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A new evasive crypto wallet stealer named BHUNT has been spotted in the wild with the goal of financial gain, adding to a list of digital currency stealing malware such as CryptBot, Redline Stealer, and WeSteal. “BHUNT is a modular stealer written in .NET, capable of exfiltrating wallet (Exodus, Electrum, Atomic, Jaxx, Ethereum, Bitcoin, Litecoin wallets) contents, passwords stored in the browser, and passphrases captured from the clipboard,” Bitdefender researcher said in a technical report on Wednesday. The campaign, distributed globally across Australia, Egypt, Germany, India, Indonesia, Japan, Malaysia, Norway, Singapore, South Africa, Spain, and the U.S., is suspected to be delivered to compromised systems via…

When Bitcoin was launched in 2009, it raised eyebrows and evoked a sense of confused curiosity. Digital currency, cryptocurrency and other buzzwords started doing the rounds of the internet. Ever since the way people look at assets and investments has been changing. The phenomenal success of Bitcoin paved the way for many other types of cryptocurrencies. These came to be known as altcoins. Derived from two words, ‘Alt’ means ‘alternative’ and ‘coin’ denotes ‘cryptocurrencies’. Here’s all that you need to know about altcoins What are altcoins? To put it simply, all cryptocurrencies other than Bitcoin are termed altcoins. They were…

Opera has launched its Web3 “Crypto Browser” into beta with features like a built-in crypto wallet, easy access to cryptocurrency/NFT exchanges, support for decentralized apps (dApps) and more. The aim is to “simplify the Web3 user experience that is often bewildering for mainstream users,” Opera EVP Jorgen Arnensen said in statement.  A key feature is the built-in non-custodial wallet that will support blockchains including Ethereum, Bitcoin, Celo and Nervos from the get-go. It also announced partnerships with Polygon and others. The idea is to let you access your crypto without the need for any extensions, with the option of using third-party wallets…

Last month, Steve Bannon, the former Trump campaign manager and White House strategist, announced his participation in a new venture: a cryptocurrency marketed to Joe Biden haters and Donald Trump devotees. He and Boris Epshteyn, another ex-Trump adviser, boasted that they had taken a “strategic ownership position” in a crypto coin called $FJB. That stands for Fuck Joe Biden. The free-wheeling crypto space is rife with big promises and even scams. On his podcast, Bannon began talking up the coin, of which they both had acquired significant amounts, as a “currency for the MAGA movement.” During one episode, Epshteyn hailed the $FJB coin…

Crypto investors may be hoping their investments go to the moon but more than half of the world’s largest crypto companies are U.S. based. Some industry participants warn, however, that too-harsh regulatory scrutiny will spur some companies to abandon the U.S. for regulatorily greener pastures. A total of 28 of the top 50 crypto companies, based on valuations, are domiciled in the U.S., according to a recent report by research firm Crypto Head. The most-valued crypto and crypto-adjacent companies in the world include exchange and financial platforms Coinbase COIN, -3.49% and Robinhood HOOD, -5.08%. Coinbase is a cryptocurrency exchange, the largest in the U.S., while Robinhood is…

There’s nowhere Hermès won’t go to defend its signature Birkin bag — including the virtual world. The French luxury brand filed suit in a New York federal court on Friday against Mason Rothschild, creator of MetaBirkins NFTs, to allege trademark infringement and dilution. The digital collection featured 100 virtual bags resembling furry versions of Hermès’ signature bag. The complaint, submitted to New York’s Southern District Court, described Rothschild as “a digital speculator” with a get-rich-quick scheme to “rip off Hermès’ famous Birkin trademark by adding the generic prefix ‘meta.’” Hermès is not the first to sue over NFTs. A May 2021 lawsuit against Dapper Labs…

“Shark Tank” star Kevin O’Leary is positive about Bitcoin mining as an investment strategy and says he’s probably going to start his own mining operation sometime this year. The Canadian businessman shared his plans in an interview with Anthony Pompliano, noting that Bitcoin mining was likely to see huge capital inflows over the next two, three years. O’Leary says he’s been able to talk to investors across various jurisdictions, especially in the Middle East and the lesson learned from these travels is that many are looking at investing in Bitcoin mining via their sovereign funds. While he predicts a majority of countries…

Myanmar’s National Unity Government, a pro-democracy group, recently announced that it officially endorses domestic distribution of the cryptocurrency Tether in a move to resist Myanmar’s military, which seized control of the country last February, using fintech. Tether is issued by a Hong Kong company, Tether Ltd. It is a blockchain-based cryptocurrency whose value is pegged to the dollar. The NUG, established in April by pro-democracy members of parliament who won seats in the 2020 election that the military has nullified, has continued to criticize the military and resist it, using force in some regions. It is not powerful enough to…

El Salvador’s grand bitcoin ambitions may have hit a snag in the crypto slump, but one markets star has a good word for them: Ark Invest’s Cathie Wood. Asked whether the finance industry increases wealth inequality, Wood told Time magazine that allocating capital to innovation will benefit people’s lives around the world in the long run. The widely followed investor pointed to El Salvador, where she believes President Nayib Bukele’s bitcoin push has given citizens financial opportunities that they didn’t have before. “The president in El Salvador is giving $30 of bitcoin to every eligible adult,” she said in the Time interview published Sunday.…

Prime Minister Narendra Modi on Monday called for synchronized global action to regulate cryptocurrencies, at a time when India is contemplating bringing a legislation to regulate such virtual currencies. Speaking at the virtual summit of the World Economic Forum, Modi said that steps taken by one country to regulate cryptocurrencies may not be sufficient, given the kind of technology involved. “Today with change in global order, the challenges we face are also increasing. To fight these challenges, every country and every international organisation needs to take collective and synchronised action. Supply chain disruption, inflation and climate change are such examples,” Modi said.…