Social network Gab back online after bitcoin scam

Social network Gab back online after bitcoin scam
Gab outage

Screenshot by cnet

Gab returned online after the social media network became popular and took down users to recover Bitcoin a scam.

In Friday’s blog post, CEO Andrew Torba said that after several accounts Gab took himself offline “the bitcoin wallets were posting spam and related content.” Torba said that fewer than 20 accounts were affected and bitcoin was not transferred.

“We have identified and patched a security vulnerability in our codebase,” Torba wrote. “Our engineering team is conducting a full audit of our logs and infrastructure.”

The scandal came on the same day that the market capitalization of bitcoin, the value of available bitcoins, passed $ 1 trillion. Bitcoin has risen more than 40% in the past month, amid a wave of enthusiasm driven by mainstream acceptance of cryptocurrency. Tesla invested $ 1.5 billion in bitcoin, and MasterCard said it would integrate cryptocurrency into its payment network later this year. America’s oldest bank, Bank of New York Mellon, said earlier this month that it would begin financing bitcoin and other cryptocurrencies.

Bitcoin scams have been a common social media plague lately and Gab is not alone. A massive bitcoin scandal took place on Twitter in July last year, as hackers took over high-profile accounts, including Elon Musk, Bill Gates, Kanye West and Barack Obama.

Gab’s Twitter account, which disappeared from the short-message service at the time of the outage, has still not returned. “This account does not exist” a page Formerly read by Gab.

Twitter said that it did not take action against the Gab account.

Gab, who has already come under fire for anti-Semitic content, honors itself as a platform for free speech, is also a self-characterization, used by right-wing Twitter clone Parler . After using the social network to organize a Jan. 6 attack on the Capital Web, the parlor has been working to get online after it lost services from the online website Amazon Web Services.

Read also: Parler returns online after month absence: here’s what you need to know

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