Mon. Jul 4th, 2022

The most important stories of the day Hodlers, take notice! The latest cyberattacks are aimed at MetaMask and 40 other digital wallets.
In 2019, the information-stealing Oski trojan was upgraded to target more than 40 browser-based crypto wallets, including MetaMask and Coinbase Wallet, along with popular two-factor authentication (2FA) extensions, according to a report from security researcher 3xp0rt.

It uses a “grabber” function that steals private keys from the user’s device after it has been downloaded from a variety of sources, including file-hosting websites, torrent clients, and other shady downloaders. It is important to note that malware checks the device’s set language and only stays on if it matches the language ID of a country like Kazakhstan or Uzbekistan or Russia.

The malware, on the other hand, focuses on files containing sensitive information, such as crypto wallet addresses and private keys, on devices that don’t fall into one of those categories. Then it vanishes into thin air.

A waste of time, according to Jack Dorsey: Meta should have focused on BTC instead of Diem

Meta (formerly Facebook) has taken the brunt of Jack Dorsey’s criticism for its “wasted effort and time” in not working on Bitcoin, according to the Twitter founder and former CEO.

Bitcoin has become a major focus of Dorsey’s newer, flashier company, Block. In an interview with BTC bull Michael Saylor on Tuesday, he spoke about the recent shutdown of Meta’s stablecoin Diem, which has been plagued by regulatory pushback since it was first launched in 2014. According to the omnipotent Dorsey, “those two or three years or whatever length of time it’s been could’ve been spent making Bitcoin more accessible for more people around the world.”

Metaverse tokens soar as Meta’s stock price plummets, heralding the rise of Web3

On Thursday, Meta’s share price fell 26% after the company reported a decrease in annual profits and a decrease in daily active users in its quarterly earnings report. For Q4 2021, Meta reported a total revenue of $33.67 billion, compared to $28 billion in the previous year. However, the company’s net income dropped from $11.2 billion to $10.28 billion. The disappointing quarterly results were exacerbated by a $10 billion investment in the company’s Reality Labs division.

The Sandbox (SAND) and Decentraland (MANA), two decentralised counterparts to the centralised metaverse firm, both saw their native tokens rise by 17.5% and 20% during the same period. It’s a trend that Yat Siu, chairman and co-founder of Animoca Brands, has pointed out: the best and brightest from Web2 platforms are moving over to the unrestricted world of Web3.

Bitfinex’s $2.5 billion in BTC stolen in a hack has awakened

According to Whale Alert, a whopping $2.5 billion worth of BTC stolen from the Bitfinex exchange in 2016 was transferred from the hacker’s wallet on Tuesday to an unknown address.

Since 2016, the funds have been inactive because the hackers are unable to cash out their holdings. People have speculated about whether hackers are manipulating the market in order to scare investors into selling their Bitcoins. Transactions as small as 0.29 BTC were detected by Whale Alert, whose largest transaction was 10,000 BTC or $383 million. To put things in perspective, that’s about $3.6 billion in bitcoins in that one wallet address.

This is the fourth solo Bitcoin miner to solve a valid block in 2022

Tuesday, a single Bitcoin miner and lone Solo CKPool user managed to generate a $240,000 block reward using their combined computing power of 1.14 petahashes per second (PH/s). In spite of a 20% chance of it happening, this is the CKPool’s fourth “blockfind” since the beginning of January.

In order to mine Bitcoin anonymously, the miner makes use of the Solo CKPool service. CKPool miners with hash rates as low as 126 terahashes per second (TH/s) solved a valid block in January, despite the fact that they are referred to as “whales” in this instance due to their high computational power.

Over the course of the Bitcoin blockchain’s existence, CKPool’s solo miners have solved just 264 blocks, or 0.037 percent of the 721,240 total blocks solved.

By Adam

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