Security News
– The Russian Infamous Chisel malware is targeting crypto wallet and exchange applications.
– The malware searches for specific application directories on devices connected to popular platforms such as Brave, Binance, Coinbase, Trust wallet, and more.
– Infamous Chisel enables persistent access to infected Android devices and exfiltrates victim information.
CBDC News
– IBM provided five points for the European Central Bank’s digital euro to succeed in the competitive payments landscape.
– The points include building on existing rails, extending PSD2, allowing privacy for proximity payments, using a centrally governed distributed ledger, and starting with a minimum viable digital euro.
Blockchain News
– Alchemy added support for Base, an L2 incubated by Coinbase, on its Web3 development platform.
– Developers can now build applications on Base Mainnet and the Base-Goerli testnet using Alchemy’s tools and services.
– Alchemy aims to enable the development of the onchain future.
Mining News
– US Bitcoin Corp secured a deal with Celsius Network to host 8,500 miners.
– The miners have an estimated sticker hashrate of 820 petahash and will be hosted at the USBTC Alpha Site.
– The collaboration advances the Bitcoin mining industry.
Exchange News
– KuCoin’s report reveals a significant increase in crypto investors among Turkish adults.
– More than half of the population in Turkey now participates in crypto investments.
– The interest in crypto is driven by the Turkish lira’s depreciation against the US dollar.
Wallet News
– SafePal and Klaytn Foundation launched limited edition phygital wallets.
– The wallets are priced at $49.99 and come with free global shipping.
– Each wallet includes a unique code to redeem and mint an accompanying NFT on the Klaytn network.
Hot Take
The joint advisory report highlights the ongoing threats to the security of crypto wallets and exchanges. It is crucial for users to stay vigilant and protect their devices from malware attacks. Additionally, the increasing interest in crypto investments in Turkey showcases the growing adoption and recognition of cryptocurrencies as a hedge against inflation. The launch of limited edition phygital wallets by SafePal and Klaytn Foundation promotes the integration of blockchain technology and physical assets, creating unique opportunities for users.
Wyatt Newson emerges as a luminary seamlessly interweaving the roles of crypto analyst, dedicated researcher, and editorial virtuoso. Within the dynamic canvas of digital currencies, Wyatt’s insights resonate like vibrant brushstrokes, capturing the attention of curious minds across diverse landscapes. His ability to untangle intricate threads of crypto intricacies harmonizes effortlessly with his editorial mastery, transmuting complexity into a compelling narrative of comprehension.