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Ethereum-based social media project shuts down as ETH fees approach new highs
11.2.2021
Ether transaction fees increased by over 35,000% in the past year, forcing one social media tokenization project to close down
Europol Arrests 10 Members of a Sim Swapping Criminal Gang That Stole Cryptocurrencies Worth $100 Million
11.2.2021
The European law enforcement agency, Europol, has arrested 10 people believed to be members of the criminal gang that stole cryptocurrencies with an estimated value of $100 million. The arrests follow an international investigation into a series of sim swapping attacks that occurred in 2020....
Investors Pump $250M Into Reddit Following Social Media Site’s Role in GameStop Mania
9.2.2021
The site plans to double its headcount to 1,400 by the end of 2021
Billionaires pushing crypto: Mexico’s third-richest person changes Twitter bio to include Bitcoin
7.2.2021
Elon Musk continues pumping DOGE while Ricardo Salinas Pliego sticks to Bitcoin
US Senate Bill Re-Introduces Suspicious Activity Reports for Social Media
5.2.2021
The bill would create “suspicious transmission activity reports” for tech platforms
Former South Korean Social Media Giant to Relaunch Its Business by Creating a New Ethereum-Based Token
5.2.2021
A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The company plans to regain its popularity by launching a new cryptocurrency. New Ownership Reportedly Got Over $7 Million From Investors to Rebrand Cyworld...
Doge Token Pumps After Elon Musk Tweets ‘Dogecoin Is the People’s Crypto’
4.2.2021
Elon Musk has tweeted that dogecoin is people’s crypto shortly after the billionaire pledged to go off the social media platform for while. Incidentally, the token, which traded at $0.0411 on February 3, surged to $0.0588 just as Musk was tweeting. However, at the time of writing, the token...
Former Social Media Giant Cyworld To Return With A New Token
4.2.2021
A screenshot of a promotional Cyworld video. The erstwhile South Korean social media giant Cyworld is set to take a second stab at relaunching its business under new ownership – in a bid to retain its former glory with a new token.
Per Hanguk Kyungjae, the firm is now under new ownership, after...
Gamestop Shares and Reddit Fueled Stocks Plummet, Crypto Fans Say Bitcoin Is the Only True Attack
2.2.2021
Following the Wallstreetbets saga last week, a great number of the popular shares being fueled by social media have started to tank in value. Gamestock shares dropped over 60% on Tuesday, while AMC dropped more than 49% shaking investors who bought into these stocks to the core. Meanwhile, a number...
What Facebook's Privacy Policies Don't Tell You
2.2.2021
Folks, I’m gonna be honest with you. Over my (short) tenure covering digital privacy, I’ve seen my fair share of deeply shitty tech companies pulling deeply shitty stunts in attempts to profit off our personal data. Facebook is one of the names that comes up most frequently here, and that’s...
Silver Squeeze Goes Viral, Ounce of Ag Jumps Above $30, Wallstreetbets Fans Question Trend’s Legitimacy
2.2.2021
This past week, another social media trend started on the Reddit forum r/wallstreetbets, which aims to initiate a large silver short squeeze in order to push the price of the precious metal to $1,000 per ounce. However, the silver squeeze trend comes with controversy, as numerous wallstreetbets...
NFL Player Gets a Myriad of Celebrities to Add the Bitcoin Hashtag to Their Twitter Profiles
1.2.2021
Following the day the Tesla founder, Elon Musk, added the Bitcoin hashtag to his Twitter profile, the popular Carolina Panthers offensive tackle, Russell Okung told his social media followers to put the Bitcoin hashtag in their bio. Okung has managed to get hundreds of people to do it, but more...
Bitcoin subreddit hits 2M subscribers following GameStop controversy
1.2.2021
More than 200,000 Redditors joined the page last week
DOGE price surge: The power of memes and social media on full display
29.1.2021
Dogecoin, the quintessential meme crypto, is being pulled on a leash by yet another social media-driven hype
A Look at Facebook’s Diem Wallet- Token Sale Accepts 3 Cryptos, Strict KYC, Hefty Data Collection
29.1.2021
During the last two years, there’s been a lot of interest in Facebook’s cryptocurrency diem (formally libra) and rumors of a nearing launch date went viral last November. Now the social media giant is advertising the crypto asset’s pre-sale heavily on the platform, as people...
Gaming Platform Enjin and Metaverseme Merge NFTs With Augmented Reality to Enhance Gaming Experience
28.1.2021
The blockchain gaming platform, Enjin and Metaverseme, an augmented reality (AR) platform are set to introduce tradeable AR fashion assets to the Ethereum blockchain. The Enjin-powered non-fungible token (NFT), which can be worn by users’ avatars in the Metaverseme app, will launch...
Australia's eSafety Commissioner touts blockchain as a solution to trolls
28.1.2021
Australia’s eSafety Commissioner has suggested blockchain-based digital IDs as a potential solution to fight online abuse and trolling
Purging Today’s Freedom Activists: Why Big Tech’s Censorship Isn’t Directed Solely at Trump Supporters
23.1.2021
There’s been a lot of unrest in the U.S. and just before the presidential election’s electoral vote, Big Tech took action and censored a great number of individuals and even competing social media platforms. Moreover, even after President Biden’s first few days in office, social...
Social Networks Are the Next Big Decentralization Opportunity
22.1.2021
We have the core tech to enable radically more ethical and beneficial social media networks. Here's what we'll need
A Look Into the Trending Decentralized Social Media Experience: Mastodon
19.1.2021
Source: A video screenshot, Youtube/Mastodon
Following recent news that the outgoing US President Donald Trump was suspended on major social media platforms, or that Facebook wants to gather more data about Whatsapp users, the conversation about censorship on social media, personal data privacy...