Scammers used deepfake videos of Tim Cook, Apple's CEO, to promote a crypto scam during the iPhone 16 launch event on September 9. The fake videos, aired on YouTube, promised to double viewers' Bitcoin investments. The scam streams were presented as official Apple content, with some featuring a verified account checkmark. YouTube removed the fake streams and closed the responsible accounts. The incident highlights the growing concern of AI-generated crypto scams.
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Gas fees are essentially transaction costs on a blockchain network, paid to miners or validators for verifying transactions. These fees keep the network secure and operating smoothly, and can vary depending on traffic and complexity. They're like a toll fee for using the blockchain.
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