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Kaspersky Warns of Mac Exploit Targeting Bitcoin and Exodus Wallets
The cybersecurity firm says hackers show "unusual creativity" in building the macOS malware, affecting both Intel and Apple Silicon devices.
Apple users who are generally conditioned to ignore malware alerts that usually affect more open platforms should take note: there is a verified macOS exploit targeting the latest version of the operating system that can trick Bitcoin and Exodus wallet users into downloading a fake, malicious version of their software, cybersecurity firm Kaspersky reported.
Clean living helps: the newly discovered malware, Kaspersky said, is distributed through pirated applications, and unlike other proxy trojans or software meant to take control of a remote computer, this malware is focused on compromising wallet applications.
“The crypto Trojan is unique in two ways: first, it uses DNS records to deliver its malicious Python script,” Kaspersky said. “Second, it doesn’t just steal crypto wallets; it replaces a wallet application with its own infected version. This allows it to steal the secret phrase used to access the cryptocurrency stored in the wallets.” Read More
MailerLite confirms hack that led to $3.3M crypto-phishing email attacks
The email service reveals that hackers gained control of select Web3 email accounts by targeting a customer service employee through a social engineering attack.
Email marketing firm MailerLite has confirmed that hackers gained access to accounts of large Web3 companies to carry out phishing email scams that drained an estimated $3.3 million from subscribers.
Cointelegraph was among a handful of Web3 companies targeted in the Jan. 23 attack, with emails sent from the official accounts of WalletConnect, Token Terminal and De.Fi containing malicious links harboring wallet-draining software.
Hours after the emails had been sent to subscribers, MailerLite released details of how its system had been compromised through a social engineering attack targeting a customer support employee. Read More
Making Vitalik Buterin’s cypherpunk dream for Ethereum a reality
The Ethereum co-founder recently wrote that the network has gotten away from its founding principles.
Ethereum co-founder Vitalik Buterin has a dream. He wants to make Ethereum cypherpunk again — harkening back to the foundational values of blockchain, like decentralization, open participation, censorship resistance and credible neutrality.
In the Dec. 28, 2023 post titled “Make Ethereum Cypherpunk Again,” Buterin argued that these concepts should shape not only the future of Ethereum but also the future of the internet as Web2 develops into Web3.
At the same time, Buterin lamented “degen [-erate] gamblers” on Ethereum who put their money into memecoins or nonfungible tokens (NFTs) in the hope of outsized financial rewards.
According to Buterin, degens “can be okay in moderate doses,” but “when they are the largest group using the chain on a large scale, this adjusts the public perception and the crypto space’s internal culture,” among other negatives. Read More
Magic Eden Traders Can Earn New NFT Token Alongside 'Diamonds' Rewards
Here’s how Magic Eden plans to incentivize NFT traders with not only its Diamonds program, but the Non-Fungible DAO’s NFT token.
A huge shift is coming for Magic Eden, the prominent cross-chain NFT marketplace. On Monday, the startup announced that it will open-source its minting and trading protocols in collaboration with a new Non-Fungible DAO—which itself is planning to launch a crypto token called “NFT” to reward NFT traders.
On Tuesday, Magic Eden revealed more of how it plans to amplify its existing Diamonds rewards program across blockchains, while also discussing with Decrypt the ways in which users may benefit from the NFT token launch.
Magic Eden General Manager Tiffany Huang told Decrypt that the Non-Fungible DAO will award the NFT token to people “who are using the protocols that they’re governing”—which will include the Magic Eden marketplace and minting protocols across chains. Read More
What Does The Wallet Do? What Does It Mean For You?
The launch of the Markethive wallet is approaching, so it’s time to start beating the proverbial drum. It is the start of an exciting time with the advent of many integrations to follow the release of the wallet that will bring Markethive into prominence as an unprecedented platform. The combination of inbound marketing, social media, digital broadcasting, video, conference rooms, e-commerce, gamification, etc.
Markethive is a blockchain-driven crypto economy, all-inclusive, with a distributed database system required for this decentralized, monolithic global project. We’re almost there with the release of the wallet that will initiate entrepreneurial sovereignty and open the floodgates of this divine enterprise with its plethora of systems and services, including the new interface and dashboard.
