drain

Stablecoins can drain from banks and countries at lightning speed

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Stablecoins can drain from banks and countries at lightning speed

Anyone who has sent a bank transfer overseas is familiar with the painful process of waiting for things like business hours, correspondent banks and settlement times. In many cases, strapping physical cash to a homing pigeon, or slapping it in an envelope and sending it via DHL will be faster, cheaper and more efficient. Stablecoins … Read more

New x47.c Windows botnet arms xAI Grok, AI API drain

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New x47.c Windows botnet arms xAI Grok, AI API drain

According to Qrator, a threat actor has sold access to a new Windows botnet that relies on AI to maintain persistence on infected hosts. Synchronized x47.cit is promoted by a threat actor called WraithTools as a provider of distributed denial of service (DDoS) and credential theft capabilities, SOCKS5 proxies, and an AI API drain method. … Read more