Hunt – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Fri, 22 Aug 2025 03:13:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.9 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Hunt – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 TRM Labs Launches Beacon Network to Hunt Down Stolen Crypto https://earlybirdsinvest.com/trm-labs-launches-beacon-network-to-hunt-down-stolen-crypto/ https://earlybirdsinvest.com/trm-labs-launches-beacon-network-to-hunt-down-stolen-crypto/#respond Fri, 22 Aug 2025 03:13:30 +0000 https://earlybirdsinvest.com/trm-labs-launches-beacon-network-to-hunt-down-stolen-crypto/

TRM Labs has announced the launch of the Beacon Network, a system built to help exchanges, payment firms, and authorities trace and freeze stolen digital assets.

The company describes it as a new level of cooperation across industries that aims to cut off exit routes for funds linked to crime.

Since the start of 2023, TRM Labs estimates that at least $47 billion has flowed into addresses tied to fraud. In many cases, money is moved so quickly that by the time law enforcement responds, the funds are already dispersed.

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The Beacon Network is meant to close this gap. Verified members can flag suspicious wallets, follow transactions across chains, and share the data with services and agencies. If flagged assets hit a participating exchange or platform, an alert is sent automatically.

The founding group includes Coinbase



$1.94B

, Binance



$8.18B

, Kraken



$405.39M

, Robinhood, PayPal, Anchorage Digital, and Ripple. Independent researchers such as ZachXBT and the Security Alliance (SEAL) are also part of the effort.

TRM Labs added that law enforcement bodies worldwide are contributing by providing information on addresses linked to serious threats.

Beacon Network is already active and has helped track funds in cybercrime cases. The network’s focus includes blocking operations tied to North Korean IT groups targeting crypto firms, disrupting scams and hacking campaigns, preventing terrorist financing, and returning stolen assets to victims.

Recently, SoFi Technologies announced plans to launch a Bitcoin Lightning and UMA-powered transfer service. How does it work? Read the full story.


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SparkKitty Malware Targets Photo Galleries to Hunt Crypto Seed Phrase https://earlybirdsinvest.com/sparkkitty-malware-targets-photo-galleries-to-hunt-crypto-seed-phrase/ https://earlybirdsinvest.com/sparkkitty-malware-targets-photo-galleries-to-hunt-crypto-seed-phrase/#respond Tue, 24 Jun 2025 10:54:04 +0000 https://earlybirdsinvest.com/sparkkitty-malware-targets-photo-galleries-to-hunt-crypto-seed-phrase/

A new type of malware, called SparkKitty, is being used to collect photos from mobile devices to find screenshots of cryptocurrency seed phrases.

The discovery was made by Kaspersky researchers Sergey Puzan and Dmitry Kalinin, who explained that SparkKitty is able to infect both iPhones and Android phones by hiding inside apps available on official app stores.

According to a June 23 report, the malware has been found in several apps, including one called 币coin on the Apple App Store and another named SOEX on Google Play.

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The first claimed to be a crypto tracking tool, while the second combined messaging with exchange features. SOEX had been downloaded over 10,000 times before Kaspersky alerted Google, which then removed it from the store.

Once installed, SparkKitty copies all images from a device’s gallery without checking their contents. While the main goal seems to be finding wallet recovery phrases, the attackers could also get access to other private information stored in those pictures.

According to Kaspersky’s research, the malware mostly affects users in Southeast Asia and China. Many of the infected apps were written in Chinese and designed to appeal to users in that region.

However, the researchers noted that SparkKitty is capable of spreading to other parts of the world, as it does not include any regional limits in its design.

On June 9, Kaspersky reported that a hacker group known as Librarian Ghouls had taken control of hundreds of computers in Russia to secretly mine cryptocurrency. How? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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