Cado Security Labs has pointed out that cybercriminals are using AI to create fake websites and apps through which they recruit victims from the cryptocurrency sector.

Through these fake meeting apps, hackers spread malware to steal personal data, as well as access credentials to “websites, apps and cryptocurrency wallets.”

Scammers create malicious pages and fake social media accounts that are difficult to detect “before contacting potential victims to encourage them to download a meeting app,” according to Tara Gould, Cado’s threat research leader.

An example is the “Meeten” app, although it operates under the name “Meetio” and “regularly changes its name. In the past, it has used names such as Clusee.com, Cuesee, Meeten.gg, Meeten.us, and Meetone.gg.”

Once downloaded, the information stealer called Realst contained in the app “searches for sensitive items such as Telegram login credentials, bank card details, and cryptocurrency wallet information to send to the attackers.”

In addition, it searches for browser cookies and auto-filled credentials from applications such as Google Chrome and Microsoft Edge. In this way, the credentials of the Ledger, Trezor, and Binance wallets are stolen.

“The use of AI allows threat actors to quickly create realistic content for websites, which adds legitimacy to their scams and makes it harder to detect suspicious websites,” the researchers said, highlighting that this attack has been operating for about four months, with versions for macOS and Windows.

M.Pino

Source: cointelegraph

(Reference image source: Christin Hume on Unsplash)

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La entrada Cryptocurrency theft lurks behind fake meeting apps apareció primero en Bitfinance.

The Global Blockchain Show will be held in Dubai on December 12-13 at the Grand Hyatt Exhibition Centre. The event is being organized by the Web3 consulting firm VAP Group.

The event will bring together experts and enthusiasts in blockchain technology, as well as areas such as Web3, cryptocurrencies, the digital transformation of finance, and regulations, while also offering the opportunity to establish strategic business alliances.

It will be a golden opportunity for solution providers, experts and enthusiasts from around the world to converge at the Global Blockchain Show in Dubai. Vishal Parmar, Founder and CEO of VAP Group, said that at this show, attendees will be able to experience the dynamics of this technology.

“Topics such as digital currency, blockchain regulations and Web3 games will delve into real-life applications, while workshops will provide practical how-to frameworks, models, implementation guides and success metrics,” the organization said.

M.Pino

Source: news.bitcoin

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La entrada Global Blockchain Show to be held in Dubai on December 12-13 apareció primero en Bitfinance.

Blockchain technology arrived at the Vatican Library to make the leap to Web3 with the tokenization of the historical manuscripts kept there. This initiative will allow its preservation and legacy to be prolonged.

It is one of the oldest and most prestigious libraries in the world. It will now proceed to the digitization and accessibility of documents dating back centuries.

The library has confirmed that in the middle of this year, the “tokenization of 21 ancient manuscripts began, allowing these documents to be accessible in the digital world in a secure and verifiable manner. Using blockchain technology, each manuscript is represented as a non-fungible token (NFT), which guarantees its authenticity and provenance.”

The technique will not only provide greater protection to valuable documents, “but also democratizes global access to them. Now, scholars, researchers and history enthusiasts around the world can explore these texts without having to travel to Rome.”

Without a doubt, the measure constitutes an opening to new possibilities for education and historical research, bringing the knowledge stored in the manuscripts of the Vatican Library to more people.

This joint project between the Vatican Library and companies in the technology sector, particularly in the blockchain segment, has made possible the transition towards the digitization and tokenization of manuscripts.

They hope that in a short time, more of the collection can be included, demonstrating that “traditional institutions can take advantage of emerging technologies to preserve heritage and expand their reach. “This integration of old with new offers a model for other libraries and museums around the world to follow.”

M.Pino

Source: cripto247

(Reference image source: Unsplash+, in collaboration with Getty Images)

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La entrada Vatican Library began tokenizing historical manuscripts apareció primero en Bitfinance.

Next June 20 will be the meetup in Venezuela of the Astar Network blockchain platform. It will take place in the city of Maracay, Aragua state, in the spaces of LoftStudio, Avenida Bolívar, Parque Aragua Shopping Center.

