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Report: BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog
23.10.2022
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as much as over $6 million. Obelisk Used Social...
Jack Dorsey unveils decentralized social with algo choice and portable accounts
19.10.2022
The long-awaited “Bluesky Social” app is now accepting users for private beta and says it will “launch soon”
Elon Musk Presently Under Investigation by Federal Authorities, Twitter Informs Judge
15.10.2022
Tesla and Spacex CEO Elon Musk is under federal investigation for his conduct in connection with the $44 billion acquisition of Twitter, according to a court filing by the social media giant. Twitter claims that “Through counsel, he has exchanged substantive correspondence with those...
Social tokens will be the engine of Web3 from fanbases to incentivization
9.10.2022
Social tokens are increasingly being used in online blockchain communities. They offer numerous benefits to users
New Paypal Policy Lets Firm Fine Users $2,500 for Spreading ‘Misinformation,’ ToS Condemned and Called an ‘Abomination’
8.10.2022
A new Paypal user policy that permits the company to fine users $2,500 for spreading “misinformation” has caused quite a stir on social media platforms. After November 3, anyone who posts or publishes information or content to “promote misinformation” will be subject...
Elon Musk Hints Everything App ‘X’ Is Coming — Says Buying Twitter Accelerates Creation of X
6.10.2022
Tesla and Spacex CEO Elon Musk has hinted that “X, the everything app,” is coming. He explained that his purchase of the social media platform Twitter is an accelerant to the creation of X, which could knock three to five years off the project. Elon Musk’s X —...
Elon Musk, Twitter and the Social Media Double Bind
5.10.2022
Twitter doesn't need different content moderation policies - social media needs an entirely different architecture
Cryptocurrency Is Losing Popularity as Investment Vehicle in US, According to Bankrate Survey
4.10.2022
The popularity of cryptocurrency as an investment vehicle is dwindling in the U.S., according to a survey made by Bankrate. The survey found that trust in crypto has diminished across several groups, with millennials losing 20% of their trust in the assets — more confidence lost than in...
The future of DeFi is on TikTok
3.10.2022
The younger generation doesn’t have disposable income now, but they’re financially savvy thanks to short-form videos on social media
Elon Musk Was Mulling Creating a Blockchain-Based Social Media Firm Before Offering to Buy Twitter
30.9.2022
A series of text messages released as part of ongoing litigation over the failed Twitter deal reveal the billionaire's plans for a social media platform that would charge users to put short messages on a blockchain
Rockstar Locks Social Media Comments In Wake Of GTA VI Leak Spread
22.9.2022
In the days following this week’s massive Grand Theft Auto VI leaks, investigations have revealed more information about the party behind the hack. Rather than a single individual, it appears that at least two people—possibly connected to a larger hacker group—were behind the weekend’s huge breach....
Can the Metaverse exist without blockchain?
20.9.2022
Read this article to understand why a metaverse can thrive and scale better on blockchain rails
Twitter’s Shareholders Overwhelmingly Vote for Elon Musk to Take Over the Social Media Platform
15.9.2022
Twitter’s shareholders have overwhelmingly voted for Tesla CEO Elon Musk to take over the social media platform. “Approximately 98.6% of the votes cast at the special meeting approved the proposal to adopt the merger agreement,” the social media giant said. Shareholders Want...
‘Why Isn’t Anyone Talking About This?’ — Twitter’s Crypto Spam Problem Increases With Legions of CZ Bots, Verified Vitalik Impersonators
14.9.2022
Since Tesla’s Elon Musk attempted to purchase Twitter and tried to get information on the number of bots on the social media platform, Twitter bots have infested tens of thousands of posts day after day. In the cryptocurrency industry, bots are very prevalent and any time a popular crypto...
US Senators Press Meta CEO Mark Zuckerberg on Crypto Scam Policies for Facebook, Instagram, Whatsapp
11.9.2022
Six U.S. senators have demanded answers from Meta CEO Mark Zuckerberg about how his company is handling cryptocurrency scams on its social media platforms, including Facebook, Instagram, and Whatsapp. “We are concerned that Meta provides a breeding ground for cryptocurrency fraud that causes...
US lawmakers call on Mark Zuckerberg to address 'breeding ground' for crypto scams: Report
9.9.2022
A Federal Trade Commission report from June identified Facebook, Instagram and WhatsApp among the top platforms for crypto fraud originating on social media
UK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories
7.9.2022
The ASA said the Gale twins could not post the crypto ads “in the form complained about” again, but did not bar them from promoting digital assets in future advertisements
Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision
7.9.2022
On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy Allaire explained that the change...
Meta to Open 10 Metaverse Campuses as Part of $150 Million Immersive Learning Project
6.9.2022
Meta, the metaverse-focused social media company, is helping universities get their own virtual reality campuses online. The company will be opening 10 virtual campuses as part of its Immersive Learning project, which seeks to take education to virtual reality environments. In partnership with...
Social Media Giant Snap Disbands Web3 Team Amid Mass Layoffs
1.9.2022
The company, which reported its lowest growth numbers in five years in the second quarter, will lay off a fifth of its staff