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Nigerian Crypto Trading Platform Unilaterally Converts User Funds to New Stablecoin — Move Sparks Exit Scam Fears
23.8.2023
A Nigerian crypto trading platform, Patricia, announced on Aug. 18 that it had converted users’ outstanding funds to its U.S.-backed stablecoin known as “Patricia Token.” Some social media users have slammed the crypto trading platform’s unilateral decision to convert...
Binance Needs to Get Off Twitter
22.8.2023
The Enigmatic Rise of the $3 Billion BTC Whale — Tracing the Mysterious Path of Bitcoin’s Third Largest Wallet
22.8.2023
This week, various reports and social media discussions have centered around the third-largest bitcoin (BTC) wallet, a long-standing enigma that potentially maintains the same ownership despite changes in its address. Billion-Dollar Mysteries: The Cryptic Evolution of Bitcoin’s Third-Largest...
Cryptocurrency Scammers Exploit ChatGPT-Powered Botnet on Social Platform X
22.8.2023
A recent investigation by researchers at Indiana University Bloomington has unveiled the use of a botnet powered by ChatGPT, a sophisticated AI language model developed by OpenAI, to promote cryptocurrency scams on X (formerly known as Twitter)....
Read More: Cryptocurrency Scammers Exploit...
Privacy Breach at Friend.tech: Wallet Addresses and Usernames of 101,000 Users Exposed
22.8.2023
Friend.tech has suffered from a major privacy breach that has led to the unauthorized disclosure of sensitive information pertaining to more than 101,000 individuals.
Banteg, a core contributor to popular DeFi project Yearn Finance, has published a repository of publicly available scraped data...
China to extend its Social Credit System across the metaverse
22.8.2023
POLITICO recently shared a new report offering insights into China’s upcoming plans regarding the online sphere. The report suggests China plans to extend its renowned social credit system across the metaverse. The system will also be applicable to other virtual worlds, showcasing the growing...
Friend.tech Attracted NBA Influencers. So Why Does Everyone Think Crypto’s Latest Trend Will Die?
21.8.2023
Despite its initial success in attracting celebs, the portents aren’t good for the latest “Twitter-killer.”
Decentralized Social Network Friend.tech Surpasses $1 Million in 24-Hour Fees, Leaving Uniswap and Bitcoin Behind
21.8.2023
Decentralized social network Friend.tech has generated over $1 million in fees within just 24 hours of its release, outperforming well-established players like Uniswap and the Bitcoin (BTC) network.
According to data from crypto data aggregator DefiLlama, Friend.tech has generated $1.12 million...
Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market
21.8.2023
The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch
China Wants To Implement Social Credit System With Digital IDs In The Metaverse
21.8.2023
A new report suggests that China is pushing proposals aiming to transplant its traditional social credit system to the metaverse as it seeks to establish greater control.
According to Politico, the proposals were initially drafted by China Mobile, the state’s telecom provider termed the “Digital...
China proposes to bring its social credit system to the metaverse: Report
21.8.2023
Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse
Friend.tech hype unsustainable? Critics give it only months to live
21.8.2023
Most crypto industry heavyweights have been bullish about the new decentralized social media app friend.tech, but some critics warn it's getting too hot too quickly
Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks
20.8.2023
The platform was launched in beta version on Aug. 11 and allows users to tokenize their social network by buying and selling “shares” of their connections
Elon Musk says block feature to be ‘deleted’ on Twitter/X
18.8.2023
According to Musk, users will have to rely on the “mute” function instead
Vitalik Buterin Has Thoughts on Social Media Fact Checking
17.8.2023
Ethereum Price Prediction as Vitalik Compares X's Social Media Algorithm to Crypto – Here's What You Need to Know
17.8.2023
The price of Ethereum (ETH) has declined by 2% in the past 24 hours, dropping to $1,782 amid a similar fall for the wider cryptocurrency community today.
ETH is now down by 4% in the past week and by 6% in the last 30 days, with the market's biggest altcoin having risen by 49% since the start...
Vitalik Buterin calls X’s Community Notes an example of ‘crypto values’
16.8.2023
The Ethereum co-founder said the algorithm behind X’s tool to rate content as helpful and provide context was “surprisingly close to satisfying the ideal of credible neutrality.”
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
Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars
11.8.2023
A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token