The Hidden Dangers of Telegram Mods on Google Play

The Hidden Dangers of Telegram Mods on Google Play

The Google Play Store, a hub for millions of apps, has been recently targeted by malicious Telegram clones, jeopardizing the security of thousands. These mods, eerily similar to the original and laden with spyware capabilities, pose a substantial threat to individual and business users alike.

Telegram, an encrypted messaging application, allows and encourages the development of “mods” – modified versions of the original software to enhance user experience. While most mods are developed with user benefits in mind, this openness has inadvertently given cybercriminals an opportunity to exploit unsuspecting users.

Masquerading as “faster” alternatives to the conventional Telegram app, these malignant clones have successfully eluded Google Play’s security measures. They predominantly target Chinese-speaking users, with app descriptions available in traditional Chinese, simplified Chinese, and the Uyghur language. A particular subset of these deceptive apps goes by “Paper Airplane,” which entices users with the promise of faster performance, attributing it to a global network of data centers.

The malevolent clones are distinguished from the genuine Telegram app by an embedded module – a powerful spyware that tracks all messenger activities, from collecting contacts to intercepting messages.

The staggering number of downloads – more than 60,000 – highlights the severity of the issue. The Uyghur-targeted version is especially alarming, considering the past surveillance and persecution faced by this ethnic minority by government agencies.

These revelations raise concerns for businesses, especially in light of the growth of mobile spyware and the vast personal and corporate data housed in smartphones. With businesses now leaning heavily on messenger apps for day-to-day communication, such findings serve as a stark reminder of the omnipresent cyber threats.

In response to these findings, Google initiated the removal of these deceptive Telegram clones from its store. Some of these apps had accumulated up to 10,000 downloads before their eventual removal. Nonetheless, concerns persist as not all versions of the malicious apps have been eradicated from the Play store.

Counterfeit apps have long been a staple in the hacker’s toolkit. Recent revelations exposed another scheme where hackers circulated bogus versions of Signal and Telegram through legitimate app stores to implant information-stealing malware. Another spyware-infused version of Telegram, labeled “FlyGram,” was identified on both Google Play and the Samsung Galaxy Store, as was a trojanized version of the Signal app, named Signal Plus Messenger.

Businesses, to safeguard their interests, are being advised to caution employees about the risks of third-party apps, even when sourced from reputed app stores. Users are encouraged to be vigilant, paying attention to details like the developer and negative user reviews, not just the app’s name.

7 Crypto News of the Week - Arzakhbar

7 Crypto News of the Week – Sep 28th Arzakhbar

1. SEC Delays Decision on ARK 21 Shares Bitcoin ETF to Next Year

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the spot Bitcoin exchange-traded fund (ETF) application of Ark/21Shares and GlobalX. The decision has been postponed for the third time, and the SEC now has until early 2024 to make a final decision. This delay is seen as the SEC’s continued reluctance to approve a spot bitcoin ETF. The delay has been attributed to various factors, including the likely federal government shutdown.

2. 95% of Celsius Creditors Vote to Accept Restructuring Plan

More than 95% of creditors across all eligible classes voted to accept the restructuring plan proposed by Celsius. This acceptance is seen as a major milestone in the context of the bankruptcy proceedings. The plan will see funds returned to the creditors and equity distributed through a new company. Confirmation hearings for the plan are scheduled to begin on October 2, 2023.

3. Ben Armstrong spends night in jail with prowling, simple assault charges

Crypto influencer Ben “BitBoy” Armstrong was arrested and spent a night in jail on charges of loitering and simple assault. He was taken into custody while livestreaming outside a former associate’s house. Armstrong was released on bail after about 8 hours in jail. He was charged with “loitering/prowling” and “simple assault by placing another in fear,” with a bond amount of $2,600 along with $40 of fees.

4. Curve Founder Michael Egorov Repays All Debt on Aave

Michael Egorov, the founder of Curve Finance, has deposited 68 million CRV tokens, worth $35 million, to settle his entire debt position on the DeFi lending platform Aave. After depositing CRV, Egorov converted 10.77 million crvUSD to tether (USDT) to repay all of the debt on Aave. CRV is currently trading at 53 cents, having risen by 3.48% in the past 24 hours.

