WMA: Bitcoin continues its beauty sleep through historical Twitter hack

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $270 billion. Bitcoin sways between $9,000 and $9,300 on a neutral trajectory Ethereum drops by more than 2% and fails to overcome the $250 barrier. XRP drops below $0.20, but it bounces back to trade in green on the weekend A historical hacking of Twitter sees some of the world’s most popular accounts “ask”…

Twitter Hack Exposes Frailty of Centralized Social Media Platforms

On July 15, 2020, a massive hack described as "a coordinated social engineering attack" by Twitter targeted multiple high-profile users, including Tesla's Elon Musk, investor Warren Buffet, Amazon's Jeff Bezos and many others. The attack prompted Twitter CEO Jack Dorsey to say that it was a tough day for the social media platform. https://twitter.com/jack/status/1283594553618911232?s=19 The hack which targeted crypto users suggests that scammers managed to either find a severe security loophole in Twitter's login recovery process or that they somehow…

Jeff Bezos, Kanye West and Apple Among the Crypto Twitter Accounts Hacked

On July 15th, Ripple, Gemini, Coinbase, Binance, Coindesk, Coingelegraph, Justin Sun and several more twitter accounts were hacked. The perp(s) who are yet to be identified, are posting tweets on these accounts saying that they have “partnered with CryptoForHealth” and are planning to “give back to the community”.  It doesn't end there, just a few minutes back, it seems Jeff Bezos, Kanye West, Elon’s and Bill Gates’ accounts have also been compromised. The one posted on Elon’s asked for Bitcoin…