TikTok – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 24 Aug 2025 22:01:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 TikTok – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Matcha and Clairo: What is the “performative male” trend on TikTok? https://earlybirdsinvest.com/matcha-and-clairo-what-is-the-performative-male-trend-on-tiktok/ https://earlybirdsinvest.com/matcha-and-clairo-what-is-the-performative-male-trend-on-tiktok/#respond Sun, 24 Aug 2025 22:01:29 +0000 https://earlybirdsinvest.com/matcha-and-clairo-what-is-the-performative-male-trend-on-tiktok/

If you live in a major city, you might have seen what looks like a hipster drag show playing out in a park or on a sidewalk recently: a parade of young men strutting with tote bags, holding up feminist literature, and showing off their newly purchased vinyls.

That guess wouldn’t be totally wrong. Over the past month, Gen Z has been holding public contests all over the country, and even internationally, awarding the best impressions of a “performative male,” the latest meme taking off on TikTok.

The slang is a bit misleading. A “performative male” doesn’t perform traditional masculinity à la a “gym bro.” Rather, he’s curated a notably alt, intellectual, and, in Gen Z terms, “soft” aesthetic, often with the purpose of attracting progressive women. Other markers of a “performative male” include drinking matcha, reading bell hooks, listening to women singer-songwriters, and carrying emergency tampons. Think Jacob Elordi when he was photographed with three different books on his person, or Paul Mescal publicly admiring Mitski.

The trend seems to be largely in good fun, poking fun at men who do, in fact, genuinely like matcha and Mitski. It’s partially inspired by the slew of celebrity lookalike contests last year that highlighted people’s enjoyment of dressing up in silly costumes, as well as their desire for a public square. As Seattle’s “performative male” contest winner, Malik Marcus Jernigan, told me, most of the men participating, including himself, casually embody the joke.

“My friend had sent me the flyer saying I had a good chance at winning, so I decided to participate to make them proud,” says Jernigan, a 24-year-old musician. “I feel as if for the most part it is either ‘performative males’ poking fun at themselves or women poking fun at them online — all lighthearted in nature.”

But there’s also a darker interpretation: Maybe these men are not what they seem, and perhaps their tastes and behaviors are all a deception. The “performative male” has joined a group of suspicious masculine archetypes that came before it, like the two-faced “wife guy” and toxic “male manipulator.”

So how did these signifiers of a “performative male” come to fall under suspicion? Should you really be worried about dating a man who listens to Clairo? Is it so bad to be “performative,” when gender is inherently a performance?

How the internet’s nicest guys came to be suspect

From “hipsters” to “soft boys” to its more derogatory offshoot, “cuckboi,” the internet has long questioned the integrity of this genre of men who eschew traditional representations of masculinity, either through their personal style or consumption habits.

In the age of TikTok, the average person, even one who doesn’t live in Bushwick, has become a lot more familiar with men who embrace a sense of freedom around gender. According to Jordan Foster, assistant professor of sociology at MacEwan University, the app has given average men a “historically novel public visibility, making a significant difference to their public presentation and also their ability to play with their gender presentation.”

Still, this exposure to and wider acceptance of this genre of men hasn’t exactly made us less confused about them. On the one hand, they’re often assumed to be emotionally intelligent and “unproblematic,” politically progressive if not outrightly feminist. But is it really all an act?

It seems like the internet is caught in a perpetual cycle of glorifying and later questioning the integrity of these men whenever they gain publicity. Pop singer Harry Styles, for example, was once lauded for dancing with men in his music videos and wearing feminine articles of clothing. For a time, though, he also faced charges of “queer-baiting,” a term to describe the appropriation of queer aesthetics by straight, cis men for their own personal and professional advantage.

Foster finds that skepticism around men who don these aesthetics is partly a conversation around privilege. “The critique is that men are reaping the sort of social and symbolic set of rewards for participating in these feminized and sometimes queer aesthetics without bearing any of the costs that have typically circled around queer and marginalized men or women,” Foster says.

Styles wearing a sparkly red jacket and no shirt onstage

Harry Styles performing at the BRIT Awards on February 11, 2023.
Gareth Cattermole/Getty Images

In his study on “radical” masculinities on TikTok, Foster found that the men who feel comfortable wearing dresses or drinking matchas are often men who already possess “masculine capital” — i.e., they’re cisgender, white, conventionally attractive, middle or upper class — allowing them to dabble in these aesthetics more securely. He adds that these “softboy” signifiers often have the reverse effect of “focalizing their conventional attractiveness.” Take, for example, Styles wearing a pink fringe vest that displays his six-pack abs, or actor Jeremy Allen White wearing tiny shorts that show off his muscular quads.

It isn’t just that these signifiers seem strategic or shallow, but rather, they can read as misleading. The MeToo movement showed us that even supposed “nice guys” could be capable of alleged manipulation and abuse — that in fact, they could use their enlightenment as a kind of shield. Now, the kind of guy who goes to therapy while also treating his partner badly has become flattened into a starter-pack-style meme. And the faux-enlightened man has become a frequent observation in pop culture.

