According to @timnitGebru, the cryptocurrency sector faces significant security and regulatory pressures. A North Korean hacking group, Famous Chollima, is actively targeting crypto professionals with malware hidden in fake job applications impersonating firms like Coinbase and Uniswap, as reported by Cisco Talos. This Python-based malware, PylangGhost, is designed to steal credentials and wallet data from over 80 extensions, including MetaMask and Phantom, creating a direct threat to user assets. Concurrently, the U.S. Department of Justice has seized $225 million in crypto linked to 'pig butchering' scams. Former U.S. Attorney Phil Selden described this as a 'tone-setting case' demonstrating the DOJ's commitment to protecting victims and recovering funds, even before arrests are made. These developments unfold as major assets like Ethereum (ETH), priced around $2,549, and Chainlink (LINK), at $13.32, experience downward price pressure, highlighting market sensitivity to security breaches and enforcement actions.

According to @zachxbt, a North Korean hacking group known as Famous Chollima is deploying a new Python-based malware called PylangGhost through fake job applications impersonating top firms like Coinbase and Robinhood. This remote access trojan (RAT) is designed to steal credentials and wallet data from over 80 browser extensions, including MetaMask and Phantom, by tricking applicants into running malicious commands. The analysis highlights that the primary vulnerability in Web3 is not smart contract code but poor operational security (OPSEC), such as inadequate key management and a lack of contributor vetting. This operational negligence in DeFi contrasts sharply with the mature, layered security culture of traditional finance (TradFi). Despite these significant security threats, market data shows major assets trading higher, with ETHUSDT up 6.285% and SOLUSDT up 4.172% in the last 24 hours, suggesting the market may be underpricing these systemic risks.

According to @phantom, traders should be on high alert due to escalating security threats. A recent front-end exploit on a major crypto media website and a similar attack on CoinMarketCap used fake airdrop pop-ups to deploy wallet drainers, tricking users into connecting their wallets. Simultaneously, researchers at Cisco Talos report that a North Korean hacking group, Famous Chollima, is targeting crypto professionals with new Python-based malware called PylangGhost. The attackers use fake job applications from prominent firms like Coinbase and Uniswap to distribute the malware, which is designed to steal credentials and data from over 80 browser extensions, including MetaMask and Phantom wallets. These security risks are unfolding as the market sees a downturn, with Ethereum (ETH) trading at approximately $2405, down 3.6%, and Chainlink (LINK) at $12.84, down 3.45% over the last 24 hours, based on provided market data.

According to Lookonchain, North Korean hackers experienced a significant financial loss after attempting a long position on Ethereum (ETH) using the Hyperliquid platform. They deposited $476,489 in USDC to go long on ETH at a price of $3,791.8. However, the market moved against them, leading to the liquidation of their position when the ETH price dropped to $3,251.8. This resulted in a substantial loss of $458,000, leaving them with only $18,187.

According to Lookonchain, North Korean hackers experienced a significant financial loss on the Hyperliquid platform. They invested $476,489 USDC to go long on Ethereum (ETH) at a price of $3,791.8. However, due to a price drop to $3,251.8, their position was liquidated, resulting in a drastic loss of $458,000, leaving them with only $18,187.