American Crisis Report

Investing in Cryptocurrency: What You Need to Know

Cryptocurrency is a digital asset designed to function as a medium of exchange using cryptography to secure transactions, control the creation of additional units, and verify the transfer of assets. Decentralized and not subject to government or financial institution control, cryptocurrency is becoming increasingly popular amongst both individual users and businesses.

Crypto tokens are a popular form of cryptocurrency, a digital form of currency which is secured by cryptography, making it almost impossible to counterfeit or manipulate. Transactions with cryptocurrencies are becoming increasingly common and with it comes the need to be aware of the tax implications.

The threat of cybercrime against cryptocurrency firms is a real and concerning issue. Recently, there have been attacks utilizing the Parallax RAT malware, which grants attackers remote access to victim machines with features to upload and download files, record keystrokes and screen captures, access data stored in the clipboard, and even remotely reboot or shut down the machine.[0]

Facebook, Twitter and email are the most commonly used platforms for cryptocurrency-related communication. Cybercriminals often use coded language and alternative spellings to communicate, making it difficult for law enforcement and security researchers to monitor and track criminal activity.[0]

If you are interested in investing in cryptocurrency, it is important to be aware of the risks involved. Contact a professional financial advisor and make sure to stay up to date with the latest news and updates by subscribing to daily email updates.[1]

0. “Parallax RAT Targeting Cryptocurrency Firms with Sophisticated …”, 10 Mar. 2023,

1. “Cryptocurrency firms subjected to Parallax RAT attacks | SC Media”, 10 Mar. 2023,

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