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Cryptonews
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Crypto Sleuth Alerts to Scammer Network Behind DeFi Protocols Including Magnate, Kokomo, Solfire, and Lendora
- Crypto investigator ZachXBT has identified a group behind several rugpull scams in the DeFi space.
- The group was found to be running lending protocol Leaper Finance, along with other active DeFi protocols like Zebra Lending and Glori Finance.
- ZachXBT traced on-chain transactions linking these protocols to previous scams including Magnate, Kokomo, Lendora, and Solfire.
- After being exposed, the group deactivated their accounts and took down the websites of their scam projects.
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Cryptonews
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This Week on Crypto Twitter: SEC Targets Uniswap, Bitcoin Runes Stir Hype
- Avraham Eisenberg's criminal trial began in a federal courthouse in Manhattan.
- The outcome of Eisenberg's trial could have implications for how DeFi transactions are interpreted under US law.
- The US SEC informed Uniswap that it would face a lawsuit over securities charges.
- Hype is building around Bitcoin Runes, novel fungible tokens inscribed on Bitcoin.
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Tech Story
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X Won’t Let Premium Users Hide their Blue Checks Anymore
- Twitter will no longer allow premium users to hide their blue verification checks.
- The once-iconic blue checkmark transitioned into a premium, paid feature under Elon Musk's leadership.
- Twitter's handling of the blue checkmark led to confusion, blurring the lines of distinction.
- Twitter's decision to remove the option to hide blue checks signifies a significant shift.
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14 Likes
Kotaku
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Discord Is Taking Out Nintendo Switch Emulator Developers And Servers
- Discord is reportedly nuking accounts and servers of Nintendo Switch emulator developers.
- Yuzu, a prominent Nintendo Switch emulator, recently shut down and paid out.
- Discord claims these actions are in compliance with DMCA takedown requests and a court-ordered injunction.
- Nintendo continues its battle against emulation, aiming to protect its intellectual property.
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Medium
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Significant Paper Blog: Analyzing Cryptocurrency Trends with Real-Time Social Media Big Data…
- This blog explores a research paper that analyzes the influence of social media on cryptocurrency trends.
- The research examines the connection between social media interactions and the behavior of cryptocurrencies like Bitcoin and Ethereum.
- The paper proposes using a specialized data architecture and techniques like k-means clustering to analyze real-time social media and cryptocurrency data.
- The study uses real-time data from Twitter and CryptoCompare to analyze the activity surrounding Bitcoin and Ethereum.
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2 Likes
Tech Story
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X app goes down for several users due to technical issues
- The regular operation of social media platforms has been interrupted by technological glitches and outages.
- The primary impact is the disruption of user experience, leading to inconvenience and loss of productivity.
- Repeated instances of outages can erode trust and credibility in social media platforms.
- Social media outages can impair the dissemination of important information and have wider societal and economic repercussions.
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Insider
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Elon Musk's xAI is luring more investors through special purpose vehicles charging high fees
- Elon Musk's new AI startup, xAI, is attracting more investors through special purpose vehicles (SPVs) that charge high fees.
- The startup is seeking investments at a $15 billion pre-money valuation and aims to raise $3 billion in outside investment.
- Investors can participate in the xAI financing round through SPVs, but they come with a 5% upfront fee and a 1% management fee.
- The email sent to potential investors mentioned that xAI expects to raise funds within the next 2-3 weeks.
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21 Likes
Insider
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Elon Musk's go-to lawyer is facing possible sanctions over his behavior in the Tesla CEO's deposition
- Elon Musk's attorney, Alex Spiro, is facing potential sanctions over his behavior during a deposition.
- Spiro is accused of acting unprofessionally and overstepping his bounds during the deposition.
- The deposition is part of a lawsuit alleging that Musk falsely linked an individual to a neo-Nazi group.
- If the motion for sanctions is granted, Spiro could face a dressing down from the judge or a fine.
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9 Likes
Medium
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Learnings from Elon Musk by Walter Issacsson
- Elon Musk revolutionized multiple industries with his companies.
- His urgency to get things done has led to remarkable achievements.
- Musk challenges norms and encourages questioning of requirements.
- He has a hands-on approach to hiring and values comradery.
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21 Likes
Kotaku
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Tekken 8 Players Drag Steam Rating Down After Battle Pass Woes
- Tekken 8 players are dragging the game's Steam rating down after the introduction of a controversial battle pass.
- The battle pass, called the Tekken Fight Pass, has received negative feedback from players.
- Many players criticize Bamco for implementing what they consider to be predatory microtransactions.
- The frustration has led players to review-bomb the game on Steam.
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4 Likes
Insider
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People online took less than 24 hours to find a man accused of ghosting his pregnant wife. The law seems to be on their side.
- Internet sleuths took less than 24 hours to find a man who seemingly ghosted his family.
- It reveals a culture of online justice, where individuals who've wronged others are hunted down.
- Experts warn that digital justice can overstep, yet legal rulings seem to support the practice.
- The case highlights the power of internet users to uncover information and seek justice.
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2 Likes
TorrentFreak
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‘X’ Denies Music Companies’ Remaining Piracy Liability Claims in Court
- X Corp denies music companies' remaining piracy liability claims in court.
- X filed a motion to dismiss the case, partially successful in dismissing direct and vicarious copyright infringement claims.
- Contributory infringement claims partially dismissed, but lawsuit continues on inadequate repeat infringer policy grounds.
- X formally denies wrongdoing and raises affirmative defenses, arguing innocence and excessive damages.
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21 Likes
Arstechnica
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Elon Musk: AI will be smarter than any human around the end of next year
- Elon Musk predicts that AI will be smarter than any human by the end of next year.
- Musk describes AI as the fastest advancing technology he has seen.
- He mentions shortages of AI chips and high power demands as potential limitations.
- Musk believes that AI's capability will improve once these issues are resolved.
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21 Likes
Kotaku
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665
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Elon Musk Admits His Posts Probably Bad For Site He Spent $44B On
- Elon Musk admits his posts on X have had a negative impact on the business side of the social media site.
- Musk's deposition for a defamation lawsuit reveals his limited understanding and confusion about the lawsuit.
- Musk acknowledges that his posts may have financially impaired the company but he does not guide them based on financial benefit.
- Musk admits to running an alternative account on X, pretending to be his own son.
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11 Likes
Medium
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how to Convert MP3 from YouTube in 2024
- Convert MP3 from YouTube makes it incredibly convenient to listen to audio content on various devices without the need for an internet connection.
- There are several methods available for converting YouTube videos to MP3, including online converters, desktop software applications, and browser extensions.
- When converting YouTube videos to MP3, it’s important to follow best practices, such as choosing a reputable converter and being mindful of copyright laws.
- To enhance the audio quality of converted MP3 files, select high-quality source videos and adjust the output settings accordingly.
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