blockchain

Durian Malware Targets Cryptocurrency Companies: North Korean Hackers on the Prowl

Durian Malware Targets Cryptocurrency Companies: North Korean Hackers on the Prowl

Cryptocurrency companies are under fire from a new kind of foe: malware. A recent report by cybersecurity firm Kaspersky revealed a campaign by the North Korean hacking group Kimsuky, targeting South Korean crypto firms with a previously unknown malware variant called "Durian." Illustration of hackers attacking a user's personal computer. Photo: Cointelegraph Durian's Deceptive Delivery Durian's attack strategy is particularly concerning. It leverages legitimate security software used specifically by South Korean cryptocurrency firms. This grants it a level of trust within the system, making it harder to detect. Once installed, Durian acts as a multi-purpose tool for the attackers. Multifaceted…
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Pi Network: Shrouded in Secrecy, Father Unknown

Pi Network: Shrouded in Secrecy, Father Unknown

The Pi Network, a mobile app promising easy access to cryptocurrency mining, has garnered significant user interest. However, a cloud of mystery surrounds the project's leadership, particularly the identity of its creator, often referred to as the "father" of Pi Network.exclamation Nicolas Kokkalis. Photo: Pi Network A Decentralized Dream? Pi Network aims to make cryptocurrency mining accessible to everyone through a smartphone app.expand_more This approach stands in stark contrast to traditional mining, which requires specialized hardware and consumes significant energy. However, the lack of transparency regarding Pi's core team raises concerns.exclamation Who is Nicolas Kokkalis? While the official Pi Network website…
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Doge Day Afternoon? Memecoin Mania Returns as Prices Surge

Doge Day Afternoon? Memecoin Mania Returns as Prices Surge

Remember Doge and Shiba Inu? Those once-mighty memecoins, fueled by social media hype and celebrity endorsements, appeared to have faded into obscurity. But hold onto your floppy disks, because the tides may be turning. A renewed surge in memecoin prices suggests a potential comeback for these internet-born tokens. Memecoin price on May 16th. Photo: Coinmarketcap What's Sparking the Rally? There isn't a single, definitive reason behind the memecoin resurgence. Here are some contributing factors: Market Momentum: The overall cryptocurrency market has been experiencing a positive trend in recent weeks. This bullish sentiment might be spilling over to memecoins, attracting opportunistic…
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Binance Founder Changpeng Zhao (CZ) Receives Four-Month Prison Sentence

Binance Founder Changpeng Zhao (CZ) Receives Four-Month Prison Sentence

In a surprising turn of events, Changpeng Zhao (CZ), the founder and former CEO of the world's largest cryptocurrency exchange Binance, has been sentenced to four months in prison by a Seattle court. This news has sent shockwaves through the cryptocurrency community and raises questions about the future of Binance. Guilty Plea and Underlying Charges The details surrounding the charges against CZ remain somewhat limited. However, we do know that CZ pleaded guilty in November 2023 to violations related to anti-money laundering (AML) regulations. These violations likely involved Binance's failure to implement adequate safeguards against money laundering activities on its…
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