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Fake Ledger Live app sneaks into Microsoft's app store, $588K stolen

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The $588,000 was stolen across 38 transactions, with the largest transfer totaling $81,200. Almost $600,000 in Bitcoin (BTC) has been stolen from users who downloaded a fake Ledger Live application on Microsoft’s app store, according to cryptocurrency sleuth ZachXBT. The on-chain analyst spotted the scam, “Ledger Live Web3” on Nov. 5, which is tricking users into thinking that they’re downloading “Ledger Live” — a user interface for Ledger hardware wallets to store cryptocurrency offline. Approximately 16.8 BTC worth $588,000 has been received by the scammer across 38 transactions using wallet address, “bc1q….y64q,” according to Blockchain.com. About $115,200 has left the scammer’s wallet across two transactions, leaving it with $473,800 or 13.5 BTC. Community Alert: There is currently a fake @Ledger Live app on the official @Microsoft App Store which was resulted in 16.8+ BTC ($588K) stolen Scammer address bc1qg05gw43elzqxqnll8vs8x47ukkhudwyncxy64q pic.twitter.com/rOZ0ZWRWbn — ...

Ankr–Microsoft partnership continues with blockchain creator tool debut

The partnership was preceded by the launch of an enterprise node hosting service on Microsoft Azure. On June 8, decentralized blockchain infrastructure provider Ankr announced the launch of its enterprise blockchain creator tool on Microsoft’s Azure Marketplace. Dubbed “AppChains,” the solution will enable companies to quickly launch a dedicated and customizable blockchain to power various Web3 strategies. Developers can deploy the Polygon Supernet on its first iteration, with more choices thereafter. According to Ankr, AppChains has been available for a year with use in launching application-specific blockchains to power their decentralized applications. However, Ankr’s developers said they are witnessing strong demand from institutional clients for using AppChains in areas such as banking, central bank digital currencies and gaming. The firm wrote: “Making the AppChain solution available on Microsoft’s Azure Marketplace provides an easy path for businesses to find a vetted solu...

69% users bet metaverse entertainment will reshape social lifestyle: Data

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A new survey from CoinWire revealed that the majority of users believe the metaverse will reshape their social life and interactions. Last year the crypto and Web3 saw a dichotomy between extremely turbulent markets, yet high prospects for the future of the space. Both users and investors alike have continued to pile into the industry, especially in areas concerned with the metaverse. A new survey from CoinWire, which surveyed over 10,000 investors in the crypto space in December 2022, found that user sentiment towards the metaverse has digital reality poised to influence all areas of social life. 69% of respondents have placed their bet on the metaverse to reshape social lifestyle with a new approach to entertainment , while 65% believed in metaverse 's new approach to social activities. Sentiments on how it will affect finances, business and education were also high at 61.2%, 49.6% and 45%, respectively. Over the last five years, Microsoft secured 158 metaverse-related pa...