It is “another milestone for the Everything App,” said X CEO Linda Yaccarino on Jan 28. “Visa is our first partner for the X Money account, which will debut later this year,” she added. The social media company will use Visa Direct, Visa’s solution for real-time money transfers, to load money into X Money’s wallet....Read More
Dean Norris, best known for his role in Breaking Bad, has become the target of hackers again. His X account was recently compromised to promote a fraudulent meme coin named DEAN. Details from the Exploit An X user who shared a screenshot of the deleted posts described the incident as one of the “most believable”...Read More
The official X account of the global electronic marketplace Nasdaq was apparently hacked and used to promote a fake meme coin named STONKS. Blockchain data shows that the bogus token’s market cap skyrocketed to $80 million before eventually collapsing. How the Scam Unfolded According to various reports, the attackers took control of the Nasdaq account...Read More
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, the world’s richest man, for failing to disclose his acquisition of Twitter (renamed X) stock on time. According to the complaint, Musk started accumulating shares of Twitter common stock in early 2022 and, by March 14, had crossed the 5%...Read More
Several account hijackings on X over the weekend have raised alarm in the crypto community. The incidents involved the official accounts of Litecoin, Foresight Ventures, and Holoworld AI being compromised to promote fraudulent cryptocurrencies and phishing links, exposing users to potential scams. The Incidents On January 11, Litecoin confirmed that bad actors had accessed its...Read More
Blockchain investigator ZachXBT has exposed a sophisticated phishing operation that has managed to compromise over 15 X accounts. The scheme targeted investors in Solana-based meme coins and has resulted in an estimated loss of $500,000. Solana Meme Coin Fraud The Blockchain detective revealed in a December 24 social media post that the operation involved impersonating...Read More
Reports have emerged that hackers compromised the X account of the newly-established Department of Government Efficiency (D.O.G.E.) co-lead Vivek Ramaswamy. The attack led to a whirlwind of misinformation and market frenzy surrounding the four-month-old USUAL stablecoin project. False Claims Propel Market Activity It started with a now-deleted post initially thought to be from Ramaswamy, announcing...Read More
On-chain investigator ZachXBT has accused top crypto influencer Professor Crypto of using bots to manipulate his social media metrics. Following the allegations, the crypto influencer has deactivated his account without giving a response to the public. Fake Engagement Strategies In a post on X, the on-chain sleuth addressed the Youtuber, telling him to “lay off...Read More
On Aug. 12, X owner Elon Musk said there appeared to be a massive distributed denial-of-service (DDOS) attack on the micro-blogging platform, “working on shutting it down.” A DDOS attack aims to disrupt a website or service by flooding the network with spurious traffic in an effort to prevent users from accessing the site. “As...Read More
X (formerly known as Twitter) has been a popular hook for scammers for over a decade now. However, the tactics employed in these schemes continuously evolve. What’s concerning is that many victims are still falling for scams because of misleading comments made by fake X accounts, leading them to phishing websites. X Fakes Fuel Phishing...Read More
Grok, an AI chatbot with access to tweets from all over X and programmed to be as snarky as possible, is the principal product offered by xAI. The company is Elon Musk’s response to OpenAI – which he also co-founded. However, he later left after disagreements with Sam Altman and others over how to develop...Read More
On Jan. 9, the agency’s X account was compromised, and an announcement was made that spot Bitcoin ETFs have been approved. On Jan. 10, X Support confirmed that the account was hacked, stating: “We can confirm that the account @SECGov was compromised and we have completed a preliminary investigation.” It added that there was no...Read More
Wallet drainers are a type of scam that generally operates by cloning a legitimate website, fooling the target into providing their crypto wallet credentials, and then executing a smart contract that sends the users’ funds to bad actors. 1/ Alert: A ‘Wallet Drainer’ has been linked to phishing campaigns on Google search and X ads,...Read More
Cryptocurrency investigator ZachXBT has revealed on social media that his X account and a few others received a subpoena from a court requesting additional information for unspecified reasons. On October 21, he shared two screenshots regarding the request. The first depicted the court’s request for specific information that X was mandated to provide. The second...Read More
According to cybersecurity researcher ZachXBT, the feature meant to prevent scammers from impersonating legitimate organizations merely created a new black market. Previously, all verified accounts had blue checkmarks. Now, blue checkmarks indicate that the owner of the account has an X Premium subscription and meets the requirements to display the checkmarks. Government officials, multilateral organizations,...Read More
