Tag: Slovakia

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EU finalizes Data Act with a kill switch for smart contracts: Law Decoded, June 27–July 3

European Union lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. European Union (EU) lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. The act, aimed at encouraging greater use of…
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Slovakia to Lower Tax on Income From Crypto Holdings

Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax on Income From Crypto Held More Than a Year Members of the…
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Today in Crypto: Germany’s Financial Watchdog Reportedly Decides Against Granting Binance a Custody License, Binance to Lose Support of Its Euro Banking Partner, Slovakia Reduces Crypto Taxes

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Germany’s Financial Watchdog Reportedly Decides Against Granting Binance a Custody License, Binance to Lose Support of Its Euro Banking Partner, Slovakia Reduces Crypto Taxes  Read more »Sign up…
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Slovakian parliament votes to approve lower crypto taxes

A parliamentary vote held by lawmakers in Slovakia approved an amendment that will reduce the taxation of cryptocurrencies, which is currently on a sliding scale. Members of Slovakia’s National Council of the Slovak Republic — the country’s parliament — have voted to approve lower crypto taxes, along with additional measures affecting cryptocurrency holders. On June…
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Right to Pay With Cash Enshrined in Constitution of Slovakia Amid Digital Euro Fears

A member of the eurozone is amending its constitution in order to guarantee citizens the right to cash payments. The move comes amid growing fears that a digital version of the common European currency may eventually become the only means of payment in the eurozone, despite currently being touted as merely an alternative. Lawmakers in…
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Fear of a digital euro prompts Slovakia to add cash rule to constitution

Slovakia’s parliament passed a measure to amend its constitution to codify the right of its citizens to pay for goods and services with cash. Slovakia will codify the right to use cash as a method of payment after a vote to amend the nation’s constitution passed in parliament on June 15.  The new legislation was…
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‘How I met Satoshi’: The mission to teach 100M people about Bitcoin by 2030

A Bitcoiner from Slovakia is on a quest to educate 100 million people by 2030. He shares the story of how he met Satoshi and other remarkable Bitcoin enthusiasts. Dušan Matuska is, among many other things, a Bitcoin educator and consultant. The Slovak’s dream is to educate 100 million people about Bitcoin (BTC) by 2030…
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As Private Seed Funds Dry Up, European Blockchain Firms Seek Public Backing

Publicly-backed VC firms are stepping in where private investors retreat, according to a new report on Central and Eastern European tech investments. A Slovak blockchain startup serves as the chief example of pandemic venture capital developments in central and eastern Europe (CEE), in a new report from Reuters on July 31. In the former Eastern…
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ESET Flags New Latin American Banking Trojan That Targets Crypto

Major Slovakia-based antivirus software provider ESET has discovered a Latin American banking trojan that can steal crypto.

Major Slovakia-based antivirus software provider ESET has discovered a banking trojan that can steal cryptocurrencies and is especially widespread in Latin America.

Primary targets

Known as “Casbaneiro” or “Metamorfo,” the newly found malware family targets banks and cryptocurrency services located in Brazil and Mexico, ESET’s editorial arm WeLiveSecurity reports Oct. 3.

According to the report, Casbaneiro uses a social engineering execution method, which displays fake pop-up windows misleading potential victims to enter sensitive information. The capabilities of the malware are typical of Latin American banking trojans that can take screenshots and send them to command and control server, simulate keyboard actions and capture keystrokes as well as restrict access to websites and download and execute other tools, the report notes.

Stealing crypto via clipboard

Alongside banks, one of the major targets of Casbaneiro is cryptocurrency wallets. According to ESET, Casbaneiro is capable of monitoring the content of the clipboard and replacing the crypto wallets victims have copied with addresses belonging to the attacker.

As noted in the report, ESET has become aware of only one attacker’s wallet at the time of publication. Reportedly hardcoded in the binary code, the reported wallet has around 1.2 Bitcoin (BTC), worth $9,812 at press time with a total number of transactions amounting to 71, according to Blockchain.com.

Additionally, the newly discovered malware uses multiple cryptographic algorithms, with each one intending to protect a different type of data, the report says.

On Sept. 26, Amerian Internet infrastructure firm Juniper Networks warned users of a new spyware called Masad Clipper and Stealer, which reportedly uses the Telegram app to replace crypto addresses with its own.