social media
Twitter Takes on Decentralization with New Social Media Development Project
Bluesky – the new social media decentralized initiative, endorsed by Jack Dorsey of Twitter and five other programmers. Dorsey has dedicated funds for this new project, which ultimately will put social media platforms on blockchain.
Twitter and Facebook Grilled in Senate Hearing Over Social Media Censorship of US Presidential Election
Facebook and Twitter are facing heat from US Congress for how they handled political misinformation circulating on the social media platforms.
FinCEN Warns Social Media Companies Involved in Crypto to be Vigilant Regarding Illicit Transactions
The Financial Crimes Enforcement Network (FinCEN) has urged social media and messaging companies that are working with on cryptocurrencies to be vigilant about illegal transactions.
Two Massachusetts Men Arrested And Charged To US Court For Supposed Social Media Frauds And Crypto Theft
Two Massachusetts men had been arrested and charged to court on account of stealing victims' social media accounts and cryptocurrency through swapping their sims, hacking their computers, and other nameless techniques.
Blockchain-Powered A-Medicare Platform Gains Popularity on Social Media
The A-Medicare platform that is engineered through blockchain, artificial intelligence, and other cutting edge technologies has excited Americans based on its quest to make healthcare available and affordable to all citizens.
Steemit & Dtube: Social Networking, Blogging, and Video Sharing in the Blockchain Era
Steemit and Dtube allow users to be rewarded for sharing content. These social media networks are decentralized and censorship-resistant.
Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs
Brian Armstrong the Coinbase CEO, has joined the list of cryptocurrency executives who prefer to leverage their own blogs and platforms to distribute information to the media, as opposed to direct contact with any journalists.
Facebook, Google, Twitter Face $600 Million Class Action Lawsuit Over Cryptocurrency Ad Ban
The trio of Facebook, Google and Twitter have been slammed by a $600 million class-action lawsuit by a group of companies and individuals backed by Sydney based JPB Liberty
Reddit Might Gear up for NFT-Based Profile Pictures for Users
Following in the footsteps of Twitter, Reddit is eyeing to permit users to have NFT-based profile pictures through a feature that is being tested.
Celebrity Kim Kardashian West Posts a Crypto Related Paid Story on Instagram
Celebrity Kim Kardashian West posted an Ethereum Max project on her Instagram story with 228 million followers, who might earn between $300,000 and $500,000 by a single posting on her Instagram account.
TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data
Following President Trump’s executive order against TikTok, new evidence has revealed that the social media app had been collecting unique identifiers from millions of mobile devices, allowing the China-based app to track user’s online without permission.
Twitter Hires Former Hacker Peiter 'Mudge' Zatko as Head of Security
Following the high-profile security breach witnessed in July this year, Twitter has hired former hacker Peiter 'Mudge' Zatko as its new head of security.
SEC Files Application to Compel Elon Musk's Compliance with Subpoena
The U.S. Securities and Exchange Commission (SEC) has filed an application to compel Tesla CEO Elon Musk to comply with an administrative subpoena. The SEC is investigating Musk's 2022 Twitter stock purchases and his related statements and SEC filings. Despite initially agreeing to testify, Musk later refused to comply with the subpoena, prompting the SEC to seek court intervention.
How Blockchain Technology Can be Used to Leverage Booming TikTok and Influencer Trends
Blockchain technology has been a growing hot topic, with companies integrating it more and more into their ecosystem for better security, decentralization, and lower costs, among other things.
Social Media Site X Limits Changpeng Zhao's Account Access
Changpeng Zhao, former Binance CEO, faced account restriction on social media platform X amidst legal challenges, leading to widespread speculation in the crypto industry.
TikTok Owners Launch Blockchain and AI company with Shanghai Dongfang Newspaper
TikTok owners agree to a new partnership to advance blockchain advancements with Chinese News Outlet, Shanghai Dongfang Newspaper Company.
CertiK: Crypto Social Media Scams Surge
CertiK discusses the growing threat of crypto scams on social media, citing a FTC report revealing over $1 billion lost in the 18 months leading to June 2022, with nearly half coming from social media interactions. It suggests preventive measures like hardware wallets and smart contract security audits.
Sending Ethereum Tips on Twitter Becomes a Reality
After enabling Bitcoin tipping on its platform in September 2021, Twitter has stretched its hands by adding Ethereum to the mix.
Could Twitter Bitcoin Hack Have Been Prevented? Twitter Faces Heat From SEC
There is ongoing speculation that the massive Bitcoin hack that overtook Twitter on July 15 could have been prevented if Twitter CEO Jack Dorsey and his multi-billion dollar social networking company had taken matters into their own hands and addressed the security concerns outlined by the Securities Exchange Commission (SEC) in 2015.
Twitter Rolls Out Bitcoin Price Quotes
Twitter has added Bitcoin price quotes to its social media platform, powered by TradingView. A link to Israeli cryptocurrency exchange eToro is also included, where users can buy or sell Bitcoin.
