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Twitter and Alibaba Enter Global AI Race
Twitter and Alibaba are reportedly integrating artificial intelligence (AI) into their businesses. Meanwhile, Gemini co-founders Tyler and Cameron Winklevoss have funded their business with a $100 million personal loan. This week’s Crypto Biz also covers MetaMask's new feature for purchasing cryptocurrency and Alibaba's new chatbot assistant.
Twitter to Add Cryptocurrency Trading
Twitter is partnering with fintech firm eToro to offer a new feature allowing users to trade cryptocurrencies and stocks. The feature will be accessed via a "view on eToro" tab, taking users to eToro's trading platform. This is the first major deal for Twitter since Elon Musk took over as CEO.
Elon Musk Moves Forward with AI Plans for Twitter
Elon Musk’s recent purchase of nearly 10,000 graphics processing units (GPUs) indicates his commitment to an AI project at Twitter. The project is reportedly in its early stages and uses a large language model. Musk has previously expressed concerns about AI and signed an open letter to halt its development.
Twitter disables actions on tweets with Substack links
Twitter users are unable to interact with tweets containing links to Substack pages, receiving error messages that some actions on the tweet have been disabled by Twitter. It is unclear whether this is a bug or an intended feature. The problem arose around the same time that Twitter cut off the ability for Substack users to embed tweets in their posts. This issue comes after recent mysterious changes to Twitter, and the announcement of Substack's "Notes" application, which is seen as competition to Twitter.
Twitter Disables Interactions with Substack Links
Twitter users were unable to interact with tweets containing Substack links on April 7, receiving an error message or encountering issues with registering their interactions. It is unclear whether the issue is a bug or an intended feature. The problem began around the same time as Twitter cutting off the ability for Substack users to embed tweets. This comes as Substack announced a Twitter-like posting application, potentially competing with the social media platform.
USD Coin Chief Strategy Officer Twitter Account Hacked
Circle's USD Coin (USDC) stablecoin chief strategy officer Dante Disparte's Twitter account has been hacked, with the account reportedly promoting fake loyalty rewards to long-time users of USDC.
AI-powered project steals $1M from consumers.
Users have reported that the AI-based decentralized application project Harvest Keeper has stolen approximately one million dollars from their accounts in what is likely to be a fraud.
Team behind Friendsies NFT project refutes claims
NFTs Friendsies denies departing NFT after being called a "hard rug."
What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority
Jake Chervinsky, the Blockchain Association's chief policy officer, criticized the SEC's enforcement-based regulation and urged Congress to regulate the sector.
Damus, a decentralized social network teased an upcoming feature
One community member called the feature the future of monetization.