This Week in Crypto: Crypto's Legal Victories, Trojan Threats, and Salary in Bitcoin

Here's your weekly recap of the key events that shaped the crypto market this week. As of Friday, Bitcoin is trading at $84,048.78, Ethereum at $1,965.82, and the Fear & Greed Index indicates a sentiment of 27 - Fear.

‘Bitcoin Landfill Man’ Loses Appeal, Eyes Human Rights Case

James Howells, known for accidentally discarding a hard drive containing 8,000 BTC (worth around $670 million), has lost his appeal to search a landfill in the UK. The court ruled that his case had no "real prospect of success". Refusing to give up, Howells now plans to take his case to the European Court of Human Rights, arguing that his rights to property and a fair trial have been violated.?

EOS Network Rebrands to Vaulta, Focuses on Web3 Banking

In efforts to reposition itself, the EOS Network has rebranded as Vaulta. The new identity reflects the project's move toward Web3 banking, combining decentralized finance (DeFi) with traditional financial services. Vaulta plans to offer lending, borrowing, and asset management solutions to cater to both retail and institutional users.

Beware of ‘Cracked’ TradingView: A Crypto-Stealing Trojan

Security experts are warning users about a malicious, “cracked” version of TradingView, a widely used charting platform. This counterfeit software contains a trojan designed to steal cryptocurrency from traders. Once installed, the malware can access wallet credentials, putting users’ assets at serious risk. The advice is clear: download apps only from official sources and be cautious of pirated versions.

Brazilian Lawmaker Proposes Bitcoin Salary Regulation

A Brazilian federal lawmaker has introduced a bill that could allow workers to receive up to 50% of their salaries in Bitcoin. If approved, the legislation could make Brazil one of the first major economies to officially embrace crypto as part of its wage system. The proposal aims to modernize financial practices and encourage more investment in the country’s fintech sector.?

SEC Drops Case Against Ripple's CEO

The U.S. Securities and Exchange Commission (SEC) has decided to drop its lawsuit against Ripple Labs' CEO, Brad Garlinghouse. The case, which began in 2020, accused Ripple of conducting unregistered sales of XRP worth $1.4 billion. The decision is seen as a win for Ripple and the broader crypto industry, as it challenges the SEC’s approach to regulating digital assets.?

That wraps up this week’s #Tothemoon_Market_Update. Stay tuned for more insights next week!