Upated information 10/10/2022
This is a significant concern for all social media users – today, Meta has reported that it’s detected 400 apps, this year alone, which offer fake features and tools that are designed to lure people to log into these apps with their Facebook credentials, which then gives developers access to their data and information.
=====================
Updated information on August 18, 2022
Everyone trusted the two guys at Three Arrows Capital. They knew what they were doing — right?
Illustration: Natalia Agatte
This article was featured in
One Great Story,
New York’s reading recommendation newsletter
===========================
What we are reading on August 3, 2022
Robinhood is cutting about 23% of its workforce. The layoffs equate to about 800 employees. The cuts come just after Robinhood's crypto unit was hit with a $30 million fine
by the New York State Department of Financial Services for failing to
implement proper security and money-laundering prevention.
Meta has been quietly testing a new livestreaming platform. The product, called Super,
would allow users to host interactive livestreams, engage with fans,
and earn revenue. Meanwhile, Facebook is shutting down its live shopping program and shifting its focus to Reels.
The cross-chain token bridge Nomad has been drained of nearly $200 million in funds in a security exploit. On
Monday, hundreds of potential hackers systematically removed almost all
of the bridge's $190 million in funds in just a matter of hours. As per
Cointelegraph, only $651.54 remains in the wallet.
How to identify fake text messages that are likely scams. We broke down seven ways to spot a scam — like checking for grammar and spelling mistakes — and five ways to stop spam messages or robotexts.
