WinRAR has released a patch for a zero-day vulnerability that allowed hackers to install malware and breach online crypto and stock trading accounts. Cybersecurity firm Group-IB discovered the vulnerability, which was exploited for four months. Hackers distributed weaponized ZIP archives on trading forums, disguising them as innocent files such as JPG images or PDF documents. Once extracted, the malware enabled threat actors to withdraw money from broker accounts. The patched vulnerability is addressed in WinRAR version 6.23, protecting crypto traders from these malicious attacks.

The online storage platform Dropbox has made changes to its storage plans after discovering that some users were utilizing the service for resource-intensive tasks such as crypto mining. Dropbox has transitioned from its unlimited Advanced plan to a metered storage plan, offering new users 15 terabytes of storage. This move comes as the company observed an increase in users consuming significantly more storage than genuine business customers. Dropbox identified crypto mining and other high-resource uses as the main culprits behind this surge. The decision is in line with similar policy changes made by Microsoft and Google.

SingularityNET and VeChain have joined forces to tackle the urgent issue of carbon emissions by leveraging the potential of AI and blockchainThink of blockchain as a digital ledger that records transactions in a transparent, tamper-proof way. It's a chain of transaction blocks linked chronologically. technology. By combining VeChain’s enterprise data with SingularityNET’s advanced AI algorithms, the partnership aims to automate manual processes and provide real-time data to optimize carbon emission output and minimize pollution. This collaboration showcases the synergy between AI and blockchainThink of blockchain as a digital ledger that records transactions in a transparent, tamper-proof way. It's a chain of transaction blocks linked chronologically., offering game-changing capabilities to industries and enterprises in their pursuit of sustainability.

Australian crypto exchange Independent Reserve has partnered with PayPal to offer an on-ramp for customers to fund their crypto accounts directly with fiat from their PayPal wallet. The partnership provides investors with more choice and mitigates the risks of increasing bank restrictions against crypto exchange payments. The collaboration marks the first example of a partnership between PayPal and a cryptocurrency exchange in the APAC region. Independent Reserve CEO Adrian Przelozny praised PayPal for taking a positive approach to the crypto industry, in contrast to the risk-averse stance of traditional banks.

In the second quarter of 2023, Exodus, a multichain wallet, reported a revenue decline of 4% year-over-year, amounting to $12.4 million. Despite the decrease, the company managed to reduce costs by 6%. The majority of revenue was generated through the exchange aggregation business, while fiat onboarding revenue experienced a significant increase of 220% compared to the previous year. The top assets traded during the quarter were Bitcoin, Tether, and EtherEther (ETH) is used to pay for computation and token swaps on Ethereum. Users "fuel" smart contracts and DApps with ETH.. Monthly active users decreased by 6%. Exodus also made strategic moves, including an integration with Robinhood Connect and support for Arbitrum, Optimism, and Matic staking.