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Dogecoin Founder Issues Important Malware Warning to Advertisers. Dogecoin Founder Billy Markus has shared an important message to advertisers on social media platforms like X. Known as a vocal activist on X, the Dogecoin founder uncovered key reasons why users block ads that pop up on their timelines. Malware challenge. According to the Dogecoin founder, users are less likely to block ads if advertisers on websites stop making a habit of creating pops up with malware and other nonsense. His comments come amid growing concerns regarding scams on social media platforms like X. Especially in the Web3 world, many people use social media as a major channel to connect with users, and scammers generally take advantage of this. On different occasions, crypto projects like Shiba Inu (SHIB) and Ripple have issued warnings to their communities to beware of bogus claims on X. As Billy Markus noted, advertisers are to blame for users blocking their ads. Reacting to the post by the Dogecoin founder, users noted that it remains more helpful if projects, websites or advertisers just stick to telling the truth about their offerings. Users will always need to protect themselves, especially in the crypto ecosystem, where one click on social media can lead to account draining. Solving scams in crypto. As the digital currency ecosystem evolves, so too does the criminal activity grow more sophisticated. Just last week, U.Today reported that a Bitcoin whale lost a total of 1,155 BTC, marking one of the biggest heists of 2024. While many such related scams have been recorded over the past few years, there has always been one strategy to combat this unending fraud. This hinges on raising community awareness. Besides the regular sensitization from Shiba Inu and Ripple executives, Cardano Founder Charles Hoskinson also recently joined the trend, shining the spotlight on the role of Al Deepfakes overall. The bottom line is, too-good-to-be true offers in advertisements are a potential fund drainer to beware of. #MemeWatch2024

Dogecoin Founder Issues Important Malware Warning to Advertisers.

Dogecoin Founder Billy Markus has shared an important message to advertisers on social media platforms like X. Known as a vocal activist on X, the Dogecoin founder uncovered key reasons why users block ads that pop up on their timelines.

Malware challenge.

According to the Dogecoin founder, users are less likely to block ads if advertisers on websites stop making a habit of creating pops up with malware and other nonsense. His comments come amid growing concerns regarding scams on social media platforms like X.

Especially in the Web3 world, many people use social media as a major channel to connect with users, and scammers generally take advantage of this. On different occasions, crypto projects like Shiba Inu (SHIB) and Ripple have issued warnings to their communities to beware of bogus claims on X.

As Billy Markus noted, advertisers are to blame for users blocking their ads. Reacting to the post by the Dogecoin founder, users noted that it remains more helpful if projects, websites or advertisers just stick to telling the truth about their offerings.

Users will always need to protect themselves, especially in the crypto ecosystem, where one click on social media can lead to account draining.

Solving scams in crypto.

As the digital currency ecosystem evolves, so too does the criminal activity grow more sophisticated. Just last week, U.Today reported that a Bitcoin whale lost a total of 1,155 BTC, marking one of the biggest heists of 2024.

While many such related scams have been recorded over the past few years, there has always been one strategy to combat this unending fraud. This hinges on raising community awareness.

Besides the regular sensitization from Shiba Inu and Ripple executives, Cardano Founder Charles Hoskinson also recently joined the trend, shining the spotlight on the role of Al Deepfakes overall. The bottom line is, too-good-to-be true offers in advertisements are a potential fund drainer to beware of.

#MemeWatch2024

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Shiba Inu: 58 Trillion SHIB Sparks Bull-Bear Faceoff. Dog-themed cryptocurrency Shiba Inu (SHIB) faces a critical juncture in its price action. The market is on high alert as a colossal amount of 58 trillion SHIB becomes the center of a fierce tug-of-war between bullish and bearish forces. After several days of attempting to surpass the daily SMA 50 barrier at $0.0000247, Shiba Inu succumbed to bears, retreating to lows of $0.00002352 in today's trading session. At the time of writing, SHIB was down 0.65% in the last 24 hours to $0.000024, suggesting an ongoing battle between bulls and bears. According to Into TheBlock data, 58.18 trillion SHIB were bought by 57,380 addresses in Shiba Inu's current trading range between $0.000023 and $0.000025 at an average price of $0.000024. This threshold has emerged as a battleground where the short-term trajectory of SHIB's value might be determined. Bulls, optimistic traders betting on the price increase, are rallying to defend this level, hoping to spark a price increase for SHIB price. On the other side, bears, the pessimists of the market, are pushing back, aiming to drive the price down and capitalize on a potential decline. The significance of the 58 trillion SHIB threshold cannot be overstated, representing a point of convergence for market forces and investor sentiment. A strong defense of this level by the bulls could signal renewed confidence in the token's potential, suggesting that SHIB could be gearing up for a price increase. Conversely, if the bears manage to breach this threshold, it could indicate a loss of support for SHIB, potentially leading to a decline in price. Such a scenario would affect the immediate market value of SHIB. In the event of a price rebound, a successful breach of the daily SMA 50 might be needed to kickstart a fresh uptrend for SHIB price, with targets on $0.000032 or even $0.000045. On the other hand, if bears gain the upper hand, Shiba Inu might persist in its current range with support at $0.000018 and $0.00002. #MemeWatch2024
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Dogecoin (DOGE) Faces Whale Drama as Key Metric Drops 86%. In the past 24 hours, Dogecoin (DOGE), the most popular meme cryptocurrency, has been witness to worrying on-chain developments. According to data provided by Into TheBlock, there has been a notable decline of almost 86% in the Large Holders Inflow metric. This metric tracks the movement of funds into addresses held by large investors, or whales. Large Holders Inflow fell from 428.72 million DOGE to 62.63 million DOGE, equating to approximately $9.45 million. Such a decrease indicates a substantial reduction in buying activity among these major stakeholders. Typically, a decrease in this metric suggests a decrease in purchasing activity, as many large holders tend to acquire assets on centralized exchanges before transferring them to cold storage. Additionally, Large Holders Netflow, which provides insight into the position changes of whales and investors holding over 0.1% of the supply, has seen a significant decline. Last week, it entered positive territory at 411.69 million DOGE but has since fallen to 31.71 million DOGE. This shift in netflow suggests a change in sentiment among large players, potentially indicating reduced positions or selling. What about Dogecoin (DOGE) price? Simultaneously, Dogecoin's price has seen mixed trends over the past day, with a loss of 2.57% recorded yesterday and a further 1.46% decline today. Presently, the cryptocurrency is trading at $0.152 per DOGE. The implications of the decrease in whale activity on the price of Dogecoin dynamics are worth noting. Historically, the actions of large holders have had a significant impact on market movements. Therefore, the sudden decline in whale activity could lead to increased market volatility or signal changes in sentiment among institutional investors. #MemeWatch2024
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