What is Crocodilus malware?
Crocodilus is the latest in a string of Android crypto malware built to steal your cryptoassets.
Crocodilus is a sophisticated piece of malware that steals digital assets from Android devices. Named after crocodile references scattered throughout its code, Crocodilus targets Android 13 devices or later. The Android wallet malware utilizes overlays, remote access and social engineering to take over your device and drain your crypto wallet.
Fraud prevention firm Threat Fabric discovered Crocodilus malware in March 2025 and published detailed research on the new virus. As of April 2025, users in Spain and Turkey are the primary targets. Threat Fabric predicts Crocodilus will expand globally in the coming months.
How Crocodilus infects Android devices
Crocodilus’ primary method of infection is still unknown, but it likely follows a path similar to other malware.
What
Cheaper, faster, riskier — The rise of DeepSeek and its security concerns
Opinion by: Ahmad Shadid, CEO of O.xyz
The DeepSeek saga made it abundantly clear that cheaper AI models can offer breakthrough advantages. DeepSeek challenges traditional investments with low-cost, high-performance technology. Yet its rise brings serious risks.
The most concerning aspects of such models are data privacy and security issues. The fact that such advanced models can be developed at a fraction of the standard expense does boost innovation and investment prospects, but at what cost?
Cost-cutting AI models can create dangerous vulnerabilities, even if they democratize AI development. A recent Cisco study found that DeepSeek’s R1 model had a 100% attack success rate. In simple terms, the model failed to block a single harmful prompt. Why does security take a backseat during such innovation?
DeepSeek sparks AI frenzy in China
DeepSeek developers claim that its R1 chatbot costs a fraction of what rivals like OpenAI
Bitdeer secures $60M to boost Bitcoin ASIC production amid record hashrate
Bitcoin mining firm Bitdeer has secured a $60 million loan to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates.
According to its annual report, Bitdeer entered a loan agreement in April with affiliate firm Matrixport, a crypto financial services company founded by Bitdeer chairman Jihan Wu.
The facility offers up to $200 million, backed by Bitdeer’s Sealminer hardware, with a floating interest rate of 9% plus market benchmarks. As of April 21, Bitdeer had drawn $43 million from the credit line.
Source: Bitdeer’s Annual Report
The latest funding adds to a $17 million unsecured loan secured in January, alongside previous capital raises totaling $572.5 million via convertible notes in 2024. Bitdeer also issued over six million shares, raising nearly $119 million in equity markets this year.
Unpacking Mantra’s OM crash requires forensic study — CertiK exec
Mantra founder and CEO John Mullin has begun an $80 million burn of OM tokens to regain users’ trust following the token’s crash earlier in April. However, the question of the underlying reasons for the crash remains unanswered, blockchain investigators told Cointelegraph.
Unpacking Mantra’s OM crash would require a detailed forensic study rather than just basic blockchain analysis, said Natalie Newson, senior blockchain investigator at the blockchain security firm CertiK.
“A full forensic investigation, akin to what we saw post-FTX, would be needed to substantiate claims of calculated exploitation,” Newson told Cointelegraph, highlighting challenges of tracing over-the-counter (OTC) transactions.
Newson’s perspective on the OM crash came days after Mantra released its post-crash statement, asking centralized exchange partners to collaborate on further unpacking the incident.
Onchain activity versus opaque OTC deals
Addressing the OM token crash, Newson stressed the importance of distinguishing between public onchain activity
Bitcoin traders warn BTC price rally may stall at $90K
Bitcoin (BTC) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way.BTC/USD daily chart. Source: Cointelegraph/TradingView
Bitcoin price faces stiff resistance on the upside
Data from Cointelegraph Markets Pro and TradingView shows that the price has been steadily moving toward the $89,000 level over the last six hours, leading to questions about whether the barrier at $90,00 will finally give in.
XRP/USD hourly chart. Source: Cointelegraph/TradingView
“BTC is closing in on the big $ 90 K-$91 K horizontal area which acted as the previous range low,” said popular trader Daan Crypto Trades in
Crypto crime goes industrial as gangs launch coins, launder billions — UN
Organized crime groups across Southeast Asia have scaled their operations by exploiting cryptocurrency and launching their own coins, exchanges and blockchain networks to launder billions of dollars, according to a new report from the United Nations Office on Drugs and Crime (UNODC).
