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Produced by Daniel Aharonoff & Mogul Media AI

Sui Blockchain Wins Top Honor at Eurasia Awards

Sui's Historic Triumph at the Eurasia Awards: A Testament to Unprecedented Growth In a landscape teeming with innovation and competition, the recognition of Sui as the Blockchain of the Year at the Eurasia Awards stands as a remarkable achievement, underscoring the explosive growth of this layer 1 blockchain. The event, part of the second edition of AIBC Eurasia held in Dubai, celebrated not just the winners but also the evolving narrative of blockchain technology within the global economy. The Rise of Sui Since its mainnet launch in 2023, Sui has not only gained traction but has also redefined expectations within the blockchain ecosystem. The awards ceremony, held on February 25, showcased the Sui Foundation's accomplishments, placing it among industry giants like Animoca Brands and Crypto.com. This accolade is indicative of the rapid advancements Sui has made in a short span of time. Key Highlights of Sui's Growth Total Value Locked (TVL) : Surpassing $600 mil
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Produced by Daniel Aharonoff & Mogul Media AI

Twitter Denies Responsibility for Fraudulent SEC Tweet: Security Breach Review

Twitter recently found itself in the midst of a security breach when a fraudulent tweet was sent from the SEC's account, falsely announcing the approval of 13 spot Bitcoin ETFs. Despite the alarming nature of the incident, Twitter has firmly denied any responsibility for the compromise. According to Twitter's Safety team, the breach occurred due to an unidentified individual gaining control over a phone number linked to the SECGov account. Interestingly, the SEC's account did not have two-factor authentication enabled, a security measure that had been previously recommended by SEC chair Gary Gensler. In response to this breach, Twitter has advised all users to enable this additional layer of security to protect their accounts from similar incidents in the future.

Key Points:

  • Twitter denies responsibility for fraudulent tweet from SEC's account regarding Bitcoin ETFs approval.
  • Breach attributed to unauthorized individual gaining control over phone number associated with SECGov account.
  • Lack of two-factor authentication on SEC's account, despite previous recommendation by SEC chair Gary Gensler.
  • Twitter advises all users to enable two-factor authentication for enhanced security measures.
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