polyswarm PolySwarm (NCT)

25.00% (24H)
Market CapVolumeAvailable Supply
$8.85 M$39,0161.55 B NCT

PolySwarm current price is $0.00573 with a marketcap of $8.85 M. Its price is 25.00% up in last 24 hours.

PolySwarm in 60 Seconds. Polyswarm is a decentralized threat intelligence market made possible by Ethereum smart contracts and blockchain technology. Polyswarm incentivizes rapid innovation in the $8.5B/yr anti-virus and automated cyber threat intelligence space with precise economic incentives that reward timely and accurate threat intelligence concerning the malintent of files, network traffic and URLs. PolySwarm defines a real-time threat detection ecosystem involving enterprises, consumers, vendors and geographically-diverse security experts. Experts develop and hone competing “micro-engines” that autonomously investigate the latest threats, attempting to outperform their competition. PolySwarm’s “Proof of Work” is threat detection accuracy: the market rewards experts who are best able to defend enterprises and end users. Relative to today’s ad hoc market, PolySwarm will lower the barier to entry, provide broader coverage options, discourage duplicative effort and ensure interoperability among products and threat intelligence feeds. Economically, PolySwarm functions as a skill-required twist on a prediction market2 with thousands of micro-engines (“workers”) investigating the latest in malware evolution at machine speed - no human in the loop. PolySwarm will be developed by Swarm Technologies, Inc. (“Swarm Technologies”) with funding derived from the sale of ERC20-compatible Nectar (“NCT”) utility tokens. As a utility token, PolySwarm economically disincentivizes Nectar speculation by rewarding honest market participation through the collection and distribution of Fees (details on page 6) to valueadding, active participants.
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10 PolySwarm (NCT)

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Despite the arrests of multiple suspects believed to be part of the #Clop #ransomware gang, there has still been a significant activity increase (+125% week over week). #Phobos (+118%) makes its second straight appearance in our weekly report.

first seen: https://polyswarm.network/scan/results/file/f0a9e91b24f75a83cff62b7884cece0793c88acc7cba825a9aa74e036af1d18d

Fresh and first seen (vs. #VirusTotal) samples of #TrickBot and #dridex were just added to the emerging threats feed. Check them out!

#BazaLoader, a first stage #malware, recently launched a new campaign that lures victims into downloading a malicious Excel file. This appears to be behind the 300% week-over-week increase in volume. First seen sample in comments.

#Crysis, a repeat offender with notable development in detection evasion and encryption speed, has been added to our emerging threats.

Take a look at what engines are saying about these fresh samples, first seen* before #VirusTotal

Big month over month increases for #Lockbit (411%), #WastedLocker (400%), and #Gracewire (178%). See below for some fresh, first seen* samples. 👇

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