First seen in Turkey in March 2025, Crocodilus is now active in countries like Poland, Spain, Brazil, Argentina, India, Indonesia, and the U.S., signaling a global expansion that concerns both banks and crypto holders alike.

Fake Apps, Real Intrusions

In Poland, attackers used Facebook ads to lure users with bogus loyalty app promotions. These ads—targeted at users over 35—redirected victims to malware-hosting sites. Once installed, the Trojan bypassed Android 13 restrictions and deployed its attack mechanisms.

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In Spain, Crocodilus disguised itself as a browser update. Once on a device, it overlays fake login pages on top of real banking and crypto apps, harvesting sensitive credentials. It even inserts fake “Bank Support” contacts into user phonebooks to aid social engineering efforts.

Crypto Wallets Under Direct Attack

The most alarming upgrade is Crocodilus’ new ability to automatically extract seed phrases and private keys from infected devices. Equipped with advanced parsing modules, the malware can quickly hijack wallet access with remarkable precision.

To avoid detection, the latest variant uses deep obfuscation techniques like XOR encryption and intentionally complex logic, making reverse engineering a challenge for security teams.

Smaller campaigns have also been seen targeting crypto mining apps and digital banks in Europe—highlighting the malware’s growing focus on crypto users.

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According to the official announcement, Binance has stated that, in order to comply with EU regulatory requirements, it will adjust cryptocurrency deposit and withdrawal processes for users in Poland and Belgium starting from January 20, 2025.

Under the new regulations, deposit transactions exceeding €1,000 (or the equivalent currency) will require sender information, while withdrawals of any amount will require recipient details, including full name, country, and (if applicable) the exchange name. If users fail to provide the necessary information, transactions may be delayed or returned.

Changes in Cryptocurrency Deposit and Withdrawal Processes

Deposits to Binance (for transfers exceeding €1,000 or equivalent in other currencies): Users will be required to provide sender information when receiving funds.

Withdrawals from Binance: Users will need to provide recipient information when sending any amount of cryptocurrency.

Users will see a pop-up message prompting them to provide additional information about the sender or recipient while carrying out deposit or withdrawal transactions.

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The post Binance to Request Additional Information from Belgian and Polish Users appeared first on Coin Engineer.

Poland: A Rising Star in the Cryptosphere

Organizers aim to showcase Poland’s potential as a major crypto hub. The country boasts a highly skilled developer pool, attracting prominent blockchain brands to establish hubs within its borders. Numerous blockchain projects and communities will host side events throughout Polish Blockchain Week, complementing the main event, Next Block Expo Warsaw 2024.

Connecting Industry Leaders at Next Block Expo

The 4th edition, held at Multikino Złote Tarasy, gathers over 2,000 industry enthusiasts, 140+ renowned speakers, and 30+ cutting-edge web3 brands for a 2-day exploration of the latest blockchain trends and predictions. Speakers include representatives from the world’s largest investment funds, such as Miko Matsumura (gumiCryptos) and Robby Yung (Animoca Brands).

Polish Blockchain Week: A Celebration of Web3

Polish Blockchain Week is a first-of-its-kind event, transforming Warsaw into a week-long crypto hub. Expect conferences, meetups, workshops, and parties curated by leading blockchain communities and projects. Thousands of web3 enthusiasts will gather to connect, learn, and be inspired.

Dedicated Developer Stage in Collaboration with Degen House

NBX has a history of being developer-friendly. This year, a dedicated developer stage, prepared in collaboration with Degen House, offers exclusive workshops and talks tailored for blockchain enthusiasts and builders. Attendees gain valuable insights into industry-leading projects and expand their professional networks.

Movie Premiere: Highlighting the Power of Bitcoin

The 4th edition coincides with Bitcoin’s halving, a significant event that occurs every 4 years. To mark this occasion, attendees will enjoy a special screening of an educational film about Bitcoin’s importance and the upcoming May 2024 halving.

Diverse Program: DeFi, Metaverse, NFTs, and More

As the industry evolves, NBX remains a hub for innovation, connecting pioneers and game-changers in the web3 space. NBX Warsaw 2024 features a comprehensive program with presentations, keynotes, roundtable discussions, and workshops. Expect in-depth talks on DeFi, Metaverse, NFTs, Gaming, Privacy, Scaling, Exchanges, Venture Capital, Fundraising, Legal/Tax, Payments, Security, and Marketing.

Unparalleled Networking Opportunities

NBX provides exceptional networking opportunities, allowing attendees to connect directly with industry leaders, potential partners, and collaborators. All attendees receive access to the NBX app for scheduling one-on-one meetings within a dedicated networking zone.

NBX Awards: Recognizing Excellence in Web3

The event culminates in the NBX Awards ceremony, recognizing outstanding projects and innovative concepts across 8 web3 categories.

Join Next Block Expo 2024

Visit https://polishblockchainweek.com/ for more details, press inquiries, or to register for Next Block Expo 2024.

About Next Block Expo

Next Block Expo (NBX) – The Blockchain Festival of Europe is a leading European web3 event, held in Berlin and Warsaw. NBX unites experts, developers, investors, traders, and regulators, fostering unparalleled tech-enabled networking opportunities.

The post Next Block Expo 2024: Elevating Europe’s Crypto Hub in Warsaw, Poland appeared first on Coin Engineer.

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Heroes of Mavia is the top free mobile game in China for Android devices and is the number one game on the Google Play store in Nigeria. It also ranks high in the Apple App Store in Poland, Finland, and Canada.

The blockchain-based game project is notable for the $2.5 million investment and $100 million valuation that Skrice Studios raised two years ago in a round led by Crypto.com Capital. Binance Labs led a $5.5 million seed round in 2021. The company, which has raised a total of $9 million, announced that the Heroes of Mavia token will start trading on exchanges such as Bybit, KuCoin, and HTX.

This success shows that blockchain-based game projects are attracting increasing attention from investors and that projects like Heroes of Mavia are gaining a significant foothold in the industry.

The post Binance Labs Backed Project Announces New Airdrop! appeared first on Coin Engineer.