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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...
Crypto Exchange Okx Blocked by Russia’s Telecom Watchdog
7.10.2022
Russian media and communications regulator, Roskomnadzor, has restricted access to the website of a major cryptocurrency exchange, Okx. The trading platform was one of those that did not restrict access for Russians amid sanctions that affected the industry’s business in Russia....
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
Mainstream media sentiment shifts in favor of Bitcoin amid fiat currency woes
30.9.2022
While mainstream media generally remains cautious against Bitcoin, current fiat debacles left outlets with no choice but to recognize BTC’s standout performance
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
ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review
25.9.2022
With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red...
South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal
24.9.2022
The government in South Korea has seized cryptocurrency worth around $184 million in two years due to tax arrears, according to local media. The authorities in Seoul started confiscating virtual assets from people accused of tax evasion in 2021. Almost 260 Billion Won in Crypto Seized for...
Erdogan Suggests Turkish-Russian Payment System, Local Media Reports
24.9.2022
Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been working with them to facilitate payments...
BanklessDAO Joins Ibiza NXT as an Official Media Partner
23.9.2022
Ibiza NXT took to Twitter to announce that BanklessDAO is its new media partner. Ibiza NXT had previously added NFTevening as its media partner. The event starts on October 13, 2022, and ends on October 15, 2022. The 3-day summit will feature speakers sharing their knowledge and debate on Web3...
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....
Indian Government Working on How GST Tax Could Be Applied to Crypto
22.9.2022
India’s ministry of finance is reportedly working on how the goods and services tax (GST) could apply to crypto transactions. “A better understanding of how cryptocurrencies fit into our legal system is the prerequisite for the decision on the GST rate,” a source told local...
As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’
21.9.2022
Two days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few months. “I’m telling the American people that we’re going to get control of inflation,” Biden stressed during his “60...
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
Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge
19.9.2022
Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, local media reported, quoting entrepreneurs and mining enthusiasts....
Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be Green
18.9.2022
A crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency...
Bude to paráda. Světová média chválí novou virtuální realitu Playstationu
16.9.2022
Několik vybraných světových médií si mohlo poprvé vyzkoušet chystané brýle pro virtuální realitu od Sony, Playstation VR 2. Zatím to vypadá, že možnosti této novinky hravě předčí velkou část stávající konkurence
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...