The social media giant must pay $24,660,000 to settle 822 breaches. Meta has consistently raised objections to the regulations. Lately, the technology conglomerate Meta has become a hot topic of conversation. The corporation announced its earnings recently. The company’s bottom line took a serious blow due to investments in the
October 28, 2022 1 min read
It was a phishing effort targeting unsuspecting customers. The bulk of the stolen funds are still sitting in Monkey Drainer’s wallet balance. The renowned fraudster “Monkey Drainer” has stolen about 700 ETH, or around $1M, in the previous 24 hours. Wallets with the last digits 0x02a and 0x626 were two
October 27, 2022 1 min read
RockItCoin now manages almost 1,900 machines in 44 states after the acquisition. CEO and creator of RockItCoin expected further acquisitions in Q4 2022. On October 25th, Bitcoin ATM provider RockItCoin announced that it has acquired Tao Bitcoin. Located largely in the southern part of the United States, Tao Bitcoin operates
October 26, 2022 1 min read
With this fix, they may use it to get bitcoin as well which was only limited to sending. Over 44 million people use the app every month. Lightning Network Bitcoin transactions are now available to Cash App customers. Today, Cash App Bitcoin Product Lead Michael Rihani tweeted the news, and
October 26, 2022 1 min read
The net loss comes to $106 million at the conclusion of the third quarter. Tesla’s losses did not have a significant impact on the company’s fundamental operations. Tesla, the electric vehicle (EV) maker, has reportedly invested $1.5 billion into Bitcoin since the beginning of 2021, as reported in the company’s
October 26, 2022 1 min read
Price manipulation is the problem, as Peckshield put it in a tweet. Peckshield’s blog post revealed that the vulnerability had been reported by Chainsecurity. On October 24th, Quickswap detailed how a $220,000 hack occurred in the Market XYZ lending market. Quickswap Lend is closing, the team announced on Monday through
October 25, 2022 1 min read
Fidelity’s job board presently has 74 active results for digital asset-related opportunities. Massive layoffs seem to have freed up a pool of qualified crypto experts. In sharp contrast to the recent exodus of crypto-talent, the $4.5 trillion asset management business Fidelity Investments is allegedly planning to add another 100 individuals
October 24, 2022 1 min read
SBF gave a clear message to its consumers that they must exercise more caution. This compensation from FTX to impacted users is a one-time deal. Over the last several years, crypto phishing assaults have skyrocketed. All it takes is one malicious file attached to an email for this to happen.
October 24, 2022 2 mins read
On Thursday, court papers showed that Magnus Granath, better known as the Twitter handle “Hodlonaut,” had prevailed in a case he had filed against Craig Wright in Norway. Wright has claimed his identity as Bitcoin’s fictitious inventor, Satoshi Nakamoto, for quite some time. Although his claims have been openly contested
October 22, 2022 1 min read
As part of their investigation into an unlawful gambling network, Turkish officials have confiscated $40 million worth of cryptocurrencies. When it comes to gambling, Turkey is quite strict. The government outlawed casinos in 1998. And since 2006, all forms of internet gambling have been illegal, with the exception of a
October 22, 2022 1 min read
