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Cybersecurity company SlowMist analyzed social network X for malicious content. Scam sleuths came to the conclusion that over 80% of comments under publications of well-known projects are related to phishing software . In a report by SlowMist, scammers were found to be actively purchasing X accounts to use for scamming purposes. Users are usually sold in the Telegram messenger application, where there is an active market for this category of clients, experts claim. According to the study, attackers are typically offered a wide selection of accounts, among which there are accounts similar to the profiles of well-known crypto projects. Such a “product” may have a different number of subscribers and a long date of registration on the platform. After purchasing an account, scammers use advertising tools to increase trust on the social network. With their help, they increase the number of subscribers, likes and promote their profile on site X. Experts note that such services are off...

An “X Payments” account was seen on the social media platform on Jan. 19 as Elon Musk’s company continues to bag money transmitter licenses across the United States. While unconfirmed, the development would likely align with Musk’s vision for X, which he has repeatedly touted as a nexus for global financial activities since his $44 billion takeover in 2022.  Crypto analysts and speculators have pointed to digital assets being part of these plans, although Musk has noted that fiat transactions will primarily command engineering resources. X payments page | Source: X You might also like: Elon Musk and cryptocurrencies: a potential acquisition on the horizon? The platform has already filed for several money-transmitter licenses and received approval in some states, such as Utah. Musk’s social giant also teamed up with the exchange eToro to enable crypto and stock trading from the app.  Meanwhile, X is rolling back some web3 Features as crypto.news previously reported....

Scam mers who fooled anti-vaxxers into paying up to $500 in bitcoin for dodgy COVID-19 vaccine passes have reportedly raked in more than $280,000 in crypto, reports WIRED.  Researchers at disinformation detection company Logically found over a thousand accounts on X (formerly Twitter) luring anti-vaxxers into Telegram channels where fake doctors attempt to sell various fraudulent medical documents.  Logically claims that the anti-vaxxer scam network, stretching back to at least June 2022, has reached over 3 million people, made 62,000 posts, and processed $286,000 in crypto. One Scam group reportedly sells COVID-related travel passes for anywhere between $250 and $500 in bitcoin . Others play on anti-vaxxers ’ “vulnerabilities to being paranoid about things like the next pandemic, or other kinds of vaccines” to offer false tuberculosis, tetanus, or polio results.  ‘Unvaccinated sperm will be the next bitcoin’ lives on post-Covid Read more: Twitter ve...

Michael Saylor, Layah Heilpern and Steven Lubkha were among those in the crypto community that took an interest in what Australian actress Margot Robbie had to say about Bitcoin. Australian actress Margot Robbie, who is playing the lead in the new Barbie movie, has caused quite a stir within the crypto community after stating that simply talking about Bitcoin (BTC) gives off Ken vibes. In the last 24 hours, the crypto community on Twitter, including Microstrategy's Michael Saylor and prominent Youtuber Layah Heilpern, showed a mixed response to Robbie’s statement about Bitcoin that she made in an interview with Fandango on June 22. #Bitcoin is Big Ken Energy. pic.twitter.com/ExFOGXsuJ9 — Michael Saylor️ (@saylor) July 28, 2023 Robbie revealed that every time she overheard her husband Tom Ackerley and television producer David Heymen discussing Bitcoin on set, it brought to mind the traits of Ken, the fictional co-star character in Barbie, portrayed by Ryan Gosling.  “When Da...

European consumer group B EU C has lodged a complaint with the European Commission and consumer authorities. The group has contended that online social media platforms like Instagram, YouTube, TikTok, and Twitter are fostering the misleading promotion of crypto assets. In effect, these platforms could face regulatory action. Instagram, YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the online platforms allegedly facilitate the misleading promotion of crypto assets https://t.co/MAoD5cXbSu pic.twitter.com/nPcH2GqVRs — Reuters (@Reuters) June 8, 2023 Also Read: Crypto: U.S. CFTC Looking to Change Risk Rules According to the BEUC, portraying misleading advertisements of crypto assets on social media apps is an unfair commercial practice. More so, because this exposes consumers to several risks, including the loss of funds. The group prompted the Consumer Protec...