Symantec’s “Internet Security Threat Report” Highlights Crypto’s Increased Use in Cyber Crime 1020

Internet security firm Symantec has published their 23rd Internet Security Threat Report. The document identifies an increase in the incidents of cyber crime that involve cryptocurrency in some way. The most prominent examples are cryptojacking and ransomware attacks.

More Cyber Criminals Using Cryptocurrency

The report largely focuses on the following areas: cryptojacking, ransomware, targeted attacks, mobile attacks, and attacks leveraging the software supply chain.

Symantec claims that the cryptojacking was the largest trending attack of 2017. They worked out that there had been an 8,500% increase in the number of examples detected on computers.

Cryptojacking is the use of a computer system to mine cryptocurrency without the owner of the machine knowing. Privacy-focused cryptos are often favoured. Monero (XMR), for example, is a popular coin to secretly mine. Firstly, because provides a large level of anonymity for the criminal. Secondly, because regular CPUs can mine the coin effectively. This is in contrast to digital currencies like Bitcoin that require specialised equipment to generate new coins.

Symantec speculates that cyber criminals were drawn to cryptojacking in 2017 because of the surge in the price of practically all existing cryptocurrencies. Monero, for example, started the year at around $13 per coin. By the end of 2017, a single XMR coin cost around $350.

In addition to the immense profitability of cryptojacking, Symantec highlights how easy it can be to turn an unknowing computer user’s machine into a cryptocurrency miner. They state that it often requires no more than a few lines of code running on a device.

Since cryptojacking involves a large amount of processing power, it can often slow users’ machines down. Symantec also states that overworking a CPU in such a way can cause “batteries to overheat and devices [can] become unusable.” In addition, the security experts claim that cryptojacking could cause even greater problems for organisations that are being billed based on CPU usage.

The Internet Security Threat Report went on to mention ransomware as another of the major online threats of 2017. Ransomware attacks involve hackers encrypting the contents of a computer system. They then demand paying (usually in cryptocurrency) to unlock the machine.

The cybersecurity experts highlighted the WannaCry attack of last year as one of the largest examples of such cybercrime. They state that demands made by groups committing such attacks had actually fallen this year since the attacks of 2016 frequently overpriced themselves. A blog post about the report stated:

“In 2017 cyber criminals seemed to find the sweet spot that victims are willing to pay. The average ransom demand in 2017 was $522, less than half of the average of 2016.”

Being an emerging currency for the internet, it should come as no surprise that criminals are favouring cryptos for their attacks. Already in 2018, there have been examples of ransomware attacks against government departments in Atlanta. For now, there is nothing to suggest that such attacks will diminish during 2018.

 

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Mira Reaches Major Milestone: 2.5M Users and 2B Daily Tokens Processed 856

Mira, the pioneer in decentralized AI verification technology, announces unprecedented growth with 2.5 million users and two billion tokens processed daily across its ecosystem applications.

The milestone demonstrates growing market demand for AI that can operate autonomously without human oversight. Processing two billion tokens daily is equivalent to approximately half of Wikipedia’s content, generating 7.9 million images, or processing over 2,100 hours of video content per day.

“This growth confirms we’re addressing the critical barrier to AI’s transformative potential,” said Karan Sirdesai, Co-founder and CEO of Mira. “Today’s AI remains constrained by the need for human verification—we’re removing that bottleneck to enable truly autonomous intelligence capable of operating independently in high-stakes scenarios.”

Enabling the Shift from ‘Baby AI’ to Autonomous Intelligence

Current AI systems excel at generating content and solving problems, but their probabilistic nature makes them fundamentally unreliable. This creates a paradox: the more powerful AI becomes, the more human hours are required to verify its output, severely limiting AI’s potential.

Mira is addressing this challenge through decentralized verification that enables AI systems to operate autonomously in consequential domains. By transforming the verification process from a human bottleneck to a scalable, trustless system, Mira is paving the way for AI’s next evolutionary leap.

Applications Demonstrating the Vision

This vision is coming to life through several applications built on Mira’s verification infrastructure:

Klok — A multi-LLM chat application providing access to leading AI models including DeepSeek-R1, GPT-4o mini, and Llama 3.3 70B Instruct within a unified interface. Klok treats each AI model as a trustless independent node, with verification features set to roll out in coming weeks.

WikiSentry — An AI agent that autonomously fact-checks Wikipedia articles against verified sources, identifying hallucinations, biases, and misinformation—a task previously requiring extensive human oversight.

Astro — A guidance platform helping users navigate life’s important decisions through personalized, AI-powered insights that leverage verified information for reliable advice.

