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Шериф вскрыл криптомат ради раздачи денег жертвам мошенников
Бывший глава Animoca потерял криптосбережения после взлома Zoom
16B Login Credentials Leak Exposes Dire Need for Non-Custodial Crypto Wallets Like Best Wallet
Cybernews has discovered a database containing a massive 16B individual login credentials, secured through multiple hacks from different sectors.
These include credentials stolen from Apple, META (Facebook), Telegram, and even governmental institutions.
The data sets compiled varied in size, from the smallest one, containing 16M records, to the largest one, with over 3.5B.
More importantly, the data sets contained users from all over the world, including Russia, Portugal, the US, and China.
The scariest part isn’t the sheer volume of leaked data, but the fact that it’s ongoing.
New Stolen Datasets Emerge WeeklyAccording to the researchers involved in the report, we’re not talking about one massive breach or even several significant leaks.
Instead, we’re talking about a continuous stream of breaches, which are piling up to create a concerning picture:
This is not just a leak – it’s a blueprint for mass exploitation. With over 16 billion login records exposed, cybercriminals now have unprecedented access to personal credentials that can be used for account takeover, identity theft, and highly targeted phishing. […] This is fresh, weaponizable intelligence at scale.’
—Researchers, Cybernews Report
The situation is so bad that this 16B data leak compilation seems modest in the grand scheme of things. China’s massive 4B data leak speaks to that, as does the Mother of All Breaches (MOAB), packing a stunning 26B leak.
Cybernews exposed the latter in early 2024, the victim being Leak-Lookup, a data breach search engine.
Leak–Lookup took to X to clarify that everything was the result of a firewall misconfiguration and that the problem had been fixed.
To go hand in hand with this not-so-jolly news, pro-Israel hacker group Predatory Sparrow also proudly announced a $90M theft from an Iranian crypto exchange.
According to the group, the goal was to weaken Iran’s military resolve in the current conflict.
While no state actor took responsibility for the attack, Rafe Pilling, the director of Threat Intelligence at Sophos, stated that:
‘It bears all the hallmarks of a false persona used by a government-sponsored threat group to conduct disruptive operations against targets linked to illicit Iranian revenue generation, logistical entities, transport infrastructure and other strategic sectors. While we don’t expect to find strong technical links between Israel and Predatory Sparrow, the actions of the group align strongly with Israel’s regional priorities.’
—Rafe Pilling, The Guardian interview
The problem is that most data leaks fly under the radar, and we only see the tip of the iceberg. But the real-world potential impact of this thriving cybercrime industry is gloomy, to say the least.
Here is a study by Bright Defense, which details the fallout associated with cybercriminal activity in recent years. The list is too long to include in one screenshot.
This makes cybersecurity more important today than ever, especially in the crypto sector, which is rife with data security concerns.
Non-custodial wallets like Best Wallet may offer a solution by making your data and private keys your responsibility, rather than the exchange’s, which, as we have seen, can too easily be breached.
How Best Wallet Enhances Your Crypto SecurityBest Wallet enhances your crypto security by being a non-custodial and no-KYC wallet.
This protects your anonymity, limits your blockchain footprint, and safeguards your funds in case of a data leak.
It’s also much more user-friendly than a hardware wallet and completely free to download.
The wallet app has an intuitive UI, letting you swap, deposit, and stake your funds on the fly.
It also features a Token Launchpad, which gives you access to tokens in presales, so you can invest in tomorrow’s top coins before they go live.
One of these is Best Wallet’s native $BEST token, which has already raised $13.45M with a coin price of $0.025205.
The project offers stakers a dynamic APY of 103% and consists of four phases, each with multiple long-term goals.
Holding $BEST has multiple perks, such as higher staking rewards, community governance rights, reduced transaction fees, and early access to new projects.
Based on the coin’s utility and provided it sees widespread adoption post-launch, our analysts expect $BEST to reach a price point of $0.072 by the end of 2025, for an ROI of 185%.
A 5-year prediction sees $BEST going up to $0.82, giving an ROI of 3,153% if you invest at today’s price. This would make $BEST one of the best altcoins to buy in 2025.To get the most out of Best Wallet, buy $BEST today through the Upcoming Tokens section or at the official presale website.
Will Data Leaks Damage the Crypto Sector?It’s unlikely that data leaks will disrupt or damage the crypto sector, given its relentless growth and continuous advancements in cybersecurity.
Using tools like Best Wallet also contributes to your security and anonymity on the blockchain, reducing your exposure to data leaks.
