Your Seed Phrases Are Being Stolen by Mobile Malware Through Official App Stores
A dangerous new mobile spyware campaign targeting cryptocurrency users has infiltrated both Apple’s App Store and Google Play Store, specifically designed to steal seed phrases and wallet credentials stored as photos on smartphones. The malware, dubbed SparkKitty, represents a significant escalation in mobile cryptocurrency threats and has already compromised thousands of users worldwide.
Advanced Malware Campaign Targets Crypto Assets SparkKitty, a successor to the earlier SparkCat campaign first uncovered in early 2025, uses modified frameworks and libraries to exfiltrate sensitive data from iOS and Android devices.
Your Seed Phrases Are Being Stolen by Mobile Malware Through Official App Stores
A dangerous new mobile spyware campaign targeting cryptocurrency users has infiltrated both Apple’s App Store and Google Play Store, specifically designed to steal seed phrases and wallet credentials stored as photos on smartphones. The malware, dubbed SparkKitty, represents a significant escalation in mobile cryptocurrency threats and has already compromised thousands of users worldwide.
Advanced Malware Campaign Targets Crypto Assets SparkKitty, a successor to the earlier SparkCat campaign first uncovered in early 2025, uses modified frameworks and libraries to exfiltrate sensitive data from iOS and Android devices.
Foreign-exchange turnover now exceeds US $7 trillion a day, but the same leverage that makes the market attractive can erase an account in minutes. Below is a research-driven review of the most common forex trading mistakesidentified by analysts at Investopedia, BabyPips and FXStreet, together with practical steps to avoid them.
1 Trading without a written plan Investopedia ranks “no trading plan” as the single biggest error made by new speculators: ad-hoc decisions invite inconsistency, revenge trading and cognitive bias. A documented plan should define strategy, time frame, entry criteria, position size and exit rules. Traders who formalise these elements and track outcomes in a journal outperform discretionary counterparts because the process enforces accountability and post-trade review.
Action point: Draft a rules-based plan, back-test it on historical data, and review live results weekly.
2 Overleveraging in forex Retail brokers routinely offer 1:200 or even 1:500 leverage; a US $1 000 deposit can control half a million dollars’ worth of currency. BabyPips calls misuse of leverage the “number-one reason new forex traders fail,” noting that a two-per-cent adverse move wipes out a 100×-leveraged account.
Action point: Risk no more than 1–2 % of equity per trade, size positions so a standard deviation move cannot trigger a margin call, and reduce gearing further ahead of major data releases.
Foreign-exchange turnover now exceeds US $7 trillion a day, but the same leverage that makes the market attractive can erase an account in minutes. Below is a research-driven review of the most common forex trading mistakesidentified by analysts at Investopedia, BabyPips and FXStreet, together with practical steps to avoid them.
1 Trading without a written plan Investopedia ranks “no trading plan” as the single biggest error made by new speculators: ad-hoc decisions invite inconsistency, revenge trading and cognitive bias. A documented plan should define strategy, time frame, entry criteria, position size and exit rules. Traders who formalise these elements and track outcomes in a journal outperform discretionary counterparts because the process enforces accountability and post-trade review.
Action point: Draft a rules-based plan, back-test it on historical data, and review live results weekly.
2 Overleveraging in forex Retail brokers routinely offer 1:200 or even 1:500 leverage; a US $1 000 deposit can control half a million dollars’ worth of currency. BabyPips calls misuse of leverage the “number-one reason new forex traders fail,” noting that a two-per-cent adverse move wipes out a 100×-leveraged account.
Action point: Risk no more than 1–2 % of equity per trade, size positions so a standard deviation move cannot trigger a margin call, and reduce gearing further ahead of major data releases.
In a significant cybersecurity revelation, Koi Security has uncovered a large-scale campaign involving over 40 malicious Firefox extensions designed to steal cryptocurrency wallet credentials. These fake extensions, which impersonate trusted wallet tools such as Coinbase, MetaMask, Trust Wallet, Phantom, Exodus, OKX, MyMonero, Bitget, Keplr, Ethereum Wallet, and Filfox, have been active since at least April 2025 and remain a persistent threat.
