The modular Windows crimeware platform known as TrickBot formally shuttered its infrastructure on Thursday after reports emerged of its imminent retirement amid a lull in its activity for almost two months, marking an end to one of the most persistent malware campaigns in recent years. "TrickBot is gone... It is official now as of Thursday, February 24, 2022. See you soon... or not," AdvIntel's

A new Android banking trojan with over 50,000 installations has been observed distributed via the official Google Play Store with the goal of targeting 56 European banks and carrying out harvesting sensitive information from compromised devices. Dubbed Xenomorph by Dutch security firm ThreatFabric, the in-development malware is said to share overlaps with another banking trojan tracked under the

Washington, USA, Feb 16, 2022 - (ACN Newswire) - MicroPets, one of the most popular crypto projects on Binance Smart Chain with over 68,000 holders, has announced a massive overhaul to their rewards system. Although the changes just rolled out, MicroPets has already experienced a 100%+ increase in their price within a short period.

Rewards Changes

Like nearly every NFT staking project out there, MicroPets rewarded its native asset ($PETS). Since inception the team had given out an estimated $10.5MM in rewards–That's just three months! Despite the team hitting an all time high of $207 million, the selling pressure from rewards was a constant drain on the price.

The new rewards changes are a game changer and have been called genius by members within their own community. The team has dramatically limited rewards in $PETS tokens and instead gone with a completely different approach that combines NFT burning with BNB rewards.

The MicroPets team created two distinct pools: Unevolved and evolved. Investors who choose to receive $PETS rewards receive a tightly controlled quantity on a monthly basis. However, with the evolved pool, users receive BNB rewards in addition to the ability to buy $PETS tokens with BNB completely tax free. The result is a green wall that enables investors to dollar cost average their BNB rewards with a 0% buy tax while helping pump the chart at the same time.

Evolution

Knowing the NFT supply was high, the team incentivizes users to burn an NFT to begin the evolution process. Pairing an NFT with one of equal or higher rarity, the user burns one of the two and the NFT enters a 14 days incubation period. After, the user collects the Evolved NFT, which then enters the BNB staking pool.

The result? A reduction in NFT supply, less reward demand due to the incubation period, and a great pump, especially when you consider the team has put 800 BNB in the Evolution pool for the first 30 days. As of this writing, the reinvestment rate of BNB rewards is 85%, which is an incredible metric.

Data-Driven Decisions

The team has also brought on another key role that will support them in analyzing their blockchain data, ensuring live statistics on everything from rewards and reinvestment rates to pet prices, in addition to all major financial decisions. Such practice is a rare sight in the world of Decentralized Finance (DeFi), yet puts MicroPets in a class of its own. This level of transparency and insights is simply very very uncommon.

In fact, the team plans to use these key metrics to reward the right actions regarding the reward systems, ensuring a 30 days review with the community with performance goals.

P2E Innovation

MicroPets Runner is due out this quarter and is developed by a renowned app development firm. Recognizing that nearly every P2E game funds its own demise with its rewards systems, the MicroPets team has opted for an approach not yet seen in the space. Leveraging P2E as a marketing funnel, the team will draw in new users with free pets while leading them through the complete buying process as they work to acquire their first paid MicroPet.

How's this unique? First, the team will have a shop that's refreshed every 30 days that's powered by smart contracts. The shop will have 3D NFT's among other items players can claim in addition to a raffle ticket type system that enables smaller investors to still have fun and potentially earn as well!

The team will combine the best aspects of both Web 2.0 and Web 3.0, creating a rewards system that doesn't lead to excessive selling pressure while acting as a monthly draw for players to check out the refreshed shop!

Metaverse Expansion

The MicroPets team will be building its own metaverse expansion, named Petropolis, and is already working on telling the story of that vision using award-winning animation studio.

In Petropolis, MicroPets investors will be able to leverage their 3D NFT portfolio and land assets within a community-driven ecosystem and economy, all powered by the Petropolis token. Planned are six different land types, each with their own unique city, gathering & crafting resources, and more!

Upcoming Exchange Listings

Coinciding with the major upcoming releases for the MicroPets project and their upcoming P2E game are additional exchange listings. In fact, the MicroPets team has found a key partner that's guiding them on an "exchange blitz" that's designed to consistently move the project up the various exchange tiers, further driving visibility and awareness amongst several key markets, such as China.

