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  • North Korean Hackers' Brazilian Heist, Tate's DADDY Meme Coin Mania, Aethir's Decentralized Cloud Conquest, and Holograph's Token Turmoil!

North Korean Hackers' Brazilian Heist, Tate's DADDY Meme Coin Mania, Aethir's Decentralized Cloud Conquest, and Holograph's Token Turmoil!

from cybercriminals targeting Brazil's fintech to the jaw-dropping value of Tate's meme coin, Aethir's Ethereum cloud launch to Holograph's shocking token plunge – buckle up for a thrilling journey!

Hey there, PoI readers! 🌟 

Mochi here, your quirky tech and web3 aficionado, ready to serve up a piping hot batch of digital delights! In this edition, we'll be diving into the murky waters of North Korean hackers targeting Brazil's crypto scene, the jaw-dropping unrealized value of Andrew Tate's DADDY meme coin, Aethir's decentralized cloud network launch on Ethereum, and the shocking 80% plunge of Holograph's HLG token. So, grab your favorite beverage, put on your thinking cap, and let's embark on this wild journey together! 🧠💡

INTEL BRIEF

🟧 Google Cloud's report reveals North Korean cybercriminals targeting Brazil's cryptocurrency and fintech sectors with advanced malware and phishing tactics.

🟧 Early buyers of Andrew Tate's DADDY meme coin are reportedly sitting on $45 million in unrealized value, with some wallets purchasing significant amounts before the token's widespread promotion on X.

🟧 Aethir launches its decentralized cloud compute network on Ethereum mainnet, enabling enterprises and developers to rent compute resources for AI training and digital content rendering.

🟧 Holograph's native token HLG fell nearly 80% after a hacker exploited a smart contract vulnerability and minted 1 billion tokens worth $14.4 million.

North Korean Hackers Set Sights on Brazil's Crypto and Fintech Firms

Google Cloud's threat intelligence department has uncovered a sinister plot by North Korean government-backed hackers targeting Brazil's cryptocurrency exchanges and fintech companies. These cybercriminals are like the ninjas of the digital world, sneaking in and causing chaos!

The report, released on June 13, exposed the coordinated attempts to hijack, extort, and defraud Brazilian individuals and organizations. While North Korean groups primarily focus on cryptocurrency firms, aerospace, defense, and government entities, their Chinese counterparts prefer targeting only government organizations and the energy sector in Brazil. It's like a global game of "Capture the Flag," but with real-world consequences!

The notorious North Korean cybercriminal group Pukchong (also known as UNC4899) has been tricking unsuspecting job seekers into downloading malware onto their systems. They modified a Python app for retrieving cryptocurrency prices to reach out to an attacker-controlled domain and retrieve a second-stage payload. Talk about a "job offer" you can't refuse!

Similar malware attacks by GoPix and URSA were also found actively targeting Brazilian crypto firms.

Government-backed phishing attacks targeting Brazil. Source: Google Cloud

But the attacks don't stop at Brazil's borders. Trust Wallet recently asked Apple users to disable iMessage due to a "zero-day exploit" that could allow hackers to take control of users' phones. Imagine hackers sliding into your iMessages like, "New phone, who dis?"

Meanwhile, Kaspersky uncovered that North Korean hacking group Kimsuky used a new malware variant dubbed "Durian" to launch attacks on South Korean crypto firms. With comprehensive backdoor functionality, Durian enables the execution of delivered commands, additional file downloads, and exfiltration of files. It's like a digital "Trojan horse" with a smelly twist!

Kaspersky also noted a "tenuous" connection between Kimsuky and the more notorious Lazarus Group, suggesting that these hackers might be playing in the same "sandbox."

North Korean hackers target Brazil's crypto and fintech firms with malware and phishing
Hackers trick job seekers into downloading malicious Python app
Trust Wallet warns of zero-day exploit affecting Apple users
Kimsuky hacking group uses new "Durian" malware to attack South Korean crypto firms

Insiders Allegedly Holding $45M in Andrew Tate's DADDY Meme Coin

According to wallet tracking service Bubblemaps, early buyers of social influencer Andrew Tate's DADDY meme token are sitting pretty on a whopping $45 million in unrealized value. While Tate's own wallets haven't sold any tokens since the June 9 issuance, some sneaky "insiders" allegedly scooped up 30% of the token's supply before it was heavily promoted on X. Talk about getting in on the ground floor!

Bubblemaps reported that on June 9, @DaddyTateCTO sent 40% of the $DADDY supply to @Cobratate, Tate's official X account. But here's where it gets juicy: 11 wallets, funded through Binance with suspiciously similar amounts at the same time, gobbled up 20% of $DADDY before @DaddyTateCTO's first tweet. Coincidence? We think not!

Two other clusters tracked by Bubblemaps hold another 10% of the token's supply, worth a cool $30 million at current prices. However, with just over $2.4 million in available liquidity, these fat cats might have trouble cashing out their full stash.

Meanwhile, Tate's personal wallet, which hasn't sold any tokens yet, is holding a jaw-dropping $65 million worth of $DADDY at current prices. It seems like the controversial social media star is really putting his money where his mouth is!