Amor — A supportive AI companion offering conversation and emotional connection for those seeking meaningful interaction, with verification ensuring consistent and trustworthy responses.

Public Testnet Enables Developer Innovation

Mira has today launched its Public Testnet, enabling developers, enterprises, and users to explore its blockchain-based verification network at explorer.mira.network, where all AI inferences are recorded as transparent, verifiable events.

Strategic Partnerships Expanding the Ecosystem

Mira has integrated with leading agent frameworks including Eliza, SendAI, Arc, ZerePy, and FereAI, while establishing partnerships with blockchain networks like Monad and Plume Network. Infrastructure collaborations with io.net, Aethir, Hyperbolic, Exabits, and Spheron, along with industry partnerships with KernelDAO and Delphi Digital, further strengthen Mira’s ecosystem.

Backed by $9 million in funding from Framework, Accel, Mechanism, and Bitkraft, with angel investors including Balaji Srinivasan and Sandeep Nailwal, Mira is positioned to transform how AI systems operate at scale.

About Mira

Mira is building the foundational verification layer that enables trustless AI systems through advanced consensus mechanisms. The network combines sophisticated claim transformation and distributed verification protocols to achieve reliable AI execution at scale. By solving the fundamental challenge of error rates in AI, Mira is establishing new standards for reliability—paving the way for autonomous intelligence that can operate without human oversight, unlocking AI’s transformative potential across society.

For more information, visit mira.network.

Innovative Multicurrency Wallet Development Company Blurs The Lines Between Traditional Banking & Crypto Economy 1024

Amidst the swift transformation of the digital financial landscape, where the lines between traditional banking and the crypto economy continue to blur, a pioneering multicurrency wallet development company, Nadcab Labs is redefining how users interact with digital and fiat currencies. By integrating advanced blockchain technology with banking-grade security, the company offers next-gen cryptocurrency wallet development solutions designed to empower businesses, crypto exchanges, and fintech innovators with seamless, secure, and scalable multicurrency wallet platforms.

These cutting-edge solutions are transforming the financial ecosystem by bridging the gap between conventional financial systems and the decentralized digital economy. They offer users the flexibility to manage multiple fiat and cryptocurrencies effortlessly in one unified interface. With the rise in global crypto adoption, the need for versatile wallet solutions is more critical than ever, and Nadcab Labs stands out by providing tailor-made wallet applications that support multiple assets, facilitate instant cross-border payments, and incorporate real-time currency conversion features, delivering an unmatched user experience.

Speaking on the growing demand for robust digital wallets, Aman Vaths, Founder of Nadcab Labs, said, “The future of finance is hybrid, and our mission is to equip businesses with wallet solutions that not only support digital assets but also integrate traditional banking functionalities to meet the evolving needs of global users.”

Backed by a team of blockchain experts, the company offers end-to-end wallet development services including private key encryption, two-factor authentication, biometric security, and multi-signature support, ensuring that users’ assets remain secure against cyber threats.

As part of its holistic approach, the company also specializes as a cryptocurrency exchange development company, delivering white-label crypto exchange solutions that are scalable, secure, and compliant with global regulatory standards, thereby enabling businesses to enter the crypto trading market seamlessly. With an added focus on smart contract development services, the company ensures that its wallets and exchange platforms are integrated with highly secure, efficient, and customizable smart contracts, automating transactions and eliminating intermediaries for faster and more transparent operations.

Furthermore, their blockchain development services play a pivotal role in strengthening the backend of multicurrency wallets, offering high-performance distributed ledger solutions that enhance data integrity, transaction speed, and platform scalability. By incorporating AI-driven analytics, real-time monitoring, and decentralized finance (DeFi) features, the company’s wallet solutions empower users to lend, borrow, and stake assets, driving greater engagement and financial inclusion.

Businesses partnering with this multicurrency wallet development company benefit from not only technical excellence but also strategic consulting, market analysis, and marketing support, ensuring that their digital wallet solutions align perfectly with industry demands and user expectations.

The company’s unwavering commitment to security, innovation, and customer satisfaction has earned it a solid reputation in the global fintech and crypto industries, making it the go-to partner for startups, enterprises, and financial institutions seeking to capitalize on the booming digital asset market. With its extensive expertise in cryptocurrency wallet development, cryptocurrency exchange development company services, smart contract development services, and blockchain development services, the company is driving the next wave of financial transformation, helping businesses blur the boundaries between traditional finance and the decentralized crypto economy.

With its relentless focus on innovation and excellence, this multicurrency wallet development company is setting a new standard in the digital finance ecosystem, ushering in a future where traditional banking and the crypto economy seamlessly coexist.

