German crypto adoption is progressing through family offices and wealth managers, while the UK’s retail-facing cryptocurrency market remains “nascent,” according to the researcher. Cryptocurrency adoption is advancing in Germany, particularly among younger investors, while the UK is gradually falling behind, largely due to lagging regulations, according to CoinShares crypto researcher Luke Nolan. German cryptocurrency adoption is showing “very good progress” through “family offices, wealth managers, individual advisors” and younger generations looking to invest inherited wealth in digital assets, Nolan told Cointelegraph on the Chain Reaction show on Thursday. In contrast, the UK is “still very much behind,” said Nolan, adding that the country’s Financial Conduct Authority (FCA) only lifted its ban on crypto exchange-traded products less than a year ago, making its digital asset market “nascent.” The regulator previously banned these products from retail participants in January 2021. Read more
North Korea-linked hackers used Tron, Aptos and BNB Chain to maintain malware infrastructure, while suspected Iran-linked actors embedded directions in Bitcoin transactions. State-linked hackers accounted for roughly two-thirds of new activity each quarter as the number of times attackers stored malware instructions or infrastructure information on public blockchains rose 420% over the past 12 months, according to a Chainalysis report. Chainalysis identified North Korea and Iran-linked operators among the state actors adopting the technique. In one of the report’s findings, the analytics firm connected previously unattributed activity spanning Tron, Aptos and BNB Smart Chain (BSC) to UNC5342, a North Korea-linked group tracked by Google Threat Intelligence. Encoded pointers in Tron and Aptos transactions directed infected devices to the same BSC transaction, with Tron serving as the first route and Aptos as a fallback, Chainalysis reported. The BSC transaction contained encrypted server addresses and config...