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Produced by Daniel Aharonoff & Mogul Media AI

Bitcoin Spot ETFs Attract $3 Billion in One Month

Bitcoin Spot ETFs: A New Era in Investment The recent launch of Bitcoin spot exchange-traded funds (ETFs) in the United States has ushered in a remarkable financial phenomenon, capturing the attention of investors and analysts alike. Within just a month, these pioneering investment vehicles have attracted over $3 billion in net flows, a figure that notably eclipses the initial performance of gold ETFs when they made their market debut two decades ago. This trend signals not only a shift in investor sentiment but also a redefinition of traditional asset allocation strategies. For those looking to dive deeper into this area, the Comprehensive Guide to Spot Bitcoin ETFs offers valuable insights into navigating these new financial waters. Key Highlights Impressive Net Flows : Bitcoin spot ETFs have drawn over $3 billion in net flows within their first month, demonstrating robust market enthusiasm. Comparison to Gold ETFs : This performance surpasses that of gold ETFs at their inc
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Produced by Daniel Aharonoff & Mogul Media AI

Unveiling the MailerLite Phishing Attack: A Deep Dive into the Crypto Market Breach

The recent phishing attack on email service provider MailerLite has raised significant concerns within the crypto market. The company disclosed to Decrypt that the breach, which occurred when a support team member unwittingly fell victim to a deceptive link and provided their Google credentials, resulted in unauthorized access to MailerLite's internal system. Here are the key points of the incident:

  • Hackers gained access to MailerLite's internal system by executing a password reset for a specific user on the admin panel.
  • They were able to impersonate user accounts, focusing primarily on cryptocurrency-related accounts.
  • A total of 117 accounts were accessed, with some being used to launch phishing campaigns using stolen information.
  • Notable affected accounts included CoinTelegraph, Wallet Connect, Token Terminal, DeFi, and Decrypt.
  • The hackers managed to steal over $580,000, according to ZachXBT, with the funds being sent to a specified address.
  • Web3 security firm Blockaid estimated the total haul to be over $600,000.
  • MailerLite promptly identified and resolved the issue, eliminating the access method used by the perpetrators to breach the platform.
  • Although the initial figure of stolen funds was reported as $3.3 million by a blockchain analytics platform, there was uncertainty surrounding this amount.

The phishing incident serves as a stark reminder of the importance of robust cybersecurity measures, particularly in the ever-evolving landscape of digital threats. Organizations must remain vigilant and proactive in safeguarding sensitive information to prevent similar breaches in the future.

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