Mechanics of the Malicious Campaign
The malicious extensions are meticulously crafted to appear legitimate, often cloning the open-source codebases of genuine wallet extensions and embedding spyware within seemingly harmless files.
In a significant cybersecurity revelation, Koi Security has uncovered a large-scale campaign involving over 40 malicious Firefox extensions designed to steal cryptocurrency wallet credentials. These fake extensions, which impersonate trusted wallet tools such as Coinbase, MetaMask, Trust Wallet, Phantom, Exodus, OKX, MyMonero, Bitget, Keplr, Ethereum Wallet, and Filfox, have been active since at least April 2025 and remain a persistent threat.
Mechanics of the Malicious Campaign
The malicious extensions are meticulously crafted to appear legitimate, often cloning the open-source codebases of genuine wallet extensions and embedding spyware within seemingly harmless files.
Reveal How Ethereum Tested $3,000 After BlackRock ETF
Ethereum briefly tapped the psychological $3,000 barrier in Thursday’s Asian session, its highest print since early March, before backing off to trade around $2,960 at press time. The push came as BlackRock’s spot vehicle, the iShares Ethereum Trust (ticker ETHA), logged a record $300 million net inflow on July 10—more than the fund attracted in its entire first trading week back in January.
Market watchers say the confluence of surging ETF demand, a softening U.S. dollar index and improving on-chain activity set the stage for ETH’s latest rally, which has added nearly 18 % over the past seven days. Record inflows underscore institutional demand
SoSoValue data show U.S. spot ether ETFs pulled in $476 million on Wednesday, the second-largest daily haul since launch.
Reveal How Ethereum Tested $3,000 After BlackRock ETF
Ethereum briefly tapped the psychological $3,000 barrier in Thursday’s Asian session, its highest print since early March, before backing off to trade around $2,960 at press time. The push came as BlackRock’s spot vehicle, the iShares Ethereum Trust (ticker ETHA), logged a record $300 million net inflow on July 10—more than the fund attracted in its entire first trading week back in January.
Market watchers say the confluence of surging ETF demand, a softening U.S. dollar index and improving on-chain activity set the stage for ETH’s latest rally, which has added nearly 18 % over the past seven days. Record inflows underscore institutional demand
SoSoValue data show U.S. spot ether ETFs pulled in $476 million on Wednesday, the second-largest daily haul since launch.
Discover How Memecoin Market Rockets Over Memecoin Mania
The meme-token locomotive is roaring again. Data from CoinMarketCap show the total memecoin market cap briefly hit $79 billion on July 18—up 43 % from just $55 billion at the end of June and the highest level since late 2024.
The spike extends a month-long rally fueled by viral presales, community hype and the rise of Solana-based launchpads that mint new dog-and-frog coins almost daily. Yet while retail traders celebrate eye-popping returns, industry veterans are sharply divided about what the comeback means for crypto’s long-term health.
Two Very Different Takes on Meme-Coin Fever
“Capital has nowhere better to flow.” Anthony Anzalone, CEO of layer-1 network Xion, slammed the boom as a sign of misplaced priorities:
Discover How Memecoin Market Rockets Over Memecoin Mania
The meme-token locomotive is roaring again. Data from CoinMarketCap show the total memecoin market cap briefly hit $79 billion on July 18—up 43 % from just $55 billion at the end of June and the highest level since late 2024.
The spike extends a month-long rally fueled by viral presales, community hype and the rise of Solana-based launchpads that mint new dog-and-frog coins almost daily. Yet while retail traders celebrate eye-popping returns, industry veterans are sharply divided about what the comeback means for crypto’s long-term health.
Two Very Different Takes on Meme-Coin Fever
“Capital has nowhere better to flow.” Anthony Anzalone, CEO of layer-1 network Xion, slammed the boom as a sign of misplaced priorities:
Reveal Stablecoin vs. CBDC Fight: Is Crypto Really Decentralized?
Tether’s decision in June 2025 to freeze 112 wallets holding about $700 million in USDT has reignited a long-running argument: if a private company can halt your money on-chain, how different is a stablecoin from a central bank digital currency (CBDC)? The move, tied to Iran-linked entities and U.S. sanctions enforcement, sharpened industry fault lines over decentralization, compliance, and the future of digital dollars.