In what could be read as an effort to rehabilitate his image following allegations of domestic abuse from his ex-wife Angelina Jolie, Brad Pitt has taken on a more gender-fluid approach to fashion. Before actor Jonathan Majors received two misdemeanor charges in a domestic-violence case last year, he did a viral magazine shoot wearing all pink and discussed how his idea of masculinity involved “kindness” and “gentleness.” These were major celebrities with PR teams. Could their gender flexibility have been an attempt to ward off bad press? It’s impossible to say, but what observers have seen does color the discourse.

Is there too much distrust between the sexes?

Still, it’s also important to recognize the extent to which these immediate judgments can impede young people’s social lives. Playboy editor Magdalene J. Taylor, who also writes the sex and dating newsletter Many Such Cases, says that the “performative male” trend is “aligned with much of the hostility we’re seeing in dating writ large: we don’t trust that anyone’s intentions are good.”

This hostility is visible in the level of suspicion, surveillance, and arbitrary rules that factor into dating right now. From the amount of hyperspecific and downright nonsensical dating requirements that are discussed on TikTok to whisper-network apps that mainly encourage gossip rather than safety, it seems like many people have lost sight of what a healthy level of discernment in dating looks like.

Taylor says, out of all the legitimate warning signs that men can display, someone’s style of dress or tastes in books is perhaps not the thing to focus on. And doing your best to attract a potential partner isn’t inherently deceptive.

“While lying and obfuscating your identity for sexual ends is, of course, wrong and potentially even assault, reading a book you believe women will find appealing is not a lie,” she says. “It’s an entirely normal, well-established social practice of attempting to relate to the opposite sex.”

Overall, though, Taylor says that the level of humor men and women are injecting into the “performative male” trend may suggest that people are slowly pushing away from the idea that a man’s appearance and interests, especially regarding things that are woman-coded, require further inspection. A lot of dudes might just wear and consume a lot of the same basic stuff right now, and if it just so happens that progressive women love it, so be it.

“It’s not a counterattack to ‘wokeness’ per se, but a realization that some of the rhetoric of ‘wokeness’ around heterosexual dating relations imposed new restrictions that did not actually liberate us,” Taylor says. “We’re circling back to a place where it’s okay to admit that you are a person with desires, and that you might act accordingly.”

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From Starbucks to TikTok, matcha is everywhere again. But why? https://earlybirdsinvest.com/from-starbucks-to-tiktok-matcha-is-everywhere-again-but-why/ https://earlybirdsinvest.com/from-starbucks-to-tiktok-matcha-is-everywhere-again-but-why/#respond Tue, 19 Aug 2025 13:12:12 +0000 https://earlybirdsinvest.com/from-starbucks-to-tiktok-matcha-is-everywhere-again-but-why/

Seemingly out of nowhere, a pale green drink has become a staple in my life. In recent months, the matcha latte has become my primary source of energy throughout the day and my favorite indulgence at night. I order it at coffee shops without missing a beat. I take “aesthetic” photos of the milk swirling with the vibrant green liquid. I can now explain the dubious difference between “ceremonial” and “culinary” grades of the finely ground, lightly caffeinated green tea powder.

Yet something about my newfound appreciation for the Japanese delicacy feels a bit uncanny. Matcha isn’t new (to say the least), and I admittedly didn’t love it at first try. What changed, and why now? It feels like it was muscled into my kitchen by some invisible force, and my taste buds have magically adjusted to its flavor.

Clearly, I’ve been influenced. It’s not just that my TikTok feed is filled with women showing their matcha orders or tutorials on how to achieve the perfect matcha foam. The powder and its flavor are nearly impossible to avoid in public life. Signs outside coffee shops and bars tout matcha concoctions and cocktails. At bakeries and sweet shops, it seems like every dessert can be made as a matcha hybrid. It’s the hottest ingredient across a wide spectrum of products, from skincare to candles to butter to ramen; the Crumbl cookies of beverages that have been popular for more than a thousand years.

That I could succumb to such an enormous trend isn’t really the strange part. What’s strange is that it feels like we’ve already done this trend before — and quite recently, too. In the mid-2010s, matcha seemed to achieve its cultural peak in the US — although, it turned out to be more culty than mainstream. Almost a decade later, matcha is suddenly everyone’s favorite drink, for real. According to Grand View Research, the tea market generated $391.1 million in revenue last year and is expected to reach $599.5 million by 2030. Now, there are reports of a matcha shortage due to increased demand and limited production.

Unlike many trends that have reentered the zeitgeist, it doesn’t seem like we’re consuming matcha out of nostalgia. Rather, it’s almost like we forgot we were ever introduced to it in the first place. It raises some questions: What ever happened to the “matcha people,” and what does it mean to be a “matcha person” this time around?

