Vitalik Buterin’s X account hacked, draining over $691K from victims’ wallets

    Following the breach of Ethereum co-founder Vitalik Buterin’s X (formerly Twitter) account, victims allegedly suffered losses exceeding $691,000 due to a malicious link that falsely promoted a free NFT. Vitalik Buterin, co-founder of Ethereum has allegedly had his X (formerly Twitter) account compromised. According to prominent blockchain investigator ZachXBT, the incident has led to victims collectively…

    Decentralized social networks have a retention problem, say execs

    Decentralized social network Friend.tech may have risen quickly, but execs argue decentralized social media apps still have an onboarding and retention issue to fix. Despite the recent bloom of the decentralized social media app Friend.tech, executives from the industry argue there’s still much more work to be done — with many still experiencing massive challenges…

    Tether CTO stays silent on Bitcoin mining locations

    Tether’s chief technology officer, Paolo Ardoino dropped a hint that the operations are based in South America, but hesitated to reveal any more details beyond that. Paolo Ardoino, chief technology officer of stablecoin issuer Tether, recently found himself addressing rumors about images of large industrial containers online. These speculations led him to rejecting questions about…

    Crypto community reacts to Biden’s proposed crypto tax reporting rules

    Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States. Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe Biden. On Aug. 25, in an effort to catch crypto users avoiding taxes, the…

    Terra interim CEO says any ‘little progress’ made gets derailed by accusations

    Terraform Labs recently appointed CEO, Chris Amani, held a Twitter Spaces with the purpose of separating the operations of Terraform Labs from Do Kwon’s personal affairs. Terraform Labs faces a “big hill to climb” as the progress of its various projects in development are constantly being impeded by frequent accusations against Do Kwon, according to…

    Pepe would be ashamed by PEPE investors

    Death threats, viral rap videos and a stream of frog-themed insults. That’s the state of my social media profiles after hosting a Twitter Space on May 8 about PEPE, the new token based on the “Pepe” meme. Poignantly hosted during a monumental PEPE price crash, Cointelegraph set out in the May 8 Twitter Space to understand…