We now have a complete working wallet with the Solana Network, and we also have a fully functional crypto merchant account. The Markethive wallet is being polished with the finishing touches, keeping mindful that it’s not just a simple wallet but a comprehensive, dynamic engine centralized for you that powers your platform and business.
Markethive is fundamentally a sophisticated inbound marketing and storefront platform, integrated with a social network, and not just another social media platform you see popping up to counter the media tech giants we’ve come to know as oppressive, censoring you and using your personal data for their own gain. Read More
Researchers propose a Web 3.0 streaming architecture and marketplace
Web 3.0 is a blockchain technology-based internet paradigm that is transparent and decentralised. But, Web 3.0 streaming services require modifications to the existing service structure due to certain technical issues.
Now, researchers from Incheon National University have proposed ‘Retriever’, an Inter-Planetary File System (IPFS) based Web 3.0 technology and non-fungible token marketplace. The proposed marketplace reduces service delay and improves user experience by deploying their own IPFS nodes and controlling the blockchain.
Web 3.0 is an internet paradigm that is based around blockchain technology, an advanced database mechanism. Compared to Web 2.0, the current internet paradigm, Web 3.0 provides some added advantages, such as transparency and decentralised control structures. This is because Web 3.0 is designed to work over trustless and permissionless networks. Unfortunately, owing to certain technical difficulties, the implementation of Web 3.0 media streaming requires modifications to the service architecture of existing media streaming services. These difficulties include the degradation of user experience and Web 3.0’s incompatibility with certain operating softwares and browsers. Read More
Polygon AggLayer to make multiple blockchains feel like ’a single chain’
Next month, Polygon Labs will launch a protocol to make all blockchains feel like a single network for the end-user.
A new protocol from Ethereum-scaling solutions developer Polygon Labs promises to unite what it calls the “divided blockchain landscape” into a web of networks that “feels like a single chain.”
In a Jan. 24 blog post, Polygon said its AggLayer solution, which is set to launch in February, aims to aggregate zero-knowledge proofs (ZK-proofs) from multiple blockchains and allow developers to connect layer 1 and 2 blockchains to merge them into a single network.
For end users, Polygon Labs claims the user experience will be “like the internet,” and users won’t have to undertake “cumbersome and frequent bridging” to use other chains. Read More
Space and Time releases open-source GPU accelerator for ZK-proof protocols
The technology aims to optimize the performance of ZK-proof generation, which has become a key component of Ethereum layer 2 scaling platforms.
Blockchain protocols using zero-knowledge proof (ZK-proof) technology could tap into a new open-source GPU acceleration framework to optimize encryption technology.
Decentralized Web3 data service Space and Time announced that its recently developed graphics processing unit (GPU) acceleration framework is publicly available to the wider Web3 ecosystem.
ZK-proofs are cryptographic protocols that enable a party to prove specific information or data to another party without revealing the information itself. The technology ensures data confidentiality while validating its accuracy. Read More
Bitwise Bitcoin ETF wallet attracts inscriptions and rare sats donations
Bitwise's public BTC address has seen a thousand of donations within hours, and the most popular donations have come in the form of Ordinals inscriptions.
Asset management firm Bitwise made the Bitcoin address of its spot BTC exchange-traded fund (ETF) public on Jan. 24, becoming the first of the 10 spot BTC ETF issuers to do so. The Bitcoin wallet address has received multiple tips and donations within hours of being public, including some Bitcoin ordinals and rare sats.
The wallet address currently holds inscriptions donations worth $6,083 and holds a total of over 16,000 inscriptions. These inscriptions include two RSIC airdrops, one Bitcoin Punk, one Bitcoin Burials, one Quadkey, and several others. The account also holds thousands of BRC-20 inscriptions; however, there are no valid/active BRC-20 balances in the account.
Ordinals create Bitcoin-based nonfungible tokens (NFTs) by inscribing data such as images, videos, and more to an individual satoshi on the base Bitcoin blockchain. A satoshi is the smallest unit of Bitcoin, where 100,000,000 satoshis are in a single Bitcoin. Ordinals only came into existence last year but surprised the crypto community. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
