Tag: blockchain technology

Crypto’s Latest Craze Friend.tech Is Overrun by Bots, ‘Speculative Games’
Technology

Crypto’s Latest Craze Friend.tech Is Overrun by Bots, ‘Speculative Games’

[ad_1] A hot new social-media project that enlivened an otherwise dull summer for digital-asset traders is already beginning to fizzle out, after reaching a peak that at one point made it the highest-earning service provider in decentralized finance.It's called friend.tech, a blockchain-based platform that allows users to buy and sell digital tokens linked to their favorite influencers on X (formerly Twitter), which act as a gateway to communicate with other backers in dedicated group chats. Early creators on the platform include crypto personalities like Cobie and HsakaTrades, as well as Milwaukee Bucks basketball player Grayson Allen and Y Combinator CEO Garry Tan. Less than two weeks after its Aug. 10 debut, fees on friend.tech — where 10% of every token purchase or sale gets split b...
Cyber Resilience in a Rapidly Changing World: Staying Ahead with Evolving Technology
Technology

Cyber Resilience in a Rapidly Changing World: Staying Ahead with Evolving Technology

[ad_1] Technological breakthroughs have grown extremely prevalent in an increasingly digitized environment, revolutionizing the various facets of our daily lives. The growth of Artificial Intelligence (AI) in recent years has been a spectacular breakthrough, ushering in a new era of possibilities and transformations. AI technologies and applications have found their way into a variety of industries, allowing for automation, better decision-making, and overall efficiency. However, as the world embraces digitalization and artificial intelligence, it is also confronted with the darker side of this technological revolution: the new perils of cybercrime. Particularly in the aftermath of the COVID-19 pandemic, the travel industry has seen tremendous expansion and appeal. As people regain thei...