Godman's Tech Update Hub
15/05/2022
ELON MUSK PUTS TWITTER DEAL ON HOLD OVER FAKE ACCOUNT DETAILS
Elon Musk has said his $44bn (£35bn) deal to buy Twitter is on hold after he queried the number of fake or spam accounts on the social media platform.
He said he was waiting for information "supporting [the] calculation that spam/fake accounts do indeed represent less than 5% of users".
Mr Musk added later that he was "still committed to [the] acquisition".
However, analysts speculated he could be seeking to renegotiate the price or even walk away from the takeover.
Mr Musk's
03/04/2022
RONIN NETWORK (OWNERS OF AXIE INFINITY CRYPTO-EARNING GAME) GOT HACKED
SEE WHAT A $600m HACK SAYS ABOUT THE STATE OF CRYPTO;
Thousands, if not millions, of people could have lost money in the second largest crypto hack in history.
Ronin Network, a key platform powering the popular mobile game Axie Infinity, has had $615m (£467m) stolen.
A 20-year-old from Wiltshire, Dan Rean, is one of those affected. He told the BBC: "I have lost 0.15 Ethereum, about $500. It's bad but I have friends in a worse position."
Jack Kenny is one of those friends, and said: "I'm down about $10,000."
The 23-year-old from Ireland added: "I don't think people fully understand the significance of this hack - $600m is a very big portion of all the assets in this network."
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