The intention behind implementing verification features on social media platforms is to prevent scammers from impersonating legitimate organizations. However, in the case of X, this seemingly straightforward objective has led to the creation of a new and thriving black market. According to cybersecurity researcher ZachXBT, the introduction of blue checkmarks to indicate verified accounts has
In a rapidly evolving digital landscape, South Korea’s BC Card is taking a pioneering step by applying for two domestic patents to utilize non-fungible tokens (NFTs) in the verification of purchase details for trading used luxury goods. While NFTs are traditionally associated with art and collectibles, BC Card aims to expand their utility, addressing real-world
Despite the recent hype around riend.tech, some decentralized social networks are still struggling to attract and retain users on their platforms. This article will explore the various challenges faced by decentralized social (DeSo) media platforms and discuss potential solutions. One of the major hurdles faced by DeSo platforms is the onboarding process. Ed Moss, the
Thailand has recently witnessed an unexpected turn of events, as Srettha Thavisin, a candidate from the Pheu Thai Party, has been voted in as the country’s 30th Prime Minister. In a surprising move, Thavisin secured 482 votes out of a possible 747, indicating a clear majority in his favor. This marks a remarkable shift in
The world of cryptocurrencies is constantly evolving, and one coin that has recently gained significant attention is Toncoin (TON). In the past week alone, Toncoin’s price has surged by over 8%, sparking renewed interest in cryptocurrency and generating discussions about its potential for sustained growth in the future. With a current price of $1.46, Toncoin
Shibarium, the layer 2 blockchain, has recently made a stunning comeback and relaunched. This relaunch has caused a significant surge in the price of its native token, Bone Shibaswap (BONE), setting new milestones for the token. In the last 24 hours since Shibarium’s official relaunch on Thursday, August 24, the BONE token has experienced a
The US Federal Bureau of Investigation (FBI) has made a troubling discovery regarding the Lazarus Group, a North Korean hacking collective. The group has been responsible for draining millions of dollars’ worth of cryptocurrencies through various attacks in recent years. According to the FBI, the Lazarus Group may soon cash out a significant amount of
The Pepecoin (PEPE) project recently experienced a shocking turn of events when $16 million worth of tokens were mysteriously withdrawn from the project’s multisig wallet. This incident led to a significant drop in the price of PEPE and raised concerns among the community. In this article, we will delve into the details of this withdrawal
In a recent development, U.S. prosecutors have bombarded former FTX CEO Sam-Bankman Fried’s legal team with a massive amount of discovery documents. Lawyers representing Bankman-Fried have strongly objected to the government’s approach of providing access to evidence and legal information while their client is held at the Metropolitan Detention Center in Brooklyn. One of the
Binance, the world’s largest cryptocurrency exchange, has recently made headlines with its announcement regarding the termination of its crypto debit cards for customers in the Latin America and Middle East regions. This decision, set to take effect from September 2023, has raised questions and concerns among users in these regions. The termination of Binance crypto
Back in July, Judge Analisa Torres declared that XRP programmatic sales should not be classified as securities. This ruling initially caused a rally in the price of the XRP token, as it provided clarity and relief to investors. However, as time has passed and the United States Securities and Exchange Commission (SEC) has begun to
Federal Reserve Chair Jerome Powell has expressed concerns about the robust growth of the U.S. economy and its potential impact on inflation. Speaking at the Jackson Hole Economic Symposium, Powell acknowledged the uncertainties surrounding the economic outlook and emphasized the need for further restrictive monetary policies to mitigate inflationary pressures. Despite a decline in inflation
In a recent court filing on Aug. 25, Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York rejected a motion to establish a special shareholders class in the Celsius Network bankruptcy case. Furthermore, the judge declined to determine whether the Celsius (CEL) token should be classified as a
In ancient times, civilizations relied on oracles to gain insights into the future. Nowadays, artificial intelligence (AI) crypto platforms like yPredict are stepping into the role of these oracles in the world of finance. However, instead of relying on mysticism and cryptic prophecies, these platforms leverage sophisticated algorithms and AI-driven models to make predictions. The