🚨 Crypto’s Biggest Headlines Today – What You Need to Know!

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⚠️ Vitalik Buterin Highlights Crypto Losses As Ethereum Releases Pectra’s Security Audit

Wallet Solutions Must Address Non-Theft Crypto Losses, Says Vitalik Buterin

In a recent X post, Vitalik Buterin, the co-founder of Ethereum blockchain, emphasized the significance of mitigating crypto losses caused by non-malicious activities. Such non-theft crypto losses arise from traders’ carelessness and unintentional errors. Buterin added, “Software bug, forgotten password, lost device, paper wallet burned down in LA fire, upgraded device without backing up data …. lots of ways for that to happen.”

Further, Buterin posited that wallet solutions should address these kinds of accidental losses in addition to the often prioritized crypto thefts and hacks. Unlike theft-related losses, victims of accidental or self-inflicted crypto losses often suffer in silence. This is because “they see no one to blame but themselves, victims will be too ashamed to talk about it.”

Moreover, Vitalik Buterin emphasized the importance of developing robust and resilient wallet security solutions. This move is to effectively mitigate the frequent and significant losses resulting from such issues.

🏛 Trump Organization Files Trademark for Metaverse & NFT Trading Platform

Plans for a TRUMP-Branded Virtual World

The trademark application outlines a virtual environment where users can engage with TRUMP-branded digital assets. The platform would offer virtual clothing, shoes, and hats for avatars, along with an interactive TRUMP-branded restaurant.

Additionally, the filing details training programs on subjects such as public service, business, real estate, fundraising, construction, and hospitality management. Users would also have access to a digital marketplace where they could exchange digital goods and cryptocurrencies. The marketplace would be restricted to content authorized by Donald Trump and verified through NFTs.

According to the application, only digital assets approved by the 45th and 47th President of the United States will be available on the platform. This limitation raises questions about whether users can bring in NFTs or assets from outside the ecosystem.