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Elon Musk’s X Corp (Twitter) Files Lawsuit Against Four Entities According to a filing in the District Court of Dallas County, Elon Musk’s X Corp. — the company that owns Twitter — has filed a lawsuit against four entities. X Corp. has accused these four people or entities of scraping Twitter data. advertisement The petition filed on July 6 referred to four defendants as John Doe 1, John Doe 2, John Doe 3, and John Doe 4, and identified by their IP addresses. It says the defendants tried to scrape data unlawfully from the social media platform and even contracted with entities maintaining data processing facilities in Dallas County, Texas. “John Does 1-4 are unknown persons or entities associated with particular Internet Protocol addresses that have engaged in widespread unlawful scraping of data from Twitter.” Elon Musk’s X Corp seeks $1 million in monetary relief from separate entities and other damages. The firm said ...

Yuga Labs' first Bitcoin NFT collection saw some backlash from the crypto community over the weekend, pointing to flaws in the way it's conducting the auction. Nonfungible token (NFT) conglomerate Yuga Labs is facing some criticism from the cryptocurrency community, including the creator of Bitcoin Ordinals, over how it plans to auction its new Bitcoin NFT collection.  On Mar. 5, Yuga opened bids for its “TwelveFold” collection which will see 300 NFT-like images inscribed on Satoshis using the Bitcoin-native Ordinals protocol, with 288 from the collection sent to the highest 288 bidders. The auction for TwelveFold has begun and will conclude on the block immediately prior to 3pm PT tomorrow, March 6th, 2023. Good luck.https://t.co/gvl8IHpekC pic.twitter.com/xGWU9jdCoO — Yuga Labs (@yugalabs) March 5, 2023 According to a Mar. 5 press release, those participating in the bidding process will be required to send their entire bid amount in BTC to a unique BTC address controlled b...

Bitcoin Lightning Network adoption receives a boost with the launch of USD payments and decentralized social media platform, Nostr. Bitcoin’s Lightning Network (LN) capacity recently surpassed an all-time high of 5,000 BTC.  The Lightning Network is a neutral protocol built on top of Bitcoin and currently it does not have a “native” token attached to it like many decentralized finance platforms. Although the Lightning Network’s total liquidity is less than 0.5% of the ETH in DeFi contracts, the uptrend in Bitcoin’s LN capacity versus a downtrend in the amount of ETH locked in smart contracts is encouraging for LN development. Total ETH locked in DeFi contracts (top) and total BTC in Lightning Network channels (bottom). Source: DefiLlama While the liquidity on the LN has been rising consistently, the number of channels on the peer-to-peer network dropped drastically in November following the FTX collapse. It could be due to an exodus of miners operating LN nodes besides running mining ...

The majority of the funds stolen were from a single wallet which had $751,321.80 USDC drained from the malicious link. Azuki, a popular nonfungible token (NFT) project, had its Twitter account compromised on Jan. 27 leading to hackers stealing over $750,000 worth of USD Coin (USDC) by posting a malicious “wallet drainer link” posed as a virtual land mint. Hackers stole $751,321.80 USDC from a single wallet within half an hour of the malicious links being tweeted, according to Etherscan data provided to Cointelegraph by crypto wallet security firm Wallet Guard. The data also revealed that Hackers stole a further $6,752.62 worth of USDC from various wallets holding 11 NFTs and over 3.9 Ether (ETH). Wallet Guard stated that the total amount stolen was $758,074.42. Emily Rose, community manager for the anime-inspired NFT project confirmed via Twitter on Jan. 27 that the Azuki account was hacked, warning users not to click any links from Azuki’s Twitter account . AZUKI OFFICIAL TWITTER AC...

MicroStrategy’s Lightning Network solutions include Satoshi-powered incentives for marketing and website cybersecurity. MicroStrategy executive chairman Michael Saylor has shared his firm’s plans to release Bitcoin Lightning Network-powered software and solutions in 2023. In a recent Twitter Spaces on Dec. 28, Saylor shared that the company is exploring software and solutions that utilize the Lightning Network, such as solutions that “support” enterprise marketing as well as a cybersecurity solution aimed at corporate websites. The Lightning Network is a layer-2 payment protocol layered on top of Bitcoin’s Blockchain that allows for off-chain transactions, raising payment throughput and lowering transaction fees. The business intelligence and tech company, known for its massive Bitcoin holdings, has been looking to beef up its Lightning Network-versed team, most recently announcing it was looking to hire a Bitcoin Lightning Software Engineer to build a Lightning Network-based software...