To explore how their comprehensive wallet and exchange solutions can elevate your blockchain strategy and empower your business in the digital age, visit www.nadcab.com.

Follow Nadcab Labs
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World’s Largest Financial Institutions Join the Canton Network’s Global Synchronizer Foundation 1126

The Global Synchronizer Foundation, in conjunction with the Canton Network, the world’s only public layer one blockchain network with control and privacy, today announced that Goldman Sachs, Hong Kong FMI Services Limited, and Moody’s Ratings have joined the Global Synchronizer Foundation (GSF) as its newest members. The additions to the GSF underscore the growing momentum and trust Canton Network fosters across the financial services industry.

These institutions’ collective commitment to participation in the GSF comes at a pivotal moment for the Canton Network, as the momentum behind tokenized assets grows and market leaders seek to unlock the potential of synchronized financial markets. Their inclusion reinforces the adoption of a decentralized financial infrastructure that prioritizes privacy, control, and seamless interoperability—a combination essential for regulated financial institutions.

“On behalf of the Global Synchronizer Foundation, I am pleased to welcome our new members and their valuable industry perspectives. Each of them contributes to strengthening the governance while ensuring the Global Synchronizer of the Canton Network remains an open, fair, and trusted blockchain infrastructure,” said Jorgen Ouaknine, GSF Chairperson and Global Head of Innovation & Digital Assets at Euroclear.

“Joining the Global Synchronizer Foundation aligns with our ongoing commitment to driving blockchain innovation in regulated financial markets,” said Mathew McDermott, Global Head of Goldman Sachs Digital Assets. “We are excited to be part of the GSF and look forward to contributing to the Canton Network’s growing ecosystem.”

“Our participation in the GSF highlights a significant step in our robust Digital Economy preparedness strategy,” said Fabian Astic, Managing Director and Global Head of Digital Economy at Moody’s Ratings. “This collaboration underscores our commitment to helping market participants understand the risks and opportunities of Digital Finance, and to meeting stakeholders where they are in their preferred digital channels. It also provides us with an opportunity to further engage with leading institutions working towards enhanced transparency, security, and scalability in the digital financial markets of the future.”

Decentralized Governance

The Global Synchronizer is a cornerstone of the Canton Network’s decentralized infrastructure, providing real-time synchronization and interoperability for regulated financial assets. Unlike traditional systems that rely on centralized governance and data silos, the Canton Network is governed by a community of participants, including financial institutions, fintech innovators, and service providers. This structure ensures that no single entity controls the network, enabling greater trust, resilience, and innovation.

As part of the GSF, Goldman Sachs, HKFMI, and Moody’s Ratings will play an important role in the ongoing governance and expansion of this decentralized ecosystem. The GSF is an independent U.S.-based entity composed of forward-thinking market participants dedicated to ensuring that the Global Synchronizer is governed transparently in a decentralized manner with organizational neutrality to maintain its integrity. The Linux Foundation supports the GSF under an open governance model that fosters trust and neutrality.

Driving Industry Innovation and Growth

With the new additions joining the ranks of more than 30 GSF participants, including Broadridge, Tradeweb, and Digital Asset, the Canton Network continues to build on its reputation as a market-leading infrastructure. The addition of these industry leaders reflects the accelerating demand for a decentralized public blockchain network with configurable privacy capable of handling the unique challenges of global capital markets.

About the Global Synchronizer Foundation

Global Synchronizer Foundation’s mission is to foster the development and growth of the Global Synchronizer in the Canton Network and facilitate its governance. The GSF provides transparency and member engagement in decisions made by the operators (Super Validators) of the Global Synchronizer to ensure a reliable, fair, and trusted service for the Canton Network. Blockchain applications in the Canton Network can use the Global Synchronizer to enable atomic transactions across sovereign blockchains without sacrificing privacy or control. Learn more at https://sync.global.

About Canton Network

The Canton Network is the only public blockchain in the financial industry with on-chain privacy essential to the seamless movement of assets and capital on decentralized open rails. With over $3.6 trillion in tokenized assets on-chain, its proven institutional-grade scale synchronizes previously siloed systems with the configurable privacy and controls required to unlock asset mobility across tradfi and crypto ecosystems. Launched in July 2024, the public infrastructure is governed by the Global Synchronizer Foundation and supported by the Linux Foundation to ensure organizational neutrality and foster innovation across the ecosystem.

