Crypto
Cryptocurrency platforms need better clarity to avoid being a petri dish for antisemitism – opinion
Since the infamous October 7 attacks, antisemitism has exploded and adapted in its virus-like tendencies, finding new ways to achieve popularity by infecting and leeching onto other elements of emerging pop culture. Cryptocurrency, as explained below, is just the latest example.
As cryptocurrency platforms ascend in popularity, they must exercise better moral clarity to avoid becoming a petri dish for bigotry and violence, particularly against Jews.
Cryptocurrency remains a relatively new phenomenon, yet one that is becoming increasingly integrated into monetary markets around the world.
In 2021, El Salvador became the first country to adopt a cryptocurrency as legal tender when it embraced Bitcoin as a source of official currency. As Bitcoin has risen to prominence, other cryptocurrencies have emerged into the mainstream conscience, including meme coins.
While some meme coins are relatively harmless (such as the world-famous Dogecoin), others have sought to capitalize on blatant antisemitism, racism, and violence in their titles and accompanying thumbnails. Also concerning is that some of these coins are even receiving heightened exposure from large platforms such as pump.fun, which reportedly commands a net valuation estimated at over a billion dollars.
Pump has clear terms and conditions that prohibit abusive and obscene messages and reserve the company the right to remove such content. Nevertheless, it continues to platform it. Normalizing malign antisemitism, racism, and violence has severe and deadly consequences. As one of cryptocurrency’s largest trading platforms, Pump has a moral duty. It must discontinue its practice of capitalizing off tokens that normalize bigotry and violence.
According to Article 3.2 of Pump’s Terms and Conditions, users “must not post, upload or publish to the Pump Platform any abusive, defamatory, dishonest, or obscene message” and may face “termination of or restrictions on the availability of the Pump Platform” for any violations. Article 20.2 also affords Pump the “sole and absolute discretion to remove, modify, or reject any content.”
Despite having the mandate and authority to combat bigotry and promotions of violence on its platform, Pump is arguably helping monetize them. Many of its controversial tokens have achieved King of the Hill (KH) status. Tokens with KH status are tokens with the highest market cap. As a result, Pump rewards KH tokens with heightened visibility, featuring them on its homepage.
Tokens with antisemitic conspiracies
Many tokens that have appeared on Pump’s homepage with KH status include antisemitic themes and conspiracies. These include the following: “JewNazi” (accompanied by a thumbnail of a Star of David and a swastika inside), “Dirty F***ing Jew” (accompanied by a thumbnail of the Happy Merchant on a coin); “Jews did 911;” and “Jew” (captioned with Jews in Control).
Other tokens deploy Hinduphobic themes. One token, for example, titled “Jews vs. Hindus,” appears alongside a thumbnail of two Happy Merchants – one dressed in Jewish attire and the other in purported Hindu garb with a Nazi armband – chained to one another. The token is captioned with the following description: “They’re both literally the same, they s*** on everything, invade everything, destroy the economy and housing.”
Racism expressed against Black people is also prevalent throughout the platform. Multiple tokens explicitly invoke the “N-word,” and some call for the death of Black people or call upon users to “pump” tokens to kill them.
Other coins, such as “Monkey Wars,” employ other derogatory, anti-Black themes. Some coins even glorify the Ku Klux Klan, bearing thumbnails depicting a clansman alongside a description, “We are still here to protect you. Protect yourself and support us today.” The effect of these coins is clearly to gamify, glorify, and even normalize expressions of violence against black people.
Pump has also platformed tokens that appear to promote extortion and torture. One token, for example, reads, “LIVE REAL TORTURE UNTIL 100M MC (TORTURE).”
By allowing such tokens to feature on its platform, and occasionally on its very homepage, Pump has become tacitly complicit in promoting their obscene messaging. As one of the biggest cryptocurrency trading platforms, Pump must clear its portfolio once and for all of the bigoted and violent content, especially antisemitic vitriol, within its ranks.
The writer is an attorney and the director of policy education at StandWithUs, an international nonpartisan education organization that combats antisemitism and misinformation about Israel.
Crypto
Kaspersky uncovers OkoBot framework targeting crypto wallet users
Global cybersecurity firm Kaspersky has identified a malware framework called OkoBot that targets crypto users by stealing wallet seed phrases, credentials and other sensitive data through a collection of more than 20 malicious components.
The campaign, first identified in January 2026, has compromised hundreds of victims across more than 25 countries, with Brazil, Vietnam, Canada, Mexico and Türkiye among the most affected.
During the investigation, researchers found that attackers distribute the malware through ClickFix social engineering schemes and fake software downloads hosted on GitHub, allowing the framework to infect devices and deploy additional malware, including the Rilide browser stealer.
