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StilachiRAT malware: How it targets crypto wallets on Chrome

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What is StilachiRAT malware?

In November 2024, Microsoft Incident Response researchers uncovered a remote access Trojan (RAT) called StilachiRAT. This discovery highlights the evolving nature of cyber threats, with the malware combining multiple malicious functions into a single tool for maximum impact.

Designed to evade detection and exfiltrate sensitive data, StilachiRAT steals credentials and extracts and decrypts usernames and passwords stored in Google Chrome. It performs extensive system reconnaissance, collecting details such as operating system information, BIOS (Basic Input/Output System) serial numbers, camera presence and active remote desktop protocol (RDP) sessions. 

With a focus on stealing cryptocurrencies, StilachiRAT scans for up to 20 crypto wallet extensions within Chrome, including those from Coinbase, Fractal, Phantom, Manta and Bitget. It also monitors clipboard activity and running applications, specifically looking for sensitive information like passwords and private keys.

Although Microsoft has yet to attribute StilachiRAT to a specific threat actor or region, current observations indicate that it is not yet widely distributed as of March 2025. However, its advanced capabilities make it a significant cybersecurity concern.

Did you know? In November 2024, Microsoft Threat Intelligence found a North Korean hacking group called “Sapphire Sleet” involved in cryptocurrency theft and corporate espionage.

How hackers trick users into installing StilachiRAT

Hackers employ various deceptive tactics to trick users into installing malware like StilachiRAT using multiple vectors.

Such tactics include:

Phishing emails: Attackers have been using phishing emails to trick recipients into opening malicious attachments or clicking on harmful links, leading to RAT malware installation. For instance, in November 2024, scamsters sent phishing emails targeting self-hosted help desk software for the delivery of AsyncRat, PureLog Stealer and XWorm RATs.Fake browser extensions: Cybercriminals develop counterfeit browser extensions that mimic popular ones. When users install these malicious extensions, they unknowingly introduce malware like StilachiRAT into their systems. ​Malicious downloads: Users may inadvertently download StilachiRAT by accessing compromised websites or downloading software from untrustworthy sources. These downloads can be bundled with malicious code that executes upon installation.Exploit kits: Attackers utilize exploit kits to target software vulnerabilities, delivering RATs like StilachiRAT without user interaction. ​Exploit kits enable hackers to automatically manage and deploy exploits against a target computer.Brute-force RDP attacks: Cybercriminals attempt to gain unauthorized access by systematically guessing remote desktop protocol (RDP) credentials, allowing them to install malware remotely. ​USB droppers: Attackers distribute infected USB drives that automatically install malware when connected to a system. ​Drive-by downloads: Visiting compromised or malicious websites can result in automatic malware downloads without the user’s knowledge.Fake applications and social media links: Scammers may disguise StilachiRAT as legitimate applications or share them through deceptive links on social media platforms, tricking users into installation. ​

Did you know? In cybersecurity, the term “zero-day vulnerability” is an unknown security flaw in software or hardware. Because the developer is unaware of it, no patch or preventative measures are available to address it.

How does StilachiRAT steal crypto wallet data?

Designed to bypass traditional security measures, StilachiRAT functions in multiple layers. Understanding its methods, from initial infection to data extraction, is crucial for protecting your digital assets from this potentially devastating threat.

Targeting specific digital wallets

StilachiRAT focuses on a set of designated cryptocurrency wallet extensions for the Google Chrome browser. It accesses the configurations in the following registry key and checks if any extensions are present. 

SOFTWAREGoogleChromePreferenceMACsDefaultextensions.settings

StilachiRAT specifically targets the following cryptocurrency wallet extensions:

Stealing credentials

StilachiRAT obtains Google Chrome’s encryption key from the local state file within the user’s directory. Nevertheless, as this key is initially encrypted when Chrome is installed, the malware uses Windows APIs to decrypt it based on the current user’s context. This enables it to access saved credentials stored in Chrome’s password vault. Extracted credentials originate from the following locations: 

%LOCALAPPDATA%GoogleChromeUser DataLocal State, which holds Chrome’s configuration data, inclusive of the encrypted key %LOCALAPPDATA%GoogleChromeUser DataDefaultLogin Data, which preserves user credentials input into Chrome. 

