Top Tech News Today: Elon Musk Restores Twitter Accounts of Journalists but Fear Continues! Brazilian Central Bank Plans to Launch CBDC in 2024

Top Tech News Today: Elon Musk Restores Twitter Accounts of Journalists but Fear Continues! Brazilian Central Bank Plans to Launch CBDC in 2024
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Elon Musk restores Twitter accounts of journalists but concerns still exist! Read more tech news

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: WhatsApp users lose over Rs 54 crore to a new scam; WhatsApp is becoming one of the modes for scammers to trick people and steal money

Fast-Track Insights: After a few nights in the Bahamian jail, Sam Bankman-Fried decides not to fight the US's request for extradition.

Despite Musk's earlier post stating that he would not suspend ElonJet in the name of free expression, Twitter suspended the account on Wednesday along with others that tracked private aircraft. Several journalists' Twitter accounts that were suspended for a day due to a dispute over releasing open information on the billionaire's plane have been reinstated by Elon Musk. The extraordinary bans on Friday drew sharp criticism from government representatives, advocacy groups, and journalistic organisations from around the world; some said that the microblogging platform was endangering press freedom. The reinstatements followed those suspensions.

Globally, there is an increase in online financial fraud. We are seeing a lot of cases where con artists are deceiving people and draining their bank accounts. Whether it's a Sim exchange, UPI, or ATM card scam. And just when we think we've seen it all, something fresh is uncovered that shows us exactly how far fraudsters will go. Adding another surprise, People have lost more than Rs 57 Crore due to a new cyber fraud on WhatsApp. In the past several months, over 1,150 WhatsApp users fell victim to fraud. Over WhatsApp, scammers are sending SMS posing as members of the family or close friends.

In a tweet regarding openings at the studio, Sony-owned Guerrilla Games confirmed a new Horizon online multiplayer game. Guerrilla tweeted, "Join Guerrilla in Amsterdam as we work to expand the universe of Horizon." A picture in the tweet states, "A new internal team is building a different Online Project set in Horizon's universe. The statement said, "Friends will be able to explore the vast wilds of Horizon together, featuring a new cast of characters and a unique stylized design. According to the company's website, the Horizon game series comprises Horizon Forbidden West, Horizon Call of the Mountain, and Horizon Zero Dawn.

Nations all around the world are frantically trying to figure out how to use blockchain technology to boost their economy. Numerous central banks are investigating the fiat alternatives that cryptocurrencies offer as a result of the increased popularity of cryptocurrencies. Brazilian CBDC is scheduled to debut in 2024. The president of Banco Central do Brazil, Roberto Campos Neto, has said that the central bank intends to launch a central bank digital currency by 2024. At a recent lecture on data security and protection in the digital realm, Campos Neto made his announcement.

Charges against Bankman-Fried include conspiracy to engage money laundering, conspiracy to commit commodities fraud, and conspiracy to commit securities fraud. These allegations stem from suspected fraud at both FTX and Alameda. Sam Bankman-Fried, the former millionaire CEO of the now-defunct cryptocurrency exchange FTX and the hedge fund Alameda, just recently chose to challenge a US extradition request due to his crucial involvement in the FTX debacle that misled thousands of investors. He changed his mind and accepted to be extradited back to the United States after spending a few nights in a Bahamian prison.

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