Don’t take this as financial advice. Do your own research (DYOR) and invest wisely.
In The Shadows: Two-Thirds Of Crypto Miners Still Unregistered In Russia
Russia’s Deputy Minister of Finance revealed that only one-third of crypto mining firms are operating legally despite the new law requiring mining entities to register with the Federal Tax Service (FTS).
Crypto Miners Operating In The ShadowsOn Thursday, Russia’s state news agency TASS reported that more than half of crypto mining companies are still operating without registration with the Federal Tax Service. According to the report, Deputy Minister of Finance Ivan Chebeskov stated that only 30% of miners have registered since the new law came into effect in November 2024.
For context, the Russian government approved a law in August of last year to legalize crypto mining in the country. The legislation, enacted on November 1, 2024, aims to combat illegal mining activity and offer exclusive rights to entities registered with the FTS. By December 2024, over 100 mining companies had filed their application.
As reported by Bitcoinist, FTS’s Head Daniil Yegorov revealed that 150 firms had applied for registration just one month after the law was enacted. However, he considered the number was low and expected a larger number of applicants in the coming months.
Seven months later, the number is still low, as only one-third of mining entities have applied to register. Another two-thirds need to come clean and enter the register,” Chebeskov affirmed at the 28th St. Petersburg International Economic Forum (SPIEF).
The Deputy Minister of Finance asserted that the goal was to legalize the mining sector and “bring this industry out of the shadows as much as possible.” He also noted that they have not achieved their objective, adding that the Ministry will work to complete it.
We have not yet completed this process. So far, only 30% of all miners have been entered into the register maintained by the Federal Tax Service, and this process is still far from complete (…) Therefore, we will work to complete this process.
Russian Authorities To Tighten RulesNotably, the Ministry of Digital Development is reportedly working on adding a new article to the Code of Administrative Offenses (CoAO) to provide fines for illegal mining and failure to provide information about mined crypto.
According to recent reports, the amendment, which is undergoing interdepartmental review, could introduce four types of offenses, three of which will be related to crypto mining.
Additionally, judges would gain the authority to confiscate crypto assets from anyone mining illegally, aiming to stop unregistered operations in Russia. The amendment would also tackle crypto payments, imposing fines on those who transact outside the Central Bank’s Sandbox.
In April, Russian Finance Minister Anton Siluanov announced a plan to establish a dedicated exchange for “highly qualified investors” alongside the Bank of Russia (BOR), aiming to “legalize crypto assets and bring crypto operations out of the shadows.”
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Here’s The Bitcoin Support Range To Watch If Price Decline Continues
Data shows this narrow Bitcoin price range hosts a few key BTC lines, something that could make the range an important support cluster.
$94,000 To $97,900 Range Contains Different Bitcoin Price ModelsIn a new post on X, CryptoQuant author Axel Adler Jr has talked about where the nearest support cluster lies for Bitcoin. The range in question includes three key levels that have played the role of support in the past.
Two of the lines are moving averages (MAs) of the cryptocurrency’s price: 111-day and 200-day. An MA is a tool that calculates the average of an asset’s value and, as its name suggests, moves alongside it in time, changing its value accordingly.
MAs find their use in studying long-term trends, as they smooth out local fluctuations. They can be taken over any period, be that one minute or one millennium. In the context of the current topic, the relevant periods are 111 days and 200 days.
The third support line of interest is an on-chain metric: the Realized Price of the short-term holders. The Realized Price keeps track of the cost basis of the average investor or address on the Bitcoin network. Here, the version of the indicator that’s of focus is that specifically for the short-term holders.
The short-term holders (STHs) refer to the BTC investors who purchased their coins within the past 155 days. These holders make up for one of the two main divisions of the network done on the basis of holding time, with the other side being known as the long-term holders (LTHs).
When the STH Realized Price is trading below the spot price of the cryptocurrency, it means the recent buyers as a whole are holding a net unrealized profit. On the other hand, the metric being under the asset’s value suggests the cohort is underwater.
Now, here is the chart shared by the analyst that shows the trend in all three of the indicators over the last few years:
As displayed in the above graph, these levels are all packed into a narrow zone at the $94,000 to $97,900 range. Considering the historical interactions that Bitcoin has had with these lines, it’s possible that this tight region could prove to be an important support cushion.
This would only be, of course, if the coin declines enough to retest it in the near future. While its price has recently indeed been going down, it remains some distance above the range for now.
BTC PriceSince the high close to $109,000 at the start of the week, Bitcoin has come down to the $104,300 mark.
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