The mastermind behind the hack of the SEC’s X account was arrested yesterday. 25-year-old Eric Council Jr., also known as Ronin, Easymunny, and AGiantSchnauzer, used a technique called SIM swapping to trick a phone carrier into transferring the SEC’s X account number to a SIM card he controlled. Meanwhile, fears are rising over flaws in AI-powered robots, after researchers proved they could make the machines carry out dangerous tasks. In blockchain news, Sam Altman’s “Worldcoin” launched its own Ethereum Layer-2 blockchain, World Chain, which is now accessible to all its 15M users.
The Defi Comment:
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A 25-year-old hacker named Eric Council Jr. managed to manipulate the U.S. Securities and Exchange Commission’s account to post incorrect information about Bitcoin ETFs approval, causing a $1K spike.
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The method Council Jr. used to gain access to the SEC’s account was ‘SIM swapping’. He got the account number transferred to a SIM card he controlled, then bypassed two-factor authentication.
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Apparently, Council Jr. used Google to search for terms related to his hacking actions, even attempting to ascertain if he was being investigated by the FBI. His ‘hacking 101’ did not end well, and he was arrested.
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Researchers have discovered significant vulnerabilities in AI-powered robots, showing that these machines could be made to perform hazardous tasks such as delivering explosives.
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Lastly, Worldcoin launched its proprietary Ethereum Layer-2 blockchain known as World Chain, now accessible to its 15 million verified users.
I don’t own the rights to this content & no infringement intended, CREDIT: The Original Source: www.bitdegree.org
