Top Tech News Today: Elon Musk Announces Major UI Changes; Twitter's Interface Will Alter! FTX Collapse: Digital … – Analytics Insight

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What’s New Today: Expert and Novice Cybercriminals Have Already Started Using OpenAI’s ChatGPT Chatbot to Create Hacking Tools, According to Security Analysts.
Fast-Track Insights: Governor of the Bank of France calls for more stringent crypto licencing in France. The Governor claims that the current instability in the cryptocurrency market is to blame.
Elon Musk, the head of Twitter, revealed that the microblogging service will undergo significant interface changes as well as the potential introduction of a long-form tweet feature at the beginning of February. Musk revealed several forthcoming changes to Twitter’s user interface in a post. He stated in a tweet: “Easy swipe right/left to move between recommended vs followed tweets rolls out later this week. First part of a much larger UI overhaul. Bookmark button (de facto silent like) on Tweet details rolls out a week later. Long form tweets early Feb.”
Security analysts have reported that both experienced and beginning cybercriminals have already begun using OpenAI’s chatbot ChatGPT to create hacking tools. In one known instance, the Israeli security firm Check Point discovered a thread on a well-known underground hacking site by a hacker who said he was testing the well-liked AI chatbot to “recreate malware strains.” The hacker later compressed and distributed Android malware created by ChatGPT throughout the internet. According to Forbes, the spyware has the power to steal important files.
After spending $44 billion, Elon Musk acquired control of Twitter and fired hundreds of workers. He maintained at the time that the staff would receive severance, but various reports last week alleged that they had not yet received any contact about it. According to recent reports, several employees received severance pay yet perform below expectations. Many people were expecting far more money from the settlement. The report also claims that because of the nature of the emails, recipients’ spam folders received them.
According to reports, the DoJ and SEC are looking into the cryptocurrency empire of Barry Silbert, which is led by Digital Currency Group. The collapse of Sam Bankman-crypto Fried’s enterprise is still having an impact on the industry. Following the failure of the lender BlockFi, the many corporations are still keeping an eye on one another to determine who will become the subsequent collateral victims of this catastrophe. Lender Genesis, a division of the crypto behemoth Digital Currency Group, or DCG, has been the centre of attention. Due to FTX’s insolvency, the brokerage ceased allowing customers to withdraw money and issue new loans in November.
Due to the current volatility in the cryptocurrency market, Francois Villeroy de Galhau, governor of the Bank of France, has advocated for stronger licencing requirements for cryptocurrency businesses in France. He urged that France develop its own required licencing for local digital asset service providers rather than waiting for European Union crypto rules to be adopted (DASPs). It may take until 2024 for the Markets in Crypto Assets bill (MiCA), which contains a crypto licencing system, to go into effect.
Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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