India-based e-commerce giant Flipkart is utilizing Fireblocks’ Wallets-as-a-Service to seamlessly create wallets on their FireDrops app, providing a user-friendly and highly integrated Web3 experience for their customers. To date, over 3.6 million active wallets have been created on the platform.

Anyone can get scammed. If you think you're somehow immune to being scammed, then, in my opinion, you're a prime target for being scammed. No one is too big, too clever, too security-savvy to avoid being duped because it's only human to make a mistake and screw up. And that certainly seems to be the case with Bill Lou.

Researchers at Scam Sniffers have found that phishing attacks stole nearly $295 million worth of cryptocurrency from 324,000 victims in 2023, CryptoSlate reports. The cryptocurrency is stolen by malware delivered via phishing sites. “Wallet Drainers, a type of malware related to cryptocurrency, has achieved significant success over the past year,” the researchers write.

The blockchain has emerged as a revolutionary technology with the potential to redefine how data is managed, stored, and shared. While initially associated with cryptocurrencies like Bitcoin, the blockchain’s applications extend far beyond finance, impacting industries ranging from healthcare to supply chain management. One of the blockchain’s key promises lies in ensuring data consistency, transparency, and privacy, critical elements in an interconnected and data-driven world.