Learn more at: www.canton.network

Arcium partners with CoinList to launch fully unlocked community round, empowering users from day one 1218

Arcium, a leader in encrypted computing, today announced its upcoming Community Round in collaboration with CoinList. This initiative gives participants the opportunity to take part in Arcium’s mission of enabling data to move across the internet in a fully encrypted state. Arcium is redefining core industries like blockchain, finance, healthcare, defense, AI, and more, by computing sensitive information without ever exposing it, unlocking a new era of privacy, security, and collaboration.

Empowering the community with a fair and transparent token launch

Historically, the combination of poorly structured vesting schedules and inflated valuation leads to the problem of “low float, high FDV”. Arcium takes a new approach, with the Community Round being 100% unlocked at the Token Generation Event (TGE). This ensures that the community—not VCs, early investors, or the team—holds immediate control over their tokens. Holders can fully participate in governance, contribute to the network, and stake their tokens from day one. Locked tokens will not be eligible for staking, reinforcing a fair and transparent launch structure.

Fair valuation and strong tokenomics

Arcium enables its community to become true stakeholders, fostering decentralization and security while engaging freely in the network’s growth.

“At Arcium, we believe that real innovation happens when the community has ownership from day one. By ensuring 100% unlock at TGE, we are giving our supporters the freedom to fully participate in governance, staking, and network growth. – Said Yannik Schrade, CEO at Arcium”.

A high initial token float ensures the Arcium Network can function effectively from the outset, empowering entirely new use cases across various verticals. The Arcium token is required for node activation, network security, and staking, making broad and immediate distribution essential to decentralizing control and preventing supply bottlenecks.

CoinList community round launch details

The Arcium Community Round will be live from March 24th to April 1st on CoinList. To participate, sign up for a CoinList account and learn more about the sale here: https://coinlist.co/arcium.

About Arcium

Arcium is an encrypted supercomputer that brings a trustless, verifiable, and efficient framework to run encrypted computations. Arcium provides developers, applications and entire industries with a trustless, verifiable, and efficient framework to run encrypted computations. With Arcium, the internet can use data to its full extent in an entirely encrypted state. Backed by investors such as Greenfield Capital, Coinbase Ventures, Heartcore Capital, Longhash VC, L2 Iterative Ventures and Anagram Arcium’s goal is to allow the entire internet to run on encryption.

About CoinList

CoinList helps the best builders in crypto launch and grow their products and protocols. Since 2017, CoinList has become the global leader in community growth, helping blue chip projects like Filecoin, Solana, Ondo, Near, Flow, and others launch their protocols and connect with hundreds of thousands of new token holders through more than $1.2 billion in token sales. With a global community of over 11M users, CoinList supports the full crypto lifecycle, from token sales through token distribution, trading, and staking. Learn more at www.coinlist.co.

Liquid Mercury and dVIN Labs Partner to Launch Investment-Grade Wine Trading Platform 1289

Liquid Mercury’s solution will power the global order book for trading tokenized wine on the dVIN Protocol

Liquid Mercury, a leading technology provider for digital asset marketplaces and crypto trading, announced today that it is entering into a strategic partnership with dVIN Labs (dVIN), a startup whose mission is to revolutionize the wine industry with blockchain-powered transparency and unified liquidity.

Leveraging data, decentralized physical infrastructure networks (DePIN), and real-world asset (RWA) tokenization, dVIN is solving authenticity, verification, and provenance challenges that have relegated wine investment to an inefficient, niche activity that appeals to the well-connected uber-wealthy. The launch of the new platform will unify liquidity that was previously fragmented and turn investment-grade wine into a scalable asset class with democratized tools and access for retail investors and institutions alike.

Using the same technology that powers crypto trading for professional traders, brokers, and exchanges, Liquid Mercury will provide a white-labeled platforms for dVIN channel partners to onboard individual investors, who can gain instant access to wine from their favorite winemakers and exclusive wines held at bonded warehouses around the world. The dVIN global order book powered by Liquid Mercury will aggregate regional marketplaces and utilize trading technology purpose-built for getting the best price for buyers and sellers.

“The $300 billion investment-grade wine market is ready to be exposed to new investors and to become a liquid, tradable asset,” said dVIN co-founder and co-CEO, David Garrett. “Our goal is to make investing in wine as easy as and efficient as investing in your favorite stock, cryptocurrency, or other favorite asset. We chose Liquid Mercury as our partner to create a liquid, global marketplace because our expertise in the wine market is matched by their team’s expertise in financial markets, laying the groundwork to unlock this exciting new digital asset class.”

