According to ShibDaily, a sophisticated phishing scam has emerged, targeting Web3 users by exploiting Google Ads to deceive cryptocurrency enthusiasts. Initially focusing on Pudgy Penguins NFT users, the scam highlights vulnerabilities in trusted ad networks and poses a broader threat to the crypto community. The scam was uncovered by ScamSniffer after a user reported being redirected to a fake Pudgy Penguins website via a Singapore news site. Security researchers traced the issue to malicious advertisements hosted on the Adloox tracking domain, distributed through Google Ads. These ads contained harmful scripts designed to target Web3 wallet users. The malicious code scans browsers for Web3 wallets and redirects users to fraudulent sites like 'pudqypenguin[.]com' to steal wallet credentials. Although Pudgy Penguins users are the primary targets, researchers warn that the technique could easily be adapted to attack other NFT and crypto projects. Further investigation revealed that the scam exploits vulnerabilities in websites using Prebid.js, a popular header bidding library. If these sites utilize the Adloox analytics module, they risk inadvertently running malicious scripts through their ads, potentially leading to malware infections. In response to the discovery, security researcher ZachXBT promptly alerted Adloox, resulting in the removal of the malicious JavaScript files from its content delivery network (CDN). To protect against such attacks, experts advise Web3 users to implement ad blockers, verify website URLs, and use separate browsers for cryptocurrency-related activities. Tools like ScamSniffer can help detect and prevent phishing attempts. As the crypto world continues to grow, users must remain vigilant against evolving threats, not just in the United States but globally. Recently, French regulators have become more combative against rising crypto scams, which a study revealed cost victims €500 million annually in the country alone. Scammers reportedly use social media, impersonation, and AI to promote fake investments. French authorities have blacklisted 5,000 platforms and blocked 350 sites so far.

According to Cointelegraph, James Howells, an IT engineer from Newport, Wales, is embroiled in a significant legal battle to retrieve a hard drive containing private keys to 8,000 Bitcoin, valued at approximately $773 million. The drive, which was accidentally discarded in a landfill, holds Bitcoin from 2009, representing a substantial fortune from the early days of the cryptocurrency market. However, access to the landfill is currently restricted by the Newport City Council due to environmental regulations. In an exclusive interview, Howells revealed that the legal proceedings are ongoing, supported by a top-tier legal team and advanced artificial intelligence technology trained in UK law. Despite the Bitcoin being discarded in 2013, Howells remains hopeful about recovering the lost BTC. He plans to compensate stakeholders, contribute to the crypto community, and potentially reinvest in blockchain projects if successful. Howells has assembled a formidable legal team, including a King’s Counsel, senior barristers, and a support team of solicitors and paralegals, to argue his case. His goal is to gain access to the landfill site and retrieve the hard drive while adhering to legal and environmental regulations. To bolster his efforts, Howells has employed advanced AI to identify relevant legal precedents, such as the case of Target Holdings Ltd v Redferns [1996] AC 421, which ruled that 'equitable compensation' could be awarded for a breach of constructive trust when returning the original property was not possible. Should Howells succeed in retrieving the hard drive, he plans to secure the holdings and compensate various stakeholders, including fulfilling any pledges made to the local community. He holds a strong belief in Bitcoin's value as 'digital gold' and Bitcoin Cash as 'digital cash' for spending, while expressing skepticism about the long-term viability of other cryptocurrencies like Ether and Solana. As a legal owner, he contemplates 'tokenizing' and using the 8,000 coins in his HDD wallet as a burn address or 'vault' to provide verifiable backing for some crypto venture. Even if his recovery efforts fail, Howells intends to remain active in the crypto space, shifting his focus to supporting, investing in, and potentially launching his blockchain technologies. Over the past decade, Howells has attempted negotiations with the Newport City Council, but has faced refusals for permission to search for the hard drive and to meet with council leaders in person. The council issued a statement on October 11, stating that excavation is not possible under its environmental permit due to the potential negative environmental impact. Despite this, Howells alleges that the council has breached environmental regulations in recent years, supported by '100 independently verified evidence,' claiming the council has been leeching harmful substances into the local environment.

The French Financial Markets Authority (AMF) reports that cryptocurrency-related scams are the main reason for victims to lose around €500 million each year. French authorities are working with the Paris Public Prosecutor's Office, the Audit and Settlement Supervision Authority (ACPR) and the General Directorate for Anti-Fraud, Consumption and Suppression of Fraud (DGCCRF) to step up efforts to combat these frauds. Data shows that men under the age of 35 are particularly susceptible. They are eager for quick success and have little confidence in their investment knowledge. Scammers use social media platforms to take advantage of this population by promising unrealistic returns. (Cryptonews)

