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Today's Top Crypto Headlines:
Fake Zoom Hacks | Ripple Secures UAE License | Ledger Helps Trezor Fix Flaw and more...
King Fatrick Gil Añasco
March 13, 2025
Good Morning Crypto Enthusiasts!
Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
Fake Zoom Hacks: North Korean scammers posed as VCs on fake Zoom calls, tricking crypto founders into installing malware.
📈Technical Analysis Masterclass - Once a rising star, PNUT peaked at over $2 but has since dropped to just $0.1. Watch UseTheBitcoin’s latest Youtube video “PNUT’s STRONGEST Signal in Months – Next Big Crypto Play?” to see if technical indicators now hint a potential reversal or join our Official Telegram Channel for more alpha!
Ripple Secures UAE License: Ripple gained DFSA approval to offer crypto payments in the UAE, expanding blockchain-based payment solutions across the region.
💡Feature of the Day - Ledger Helps Trezor Fix Flaw: Ledger helped Trezor patch a security vulnerability in its Safe 3 and 5 wallets that exposed cryptographic operations to attacks.
All this and more in today’s headlines!
📰 News Highlights:
At least three crypto founders have reported foiling hacking attempts linked to North Korean cybercriminals.
Having audio issues on your Zoom call? That's not a VC, it's North Korean hackers.
Fortunately, this founder realized what was going on.
The call starts with a few "VCs" on the call. They send messages in the chat saying they can't hear your audio, or suggesting there's an… x.com/i/web/status/1…
— Nick Bax.eth (@bax1337)
2:43 PM • Mar 11, 2025
The attackers used fake Zoom calls, pretending to be venture capitalists offering partnerships.
This happened to me and @NFTVai today. The project lead was disguised as a Story Protocol project (str8fire.io) for IP usage and rev sharing (very good fit with @Pixelmon business model and my past investments), at the last minute they asked us to use a ZOOM link and… x.com/i/web/status/1…
— GiulioX🐉 $MON (@GiulioXdotEth)
6:10 AM • Mar 12, 2025
Once the call began, they claimed audio issues and sent a fraudulent link, tricking victims into installing malware.
Another day another North Korean scammer
This time using the same "fake Zoom" scam that's been popular recently
I'll detail what happened to me in this 🧵— David Zhang (▲) (@dazhengzhang)
10:55 AM • Mar 12, 2025
Cybersecurity expert Nick Bax highlighted that similar scams have led to millions in losses.
The same thing happened to me. But didnt give my password while the install was happening.
Disconnecte my laptop and I reset to factory settings. But transferred my files to a hard drive. I have not connected the hard drive back to my laptop. Is it still infected? @_SEAL_Org— Melbin (melbin.eth) (@melbint04)
11:59 AM • Mar 12, 2025
Among the targets were Giulio Xiloyannis, co-founder of Mon Protocol, and David Zhang, co-founder of stablecoin firm Stably. Both were asked to join alternate calls that disguised malware as an audio patch.
📈Technical Analysis Masterclass:
Bullish Divergence: A Key Signal
What It Means: A bullish divergence happens when price moves sideways or down while RSI trends up, signaling weakening selling pressure.
What to Expect: This pattern suggests momentum could shift, but breakouts take time—potentially days, weeks, or even months.
Key Technical Indicators Supporting a Reversal
1️⃣ Moving Averages (100 & 200-Day)
PNUT is testing a breakout above the 100-day and 200-day moving averages.
If successful, these levels could act as new support, attracting more buyers.
2️⃣ Supertrend Indicator
PNUT has moved from bearish (red) to bullish (green) territory.
If this holds, it reinforces the potential for upward movement.
Will PNUT Make a Comeback?
The Case for a Rebound: RSI divergence, moving average breakout attempts, and Supertrend shift all suggest growing strength.
Market Reality: Crypto remains volatile, and external factors could still push prices lower.
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Ripple has obtained full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer crypto payment services in the UAE.
Ripple has secured regulatory approval from the Dubai Financial Services Authority (DFSA), making us the first blockchain payments provider licensed in the DIFC.
This milestone unlocks fully regulated cross-border crypto payments in the UAE, bringing… x.com/i/web/status/1…
— Ripple (@Ripple)
5:01 AM • Mar 13, 2025
This milestone allows the blockchain firm to operate within the Dubai International Financial Center (DIFC), an economic free zone with independent regulations.
Huge news 🔥 @Ripple is now DFSA licensed to offer regulated crypto payments in the @DIFC bringing the speed and efficiencies of blockchain to one of the world’s biggest trade and cross-border payments hubs.
A big thank you to our partners at @DIFC and the DFSA for their early… x.com/i/web/status/1…
— Reece Merrick (@reece_merrick)
5:04 AM • Mar 13, 2025
With the DFSA license, Ripple can now provide blockchain-based payment solutions across the UAE, catering to financial institutions seeking digital asset integration.
🎁Freebie:
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💡 Feature of the Day:
Hardware wallet provider Ledger assisted competitor Trezor in identifying and fixing a security vulnerability in its Safe 3 and 5 models.
We appreciate Trezor’s responsiveness to this responsible security disclosure, and that Trezor addressed the vulnerabilities we found, showcasing the importance of continuous improvement and cooperation in the crypto space.
— Charles Guillemet (@P3b7_)
4:43 PM • Mar 12, 2025
Ledger's research arm, Donjon, discovered that cryptographic operations could still be performed on Trezor’s microcontrollers, making them vulnerable to advanced attacks.
At @Ledger, you might know that we have the @DonjonLedger, our dedicated team constantly conducting open security research.
We recently worked with Trezor, revealing that their Trezor Safe 3 was susceptible to physical supply chain attacks. Here's a thread on our findings:🧵
— Charles Guillemet (@P3b7_)
4:43 PM • Mar 12, 2025
Trezor has since patched the issue, ensuring enhanced security for users.
Hi, your funds remain safe, and you need not take any action. Ledger Donjon reused a previously known attack to bypass some of our countermeasures against supply chain attacks in Trezor Safe 3. Nevertheless, users who purchase from official sources are fully secure🔒
— Trezor (@Trezor)
6:31 PM • Mar 12, 2025
While Trezor has resolved the issue, it could not patch it via firmware updates.
@P3b7_@Ledger@DonjonLedger Hi, unfortunately not. In cybersecurity, the golden rule is simple: nothing is fully unbreakable. That’s why we have already implemented a multi-layer defense against supply chain attacks and always advise our users to purchase from official sources.
— Trezor (@Trezor)
6:11 PM • Mar 12, 2025
😂 Crypto Meme of the Day:
Meme of the day provided by @Xmdevlf0
And that’s it for this today.
See you all tomorrow’s edition!
Jonathan Gibson
UseTheBitcoin.com