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A cryptocurrency entrepreneur who was kidnapped has been released after a ransom attempt. The individual, who remains unidentified, was taken by unknown assailants and held captive until a ransom was supposedly paid. The incident highlights the risks that individuals in the crypto industry may face, including potential threats to their personal safety. It serves as [...]
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured [...]
The post Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors appeared first on Crypto Breaking News.
Jane Manchun Wong recently uncovered evidence that Elon Musk might be on the cusp of rolling out Twitter “Coins” feature.
Continue reading The End of the Elon Musk x Dogecoin (DOGE) Saga? at DailyCoin.com.
<p class="MsoNormal">Germany’s Federal Financial Supervisory Authority (BaFin) has urged consumers to beware of ‘Godfather’, a trojan virus that attacks Android-based banking and cryptocurrency apps. The regulatory authority announced on Monday that <a href="https://www.financemagnates.com/tag/virus/" target="_blank" rel="follow">the trojan virus</a> currently “records user input from banking and crypto apps.”</p><p class="MsoNormal">BaFin in a statement noted that the malware has attacked about 400 banking and crypto apps from around the world including Germany.</p><p class="MsoNormal">“How exactly the software gets onto the infected end devices of consumers is unclear. Godfather is known to display fake websites of regular banking and crypto apps. When consumers log in via these websites, their login details are transmitted to the cyber criminals,” Bafin explained in the statement.</p><p class="MsoNormal">Furthermore, the German regulator explained that the malware sends push notifications to unsuspecting users in order to get the codes for the two-factor authentication security system. “With this data, the cyber criminals may be able to access consumers' accounts and wallets,” BaFin added.</p><p>Watch the FMLS22 session on how security in the fintech industry is being disrupted. </p><p class="MsoNormal">United States and Turkey Most Affected by ‘Godfather’ Trojan, Says Group-IB</p><p class="MsoNormal">Meanwhile, Group-IB, a cybersecurity services provider, <a href="https://www.financemagnates.com/cryptocurrency/android-trojan-targets-400-crypto-and-finance-apps/" target="_blank" rel="follow">recently warned users</a> to exercise extreme caution when using these apps. </p><p class="MsoNormal">According to the cybersecurity firm, the United States, Turkey and Spain account for the highest number of trojan or ‘Godfather’ malware activities. Canada, France, Germany and the UK are also hotbeds for the trojan, Group-IB said.</p><p class="MsoNormal">Additionally, the cybersecurity firm noted the ‘Godfather’ malware attacked users in 16 countries last year. These attacks affected 215 banking apps, 94 crypto wallets and 110 cryptocurrency exchange platforms.</p><p class="MsoNormal">Moreover, Group-IB in its report said the ‘Godfather’ malware code has an interesting functionality that prevents it from attacking users located in Russian-speaking and former Soviet Union countries. This suggests that the creators of the virus are from Russia or one of the former Soviet states, the cybersecurity firm said.</p><p class="MsoNormal">“The emergence of Godfather underscores the ability of threat actors to edit and update their tools to maintain their effectiveness in spite of efforts by malware detection and prevention providers to update their products,” Artem Grischenko, a Junior Malware Analyst at Group-IB, noted. </p> This article was written by Solomon Oladipupo at www.financemagnates.com.
It's not only the duty of the Bitcoin fathers out there, but the obligation to continue to stack sats for our children.
Dad’s don’t necessarily need special or fancy gifts, but Bitcoiners want to make sure our dads have the Bitcoin tools and gadgets they need.
“Dear daughter… Follow Bitcoin’s principles; don't just listen to me, do your own research.”
This Father’s Day, Bitcoiner dads are encouraged to remind themselves to raise sovereign individuals through proof-of-work parenting.
Neal Stephenson’s focus at LAMINA1 will be on “getting artists and other value producers compensated fairly for their work, benefiting the environment […] and seeing a truly open Metaverse established,” according to co-founder Peter Vessenes. The father of Metaverse, Neal Stephenson, who originated the phrase “Metaverse” 30 years ago, is establishing a blockchain project called […]
The potential ban on Central Bank Digital Currencies (CBDC) by former U.S. President Donald Trump could actually accelerate the adoption of cryptocurrencies, as per experts in the field. This unexpected turn of events comes amidst a surge in interest and investment in the digital asset space. The announcement has sparked intrigue and debate within the [...]
The post Trump’s Ban on CBDCs and Musk’s Father’s $200M Memecoin Fundraising Plan: A Game-Changer for Crypto Adoption in Finance appeared first on Crypto Breaking News.
Adam Iza, founder of the Zort crypto trading platform, and LASD deputy Eric Chase Saavedra admit to exploiting law enforcement.
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