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🚀Time to keep your wallet safe from these pests!🐀

Enjoying the run so far, Geckos? Yesterday, DeFi hit a new milestone.  Today, the whole crypto industry did the same by reaching a total market cap of $1 trillion.  The previous all-time-high was in January of 2018 when it reached nearly $800 billion. In today's news, Bitcoin gets another all-time-high, Iran targets illegal crypto mining farms, and rats are stealing crypto.  Read on!

24h Hot Searches Worldwide 👀 RIF Token              (+87.2%)  yearn.finance       (+26.9%) Ferrum Network  (+28.3%) Matic Network     (+27.9%) Solana                   (+10.5%) xDAI Stake            (+43.4%) 1inch                     (+11.9%)

Sponsored Don't stop reading! It's important. This is your moment. This is when you finally decide you're going to do something with your money — make it work for you, instead of you working for it. You're ready to level up your game and take charge of your finances. Click the link below and start investing. You know about crypto. You believe in its potential. Time to make your knowledge count. Join eToro and grab the bull by the horns. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. Bitcoin Leads the Charge As we reach a $ 1 trillion market capitalization, head honcho Bitcoin (BTC) continues to fuel the fire as it reaches an all-time-high of $37k. Part of BTC's appeal could be attributed to the growing viewpoint that it represents a form of "digital gold". BTC is now more valuable than all but eight publicly traded companies, sitting between Tencent at $692.7 billion and Alibaba at $589.4 billion. CoinDesk Iranian Crypto Mining Farms Are Feeling the Heat Over the past 18 months, the Iranian authorities have been shutting down crypto mining who are operating without licenses.  The crackdown is closely linked to conserving power as miners abuse power subsidies and are fined as much as the loss they impose on the national grid. Since 2019, Iran has recognized cryptocurrency mining as a legitimate industry where all miners need to be registered with the relevant authorities. CoinDesk Rats Are Out to Steal Your Crypto According to Security firm, Intezer Lab, hot markets are incentivizing hackers to up their game and target more users.  A new and highly intrusive trojan virus (dubbed ElectroRAT) has been circulating for the past year which is used to empty thousands of cryptocurrency wallets. Three apps have been linked to the spread which are Jamm, eTrade/Kintum, and DaoPoker. CoinTelegraph

Derivatives Market A market for derivatives which are instruments such as futures or options whose value is derived from an underlying asset. Bitcoin is one of the most popular underlying asset for derivative instruments which range from options, futures to perpetual swaps. Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here Read more on CoinGecko

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