2014 was a major year for matcha in the US, signaling the advent of a new, nutrient-rich beverage trend. Sales for the green tea powder grew more than 50 percent, while sales for ready-to-drink matcha products more than doubled. Brands responded quickly. In the mid-2010s, you could shop an assortment of matcha products, from bottled drinks to Trader Joe’s baking mix to matcha waffles. Starbucks added it to its instant drink line. The tea craze hit New York City particularly hard, including with the opening of the first matcha-themed cafe in the US in 2014. This trend was partly met with an eyeroll. Critics lamented that Americans were bastardizing the ancient Japanese specialty by giving it the “pumpkin spice latte” treatment.

By the end of the 2010s, though, matcha’s relatively low-key boost wasn’t the “in” thing: Americans wanted to be jacked up on cold brew and energy drinks. One of the harbingers of our current health and fitness obsession has been the rise of sugar-free, wellness-branded caffeinated beverages, like Celsius and Red Bull Editions.

But in the wake of health concerns and complaints about highly caffeinated energy drinks, matcha has come back around as a more sustainable, less jittery option. In addition to its relatively lighter caffeine content, matcha has a high concentration of the amino acid L-theanine, which induces a calm, focused mindset. But that only partially explains why it’s become so unavoidable, even if it’s not your literal cup of tea.

Close-up of an obscured woman holding a cup of matcha tea with green foam

Miniseries/Getty Images

Erika Weiss, a marketing expert and professor at Loyal Marymount University, says the growth of social media over the past decade as a driving force in consumer trends has catapulted matcha into a new stratosphere of popularity. It helps that matcha contains the one attribute that matters the most on apps, like TikTok and Instagram: It’s “aesthetic.”

“It’s a product that’s so well-suited for promotion through these social-media platforms,” Weiss says. “It’s a beautiful, bright color. You go to an interesting place to find your matcha.”

Outside of discovering matcha at different grocery stores and cafes, the act of preparing the tea is heavily documented on social media. There’s the visual part of the ritual — the whisking, the frothing, the pouring, the setting of the table. On TikTok, there’s a large emphasis on making the drink itself look pretty, adding different foams and fruits for color. For the most part, though, the attention to detail and aesthetics resembles traditional tea ceremonies in Japan.

“There’s a great deal of energy put into expressing one’s aesthetic taste and meticulousness, including toward the implements, the tea itself, and the surroundings,” says Stephen Roddy, who teaches Japanese literature at the University of San Francisco.

Online, though, a lot of matcha-making is done alone, often included in users’ morning routines. That’s an aspect of the current matcha wave that feels very Westernized, the fact that it’s become an individualized, self-improvement ritual. “Individual tea performance [in Japan] is not as good as doing it for others,” Roddy says. He describes tea ceremonies in Japan as “very much a social activity that enables people to express solicitude, thoughtfulness, and appreciation for one another.”

“There’s a strong sense of historical connection and continuity of the ceremony (‘chanoyu’) going back to the 16th century and even earlier,” he says.

Regardless of whom you’re enjoying matcha with, Weiss says this “highly experiential” element is exactly why the drink is taking off. She differentiates the tea trend from the much-mocked “pumpkin spice latte” phenomenon, saying that it feels like a more authentic discovery and practice for its consumers.

“This isn’t owned and pushed by a big corporate brand like Starbucks,” Weiss says. “There are lots of independent tea shops or coffee shops that are putting this forward. There’s the history, the authenticity, the ritualistic nature of what it is, and the fact that it’s something that could be enjoyed all through the year. It’s not this sort of made-up thing.”

The appeal of matcha seems clear enough: It’s pretty. It’s healthy. It’s fun to try out. And yet, it stands to reason that a grassy, chalky, somewhat bitter drink would be more of an acquired taste than an immediate obsession — because it did take ten years.

Weiss had another expert in mind to help explain the matcha resurgence. Her 16-year-old daughter, Kaia, who’s witnessed the trend among her friends and classmates, had a rather simple theory: You can be a matcha drinker without really enjoying — or even experiencing — matcha flavor.

“You can just add so much sugar,” Kaia says. “It basically just tastes like a sugary drink. People who don’t actually like the taste of matcha will just go to Starbucks and order the lavender matcha because they want to experience a different flavor profile.”

This is probably why matcha has recently exploded in the form of a latte. Consumers can dilute the taste as much as they want with milk, sweetener, and whatever added syrup. TikTok shows an endless array of matcha fusions and customizations you can make for yourself or order at cafes, some of which border on the absurd. From lemonade to soda to eggnog to espresso, it seems that, for a lot of people, making a “good” matcha involves overcoming the natural taste of it with other ingredients. You could argue this is probably the case with many coffee drinkers. But the even more juvenile options at Starbucks look quite simple compared to the current spectrum of matcha variations.

The current matcha craze is maybe the most literal representation of the tension between our actual tastes and what we feel the pressure to crave in a hyper-consumerist culture. It also seems born out of a reality that seems to partly define the current generation of chronically online youth: isolation.