Conclusion

The MicroPets team is poised for great success considering the recent changes to the rewards systems. The chart and resulting price action has spoken for itself thus far alongside the enthusiasm from the community. With everything else the team at MicroPets is working on, the future is bright and ripe with opportunity.

About MicroPets

MicroPets has taken the hottest memes in the crypto space, from Doge to Floki, and transformed them into loveable 3D NFT's. Users purchase MicroPets tokens on PancakeSwap, visit their custom-built dApp and then purchase a crate. Inside of the crate is a random 3D NFT, each with their own unique rarity and staking multiplier. The rarer the NFT the better the rewards. The team also has an upcoming Play-To-Earn (P2E) game in development by a renowned app development company, set for release this quarter. Thus far, the team has sold tens of thousands of 3D NFT's.

Social Links
Telegram: https://t.me/micropets
Twitter: https://twitter.com/micropetsbsc
Instagram: https://www.instagram.com/micropets.bsc/

Media Contact
Brand: MicroPets
Contact: Matthew Johnson, PR Director
Email: [email protected]
Website: https://www.micropets.io

SOURCE: MicroPets

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

The post ‘Star Trek: Bridge Crew’ Delisted from Steam, Quest & Rift Store appeared first on Road to VR.

Coinbase Global said last Thursday that it will tighten safety by removing ‘how to buy’ instructions for at least three crypto tokens that have been the subject of ‘rug pull’ warnings that investors may lose their money. The links were removed from Coinbase’s website after Reuters brought them to their attention this week, according to Jaclyn Sales, a spokesman for the cryptocurrency exchange. She also stated that the security of the company’s automatically generated web pages would be improved. Nasdaq-listed Coinbase has pages dedicated to investing in tokens, however, the pages in question were merely educational rather than offering them for trading on its app or wallet. The pages, according to Sales, were generated automatically using data from the data website CoinMarketCap and included a disclaimer that the information was not financial advice and that the exchange was not liable for ‘errors and delays.’ CoinMarketCap Denies Any Partnership With Coinbase CoinMarketCap said it was unaware of the Coinbase pages, and its vice-president of growth and operations, Shaun Heng, stated that the two companies were not affiliated. It’s unclear whether Coinbase checked the coins whose information pages were erased, according to Sales. Coinbase said in an email to Reuters on Thursday that it would ‘develop a more robust disclaimer for the pages that are being auto-created.’ And not just this, Coinbase is also planning to ‘build a process to take down any other pages which CoinMarketCap has flagged as potentially being scams,’ they said, and added that ‘assets which relate to known scams were not tradeable on the exchange’.  While the popularity of cryptocurrency adoption has grown significantly, industry scams have continued to make headlines. According to Chainalysis, scams stole more than $7.7 billion from investors last year. DeFi100, Mercenary, and Squid Are The Pages That Were Removed Coinbase took down a website that offered DeFi100 and advised visitors to check CoinMarketCap to see where it could be purchased. The DeFi100 website on CoinMarketCap, on the other hand, warns: “We’ve received numerous reports that this project was a rip-off. Please proceed with caution.” DeFi100’s tokens have not seen any daily trade volumes since November 14, according to CoinMarketCap, which does not sell cryptocurrency.  The website for DeFi100 is currently unavailable. Its most recent tweet was from May of last year. Requests for comment on DeFi100 and its warning were not returned by CoinMarketCap. In May, Twitter users claimed that DeFi100 had engaged in a ‘rug pull,’ in which investors deposit money in phoney projects before the coin’s producers take the money. In one of its last tweets on May 23, DeFi100 refuted the charges. It stated it hoped to ‘put the initiative back on its feet,’ acknowledging that investors had lost money.  Coinbase also removed a page promoting Mercenary, a coin that, like DeFi100, was not available on Coinbase’s app or wallet. Mercenary was created in January and has already reached a peak of about $20. However, it plunged from just over $8 to a fraction of a cent in minutes on Jan. 26 and has not recovered since, according to CoinMarketCap data. PeckShield, a blockchain security startup, advised customers about Mercenary after it was struck by a rug grab on Jan. 26. It’s unclear when Coinbase initially appeared on Mercenary, but according to archival webpages, CoinMarketCap originally appeared on Jan. 15. When asked if Mercenary had been removed from CoinMarketCap’s system, the company did not react.  Coinbase has also pulled down a page for a coin named after Squid Game, which fell to nearly zero in November, according to cyber security experts. It wasn’t visible on the Coinbase app or wallet, either. Following the project’s demise, the SQUID token’s website and Medium account were promptly pulled offline and are now unavailable. The project’s account was also suspended by Twitter, which said it had broken the network’s regulations. SQUID’s developers announced their decision to abandon the coin on Telegram in November, claiming that ‘someone is attempting to attack our project.’

