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Turning crypto into gold: Ethereum investment alchemy

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andreasc

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April 15, 2024

Turning crypto into gold: Ethereum investment alchemy

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The world of cryptocurrency has brought about a revolutionary change in the way we perceive and handle wealth. Ethereum, in particular, has emerged as a leader in this digital financial landscape, offering unique features that make it an attractive investment. In this article, we will delve deep into the concept of converting Ethereum into gold, a practice gaining traction among investors seeking to combine the allure of cryptocurrencies with the stability of tangible assets. Exploring the potential of https://ethereumcode.app/ can be a smart move for investors who wish to bridge the gap between themselves and premium investment education.

Ethereum’s Investment Potential

Before we explore the process of turning Ethereum into gold, it’s crucial to understand the underlying appeal of this cryptocurrency. Ethereum, created by Vitalik Buterin in 2015, is not just a digital currency but also a platform for building decentralized applications (DApps) and executing smart contracts. Its versatility has made it a favorite among developers and investors alike.

Several factors contribute to Ethereum’s investment potential:

Smart Contracts and DApps

Ethereum introduced the concept of smart contracts, self-executing agreements with predefined rules, and no need for intermediaries. This innovation has opened up countless opportunities in various industries, from finance to supply chain management.

Ethereum 2.0 and Proof-of-Stake (PoS)

Ethereum is in the process of transitioning from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. This shift aims to enhance scalability, security, and energy efficiency, making Ethereum even more attractive to investors.

Ethereum’s Ecosystem and DeFi

Ethereum’s vast and thriving ecosystem includes decentralized finance (DeFi) projects, enabling users to engage in lending, borrowing, and yield farming. The DeFi sector has seen explosive growth, with Ethereum as its foundation.

Converting Ethereum to Gold: Why the Interest?

With Ethereum’s rising popularity, why the growing interest in converting it to gold? Gold has long been considered a safe-haven asset, offering stability and a hedge against economic uncertainties. Here’s why investors are exploring the Ethereum-to-gold conversion:

Risk Mitigation and Portfolio Diversification

Diversifying an investment portfolio is a fundamental strategy for risk management. By converting Ethereum into gold, investors can balance the high volatility of cryptocurrencies with the stability of a tangible asset.

Hedging Against Market Volatility

Cryptocurrency markets are notoriously volatile. Gold, on the other hand, has a history of retaining value during market downturns, making it an attractive option for risk-averse investors.

Long-Term Wealth Preservation

Gold has been a store of value for centuries, maintaining its worth through various economic crises. Converting Ethereum into gold can serve as a long-term wealth preservation strategy.

Methods for Turning Ethereum into Gold

Now that we understand the motivations behind Ethereum-to-gold conversion, let’s explore the methods available for achieving this transformation:

Ethereum-Backed Stablecoins

Some platforms offer Ethereum-backed stablecoins, where each stablecoin is backed by a specific amount of Ethereum. These stablecoins provide price stability while retaining the underlying asset’s value.

Gold-Backed Cryptocurrencies

Several cryptocurrencies are backed by physical gold reserves. These tokens are often redeemable for physical gold, offering a direct link between Ethereum and the precious metal.

Digital Gold Services and Tokenization Platforms

Digital gold services and tokenization platforms allow investors to buy and trade digital representations of physical gold. These tokens are backed by real gold bars stored in secure vaults.

Each method has its pros and cons, with factors such as liquidity, security, and ease of use varying among them.

Security and Risks

Converting Ethereum into gold involves certain security considerations and potential risks that investors must be aware of:

Addressing Security Concerns

When opting for Ethereum-to-gold conversion, it’s crucial to use reputable and secure platforms. Ensure that your assets are stored in secure wallets and backed by reliable custodial services.

Regulatory Considerations

Cryptocurrency regulations vary by jurisdiction. Investors should be aware of the legal requirements and tax implications associated with converting Ethereum to gold in their country of residence.

Potential Risks

Market volatility, counterparty risk, and tax implications can pose challenges when converting Ethereum to gold. It’s essential to assess and mitigate these risks before proceeding.

Case Studies and Success Stories

To gain a better understanding of the practical aspects of Ethereum-to-gold conversion, let’s examine some real-life case studies and success stories. These examples will shed light on the strategies and experiences of individuals and companies who have successfully executed this investment alchemy.