Is Elon Musk going to bring crypto payments to X? In a Monday filing, the tech billionaire’s social media platform secured the Rhode Island Currency Transmission License, which is crucial for offering such services within the state. Dogecoin On X? The approval, confirmed by the Nationwide Multistate Licensing System (NMLS), comes after X (formerly Twitter)...Read More
Elon Musk’s recent denial of the speculated “X coin” has ignited discussions within the cryptocurrency community, particularly concerning the fate of Dogecoin (DOGE). This comes after Musk took to the platform, issuing a clear and direct “No” in response to speculations about the platform having an internal token. NEWS: might be looking at launching coin...Read More
Responding to a Dogecoin influencer warning about scam coins, Elon Musk said Friday that X will never launch a token. And we never will — Elon Musk (@elonmusk) August 5, 2023 While that may be so, make no mistake about it — crypto and finance feature heavily in Musk’s plans for X.com. He recently teased...Read More
FTX seems to be the story that keeps on giving as more and more information gets revealed following the downfall of what was one of the world’s largest crypto empires. Now, a new report indicates that a number of cryptocurrencies that were traded by Alameda Research saw their price pumped by bots. An Army of...Read More
While Twitter’s sudden rebranding to X has caught many by surprise, it seems Elon Musk has had a radical transformation for the platform in mind for a while. Here’s what we know about how he plans to change the old “Twitter” – and what it might mean for crypto. Baking In Financial Services In a...Read More
On July 6, Mark Zuckerberg, the CEO and founder of Facebook’s parent company Meta Platforms, launched a new platform dubbed Threads in 100 countries across the globe. The social media network is considered a rival to the micro-blogging platform Twitter. Speaking against the newly launched platform, Twitter owner and former CEO Elon Musk hauled Threads...Read More
Joseph James O’Connor, a U.K. citizen and one of the perpetrators of the 2020 Twitter hack, has been sentenced to five years in prison for his role in several cybercrime offenses. According to a press release by the United States Attorney’s Office for the Southern District of New York, Judge Jed S. Rakoff sentenced O’Connor...Read More
Apple has issued a warning to the decentralized social networking company, Damus with expulsion from the App Store if it does not remove a feature that enables Bitcoin payments. Damus, which is based on top of a decentralized social media protocol Nostr, was developed as a Twitter alternative and is backed by Jack Dorsey. Since...Read More
Binance CEO Changpeng Zhao (CZ) recently unfollowed Tesla and SpaceX chief Elon Musk after what seemed like a long and friendly history between the two parties. Though neither executive has left any explicit clues, crypto Twitter has some theories about what may be driving tension between the tech billionaires. Did Twitter Shun Binance? Twitter account...Read More
Elon Musk announced that he has found a new leader for Twitter and will shift into a new role as chief technologist. While Musk is yet to name his successor, reports suggest that NBC Universal executive Linda Yaccarino could potentially replace him as the new leader of the microblogging platform. In a tweet on May...Read More
Joseph James O’Connor, a 23-year-old British citizen extradited from Spain to the United States on April 26, pleaded guilty to multiple charges, including hacking the social media platform Twitter in 2020. O’Connor, who also uses the online name PlugwalkJoe, has been charged with stealing cryptocurrencies worth $794,000 from a Manhattan-based company through a SIM Swap...Read More
Dogecoin (DOGE) – the OG memecoin – was up by around 30% since the beginning of the month. It is trading above $0.09 and is currently rising on the backdrop of Elon Musk’s tweet about his starship launch attempt. But the initial boost can be attributed to the abrupt change of the old blue bird...Read More
Twitter is all set to roll out a new feature enabling its users to access stocks, cryptocurrencies, and other financial assets through a partnership with the fintech company eToro. The collaboration will focus on expanding Twitter cashtags to cover far more instruments and asset classes, as per an eToro spokesperson. eToro-Twitter According to a CNBC...Read More
The speculations about whether Elon Musk purposefully inflated Dogecoin’s price by changing Twitter’s logo so that he can dispose of his holdings continue on social media. According to data from Lookonchain, two of the five largest DOGE whales sold over $120 million worth of the memecoin amid its massive price rally this week. Twitter’s new...Read More
Twitter’s main logo abruptly changed on Monday into a picture of the infamous “Doge” meme – a Dogecoin (DOGE) predictably pumped as a result. The cryptocurrency is up 25% in the past hour, now trading for $0.1. Elon Pumps Doge (Again) When logging into Twitter, the bluebird that once appeared on Twitter’s loading page has...Read More
1/ Alert: A ‘Wallet Drainer’ has been linked to phishing campaigns on Google search and X ads,...Read More
