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Revoke adds new feature after users complain of fake approvals scam

Approval management platform Revoke has issued a fix aimed at mitigating a new crypto scam, which involves baiting crypto users into revoking “fake approvals” and then stinging them with excessively high transaction fees. On July 9, Revoke.cash stated that it had received reports of people seeing unknown approval transactions in their

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‘Scammers’ impersonate Crypto Twitter users on Threads as users near 100M

Scammers appear to have wasted no time since the launch of Meta’s new microblogging app — with several high-profile Crypto Twitter users already warning of imposter accounts on Threads. Threads was launched on July 5 and has seen sign-ups climb above 98 million in the days following. It’s still far

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Binance refers users to Coinmerce as exchange exits the Netherlands

Global cryptocurrency exchange Binance has reached an agreement with Coinmerce to refer its users as the firm winds down operations in the Netherlands.In a July 6 blog post, Dutch crypto exchange Coinmerce said “hundreds of thousands” of users based in the Netherlands would be referred from Binance, giving them the

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Account abstraction will drive a billion users from Asia to Web3: ConsenSys exec

Account abstraction, also known as “smart accounts” could eventually onboard a billion users from the Asia region to Web3, according to an executive at Ethereum software solutions provider ConsenSys.Speaking to Cryptox, the director of strategic initiatives at ConsenSys, Laura Shi, noted that the Ethereum and Web3 ecosystem has seen a

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OpenAI pauses ChatGPT’s Bing feature as users were jumping paywalls

ChatGPT’s Browse, a Bing-based search engine feature, has been temporarily disabled by OpenAI after a loophole enabled users to bypass paywalled content.In a July 4 tweet, OpenAI notified users of the temporary halt so it could patch the issue and “do right by content owners.” “We've learned that ChatGPT's ‘Browse’

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South Korea  enacts comprehensive laws to protect crypto users

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied South Korea’s National Assembly has officially approved new legislation to safeguard users of virtual assets and amend the country’s capital market law. It prohibits unjust trading practices and provides user protection.  The “Capital Market and Financial

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