Watch out! There is a Monero worm on the loose. Chinese cybersecurity firm 360 Netlab have reported that a Monero (XMR) worm which harnesses android devices to mine the coin and send it to a single digital wallet, is currently active.

In an updated blog post, 360 Netlab describe what they know so far about the malware, which is currently infecting users mostly in China and South Korea. Presently, we know that the first infection can be traced back to January 31st, and is able to double every 12 hours. However, the infected population seems to be pretty much quarantined at the moment; As of 3PM (presumably CST, though this is not specified) Monday, there have been no new infections from the 7,000 currently observed.