Top Tech News Today: Elon is a ‘Terrible Fit’ for Twitter, Says Stephen King! Canadian Crypto Exchange Coinsquare Reports Client Data Breach

Stephen King says Elon Musk is a terrible fit for Twitter! Read more tech news below

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: China's Zhengzhou relocated almost 800 iPhone workers to its neighboring province Xuzhou to curb Covid transmission without prior notice.

Fast-Track Insights: Binance Founder CZ says that crypto adoption will continue to grow regardless of the government's harsh regulations.

Stephen King claims that Elon is making it up as he went along when it came to managing Twitter, he is definitely a pioneer in developing self-driving and electric cars, however, when it came to Twitter, the tech billionaire has been a terrible fit. Elon, though, did not seem daunted and welcomed any kind of suggestion from him. For the past couple of weeks, Elon Musk has hit the headlines for conducting mass layoffs at Twitter and putting unannounced restrictions on Twitter coding and development teams.

The Britain government is planning on making it illegal to encourage others to harm themselves online. They might also fine social media companies that fail to recover and obstruct the generation of such content, as part of revamping the legislation that governs online behavior. Even though promoting suicide is illegal, Britain's digital culture, media, and sports ministry said that it now wanted social media firms to block a wider range of content.

China's Zhengzhou, the capital of Henan province, also known as 'iPhone City' has relocated almost 800 workers to a hub about 230 miles away in a neighboring province, without any prior notice to follow the Covid transmission protocols. It is yet unknown if any of the workers tested positive, however, the workers were transported to Xuzhou, before any prior communications were conducted.

Coinsquare, one of Canada's largest cryptocurrency exchanges has reported client data breach, but the company claims that customer assets are secure in cold storage and are not at risk. The exchange touted itself as one of Canada's most trusted platforms to securely buy, sell, and trade Bitcoin, Ethereum, and several other cryptocurrencies. But the data breach incident claimed that unauthorized third-party got access to a customer database that contained personal information.

Binance CEO says that countries should regulate cryptocurrencies rather than fight against them because crypto adoption will continue to rapidly grow no matter what kind of regulations are implemented. He also says that crypto adoption will once again become a hot topic amid the recent fallout of the crypto exchange FTX.