Conclusion

In conclusion, the practice of turning Ethereum into gold represents a fusion of the digital and physical worlds of finance. Ethereum’s unique features and the enduring appeal of gold make this investment strategy intriguing for those seeking diversification and stability. As the cryptocurrency landscape continues to evolve, Ethereum’s role in bridging the gap between the digital and tangible assets is likely to gain even more significance. For investors, exploring Ethereum-to-gold conversion can be a strategic move towards building a resilient and balanced portfolio.

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Instagram moves Notes from DMs to your profile and rolls out new custom stickers

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andreasc

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April 15, 2024

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Instagram is giving its Notes feature a makeover. Instead of staying hidden in the DMs tab, Notes will be showcased on users’ Profile pages. This update is all about boosting visibility, ensuring that users’ updates and thoughts are more easily seen.

As per the well-known tech news source Engadget, Instagram plans to roll out Instagram Notes, its short message status update feature, directly on a user’s profile page.

The app is also testing out “prompts” for Notes, enabling users to post questions for their friends to respond to in their updates, similar to the interactive “add yours” templates for Stories.

This update is expected to boost the visibility of the feature and provide users with another platform to engage with their friends’ updates. Notes function similarly to Stories, lasting for only 24 hours. However, they are visible only to mutual followers, meaning they’re not intended for as broad sharing as regular grid or Stories posts.

Additionally, the app is introducing a new Cutouts feature, enabling users to create stickers from objects in their photos, similar to how the iOS sticker feature works. These stickers can be shared on Instagram Story or in a Reel.

To make a custom sticker with Cutouts:

While crafting a reel or story, tap the Stickers icon at the top.
Choose the new Cutouts option.
Pick a photo or video with a clear subject.
A sticker will be made from the photo or video automatically. If it’s not what you had in mind, tap “Select manually” at the bottom left to choose the object you want for your sticker. Note: You can only select one object at a time for the sticker.
You can continue to create your reel or story or save your sticker for later use.

The newly created custom stickers will also be saved for later use.

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LightSpy Malware Attacking Android and iOS Users

Hacking

andreasc

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April 15, 2024

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LightSpy Malware Attacking Android and iOS Users

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A new malware known as LightSpy has been targeting Android and iOS users.

This sophisticated surveillance tool raises alarms across the cybersecurity community due to its extensive capabilities to exfiltrate sensitive user data.

LightSpy is a modular malware implant designed to infiltrate mobile devices. With variants for both Android and iOS platforms, it represents a significant threat to user privacy.

The malware’s extensive functionality allows it to harvest a wide range of personal information from infected devices.

Technical Details of the Attack

LightSpy is engineered to siphon off a variety of data from the victim’s device, including:

GPS location data
SMS messages
Data from messenger apps
Phone call history
Browser history

Document

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Moreover, LightSpy can remotely execute shell commands and record voice-over IP (VOIP) call sessions, adding to its surveillance capabilities.

Broadcom’s latest blog post highlights the LightSpy malware implant’s technicalities and impact on targeted devices.

The malware is known to spread through various means, including phishing campaigns and compromised websites.

Once a device is infected, LightSpy operates stealthily, often undetected by the user.

The modular nature of LightSpy means it can be updated with new capabilities post-infection, making it a remarkably resilient and adaptable threat.

Impact on Users

The implications of such a malware infection are severe.

Users’ private information can be compromised, leading to potential identity theft, financial loss, and personal safety concerns.

The ability to track browser history and communications in real time provides malicious actors with a wealth of information that can be exploited.

Users are advised to keep their security software up to date and to be cautious of unrequested communications that could serve as potential infection vectors.

The emergence of LightSpy malware is a stark reminder of the evolving threat landscape in the digital age.

Users of both Android and iOS devices must remain vigilant and employ robust security measures to protect their personal information from such sophisticated cyber threats.

Secure your emails in a heartbeat! To find your ideal email security vendor, Take a Free 30-Second Assessment.

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DOOGEE DK10 is the company’s new flagship rugged phone

Android

andreasc

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April 15, 2024

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DOOGEE DK10 is the company’s new flagship rugged phone

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DOOGEE announced a new flagship rugged smartphone, the DOGEE DK10. The company says that the phone is “designed with premium materials, advanced features, and a rugged build to cater to outdoor enthusiasts seeking a blend of luxury and nature’s beauty”.

