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Ray Youssef may not have been born with a silver spoon in his hand, but his passion was evident from an early age. Born in Egypt and raised in New York City, he grew up helping his parents run a newsstand on the corner. Imagine an eight-year-old who already knew how to serve customers and count change faster than a cash register. This experience not only shaped his work ethic, but also honed his business instincts that would later take him into a wider world. Entering his teenage years, Ray spent his time learning to code autodidactically. A choice that not many young people chose at that time. At the age of 19, he had succeeded in building a ringtone business, which at that time was like selling hot cakes on the side of the road. However, his life journey was not always smooth. Eleven times he founded a business, eleven times he had to swallow the bitter pill of failure. For many people, it might be enough to give up and return to a “safer” path. But Ray chose to persist. A major turning point came in 2015 when Ray Youssef co-founded Paxful, a peer-to-peer Bitcoin marketplace. He believed that Bitcoin was not just a speculative tool, but a way out for many people who were underserved by the traditional financial system. While in developed countries we can easily open a bank account with just a mobile phone, it is different in Africa and Asia . In many places, accessing financial services is still like chasing a ghost. Through Paxful, Ray opened the door to millions of people. They can buy and sell Bitcoin using more than 300 payment methods. From gift vouchers to local cash transfers. With this concept, Paxful has grown rapidly in Nigeria, Ghana, and various other developing countries. On the other hand, Ray also founded the Built With Bitcoin Foundation, proving that Bitcoin can do more than just transactions. Through this foundation, he funds the construction of schools and clean water facilities in underdeveloped areas. Not everyone is willing to invest in real change like this, especially with capital from a world that is often looked down upon. However, Ray’s journey at Paxful was not always smooth. In 2023, he decided to step down from his position. He faced a legal dispute with one of the founders and pressure from increasingly stringent regulations. Even so, before leaving, he ensured that 88% of the frozen customer funds were successfully released. This was a kind of farewell that was full of responsibility, not just throwing up his hands and walking away. Not long after, another storm hit when Artur Schaback, his co-founder, pleaded guilty to money laundering. The internal conditions of Paxful were really turbulent at that time, but Ray had chosen his own path. Not wanting to be trapped in the old story for too long, Ray immediately launched a new project: Noones. This marketplace has a similar vision to Paxful, but with a more decentralized approach and a strong focus on Global South countries. In addition, he also introduced Civ Kit, a toolkit for anyone who wants to build their own Bitcoin marketplace. To this day, Ray Youssef remains a vocal figure about Bitcoin. He is not the type to just show up at conferences and talk sweetly. He is an outspoken critic of altcoin schemes that are detrimental to the common people. For Ray, Bitcoin is a tool of liberation, not just an asset. Watching Ray Youssef’s journey is like reading the story of a stubborn warrior who refuses to submit to failure. The world may be changing, technology is getting more sophisticated, but the human need for fair financial access remains the same. And Ray chooses to remain at the forefront of that struggle.