As Bloomberg reporter Amanda Mull writes about the current flurry of random social media trends, including Labubus, Dubai chocolate, and yes, matcha, a need for community and tangibility is maybe what’s simply behind the need to buy into everything on display. “If nothing else, the new ubiquity of a toy or snack is like a signal of some kind of consensus reality bubbling up in spite of algorithmic isolation,” Mull writes.

Overall, it seems like being a matcha person in 2025 is just about wanting to be a person.

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ClickTok Scam Targets TikTok Shoppers With Fake Crypto Deals https://earlybirdsinvest.com/clicktok-scam-targets-tiktok-shoppers-with-fake-crypto-deals/ https://earlybirdsinvest.com/clicktok-scam-targets-tiktok-shoppers-with-fake-crypto-deals/#respond Thu, 07 Aug 2025 18:31:32 +0000 https://earlybirdsinvest.com/clicktok-scam-targets-tiktok-shoppers-with-fake-crypto-deals/

Cybersecurity firm CTM360 has revealed a rise in cryptocurrency scams aimed at people using TikTok Shop.

According to a report published on August 4, scammers are running a campaign called “ClickTok”, which tricks users through fake websites, malware, and misleading promotions.

The scheme begins with ads on Meta platforms and AI-generated TikTok videos made to look like posts from influencers. These lead viewers to fake shopping pages that closely resemble real ones.

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CTM360 explained that these sites are set up to either steal login information or install apps containing hidden malicious software.

More than 10,000 scam websites have been linked to this operation. Although TikTok Shop is only available in 17 countries, the scam has reached users around the world.

Once someone visits one of the fake sites, they are shown products with big discounts and urged to act fast using countdown timers. This pressure tactic pushes people to pay without taking time to think. The scammers then ask for payment in cryptocurrency, often Tether
USDT


$0.9915

.

Scammers are also targeting users in TikTok’s affiliate program. These victims are contacted through WhatsApp or Telegram by someone pretending to be a TikTok representative. They are told to deposit money into fake crypto wallets and shown false earnings pages with promises of commissions that never arrive.

SentinelLABS recently reported that old YouTube channels that once posted tech or crypto videos are being used to promote a scam. How? Read the full story.


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TikTok Influencer Sentenced to 8.5 Years for Aiding North Korean IT Sanctions Evasion Scheme https://earlybirdsinvest.com/tiktok-influencer-sentenced-to-8-5-years-for-aiding-north-korean-it-sanctions-evasion-scheme/ https://earlybirdsinvest.com/tiktok-influencer-sentenced-to-8-5-years-for-aiding-north-korean-it-sanctions-evasion-scheme/#respond Fri, 25 Jul 2025 12:25:01 +0000 https://earlybirdsinvest.com/tiktok-influencer-sentenced-to-8-5-years-for-aiding-north-korean-it-sanctions-evasion-scheme/

Crypto Journalist

Amin Ayan

Crypto Journalist

Amin Ayan

About Author

Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has…

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An Arizona-based TikTok influencer has been sentenced to eight and a half years in prison for her role in a North Korean plot to infiltrate the U.S. tech workforce and fund the regime’s weapons program.

Key Takeaways:

  • Christina Chapman was sentenced to 8.5 years for helping North Korean IT workers infiltrate US tech jobs.
  • She ran a “laptop farm” and laundered wages, aiding over 300 job placements.
  • The scheme is part of a broader effort by North Korea to fund its weapons program.

Christina Marie Chapman, who gained popularity online for her freelance lifestyle content, was convicted in Washington, D.C. on charges of wire fraud conspiracy, aggravated identity theft, and money laundering.

In addition to prison time, Chapman was ordered to forfeit over $284,000 and pay restitution of $176,850. She will also serve three years of supervised release.

TikToker Ran ‘Laptop Farm’ to Help North Korean IT Workers Pose as US Employees

According to prosecutors, Chapman operated a “laptop farm” from her home, allowing North Korean IT workers to remotely access U.S.-based networks while appearing to be physically located inside the country.

Between 2020 and her arrest, she helped operatives obtain remote roles at more than 300 American companies, including Fortune 500 firms, a major television network, and a leading aerospace manufacturer.

“Even an adversary as sophisticated as the North Korean government can’t succeed without the assistance of willing U.S. citizens like Christina Chapman,” said Roman Rozhavsky, Assistant Director of the FBI’s Counterintelligence Division.

US authorities say North Korea has built a global network of IT operatives who use fake identities and proxy networks to secure jobs and channel funds to the regime.

Chapman’s activities helped facilitate these efforts by setting up U.S.-based internet access, laundering wages through personal bank accounts, and shipping laptops overseas, including multiple devices sent to a Chinese city near North Korea.

Investigators seized more than 90 laptops from her residence and discovered she had sent 49 more abroad.

The wages earned by the North Korean agents were misreported to the US tax and social security agencies under stolen or borrowed American identities.

The crypto sector remains a key target in this operation. According to Chainalysis, North Korean-linked hackers stole $1.34 billion in cryptocurrency in 2024 alone, up 21% from the previous year.

