X-Industry

The US Federal Bureau of Investigation (FBI) warns that cyber crooks are masquerading as legitimate non-fungible token (NFT) developers to steal cryptocurrency and other digital assets from unsuspecting users.  In these fraudulent schemes, criminals either obtain direct access to NFT developer social media accounts or create look-alike accounts to promote "exclusive" new NFT releases, often employing misleading advertising campaigns that create a sense of urgency to pull them off.

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Meta’s workforce ballooned in recent years as the Facebook parent company signaled its ambitions for the metaverse. Still, recent moves suggest that it is feeling the sting of changing tech trends and rough market conditions.  The company today announced another round of layoffs, one day after saying that it was “winding down” support for NFTs (non-fungible tokens).  Co-founder and CEO Mark Zuckerberg wrote in a post on 14 March 2023 that Meta will terminate about 10,000 additional employees in