According to a security analyst, sensitive personal information for over half a billion Facebook users was leaked on a well-trafficked hacking forum earlier today — a potential risk to millions of cryptocurrency traders and hodlers who now may be vulnerable to sim swapping and other identity-based attacks. The trove of information was first discovered by Alon Gal, CTO of security firm Hudson Rock, who posted on Twitter about the leak earlier today: All 533,000,000 Facebook records were just leaked for free. This means that if you have a Facebook account, it is extremely likely the phone number used for the …
Mark Zuckerberg, CEO of Facebook, has riled excitement across the crypto community after taking to social media to announce two of his pet goats have been named “Bitcoin” and “Max.” Zuckerberg announced the curious names for his pet goats in a Tuesday Facebook post stating: “My Goats: Max and Bitcoin.” Crypto Twitter has been whipped into frenzied speculation in response to the goats’ names, with analyst LilMoonLambo tweeting to their 97,000 followers: “You have two weeks to accumulate as much $BTC as you can before Mark Zuckerberg announces that he and Facebook have purchased Bitcoin during their annual shareholders meeting... …
Meta — the company formerly known as Facebook — is diving straight into virtual reality with a preview of its latest research and development on haptic gloves which give sensory feedback while in digital realms. Facebook rebranded to Meta in late October to shift its focus from social media to Metaverse and VR tech development. In a Nov. 16 blog post, Meta shared the latest breakthroughs in haptic glove research from its VR tech firm Reality Labs, noting that the product has been seven years in the making. The firm shared a video that shows two people testing the haptic …
Meta, formerly branded as Facebook, has officially announced the closure of its digital currency project Diem after years of major efforts to move forward with the initiative. Announcing the news on Monday, Diem CEO Stuart Levey confirmed that Meta is selling intellectual property and other assets related to the Diem stablecoin project to its Silvergate Capital Corporation. The Diem Association and its subsidiaries will start winding down operations “over the coming weeks,” Levey said. The association, however, is still confident that Diem’s ideals will continue to thrive even after Meta officially terminated its involvement in the project, the CEO noted: …
Meta Platforms Inc., formerly known as Facebook Inc., posted its Q1 2022 earnings on Wednesday, with its Metaverse-focused Reality Labs division posting increased losses. The Reality Labs division — formerly known as Facebook’s Oculus division — has been spending increasing sums of capital on developing virtual reality and metaverse-related products, posting a $2.9 billion loss for Q1 2022. That’s 61% more than its $1.8 billion loss in Q1 2021. Overall Reality Labs revenue came in above expectations, seeing $695 million in revenue during the first quarter of this year from the sales of things like virtual reality (VR) headsets and …