Twitter seems to be still vulnerable to hacks. A group of cyberattackers under the name ‘John Wick’ have gained access to the account of India’s Prime Minister (PM) Narendra Damodardas Modi and used it to promote a fake cryptocurrency schema.
Related to the growing number of Bitcoin (BTC) and other cryptocurrency scams using fake advertising, it becomes obvious that the industry needs regulation. Advertising influences people's purchasing decisions, therefore, good social engineering can turn it into a great instrument for luring customers into various digital currency-related scams.
As the community was astounded by the bold hack of prominent Twitter accounts, it revealed the general vulnerability of centralised social media, where all information is kept at one place. It would not be possible to break a decentralized platform that easily.
Coinidol.com, the world blockchain news outlet, has launched a new project called "Coinidol Expert Club", that will help new names to rise among well-known world experts in the field of Blockchain, Bitcoin and Financial technologies. The names of experts, that enter the club, will become popular among the readers from 174 countries of the world that visit Coinidol.com 1 million times per month. The best members of Coinidol Expert Club will be quoted by authors of editorial articles on Coinidol.
The outbreak of Covid-19 has pushed several governments and electoral commissions globally to the wall by making them look for other alternative means of organising and conducting free and fair elections. One of the available options is using a Blockchain-based e-voting method.
The increase of fake news raises alarms over the role of media, Internet and social media platforms in contemporary egalitarian societies. The community and the media industry can move to transparent information flow by restoring the role of the media with blockchain technology.
As the demand for e-books is increasing because of Coronavirus pandemic, a Japanese ebook leader Media Do Holdings is looking for effective ways to improve services via blockchain and distributed ledger technology (DLT).