The report said criminal syndicates are no longer just using existing crypto infrastructure. Instead, they are actively building tailored financial ecosystems to evade detection.
One example cited in the report is the Chinese-language ecosystem and marketplace known as Huione Guarantee, now rebranded as Haowang, which has processed more than $24 billion in crypto linked to fraud over the past four years.
Value of crypto funds received by Huione Guarantee continues to rise. Source: UNODC
Headquartered in Phnom Penh, Cambodia, the platform has grown to more than 970,000 users and thousands of interconnected vendors.
“Concerningly, Huione has recently launched a range of its own cryptocurrency-related products, including a cryptocurrency
Crypto firms moving into Wall Street territory amid ‘growing synergy’
Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the growing synergy between crypto and traditional finance (TradFi).
“There’s a growing synergy between traditional financial investments and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange.
“Crypto players are now checking out traditional finance as they see the opportunity to bridge it,” Chen told Cointelegraph.
“The lines are blurring — investors want flexibility, and products that can straddle both worlds are naturally attractive,” Chen said. “Some players see TradFi as a safety net; others, like Bitget, see it as a launchpad for broader adoption.” She added:
“In a volatile market, integration is smarter than isolation.”
Related: Trump’s tariff escalation exposes ‘deeper fractures’ in global financial system
Chen’s comments come a week after crypto exchange Kraken launched access to 11,000
A guide to crypto trading bots: Analyzing strategies and performance
The cryptocurrency market has witnessed a surge in the adoption of automated trading solutions, with trading bots gaining prominence for their ability to analyze vast data sets and execute trades with precision.
Cointelegraph has dissected historical bot revenues and token price rollercoasters and backtested strategy returns against the buy-and-hold yardstick to decode what bots shine brightest — and when — so you can pick the perfect bot to match your style and stomach for risk.
We have examined three types of trading bots: Telegram bots trading on decentralized exchanges (DEX), non-Telegram bots trading on DEXs and on centralized exchanges (CEXs), and the recently evolving AI agent bots.
Choosing the right trading bot depends on the user’s goals, risk tolerance and experience. At a glance:
Telegram bots are ideal for fast, opportunistic trading like token launches and memecoins.
AI agent bots, such as ai16z or Virtuals, suit users who want hands-off automation and are comfortable with
Mixed sentiment as crypto funds see modest $6M inflows — CoinShares
Cryptocurrency exchange-traded products (ETPs) showed signs of recovery last week with minor inflows after shedding more than $1 billion in outflows in the previous two weeks.
Crypto investment products saw modest inflows of $6 million during the week of April 14–18, reflecting mixed investor sentiment, CoinShares reported on April 22.
“While the week began with minor inflows, stronger-than-expected US retail sales figures mid-week likely triggered outflows of $146 million,” CoinShares’ head of research James Butterfill wrote.
Weekly crypto ETP flows since late 2024. Source: CoinShares
Total assets under management (AUM) in crypto ETPs edged up 1.4% from roughly $129 billion as of April 11 to $131 billion as of April 18.
All US Bitcoin ETFs are red in April so far
According to the report, BlackRock’s iShares exchange-traded funds saw the biggest inflows last week at $182 million, while major issuers like Fidelity saw $123 million
Solana whale sits on $153M profit after 4-year staking play
A Solana address with over 1 million tokens is sitting on more than $153 million in profit after a four-year staking play on the crypto asset.
Blockchain analytics firm Lookonchain flagged the wallet address of a whale that staked nearly 1 million Solana (SOL) tokens in 2021. At the time of the staking, Solana tokens were worth around $27, which means the trader spent about $27 million to execute the play.
Four years later, the whale’s total staked Solana holdings have reached 1.29 million. With Solana appreciating to about $140, the whale’s holdings have increased in value to about $180 million.
On April 22, the whale started offloading a portion of the token stash to cash out on the gains. Lookonchain reported that the whale had unstaked 100,000 SOL tokens (about $14 million) and sent them to Binance. Sending tokens to crypto exchanges