Popular rapper Curtis James Jackson III, better known as “50 Cent,” claimed that his X account and website were hacked by hackers promoting a cryptocurrency pump-and-dump token scam.The fraudulent developer, also known as “Rug Pull,” created a new cryptocurrency token, “GUNIT,” and used Jackson’s large I pulled it up. Afterwards, the token price plummeted to $0.00016.On June 21, Jackson posted to his 32.8 million Instagram followers claiming that his“Twitter worked quickly to relock my account. “Whoever did this made $300 million in 30 minutes,” Jackson said before declaring he had “nothing to do with this cryptocurrency.”Source: 50 CentHe posted three…
Author: Crypto Flexs
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Pocket FM and ElevenLabs have joined forces to revolutionize content creation with the launch of AI Audio Series, cutting-edge voice AI capabilities now accessible globally. This groundbreaking partnership opens a new chapter in storytelling, empowering writers to easily transform their stories into incredible audio series. Revolutionizing content creation The partnership between Pocket FM and ElevenLabs marks a groundbreaking leap forward in voice AI technology. By leveraging ElevenLabs’ expertise in this field, Pocket FM has achieved remarkable milestones in the experimentation phase, reducing costs by up to 90%. Through this integration, the company has also doubled…
Fox has revealed its plans to join the Ethereum Layer 2 ecosystem. This move was made to significantly strengthen the Polygon-based content verification platform. Verification’s footprint extends beyond Fox. Because the cryptocurrency industry is often focused on the speculative frenzy surrounding asset prices, the disruptive potential of blockchain technology in industries other than finance is often overlooked. However, incumbent companies are increasingly looking beyond this speculative veil and leveraging blockchain technology to streamline operations and solve new problems. Among these companies is Fox Corporation, a leading media company.In January 2024, Fox launched Veri, a content verification platform that leverages the…
OpenAI has announced a groundbreaking development with the introduction of a consistency model that aims to speed up creation operations across a variety of media types, including images, audio, and video. This new model addresses the limitations of existing diffusion models that rely on an iterative sampling process that results in slow generation times. Advances in diffusion models Diffusion models have played an important role in advancing generative AI, especially in the creation of high-quality images, sounds, and videos. However, its dependence on repeated sampling was a notable drawback and slowed down output generation. According…
Former Goldman Sachs executive Raoul Pal believes a sustained upward trend is coming for Bitcoin (BTC) and the rest of the cryptocurrency market. In a new interview with cryptocurrency trader Scott Melker, the macro expert noted that historically risky assets like Bitcoin and cryptocurrencies tend to bounce in the fourth quarter of a presidential election year. “Look, the back-end quarter of an election year is a real banana zone for all assets. That’s always the case. So you know that there’s a very, very, very high chance that everything will be completely ruined come fall. I mean, how long will…
YesCoin It’s one of the most recent ones. Viral Telegram-based game It will take the cryptocurrency gaming industry by storm. By swiping gold coins across the screen, you promote a continuous cycle of increasing numbers. This gets further boosted with upgrades and more swipes to come.The developers are looking to pack an even bigger bag, as they hinted at a potential YES token being released following the news, mentioning an “upcoming airdrop.” It’s being built In ~ open network (ton).As a result, Yescoiners is getting serious about stacking coins ahead of a potential airdrop. Here are some top tips to…
This private equity sale by Revolut will help the company generate liquidity for early investors and employees. Revolut, potentially Europe’s most valuable startup, is looking to liquidate $4 billion worth of its existing stake, according to a Financial Times report on Thursday, June 20. The move is consistent with other private companies seeking alternative liquidity options for shareholders amid a sluggish IPO market. According to reports, fintech company Revolut is teaming up with banking giant Morgan Stanley to sell its stake. The move will also help free up additional cash for early investors and existing employees, people familiar with the…
Binance, one of the world’s leading cryptocurrency exchanges, announced support for Metal DAO (MTL) mainnet swap. According to Binance, all deposits and withdrawals of existing MTL tokens will be suspended from 02:00 (UTC) on June 24, 2024. This move is part of the transition to the new Metal DAO mainnet. Impact on Users Binance assured users that spot trading, margin trading, futures trading, and Binance Savings services will not be affected during the mainnet swap. The exchange will handle all technical requirements of users related to this event, ensuring a smooth transition. Users are advised…
The Hong Kong Monetary Authority (HKMA) has released statistics on payment cards issued in Hong Kong for the first quarter of 2024. This data provides insight into credit and debit card usage patterns in your area. credit card statistics According to the HKMA, the total number of credit cards in circulation by the end of the first quarter of 2024 reached 19.98 million. This is a 1.5% increase compared to the previous quarter and a 1.5% increase compared to the same period last year. The total number of credit card transactions in the first quarter…
TL;DR (concentrated takeaways)2-Factor Authentication (2FA) is a form of Multi-Factor Authentication (MFA) that is used to identify who you are. In addition to “Something you know” (like a password), 2FA also provides “Something you have” (like a dynamically-generated authenticator code), or “Something you are” (like biometrics).Correctly used 2-factor authentication is one of the strongest defenses against account abuse and crypto theft. (But improperly-used 2FA can actually make you more of a target!)2FA code generation devices may take the form of desktop or mobile software apps, specialized hardware, or SMS-messaging phones. You will likely end up with more than one type…