Stablecoins Under the Microscope — Again The freeze arrived just as central bankers and policymakers were already scrutinizing dollar-pegged tokens.
Reveal Stablecoin vs. CBDC Fight: Is Crypto Really Decentralized?
Tether’s decision in June 2025 to freeze 112 wallets holding about $700 million in USDT has reignited a long-running argument: if a private company can halt your money on-chain, how different is a stablecoin from a central bank digital currency (CBDC)? The move, tied to Iran-linked entities and U.S. sanctions enforcement, sharpened industry fault lines over decentralization, compliance, and the future of digital dollars.
Stablecoins Under the Microscope — Again The freeze arrived just as central bankers and policymakers were already scrutinizing dollar-pegged tokens.
Discover: Pump.fun Delays Airdrop and Faces Multi-Billion Lawsuit
Solana’s headline memecoin factory Pump.fun is reeling after its co-founder said an anticipated airdrop “won’t be happening soon,” triggering a steep slide in the newly issued PUMP token and opening the door for rival LetsBonk to strengthen its position across Solana’s token-launch market. At the same time, Pump.fun has been hit with an expanded class action lawsuit that now ropes in Solana Labs, the Solana Foundation, Jito Labs and Jito Foundation, alleging the platform operated an illegal “slot-machine” style gambling business and violated U.S. racketeering laws.
Token tanks on airdrop U-turn Following the airdrop delay remarks, PUMP fell anywhere from 15% to over 25% in 24 hours, extending two-week losses past 50% according to multiple market trackers (CCN, DLNews, CryptoRank/CoinSpeaker, AInvest).
Discover: Pump.fun Delays Airdrop and Faces Multi-Billion Lawsuit
Solana’s headline memecoin factory Pump.fun is reeling after its co-founder said an anticipated airdrop “won’t be happening soon,” triggering a steep slide in the newly issued PUMP token and opening the door for rival LetsBonk to strengthen its position across Solana’s token-launch market. At the same time, Pump.fun has been hit with an expanded class action lawsuit that now ropes in Solana Labs, the Solana Foundation, Jito Labs and Jito Foundation, alleging the platform operated an illegal “slot-machine” style gambling business and violated U.S. racketeering laws.
Token tanks on airdrop U-turn Following the airdrop delay remarks, PUMP fell anywhere from 15% to over 25% in 24 hours, extending two-week losses past 50% according to multiple market trackers (CCN, DLNews, CryptoRank/CoinSpeaker, AInvest).
Discover Japan’s 2025 Crypto Tax Overhaul: What Investors Need to Know
Japan is preparing a landmark crypto-tax reform. Here’s what could change in 2025–2026: a proposed 20% separate tax, loss carryforwards, reclassification under FIEA, and new reporting rules—plus what remains in force today and how investors should prepare.Japan is moving toward the biggest redesign of its crypto tax rules since exchanges were first licensed in 2017. In late June, the Financial Services Agency (FSA) proposed reclassifying crypto assets as financial products under the Financial Instruments and Exchange Act (FIEA)—a shift that would pave the way for separate self-assessed taxation at a flat ~20%, more in line with stocks and bonds. Policymakers are also discussing loss carryforward for crypto gains and tighter market-integrity rules.
Discover Japan’s 2025 Crypto Tax Overhaul: What Investors Need to Know
Japan is preparing a landmark crypto-tax reform. Here’s what could change in 2025–2026: a proposed 20% separate tax, loss carryforwards, reclassification under FIEA, and new reporting rules—plus what remains in force today and how investors should prepare.Japan is moving toward the biggest redesign of its crypto tax rules since exchanges were first licensed in 2017. In late June, the Financial Services Agency (FSA) proposed reclassifying crypto assets as financial products under the Financial Instruments and Exchange Act (FIEA)—a shift that would pave the way for separate self-assessed taxation at a flat ~20%, more in line with stocks and bonds. Policymakers are also discussing loss carryforward for crypto gains and tighter market-integrity rules.
