NFT News by Thebittimes.Com

Following the reported breach of Ethereum co-founder Vitalik Buterin's X (formerly Twitter) account, over $691,000 in losses has been inflicted on victims by malicious links. Vitalik Buterin, co-founder of Ethereum (ETH) had his X (formerly Twitter) account compromised, which, according to social media reports, resulted in victims losing over $691,000 through malicious links. In a Sept. 10 post on X, Dmitry Buterin, the father of Vitalik Buterin, announced that his son's account has been compromised: “Disregard this post, apparently Vitalik has been hacked. He is working on restoring access.” The post to which he was referring has since been deleted. It was allegedly made by the hackers on Buterin's account to celebrate the arrival of "Proto-Danksharding on Ethereum." The hacker shared a malicious link to an alleged free commemorative NFT available, enticing victims to connect their wallets, before ultimately leading to the victims losing all their funds. WARN...

The Twitter user who initially registered the @X handle had their profile forcibly changed after Elon Musk rebranded the social media platform to X. Twitter is currently undergoing a rebrand to X after owner Elon Musk grabbed headlines when he announced that the 17-year-old social media platform he acquired in 2022 would have a new name, logo, look and feel on July 24. X will serve as the new name of the social media platform and a broader ecosystem platform that Musk intends to develop. According to a screenshot shared on the alternative social media platform Stacker.News, representatives of X emailed a user that had initially registered the @X Twitter profile, informing them that the platform would take over the account. A screenshot of an email shows Elon Musk’s rebranded X social media platform offering a user merch andise and a trip to company headquarters after taking over their profile name. Screenshot of the email sent by X to the user. Source: Stacker.News The user was told t...

On July 19, the PleasrDAO’s head of operations announced a Twitter hack that resulted in the takeover of the organization’s account . Moreover, the head of operations Juan PaDulanto also noticed that the account of another team exec, Jamis, was taken over while he was recovering from a traumatic brain injury. He estimates that people lost over $1.2 million through interactions with the fake site/tweets. Zachxbt, a renowned on-chain sleuth and rug pull survivor, points to the address linked to the malicious activity, 0xCb721B27CA670C806A6aAA9AC9DF6D065d24bCd5. It has reportedly been the epicenter of a staggering $1.2 million (equivalent to 654 ETH) theft. Yesterday my associate in pleasing @_jamiis was hacked, and our @pleasrdao account was taken over and it appears people lost over 1.2m USD by interacting with the fake site/tweets Saddens me that this happens on the tail of Jamis recovering from a traumatic brain injury for the… https://t.co/MlXfzauKfq — jAPEs ...

Users who shared links to a waitlist for the Arkham service had their email addresses exposed on Twitter due to how the references were encoded. Arkham, a “blockchain intelligence company,” announced what it’s calling the “world’s first on -chain intelligence exchange” on July 10 alongside the launch of a new coin, ARKM, through Binance’s Launchpad service. Crypto Twitter has had a predictably split response to the announcement, with negative sentiment surrounding Arkham’s purported mission to “deanonymize the blockchain” causing some ire. Chief among the complaints, many of which describe the company’s Intel Exchange as a “ snitch- to -earn ” or “snitching-as-a-service” program, involves Arkham's perceived role as a centralized intelligence agency. Fuck this. It's not even the snitch- to -earn component that I'm entirely against (it is useful as a decentralized whistleblowing dapp for public good). The submissions end up on Arkham + Arkham Fnd is the central arbiter. S...

The tipping feature on social media platforms has been widely accepted by users. Tips on Twitter allow easy incentives to content creators and developers. For people who have set up Tips, a money icon is featured on their profile. Towards the beginning of the month, however, a prominent Dogecoin tipping bot was suspended on the social media platform. The account was allegedly taken down under the “platform manipulation and spam rule.” At press time on Monday, the Dogecoin tipping issue remained unresolved. We did receive a response that @MyDogeTip was suspended under the "Platform manipulation and spam" rule. They are considering our appeal and expect to hear back in 5-7. As mentioned, no affect on @MyDogeOfficial app other than Twitter sign up won't work. — MyDogeCTO (@MyDogeCTO) February 2, 2023 Also Read: Twitter ‘Suspends’ Dogecoin Tipping Bot Twitter ‘killer’ to integrate Bitcoin tipping Lately, a decentra...

3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control, regardless of whether the information is held by them directly, or is in control of a third-party. Three Arrows Capital (3AC) founders Zhu Su and Kyle Davies were subpoena ed on Twitter on Jan. 5, after the liquidators granted permission from Singapore authorities following a United States Bankruptcy court order, according to information given to Cointelegraph by advisory firm Teneo. As reported by Cointelegraph, liquidators' lawyers have repeatedly failed to engage with the founders in recent months. “A communication protocol was agreed between the liquidators and founders but has not yielded satisfactory cooperation,” according to a hearing presentation on Dec 2. @KyleLDavies jpg copies of the subpoena are attached to this tweet by way of service. An unredacted copy of the subpoena was served via email and can be provided upon request. pic.twitter.com/XAYzQ4Oveo — 3AC...

