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Reddit Embraces Crypto: IPO Filing Reveals Bitcoin, Ether Investments
23.2.2024
Reddit Inc. has disclosed cryptocurrency investments in its initial public offering (IPO) filing with the U.S. Securities and Exchange Commission (SEC). The social media giant noted that as of the end of December last year, “we did not hold digital assets other than bitcoin and ether...
Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round
23.2.2022
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media...
Decentralised Metaverse Socialfi Platform Boom Enables NFT Display in Its App
25.1.2022
While the latest news and information about cryptocurrency & NFT projects are better known through Web 2.0 social media companies such as Twitter, Instagram, and Youtube. There aren’t any decentralised social platforms available in the market that allows users to own the NFT while being...
Social Media Companies Are ‘Too Big to Fail’
30.7.2020
Social media firms are quickly becoming as important to the economy, finance and real life as Wall Street titans. TBTF companies demand special attention
Nischal Shetty Welcomes Brad Garlinghouse’s Move Against Social Media Companies
22.4.2020
Ripple CEO Brad Garlinghouse announced on Tuesday that he and Ripple are taking legal action against YouTube as the video content platform consistently failed to tackle fake giveaway scams and impersonators. Applauding the move, WazirX CEO Nischal Shetty has come in support of Garlinghouse...
Ripple CEO Says Social Media Companies Have Failed to Police their Platforms
22.4.2020
Crypto scammers on social media have been a big problem for the industry, and Ripple CEO Brad Garlinghouse has had enough of those impersonators. Last month, he had exposed a fake YouTube channel impersonating him, which unfortunately had over 230,000 subscribers. Garlinghouse took a dig at social...
FinCEN: Social Media Companies That Tokenize Must Follow the Law
7.2.2020
Social networks with crypto aspirations must guard their systems against criminal exploitation, said FinCEN's deputy chief