Don’t Risk It: How to Report Your Crypto Income in 2025
Crypto activity is taxable in most major jurisdictions, but the how differs by country, asset type, and whether gains are capital or ordinary income. Below is a practical, source-driven guide for 2025 covering the United States, United Kingdom, Canada and China—what is taxed, where to report it, and common pitfalls to avoid.
Key principles that apply broadly
- Crypto is not “tax-free.” In the U.S., the IRS classifies digital assets as taxable; you must answer a digital assets question and report gains/losses or income even if you received no 1099. - Multiple taxable events. Selling for fiat, swapping one coin for another, or using crypto to pay for goods/services are usually taxable events; mining/staking rewards are generally income on receipt. (See country specifics below.)
Don’t Risk It: How to Report Your Crypto Income in 2025
Crypto activity is taxable in most major jurisdictions, but the how differs by country, asset type, and whether gains are capital or ordinary income. Below is a practical, source-driven guide for 2025 covering the United States, United Kingdom, Canada and China—what is taxed, where to report it, and common pitfalls to avoid.
Key principles that apply broadly
- Crypto is not “tax-free.” In the U.S., the IRS classifies digital assets as taxable; you must answer a digital assets question and report gains/losses or income even if you received no 1099. - Multiple taxable events. Selling for fiat, swapping one coin for another, or using crypto to pay for goods/services are usually taxable events; mining/staking rewards are generally income on receipt. (See country specifics below.)
A Story of How $6,800 Deposit Shocked Crypto Twitter (X)
A wallet beginning 0x6f90…336a has become the talk of Crypto Twitter after on-chain analysts showed the account exploding from US$6,800 in February 2024 to US$1.5 million in realised profit by late June 2025. The feat was first reported by Cointelegraph’s Explained desk and quickly corroborated by on-chain data trackers.
The Playbook: High-Frequency Market-Making on Hyperliquid Unlike meme-coin moonshots or 100× perpetual-futures punts, this trader ran a delta-neutral, high-frequency market-making bot on the permissionless derivatives exchange Hyperliquid. Key attributes:
A Story of How $6,800 Deposit Shocked Crypto Twitter (X)
A wallet beginning 0x6f90…336a has become the talk of Crypto Twitter after on-chain analysts showed the account exploding from US$6,800 in February 2024 to US$1.5 million in realised profit by late June 2025. The feat was first reported by Cointelegraph’s Explained desk and quickly corroborated by on-chain data trackers.
The Playbook: High-Frequency Market-Making on Hyperliquid Unlike meme-coin moonshots or 100× perpetual-futures punts, this trader ran a delta-neutral, high-frequency market-making bot on the permissionless derivatives exchange Hyperliquid. Key attributes:
Discover: Qubic’s Claim Puts Monero Under The Microscope
The Monero community is on high alert after Qubic—a project led by IOTA co-founder Sergey Ivancheglo (“CFB”)—said it has crossed the 51% hashrate threshold on the XMR network. If accurate, that would hand a single coordinated entity enough power to reorganize blocks, censor transactions, or attempt double-spends, the textbook definition of a 51% attack on a proof-of-work chain. The claim, first flagged in Qubic’s own updates and industry coverage, immediately sparked warnings from security researchers and market watchers.
How much hash is really in play? Two datapoints help frame the risk window. First, independent monitors estimated Monero’s total hashrate around ~5 GH/s in recent days—meaning practical majority control would require something north of ~2.5 GH/s.
Discover: Qubic’s Claim Puts Monero Under The Microscope
The Monero community is on high alert after Qubic—a project led by IOTA co-founder Sergey Ivancheglo (“CFB”)—said it has crossed the 51% hashrate threshold on the XMR network. If accurate, that would hand a single coordinated entity enough power to reorganize blocks, censor transactions, or attempt double-spends, the textbook definition of a 51% attack on a proof-of-work chain. The claim, first flagged in Qubic’s own updates and industry coverage, immediately sparked warnings from security researchers and market watchers.
How much hash is really in play? Two datapoints help frame the risk window. First, independent monitors estimated Monero’s total hashrate around ~5 GH/s in recent days—meaning practical majority control would require something north of ~2.5 GH/s.
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