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New Malware Attacks Crypto Investors, YouTube CEO Bullish On Web3 Tech

February 20, 2023
minute read

These are some significant developments over the past few days in the world of cryptocurrency.

According to the anti-malware application Malwarebytes, two new dangerous computer programs from unidentified sources are actively "targeting crypto speculators in a desktop environment". Since December 2022, Laplas Clipper malware and the MortalKombat ransomware have been aggressively attempting to steal cryptocurrency from naive investors, according to Binance.

The majority of the victims of this campaign live in the United States, however, there is also a tiny number in the Philippines, the United Kingdom, and Turkey.

Together, malicious software gathers data from the user's clipboard, which is typically filled with a string of letters and numbers that the user has copied. Wallet addresses are replaced with new ones by the malware after being copied to the clipboard.

The attack relies on the user failing to pay attention to the sender's wallet address, which would result in the cryptocurrency being transferred to the unknown attacker. Attacks can target both small and large organizations as well as individuals.

Bullish On Web3 Technology Such as NFTs And Metaverse, New YouTube CEO

The business last week named Neal Mohan, a former YouTube Chief Product Officer, as its new CEO. His ascent is welcome news for supporters and proponents of Web3, according to decrypt.

Last year, Neal discussed YouTube's potential plans to include Web3 technology by "making YouTube more immersive" through the usage of the metaverse or by utilizing NFTs, which are distinctive digital tokens frequently used to claim ownership of online material.

In a blog post, Mohan stated, "We believe new technologies like blockchain and NFTs can help creators to develop closer interactions with their audience."

CoinShares: Bitcoin Not Under Control Of A Few Coders

CoinShares, a company that analyzes cryptocurrency data, disputes the idea that a small number of people are in charge of how the Bitcoin network develops. It claimed that a sizable and varied community of contributors develops and approves the Bitcoin Core software.

According to CoinShares, the community works together to build and maintain the program and is made up of developers, researchers, reviewers, and testers from all over the world.

CoinShares, as reported by Trade Algo, said: "Anyone contributing to the Bitcoin Core project in any way can suggest code modifications, test them, review them, or comment on open pull requests.

This open and collaborative approach has been essential for the project's success and continuing expansion. capacity is regarded as a contributor."

Trade Algo previously asserted that a small group of enigmatic engineers are responsible for Bitcoin's future.

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