The DOOGEE DK10 is a new rugged phone that has a kevlar backplate (in one of its versions)

The phone has a circular camera island on the back and several different backplate iterations. One of them is kevlar, actually. A display camera hole sits on the front, and it’s centered, while it’s easy to notice this is a rugged device.

It has a ‘Morpho quad camera’ system on the back, as DOOGEE says the phone “combines state-of-the-art AI algorithms with advanced image processing technology”. The main camera on the phone comes from Samsung, it’s the S5KGN1 50-megapixel unit.

In addition to that camera, you’ll also find a 64-megapixel night vision camera, a 50-megapixel ultrawide unit (which doubles as a macro camera), and a 16-megapixel telephoto camera. A 50-megapixel selfie camera is also included here.

A 120Hz display is also included

This smartphone has a 6.67-inch 120Hz display, which offers a 2.5K resolution. This is an AMOLED panel, in case you were wondering. It’s protected by the Gorilla Glass Victus, and it’s flat.

The DOOGEE DK10 is IP68/IP69k and MIL-STD-810H certified. In other words, not only is it water and dust-resistant, but it can also take a hit. DOOGEE also included a “high-vibration X-axis linear motor” here.

The MediaTek Dimensity 8020 SoC fuels this smartphone. The device offers 512GB of storage and 12GB of RAM. You can expand its RAM via virtual RAM, though, if needed.

This handset supports 120W wired charging, along with 50W wireless charging

A 5,150mAh battery is also a part of the package, while the device supports 120W wired charging. On top of that, 50W wireless charging is also supported here, as is OTG reverse charging.

5G is also supported, as is Wi-Fi 6. A fingerprint scanner sits on the right-hand side, the phone’s power/lock button doubles as a fingerprint scanner.

The DOOGEE DK10 is available to purchase from both AliExpress and the company’s official website. We also have some discount codes for you, you’ll find all the necessary information below.

Buy the DOOGEE DK10 (AliExpress)

Discount code for AliExpress: 20DGDK10

Buy the DOOGEE DK10 (DOOGEE Mall)

Discount code for DOOGEE Mall: DK10AD

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From traditional assets to digital: Transitioning your investment portfolio

Tech

andreasc

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April 15, 2024

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From traditional assets to digital: Transitioning your investment portfolio

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In recent years, cryptocurrencies have emerged as a disruptive pressure inside the world of finance, supplying traders with new opportunities for diversification and potential high returns. As the virtual asset marketplace continues to gain traction, many investors are thinking about transitioning their investment portfolios from traditional assets to include cryptocurrencies. This article explores the advantages of incorporating crypto into your investment method and affords guidance on how to make a smooth transition. For a better investing experience, learning about it can be a game changing step! Consider Chrominator for premium investment education.

Understanding the Benefits of Crypto in Your Portfolio

Cryptocurrencies offer traders the possibility to diversify their portfolios beyond conventional asset classes consisting of stocks, bonds, and actual estate. Unlike traditional goods, which are frequently correlated with broader marketplace moves, cryptocurrencies have proven to have a limited correlation with conventional markets, supplying diversification blessings. Including crypto in your portfolio can help unfold risk and decrease typical volatility.

Potential for High Returns: The cryptocurrency market has historically been characterized with the aid of excessive volatility and fast charge movements, supplying the potential for considerable returns. While this volatility can be a double-edged sword, it additionally provides possibilities for savvy traders to capitalize on short-term rate fluctuations and generate alpha. By adding crypto to your portfolio, you may doubtlessly decorate your average returns and obtain higher hazard-adjusted performance.

Innovation and Technological Advancement: Cryptocurrencies are built on blockchain technology, which has the capacity to revolutionize numerous industries, consisting of finance, supply chain control, and healthcare. By making an investment in cryptocurrencies, you are now not simply gaining publicity for a brand new asset magnificence but additionally helping innovation and technological development. Many cryptocurrencies are sponsored by way of groundbreaking initiatives that are pushing the limits of what’s viable within the virtual realm.

