Fact Check: Nandan Nilekani Invests $892mn In Crypto ... - cyptoranking.com

2024-05-01

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Cointelegraph contacted Linus for comment but did not receive an immediate response.Magazine: Wolf Of All Streets worries about a world where Bitcoin hits $1M: Hall of Flame This really spiked my interests as both periods are based on the adoption of a completely new technology that shifts the way our society perceives and uses information. The personal computer and the internet changed our lives completely to the point that it’s almost unthinkable to be unconnected to the internet for more than 24 hours. In the future it will as well be unthinkable to not own and use any Bitcoin, we’re just still in the early phase of its adoption. Fact Check: Nandan Nilekani Invests $892mn In Crypto ...In recent months, more specifically since July, the trend of NFTs acting as crypto wallets, also known as ‘token bound accounts’, has landed on Polygon’s blockchain in significant numbers. In the ongoing trial of Sam Bankman-Fried, former CEO of FTX, Gary Wang, former CTO, revealed that Alameda Research has a $65 billion line of credit on FTX. Crypto journalist Laura Shin hosted Sam Enzer, partner at Cahill Gordon and Reindel, and Brian Klein, partner at Waymaker, to discuss Wang’s testimony and how it could damage the defense.

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Conclusion In a recent report, Coingecko noted that these top digital companies have adopted Web3 technologies to varying extents. According to the report, while some listed companies are investing directly in Web3 gaming projects and blockchain game development, others are hiring staff for blockchain-related positions. OKX just sent $60M in USDT, MASK token to Alameda Research By CointelegraphZuckerberg also expanded on Meta's plan to embed AI into its vision of a society that embraces the metaverse as a way to interact. A look at the amount of royalties paid to Yuga Labs each day since January 2023. Image: The Block Research.

The customer in question reported receiving a call from an individual claiming to be a member of Binance’s compliance team. What made this incident particularly concerning was that the scammer possessed a trove of personal information about the user. This raised suspicions that the scam might be linked to the Kroll data breach, which had previously affected Binance users. This shift in sentiment among US investors is a crucial indicator, emphasizing the need for market participants to closely monitor this metric as it could provide valuable insights into the market’s future direction.Bitcoin transactions see sharp decline following Ordinals peak hype Latin American Crypto Firm Ripio Approved to Operate in Spain as an ExchangeNotable industry giants such as Take-Two Interactive, Nexon, Bandai Namco, Konami Holdings, Krafton, Square Enix, and Ubisoft are among those pioneering the blockchain gaming space. Ethereum (ETH) — Defined

Source: PexelsThe team behind the decentralized social media platform Friend.tech has responded to a series of SIM-swap attacks targeting its users by implementing a crucial security enhancement. In a recent announcement on X (formerly Twitter), Friend.tech unveiled the introduction of a Two-Factor Authentication (2FA) password feature. This move aims to provide additional protection for users whose cell carriers or email services have been compromised.Friend.tech Users Will Have an Option to Setup Additional PasswordWith the new 2FA feature, Friend.tech users will now be prompted to set up an additional password when signing in on new devices. Importantly, neither the Friend.tech team nor the Privy teams will have the capability to reset these passwords, underlining the need for users to exercise caution when using this feature.The decision to bolster security comes in the wake of a string of SIM-swap attacks that have plagued Friend.tech users since September. The attacks have raised concerns and drawn criticism from some quarters regarding the platform's initial response.Slow Mist founder Yu Xian tested the 2FA mechanism and shared his experience on Twitter. Friend.tech Users Face SIM Swap AttacksThe SIM-swap attacks have culminated in the theft of an estimated 109 Ether (ETH), valued at nearly $500,000 in just few days, with one hacker stealing nearly $400k from different Friend.tech users. To mitigate the risk of SIM-swap exploits, Friend.tech had already introduced security updates on October 4, allowing users to add or remove various login methods.Despite some criticism over the timing of the 2FA implementation, many users welcomed the added layer of security. Blockworks founder Jason Yanowitz shed light on the modus operandi of the SIM-swap attacks. Attackers send text messages requesting a number change, with users required to respond with either "YES" or "NO." If the response is "NO," the user is sent a legitimate verification code from Friend.tech and is prompted to send the code to the scammer's number. Failure to respond within two hours results in the requested change proceeding, potentially leading to account compromise.Earlier today, head of Defiant News revealed that he saw his Friend.tech wallet drained in an elaborate phishing scam.Tornado Cash Processed Over $77 Million in Past 30 Days: Arkham Furthermore, Bitcoin’s on-chain settlement operates slowly and could raise transaction costs unless integrated with Lightning, as suggested. The Best Places to Buy Ethereum (ETH) in 2023The UK government has also proposed new stablecoin rules, a Royal Mint NFT, and several other steps to court digital asset investors as part of its aspirations to establish the country as a “global hub” for the cryptocurrency business. The idea that crypto can become a mainstay social force without old money is quaint. Like it or not, these financial behemoths run the world. If there is to be a new on-chain, decentralized internet financial system, then established paradigms of money management that are backed to the hilt by legislative structures have to be involved. It’s by taking advantage of crypto’s unique properties through these institutional structures that will allow crypto’s potential to truly flower.

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