Eliza Labs founder X hacked, posts scam links
Eliza Labs founder Shaw Walters has confirmed that his X account was compromised over the weekend, with users reporting that his account was posting fraudulent links.
“I don’t know what the hell happened with the hack,” Walters stated, mentioning that he had implemented two-factor authentication and used a strong password with a password manager.
“I woke up to a barrage of DMs informing me that my account had been hacked. My wife managed to log in, erase the posts, and unlink accounts while I was asleep, so I didn’t witness it firsthand,” he shared.
“It was obviously a well-planned and targeted attack,” he expressed, apologizing to anyone who may have incurred losses from the scam links posted on his account. “This field can be exhausting,” he noted.
Eliza Labs is known for creating the Eliza open-source AI agent framework, which is associated with the native token ai16z. The team acted quickly to warn followers against engaging with the fraudulent links or any other links shared from Walters’ account.
World Orbs rolls out in the Philippines
Financial and identity network World has announced its availability in the Philippines, beginning with Orb verifications near the capital, Manila.
On February 17, World—previously known as Worldcoin—stated that the Philippines hosts a “young, digitally savvy population and an emerging middle class eager to adopt new technologies and financial solutions.”
The timing is particularly significant for the Philippines, as the country ranks first globally in social media usage, according to the announcement.
Additionally, Filipinos are among the most enthusiastic early adopters of artificial intelligence, with 86% of knowledge workers incorporating AI into their workflows.
Initial World ID Orb verifications will be offered in select cities in Bulacan province, just outside of Manila, in preparation for a nationwide rollout.
On February 12, the firm announced that World ID verification had also launched in Jakarta, the capital of Indonesia.
Boyaa predicts profit surge with help from Bitcoin gains
Chinese gaming company Boyaa Interactive has projected that its net profit for 2024 could surge by as much as 640% to 680% compared to 2023, primarily due to gains from its Bitcoin assets, as revealed in a filing on February 16.
The company remarked that this surge is “mainly due to the value-added gains from the digital assets held by the group,” alongside its online operational activities and the ongoing optimization of its gaming products.
Revenue is anticipated to rise by 15% to 20% compared to 2023.
Boyaa held 3,183 BTC as of late November, currently valued at $306 million, making it the eleventh-largest corporate holder of Bitcoin and the largest in Asia, surpassing Japan’s Metaplanet, which holds 1,762 BTC.
Despite a 15% decline in stock prices since the start of the year, shares have increased more than 600% compared to the same time last year.
Coinbase pledges to challenge Tether
Coinbase CEO Brian Armstrong announced during the company’s earnings call last week that the firm intends to challenge Tether’s leading position as the top stablecoin issuer, with the goal of making USDC “the number one.”
However, Armstrong acknowledged that this goal is a “stretch goal,” indicating the ambition of this challenge. USDC currently holds about 24% market share, while Tether’s USDT commands 61% of the $234 billion stablecoin market.
Armstrong is optimistic that as much as 10% of global GDP “could be operating on crypto rails by the end of this decade.”
Other News
Popular Bitcoin analyst and creator of the stock-to-flow model “PlanB” stirred conversation over the weekend when he revealed he had moved his Bitcoin into exchange-traded funds for “peace of mind” due to complications with private keys.
“Perhaps they are worried about $5 wrench attacks or trying to appear less of a target for attackers by claiming their stack is all in ETFs now,” suggested Bitcoin pioneer Samson Mow.
If someone says they moved all their #Bitcoin to ETFs, I would leave them be. Maybe they are concerned about $5 wrench attacks or trying to make themselves less of a target for attackers by saying their stack is all in ETFs now.
Meanwhile, Argentine President Javier Milei is reportedly facing charges of fraud after endorsing a cryptocurrency project named LIBRA that has been described as an insider scam.
