Autor Cointelegraph By Ezra Reguerra

Crypto exchange’s Twitter gets hacked by ‘disgruntled employee’

Crypto exchange’s Twitter gets hacked by ‘disgruntled employee’

Uverejnil používateľ | jan 24, 2022 |

The Twitter account of the Russian crypto exchange Latoken seems to have been breached by a hacker who started posting allegations that the exchange is a scam. According to the posts, the exchange is promoting “scam IEOs” and misleading its customers. WARNING – THIS IS A SCAM EXCHANGEThey are promoting scam IEOs.They are promoting IEOs promising growth of 100% to 500%.They are cheating and lying to founders and employees.They are misleading founders to think they will have successful IEOs while it never happens.— LATOKEN (@latokens) January 24, 2022The profile picture of the account was also changed into a scam warning image, while the Twitter page’s bio was edited to “LATOKEN is the leading SCAM platform!” According to the hacker, the exchange treats employees unfairly and also fires employees for no reason.The hacker has also accused the exchange of deliberately trying to “scam money out of projects” and promising 100%–500% growth without delivering. The hacker also called Valentin Preobrazhensky, the founder of Latoken, a “liar” and a “face seller.”Apart from Latoken, the official Twitter of LADEX, the company’s decentralized exchange project was also compromised. The hacker posted a video of an online meeting showing the Latoken CEO screaming curses at someone in the call.The hacker also highlighted Trust Pilot’s review on Latoken, which is only two out of five stars. However, a warning message in Trust Pilot says that the site detected misuse on Latoken’s page, stating that it has detected a number of fake reviews.In response to the incident, Latoken’s official Telegram account published an update telling its users about the hack. The exchange said it believes the accusations to be the act of a “disgruntled employee” and that its team is in touch with Twitter support to fix the problem.Related: Crypto.com breach may be worth up to $33M, suggests onchain analystSeveral crypto YouTube accounts have faced a series of hacks recently. Hackers posted videos that instructed viewers to send money to the hacker’s wallet using the accounts of famous personalities such as BitBoy Crypto, Box Mining, Ivan on Tech and even boxing superstar Floyd Mayweather Jr. Luckily, many of the account owners were able to detect and remove the videos within minutes.Back in 2020, a similar hack compromised the Twitter accounts of prominent individuals. The official accounts of Elon Musk, Kanye West, Bill Gates and others were hacked by a Bitcoin (BTC) thief who published posts claiming to double any crypto amount sent to a certain wallet address.

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Crypto Twitter responds to Bitcoin dump: ‘ok cool’

Crypto Twitter responds to Bitcoin dump: ‘ok cool’

Uverejnil používateľ | jan 21, 2022 |

Bitcoin (BTC) has dumped below 40,000, wiping out almost $50 billion from the crypto market cap. Even without any particular news to blame, Crypto Twitter still won’t let the dump slide without reacting in its own colorful ways.Lark Davis, a crypto figure with almost a million Twitter followers asked his audience: “Are you buying anything on this dip? Or waiting for clarity if we go lower or higher?” User french b happily replied that he’s too broke to do anything at this point. Been buying the dip for past 6 months .. I m broke now— french B (@frenchB13852573) January 21, 2022Meanwhile, Frank Sirianni III replied, expressing how he has already accepted this trend where BTC price falls whenever he buys. “I’ve just accepted the fact that after I buy it goes lower. I’m at peace with that now,” wrote the Twitter user.In another area within Crypto Twitter, users Sir Doge of the Coin and Ananthu expressed how they feel through images and a gif of some classic memes.It’s a love/hate relationship#Bitcoin #BTC pic.twitter.com/hfF8EskEnj— Sir Doge of the Coin (@dogeofficialceo) January 21, 2022

Gold bull Peter Shiff and his followers didn’t waste this opportunity to talk smack against BTC, predicting that “a crash below $10,000 is highly likely.”#Bitcoin has finally broken the neckline of a head-and-shoulders top. The scary part for the longs is that the pattern projects a move below $30,000. Once that level is breached Bitcoin will have completed a massive double top. From there a crash below $10,000 is highly likely.— Peter Schiff (@PeterSchiff) January 21, 2022

Twitter user Manuel Campbell supported Shiff’s FUD by tweeting that he thinks Shiff is still too optimistic with that prediction.In response, Bitcoiners called out Shiff pointing out that his previous predictions weren’t really accurate. Twitter user Max replied to Shiff, “You are wrong every time!” white quoting Shiff’s tweet two years ago. Meanwhile, Microstrategy CEO Michael Saylor also did not miss this opportunity to drop some of his words of wisdom for BTC investors.If you are going to invest in #bitcoin, a short time horizon is four years, a mid time horizon is ten years, & the right time horizon is #forever. https://t.co/rRMz0yCkpN— Michael Saylor⚡️ (@saylor) January 20, 2022

Related: Twitter Blue rolls out NFT profile pics for iOSWhile everyone reacted with varying levels of emotion because of the dump, Crypto Twitter figure Will Clemente remains unfazed. Clemente tweeted, “Just drove for 2 hrs, check my phone and BTC is sub 40K — ok cool.”