A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks. While fears surround the crypto market because of how big projects and firms file bankruptcy one after the other, community members continue to remind the world of the best use cases for cryptocurrency.  On Twitter, the Cointelegraph social team asked the Community to share their perspectives on what the best crypto use case is. From payments and self-custody to transparency and investment, Community members gave a wide range of responses. What is the best use case of crypto ? — Cointelegraph (@Cointelegraph) November 29, 2022 One community member highlighted the use of stablecoins like Tether (USDT) as payment methods while pointing out that other cryptos can be used as investment tools. On the other hand, another response brought up the transparency that crypto brings. Apart from these, one answer also raised...

Elon Musk‘s big Twitter takeover has been the talk of the town for quite some time. While the downfall of FTX and the market crash that followed redirected public interest, Twitter was back making headlines. This time, two of Musk’s companies were involved. SpaceX, the aerospace business company placed an order for one of the largest advertising packages available on the social media giant. JUST IN: SpaceX purchases large advertising package from Twitter . — Watcher.Guru (@WatcherGuru) November 14, 2022 As per recent reports, SpaceX is expected to advertise Starlink, the firm’s satellite internet service. The firm will promote this service on Twitter in Spain as well as Australia. The aerospace company intended to purchase a package known as Twitter “takeover.” It is estimated to cost more than $250,000. Starlink would receive constant daylong promotions through this package at the top of Twitter ’s timeline. The first three times ...

Ever since Elon Musk acquired Twitter, a host of structural changes have been implemented. Right from top executives being fired, to changing the designation on his bio to ‘Twitter Complaint Hotline Operator,’ Musk has been playing the game with his own scripted rules. Towards the end of October, researcher Jane Manchung Wong tweeted out developing details about Twitter’s potential plans to launch a crypto wallet. She stated that the platform was working on a “wallet prototype” that supported “crypto deposit and withdrawal.” However, no other revelations were made. Wong, as such, tested an array of tech products and new Features on social media platforms, including the Twitter edit button for Twitter Blue members.  However, per the online publication Platformer, brakes have now been applied. The report noted, “ A recently revealed plan to build a crypto wallet for Twitter appears to be on pause as well. ...

With Halloween 2022 almost coming to end, Elon Musk —the current sole director of social media giant Twitter —tweeted a picture of a Shiba Inu dog and a pumpkin. Both the focal subjects in the frame had one thing in common&mdash ;the Twitter logo. The former wore apparel featuring the blue &lsquo ; freed&rsquo ; bird, while the latter depicted a luminescent version of the same. 😉 pic. Twitter .com/eaIYaDRBnu — Elon Musk (@elonmusk) November 1, 2022 It is a known fact that Elon Musk is fond of cryptos like Dogecoin and Shiba Inu. In fact, he has already given himself the title of “DogeFather” in the past. As expected, the prices of tokens belonging to the meme basket started rallying right after the tweet was posted. Dogecoin’s reaction was outright. As illustrated below, the trend was quite monotonous on the minute chart. However, the same minute the tweet was out, DOGE registered an unconventionally long green candle. It continu...

Binance is one of the largest cryptocurrency exchanges in the world. It has also proved to be one of the most robust businesses to seamlessly ride the “crypto winter”. The firm has also been expanding and investing heavily in other businesses. CZ Binance also invested $500 million in Elon Musk’s Twitter acquisition. Speaking on CNBC’s Squawk Box, CZ conveyed his willingness to help Twitter enter Web3 when they are ready to do so. CZ also spoke about the Twitter deal and why he decided to invest in it. JUST IN: #Binance ceo says he wants to help Elon Musk bring Twitter into Web3. — Watcher.Guru (@WatcherGuru) October 31, 2022 CZ highlighted that Twitter is a “free speech platform” Speaking on several reasons for aiding in concluding the deal, CZ highlights that Twitter is a free-speech platform. He also added that he wants to support strong entrepreneurs and believes that Elon Musk is one of them. Binance’s CEO also m...

Just as Elon Musk ’s $44 billion Twitter acquisition deal came through CEO Parag Agrawal along with a few other execs were asked to leave. Amidst this, speculations about the next Twitter CEO began pouring in. Banking on the same, a plethora of tweets of individuals claiming to be the next CEO of the social media platform surfaced. Will the real CEO please stand up? Just as FUD took over Twitter, it was brought to light that Elon Musk himself intended to become the CEO of the social media giant. Bloomberg reported that after heading Tesla Inc. as well as SpaceX, Musk was all set to emerge as the CEO of Twitter as well. The billionaire is anticipated to continue serving as CEO in the short term but may eventually relinquish the position in the long run. As mentioned earlier, CEO Parag Agrawal along with CFO Ned Segal and Vijaya Gadde head of legal and policy were sacked today. In addition to this, it was noted that Musk intended to reverse all lifetime suspensions on ...