Elon Musk's X to auto-lock first-time crypto posts to curb phishing [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Yahoo! Finance
On Apr. 1, Benjamin White, the founder of the prediction market Predictfully, shared his experience about his X account getting hacked and the hacker posting scam content, including tokens, links, etc. Worse, the hacker even tried to extort $4,000 from White to return the account. Thankfully, he got back the control of his account after the X team resolved the matter, White shared. Related: Elon Musk's X plans new feature for crypto traders Nonetheless, the Predictfully founder urged Bier to address the widespread issue. The X product head acknowledged the problem and reassured that the team is in the process of implementing a process of auto-locking and verifying an account that posts about cryptocurrency for the first time in the history of their account. Since Google isn't doing anything to stop phishing emails, this process should do the trick and kill 99% of the incentive, Bier claimed. Another user asked him about crypto scam accounts tagging 50 people at the same t
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