Here’s what happened in crypto today

At this time, in crypto, blockchain sleuth Taylor Monahan warns of a brand new faux job supply rip-off that may inject notably “nasty” malware, MicroStrategy’s Michael Saylor hints at one other Bitcoin buy, and the overall market capitalization of the memecoin ecosystem dropped almost 30% in December, shedding roughly $40 billion within the course of.

Crypto hackers take new spin on faux job rip-off, dropping ‘nasty’ malware

Crypto hackers have reportedly discovered a slick new way of tricking their victims into downloading “nasty” malware — which might grant hackers entry to a sufferer’s laptop and drain their wallets, or do different vital harm. 

According to blockchain sleuth Taylor Monahan, referred to as Tay on X — the hackers would first pose as a recruiter from a good crypto agency providing their goal a  $200,000 to $350,000 wage.

Nevertheless, as a substitute of engaging the goal to open a PDF containing malware, or getting a sufferer to download video-call software disguised as malware, the strategy includes having the sufferer comply with directions to repair a microphone and video entry difficulty to inject malware. 

Monahan mentioned the malware provides the attackers with “backdoor” entry to the sufferer’s gadgets and probably drain their crypto funds.

“In the end they’ll rekt you by way of no matter means are required,” she added, noting that the malware assaults work for the Mac, Windows and Linux working techniques.

Saylor hints at one other Bitcoin acquisition

MicroStrategy co-founder Michael Saylor hinted the corporate would acquire more Bitcoin (BTC) by posting the chart from the SaylorTracker web site to his followers on X.

The corporate lately accomplished the acquisition of 5,200 Bitcoin, at a median value of roughly $106,000 per coin, and referred to as a particular shareholders assembly in December 2024 to debate issuing extra shares to finance the acquisition of BTC.

Extra particularly, MicroStrategy desires to lift the restrict of Class A standard inventory from 330 million shares to 10.3 billion shares.

Moreover, the corporate seeks to lift the variety of most well-liked inventory from 5 million shares to over 1 billion shares — drawing blended reactions from the funding neighborhood.

Memecoins lose momentum as $40B misplaced in December

Memecoin’s general market capitalization dropped by about 30% from its all-time excessive in December, displaying a slowdown in momentum and demand for meme-based tokens.

CoinMarketCap knowledge reveals that on Dec. 1, the overall market cap for memecoins was $120.14 billion. It went as much as as excessive as $137.06 billion on Dec. 9 earlier than plummeting to a low of $92.67 billion on Dec. 23. This marks a 32.38% lower in market capitalization throughout the month.

On the time of writing, the general market cap for memecoins is $98.72 billion, 18% decrease than its efficiency at first of the month.