The “Login Data” file constitutes an SQLite database, and the malware extracts credentials using a defined database query.

Command-and-control

Scammers use “command-and-control” to launch commands like system reboot, credential theft, log clearing, executing applications and manipulating system windows to the malware. They have access to a wide range of commands for espionage, including enumerating open windows, modifying Windows registry values and suspending the system.

The command-and-control server has two configured addresses. One is obfuscated, while the other is an IP address in its binary format rather than a regular string. For communications, a channel is established using TCP ports 53, 443 or 16000.

StilachiRAT confirms the presence of “tcpview.exe” and halts its execution. It would also postpone the initial connection by two hours to avoid detection. Once the connection is established, the malware transmits a roster of active windows to the server. 

Observing RDP sessions

StilachiRAT observes RDP sessions by recording window details and replicating security tokens to assume user identity. For RDP servers hosting administrative sessions, this is a significant threat.

The malware could capture the active session while dynamically initiating foreground windows. Through this process, it could also enumerate all remaining RDP sessions. To acquire permissions for each identified session, it would access the Windows Explorer shell and make a copy of the security tokens or privileges. It uses the acquired permissions to launch applications.

Collecting user data and monitoring clipboard

StilachiRAT gathers diverse user data, including software installation logs and running applications. It observes active graphical user interface (GUI) windows, their title bar text, and file path and transfers the data to the command-and-control server. Access to this data enables scammers to monitor user actions.

The malware also has the ability to observe clipboard data. It can read the clipboard, use search patterns to extract text, and transfer this data to the server. Using this feature, scamsters can launch dedicated searches for passwords, cryptocurrency keys and potentially personal identifiers.

Did you know? While Google Chrome is available on macOS, its data storage and system integration are handled differently. MacOS neither uses a Windows registry nor follows the same file system structure or API conventions.

How does StilachiRAT evade detection?

Scammers can launch StilachiRAT as a Windows service or a standalone component. Regardless of the version in use, there is a system in place to ensure the security mechanism doesn’t remove the malware. 

Role of observer thread

StilachiRAT has an observer thread that monitors the “EXE” and dynamic link library (DLL) files used by the malware. In case the files are missing, they are recreated using an internal copy obtained during initialization. The thread could also recreate the Windows service component by making the necessary modifications in the relevant registry settings and restarting it. 

Removal of event logs and looping checks

To avoid detection, StilachiRAT removes event logs and performs continuous checks for analysis tools and sandbox timers that might block its full activation in virtual environments. It also obfuscates Windows API calls and encodes text strings and values using a custom algorithm, slowing down malware detection software.

StilachiRAT employs advanced API-level obfuscation techniques to hinder manual analysis. For example, instead of directly referencing Windows APIs like RegOpenKey(), the malware encodes API names as checksums, which are dynamically resolved at runtime, adding complexity to its concealment strategies.

The malware also prevents memory scans from detecting API references. It stores precomputed API checksums in multiple lookup tables, each with a specific XOR value. When executed, StilachiRAT selects the appropriate table based on the hashed API name and applies the correct XOR mask to decode the value. Additionally, cached function pointers are masked with another XOR value, making it difficult for direct memory scans to identify them.

How to mitigate malware like StilachiRAT from affecting your device

RATs may disguise themselves as legitimate software or updates. To minimize risk, it is important to download software directly from the official developer’s website or trusted sources. Use secure web browsers, which can detect and block phishing sites, scams and malware-hosting pages.

Organizations must use software that scans and rewrites email URLs, preventing phishing attacks. Safe attachments are another useful feature that provides an extra layer of protection by scanning email attachments for threats.

You need to activate network protection to block access to malicious websites and online threats. Before implementing the feature, audit the network protection feature in a test environment to identify any applications that may be affected.

The Microsoft report recommends organizations activate safe links and safe attachments within Office 365 to defend against harmful links and attachments in phishing and related attacks; operate endpoint detection and response systems in block mode; enable protections in Microsoft Defender against potentially unwanted applications (PUAs); and only use web browsers that support functionalities for automatically detecting and preventing malicious websites.

Real-time threat intelligence reduces the attack scope and empowers security teams to formulate detection protocols, modify network surveillance, and block malicious domains or actions before a comprehensive attack. Considering StilachiRAT’s evasive nature and capacity to steer clear of forensic analysis, timely detection is important to deter any damage.

