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FTX Boss Sam Bankman-Fried in Custody, Bail Revoked, Remanded to Jail
11.8.2023
FTX co-founder Sam Bankman-Fried was taken into custody and his bail was rescinded on Friday, in anticipation of his trial scheduled for October. Matthew Russell Lee of the Inner City Press disclosed a synopsis of the August 11 hearing on the social media outlet X, where Bankman-Fried’s legal...
Is Friend.tech a Friend or Foe? A Dive Into the New Social App Driving Millions in Trading Volume
11.8.2023
The new social app has driven over 4,400 ETH ($8.1 million) in trading volume in less than 24 hours since its launch, far surpassing OpenSea’s in the same time frame. But with its mysterious origins, lack of privacy policy and lagging network, it raises some red flags
A Comprehensive Look at the New Paypal Stablecoin, Its Control Dynamics, and ‘Freeze’ Option Trending on Social Media
8.8.2023
At the time of writing, the official Paypal stablecoin PYUSD smart contract has been unveiled, and as it stands, the maximum aggregate supply amounts to 26,905,005.66 PYUSD. In spite of the existence of more than 26 million Paypal stablecoins, the contract continues to retain a substantial 92.91%...
Free Bitcoin on Zaps experiment — but what are Zaps?
8.8.2023
Why a Canadian Bitcoin advocate is giving out free Bitcoin tips, or Zaps, to people around the globe–and why the Zap trend is catching on
Some Users May Want an ‘Everything App’, but What We Need Is Digital Sovereignty
7.8.2023
FBI Issues Warning on Scam Involving Criminals Impersonating NFT Developers
7.8.2023
The Federal Bureau of Investigation (FBI) has issued a Public Service Announcement (PSA) warning about criminals impersonating non-fungible token (NFT) developers in social media. According to the PSA, criminals can impersonate these developers on social media by hijacking accounts or using similar...
FBI warns of phishing scams and social media account hijackers
6.8.2023
The FBI warned that the account hijackers work to “create a sense of urgency” with their posts, and urged people to vet any website or potential opportunity before clicking on it
X Will ‘Never’ Launch a Crypto Token, Says Musk
5.8.2023
Tech investor Elon Musk said that his social media platform X, formerly Twitter, will never launch its own cryptocurrency token. He made the statement in response to a post by a user of the networking service warning about fake coin projects exploiting Musk’s name and that of the platform. Elon...
Binance Users Reach 150 Million, CZ Reveals
5.8.2023
Registered users of Binance have hit 150 million, the crypto exchange’s founder and CEO, Changpeng Zhao (CZ), announced on social media. The milestone has been reached despite increased regulatory pressure on the world’s largest trading platform for digital assets in the past few months. Crypto...
Facebook Owner Meta May Launch Chatbot ‘Personas’ Next Month, Report
5.8.2023
U.S. tech giant Meta is preparing to launch multiple chatbots powered by artificial intelligence (AI) as early as September. According to an article quoting knowledgeable sources, the company seeks to encourage user engagement on its social media platforms with the chatbots that could also be used...
Nearly half of crypto copy traders are Gen Z, says Bitget report
4.8.2023
Younger investors are more likely to take part in copy trading or social trading and take advice from social media influencers, according to the crypto exchange
Social Media Bots Played Crucial Role in Inflating Value of FTX-Listed Crypto Assets, Report Finds
4.8.2023
New analysis from the Network Contagion Research Institute (NCRI) reveals that bots on the social media platform X (formerly Twitter) likely played a major role in amplifying the value of cryptocurrencies tied to the now-defunct FTX exchange and its sister firm Alameda Research. Social Media Bots...
Agence France-Presse sues Elon Musk and X/Twitter over compensation for news
3.8.2023
If the suit is successful, X/Twitter would have to turn over data in order for AFP to determine how much compensation it will seek
Patreon, Platform for Creators, Disables Payouts After ‘Issue’ With Payoneer System
3.8.2023
The issue was first identified on Aug. 2. Crypto developers monitor payments glitches on major platforms partly because a key premise of the blockchain industry is to build infrastructure that improves on the current options
Elon Musk tweets and Twitter bot spam influences altcoin prices: Study
3.8.2023
The study also questioned whether FTX or Alameda had any role in coordinating Twitter bot activity for its own gain
Twitter Community Notes hits 44 countries as Elon Musk seeks 'truth' for X
28.7.2023
Contributors from 44 countries are tasked with vetting the information being shared on posts that draw greater attention and are often subject to being picked up by mainstream media
Scammers pile on to impersonate WorldCoin on Twitter following token launch
27.7.2023
Twitter announced its rebrand to ‘X’ on July 24, the same day the Worldcoin token launched and provided an opportunity for scammers
A ‘Two-Tiered Justice System’ — Public Reacts to DOJ Dropping Campaign Finance Charges Against FTX Co-Founder
27.7.2023
In a court filing released Wednesday, the U.S. Department of Justice dropped campaign finance charges against disgraced FTX co-founder Sam Bankman-Fried. Prosecutors said the charges were dropped in accordance with U.S. treaty obligations to the Bahamas. Sam Bankman-Fried Cleared of Campaign...
Reddit Introduces Largest Gen 4 Collectible NFT Avatar Series 'Retro Reimagined' with Iconic Snoo Character
27.7.2023
Reddit has released the Gen 4 Collectible Avatar series, the largest addition to its limited-edition non-fungible token (NFT) collection yet.
GEN 4, titled "Retro Reimagined", is live in the Shop, the Wednesday announcement said.
"As our biggest drop to date, you’ll notice a lot of familiar...
Twitter Is Dead. Long Live Crypto Twitter?
26.7.2023
Elon Musk's rebranded X.com used to be the white-hot center of the crypto world. What comes next?