Crypto News
North Korea-Linked Lazarus Group Holds More Bitcoin Than Elon Musk’s Tesla
The Lazarus Group, a hacking group closely associated with North Korean, holds more bitcoin (BTC) than Tesla (TSLA), the electric car manufacturer led by Elon Musk, according to data from Arkham Intelligence. At press time, Lazarus held 13,441 BTC worth $1.14 billion, according to data source Arkham Intelligence. That's 16% more than Tesla's bitcoin stash of 11,509 BTC.Last month, Lazarus Group struck crypto exchange Bybit, draining $1.4 billion in ether (ETH) from the platform. Recently, some of the stolen funds have been converted into bitcoin, with 12,836 BTC distributed across 9,117 unique wallets, as Bybit's CEO Ben Zhou confirmed.Tesla acquired its bitcoin stash four years ago and has been HODLing ever since, making it the world's fourth-largest publicly listed company in terms...
Trump Aides Look To Reform USAID With Blockchain For ‘Transparency’: Report
A purported DC proposal to rename the humanitarian agency includes a plan to use blockchain for “innovation and efficiency.”Source link
Polymarket is 90% Accurate in Predicting World Events: Research
It turns out Polymarket is a crystal ball, which can predict certain events with nearly 90% accuracy, according to a Dune dashboard compiled by New York City-based data scientist Alex McCullough.McCullough studied Polymarket's historical data and removed markets with probabilities above 90% or below 10% after outcomes were already known but not yet settled, to keep the analysis accurate, according to a Dune dashboard summary.Polymarket slightly but consistently overestimates event probabilities across most ranges, potentially due to biases like acquiescence bias, herd mentality, low liquidity, and participant preference for high-risk bets, McCullough's research found.Longer-term markets, ones that ask bettors to consider an event far-out, look more accurate because they include many outcomes that are clearly unlikely, making predictions easier, McCullough...
New Malware Is Draining Crypto Wallets Through Google Chrome
New malware is attacking cryptocurrency users, stealing wallet credentials and financial data by bypassing Chrome’s encryption and monitoring clipboard activity to intercept and redirect transactions. New Malware Targets Crypto Users, Stealing Wallet Credentials and Financial Data A newly discovered remote access trojan (RAT) known as StilachiRAT is specifically targeting cryptocurrency users by stealing digital walletSource link
Metaplanet Appoints Eric Trump to Newly Formed Strategic Advisory Board
Metaplanet has named Eric Trump as the first member of its new Strategic Board of Advisors, part of its push to expand Bitcoin "adoption."Source link