Cybersecurity experts say North Korean job seekers are increasingly sophisticated, often hiring European actors to front video interviews while using VPNs and proxy IPs to conceal their locations.

North Korea Linked to Major Crypto Hacks

North Korea has also been linked to several other major crypto heists, including those targeting Bybit, the Ronin Bridge, Harmony, and various DeFi platforms.

Global law enforcement is responding. The U.S. Department of Justice recently moved to seize over $7.7 million in digital assets tied to North Korean IT workers embedded in blockchain firms.

Meanwhile, the U.S. and South Korea signed a bilateral agreement in 2023 to enhance their technical capabilities in detecting and countering DPRK cyber operations.

North Korean cyber strategies continue to evolve. In April, Lazarus-linked operatives reportedly set up US-based shell companies to distribute malware to crypto developers.

Kraken recently thwarted an infiltration attempt by a suspected North Korean posing as a job candidate.


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They trusted a sealed wallet from TikTok, and it cost them $6.9M https://earlybirdsinvest.com/they-trusted-a-sealed-wallet-from-tiktok-and-it-cost-them-6-9m/ https://earlybirdsinvest.com/they-trusted-a-sealed-wallet-from-tiktok-and-it-cost-them-6-9m/#respond Sat, 19 Jul 2025 12:01:39 +0000 https://earlybirdsinvest.com/they-trusted-a-sealed-wallet-from-tiktok-and-it-cost-them-6-9m/

What is the TikTok hardware wallet scam?

A person who bought what looked like a “sealed, brand-new” hardware wallet advertised on the Chinese version of TikTok was a victim of a $6.9-million crypto heist, losing all their funds in minutes.

A late-night distress call to blockchain security firm SlowMist revealed one of 2025’s most devastating cryptocurrency thefts. Criminals are now exploiting the very security devices meant to protect users from online threats. It’s a sophisticated new threat in crypto fraud, and honestly, it’s a worry for many users to see hardware wallet tampering result in a multimillion-dollar criminal exploit.

SlowMist chief information security officer 23pds was the first to report the case. Unlike well-known scams using phishing emails, unsolicited messages or spoof websites, this attack hits the victim’s security at the hardware level.

SlowMist revealed one of 2025's most devastating cryptocurrency thefts

The biggest problem of all for crypto users is that there are minimal warning signs for this type of compromise until it’s too late. 

How are counterfeit hardware wallets compromised?

The victim bought what appeared to be a legitimate Ledger hardware wallet from Douyin Shop, the e-commerce platform inside the Chinese social media version of TikTok. 

For security, you should never buy a second-hand, unsealed hardware wallet in case it has been compromised. But in this case, the buyer was tricked by the packaging. It appeared to be a factory-sealed, authentic product, complete with the original holographic stickers and a professional finish. To the unassuming users, there was nothing different or alarming about this Ledger wallet. 

In this case, when the victim set up their new wallet, it functioned completely normally, generating the usual random 24-word recovery phrase. Unfortunately, investigators would eventually determine that this was the moment the wallet was compromised before it was sold. 

In reality, the attackers had already predetermined the secret phrase or compromised the process for generating numbers. This gave them complete access to the wallet and its private keys. So, when funds were transferred to the wallet, the attackers were able to drain it instantly. 

Unfortunately, the victim had deposited around 50 million Chinese yuan ($6.9 million) into the wallet address, thinking everything was secure in cold storage. However, within hours, the criminals had emptied the wallet. 

Did you know? The global hardware wallet market was valued at over $460 million in 2024, and it is predicted to grow to over $3 billion by 2033. This makes hardware wallets, which users trust heavily, a prime target for crypto theft.

SlowMist team’s crypto investigation trail

As reported on the SlowMist X account, the victim filed an emergency report regarding the theft on June 13, 2025. 

SlowMist is a blockchain security firm that offers a number of services, including security audits and threat information and works extensively in cryptocurrency crime investigations. Its work often extends to large organizations and government bodies. 

On this occasion, it was able to trace the stolen funds, revealing they were immediately funneled through Huiwang, a shadowy entity in Cambodia. This operation was using a financial network called Huione Group, which operates “a node for laundering proceeds of cyber heists,” according to the Financial Crimes Enforcement Network, or FinCEN. 

Huiwang crypto laundering is a popular financial move for criminals, as multiple layers of obfuscation, coupled with no Anti-Money Laundering (AML) or Know Your Customer (KYC) controls, make recovery virtually impossible. So, while SlowMist could track the stolen funds, there is little hope of recovery after the cold wallet key leak. 

Did you know? TikTok and similar social media platforms are hotbeds for crypto scams. The fraud ranges from fake investment opportunities, viral video scams, unsolicited messages and compromised hardware wallet sales — all designed to con unsuspecting users out of their crypto stash. 

