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Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’
16.3.2023
Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be executed during 2023 as part of its new efficiency policy. Mark Zuckerberg, CEO of the company, stated that artificial intelligence (AI) was currently the company’s most...
Lark Davis on fighting social media storms, and why he’s an ETH bull: Hall of Flame
15.3.2023
Lark Davis says he took some “reputational damage” last year but has learned from it, and he’s looking forward to a bullish future for BTC and ETH
Meta Winding Down Support for NFTs on Facebook, Instagram
15.3.2023
U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support for Non-Fungible Tokens...
10 important social media ‘don’ts’ for crypto and blockchain companies
14.3.2023
Bad social media habits can do damage not only to your project and company’s reputation, but also to the burgeoning crypto industry as a whole
Meta pulling the plug on NFTs across Instagram and Facebook
13.3.2023
The short-lived NFT features were first launched in May 2022, but Meta's financial technology lead said it's "winding down" the tools to focus elsewhere
Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review
12.3.2023
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.”...
China’s Wechat Adds Support for Digital Yuan Payments
8.3.2023
Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay...
Japanese Entrepreneur Yuta Misaki Loses Big in $29m Crypto ‘Gamble of the Century’
2.3.2023
An outspoken Japanese entrepreneur and social media star says he suffered massive losses when he invested $29 million in crypto – and has advised followers to tread cautiously in the crypto markets to avoid similar losses....
Read More: Japanese Entrepreneur Yuta Misaki Loses Big in $29m Crypto...
Twitter down the same day Jack Dorsey launches decentralized alternative
1.3.2023
Thousands of Twitter users were unable to view tweets while Jack Dorsey’s decentralized social network Bluesky grabbed attention online
Jack Dorsey’s decentralized Twitter rival enters App Store
1.3.2023
The interface of Jack Dorsey’s decentralized Twitter alternative Bluesky very much resembles the look of Elon Musk’s social media platform
Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain Optimistic
28.2.2023
Following the initial incident on Feb. 25, Solana resolved the blockchain’s performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under...
Cointelegraph partners with Phaver mobile Web3 social app
27.2.2023
The partnership will grant the 200,000+ users across Phaver and other Lens-based Web3 apps access to daily Cointelegraph content
Web3 Music Streaming Platform Audius Integrates TikTok
23.2.2023
Audius users can sign up for the application with their TikTok profiles, as well as utilize the streaming service’s songs in their videos on the social media platform
Crypto Groups on Russian Social Media Hit by Bots Discrediting Bitcoin
23.2.2023
Social media groups devoted to cryptocurrencies in Russia have been attacked by bots in what looks like a campaign against bitcoin and the like. Their comments on Russia’s largest social media platform are triggered by certain keywords like crypto and blockchain, members of the community have...
Bitcoin Lightning Network growth is organic, coming from real-world adoption
22.2.2023
Bitcoin Lightning Network adoption receives a boost with the launch of USD payments and decentralized social media platform, Nostr
California regulator launches complaint-based crypto scam tracker
17.2.2023
The regulator said it receives thousands of consumer and investor complaints about possible crypto scams each year, and it appears it's done something with the information
What are decentralized social networks?
6.2.2023
Explaining Web3 social networks — their benefits, challenges and how they work
BTC Institutional Investor Forecast for 2023, Musk Makes McDonald’s Promise Again, Kiyosaki Says ‘We Are in Global Recession’ and More — Week in Review
5.2.2023
As the first month of the new year is behind us, things continue to heat up on the world stage in regard to crypto price predictions, social media hype surrounding meme coins like dogecoin, warnings of macroeconomic peril, and more and more political powers attempting to control permissionless...
Decentralized Social Media Project Nostr's Damus Gets Listed on Apple App Store
1.2.2023
Former Twitter CEO Jack Dorsey has donated roughly 14 BTC worth $245,000 to fund Nostr's development, after recently publishing his views on a native internet protocol for social media
Meta gets court win in metaverse acquisition plans: Report
1.2.2023
Should the Federal Trade Commission not appeal the ruling, Meta would likely be able to acquire additional companies offering metaverse-related products or services