Ethereum News Daily Official TheBitTimes.com

Polychain Capital, a firm concentrating on cryptocurrency investments, has confirmed that the X account of its founder and CEO, Olaf Carlson-Wee, has been hacked . The breach was uncovered on Jan. 4 when Carlson-Wee’s account started promoting a fake airdrop for Polychain’s native token, PCHAIN. The hacker claimed the airdrop was part of Polychain’s New Year celebration, with the post including links that led to a phishing website. However, soon after Polychain discovered the breach, it put out a statement acknowledging the hack and warning users against interacting with Carlson-Wee’s X account until further notice.  Important Notice: Olaf’s personal twitter (@zxocw) has been compromised. Please do not engage with this handle until further notice. — Polychain (@polychain) January 4, 2024 The account , with more than 19,000 followers, has reportedly been retrieved, and the offending post deleted — but not without more than 40,000 X users viewing it. It is yet to be dis...

Also Read: Popular Analysts Predict 10% Rally In Ethereum Against Bitcoin , Will Altcoins Follow? advertisement Meanwhile, Twitter’s data scaping problem appears to have a solution in the Crypto Market . Interestingly, the solution bypasses the need for placing limits on daily tweets accessed by users to prevent scraping. Theta Network (THETA) Tech According to Theta Network supporters, its technology offers a framework for decentralized data streaming and delivery that could potentially prevent unauthorized data scraping by AI companies. Data scraping involves usage of software tools or scripts to pull out data from websites and databases, which is posing a major threat to user data safety on the internet. In recent times, it has been stated that AI companies have been using data scraping tools to be able to train their large language models (LLMs). Elon Musk’s criticism of AI development is well known, after his support to the demand for limiting th...

Dogecoin and Elon Musk have a long history together. So every positive news regarding Elon Musk and Twitter gives a boost of adrenaline to DOGE’s price. As Watcher.Guru reported earlier, Twitter has begun applying for regulatory licenses to enter the payment business in the US. The acquisition of Twitter by Elon Musk has been creating headlines in 2022, as the $44 billion acquisition had been dragging on for various reasons. The latest news that surfaced also means that Twitter is diversifying itself to add a new revenue source. Read more: ChatGPT: Can it Pave the Way for a Crypto ETF Creation? Elon Musk has been forever an avid supporter of Dogecoin . He has frequently shown support for the meme coin, and his positive tweets about DOGE also caused a short-lived hike in DOGE’s price. Musk’s acquisition of Twitter also had a great impact on its price, which soared by over 100% in anticipation of its incorporation into Twitter . Now, post the new announcement, Dogecoin s...