Hedge Against Inflation: With central banks around the world undertaking unheard of monetary stimulus measures, concerns about inflation and foreign money devaluation are on the upward push. Cryptocurrencies like Bitcoin are often touted as virtual gold and a hedge in opposition to fiat forex depreciation. By protecting crypto on your portfolio, you may shield your purchasing strength and preserve wealth in the face of inflationary pressures.

Guidance for Transitioning Your Portfolio

Before diving into the sector of cryptocurrencies, it’s critical to train yourself approximately the technology, the market, and the dangers concerned. Take the time to research one-of-a-kind cryptocurrencies, understand how blockchain works, and familiarize yourself with key principles like wallets, exchanges, and personal keys. There are masses of resources to be had on line, consisting of articles, films, and forums, where you could research from seasoned investors and enterprise specialists.

Define Your Investment Strategy: Just like with conventional belongings, it’s critical to have a clean funding method with regards to crypto. Determine your investment desires, danger tolerance, and time horizon before allocating any capital. Are you seeking a long-term boom, or are you more interested in brief-term trading possibilities? Are you comfortable with the volatility associated with cryptocurrencies, or are you seeking more strong investments? Defining your strategy will help guide your decision-making technique and make certain that your portfolio aligns with your financial goals.

Start Small and Diversify: When transitioning your portfolio to include crypto, it is smart to begin small and regularly increase your exposure through the years. Consider allocating a small percentage of your usual portfolio to crypto to begin with, and then regulate your allocation based on marketplace conditions and your consolation level. Additionally, diversification is key to coping with danger successfully. Instead of putting all your eggs in a single basket, unfold your investments throughout more than one cryptocurrencies to reduce idiosyncratic chances.

Choose the Right Platform: There are many one-of-a-kind structures and exchanges where you may purchase, sell, and change cryptocurrencies. When selecting a platform, remember factors including safety, charges, liquidity, and what the person revels in. Look for systems that offer robust security functions, which include issue authentication and bloodless storage, to protect your belongings from hackers and cyberattacks. It’s additionally vital to pick out a platform that helps a huge range of cryptocurrencies offer you access to the best funding opportunities.

Stay informed and be patient: The cryptocurrency marketplace may be particularly unstable and unpredictable, so it’s critical to stay knowledgeable and keep up to date with the latest news and developments. Follow reliable resources of facts, which include cryptocurrency news websites, forums, and social media channels, to stay informed about market tendencies, regulatory adjustments, and technological improvements. Additionally, be patient and avoid making impulsive choices based totally on quick-term price movements. Investing in crypto calls for a long-term attitude and a willingness to journey out of market fluctuations.

Conclusion

Transitioning your investment portfolio from conventional assets to include cryptocurrencies may be a profitable undertaking, providing possibilities for diversification, excessive returns, and exposure to modern technology. By knowing the blessings of crypto, defining your investment strategy, starting small, diversifying your holdings, selecting the proper platform, and staying informed, you could navigate the complexities of the crypto market and position yourself for long-term success. While investing in crypto incorporates inherent dangers, it also has the potential for large rewards for those inclined to embrace this rising asset magnificence.

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Telegram launches powerful, easy-to-use sticker editor

Apps

andreasc

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April 15, 2024

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Telegram launches powerful, easy-to-use sticker editor

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Telegram has just confirmed it will announce 16 new features by the end of this month. But before those new features are revealed, the messaging app introduced early this week an advanced sticker editor that’s available to both free and Premium users.

The new sticker editor allows users to create stickers and sticker sets without having to leave the app. Simply take a photo and add text, drawings, animated stickers, emojis and GIFs, which are already available in the app.

The sticker editor offers many editing features including the option to cut out objects and remove the background. Also, users can manually erase and restore parts of their photo, as well as add an outline to make the stickers look classic.

Each sticker created can be added to a set by simply choosing the emojis that describe its emoji. It’s worth noting that Telegram will use AI to suggest users the correct emoji based on their image.

Of course, users can share their sticker sets. When you send someone of the stickers created in the new editor, they can tap it to add the whole set. Not to mention that each sticker set also has its unique t.me link.

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These three Android apps can wipe out users’ bank and stock accounts; delete them now!

Apps

andreasc

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April 14, 2024

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These three Android apps can wipe out users’ bank and stock accounts; delete them now!