The post ‘Rug Pull’ Warnings Makes Coinbase Remove Crypto Links appeared first on Cryptoknowmics-Crypto News and Media Platform.

Team8’s Cybersecurity Report Underscores the Need for Smarter and More Resilient Security

(PRWeb February 08, 2022)

Read the full story at https://www.prweb.com/releases/vc_group_identifies_seven_cybersecurity_themes_for_2022/prweb18485075.htm

With the rise of Bitcoin’s network effects comes the equivalent demise in legacy finance’s network effects.

After eight years of guesses, discourse, and conflicting reports, China’s digital yuan CBDC made a rather low-key debut at the 2022 Beijing Winter Olympics on 4 February. Time to introduce “yuan” self Though China intended to make the introduction of the digital yuan a worldwide spectacle to showcase its fintech finesse, this wasn’t to be […]

The post Google Daydream’s Best Game is Getting a Sequel on Quest & PC VR Soon appeared first on Road to VR.

Crypto mining has been an environmental  issue that cant be over looked; World governments have tried to put a lid on it but still have an uphill battle as the popularity of crypto grows. Will crypto be mining be able to last if the technology still impacts the earth on high levels ? Or will it mold with the time and adapt with the land before governments continue to attack Crypto currency. Related Reading |Elevate Brands Offering Bitcoin Payouts on Coinbase Prime Crypto War With  Mining …   China has been in the for front of crypto bans and the war between the two parties only grows and gets more harsh. China slapped a ban on Bitcoin (BTC) mining, trading and crypto services,The Chinese government’s given reason for the Bitcoin crackdown is to reduce its well-documented climate impact. A-lot speculation on other to follow such as turkey and India but one thing we know is china is a huge influencer impact on the way some countries operate to have them ban this is only going to inspire more to follow. The problem with crypto mining is the carbon footprint it leaves on this planet and how it impacting the natural resources we have left.Currently, less than one-third of global electric power is sourced from renewables. If this share went fully toward cryptocurrency mining, perhaps it could lend it a semblance of sustainability, but it would be little more than a fig leaf.   BTC: BTC is currently the largest crypto BTC-USD on TradingView.com Grabbing At The Gold… After chinas ban it didn’t take long for the US to become one of the leaders in crypto mining with Russia and many to follow, This could stem from each countries hunger to become the world leader and first on the crypto train. The United States sprung at the opportunity created by the Chinese ban to become the world’s new mining hub. In Asia, Kazakhstan and Malaysia are ramping up mining operations, as are Germany and Ireland in Europe and Iran in the Middle East, according to recent stats. The effort to keep crypto mining chugging along is making for some very strange geopolitical bedfellows. Bitcoin was revolutionary when it came out in 2008. It paved the way to a new digital economy. Proof-of-work was a revelation in terms of decentralization and security, but its lack of efficiency presented us with a ticking time bomb. This bomb is going off now.   Finding a way to switch out the source and technology used to mine will help it stay alive we are watching and prolonging a demise that has been heaping for a while due to how aware and bug climate change is and the popularity and growth of crypto. Yes the United States is going hard but how long and when will they stop using coins like Bitcoin and look into more energy friendly  projects; we cant assure anything but only look at what’s happening around us as crypto gets big so will the demand and need that will keep mining going but also at war until a new solution is brought up. Related Reading |Cardano Whales Double Holdings In 10 Days. Will This Stop The Onslaught?  

Bitcoin is a return to sound money after the government overreach that led to the end of the gold standard.

Anshar 2: Hyperdrive revives one of modern VR’s oldest games through a Meta Quest remake, offering a fantastic dogfighter. Here's our full review