In August, Egorov raised $42 million through over-the-counter (OTC) sales of CRV tokens to pay off $80 million of on-chain debt. This came after a market-wide tumble in asset prices which put Egorov’s CRV positions on DeFi lenders dangerously close to liquidation. In the event of liquidation, Aave would have had to sell the CRV put up as collateral to the open market, which would have had a cascading effect due to a lack of liquidity. Now, Egorov has 253.67 million CRV tokens ($132.52 million) in collateral and $42 million in debt across four DeFi lenders.

5. Arbitrum Odyssey Relaunched With The First Week’s Tasks Are Now Available In GMX

The Arbitrum Odyssey campaign has been relaunched, and the first week’s tasks are now available in GMX. The campaign’s first task, hosted on GMX, kicked off on September 26 and will run until October 1. Participants are invited to undertake activities such as leveraged trading on the GMX V2 market and sharing GMX referral links across various social media platforms

6. Taiwan Implements Stricter Regulations, Bans Unregistered Foreign Crypto Exchanges from Operating

Taiwan’s Financial Supervisory Commission (FSC) has introduced a set of stringent rules, effectively banning unregistered foreign cryptocurrency exchanges from operating within the country. This action occurs as part of Taiwan’s commitment to enhancing investor protection and promoting responsible practices within the crypto industry. Foreign cryptocurrency firms seeking to operate in Taiwan or serve Taiwanese customers must always register with the regulator and demonstrate their adherence to anti-money laundering regulations.

7. Chinese Tech Giant Tencent Joins CBDC Interoperability Pilot

China’s Tencent, the operator of the WeChat and WeChat Pay platforms, will join central bank-led digital yuan and CBDC interoperability pilots. WeChatPay, along with its rival Alipay, has cornered some 15% of the Chinese payments market. But in recent years, Tencent has moved to align with the People’s Bank of China (PBoC)’s CBDC adoption drive.

Shibaverse VERSE

Shibaverse VERSE

Shibaverse begins

Shibainu released Shib the Metaverse on March 2023. The SXSW Festival and Conference in Austin, Texas, was a debutante affair for Shiba Inu, as the MemeFi project on Ethereum was holding the grand premiere of “Shib the Metaverse” at the major tech, film and music gathering. The actual presentations of the 4-minute-long Shib the Metaverse XR Experience took place on March. The inclusion of Shiba in SXSW was a major opportunity for the Web3 project to connect with the mass Web2 and mainstream tech crowd, as well as SXSW attendees who were interested in music, film and culture.

Shibaverse is a Metaverse

Shibaverse is a Metaverse aiming to be a decentralized, digital world on blockchain, bringing features such as virtual reality, digital real estate, NFTs, Play2Earn (GameFi), freelance jobs, and interactive aspects all into one sleek and captivating environment. VERSE is the native utility ERC20 token that is used for purchasing new real estates and other nft assets, participating in pay2earn features. However this VERSE token is not this VERSE token!

Shiba Inu Metaverse Tokenomics

Shibaverse is entirely a community-based ERC20 project, and for that reason, 100% of the 1,000,000,000 circulating VERSE supply goes to the community. 80% of the supply (800,000,000) is within the supply to decentralized exchanges (ShibaSwap & UniSwap) for liquidity. The other 20% (200,000,000) is reserved for Shiba ecosystem users (distributed in the form of airdrops in Q1 2022) VERSE stakers and rewards for the initial ShibaVerse platform users.

Shibaverse Promises

The metaverse could be a multitrillion-dollar market within the next decade or so, which means there are loads of opportunities for cryptocurrencies to get involved. Shiba Inu has recently announced that it’s entering the metaverse – could that be the push it needs to soar yet again?

Goldman Sachs made waves recently when it pronounced that the entire metaverse space entails an addressable market potential of around $8 trillion. This means that the metaverse-related initiatives are expected to create value that is around one-third of the current GDP of the US! It is for this reason that Shiba Inu’s bespoke metaverse offering might constitute a seminal step.

Final Thoughts

In conclusion, Shibaverse token has a lot of potential as an investment opportunity. With its strong community backing and its entry into the rapidly growing metaverse market, it could be a smart move for investors to keep an eye on this project. However, as with any investment, it’s important to do your own research and assess the risks before making any decisions.