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Blockchain meets activity tracking: Project rewards healthy habits with tokens

Blockchain meets activity tracking: Project rewards healthy habits with tokens

Uverejnil používateľ | jan 21, 2022 |

Blockchain use cases continue to grow as the world learns about the benefits that it brings. Apart from bringing financial innovations like the ability to do peer-to-peer transactions, blockchain now makes its way to the health industry.Health specialists created a method to track and store health data using blockchain technology. Rosanne Warmerdam, the CEO of Health Blocks, told Cointelegraph that her team had developed a way for users to generate and store patients’ health data without sacrificing their privacy and security. “We wanted to start with giving users ownership and control over their health data,” said Warmerdam. By building on top of the IoTeX blockchain, their platform Health Blocks collects lifestyle-related health data from wearables and other smart devices and connects it to a decentralized health profile.The project also gives incentives as users reach their health goals. “We want to make a healthy lifestyle fun and rewarding, providing tools to improve health and provide access to health services for all,” said Warmerdam.With this, users can get tokens as they achieve their health goals. According to Warmerdam, “when a user reaches a health goal of 10,000 steps in a day, a smart contract is triggered, sending tokens to your profile.”Related: $1B science fund seeks blockchain projects to expand human lifespanMeanwhile, a medical firm in Mexico is using blockchain to verify COVID-19 testing results. MDS Mexico utilizes the technology to avoid the fabrication of results. The team certifies the COVID-19 detection through blockchain and cryptographic signatures. This protects the information by using a unique, immutable, and unalterable QR Code that can easily be verified.There are a number of existing use cases for blockchain in the medical field, but many predict it is open for more breakthroughs. While discussing new potential crypto and blockchain use cases, billionaire Mark Cuban also shared theories on how a decentralized autonomous organization may be applied in medical procedures like providing colonoscopies.

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Meta reportedly plans to integrate NFTs on Facebook and Instagram profiles

Meta reportedly plans to integrate NFTs on Facebook and Instagram profiles

Uverejnil používateľ | jan 20, 2022 |

Multinational tech conglomerate Meta is reportedly diving into nonfungible tokens (NFTs) by integrating a feature that will let users show off their NFTs on their Facebook and Instagram profiles. According to the report, Meta is currently working on prototypes that will allow users to mint collectible tokens.Meta is also discussing potentially launching a marketplace that allows the buying and selling of NFTs. However, while the news may excite millions of NFT enthusiasts that use social media, all of the projects are within the earliest stages and may still change accordingly.The discussions follow a push to onboard more staff to help with Meta’s projects. Back on January 12, Meta initiated a push to hire more employees and got around one hundred people to jump ship from Microsoft. Meanwhile, to avoid staff from ditching them for Meta, Apple offered bonuses from $50,000 to $180,000 along with stock options.Formerly known as Facebook, Meta’s major rebranding lets the company focus on initiatives beyond social media. Last year, the company announced its plans to create a metaverse that connects physical experiences to online social experiences. The company also released previews of haptic gloves that may be rolled out for use in its future metaverse.Related: Facebook’s centralized metaverse a threat to the decentralized ecosystem?Potential earnings in the NFT world are becoming very hard to ignore. Firms even predict that traditional brands will dive into the NFT space and explore how to earn within the market.Just recently, leading NFT marketplace Opensea surpassed $3.5 billion in monthly transaction volume. This means that over $169 million are being spent each day in NFT trading just within the platform. According to NFT sales tracking statistics, the NFT market has had a total of $25 billion in all-time sales so far.

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Wiki continues to accept crypto donations despite pressure to stop

Wiki continues to accept crypto donations despite pressure to stop

Uverejnil používateľ | jan 20, 2022 |

Following a proposal from users to stop accepting crypto donations to Wikimedia Foundation, the nonprofit confirmed that it would proceed with crypto donations. Contributors banded together to urge the foundation to disable the option to donate in crypto because of environmental concerns. However, while the organization will continuously monitor the conversations around crypto within its communities, it will not budge on accepting crypto donations.Elise Flick from the Wikimedia team told Cointelegraph that Wikimedia’s fundraising approach is meeting donors where they are. Flick mentioned that the foundation aims to “provide the most desired payment options in different parts of the world.” This includes catering to the requests that the foundation received from donors requesting to be able to donate in cryptocurrency.”We want to be as inclusive as possible, and allow people to contribute with the method they feel most comfortable with.”Julia Brungs, the Senior Community Relations Specialist from Wikimedia Foundation, also responded to Molly White’s (GorillaWarfare) questions in the original proposal. According to Brungs, the most used crypto for donations was Bitcoin (BTC). However, the organization immediately converts it into fiat. “We have never held cryptocurrency, and spot-convert donations daily into fiat currency (USD), which doesn’t have a significant environmental impact,” wrote Brungs.The response also cited data from Cambridge Bitcoin Electricity Consumption Index that says that there is very little evidence that connects Bitcoin directly as a contributor to climate change. The data “shows that even in the worst-case (i.e., mining powered exclusively by coal), Bitcoin’s environmental footprint currently remains marginal at best.”Related: ‘Emergency’: Wikipedia editors vote against classifying NFTs as artMeanwhile, not all organizations are willing to continue crypto donations after receiving anti-crypto community feedback. Earlier this January, Mozilla paused its acceptance of crypto donations after receiving a reaction from a co-founder. Because of this decision, the creator of Dogecoin slammed Mozilla saying “thank you for succumbing to an ignorant, reactionary internet mob.”

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