The framework consists of more than 20 payloads capable of stealing crypto wallets, harvesting credentials, recording video, downloading malicious browser extensions and executing remote commands.
Among OkoBot’s components are TookPS, which exfiltrates wallet seed phrases, OkoSpyware, which monitors Chromium-based browsers and records user activity, and SeedHunter, which injects malicious code into Trezor and Ledger wallet software to display phishing pages requesting recovery phrases.
Kaspersky said the campaign is still active and while its operators have not been identified, its techniques and code artifacts suggest links to Russian-speaking cybercriminals.
Crypto
‘Useless Plastic’: NSPK CEO Declares the End of Visa and Mastercard in Russia
Key Takeaways
- Mir cards captured 85% of Russia’s market as sanctions rendered Visa and Mastercard effectively useless.
- Remaining foreign cards will soon fail due to physical wear and the expiration of security certificates.
- Russia’s central bank announced a gradual phase-out for international cards without strict timeframes.
Mastercard and Visa ‘Absent’ from Russia as Cards Reach Expiration
As local options rise, the Russian card market is being increasingly driven by Mir alternatives after Mastercard and Visa, the two international credit giants, exited the country amid a sanctions push.
Dmitry Dubynin, CEO of the National Payment Card System (NSPK), stressed that international cards were absent from the Russian market, with local alternatives retaking almost all of the credit card market share.
“I would even say that Visa and Mastercard cards are effectively absent from the Russian market. Their cards no longer provide any value: they do not work abroad, there is no access to the loyalty programs of these payment systems, and so on,” said Dubynin in an interview with Expert magazine.
Dubynin compared these leftover cards to pieces of plastic bearing the logos of international companies that no longer operate in Russia, stressing that local support kept them operating.
He commented that eventually, these cards will fail as they endure wear and tear and their security certificates expire. Nonetheless, the NSPK is implementing measures to ensure its continued operation even under these circumstances.
“The share of cards issued by international payment systems continues to decline naturally. Today, nearly 85% of the market is accounted for by Mir cards, and that share will undoubtedly continue to grow,” Dubynin assessed.
Earlier statements by Alla Bakina, Director of the Bank of Russia’s National Payment System Department, who invited Visa and Mastercard to leave the country completely due to the lack of functionality of their cards, raised concerns among the population that still relied on these solutions.
Nonetheless, on July 2, central bank Governor Elvira Nabiullina disclosed that there would be no timeframes for their withdrawal, indicating that they would be phased out gradually.
Crypto
FBI arrests man accused of using Steam games to drain victims’ crypto wallets | TechCrunch
U.S. prosecutors have accused a Florida man of uploading fake video games that contained malware to Steam, the popular PC games platform. Once victims downloaded and installed the games, the malware was designed to infect their computers, steal their passwords and other data, and drain their crypto wallets, according to a criminal complaint.
On Tuesday, the FBI arrested Zyaire Wilkins, a 21-year-old Florida resident and student. On Wednesday, prosecutors accused him and a number of unnamed co-conspirators of hacking crimes. Over the past two years, Wilkins and his partners allegedly published several malware-laden video games on Steam, including BlockBlasters, Dashverse, Lampy, Lunara, and PirateFi. Using that malware, says the FBI, Wilkins and his accomplices infected around 8,000 victims, and then hacked around 80 cryptocurrency wallets to steal at least $220,000 worth of crypto.
Wilkins and the others marketed their malicious video games on Discord, LinkedIn, and Telegram, according to the authorities.
Wilkins’ lawyer did not respond to a request for comment.
In March, the FBI announced that it was investigating a hacker suspected of using malware-embedded video games published on Steam to hack victims. In the announcement, the bureau called for people who downloaded the malicious games, which included those named in this week’s complaint, to come forward and provide evidence to aid the investigation.
In the last year, Steam’s maker Valve has removed several video games from its platform after they were found to contain malware, including PirateFi. All the games were designed to look legitimate, to the point that players could install them and play them, but they all contained malware.
After the FBI identified another person involved in the crimes, according to the complaint, federal agents interviewed them. The unnamed person said they worked with other people to raise money to launch and market the malicious games in return for sharing some of the stolen cryptocurrency. The FBI identified a specific crypto account involved in the scheme, and then traced cryptocurrency payments made with that account to buy several gift cards, including for Uber Eats. After subpoenaing Uber, the feds were able to see that the gift cards were linked to an account that made deliveries to Wilkins, who went by the nickname Sibel.eth online, according to the complaint.
The feds then got a search warrant for Wilkins’ residence, where they seized his MacBook laptop, cellphones, other devices, and digital wallets. According to the complaint, he refused to speak or answer any questions.
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