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Crypto

Bithumb warns of malware disguised as fake AI auto-trading tools, launches September cybersecurity campaign

Bithumb said on Wednesday it is launching a September cybersecurity campaign to prevent malware infections disguised as AI auto-trading programs or investment analysis tools. It said scammers lure users with promises of high returns or loss-free automated trading and induce installation of unauthorised software containing malware. Infection can leak IDs, passwords, session cookies, API keys, and private wallet keys and seed phrases. Bithumb urged users to use official channels and avoid suspicious downloads.

Crypto

Alex Jones claim U.S. government could seize XRP in financial crisis sparks backlash

U.S. media figure Alex Jones has sparked controversy in the XRP community by claiming the U.S. government could control or seize privately held assets including XRP if a severe financial crisis hits. XRP investors and community figures rejected the claim, saying there is no established legal basis for a forced confiscation. They argued self-custodied wallets cannot be easily taken and said comparisons with 1933 gold restrictions are misplaced.

Crypto

Crypto recovery firm finds $10 in wallet said to hold 5,000 bitcoin

A cryptocurrency recovery firm asked to restore access to a wallet said to hold 5,000 bitcoin found assets worth only about $10, a case highlighting that recovery typically means restoring access to an existing wallet rather than retrieving coins from a blockchain. The report describes how missing seeds, passwords and passphrases affect recovery, when recovery is impossible, and why choosing a provider requires caution because seed phrases and private keys cannot be changed.