Attendees will be able to learn about the new features offered by Astar Network, in addition to becoming familiar with concepts such as Web3, wallets, NFT, cryptocurrencies, smart contracts, scalability solutions, dApp staking, among others.

The educational event will have a rich agenda to “democratize access to knowledge about decentralized technologies and their potential to transform the current landscape, as well as expand the firm’s user base within the region.”

The topic includes blockchain technology and its importance; ways to use cryptocurrencies safely and efficiently; features, benefits and technological products of Astar Network; update on NFTs, tokens and more trends in the digital world; digital wallets, how to open one and ways to make transactions.

It will be the opportunity to receive the best advice from experts, in addition to participating in hackathons, global events and using tools for developers.

The platform, which has already opened registration for the event, has planned a series of interactive activities that include prizes related to Astar Network in a pleasant environment, ideal for learning, with the opportunity to taste delicious dishes and desserts in the event spaces.

M.Pino

Source: morocotacoin

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La entrada Astar Network will hold an educational event in Maracay on June 20 apareció primero en Bitfinance.

In the 2017 bullish boom, Initial Coin Offerings (ICOs) captured the attention. In the last bull market of 2021, Decentralized Finance (DeFi) and yield farming dominated the scene. Now, with a new bullish cycle underway, 2024 promises the arrival of more sophisticated financial products in the field of cryptocurrencies. From complex derivatives to structured products, this year will mark the entry of advanced financial instruments and high-end traders into the fascinating world of digital assets.

Following the trend of previous cycles, the crypto ecosystem continues its close relationship with the traditional financial market (TradFi). Bitcoin, originally designed as an alternative payment system, and ICOs, inspired by TradFi’s Initial Public Offering (IPO) of 1783, are clear examples of this connection.

Meanwhile, the DeFi ecosystem replicates traditional financial services, such as lending, borrowing, and yield generation, but in a decentralized manner. It is logical to expect that, eventually, the more complex financial vehicles will experience an update on the Web3.

The crypto derivatives market has experienced impressive growth, with trading volumes reaching record numbers in November. Although the share of the overall crypto market has declined, open interest in crypto options has reached historic levels, evidencing a trend towards more sophisticated derivatives.

Alongside this recovery, more advanced derivatives are emerging, such as the boom in decentralized perpetual futures trading and innovative risk management mechanisms. In the new year, growth is expected in exotic options, structured products and covered debt bonds (CDOs) in the crypto space, signaling a significant expansion.

What will drive interest in these innovative derivatives? Three key factors stand out for 2024 and beyond. First, growing institutional interest in digital assets will drive demand and innovation. Second, after the crypto winter, investors will look for high yields, focusing on derivatives and structured products because of their potential for high yields and loss protection. The third factor is the search for security after destabilizing events in the crypto market in 2022, making capital-protected products attractive.

As the crypto market matures and the focus is on predictable returns, structured products and complex derivatives will play a crucial role. Preserving capital becomes a priority in a market that is still recovering from the events of 2022, driving innovation and rapid growth in these areas, marking one of the defining innovations of the current bull market.

K. Tovar

Source: Cointelegraph

(Reference image source: Kanchanara, Unsplash)

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La entrada In 2024 cryptocurrencies will bring innovative products apareció primero en Bitfinance.

During the second edition of Madeira Blockchain 2023, local advances in Web3 were highlighted, along with the strategy of the Portuguese islands to attract startups and technological talent, thus boosting economic growth in the digital age.

At a crucial roundtable during the conference, studies focused on blockchain functions analysed the challenges associated with integrating this technology into games. The discussion included crucial issues such as acceptance by developers, players and editors.

Redcatpig, a leading Web3 study specializing in the development of blockchain functions, shared its experiences and obstacles at the roundtable. Marco Bettencourt, CEO of Redcatpig, highlighted the difficulty of communicating internally to convey the enormous advantage that blockchain technology can bring to gamers and improve games.