Did you know? In February 2025, Bybit, a cryptocurrency exchange located in Dubai, experienced a record-breaking $1.5-billion loss due to a significant security breach, marking the largest crypto theft recorded.

Signs your device is infected with StilachiRAT

Although StilachiRAT is designed to be elusive, there are red flags that can signal its presence. 

It’s crucial to identify these signs and take action before it’s too late.

Unusual system behavior: Your device may run slower than usual, crash unexpectedly, or experience frequent freezes.Unauthorized access: Suspicious logins to online accounts or unexplained password changes could indicate credential theft.Increased network activity: StilachiRAT communicates with remote servers, which might result in abnormal data usage or network slowdowns.Unexpected pop-ups or applications: You may see unfamiliar software, browser extensions or unauthorized changes in settings. Clipboard and browser issues: If you discover copied text or cryptocurrency wallet addresses to be altered, it is a sign that the malware may be manipulating clipboard data.

How to remove StilachiRAT malware from your device

StilachiRAT’s presence on your device is a threat to your crypto holdings. To remove StilachiRAT from your device, follow these steps:

Disconnect from the internet: This prevents the malware from communicating with remote servers, sending data or receiving instructions.Run a full security scan: Use a trusted antivirus or anti-malware tool to remove StilachiRAT. To be doubly sure, you could use more than one.Uninstall suspicious programs: Uninstall any suspicious or unknown applications from your system settings.Remove malicious browser extensions: Check your browser for unfamiliar extensions, especially in Google Chrome, and delete them.Reset system settings: Reset browser settings to remove lingering threats. You can generally find the option in the device’s settings menu.Update software and security patches: Keep your operating system and applications upgraded to prevent reinfection.Enable real-time network protection: Turn on an anti-malware solution that activates network protection for future security.

Best practices for securing crypto wallets on Chrome

Protecting your cryptocurrency on Chrome requires proactive measures. Below is a detailed breakdown of how to secure your crypto wallets on Chrome.

Select a secure wallet extension

Extensions like MetaMask and Trust Wallet stand out for their security features and wide adoption. However, make sure you download the extension from the official Chrome Web Store and not some suspicious platform that might be set up by the scammers. Before installing any extension, thoroughly research its developer, read reviews, and check for any security concerns.

Implement strong security practices

To protect yourself from malware, you need to implement strong security practices:

Unique passwords: Use strong, unique passwords for your wallet and Chrome account and avoid reusing passwords across different services.Two-factor authentication (2FA): Enable 2FA for your wallet and Chrome account to add an extra layer of security.Keep wallet extensions updated: Keep your Chrome browser and wallet extensions updated to the latest versions to patch any security vulnerabilities.Secure your device: Protect your device with strong anti-malware software and firewalls.Check for phishing: Use tools like Wallet Highlighter to scan for suspicious wallet addresses on web pages. Never click on suspicious links or download software from untrusted sources.

Key measure for secure wallet management

Keeping with the following best practices for wallet management may help in keeping your crypto assets secure:

Back up your seed phrase: If your wallet uses a seed phrase (also known as a mnemonic or recovery phrase), write it on a piece of paper and store it in a safe place.Use a password manager: To store and manage your wallet passwords securely, use a password manager.Regularly review transactions: Monitor your wallet activity regularly and check for any unauthorized transactions.Be cautious with DApps: Only interact with trusted and reputable decentralized applications (DApps).

Securing your cryptocurrency wallet on Chrome requires a multi-layered approach. By diligently implementing strong password practices, enabling 2FA, carefully vetting browser extensions and maintaining up-to-date software, you can significantly mitigate the risks associated with online wallet usage. Staying informed about emerging cyber threats and consistently following best practices could help safeguard your digital assets.

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Crypto trader turns $2K PEPE into $43M, sells for $10M profit

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A savvy cryptocurrency trader reportedly turned $2,000 into more than $43 million by investing in the memecoin Pepe at its peak valuation, despite the token’s extreme volatility and lack of underlying technical value.

The trader made an over 4,700-fold return on investment on the popular frog-themed Pepe (PEPE) cryptocurrency, according to blockchain intelligence platform Lookonchain.

