
Experts say stablecoins are rapidly growing, with Bitwise reporting their 2024 transaction volume surpassed Visa’s. However, DWF Labs’ Andrei Grachev warns of systemic risks like redemption pressure and reserve management. Stablecoin Transaction Value Surpasses Visa Volumes Stablecoins are experiencing exponential growth, rapidly becoming one of the most significant financial innovations of the last two decades,
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El Salvador’s Bitcoin Reserves Grow Amid IMF Compliance Claims and Structural Reforms

The International Monetary Fund (IMF) has recognized El Salvador’s adherence to its agreement to cease Bitcoin accumulation in the public sector. However, burgeoning on-chain data indicates that El Salvador has Bitcoin.com

Hackers Create Fake Corporate Entities in the US To Fool Crypto Developers and Spread Malware: Report
North Korean hackers are reportedly carrying out a widespread campaign in the US by creating sham corporate entities. Lazarus, the notorious state-sponsored North Korean syndicate responsible for some of the biggest hacking operations in history, has managed to set up corporations in the states of New Mexico and New York, Reuters reports . Researchers at the cybersecurity firm Silent Push say the companies, called Blocknovas LLC and Softglide LLC, were set up using fake personas and addresses. The goal of the firms is to advertise fake jobs for crypto developers in an effort to infect job applicants’ wallets with malware once they respond. Says Kasey Best, director of threat intelligence at Silent Push, “This is a rare example of North Korean hackers actually managing to set up legal corporate entities in the U.S. in order to create corporate fronts used to attack unsuspecting job applicants… These attacks utilize fake personas offering job interviews, which lead to sophisticated malware deployments in order to compromise the cryptocurrency wallets of developers, and they also target the developers’ passwords and credentials which could be used to further attacks on legitimate businesses.” The FBI has not officially commented on the developments, but an official told Reuters that North Korean cyber operations are “perhaps one of the most advanced persistent threats” facing the US. For now, the FBI has seized the domain of Blocknovas. The Bureau’s warning reads , “This domain has been seized by the Federal Bureau of Investigation in accordance with a seizure warrant issued by the United States District Court for the Northern District of Texas as part of a law enforcement action against North Korean Cyber Actors who utilized this domain to deceive individuals with fake job postings and distribute malware. If you interacted with this site or submitted personal information, we recommend scanning your devices for malware and taking steps to protect your identity.” Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Hackers Create Fake Corporate Entities in the US To Fool Crypto Developers and Spread Malware: Report appeared first on The Daily Hodl . Bitcoin.com