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The X account of the Ethereum staking protocol Rocket Pool was hacked on Jan. 17, with the exploiter asking users to migrate their assets via a malicious link.  Rocket Pool’s hijacker posted a message detailing smart contract vulnerabilities spotted by the supposed team. The post asked users to click on a link to migrate their assets to a version 2 contract to avoid losses. WARNING!!! Rocket Pool Twitter compromised ! The Rocket Pool Twitter account has been compromised ! Do not click any links in tweets on that account ! The account that is compromised is [DO NOT CLICK] @Rocket_Pool. — Hudson Jameson (@hudsonjameson) January 17, 2024 The Rocket Pool team confirmed the incident on Discord, warning users to avoid interacting with any links posted by the account until further notice.  Any possible losses suffered or stolen cryptocurrencies were yet unknown at press time. Rocket Pool team warns users via Discord You might also like: SEC chair Gary Gensler ass...

Twitter has secured a currency transmitter license from Rhode Island, marking a significant step towards the platform’s potential involvement in the financial sector. On Aug. 29, Twitter obtained a currency transmitter license from Rhode Island. The platform is now authorized to handle both fiat and digital currencies, underlining the company’s approach toward compliance and regulation. This news follows Twitter’s acquisition of similar licenses in Michigan, Missouri, and New Hampshire. You might also like: Twitter receives money transmitter licenses in 3 US states The Rhode Island currency transmitter license is legally mandated for any entity that carries out financial transactions on behalf of users. It covers the storing, trading, and transferring assets, including traditional fiat money and digital currencies like Bitcoin (BTC) and Ethereum(ETH). The license was granted just one day after Twitter’s legal victory over the U.S. Securities and Exchange Commi...

Elon Musk on Twitter Name Change to X Despite Brand Value CTO Elon Musk on July 25 responded to a post on companies changing their names. Musk explained that Twitter was acquired by X Corp earlier to ensure freedom of speech and as an accelerant for X, the everything app. He argues this is not a simple name change by a company but introducing many changes. advertisement “The Twitter name made sense when it was just 140 character messages going back and forth – like birds tweeting – but now you can post almost anything, including several hours of video.” In addition, he revealed his future plans for X. The company aims to add comprehensive communications and finance and payments-related services to the app. He argues that the name “Twitter” doesn’t match his plans, “so we must bid adieu to the bird.” He also replied to another post by a user saying that even if the company changes the name to a donkey, he woul...

Dogecoin has paved the path for the current growth of the meme coin realm. But, Dogecoin really took off when Tesla CEO Elon Musk began embracing the crypto and began tweeting about it. Since then, the price of DOGE has risen with each positive tweet from Musk. Dogecoin rallied over 100% after the acquisition of Twitter, with people hoping that Musk would integrate it into Twitter. Musk has also not been quite as vocal about his plans to integrate Dogecoin into Twitter after the acquisition. Also read: Shiba Inu Burner Teases New Web3 Marketplace and Wallet for SHIB Enthusiasts However, all that has changed as Twitter has changed its logo to Dogecoin. Following this, the price of DOGE has also shot up. JUST IN: Twitter updates its website logo to Dogecoin #DOGE. pic. Twitter .com/6WIV6rUPFU — Watcher.Guru (@WatcherGuru) April 3, 2023 Twitter’s blue bird logo replaced by Dogecoin In one of the most recent updates to Twitter, the social media behemoth has u...

Many praised the move, while others brought up some potential negative effects of one entity holding a lot of Bitcoin. Software analytics company MicroStrategy recently added more Bitcoin (BTC) to the firm’s holdings. Members of the crypto community had mixed reactions to the move.  In a recent tweet, MicroStrategy’s executive chairman Michael Saylor announced that the firm had made another Bitcoin purchase . The move puts the firm’s total BTC holdings at 132,500 BTC, purchase d for a total of $4.03 billion but worth only around $2.1 billion at the time of writing. Many commended the move, while some brought up some potential negative effects. Michael Saylor, you are a rock star. Your mission Jim aka Michael Saylor, if you choose to accept it, is to bank the unbanked throughout the world. — The Young Gentleman (@YoungGentlaman) December 28, 2022 A community member praised the MicroStrategy chairman, calling him a “rock star” whose mission is to bank the unbanked. Others cele...