POST #22
Crypto News โ March 18
๐ง๐ท Brazil Considers Crypto Salaries
Brazil is discussing a law that would allow employers to pay salaries in cryptocurrency.
๐น Partial payments in Bitcoin and other digital assets would be voluntary.
๐น The remaining portion must be paid in Brazilian reals.
๐ฅ Trumpโs Token Windfall
Donald Trump and his partners have made $390M from selling WLFI tokens.
After closing the second round of sales, World Liberty Financial raised a total of $550M, with 75% of the net profit going to Trumpโs team.
๐ Debiexโs Crypto Romance Scam
Employees of the crypto platform Debiex posed as women on social media to romance male clients.
After gaining their trust, they convinced them to invest in crypto, scamming them out of $2.3M.
๐ป CryptoQuant: Bitcoin in Bearish Phase
CryptoQuant's CEO announced that Bitcoin has entered a bearish market phase, predicting 6-12 months of downward or sideways price movement.
โ ๏ธ New Trojan Targets Crypto Wallets
Microsoft reports a new Trojan called StilachiRAT that targets crypto wallets in Google Chrome.
It attacks 20 different extensions, including:
๐น MetaMask, Coinbase Wallet, Trust Wallet, OKX Wallet, Bitget Wallet, and Phantom.
๐ Bitcoin ETF Inflows Hit $274.6M
Spot Bitcoin ETFs recorded a net inflow of $274.6M yesterdayโthe highest since February 4.
๐ ZachXBT: Crypto Security Is Doomed
On-chain detective ZachXBT claims the crypto industry is doomed in terms of security:
๐น Hacks and money laundering are too easy.
๐น Exchanges and protocols react too slowlyโblocking funds takes hours, while laundering takes minutes.
๐น He slammed KYT for being vulnerable and KYC for being ineffective, as accounts are frequently sold.
๐น The $1.4B laundered by North Korea demonstrates the scale of the problem.
Justin Sun announced that TRON will soon launch on the Solana blockchain.
๐ผ MicroStrategy Eyes $500M BTC Buy
MicroStrategy plans to issue additional Class A shares, potentially raising another $500M to buy Bitcoin.
๐ฆ Swiss Xapo Bank Offers BTC-Backed Loans
The Swiss Xapo Bank now offers BTC-backed loans of up to $1M to its clients.
๐ซ๏ธ New Crypto Laundering Tactic
Hackers are using a new laundering scheme, disguising their activities as trader errors:
๐น Multiple wallets deposit and withdraw funds via Aave.
๐น The assets are added to a Uniswap liquidity pool.
๐น Arbitrage bots controlled by hackers exploit the trades.
๐น In one case, $220K USDC was exchanged for just $5,272 USDT, creating a fake loss.
๐น The bot's profits offset the โlosses,โ allowing criminals to clean their stolen funds.
๐น The Lazarus Group is reportedly using this method.
๐ Stay sharp in the ever-evolving crypto space!