Aave's Stani Kulechov Launches Social Media Platform “Lens Protocol”
Stani Kulechov, the founder of DeFi lending protocol, Aave, has spearheaded the emergence of “Lens Protocol”.
Facebook Bans Bitcoin Content—A Push for Libra?
Facebook users have been reporting that there has been a new ban on Bitcoin-related content, however, other cryptocurrencies have been excluded from this ban.
Twitter CEO Jack Dorsey Expresses Passion for Bitcoin in Thread Justifying Twitter Ban of President Trump
Twitter CEO Jack Dorsey explained Twitter’s decision to ban President Donald Trump following last week’s attack on the Capitol, expressing his passion for decentralized Bitcoin.
Fake Video of ECB President Lagarde Admitting to Digital Euro Control
A fake video of ECB President Christine Lagarde admitting to the use of a digital euro for limited control of payments was shared on social media. The video was revealed to be a prank and was part of a series of similar hoaxes targeting public figures.
SEC Cybersecurity Breach: Investigating the Fallout and Future Measures
The SEC's recent cybersecurity breach, involving an unauthorized post on its X (formerly Twitter) account about a Bitcoin ETF, underscores the need for robust cybersecurity measures. The SEC is actively investigating the incident, highlighting the broader implications for security practices in social media and government agencies.
Google Sues Unknown Entities for Malware Scheme Disguised as AI Chatbot Bard
Google is suing individuals for a malware distribution scam involving false AI chatbot ads, aiming to protect users and intellectual property amid growing digital security challenges.
Resonate Partners with Fetch.ai, Rendering a Decentralized AI-Powered Social Media Experience
To offer users a personal AI-powered, decentralized, and trusted social media experience, Resonate, a decentralized social NFT platform, is leveraging the power of blockchain technology and machine learning provided by Fetch.ai.
Damus, a decentralized social network teased an upcoming feature
One community member called the feature the future of monetization.
Biden urges technology firms to prioritize safety in AI development
US President Joe Biden has called for technology companies to prioritize safety when developing and releasing artificial intelligence (AI) products. He acknowledged the potential benefits of AI in addressing global issues, but emphasized the need to address risks to society, national security, and the economy. Biden also urged Congress to approve non-partisan privacy laws that prioritize health and safety in product development.
Can a Microsoft Takeover of TikTok Ease Trump’s Concerns? App Ban could See Bitcoin Price Boom
Microsoft is in talks to acquire TikTok from China’s ByteDance Ltd, promising to address privacy concerns that have President Trump calling for the social video apps ban. But could a TikTok ban be good for Bitcoin?
SEC: X Account Compromised Through Phone Number Control in SIM Swap Hack
The recent unauthorized access to the U.S. Securities and Exchange Commission's (SEC) X account, which led to a fake Bitcoin ETF announcement, has raised significant concerns about cybersecurity in financial regulatory bodies.T
Decentralized Social Networking Bluesky Launches to Public
Bluesky, a decentralized social media platform, has opened to the public with over 3 million users, introducing the AT Protocol for seamless app migration and user autonomy.
Gala Games Updates: GalaChain, Dev Tools and Social Media Rep
Gala Games, a blockchain-based gaming company, has launched its L1 blockchain for multiple games and is in the QA phase of migrating its social media platform, Rep, to its own blockchain, GalaChain. The company plans to streamline onboarding and developer tools by the end of the year.
Sam Bankman-Fried Dodges Questions on Alameda Debt Repayment Risks
FTX CEO Sam Bankman-Fried was questioned about using funds to repay Alameda's lenders, sparking discussions on risk management practices and potential user reputation implications.
Bitcoin, Ethereum and LINK Could Benefit From Trump's TikTok Ban
President Donald Trump has issued an executive order that seeks to ban TikTok from the United States, following the controversy that the Chinese-owned app raises serious security concerns and that it collects personal information on its users.
UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System
Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.
Facebook Blocks President Trump from Its Platform as Protestors Storm Capitol Hill
Facebook’s CEO Mark Zuckerberg announced Trump will now be blocked from using the social media platform.
Twitter’s Decentralized Workforce Can Work From Home Forever Following COVID Lockdown
Twitter employees have been given the autonomy to choose when they will return to work once the social media giant’s offices open following the COVID-19 pandemic lockdown.
Chinese Crypto Veteran Reveals More About Binance After Top Executives Leave CoinMarketCap
Chinese crypto veteran Li Xiaolai revealed to the public via social media platform Weibo, about Binance’s operations.
Hackers Hungry for Bitcoin and Ether Target Indian Prime Minister Narendra Modi
Bitcoin and cryptocurrency hackers seized the social media account of India Prime Minister Narendra Modi today, in an effort to secure Bitcoin and Ether funds.