Crypto Twitter shares security concerns regarding Meta’s recent NFT integrati...
Meta recently announced its latest NFT feature will allow users to connect their digital wallets to Instagram and Facebook. On Aug 29, Facebook and Instagram’s parent company Meta announced that its users will now be able to post digital collectibles and Non-Fungible Tokens, or NFTs, across both platforms by simply connecting their digital wallets to either site.We’re introducing the ability to post digital collectibles across @facebook and @instagram. You can now connect your digital wallet to either app to share your #NFTs on both. What NFT are you excited to share?....
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Approximately $33.8 million in crypto assets were stolen from Crypto.com following a security breach on Monday. The Crypto.com security breach saga gets clarity with an official statement from the Singapore-based crypto exchange following a halt on withdrawals after detecting "suspicious activities" in user accounts.In a statement on Thursday, Crypto.com revealed that "4,836.26 ETH, 443.93 BTC and approximately US$66,200 in other currencies" had been taken from clients' accounts without their permission. The overall loss is presently valued at around $33.8 million, as per the current....
Some U.S. activists previously asked the DOJ to stop Meta from offering its digital currency wallet Novi on its platforms. Despite some senators in the United States opposing Meta launching its digital currency products, the development of the social media giant’s digital wallet, Novi, continues apace. Stephane Kasriel, head of Meta’s cryptocurrency and fintech unit Novi, officially announced on Wednesday that Meta’s messenger subsidiary, WhatsApp, has started testing transactions through Meta’s Novi wallet.According to the executive, the new feature is available for a “limited number of....
According to a study conducted by the US Department of Commerce, almost half of Americans are reluctant to shop online due to concerns over privacy and security. The study, conducted by the Department of Commerce’s National Telecommunications and Information Administration (NTIA), revealed that 45% of American households polled online reported limiting online activity because of security and privacy concerns. Fear of identity theft and government hearing unpopular opinions. According to the NTIA’s study, almost half of citizens were concerned about either transacting financially,....