Self-Spreading Malware Discovered in Privacy Cryptocurrency Dero
Key developments in cryptocurrency for the week include:
- MetaMask integrates Solana: Users can now transact on Solana through MetaMask's desktop wallet, with mobile integration expected soon.
- Dero malware attack: A new Linux malware targets unsecured Docker infrastructures to mine Dero, leveraging exposed APIs worldwide.
- FIFA partners with Avalanche: FIFA plans to create a dedicated layer-1 blockchain using Avalanche technology, following previous NFT ventures.
- Square tests Bitcoin payments: Square is piloting real-time Bitcoin payments at an event in Vegas, aiming for broader availability by 2026, pending regulation.
Market Updates
- Bitcoin shows signs of weakness near $108,900, potentially signaling a reversal in its upward trend.
- The SEC reviews the WisdomTree XRP Trust, which could lead to the first U.S. spot XRP ETF if approved.
Regulatory News
- The U.S. Senate advances the GENIUS Act, a stablecoin bill, towards final voting after a challenging legislative process.
- A suspect in the kidnapping and torture of a cryptocurrency investor has surrendered to New York police.
Upcoming Events
- May 27-29: Bitcoin 2025, Las Vegas
- May 27-29: ETHPrague, Prague
- June 8-22: Berlin Blockchain Week, Berlin
- June 24-26: Permissionless, Brooklyn
- June 30-July 3: EthCC, Cannes
- July 16-18: Web3 Summit, Berlin
- Sept. 22-28: Korea Blockchain Week, Seoul
- Oct. 1-2: Token2049, Singapore
- Nov. 17-22: Devconnect, Buenos Aires
- Dec. 11-13: Solana Breakpoint, Abu Dhabi
- Feb. 10-12, 2026: Consensus, Hong Kong
- May 5-7, 2026: Consensus, Miami