The growing sealed wallet crypto theft problem

The cold wallet scam shows how quickly you can lose an entire crypto stash in seconds. SlowMist’s chief security officer, 23pds, explained on X that crypto users shouldn’t gamble their “entire fortune on a ‘wallet’ that’s a few hundred bucks cheaper.” He went on to say, “This isn’t saving money, it’s throwing away your lifeline.”

Incidents like these are part of a broad surge in cryptocurrency-related fraud that is plaguing 2025. The first half of the year has seen over $2.1 billion in crypto losses across infrastructure-level attacks. 

Hardware wallet manipulation is another sophisticated vulnerability that crypto holders need to be aware of. No matter how “legitimate” a wallet product may appear, this case highlights the importance of purchasing brand-new devices directly from suppliers. It’s critical to avoid other sources, especially discount or marketplace platforms. 

Security experts have also identified multiple ways criminals can compromise hardware wallets further:

  • Firmware modification: Attackers replace legitimate firmware with malicious versions that leak private keys.
  • Manual replacement: Criminals include fake setup instructions directing users to pre-generated addresses.
  • Supply chain infiltration: Wallets are intercepted and modified during shipping or retail distribution.
  • Counterfeit manufacturing: Complete fake devices that mimic legitimate hardware wallets.

Did you know? Even one of the world’s biggest crypto firms, Coinbase, is susceptible to cyberattacks, with the company recently admitting that criminals had accessed data that was used to trick people into handing over their crypto. The criminals demanded $20 million to keep it quiet, but they refused to pay and promised to refund any person who got scammed.

How to protect against hardware crypto wallet scams

With the cryptocurrency industry worth over $3 trillion, it has become an attractive target for criminals, particularly hardware wallets, where users trust these devices to store significant funds for long periods of time. 

This means users need to take precautions to buy a crypto wallet safely and protect against private key theft:

  • Packaging inconsistencies: Legitimate hardware wallet packaging uses ultrasonic welding in conjunction with tamper-proof seals. Devices held together with glue, missing exterior security packaging or preopened are major red flags.
  • Cheap pricing: Wallets sold for less than the official retail price, especially on social media platforms or through unofficial channels, are likely counterfeit or compromised.
  • Pre-filled information: Any wallet that comes with preset PINs, recovery phrases or setup instructions should be immediately destroyed.
  • Unofficial marketplaces and retailers: Purchasing from anywhere other than the manufacturer’s official website significantly increases risk.

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TikTok clashes with US congressman over alleged $300M TRUMP token bribe https://earlybirdsinvest.com/tiktok-clashes-with-us-congressman-over-alleged-300m-trump-token-bribe/ https://earlybirdsinvest.com/tiktok-clashes-with-us-congressman-over-alleged-300m-trump-token-bribe/#respond Sun, 22 Jun 2025 02:00:06 +0000 https://earlybirdsinvest.com/tiktok-clashes-with-us-congressman-over-alleged-300m-trump-token-bribe/

TikTok has publicly denied allegations that it bought $300 million worth of TRUMP memecoins to sway US President Donald Trump.

The company addressed the claims on June 19 in a post on X, labeling the accusation “false and irresponsible” and aimed at misrepresenting its actions.

The statement followed comments by US Congressman Brad Sherman, who suggested that TikTok’s parent company, ByteDance, purchased a large volume of TRUMP tokens. He claimed the alleged transaction amounted to a direct bribe to President Trump.

Sherman argued that since Trump created the token at no cost, any purchases funneled financial benefits straight to him.

TikTok dismissed Sherman’s narrative and highlighted that his interpretation of a recent letter was misleading. The company stressed that no such transaction had occurred and described the allegations as baseless.

The timing of the accusation coincides with a new Executive Order from President Trump, granting TikTok an additional 90 days to finalize the sale of its US operations or risk a nationwide ban.

Critics argue that the President lacked legal grounds to extend the deadline, citing the initial law passed by Congress that allowed for only one extension.

Trump’s crypto ties trigger ethics concern

Beyond TikTok, the TRUMP memecoin itself is drawing scrutiny from the industry.

The token, promoted by the Trump family, has sparked growing concerns over conflicts of interest. Critics warn that a president with direct or indirect ties to digital assets could face serious questions about ethics, transparency, and foreign influence.

Several US lawmakers and nonprofit watchdogs have expressed concern over the potential misuse of political office for personal financial gain, especially through tokens with no clear use case or underlying value.

Meanwhile, the TRUMP memecoin continues to trade far from its all-time high and faces consistent sell pressure. According to data from CryptoSlate, the token has fallen over 34% in the past month.

As of press time, it was trading around $9.43, down significantly from its January all-time high of $44.28.

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TikTok Fires Back at US Lawmaker’s TRUMP Token Allegations https://earlybirdsinvest.com/tiktok-fires-back-at-us-lawmakers-trump-token-allegations/ https://earlybirdsinvest.com/tiktok-fires-back-at-us-lawmakers-trump-token-allegations/#respond Fri, 20 Jun 2025 15:09:28 +0000 https://earlybirdsinvest.com/tiktok-fires-back-at-us-lawmakers-trump-token-allegations/

TikTok has rejected claims made by a US lawmaker that its Chinese owners are buying a meme coin tied to President Donald Trump.