What happened to Grayscale bitcoin ETF?

What happened to Grayscale Bitcoin ETF?

Grayscale Investments, a leading crypto investment firm, recently landed a huge victory in its legal tussle with the Securities and Exchange Commission (SEC) over its proposed Grayscale ETF. A federal appeals court ruled in favor of Grayscale and compelled the SEC to reevaluate its earlier denial of Grayscale’s proposal to convert its Bitcoin Trust, called GBTC, into an ETF. This judgement has sent ripples across the crypto industry, leading to an immediate surge in Bitcoin prices and offering hope for the approval of spot bitcoin ETFs in the U.S.

The legal conflict was initiated when the SEC blocked Grayscale’s attempt to convert its Bitcoin Trust into a Grayscale ETF. Grayscale retaliated by suing the SEC in June 2022, arguing that the SEC had acted arbitrarily in approving ETFs investing in bitcoin futures contracts while rejecting products that aimed to hold bitcoin directly. The three-judge panel of the DC Circuit Court of Appeals sided with Grayscale, ruling that the SEC must review its rejection of Grayscale’s proposal.

The court’s decision signals a monumental step forward for American investors and the wider bitcoin ecosystem. The ruling also raises the prospects of other asset managers winning approval for their products. Following the court’s decision, bitcoin prices rose by more than 5%, exceeding $27,000. This price surge underlines the market’s anticipation and the significant impact such a decision holds.

However, despite this victory for Grayscale, the crypto market isn’t tossing confetti just yet. While some tout this victory as the “next big thing” for the digital currency landscape, the market’s lukewarm response and a mere 7% uptick in Bitcoin’s price post-ruling paint a different story.

The SEC has long been skeptical about approving spot bitcoin ETFs, citing concerns over market manipulation. However, the court’s decision could compel the SEC to reassess its stance, potentially opening the doors for a spot bitcoin ETF in the U.S.

7 Crypto News of the Week - Arzakhbar

7 Crypto News of the Week – Sep 1st Arzakhbar

Here is a brief explanation of the 7 most recent news in the crypto market:

What happened to Grayscale bitcoin ETF?

Grayscale Investments, a leading crypto investment firm, recently landed a huge victory in its legal tussle with the Securities and Exchange Commission (SEC). A federal appeals court ruled in favor of Grayscale and compelled the SEC to reevaluate its earlier denial of Grayscale’s proposal to convert its Bitcoin Trust, called GBTC, into an ETF. This judgement has sent ripples across the crypto industry, leading to an immediate surge in Bitcoin prices and offering hope for the approval of spot bitcoin ETFs in the U.S. However, Grayscale Investments CEO, Michael Sonnenshein, has expressed uncertainty about whether the company needs to refile its application with the United States Securities and Exchange Commission (SEC) to convert its GBTC product into a spot bitcoin ETF.

Three Altcoins That Could Crash in September

August was a busy month for the entire crypto market, with Bitcoin and Ethereum struggling to maintain a stable price. However Rollbit Coin (RLB), XDC Network (XDC) and TON showed up as possible losers of September.

Bitcoin Price Prediction: ETF Likelihood Rises; Robinhood Integration Curbs BTC Losses

Bitcoin maintained a trading level of $27,280 on Thursday, experiencing a slight decrease of less than 1%. The market’s momentum shifted due to a Robinhood integration.

Bitcoin Lightning Network Based Liquid Staking Protocol Stroom Network Raises $3.5M in Seed Round

Stroom Network, a Bitcoin Lightning Network based liquid staking protocol, has raised $3.5M in a seed round led by Greenfield, with participation from Lemniscap, No Limit Holdings, Cogitent Ventures, and others.

Chiliz Price Prediction 2023, 2024, 2025: Will CHZ Claim $0.1 Price Tag This Year?

Chiliz could claim a $0.1 price tag this year.

AMP Price Prediction 2023-2032: Is AMP a Good Investment?

AMP’s potential as an investment and provides price predictions for the years 2023-2032. AMP seeks to enable users to stake tokens without having to transfer them to a smart contract physically.

Binance to Delist BETH Trading Pairs, Shifts Focus to WBETH

Binance is delisting BETH trading pairs and adding WBETH to Simple Earn Flexible Products and Loans to improve staking services and user utility.