Despite the challenges, Redcatpig is immersed in creating blockchain-based gaming solutions. Its first release, HoverShock, will hit the market in 2024 and will feature skins and drones based on non-expendable tokens, available for exchange in an in-game market, purchaseable with cash or cryptocurrencies.

The study adopted a unique perspective, avoiding the trends associated with blockchain technology. Bettencourt stressed: “Players don’t need to know the buzzwords. The only thing they need to know is that when they buy a skin, they own it and can sell it whenever they want.”

In addition, the integration of blockchain into game development has generated some controversy. VEU, a Los Angeles-based company specializing in AI-based solutions for virtual environments, faced criticism from its own community for the introduction of blockchain technology.

Nuno Rivotti, Head of Product at VEU, commented on the situation: “Players just need to perceive the product, they don’t need to understand the technology. I think the industry needs to take that turn, similar to how other technologies were accepted when they stopped being a topic of conversation.”

Despite the adverse reactions, game developers in Portugal continue with blockchain integration, backed by the eGames Lab. This consortium, made up of 22 public and private entities, is committed to supporting the video game industry in its internationalization, turning blockchain technology into a key innovation for the government’s product lines and investment strategies.

Pedro Dominguinhos, President of the National Commission for the Follow-up of the Recovery and Resilience Plan (PRR) of Portugal, said: “As part of the Recovery and Resilience Plan, there is a specific agenda for blockchain, which includes training, research and development, software production and marketing.”

K. Tovar

Source: Cointelegraph

(Reference image source: Unsplash+)

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La entrada Video games gradually begin to integrate the blockchain apareció primero en Bitfinance.

In an exciting announcement, The Walt Disney Company revealed its collaboration with Dapper Labs to launch its own digital collectibles marketplace, leveraging non-fungible token (NFT) technology.

Under this innovative partnership, Disney will transform its iconic cartoon characters, both classic and contemporary, into NFTs. This will allow passionate fans to collect and preserve these digital gems in the Web3 ecosystem, according to various media outlets.

The initiative will also encompass iconic franchises currently under Disney ownership, such as Star Wars, Pixar productions, the beloved princesses and their captivating stories, as well as other fascinating universes.

The long-awaited launch of this new platform will be called “Disney Pinnacle” and is expected to be available at the end of the year in stores such as the Apple App Store and the Google Play Store for Android devices, in addition to having a version compatible with web browsers.

Currently, enthusiasts can join the waitlist on the official page, while the NFTs will work through the Flow Blockchain network, owned by the Dapper Labs team.

K. Tovar

Source: DiarioBitcoin

(Referential image source: Kin Li, Unsplash)

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La entrada Disney will have its own NFTs apareció primero en Bitfinance.

Non-Fungible Tokens (NFTs) have experienced notable changes in their recent landscape. Although NFT trading has declined, developer interest in Web3 technologies remains strong.

Ordinals, a protocol that facilitates the addition of NFTs to the Bitcoin blockchain, is implementing significant measures to support its developers. The establishment of a non-profit organization aims to ensure fair compensation for developers, without compromising neutrality.

Programmer Casey Rodarmor pioneered the implementation of enrollments on the Bitcoin mainnet in January, thus laying the foundation for NFTs on the Bitcoin blockchain. The development of this technology was primarily funded by Rodarmor, in addition to altruistic contributions made by the core developers.

While the development side of NFTs continues to advance, the commercial aspect slowed down noticeably. This “cooling off” period in NFT trading is in stark contrast to the effervescence seen in previous months.

This decline in NFT trading could signal a broader shift in focus within the crypto community. As the hype around NFTs dies down, attention may be shifting to other promising areas, such as Web3 technologies.

Despite the slowdown in NFT trading, developers continue to be enthusiastic about Web3. Both the underlying technology and potential applications continue to generate interest and attract investment.

The continued enthusiasm for Web3 suggests that the world of NFTs is far from over. The successful integration of NFTs with the Bitcoin blockchain and ongoing development efforts point to a promising horizon for both Web3 and NFTs.