On June 18, the official TikTok Policy account responded to a post on X by Representative Brad Sherman, who had said the company’s owners were planning to spend $300 million on the Official Trump (TRUMP) token.

TikTok wrote, “Congressman, claiming that the owners of TikTok are buying ‘Trump Coins’ is patently false and irresponsible and doesn’t even accurately reflect a letter you signed last month”.

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The company dismissed the statement as incorrect and misleading.

Sherman’s accusation came as President Trump approved a new 90-day extension that delays a possible ban on TikTok in the US.

He argued that US law allows only one extension and stated that the continued delays are not legally valid. Additionally, Sherman said in the post, “Trump creates ‘Trump Coins’ at no cost, meaning this is just a $300 million bribe that goes right into his pocket”.

The $300 million figure seems to come from a separate company called GD Culture Group. In May, GD Culture said it planned to invest that amount into Bitcoin
BTC


$104,173.44

and the TRUMP token. However, the company does not have any confirmed business connection to TikTok or its parent company, ByteDance.

Meanwhile, House Speaker Mike Johnson recently commented on President Trump’s private dinner for TRUMP token holders. What did he say? 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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TikTok videos now push infostealer malware in ClickFix attacks https://earlybirdsinvest.com/tiktok-videos-now-push-infostealer-malware-in-clickfix-attacks/ https://earlybirdsinvest.com/tiktok-videos-now-push-infostealer-malware-in-clickfix-attacks/#respond Fri, 23 May 2025 14:40:00 +0000 https://earlybirdsinvest.com/tiktok-videos-now-push-infostealer-malware-in-clickfix-attacks/

TikTok

Cybercriminals are using TikTok videos to trick users into infecting themselves with Vidar and StealC information-stealing malware in ClickFix attacks.

As Trend Micro recently discovered, the threat actors behind this TikTok social engineering campaign are using videos likely generated using AI that ask viewers to run commands claiming to activate Windows and Microsoft Office, as well as premium features in various legitimate software like CapCut and Spotify.

“This attack uses videos (possibly AI-generated) to instruct users to execute PowerShell commands, which are disguised as software activation steps. TikTok’s algorithmic reach increases the likelihood of widespread exposure, with one video reaching more than half a million views,” Trend Micro said.

“The videos are highly similar, with only minor differences in camera angles and the download URLs used by PowerShell to fetch the payload,” it added.

“These suggest that the videos were likely created through automation. The instructional voice also appears AI-generated, reinforcing the likelihood that AI tools are being used to produce these videos.”

One of the videos claiming to provide instructions on how to “boost your Spotify experience instantly,” has reached almost 500,000 views, with over 20,000 likes and more than 100 comments.

TikTok ClickFix video
TikTok ClickFix video (Trend Micro)

​In the video, the attackers prompt viewers to run a PowerShell command that will instead download and execute a remote script from hxxps://allaivo[.]me/spotify that installs Vidar or StealC information-stealing malware, launching it as a hidden process with elevated permissions.

After being deployed, Vidar can take desktop screenshots and steal credentials, credit cards, cookies, cryptocurrency wallets, text files, and Authy 2FA authenticator databases.

Stealc can also harvest a wide range of sensitive information from infected computers as it targets dozens of web browsers and cryptocurrency wallets.

After the device is compromised, the script will download a second PowerShell script payload from hxxps://amssh[.]co/script[.]ps1 that will add a registry key to launch at startup automatically.

Attack flow
Attack flow (Trend Micro)

​What is ClickFix?

ClickFix is a tactic where attackers employ fake errors or verification systems, such as CAPTCHA prompts, to trick potential targets into running malicious scripts to download and install malware on their devices.

While generally targeting Windows users through PowerShell commands, ClickFix has also been adopted in attacks against macOS and Linux users.

State-sponsored threat groups have also hacked their targets in similar attacks, with APT28 and ColdRiver (Russia), Kimsuky (North Korea), and MuddyWater (Iran) having all used these tactics in espionage campaigns in recent months.

This is not the first time TikTok videos were used to push malware, with cybercriminals capitalizing on a trending TikTok challenge named ‘Invisible Challenge’ to infect thousands with a fake app that installed WASP Stealer (Discord Token Grabber) malware.

The malware was pushed through videos that received over a million views shortly after being posted and can steal Discord accounts, passwords, credit cards, and cryptocurrency wallets.

In recent years, scammers have also been flooding TikTok with fake cryptocurrency giveaways, almost all using Elon Musk, Tesla, or SpaceX themes.