DADDY is the latest celebrity-backed token to make waves in the meme coin ecosystem. Unlike previous instances where celebrities were merely marketing projects or protocols, these tokens are actively issued, backed, and promoted by famous personalities, primarily on X. It's like a star-studded crypto extravaganza!

In May, a slew of celebrities, including Caitlyn Jenner, Iggy Azalea, Trippie Redd, Lil Pump, and Davido, launched tokens using the Solana-based Pump Fun application. However, most of those launches have plummeted 90% from their highs.

Early buyers of Andrew Tate's DADDY meme coin allegedly holding $45M in unrealized value
11 wallets purchased 20% of $DADDY supply before widespread promotion on X
Tate's personal wallet holds $65M worth of DADDY tokens
Celebrity-backed meme coins are the latest trend, but most have crashed 90% from highs

Aethir Unleashes Decentralized Cloud Network on Ethereum Mainnet

Aethir, a DePIN provider, has just launched its decentralized cloud compute network on the Ethereum mainnet. This is a big deal, folks!

So, what does this mean? Well, enterprises, data centers, cloud providers, and even cryptocurrency mining operators can now contribute their idle GPU resources to Aethir's GPU-as-a-service solutions network. It's like a digital potluck, but instead of casseroles, everyone brings their spare computing power!

Co-founder Mark Rydon emphasized the importance of this mainnet launch, stating that by providing a scalable framework for redistributing idle compute resources, Aethir can empower more innovation in the rapidly evolving domains of AI, ML, and cloud gaming. High-quality enterprises can now contribute to the Aethir network and increase access to the current supply of GPUs. It's like giving your computer a part-time job!

Enterprises and developers will be able to rent compute resources from the Aethir network to help train AI models or render digital content at scale. And don't worry about security – Aethir uses full-channel encryption technology to ensure that only users can transmit and view data during use, and no third party can crack and open it. It's like a digital vault for your data!

Aethir's native token, ATH, facilitates network governance, staking processes, and the security of DePIN's ecosystem. It's like the glue that holds everything together!

During its testnet phase, Aethir exceeded 500,000 users and garnered support from tech giants like Nvidia, Super Micro, HPE, and Foxconn. And with special hardware firewalls protecting data security, customers can rest assured that their data is secure and confidential, even from internal visitors. It's like having a digital bodyguard for your information!

DePINs like Aethir have the potential to disrupt Big Tech and free the internet, enabling individuals to provide their own labor or resources and be rewarded in micropayments. It's a brave new world of decentralization, and Aethir is leading the charge!

Aethir launches decentralized cloud compute network on Ethereum mainnet
Enterprises and developers can rent compute resources for AI training and digital content rendering. Aethir uses full-channel encryption to ensure data security and confidentiality
DePINs have the potential to disrupt Big Tech and enable a more decentralized future

Holograph's HLG Token Plummets 80% After Hacker Mints 1B Tokens

Holograph, a platform that enables tokens to move between blockchains, has found itself in a bit of a pickle! A malicious actor decided to play a game of "hack the protocol" and managed to mint a whopping 1 billion HLG tokens worth $14.4 million.

The hacker took advantage of a smart contract vulnerability, minting the tokens across nine transactions. It was like a digital heist in slow motion!

As soon as the news broke, HLG's price started tumbling faster than a clumsy cat on a slippery floor. Within just nine hours, the token fell 79.4% from $0.014 to a local low of $0.0029. Meanwhile, HLG's market cap plummeted from nearly $22 million to $4.8 million. It was like watching a crypto roller coaster ride, but without the fun!

Holograph's X account confirmed the hack and revealed that they've patched up the initial exploit. They're also working with cryptocurrency exchange partners to freeze the malicious actor's accounts. It's like putting the hacker's ill-gotten gains in the digital freezer!

But the story doesn't end there, The hacker had already started converting the minted HLG into stablecoin Tether about four hours after the first exploit.

Matt Casto, a cryptocurrency researcher at CMT Digital, believes the hacker was a "rogue dev" who funded Holograph's operator contract address 26 days ago. It's like having a wolf in sheep's clothing in your dev team!

Since the first industry hack was reported in June 2011, nearly $19 billion in cryptocurrencies have been stolen.

Hacker exploits smart contract vulnerability in Holograph, mints 1B HLG tokens worth $14.4M
HLG token price falls 79.4% within 9 hours of the hack
Holograph patches exploit, works with exchanges to freeze hacker's accounts
Researcher believes hacker was a "rogue dev" who funded operator contract 26 days ago

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Well, that's all for now, my dear PoI readers! 😄 I hope this edition left you feeling a little more enlightened, a tad more entertained, and maybe even inspired to explore the fascinating world of web3 further.

Keep learning, keep laughing, and most importantly, keep being the awesome, inquisitive humans that you are. Until next time, this is Mochi, your trusty tech sidekick, bidding you adieu with a virtual fist bump! 👊✨ Don't forget to share your thoughts, experiences, and favorite moments from this edition with the PoI community. Together, we can make the web3 world a little brighter, one newsletter at a time! 🌍🤝

🍨📰 Catch you in the next issue! 📰🍨

Intel Drop #91

Disclaimer: The insights we share here at Proof of Intel (PoI) are all about stoking your tech curiosity, not steering your wallet. So, please don't take anything we say as financial advice. For all money matters, consult with a certified professional. -