According to CoinDesk, the CoinDesk 20 Index experienced a notable decline, with all assets trading lower as of the latest market update. The index, which provides a comprehensive overview of the performance of leading cryptocurrencies, was recorded at 3333.82, marking a 5.0% decrease, equivalent to a drop of 176.57 points since 4 pm ET on Wednesday. Among the assets tracked by the CoinDesk 20, none showed an upward trend, highlighting a challenging period for the cryptocurrency market. Ethereum (ETH) and Bitcoin (BTC), two of the most prominent cryptocurrencies, both saw a decrease of 3.7%. These declines underscore the broader market trend, as investors navigate the current volatility. On the other hand, Hedera (HBAR) and Aptos (APT) emerged as the most significant laggards within the index. HBAR experienced a sharp decline of 8.2%, while APT fell by 7.4%. These figures reflect the broader downturn affecting the cryptocurrency sector, as market participants assess the ongoing developments and their potential impact on digital asset valuations. The CoinDesk 20 Index serves as a broad-based measure of the cryptocurrency market, encompassing a diverse range of assets traded on multiple platforms across various regions worldwide. This comprehensive approach provides valuable insights into the overall market dynamics, offering a snapshot of the performance of leading cryptocurrencies in real-time.

OKX market shows that BTC rebounded and broke through 96,000 USDT, and is now at 96,022.7 USDT, with the 24-hour decline narrowed to 2.44%. (This newsletter is generated by AI)

Will SHIB survive? Death cross forms over Shiba Inu's price source: https://u.today/shiba-inu-shib-on-verge-of-death-cross-possible-scenarios

A Beverly Hills man is facing six counts of cryptocurrency crimes, which resulted in investors losing over $22 million worth of cryptocurrency. The 23-year-old Gabriel Hay allegedly connived with another fellow – Gavin Mayo of Thousand Oaks, also 23 years of age, to perpetrate a scheme that defrauded investors of their monies. This represents one […] source: https://www.cryptopolitan.com/beverly-hills-man-in-6-counts-of-crypto-scam/

According to official news, Swiss Bitcoin self-custody application Relai announced that it has increased its holdings by 13 BTC.

The post KULR Technology Purchases $21 Million in Bitcoin As Part Of Its Treasury Strategy appeared first on Coinpedia Fintech News In the latest development today,  KULR Technology Group, a leader in advanced energy management platforms, has announced that it has completed the purchase of 217.18 Bitcoins. As per its official press release, the purchase was made for approximately $21 million,... source: https://coinpedia.org/news/kulr-technology-purchases-21-million-in-bitcoin/

According to Odaily, OpenAI CEO Sam Altman is considering transforming the AI development company from a non-profit to a for-profit entity, with Microsoft posing the biggest challenge in this transition. Microsoft has a significant influence in this process, having committed over $13 billion to OpenAI. Since October of last year, the two companies have been negotiating potential changes to OpenAI's structure, focusing on four main areas: Microsoft's equity in the for-profit entity, whether Microsoft will remain OpenAI's exclusive cloud service provider, the duration of Microsoft's rights to use OpenAI's intellectual property for its products, and whether Microsoft will continue to take 20% of OpenAI's revenue. These details come from individuals familiar with discussions with Altman. It remains unclear when OpenAI and Microsoft plan to complete this process, but both parties are moving quickly and face time constraints. If OpenAI fails to complete the transition within the next two years, recent investors could reclaim their funds, along with 9% interest, totaling approximately $7.2 billion. Company leadership has informed employees that OpenAI intends to repurchase some of their shares after the transition to profitability, giving employees a strong incentive to expedite this change.

Coingecko released a report showing that the crypto narrative in 2024 presents a diverse and rapidly changing landscape, with Meme coins and AI narratives becoming the biggest winners.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

Looking ahead to 2025, what events in the Ethereum ecosystem are worthy of users' attention?

On November 5, 2024, Trump successfully won the US election. This result marks that the United States is about to usher in an economic transformation led by traditional industries and decentralized finance.

From "nobody" to "Binance supported", and then to creating trillion-dollar opportunities, how PENDLE makes DeFi shine again.

Crypto market, BTC, Review of the "gains and losses" of the crypto market in 2024 Where is the road in 2025? Golden Finance, 2024 is undoubtedly an important year in the history of crypto.

Recommended readings tonight: 1. Spore.fun: AI version of "Love, Death and Robots"; 2. Kaiko Research: Defining the crypto space in 2024 with 10 charts; 3. De-banking: Personal insights;

Recently, several users on X reported a phishing attack disguised as a Zoom meeting link. One of the victims installed malware after clicking on the malicious Zoom meeting link, resulting in the theft of crypto assets and losses of millions of dollars.

Banking, long considered a neutral utility, has become a battleground for cultural, political and economic conflict. The question we must ask is: when financial access is weaponized, who decides who can participate in the modern economy?

The on-chain AI agent version of "Love, Death and Robots", where the selection pressure comes from the attention and money of crypto users.