“Liquid Mercury is thrilled to partner with dVIN to unlock wine as an investment and tradable asset to millions of new investors,” stated Liquid Mercury CEO, Tony Saliba. “Our thesis for real-world assets has been that investing in culture is a powerful secular trend, and we know our battle-tested technology can reliably power new digital marketplaces, so we see massive potential in this partnership.”

About Liquid Mercury

Liquid Mercury powers professional crypto trading and digital asset marketplaces. Liquid Mercury is the #1 choice for sophisticated buy-side and institutional sell-side trading professionals moving into crypto. Institutional grade infrastructure, access to deep liquidity, and best-in-class trading tools and workflow automation; Liquid Mercury was built by professionals for professionals. For more information about Liquid Mercury (ticker symbol $MERC), visit www.liquidmercury.com.

About dVIN Labs

dVIN Labs is the development team behind the dVIN protocol which is designed to leverage a combination of data, DePIN, DeFi, and tokenization to bring wine, a $1T real world asset class, on-chain. The dVIN Protocol leverages blockchain technology to solve issues around authenticity, anti-fraud, price transparency, unified liquidity, supply chain efficiency, business intelligence, brand loyalty and customer acquisition. To learn more about dVIN Labs and the dVIN Protocol (ticker symbol $VIN), users can visit: https://dvinlabs.com.

Shardeum Allocates 5.5 Million SHM to Community in Pre-Mainnet Airdrop 1322

Shardeum, a Layer 1 blockchain network with a growing global community, is preparing for its mainnet launch with a structured airdrop campaign aimed at early contributors. A total of 5.5 million SHM tokens will be distributed across 63,000 eligible wallets, making it one of the more extensive community-driven distributions in the space. The initiative is designed to acknowledge and reward participants who have engaged with Shardeum’s testnets since its inception.

The airdrop has been structured in two distinct phases, each catering to different groups of contributors:

  • Phase 1 recognizes the efforts of those who participated in the Liberty Alphanet and Sphinx Betanet from February 2022 to June 2024. A snapshot of these early adopters was taken on June 22, 2024, determining their eligibility for a total allocation of 3.3 million SHM.
  • Phase 2 focuses on those who engaged with Shardeum’s Atomium Incentivized Testnet (ITN) from June 2024 to March 2025, with a snapshot taken on March 1, 2025. Participants in this phase stand to receive a combined total of 2.1 million SHM.

Shardeum has outlined how tokens will be distributed among different types of contributors. Those involved in on-chain activities, such as executing transactions, interacting with smart contracts, and maintaining active participation during Phase 1 as well as being among the top performers in the Incentivized Testnet (ITN) quest platform will receive their share based on network interactions and engagement levels.

Validators, who have dedicated time and resources to running nodes, will be rewarded according to node hours, participation across network versions during Phase 1, and their overall contribution during the Incentivized Testnet quests to the network stability.

Off-chain contributors, including content creators, community moderators, and those involved in marketing efforts, are also recognized, with allocations based on factors such as consistency and impact.

Ensuring fairness in distribution, Shardeum has implemented a strict exclusion policy to prevent abuse and Sybil attacks. Wallets belonging to the Shardeum Foundation, its partners, and sanctioned entities have been disqualified from participation. Additionally, a multi-layered Sybil detection process has been put in place, leveraging advanced clustering algorithms and machine learning models to detect fraudulent activity across various blockchain networks.

Next Steps

For those eligible, registration for the airdrop is a straightforward process. Between March 14 and March 21, 2025, participants can visit the official airdrop registration page, connect their wallet, and verify their eligibility.

Upon successful registration, SHM tokens will be automatically allocated and distributed at the Token Generation Event (TGE). Those who miss the initial window but register between March 22 and April 13, 2025, will still receive their tokens, with a delayed distribution scheduled for June 2025.

While this airdrop marks a significant milestone, it represents just the beginning of Shardeum’s broader incentive initiatives. With over 19 million SHM allocated for future campaigns post-mainnet, the network aims to further support ecosystem growth and engagement. Additional incentive programs and reward mechanisms are expected as Shardeum continues to develop.

Shardeum has also issued a caution regarding potential scams and unofficial sources. Participants are advised to register only through the official airdrop portal and stay informed via Shardeum’s verified communication channels. As the mainnet launch approaches, the network continues to focus on ensuring a fair and transparent distribution process for its contributors.

About Shardeum

Shardeum is an autoscaling EVM-based layer-1 blockchain. Dynamic state sharding helps keep gas fees low and TPS high as participation grows. Shardeum performs consensus at the transaction level and lowers the computational power needed for validator nodes. This consensus mechanism makes it possible for anyone to run a node while increasing decentralization.