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Get caught in the daily busyness and don’t have time to track encryption site? Well, if this is your problem, then we can be your perfect partner. Here, we have listed some of the most important news articles in the encryption industry for you to keep abreast of the latest information.
After the BTC scam, the Twitter account of Indian Prime Minister Narendra Modi (Narendra Modi) was hacked
Due to the proliferation of global technology, hacker attacks on official social media handles of celebrities have increased significantly. The most recent victim of this hacker network is Indian Prime Minister Narendra Modi, whose Twitter account was hacked by some malicious tech geeks on December 12, 2021.The official account of the Prime Minister of India with more than 73.4 million followers became a tool for hackers who used it to spread false information Bitcoin Become a legal currency and 500BTC giveaway for fans of Indian cryptocurrency.
According to the report, the invasion occurred around 4:00 PM Eastern Time. A Twitter user named Priya saw an accidental tweet by hackers claiming that BTC is India’s new legal currency. This tweet clearly mentions the 500 BTC that the government has given away to all citizens of the state. One post contains a link that requires users to register and receive rewards. This is the second time Modi’s Twitter account has become a prey for hackers. Earlier in September 2020, the intruder used his account to ask people to donate to the PM National COVID-19 Relief Fund.
Cryptocurrencies are in full swing in the global economy, especially after the slowdown brought about by the COVID-19 pandemic. The Indian government has begun to send positive signals to adopt cryptocurrency in the country. At a recent virtual summit hosted by US President Joe Biden, Prime Minister Modi stated that cryptocurrencies should be used to strengthen democracy, not to curse democracy. He added that by working together, democratic countries can meet the needs of citizens and embody the spirit of humanity.
The issuance of India’s cryptocurrency bill caused a lot of confusion among investors. The lack of clarity of the term “private” cryptocurrency caused anxiety because it was misunderstood as a total ban on the use of cryptocurrencies. Former Treasury Secretary Subhash Garg was also the author of the bill. He refuted the “ban” rumors, calling it a misunderstanding by users.
Novi Wallets set up Whatsapp trial version
Crossing the field of encryption like a leader, Meta (earlier Facebook) has extended the support of its “Novi Digital Wallet” project to the popular messaging portal WhatsApp. Through the digital wallet solution, Meta plans to bring digital currency into the mainstream business of its huge global community. The Novi wallet trial is being passed in Guatemala and other parts of the United States. Coin Bank Exchange, now with WhatsApp, the team looks forward to speeding up the entire testing system.
According to the report, Meta will only provide support for Novi Wallet to a “limited number” of US customers. Speaking of this, Novi CEO Stephane Kasriel said that the move will simplify the remittance between family and friends. The person in charge said that the trials conducted in the past six weeks helped the team determine which features are most important to users. Digital wallets will allow users to send money safely and for free. The payment will be easily visible in the customer’s chat account.
The executive stated that the team will expand support for Novi Wallet after analyzing the response to the test run. He emphasized that Novi will not affect the privacy standards of fully encrypted and secure WhatsApp messages and calls. In the past few months, Meta has continued to lean towards the cryptocurrency and Metaverse space as it strives to gain an advantage in the fast-growing digital center.
The Mayor of Miami, Francis Suarez, gets part of his salary from Bitcoin
Seeing the growing expansion of cryptocurrency, this global crypto craze seems to have no end. To keep up with this trend, the Mayor of Miami, Francis Suarez, decided to deposit part of his 401(k) retirement savings in BTC tokens. For those who don’t know, Francis has always been a staunch supporter of cryptocurrency and the first American lawmaker to accept part of the Bitcoin salary.
In an interview, Francis revealed his plan to convert part of his retirement income into Bitcoin based entirely on personal choice. He called it a good asset for investment, showing his firm belief in the supremacy of Bitcoin. The re-elected mayor argued that the price of BTC may rise in the near future.
Speaking of BTC, Francis stated that the use of an open source, immutable Bitcoin ecosystem is the main catalyst for its global success. The mayor started earning salaries in BTC through a third-party payment processor called Strike. He is eager to build his territory into a cryptocurrency center and is taking all necessary measures to ensure this. The city government accepts fees paid by Miami residents in Bitcoin. The person in charge is working hard to open up a reliable channel for Bitcoin transactions by 2022.
The Miami government announced on November 12 that it will distribute BTC proceeds as dividends directly to the credit of every eligible resident of the city.The authorities will distribute and distribute the BTC proceeds obtained by staking Miami local MiamiCoin to the locals Crypto token. The city looks forward to creating Digital wallet Provide residents with solutions for further encryption and expansion.
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