Abstract:
Nearly every aspect of a hacked computer and a users online life can be and has been
commoditized. Recent trends into crypto currencies have made the former even more true
as cyber criminals are now committing crime for monetary benefit and not just to out smart
each other. In this study, I look more closely at Bitcoin, a de-centralized crypto currency
which has become increasingly popular in the last six months. This study focuses on the
analysis of the bitcoin economy, the involvement of malware and botnets and its effect to
the currency.