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There are three malicious apps that Android users need to make sure they don’t have installed on their phones. Researchers at cybersecurity software firm ESET (via The U.S.Sun) say that these apps are out to steal users’ personal information including the credentials needed to access victims’ financial apps. These apps hold themselves out to be messaging apps and while they might appear to provide basic functions and seem legitimate, they contain XploitSPY malware.

The scary thing is that these apps made it through Google Play Protect which scans all of the apps on Android phones every day to “prevent the installation of harmful apps.” Unfortunately, hackers have figured out ways to defeat this protection. If you have any of the three apps listed below on your Android phone, you know the drill. Uninstall them immediately:

Dink Messenger
Sim Info
Defcom

Even though these apps have been removed from the Google Play Store, if you have them installed on your phone, they can still steal your personal info and help the hackers break into your financial apps. ESET, notes that the campaign started in November 2021 in a bid to have Android users install malware on their handsets in India and Pakistan.

Dink Messenger is one of the three apps you need to uninstall

To see if any of these apps are on your phone, go to Settings > Apps > See all xxx apps and scroll down the list looking for the seven apps listed in this article. To delete an app on your Android phone, Open the Google Play Store > Tap the profile icon on the upper right corner of the screen >Tap on Manage apps and devices > Tap on the Manage tab > Select the name of the app you want to uninstall > Tap Uninstall. Do this now to protect your bank and other financial accounts.

Defcom is another Android app that could wipe out your financial accounts if not uninstalled

You can determine if your phone has been infected withXploitSPY malware by watching out for the following signs:

Is your device running slower than normal with decreased performance including slower internet speeds?
Have the system settings been changed without your permission?
Does the battery drain too quickly?

If you’ve noticed that money has disappeared from your financial apps or you have been the victim of a stolen identity scam, these are signs that your phone might be running malicious apps. Besides being found in apps listed in the Play Store, the malware can be installed on your phone via infected attachments to emails, malicious ads posted online, and from scam websites that you might have been prompted to visit.

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Viber launches AI-powered feature to help manage unread messages

Apps

andreasc

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April 14, 2024

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Viber launches AI-powered feature to help manage unread messages

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Viber introduced earlier this week yet another AI-powered tool that will make it easier for users to manage unread messages in group chats. The new feature makes it possible to summarize unread messages in group chats, as well as extract the most important parts of a user’s group conversation and convey it in short form.At launch, the new AI summary feature will only be available for group chats, but it might expand to other parts of the messaging app in the future. Specifically designed to meet the needs of its users, the AI summarizer is able to distill essential information from up to 100 unread messages into a private bullet-pointed summary.

To enable the new AI-powered tool, Viber users must enter a group chat with unread messages and accept to obtain the summary of the missed part of conversation from the prompt that welcomes them.

It’s important to mention that these summaries are only visible to users who request them. Another thing worth noting is that the AI chat summary content does not include any identifiers beyond usernames, which means that specific conversations can’t be externally connected to any group members.

Obviously, Viber won’t have access nor will it save conversations or summaries on its servers, ensuring privacy and confidentiality.

According to Viber, this feature is gradually rolled out to users in the United States, the Philippines, Ukraine, Japan, Bulgaria, and Poland with more countries to follow soon. The AI summarizer supports both iOS and Android platforms and comprehends more than 50 languages.

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Apple software bug incorrectly showed iOS app developers earning millions of dollars

Apps

andreasc

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April 14, 2024

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Apple software bug incorrectly showed iOS app developers earning millions of dollars

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Some App Store developers received a Community Chest card from Apple that said “App Store error in your favor. Collect $10.5 million. Hey, that’s a reasonable way to explain what this story is all about. After all, Apple is acting like a monopoly according to the U.S. Department of Justice. What is really going on is a bug in the App Store Connect program which last week incorrectly showed some App Store developers earning over a million dollars from their apps listed in the App Store.

App Store Connect allows developers of apps listed in the App Store to view sales reports, and app analytics, and even invite users to test their apps using TestFlight. According to AppleInsider, developers have posted on social media that sales and proceeds data on App Store Connect is not accurate and in the 24-hour view, wide swings in the numbers can be seen over a few hours.