“This OG spent only $2,184 to buy 1.5T $PEPE($43M at the peak) in the early stage. He sold 1.02T $PEPE for $6.66M, leaving 493B $PEPE($3.64M), with a total profit of $10.3M(4,718x), Lookonchain wrote in a March 29 X post.

Source: Lookonchain

The trader realized over $10 million in profit despite Pepe’s price falling over 74% from its all-time high of $0.00002825, which it reached on Dec. 9, 2024, Cointelegraph Markets Pro data shows.

PEPE/USD, all-time chart. Source: Cointelegraph Markets Pro

Memecoins are considered some of the most speculative and volatile digital assets, with price action driven largely by online enthusiasm and social sentiment rather than fundamental utility or innovation.

Still, they’ve proven capable of generating life-changing returns. In May 2024, another early Pepe investor turned $27 into $52 million — a 1.9 million-fold return — according to onchain data.

Related: $1T stablecoin supply could drive next crypto rally — CoinFund’s Pakman

Memecoins are stealing the spotlight from altcoins

Despite their intrinsic lack of utility, memecoins continued to steal the spotlight from more established cryptocurrencies, Stella Zlatareva, dispatch editor at digital asset investment platform Nexo, told Cointelegraph:

“High-beta, i.e., volatile tokens, are stealing the spotlight. Case in point, memecoins surged 5.6% on average, with DOGE, PEPE, and FLOKI responding to rate cut optimism and broader crypto strength.”

Top 100 cryptocurrencies, weekly performance. Source: Cryptobubbles

While investor demand for memecoins has surged, it may also be siphoning capital from more established assets. For example, Solana (SOL) has fallen more than 51% since the launch of the Official Trump (TRUMP) token in January, according to Cointelegraph data.

Related: Friday’s US inflation report may catalyze a Bitcoin April rally

Memecoins “don’t tend to draw in much external capital flow; instead existing eco-system capital ‘round-robins’ from one meme to the next,” Dan Hughes, founder of the decentralized finance platform Radix, told Cointelegraph, adding:

“Even in the case of TRUMP, most of the inbound liquidity was outflow from other crypto assets, people selling their crypto portfolio to buy TRUMP in extreme FOMO [fear of missing out].”

SOL/USDT, 1-day chart. Source: Cointelegraph/TradingView

Insider scams and fraudulent activity have plagued the memecoin industry, and US regulators are taking note. On March 5, New York lawmakers introduced a bill aimed at protecting crypto investors from rug pulls and similar insider scams shortly after the scandal around the Libra (LIBRA) token, which was endorsed by Argentine President Javier Milei.

Magazine: Memecoins are ded — But Solana ‘100x better’ despite revenue plunge

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Is XRP price around $2 an opportunity or the bull market's end? Analysts weigh in

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XRP (XRP) has dropped nearly 40% to around $2.19, two months after hitting a multi-year high of $3.40. The cryptocurrency is tracking a broader market sell-off driven by President Donald Trump’s trade war despite bullish news like the SEC dropping its case against Ripple.

XRP/USD daily price chart. Source: TradingView

However, XRP is still up 350% from its November 2024 low of $0.50, suggesting a consolidation phase after a strong rally. This sideways action has sparked discussions over whether it’s the end of the bull run or a prime buying opportunity.

No buying opportunity until XRP falls further

XRP has been consolidating between $1.77 (support) and $3.21 (resistance) since January, with repeated rejections near the top of the range and fading bullish momentum.

According to analyst CrediBULL Crypto, XRP’s recent bounce attempt stalled below $2.20, reinforcing bearish control. He now expects the price to revisit the range lows around $1.77 for a potential long entry.

XRP/USD four-hour price chart. Source: TradingView

The rectangle-shaped green support area on the chart extends as low as $1.50, signaling a high-demand zone where bulls could step in.

A short-term marketwide bounce—led primarily by Bitcoin (BTC)—could trigger a temporary recovery, argues CrediBULL, emphasizing that only a clean breakout above $3.21 would confirm a bullish trend reversal.

Until then, XRP remains in a sideways structure, with CrediBULL’s strategy focused on watching for reactions at the $1.77 support level before committing to a long position.

Source: X

XRP bull flag may lead to 450% price rally

CrediBULL highlighted XRP’s sideways range between $1.77 and $3.21 as a consolidation zone, waiting for a clear breakout to confirm the next trend. Interestingly, that very range may be forming a bull flag, according to analyst Stellar Babe.

