Avalanche (AVAX) has recorded a price increase of 4.21% today, July 21, to trade at $25, its highest price in two months. Because of these gains, AVAX price is now trading close to the resistance of a double bottom, and if it can make a strong move above this resistance, considering that network activity is
Cybersecurity firm Kaspersky revealed a YouTube crypto malware blackmail where attackers leverage the platform’s copyright strike system to coerce influencers into adding malicious links to their video descriptions.
These actions directed unsuspecting viewers to malware-infected downloads as YouTube content creators gave in to the blackmail.
Kaspersky Reveals SilentCryptoMiner
Kaspersky’s report reveals that hackers exploit the trust that YouTube influencers have built with their audiences, making this campaign particularly dangerous. It cites a malware campaign where cybercriminals distribute malware disguised as tools for bypassing digital restrictions.
Specifically, the hackers exploit copyright complaints, threatening and blackmailing YouTube content creators into promoting SilentCryptoMiner. SilentCryptoMiner is a sophisticated crypto-mining Trojan based on the popular open-source mining software XMRig.
According to the report, the malware mines cryptocurrencies such as Ethereum (ETH), Ethereum Classic (ETC), Monero (XMR), and Ravencoin (RVN). It also uses the Bitcoin blockchain to maintain control over botnets.
Over the past six months, Kaspersky has detected more than 2.4 million Windows Packet Divert driver instances. Reportedly, cybercriminals leverage these to manipulate network traffic. They present many tools as legitimate software solutions but contain hidden malicious payloads.
Dynamics of Windows Packet Divert detections. Source: Kaspersky
Once installed, the malware persists on a victim’s system, bypassing security measures and modifying critical system files.
In the report, Kaspersky highlights a case in which a YouTuber with 60,000 subscribers unknowingly helped distribute the malware. The creator initially posted videos demonstrating how to bypass certain online restrictions and included a link to a supposed restriction bypass tool.
However, the file was infected with SilentCryptoMiner. Later, they edited the infected video description to remove the link, replacing it with a warning stating that the program “does not work.”
“Next, the attackers threatened the content creators under the pretext of copyright infringement, demanding that they post videos with malicious links or risk shutdown of their YouTube channels. This way, the scammers were able to manipulate the reputation of popular YouTubers to force them to post links to infected files,” read an excerpt in the report.
Use of Copyright Strikes to Coerce YouTubers
In a more insidious move, hackers have also filed false copyright claims against YouTubers who refuse to cooperate. By threatening content creators with channel takedowns, cybercriminals have forced them into distributing the malware.
Cybersecurity experts warn that YouTube and other social media platforms may not be the only targets of such blackmail schemes. Bad actors could soon deploy similar tactics on Telegram and other messaging platforms where influencers engage with their communities.
Therefore, users should remain cautious when downloading software from unverified sources. What appear to be seemingly helpful tools can serve as a gateway for malicious activities. Meanwhile, this discovery comes just a month after Kaspersky exposed another major cybersecurity threat.
“Our experts have discovered a new data-stealing Trojan, SparkCat, active in the App Store and Google Play since at least March 2024. SparkCat leverages machine learning to scan image galleries, stealing cryptocurrency wallet recovery phrases, passwords, and other sensitive data hidden in screenshots,” the firm claimed.
This highlights the growing risks that cryptocurrency investors face. As YouTube influencers become prime targets for cybercriminals, blockchain intelligence platform Arkham has begun tracking their portfolios.
The new feature, dubbed “Key Opinion Leader (KOL) Label,” tracks the wallets of influencers with over 100,000 followers on X. This means investors can monitor whether influencers genuinely back the tokens they promote or if their endorsements are merely paid advertising. This highlights how influencers’ role extends beyond social media.
A death cross appeared on HBAR’s daily chart on April 14, signaling potential downside. However, the token has defied bearish expectations, rallying 20% over the past two weeks amid a broader market rebound.
While bullish momentum has cooled slightly in recent days, the bulls remain in control. If demand grows further, the HBAR token could be poised for more upside.
HBAR Bulls Stay in Control After Death Cross
A death cross occurs when an asset’s short-term moving average—typically the 50-day—crosses below its long-term moving average, usually the 200-day.
This crossover means the asset’s recent price momentum is weakening, and a longer-term downtrend may take shape. The pattern often signals increased selling pressure as traders usually interpret it as a marker of a negative shift in market sentiment.
However, this is not always the case, especially in volatile or recovering markets where price action can defy traditional technical signals. For instance, HBAR’s value rocketed 20% in the past two weeks.
Although the bullish momentum has eased slightly over the last three trading sessions, the bulls remain firmly in control. Readings from HBAR’s Moving Average Convergence Divergence (MACD) indicator confirm this.
While the bars that make up this indicator have diminished over the past three days—reflecting a slowdown in bullish momentum amid broader market consolidation—the MACD line remains above the signal line, indicating that buying pressure still prevails among traders.
This setup hints at the likelihood of further price gains despite the death cross.
HBAR Climbs Steadily—Will It Hold the Line or Slip Back to $0.15?
Since April 16, HBAR has traded along an ascending trend line, a bullish pattern formed when an asset consistently posts higher lows over time. This indicates growing investor confidence and sustained upward momentum, even amid short-term pullbacks.
For HBAR, this trend suggests buyers continue stepping in at increasingly higher price points, reinforcing support levels. If the trend holds, it could pave the way for further gains, especially if market sentiment remains positive.
HBAR’s price could break above the $0.19 resistance in this scenario and rally toward $0.23.
As Bitcoin gained momentum and marked a new ATH, the other altcoins also began to go parabolic. Some of them are gearing up to trigger a strong breakout, but the XRP price appears to remain restrained from the ongoing bullish trend. The price is closely consolidating below the pivotal resistance, which could point towards a breakout, but careful observation hints that the price rally could be restrictive, as suggested by a couple of on-chain data points.
The XRP price had been tightly consolidating below $1 for over a couple of years and triggered a massive breakout during Q4 2024. This was when the bulls, retail traders and whales all together pushed the price above $2. Since then, the price has remained consolidated between $2 and $3, failing to keep up with the growing market trends. The massive drop in the active addresses hints towards a sudden decrease in the users’ participation.
The drop in the active address hints towards a decrease in the number of traders contacting the network to perform a trade. This also indicates a drop in the volatility, which has kept the levels consolidated and prevented a breakout. On the other hand, Open Interest has also plunged, which was in recovery mode.
This suggests the traders are closing the futures positions either to take profits, cut losses or adjust their overall portfolio exposure. Moreover, some on-chain reports suggest the whales have off-loaded over 60 million XRP in the last 72 hours, which raises concern over the short-term price action.
Will XRP Price Fail to Reach $3?
The XRP price is closely consolidating but the token is accumulating gains between the range of 2018 and 2021 highs. Moreover, it has formed a massive bull flag and hence a breakout from the resistance could push the price into the discovery phase.
The rebound from the lows has not triggered a rebound with the RSI levels, which remain consolidated along the average range. This suggests the rally remains within a decisive phase and hence a rise in the RSI could eventually push the XRP price beyond the consolidated range; else a drop could drag the levels to the support close to $2 or slightly lower.
The post Altcoins Are About to Surge Dramatically—Why Is XRP Price Failing to Go Parabolic? appeared first on Coinpedia Fintech News
As Bitcoin gained momentum and marked a new ATH, the other altcoins also began to go parabolic. Some of them are gearing up to trigger a strong breakout, but the XRP price appears to remain restrained from the ongoing bullish trend. The price is closely consolidating below the pivotal resistance, which could point towards a …