Coinbase News: Sophisticated StilachiRAT Malware Targets Popular Crypto Wallets Including Coinbase and MetaMask

A recent warning issued by Microsoft highlights the emergence of a sophisticated malware named StilachiRAT, which is specifically targeting popular crypto wallets, including Coinbase and MetaMask. Here’s a closer look at this developing threat to the cryptocurrency community.

Microsoft Warns of StilachiRAT Malware Targeting Coinbase and MetaMask Crypto Wallets

Microsoft has issued a warning about a sophisticated malware named StilachiRAT specifically targeting crypto wallets. The malware, capable of bypassing security systems, threatens 20 of the most popular crypto wallets, including Coinbase and MetaMask. It operates as a remote access Trojan (RAT) and primarily targets users of the Google Chrome extension who own crypto wallets. The malware uses sophisticated techniques to evade detection, persist in the target environment, and exfiltrate sensitive data.

Coinbase Launches KYC Verified Pools to Enhance DeFi Adoption

Coinbase has introduced Verified Pools, a Know-Your-Customer (KYC)-verified liquidity pool aimed at bolstering DeFi adoption while mitigating counterparty risks. This initiative offers institutional and retail traders compliant access to on-chain liquidity. Verified Pools allow users to connect their wallets to a Coinbase Verifications credential, acting as a trust badge before interacting with liquidity pools. Coinbase CEO Brian Armstrong emphasized the importance of regulatory approvals for certain digital assets and noted that Verified Pools establish a new standard for compliant DeFi engagement.