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Bad actors and unethical hackers have continued to strengthen their grounds over technology with back-to-back developing and deploying malware and viruses that help them gain unauthorized access to people’s people’s people’s information.
Most recently, Microsoft, one of the biggest technology-based companies, announced that it had discovered a malicious package that targeted cryptocurrency users. The discovered remote access trojan is reported to have stolen the credentials and information of the digital asset holders through their web browsers, clipboards, and others.
Hackers developing sophisticated malware to trouble crypto users
The team of Microsoft said that it 1st found StilachiRAT, a malware, in November 2024, and also noted that this remote access trojan is a data and information stealing malware.
With the help of this malware, the malicious actors were stealing crypto wallet data by scanning device settings, and worth noting is the list of wallets that these masterminds could target includes Coinbase Wallet, Trust Wallet, MetaMask, and a few others.
Microsoft said in the report, “ Analysis of the StilachiRAT’s WWStartupCtrl64.dll module that contains the RAT capabilities revealed the use of various methods to steal information from the target system, such as credentials stored in the browser, digital wallet information, data stored in the clipboard, as well as system information.”
Also added, “ StilachiRAT gathers extensive system information, including OS details, device identifiers, BIOS serial numbers, and camera presence. Information is collected through the Component Object Model (COM) Web-based Enterprise Management (WBEM) interfaces using WMI Query Language (WQL).”
Over the past few years, a growth in the number of hacks and digital breaches has been observed, and every year, hackers wipe out over a billion from the market.
Top 5 crypto hacks and their types
The hack of Bybit in the year 2025 is termed one of the biggest hacks in cryptocurrency history, with the Ronin Bridge hack, which resulted in losses of around $600 million, and the hack of Poly Network.
It is worth noting that the now-bankrupt FTX lost around $600 million in a hack in 2022; Binance and BitMart were also hacked for a significant amount of funds.
Over time, wallet, bridge, and exchange hacks have become quite common, with phishing and other types troubling the market on the verge.
Kaspersky suggested in order to avoid getting scammed, a crypto investor should get a cold wallet, use a VPN, opt for multi-factor authentication, and secure seed words.
Crypto market price updates
Until publishing, the crypto market cap was $2.72 trillion with a loss of 10% in the past seven days and the fear and greed index is at 25, reflecting a slight recovery compared to prior sessions.
Bitcoin is still below the mark of $85k and is exchanging hands at $83,279, with a monthly decline of 9%, and is currently below its 50, 100, and 200-day exponential moving average.
According to data from CoinMarketCap, the intraday gainer’s list has been ruled by PanCakeSwap, OKB, Cosmos, Tron, and Solana; at the same time, the losers are PI, Berachain and Shiba Inu.
