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Category: cryptocurrencies – Page 11

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Continue reading “When will The Singularity happen? đŸŠŸ Dr. Ben Goertzel” | >

A threat actor named InTheBox is promoting on Russian cybercrime forums an inventory of 1,894 web injects (overlays of phishing windows) for stealing credentials and sensitive data from banking, cryptocurrency exchange, and e-commerce apps.

The overlays are compatible with various Android banking malware and mimic apps operated by major organizations used in dozens of countries on almost all continents.

Being available in such numbers and at low prices, allows cybercriminals to focus on other parts of their campaigns, development of the malware, and to widen their attack to other regions.

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Despite its recent blowback, Web 3.0 offers a more interconnected and productive society.

The next significant development for the internet and all it governs is Web 3.0. To improve user experience, it will make use of artificial intelligence. In addition, blockchain technology will enable the service to be backed by decentralized networks since Web 3.0 is the fundamental framework for cryptocurrencies like Bitcoin and Ethereum. This will be a revolutionary move that might significantly influence businesses and how they function, as well as individual users. For instance, site owners won’t have to rely on larger businesses like Amazon (AWS) and Google to buy server space.

Web 2.0 – the current version of the internet – has grown overly centralized, with a small number of large technology businesses and government organizations controlling the industry. Web 3.0, which promises a decentralized online ecosystem built on the still-emerging blockchain, will be the third iteration of the internet. Web 3.0 was first coined in 2014 by a computer scientist named Gavin Wood also helped create Ethereum, the decentralized blockchain system that powers the ether coin.

The main problem with Web 2.0, according to Wood, is trusting the people who run the services. “We’ve managed to build ourselves into this fairly dystopian picture of what the world could be,” he said in a podcast with CNBC. This is why many believe Web 3.0 – with its focus on decentralization – will provide a more democratic and dispersed view of the internet. Additionally, it’s touted as an essential component of the emerging metaverse, an immersive online universe. While some are skeptical and refer to Web 3.0 and the metaverse as primarily a marketing project and even as a pyramid scheme, other venture investors are pouring billions of dollars into this futuristic vision. However, the idea is reportedly also opposed by many in the tech world, including Elon Musk and Jack Dorsey, the former CEO of Twitter.

Continue reading “Explained: Will Web 3.0 live up to its hype?” | >

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This comes as a result of the decline in the cryptocurrency market and the failure of exchanges.

Genesis Global Capital, a cryptocurrency lender, is laying the groundwork for bankruptcy this week. Bloomberg.

The representatives of the crypto lender did not immediately respond to the requests for comment. The sources said the talks would continue and the plans could change anytime.

Olemedia/iStock.

Continue reading “Crypto lender Genesis reportedly preparing for bankruptcy” | >

Researchers from the cyber security firm Imperva Red Team have disclosed information on a newly found and fixed vulnerability that affected over 2.5 billion Google Chrome users as well as all Chromium-based browsers such as Edge and Opera.

The vulnerability, which is identified as CVE-2022–3656, makes it possible for remote attackers to acquire sensitive user data such as passwords for cloud service providers and knowledge about cryptocurrency wallets. After further investigation, it was determined that the problem was caused by the manner in which the Chrome browser dealt with symlinks when processing directories and files.

Because of this vulnerability, an attacker can use social engineering to convince a victim to visit a website that has been compromised and then download a ZIP archive file from that website. The file will contain a symlink to a valuable folder or file that is already present on the device, such as wallet keys. The user is requested to input their recovery keys whenever this file is sent back to this site as a component of an infection chain, such as a crypto wallet service.

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Scammers may commit address poisoning by sending meaningless transactions to your account from an wallet address that is very similar to the one you use.

In case you were unaware of this fact beforehand, your wallet consists of one or more accounts, each of which has its own unique address that was created cryptographically. These are lengthy hexadecimal numbers, which means that they include both numerical and (a few) alphabetical characters. This is because hexadecimal numbers employ both sets of characters. Because of this characteristic, they are incomprehensible to the vast majority of individuals and, more importantly, very difficult to recall.

Because of this, the vast majority of web3 software enables you to copy and paste addresses, rather of having to commit them to memory and type them out. As a result, you have probably grown to depend on this feature. This not only helps you save a lot of time, but it also eliminates the possibility of making any errors and guarantees that your money will be sent to the correct address at all times. You may copy your address with a single click or touch, which is one way in which it helps simplify the copy-and-paste process.

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Twitter has added cashtag support for Shiba Inu. The recently launched initiative will allow SHIB, enthusiasts to keep track of these crypto assets’ prices along with BTC, ETH, and Doge. To use the service, users are required to search for the symbol of any of the supported digital currencies with the dollar sign ($) in front of it. For instance, Twitter users can check the price of Shiba Inu by typing $SHIB in the search bar. The search result will include the pricing graphs of Shiba Inu alongside a clickable link that will take the user directly to Robinhood. Crypto enthusiasts can quickly create an account on Robinhood to purchase digital currency.

To me a Twitter crypto currency used for Twitter transactions makes sense, as the, volume of transactions would add value to those who buy it early as an investment. Twitter could also prevent Some BankFraud-Fried incidents.

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