Bitcoin erodes 4% gains as BTC price downside targets stretch to $23K
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What is StilachiRAT malware? In November 2024, Microsoft Incident Response researchers uncovered a remote access Trojan (RAT) called StilachiRAT. This discovery highlights the evolving nature of cyber threats, with the malware combining multiple malicious functions into a single tool for maximum impact. Designed to evade detection and exfiltrate sensitive data, StilachiRAT steals credentials and extracts

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Web3 community-building meets music technology at Wavelengths Summit 2023
Web3 has become one of the hottest buzzwords in the music industry, with everyone from independent musicians to major label artists dropping nonfungible token (NFT) collections and throwing concerts in the metaverse. But for many, the actual use cases and potential of these technologies remain shrouded in mystery and confusion.On May 6, Water & Music…

US SEC Reaches $10 Million Settlement With Digital Assets Issuers
The United States Securities and Exchange Commission (SEC), a primary governmental regulator, has settled charges with digital assets company Bitqyck Inc. and its founders.Smart contracts and crypto mining?The SEC announced the development in a press release on Aug. 29. According to the announcement, Bruce Bise and Sam Mendez are the founders of Bitqyck — a…

Bitcoin whale clusters show $9.8K support is now weaker despite rally
According to data from Whalemap, an on-chain analysis firm that tracks Bitcoin (BTC) whales, the $9,800 support has weakened.The researchers at Whalemap track whale activities by following addresses owned by whales — individual investors that own large sums of BTC. They explained:“Some HODLer activity yesterday. Bubbles show where these HODLer coins were coming from. The…

Justin Sun denies liquidation rumors amid market turmoil
Over the weekend, more than $1 billion in futures positions were liquidated from the crypto markets as fears of a looming recession intensified.

Telegram Seeks Clarity On The Preliminary Injunction Against TON
How far can a preliminary injunction from an American court reach? The answer to that question is everything for Telegram’s embattled TON blockchain project.TON has been under legal fire since shortly after the SEC became aware of its token sale. The drama is ongoing as recently as this week, when a federal district court judge…

Hamster Kombat turns down venture capital offers
Hamster Kombat has attracted more than 300 million users to the game, setting records in Web3 game development.