A new cybersecurity threat has emerged, putting crypto users at significant risk. ModStealer, a sophisticated piece of malware, has been discovered targeting macOS, Windows, and Linux users. First identified by Apple-focused security firm Mosyle, ModStealer is engineered to steal highly sensitive information, including private crypto wallet keys and login credentials.
What makes this malware especially dangerous is its stealth. For nearly a month, ModStealer went undetected by major antivirus software, giving it time to silently infiltrate devices and harvest data. It’s primarily distributed through fake job advertisements aimed at Web3 developers, making it a targeted and deceptive threat to those working in the blockchain space.
Metaverse Sees Revival with Growing NFT Activity
While security threats continue to loom, the metaverse is showing signs of a quiet comeback. According to DappRadar, NFT sales rose by 27% in August, signaling renewed interest in virtual assets and environments. Despite a slight dip in total trading volume to $6.5 million, the actual number of NFT transactions increased, suggesting more users are re-entering platforms like Sandbox and Decentraland.
This activity could indicate a growing confidence in digital ownership and virtual ecosystems, especially as these platforms continue to evolve and offer new experiences.
BlackRock Eyes ETF Tokenization on the Blockchain
In other major news, global investment firm BlackRock is reportedly exploring the tokenization of exchange-traded funds (ETFs). Following the success of its Bitcoin ETF offerings, this move could allow ETFs to trade outside traditional market hours and be integrated into decentralized finance (DeFi) applications.
Tokenizing ETFs would represent a major step forward in bridging traditional finance with blockchain technology. It could bring increased liquidity, flexibility, and broader access to investors, making the financial markets more inclusive and efficient.