App Store app developer took in $10.5 million in proceeds according to App Store Connect

The bottom line is that App Store Connect is showing developers that they made much more money than normal with some showing earnings in the range of $2 million to $10.5 million. The latter figure is what developer Jeff Johnson saw in his account leading him to post on Mastodon, “Best day of my life.” Developers impacted by the bug saw their proceeds hit a figure 999% more than what they should be.

Another App Store developer becomes a millionaire on paper

Another iOS app developer James Thomson had $3.88 million in proceeds according to App Store Connect although Apple seemed to figure out that something was not right. On the top of Thomson’s App Store Connect page was a message reading, “An issue exists with Sales and Proceeds data in the 24-hour view from April 10, 2024 10 p.m. UTC. We are working on resolving this.”

The bug can lead some developers to spend much more money on ads than they planned to. App Store developers can arrange to automate their ad spending based on the proceeds per hour that they receive. When those numbers are artificially high because of a bug, especially as much as 999% higher to figures in the millions of dollars, some developers could end up on the hook for huge amounts of money used to advertise their apps automatically.

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These red flags will warn you of a dating app “romance scammer” looking to wipe you out

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andreasc

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April 14, 2024

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These red flags will warn you of a dating app “romance scammer” looking to wipe you out

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Tinder users are being warned that some users of the dating app are more interested in having a relationship with your money than having a relationship with you. According to EarthWeb (via U.S.Sun) the Tinder app is filled with what they call “romance scammers” who are looking to rip you off. These criminals want to build up your trust and help you develop romantic feelings toward them in order to wipe out your bank account.

Once they have your trust, “romance scammers” start asking you for money

These scammers can be found hanging around the Tinder app or other dating sites like Bumble and Hinge. By kissing up to you, they are building up your trust in them while you also develop romantic feelings for these crooks. Once they feel that they have you “hooked,” you’ll get requests for some money, or they might ask for the login info you use for banking and financial apps. Another brazen request they make is for you to buy something for them, perhaps to prove your love.

Tinder users are hoping for love but leave themselves open to get scammed

“A brand new Galaxy S24 Ultra would really show me how much you care,” the scammer might say. “And, well, the version with 1TB of storage would show you love me four times as much as the 256GB model.” Don’t think for a minute that such scams can’t happen. The FBI says that last year $1.1 billion was stolen from victims of “romance scams.” The FBI said, “The scammer intends to establish a relationship as quickly as possible, endear himself to the victim, and gain trust. Scammers may propose marriage and make plans to meet in person, but that will never happen. Eventually, they will ask for money.”

EarthWeb’s privacy expert Trevor Cooke shared some red flags that those using dating apps should be on the lookout for:

If someone continues to make excuses to avoid answering your valid questions, like how old they are or where they are from, that is one of the biggest red flags. Cooke says that in that scenario, “There’s a high possibility they’re a catfish trying to lure you into a scam. Before you go on a first date with someone, you should at least know their age and the general area in which they live,” Cooke states.

Another red flag is when someone on Tinder is fishing for personal information from you. This warning sign includes excessive messaging on their part, impatience when you reply to a message late, asking odd personal questions that don’t fit in with your conversation, interrupting questions you have about them to ask about you, and asking for money only a short time after you’ve met the person.

That photo of your match lying on a bed full of cash is a red flag

Watch out for romance scammers who have incredible pictures on their Tinder profiles. These would include photos of fancy yachts and private jets or photos of the person showing off by holding large stacks of cash. On the other hand, if the person’s profile has only one photo, that’s also a red flag. “One quick way to find out if their photos are legit is to ask them to take a photo of them doing something very specific. If they can’t produce it, they’re likely a catfish,” says Cooke.

Cooke also states, “If every other message is asking when you can meet up and you aren’t even having a real conversation of substance, then it may be time to unmatch. Remember, when you do meet someone in person for the first time, always do so in a public area, or take a friend with you.”

To stay safe, do not send any money to someone you’ve only met online or over the phone. Be careful about the information you share since that data can be used to break into your financial apps. Research a person’s profile and pictures to see if the name or image has been used elsewhere on the internet. Do not give away your passwords!

Lastly, avoid people who request inappropriate photos of you because such images could be used in an extortion scheme. Don’t share financial information, and be wary of someone who is trying to separate you from your friends and family.

If there are no red flags, perhaps you have found real love on Tinder.

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