XRP/USD weekly price chart. Source: TradingView/Stellar Babe

A bull flag forms when the price consolidates inside a parallel channel after undergoing a strong uptrend. It resolves when the price breaks above the upper trendline and rises by as much as the previous uptrend’s height.

Related: XRP price may drop another 40% as Trump tariffs spook risk traders

Stellar Babe’s analysis notes that If XRP breaks above the flag’s upper boundary range at $3.21. Its projected target, based on the height of the flagpole, is around $12, up around 450% from current prices.

XRP’s five-year channel hints at rally to $6.50

XRP is currently consolidating within a long-term bullish structure, according to a recent analysis by InvestingScoope.

The chart shows XRP trading inside a five-year ascending channel, with the current move resembling the March 2020 to April 2021 rally based on price behavior and momentum indicators.

XRP/USD weekly price chart. Source: TradingView/InvestingScoope

Despite the pullback, the broader bullish cycle stays intact as long as XRP holds above the 50-week moving average (1W MA50).

InvestingScoope notes that this phase mirrors March 2021, which preceded a strong breakout. If the pattern continues, XRP price could be preparing for its next leg up with a potential target of $6.50 in the months ahead.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Stablecoin rules needed in US before crypto tax reform, experts say

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United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts.

“In my view, tax isn’t necessarily the priority for upgrading US crypto regulation,” according to Mattan Erder, general counsel at layer-3 decentralized blockchain network Orbs.

A “tailored regulatory approach” for areas including securities laws and removing “obstacles in banking” is a priority for US lawmakers with “more upside” for the industry, Erder told Cointelegraph.

“The new Trump administration is clearly all in on crypto and is taking steps that we could have only dreamed about a few years ago (including during his first term),” he said. “It seems likely that crypto regulation will be able to have it all and get much more clear and rational regulation in all areas, including tax.”

Still, Erder noted there are limits to what President Donald Trump can accomplish through executive orders and regulatory agency action alone. “At some point, the laws themselves will need to change, and for that, he will need Congress,” he said.

Trump’s March 7 executive order, which directed the government to establish a national Bitcoin reserve using crypto assets seized in criminal cases, was seen as a signal of growing federal support for digital assets.

Related: Trump turned crypto from ‘oppressed industry’ to ‘centerpiece’ of US strategy

Debanking concerns remain

Despite the administration’s recent pro-crypto moves, industry experts say crypto firms may continue to face difficulties with banking access until at least January 2026.

“It’s premature to say that debanking is over,” as “Trump won’t have the ability to appoint a new Fed governor until January,” Caitlin Long, founder and CEO of Custodia Bank, said during Cointelegraph’s Chainreaction daily X show.

The Crypto Debanking Crisis: #CHAINREACTION https://t.co/nD4qkkzKnB

— Cointelegraph (@Cointelegraph) March 21, 2025

Industry outrage over alleged debanking reached a crescendo when a June 2024 lawsuit spearheaded by ​​Coinbase resulted in the release of letters showing US banking regulators asked certain financial institutions to “pause” crypto banking activities.

Related: Bitcoin may benefit from US stablecoin dominance push

Stablecoin legislation could unlock new growth

David Pakman, managing partner at crypto investment firm CoinFund, said a stablecoin regulatory framework could encourage more traditional finance institutions to adopt blockchain-based payments.

“Some of the potentially soon-to-pass legislation in the US, like the stablecoin bill, will unlock many of the traditional banks, financial services and payment companies onto crypto rails,” Pakman said during Cointelegraph’s Chainreaction live X show on March 27.

“We hear this firsthand when we talk to them; they want to use crypto rails as a lower-cost, transparent, 24/7, and no middleman-dependent network for transferring money.”

The comments come as the industry awaits progress on US stablecoin legislation, which may come as soon as in the next two months, according to Bo Hines, the executive director of the president’s Council of Advisers on Digital Assets.

The GENIUS Act, an acronym for Guiding and Establishing National Innovation for US Stablecoins, would establish collateralization guidelines for stablecoin issuers while requiring full compliance with Anti-Money Laundering laws.

Magazine: SEC’s U-turn on crypto leaves key questions unanswered

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