Cthulhu Stealer attacks Mac devices and steals credentials from a long list of crypto wallets. Malware aimed at draining funds from crypto wallets installed on Macs is rising. A new malware called Cthulhu Stealer targets devices with MacOS to steal crypto wallet information, marking yet another malware affecting users of Mac devices. Cado Security identified the new malware and published a report detailing how it grabs wallet data. This has come to light days after reports of another...
Read More »DWF Labs Acquires $500K Worth of Toncoin in Support of Detained Telegram CEO
Andrei Grachev, managing partner of Web3 market maker DWF Labs, has purchased $500,000 worth of Toncoin to express support for Telegram founder Pavel Durov, who was recently detained in France. Grachev announced his decision on X (formerly Twitter). He stated that this was his way of showing solidarity with Durov during this challenging time. Grachev joins other influential personalities in the crypto fraternity that has been supporting Durov’s release through the hashtag #FreePavel. As for...
Read More »Bitcoin Soars as Fed Rate Cut Speculation Fuels Market Surge
Bitcoin shifts as anticipation of Fed rate cuts fuels market confidence. Ethereum and Solana also rise as the market anticipates Fed policy changes. The potential of Federal Reserve rate cuts has sparked renewed interest in Bitcoin and other risk assets. Historically, low interest rates have benefited Bitcoin by increasing liquidity and promoting investment in high-risk assets. Recent FOMC minutes indicate future policy easing in favor of cryptocurrencies. Bitcoin is currently experiencing...
Read More »Bitcoin Leads with $543M in Inflows Amid Powell’s Jackson Hole Comments
Digital asset investment products attracted $533 million in inflows last week, the biggest in over a month, following Jerome Powell’s hint at the Jackson Hole Symposium that an interest rate cut might occur in September. While trading volumes were lower than in recent weeks, these products still totaled $9 billion for the past seven days. According to CoinShares’ latest edition of Digital Asset Fund Flows Weekly Report, Bitcoin dominated the market, drawing in $543 million in...
Read More »Buenos Aires High Schools to Integrate Ethereum Technology into Curriculum
The ETH Kipu Foundation has established a significant partnership with the Ministry of Education of Buenos Aires to integrate Ethereum and blockchain technology into the high school curriculum. This collaboration represents a notable advancement in technology education within Argentina. This partnership is set to impact the broader Latin American region. As part of this initiative, students in Buenos Aires will commence professional internships related to blockchain projects starting August...
Read More »Stablecoin Market Sets New Record at $168 Billion
The stablecoin market has reached a new milestone, with its total market capitalization hitting an all-time high of $168 billion. This achievement follows 11 consecutive months of growth, as shown by data from DefiLlama. The current potential exceeds the maximum of $167 billion recorded in March 2022, indicating a clear recovery and growth stage for stablecoins. It is important to note that this data does not include a category often referred to as algorithmic stablecoins, where the value is...
Read More »Why Was Pavel Durov Arrested? Details Emerge
After Telegram CEO and founder Pavel Durov was arrested by French authorities over the weekend, more details have emerged that shed light on the reason for his apprehension. On July 8, a judicial investigation was opened against “a person unnamed” on charges related to complicity with various offenses committed using Durov’s messaging app, including money laundering and dissemination of child poronography. Per a press release from the court of Paris shared by Disclose.TV, the...
Read More »Indian Government Will Engage With Industry Stakeholders to Draft a Consultation Paper for Future Legislation
The Secretary of the Department of Economic Affairs will draft a consultation paper by collaborating with Indian crypto stakeholders. Crypto regulations are much awaited by industry participants in India owing to its high adoption rate. The Indian government is engaging with crypto stakeholders to draft a consultation paper. That will help it develop its long-awaited regulations for the asset class. This approach of consulting stakeholders from the industry will allow the government to...
Read More »DOGS Take Center Stage on WEEX WE-Launch: Users can Trade Fee-Free and Participate in an 1,000,000 Tokens Airdrop
[PRESS RELEASE – Singapore, Singapore, August 26th, 2024] WEEX Exchange, a leading name in global cryptocurrency trading, is pleased to announce the highly anticipated listing of DOGS USDT Perpetual on August 26, 2024, at 21:00 (UTC+8). This event is part of a special WEEX WE-Launch initiative, offering traders an exceptional opportunity to engage with the DOGS token, complete with zero trading fees and a generous 1,000,000 DOGS token airdrop. Introducing the DOGS Token: A...
Read More »Telegram’s Future in Jeopardy: Can It Survive CEO Pavel Durov’s Arrest in France?
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