In the fast-paced world of cryptocurrency, staying vigilant is not just advised – it’s essential. As digital assets become more mainstream, so too do the threats posed by malicious actors. One particularly insidious tactic is phishing, and a recent development highlights just how sophisticated and dangerous these attacks can be, particularly targeting users looking for essential tools like blockchain explorers. A critical alert has come from Web3 anti-scam platform Scam Sniffer regarding a prevalent Solscan phishing ad appearing prominently in Google search results. According to a recent update shared by Scam Sniffer on platform X (formerly Twitter), a fake advertisement designed to mimic the legitimate Solana blockchain explorer, Solscan, has managed to secure a top spot in Google search results for queries related to “Solscan.” This isn’t just a misleading link; it’s a carefully crafted trap. Scam Sniffer explicitly warned that clicking on this fake ad and interacting with the fraudulent site it leads to is designed to “drain your wallet through malicious transaction signatures.” Think about the typical user flow: someone wants to check a transaction on the Solana network or explore a wallet address. They go to Google, type “Solscan,” and the very first result they see, often marked as an ‘Ad,’ looks exactly like what they’re looking for. Trusting the prominent placement, they click. This is where the danger begins. The fake site looks authentic, lulling the user into a false sense of security. When prompted to connect their wallet or sign a transaction (perhaps under the guise of verification or accessing full features), they are instead authorizing a malicious contract that will steal their funds. Scammers are increasingly leveraging paid advertising platforms like Google Ads because they offer prime visibility. By bidding on popular keywords like “Solscan,” they can bypass organic search results and appear at the very top, where users are most likely to click. This strategy exploits several factors: This particular incident highlights a significant vulnerability: the ease with which malicious actors can use legitimate advertising platforms to distribute scams, turning a trusted search engine into a potential vector for a crypto phishing scam. Understanding the mechanics of this crypto phishing scam is crucial for prevention. Here’s a breakdown of the typical attack chain: This method is particularly dangerous because it bypasses traditional password theft and directly targets the wallet’s permissions, which the user is tricked into providing themselves. The Scam Sniffer warning is vital because it comes from a platform dedicated to tracking and exposing Web3 scams. Scam Sniffer continuously monitors malicious activities, including phishing sites, malicious contracts, and fraudulent transactions across various blockchains. Their alert serves as an early signal to the community about an active and prominent threat. Platforms like Scam Sniffer provide a critical layer of defense in the Web3 space by offering: The fact that Scam Sniffer specifically highlighted this Google search scam indicates its prevalence and potential impact, urging immediate caution from anyone searching for Solscan. Given the persistent threat of Solscan phishing and similar attacks, proactive measures are your best defense. Implementing strong security practices is key to maintaining your Solana security and protecting your assets from a crypto phishing scam. Here are actionable steps you can take: Adopting these habits significantly reduces your risk of falling victim to this type of Google search scam or other phishing attacks targeting your Solana security. The Solscan incident is not isolated; it’s symptomatic of the broader challenge posed by crypto phishing scams. Scammers constantly adapt their methods, targeting popular platforms and user behaviors. We’ve seen similar tactics used with fake exchange login pages, malicious token approval requests, and fraudulent initial coin offerings (ICOs). The decentralized nature of crypto, while offering many benefits, also presents unique challenges for security and enforcement, making user education and vigilance paramount. The ease with which fake ads can appear at the top of search results for highly specific, sensitive keywords like “Solscan” demonstrates a need for advertising platforms to improve their vetting processes for crypto-related services. While platforms like Google have policies against misleading ads, enforcing them effectively in the rapidly evolving crypto landscape is a significant challenge. Combating this type of Google search scam requires a multi-pronged approach: Building a safer Web3 ecosystem is a collective responsibility. By staying informed, being cautious, and utilizing available security tools, users can significantly reduce their exposure to threats like the Solscan phishing ad. The Scam Sniffer warning about the fake Solscan ad topping Google search results is a stark reminder that threats are ever-present in the crypto world. This particular crypto phishing scam leverages the trust users place in search engines and the convenience of clicking the first result to steal assets via malicious transaction signatures. Protecting your Solana security, and your crypto assets in general, requires constant vigilance. Never click on sponsored links for sensitive crypto services. Always verify the URL directly or use official bookmarks. Be skeptical of any request to connect your wallet or sign a transaction, and carefully review the details of what you are approving. Platforms like Scam Sniffer provide valuable alerts, but the first and strongest line of defense is always you. Stay informed, stay cautious, and protect your digital wealth. To learn more about the latest crypto market trends and security threats, explore our articles on key developments shaping Solana security and the wider crypto landscape. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Vitalik: The account abstraction process is currently only half complete, with the ultimate goal being to make non-ECDSA accounts the mainstream account type.

Vitalik: The account abstraction process is only halfway completed. The ultimate goal is to make non-ECDSA accounts the mainstream account type Ethereum founder Vitalik responded to X user Paolo Rebuffo's comments on Pectra's implementation of account abstraction, pointing out that the account abstraction process is currently only halfway completed. He said that the ultimate goal is to make non-ECDSA (elliptic curve digital signature algorithm) accounts the mainstream account type on Ethereum. These accounts include features such as multi-signature, key change, quantum attack resistance and privacy protocols. Recently, a lot of progress has been made in simplifying the 7701 standard to promote the realization of this goal.

The global stock market is currently going through a difficult period. This crisis is fueled by trade tensions between the United States and China. Investors now face increased volatility in stock markets, as economic uncertainties multiply. This week, futures contracts on stock indices such as the Dow Jones showed signs of weakness. Financial markets also reacted negatively, wiping out previous gains. Ahead of this, investors fear the impact of President Trump’s tariff policies . Certainly, China has promised to support its economy amid the turmoil. Nevertheless, uncertainty remains palpable. The trade war indeed seems far from over, with analysts anticipating new tensions to come in the stock market. Global markets could therefore experience significant adjustments in the short term. Good to know: Despite these challenges, some sectors are seeing gains. This is notably the case of: This shows that some investors manage to take advantage of geopolitical uncertainty. The technology sector has been particularly influenced by this instability. Companies have indeed seen their performance increase before market openings due to strong financial results. This is notably the case of Alphabet , Google’s parent company. This dynamic strongly contrasts with that of Intel, whose shares dropped due to rising costs linked to trade tensions. At the same time, yields on U.S. Treasury bonds have fallen. This is a worrying sign for those seeking safe investments. This decline in yields has had more or less significant repercussions on the stock market. The fact is that stock markets are now seeking a new equilibrium. Uncertainty around interest rates could also maintain this trend, weighing on investment choices to come. One thing is certain: the stock market is facing an unstable climate. That said, this type of situation can offer opportunities for those who know how to seize the right signals. Investors will therefore need to remain vigilant, while incorporating the possibility of diversification into their strategies to better navigate this turbulent period.