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Trump delays TikTok ban another 75 days after China stalls divestment deal following tariffs https://earlybirdsinvest.com/trump-delays-tiktok-ban-another-75-days-after-china-stalls-divestment-deal-following-tariffs/ https://earlybirdsinvest.com/trump-delays-tiktok-ban-another-75-days-after-china-stalls-divestment-deal-following-tariffs/#respond Sun, 06 Apr 2025 00:49:27 +0000 https://earlybirdsinvest.com/trump-delays-tiktok-ban-another-75-days-after-china-stalls-divestment-deal-following-tariffs/

In a nutshell: Chinese-owned TikTok faced a US ban on April 5 unless it could divest its American operations to a stateside buyer. The Trump administration was reportedly finalizing a deal involving several investors, but Beijing withdrew in response to new US-imposed tariffs, prompting the White House to extend the deadline.

President Trump recently signed an executive order to extend the delay on TikTok’s US ban for another few months as negotiations to sell the Chinese-owned social network to American investors continue. The President claimed that the deal had seen “tremendous progress,” but his recent sweeping “Liberation Day” tariffs reportedly pushed the Chinese government to stop the deal.

Sources told the AP and Reuters that TikTok owner ByteDance and the White House were finalizing an investment deal with multiple US companies that would leave ByteDance with a 20 percent stake. The identities of the American buyers remain undisclosed. However, previous reports mention private equity firm Blackstone, tech giant Oracle, Amazon, mobile app platform AppLovin, OnlyFans founder Tim Stokely, and others.

On April 2, Trump introduced historic tariffs on many countries. The lengthy list, which experts have described as a “nuclear bomb” on international trade, includes new taxes on imported Chinese goods that increase total anti-China tariffs to 54 percent. In response, Beijing signaled to ByteDance that it wouldn’t approve TikTok’s divestment until it could renegotiate the duties.

Congress passed a law banning TikTok in the US last year for national security reasons. However, President Trump, reversing the stance from his first term, extended the deadline days after taking office to allow time for a sale.

Many fear that the social network could put the personal data of its over 170 million American users into Beijing’s hands or make them vulnerable to Chinese propaganda. Still, support for a ban has subsided considerably over the past two years.

Trade groups expect the new US tariffs to disrupt the global economy, upending a trade paradigm that has lasted for decades. Virtually everything Americans buy, including computers and other electronics, could see substantial price hikes.

As markets have lost trillions of dollars over the past few days in the worst performance since the pandemic, tech companies such as AMD, Dell, and HP experienced almost 10-percent declines. Although semiconductors aren’t affected yet, new incoming tariffs might also target them.

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Last-minute TikTok bidders include Amazon and OnlyFans founder https://earlybirdsinvest.com/last-minute-tiktok-bidders-include-amazon-and-onlyfans-founder/ https://earlybirdsinvest.com/last-minute-tiktok-bidders-include-amazon-and-onlyfans-founder/#respond Thu, 03 Apr 2025 07:43:40 +0000 https://earlybirdsinvest.com/last-minute-tiktok-bidders-include-amazon-and-onlyfans-founder/

Why it matters: As ByteDance’s April 5 deadline to divest TikTok or face a ban approaches, last-minute players have entered negotiations to potentially take over the U.S. operations of the popular social network. The Trump administration, which postponed the ban in January, is reportedly exploring several options to bring some or all of TikTok under American ownership.

Sources recently told The New York Times that Amazon made an 11th-hour offer to purchase all of TikTok, which faces a ban this Saturday April 5 if its Chinese owner, ByteDance, fails to divest the app to a U.S. buyer. Other new bidders include the mobile app platform AppLovin and a company co-founded by OnlyFans founder Tim Stokely.

Amazon’s offer reportedly came in the form of a letter addressed to Vice President JD Vance and Commerce Secretary Howard Lutnick, but officials involved in the negotiations are not seriously considering it.

Meanwhile, OnlyFans Stokely’s new social media company, Zoop, is working with the cryptocurrency foundation HBAR on a bid that aims to alter TikTok’s revenue-sharing model.

Congress passed a law last year banning the social media platform – which is used by roughly half of all Americans – unless a U.S.-based buyer emerges. Many worry that China’s government could compel ByteDance to hand over American user data or manipulate TikTok’s recommendation algorithm to spread propaganda. However, a potential deal could still leave the algorithm under Chinese control.

At least one proposal under consideration by the Trump administration would have ByteDance lease the algorithm to U.S. companies while retaining a minority stake. Potential investors include tech giant Oracle and private equity firm Blackstone. It remains unclear whether Beijing or U.S. lawmakers would approve such a plan.

President Trump initially attempted to force ByteDance to divest TikTok by threatening a ban during his first term, but later reversed course. After President Biden signed last year’s law, Trump extended the legislation’s original deadline to April 5 – just days after taking office – and recently stated that a deal is imminent.

AI startup Perplexity has also proposed acquiring and overhauling TikTok. The company would rebuild the algorithm, introduce community notes, and open-source the recommendation system.

Others who have reportedly expressed interest in the platform include YouTuber MrBeast, Reddit co-founder Alexis Ohanian, Los Angeles Dodgers owner Frank McCourt, tech entrepreneur Jesse Tinsley, and Wyoming businessman Reid Rasner.

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