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Hollywood actress Sydney Sweeney unwittingly became the face of a little-known shitcoin this weekend, after hackers took control of her X (formerly Twitter) account and told the world, “I have the best t**ts in crypto.” Sweeney’s smile was turned into a meme after she appeared on YouTube series Hot Ones, in which celebrity guests are interviewed while eating spicy chicken wings.  Unfortunately, the meme’s popularity brought with it some unwanted attention. On Sunday, Hack ers gained control of her X account and used it to promote $ MILK , a Solana -based altcoin created just days earlier.   Did you see the @sydney_sweeney hack? https://t.co/GgWNuPJ247 pic.twitter.com/LWTVVI7pfT — Smol News (@NewsInSmol) January 28, 2024 X users can be seen replying to the now-deleted post questioning if it’s real. Read more: Algorand X account Hack er brags they’re still in control after ‘taking a nap’ The unknown hacker used the viral image alongside a price chart wit...

SEC says hacker that compromised its X account used a “SIM swap” attack. The unauthorised access had seen the hacker publish a fake spot Bitcoin ETFs approval announcement. Investigations into the breach are ongoing, but SEC says its 2FA feature had been disabled at the time of the compromise. The US Securities and Exchange Commission ( SEC ) has confirmed that the hack on the agency’s X account , and the resulting “fake approval” of spot Bitcoin ETF s, happened after an apparent “SIM swap.” According to the SEC, the attacker used a cell phone number linked to the agency’s X account. The unauthorised entity accessed the phone number via a telecom carrier the SEC uses, and not from the regulator’s system. However, the SEC notes that at the time of the hack, two factor authentication (2FA) for the social media account was disabled. In a press release , the SEC said 2FA for its X account had been disabled s...

Two popular Bitcoin-related X (formerly Twitter) accounts should have their blue checkmarks removed for using “misleading and deceptive” identities, claims a prominent pro-Bitcoin account. According to @Pledditor, the two profiles are in breach of the platform’s terms of service, specifically those that forbid using someone else’s identity without disclosing that you are, in fact, a parody account .  “It’s no different than making a fake “Tesla” or “Elon Musk” account ,” says Pledditor. Here are the rules they are in violation of. You can't misappropriate someone else's identity without disclosing you are a parody account. It's no different than making a fake "Tesla" or "Elon Musk" account. pic.twitter.com/ErqXJkhDoX — Pledditor (@Pledditor) October 2, 2023 While the identities of the individuals or groups behind these accounts cannot be confirmed, Pledditor seems adamant that they are definitel...

The long awaited account abstraction standard was believed to be many months off, but will be launched in a surprise announcement at WalletCon in Denver. Smart accounts, enabled by the launch of the new ERC-4337 standard, are now available on Ethereum and are expected to help mainstream adoption by finally making crypto user friendly. Ethereum Foundation security researcher Yoav Weiss will make the surprise announcement at WalletCon in Denver today that the core contracts for ERC-4337 — known by Blockchain developers as “ account abstraction ” — have passed an audit by Open Zeppelin and will be made available on every Ethereum Virtual Machine (EVM) compatible network including Polygon, Optimism, Arbitrum, BNB Smart Chain, Avalanche and Gnosis Chain. New users will no longer need to learn about complicated seed phrases or the technical process of setting up a wallet to onboard into the decentralized world of crypto, Weiss told Cointelegraph. “The next billion users are not going to wr...