K. Tovar

Source: Criptotendencia

(Reference image source: Sorttier, Unsplash)

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La entrada Trade with NFTs “cooled off”, despite enthusiasm with the Web3 apareció primero en Bitfinance.

FC Barcelona announced on Monday the launch of ‘Barça Vision’, the platform under which it wants to group all the initiatives associated with ‘Web3’, ‘NFT’s’ and the metaverse that until now were under the trademark ‘Bridgeburg Invest’, a subsidiary of ‘Barca Studios’.

According to the Barça team, ‘Barça Vision’ “will be a fundamental part of the club’s strategy to build the ‘Espai Barça Digital’ and bring together the digital community of fans of FC Barcelona from all over the world, with a focus on ‘Gen alpha’, ‘Gen Z’ and ‘Millennials'”. FC Barcelona will make a public presentation of its new platform this Wednesday June 21 at the ‘Museu Immersiu’.

In addition, the club chaired by Joan Laporta also presented its own ‘WhatsApp Channel’ this Monday, the new functionality of the platform that allows notifications to be sent directly to the members who follow it.

“This is a simple, secure and private way to receive news from the club, directly in ‘WhatsApp’ and it is a functionality that is already available in Singapore and Colombia, although in the coming weeks it will be extended to other territories until it is available for all parts of the world”, indicated the FC Barcelona.

He recalled that it was one of the few sports entities that collaborated with ‘WhatsApp’ for the launch of ‘WhatsApp Channels’ and the only football club that appeared in the presentation video blog and in the different communications to the media launched by the platform. “This is just one example of FC Barcelona’s leadership in each of its profiles on the social networks where it is present and its community is constantly growing”, he stressed.

The ‘WhatsApp Channel’ is a one-way transmission tool for administrators to send text, photos, videos, stickers and surveys. The channels will appear in a new tab called ‘Updates’, where the statuses and channels that the user wants to follow will be, separated from the rest of the chats with family, friends and communities.

Source: dpa

(Reference image source: Fikri Rasyid, Unsplash)

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La entrada FC Barcelona launches Barça Vision, a platform for Web3, NFT’s and metaverse apareció primero en Bitfinance.

The Beijing municipal government released a detailed report known as the “White Paper on Web3 Innovation and Development“, with the aim of boosting innovation and promoting the advancement of the Web3 industry.

The Beijing Municipal Science and Technology Commission, also called the Zhongguancun Science Park Administrative Commission, released this important document during the Zhongguancun Forum. According to local reports, the report recognizes Web3 technology as an “unavoidable trend for the future development of the Internet industry.”

The commission aims to make Beijing a leading global hub for innovation in the digital economy. To achieve this, it plans to allocate at least US$14 million per year until 2025. Yang Hongfu, director of the management committee of Zhongguancun Chaoyang Park, revealed this information during the forum, noting that Zhongguancun is widely recognized as China’s “Silicon Valley”.

The white paper is aimed at enhancing political support and accelerating technological advances to fuel the growth of the Web3 industry in Beijing. This initiative was well received by the community, being highlighted by Changpeng Zhao, CEO of Binance, who considered that the timing of its publication was “remarkable”. Zhao stressed that this comes just as new cryptocurrency regulations will take effect in Hong Kong on June 1.

Last week, the Hong Kong Securities and Futures Commission announced new regulations for the cryptocurrency industry, allowing retail investors to participate in cryptocurrency trading starting June 1. This coincides with the implementation of a new licensing framework for cryptocurrency platforms.

On May 23, China Central state television aired a segment that featured the Bitcoin logo and a Bitcoin ATM in Hong Kong. Changpeng Zhao mentioned the importance of this hedging, since it has historically been related to the rise of the market. The segment also highlighted non-fungible tokens, though it was later removed.

K. Tovar

Source: Finbold

(Reference image source: Shubham’s Web3, Unsplash)

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La entrada China presented a “white paper” that will promote the web3 apareció primero en Bitfinance.