December 12, 2024 1:23 AM
Published August 25, 2023 5:46 AM
Share
Last updated: December 12, 2024 1:23 AM
Published August 25, 2023 5:46 AM
WinRAR Zero-Day Bug Targeting Crypto Traders Patched

A zero-day vulnerability in the popular file compression software WinRAR has been patched, but crypto traders are still at risk of being targeted by hackers.

The vulnerability was patched in WinRAR version 6.23, which was released on August 2. However, many crypto traders may not have updated their software yet.

📢 Listen Up! The new version of WinRAR 6.23 has fixed a serious vulnerability. Please upgrade your software to keep safe. https://t.co/wl485OceK5

— WinRAR (@WinRAR_RARLAB) August 21, 2023

As a result, they are still at risk of being targeted by hackers who are exploiting the vulnerability.

The vulnerability, tracked as CVE-2023-38831, was exploited by hackers to install malware on the computers of unsuspecting victims, enabling them to hack into their crypto and stock accounts.

The vulnerability allowed hackers to create malicious RAR and ZIP archives that displayed seemingly innocuous files, such as JPG images or PDF documents. When a victim clicked on one of these files, the vulnerability allowed the malware to be installed on their computer.

The malware could then be used to steal cryptocurrency, or to gain remote access to the victim’s computer.

Singapore-based cybersecurity firm Group-IB reported the zero-day vulnerability in the processing of the ZIP file format by WinRAR on August 23.

WinRar exploit infection chain
WinRar exploit infection chain, Source: Group-IB

The report revealed that the vulnerability was exploited by hackers to target crypto traders in at least eight public trading forums.

The hackers pretended to be trading enthusiasts in these forums, and they posted links to the malicious ZIP archives in their forum posts.

On execution, the script launches a self-extracting (SFX) archive that infects the target computer with various malware strains, such as the DarkMe, GuLoader, and Remcos RAT.

These provide the attacker with remote access privileges on the infected computer. DarkMe malware has previously been used in crypto and financially motivated attacks.

At least 130 devices have been infected with the malware, and the financial losses to the victims are unknown.

If you think that you may have been infected with the malware, you should immediately change your passwords and scan your computer for malware. You should also contact your crypto exchange to report the incident.

Also Read: Crypto Scammers Exploit ChatGPT in Big Botnet Attack on X

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News
Google News Banner

Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:

Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

Join Our Newsletter

Subscribe to get latest crypto news!

    ​

    Built with Kit

    Latest News

    Polymarket Goes Beyond Predictions With Perps Trading to US Users
    Polymarket Goes Beyond Predictions With Perps Trading to US Users
    SoFi Technologies Deepens Crypto Push With XRP Support
    SoFi Technologies Deepens Crypto Push With XRP Support
    Kalshi Moves Toward Crypto With Perpetual Futures Plans
    Kalshi Moves Toward Crypto With Perpetual Futures Plans
    John Bollinger Questions Whether US Is Draining Crypto Capital
    John Bollinger Questions Whether US Is Draining Crypto Capital
    Coinbase Share Rally to $220 Stalls as CLARITY Act Hits April Roadblock
    Coinbase Share Rally to $220 Stalls as CLARITY Act Hits April Roadblock

    Find Us on Socials

    Ad image

    You may also like

    Scammers Demand Bitcoin and USDT for Strait of Hormuz 'Clearance'

    Scammers Demand Bitcoin and USDT for Strait of Hormuz ‘Clearance’

    Why India's Crypto Market is Getting Older, Slower, & Smarter CoinSwitch Report

    Why India’s Crypto Market is Getting Older, Slower, & Smarter: CoinSwitch Report

    Indian-Origin Man Arrested in Texas in $335K Crypto-to-Gold Scam

    Indian-Origin Man Arrested in Texas in $335K Crypto-to-Gold Scam

    U.S. Court Deals Blow to SEC Crypto Theory in Caitlyn Jenner Token Case

    U.S. Court Deals Blow to SEC Crypto Theory in Caitlyn Jenner Token Case

    The Crypto Times Logo PNG

    Providing real-time, accurate Crypto reporting. Your trusted source for Crypto News and Research.

    Stay Updated

    All News
    Exclusive
    Opinions
    Learn
    Podcasts

    Company

    About Us
    Our Authors
    Editorial Policy
    AI Policy
    Advertorial Policy

    Get In Touch

    Contact Us
    Career

    Find Us on Socials

    X-twitter Linkedin Telegram Youtube Instagram

    © 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

    DMCA.com Protection Status
    • Terms and Conditions
    • Disclaimer
    • Privacy Policy
    • Cookie policy
    Do Not Sell or Share My Personal Information