dcsimg
Main » TERM » C »

Coinbit

Coinbit is a Trojan horse designed to steal users' Bitcoin wallets. Coinbit targets Windows computers by homing in on the standard file location for a Bitcoin wallet before e-mailing the wallet to an address designated by the creator of the malware. The malware 's full name is Infostealer.Coinbit, and it was first discovered in the wild in June 2011.

Bitcoin is a popular decentralized virtual currency exchanged peer to peer and earned by users through the process of mining, or contributing a computer's CPU cycles to mathematically generating new Bitcoin. Bitcoin wallets can be encrypted, which can help prevent Trojans like Coinbit from using brute force to open a wallet, especially when strong passwords are used.










LATEST ARTICLES
Texting & Chat Abbreviations

From A3 to ZZZ this guide lists 1,500 text message and online chat abbreviations to help you translate and understand today's texting lingo. Read More »

List of Well-Known TCP Port Numbers

Port numbers 0 to 1024 are reserved for privileged services and designated as well-known ports. This list of port numbers  are specified in... Read More »

STUDY GUIDES
Computer Architecture Study Guide

Computer architecture provides an introduction to system design basics for most computer science students. Read More »

Network Fundamentals Study Guide

Networking fundamentals teaches the building blocks of modern network design. Learn different types of networks, concepts, architecture and... Read More »

The Five Generations of Computers

Learn about each of the five generations of computers and major technology developments that have led to the computing devices that we use... Read More »