North Korea and Iran account for the majority of onchain malware, while Malaysia has been named among the most crypto curious Islamic nations. North Korean and Iran linked hackers were responsible for the majority of the 420% increase this year in malware on public blockchains according to a Chainalysis report. State-linked hackers accounted for roughly two-thirds of new activity whereby attackers stored malware instructions or infrastructure information on public blockchains. Chainalysis also identified UNC5342, a North Korea linked group, to previously unattributed activity spanning Tron, Aptos and BNB Smart Chain. Read more
The US regulator’s move could make it easier for crypto wallets and other apps to offer access to regulated derivatives and prediction markets without registering as introducing brokers. The Commodity Futures Trading Commission (CFTC) has expanded regulatory relief for “passive software” providers that connect users to regulated derivatives firms and exchanges. In a no-action position issued Thursday, the agency’s Market Participants Division said it would not recommend enforcement against qualifying providers or their personnel for failing to register as introducing brokers or associated persons when facilitating trading with CFTC-registered firms and exchanges. The position could make it easier for crypto wallets and other apps to offer access to regulated derivatives, including perpetual contracts and prediction markets, without becoming CFTC-regulated introducing brokers themselves. Read more