Varyante

Microsoft warns of new remote access trojan targeting crypto wallets

Tech giant Microsoft has discovered a new remote access trojan (RAT) that targets crypto held in 20 cryptocurrency wallet extensions for the Google Chrome browser. Microsoft’s Incident Response Team said in a March 17 blog post that it first discovered the malware StilachiRAT last November and found it can steal information such as credentials stored in the browser, digital wallet information and data stored in the clipboard. After deployment, the bad actors can use StilachiRAT t

Canary Capital proposes first Sui ETF in US SEC filing

Canary Capital has filed its sixth proposed crypto exchange-traded fund (ETF) with US regulators, this time for one tracking the spot price of the crypto token Sui.In a March 17 Form S-1 filing to the Securities and Exchange Commission, the crypto investment firm requested to list the Canary SUI ETF, which didn’t include information on what exchange it would trade on or the proposed ticker symbol.The ETF would directly hold Sui (SUI), the native token of the layer-1 blockchain used for fee

‘Bitcoin bull cycle is over,' CryptoQuant CEO warns, citing onchain metrics

CryptoQuant’s head chief says Bitcoin’s bull market could already be over — changing his stance from earlier in the month when he said the Bitcoin bull cycle will be slow but “is still intact.”“Bitcoin bull cycle is over, expecting 6-12 months of bearish or sideways price action,” CryptoQuant founder and CEO Ki Young Ju said in a March 17 X post.All signals are currently bearish, says JuJu said that all Bitcoin (BTC) onchain metrics indicate a bear marke

LIBRA memecoin orchestrators named as defendants in US class-action suit

Update March 18, 6:42am: This article has been updated to reflect that Cointelegraph reached out to KIP Protocol and Meteora.The Libra token scandal is set to be reviewed by the Supreme Court of New York after a newly filed class-action lawsuit accused its creators of misleading investors and siphoning over $100 million from one-sided liquidity pools.Burwick Law filed the suit on behalf of its clients against Kelsier Ventures, KIP Protocol and Meteora on March 17 for launching the Libra (LIBRA)

Musk says he found ‘magic money computers’ printing money ‘out of thin air’

US government cost-cutting czar Elon Musk claims to have found at least 14 “magic money computers” in the federal government with the ability to send money from nothing.Musk said the computers, which exist in several federal departments, including the Treasury, Defense and Health and Human Services departments, can essentially issue payments and send money from nothing.“You may think that the government computers all talk to each other, they’re synchronized, they add up w

Solana deletes ‘cringe’ ad criticized for being ‘tone deaf’ on gender issues

The team behind blockchain network Solana has deleted a controversial advertisement posted on its X account after immense backlash over political messaging around gender identity.The more than two-and-a-half-minute ad for the Solana Accelerate conference posted on March 17 with the caption “America is back. Time to Accelerate” depicted a man as “America” in a therapy session who said he was having thoughts “about innovation” such as crypto.The therapist respon

Bitcoin’s recent $12B open interest wipeout was essential, says analyst

Bitcoin’s nearly $12 billion open interest shakeout earlier this month might be just the catalyst needed for the asset to regain its upward momentum, according to a crypto analyst.“This can be considered as a natural market reset, an essential phase for sustaining a bullish continuation,” CryptoQuant contributor DarkFost said in a March 17 markets report.“Looking at historical trends, each past deleveraging like this has provided good opportunities for the short to medium

Arbitrum devs launch incubator-style program ‘Onchain Labs’

Offchain Labs, the developers of Ethereum layer-2 network Arbitrum, have announced a partnership with the Arbitrum Foundation to launch a new incubator-style program called Onchain Labs.According to a March 17 post by Offchain Labs, the new incubator is aimed at rapidly adding to Arbitrum’s existing decentralized application (DApp) offerings with a particular focus on supporting “innovative and experimental” projects. Offchain Labs said this support will primarily come in

SEC could axe proposed Biden-era crypto custody rule, says acting chief

The US Securities and Exchange Commission could change or scrap a rule proposed under the Biden administration that would tighten crypto custody standards for investment advisers, according to the agency’s acting chair, Mark Uyeda.In prepared remarks to an investment industry conference in San Diego on March 17, Uyeda said the rule proposed in February 2023 had seen commenters express “significant concern” over its “broad scope.”“Given such concern, there may

Hyperliquid opened doors to ‘democratized’ crypto whale hunting: Analyst

Crypto whale tracking on the Hyperliquid blockchain has enabled traders to target whales with prominent leveraged positions in a “democratized” attempt to liquidate them, according to the head of 10x Research.Hyperliquid, a blockchain network specializing in trading, allows traders to publicly observe what type of positions a whale is holding, and since these positions are leveraged, the market can assess the liquidation levels unless an additional margin is added, Markus Thielen sai

Why cruise stocks are a buy now, according to this analyst

Cruise stocks have been falling, but J.P. Morgan says buy because there have been no signs of reduced demand despite all the macro noise.

Tesla sales have ‘significantly underperformed’ in all key regions, analyst says

Mizuho lowers its price target by 16.5% to reflect all of the EV maker’s current woes.

Netflix has won the streaming wars. Now what?

Analyst firm MoffettNathanson is raising its price target for Netflix, saying it sees huge upside for the platform’s new advertising model as well as continued profit-margin growth.

Lucid is looking for a new CEO. Why that may be a good thing.

Change afoot at Lucid might be a chance to play a bigger role in EVs and AI.

Paul Atkins closes in on SEC chair role amid setbacks: Report

Paul Atkins could move one step closer to becoming the US Securities and Exchange Commission’s new crypto-friendly chair, with a Senate committee hearing reportedly in the works for March 27.President Donald Trump nominated Atkins to lead the SEC on Dec. 4, but his marriage into a billionaire family has reportedly caused headaches with financial disclosures — delaying his potential start date.While it isn’t clear whether the White House has produced those papers to the Senate,

Reddit’s stock has soared 170% since the IPO. Here’s why the honeymoon may now be over.

Reddit’s growth is vulnerable to the whims of search giant Google, according to Redburn Atlantic, which has slapped a sell rating on the stock.

Wells Fargo sees path to growth ahead as another regulatory order is lifted

Wells Fargo & Co. on Monday said that regulators had terminated a 2021 enforcement order related to loss-mitigation issues in its home-lending business, marking the latest such order to be lifted from the bank.

Solana futures finish first trading day on CME

Solana (SOL) futures traded for the first time on the Chicago Mercantile Exchange (CME) Group’s US derivatives exchange on March 17 as the cryptocurrency’s mainstream adoption gains momentum. In February, CME tipped plans to list two types of SOL futures contracts: standard contracts representing 500 SOL and retail-friendly “micro” contracts representing 25 SOL each. They are the first regulated Solana futures to hit the US market after Coinbase’s launched in F

Bitcoin sees 30% retracement as selling pressure increases — Bitfinex

Bitcoin (BTC) has undergone its second-largest correction of this bull run, according to analysts at crypto exchange Bitfinex. The correction, from the coin’s all-time high of $109,590 set on Jan. 20 to a low of $77,041 during the week of March 9-15, represents a 30% retracement triggered by selling pressure from short-term holders.In its report, Bitfinex defines short-term holders as those who have bought within the last seven to 30 days. According to the exchange, they have suffered net

ESG, Blockchain & Gender Diversity: How Fedrok AG Supports Women's Workforce Reintegration

The combination of blockchain technology, workforce diversity, and ESG (Environmental, Social, and Governance) is a powerful ...