social media

Social media platform X — formerly Twitter — restricted the account of former Binance CEO Changpeng “CZ” Zhao without explanation other than suggesting “they may have potentially violated the X Rules.”On Nov. 23, X users could briefly view CZ’s acc ...

Crypto media platform CoinDesk was acquired by crypto exchange Bullish on Nov. 20, according to a report published in the Wall Street Journal (WSJ). The crypto exchange is headed by former New York Stock Exchange president Tom Farley. The media platform said that former Wall Street Jo ...

ReadON brings high-quality content to Web3 by providing a seamless and user-friendly experience, helping projects build stronger relationships with their users and driving the adoption of decentralization.While Web3 holds the promise of mitigating the drawbacks of Web2, its adoption ...

The next iteration of the internet, Web3, is proposing a new infrastructure based on blockchain technology to build a democratic global social media ecosystem that caters to all stakeholders.Web3 adepts hope that the widespread adoption of blockchain technology will solve some of th ...

The growth of social media has made it possible for everyone to become a content creator. And while the creator economy grew, incentives to become part of it continued to diminish. Since the $100 billion market is dominated by a handful of centralized platforms, creators hardly ever see a fair co ...

Elon Musk’s social media platform, X (formerly Twitter), is worth less than half of what the tech billionaire bought it for in October last year, an internal memo has reportedly revealed.According to an Oct. 30 report from Bloomberg, the internal memo and sources familiar with the ma ...

Posts corrected by X’s community-driven fact-checking feature will be “ineligible for revenue share,” to stem the flow of misinformation and sensationalism, says Elon Musk. In an Oct. 29 X post, the executive chairman said misleading or inaccurate posts “corrected&r ...

The Web3 industry continues its mission to disrupt the World Wide Web, and social media is one of its primary targets. In the 34th episode of Cointelegraph’s Hashing It Out, host Elisha Owusu Akyaw interviews Ryan Li, co-founder of CyberConnect, about the concept of decentralized social media.&nb ...

Blockchain company LBRY Inc. — the creators of the LBRY blockchain — has issued its final message to the crypto, citing “several million dollars” of debts that have now made it impossible for the firm to continue.“This will be our last post,” said the LB ...

Artificial intelligence (AI) usage in social media has been targeted as a potential threat to impact or sway voter sentiment in the upcoming 2024 presidential elections in the United States. Major tech companies and U.S. governmental entities have been actively monitoring the situatio ...

CEO & co-founder of Phaver Joonatan Lintala and head of marketing at Cyberconnect Abhi Raheja discussed the innovations of their projects and aspects of SocialFi during the recent Cointelegraph live AMA show. Here are the highlights from the interview: ...

In one of the weirder moments of my writing career, Carl “The Moon” Runefelt contacted me out of the blue seeking an “update to old information” in a May 2022 article. The article had touched on his involvement with the crypto payment platform Kasta, but Runefelt felt a pr ...

The price of nonfungible tokens (NFTs) featuring Donald Trump surged after news outlets released a photo of the former United States President as part of his criminal case in the state of Georgia for allegedly attempting to subvert the will of voters in the 2020 election. According to data from N ...

Around 1 in 3 United States investors would be open to following AI-generated financial advice without verifying it with another source, according to a recent survey. On Aug. 22 the Certified Financial Planner Board of Standards released the results of a poll that surveyed over 1,100 adults in ea ...

The team behind the viral decentralized social media platform Friend.tech has refuted a report that claimed that the personal information of more than 100,000 of its users was “leaked.” The now-amended report, first posted by The Block, suggested that data posted by Banteg, a pseudonymous develop ...

Moons and Brick, two tokens created by users of social media platform Reddit, are up 48% and 443%, respectively, in the past week after being listed on cryptocurrency exchange Kraken.In an Aug. 7 announcement, Kraken announced the listing of Moons (MOON) and Brick (BRICK) fo ...

A Bitcoin (BTC) advocate based in Canada has “Zapped” 600 people a total of 300 satoshis ($0.09, or 0.000003 BTC) each in a Bitcoin-inspired social media experiment. To date, marketing executive Michael Degroot has doled out over $50 in Bitcoin to people around the gl ...

Elon Musk stated that his social media company X (formerly Twitter) will fund the legal bills of any user that was treated unfairly by their employer for engaging with content on the platform. In an April 5 X thread announcing the move, Musk said that lawsuits of any scale will be supporte ...

Generation Z crypto investors are more likely to engage in copy trading or social trading, an investment method that involves mirroring someone else's trades, according to a report from crypto exchange Bitget.In an Aug. 3 report on copy trading by Bitget, the firm revealed that out of all ...

Agence France-Presse (AFP) announced a lawsuit against X, the company formerly known as Twitter, on Aug. 2, citing Europe’s “neighboring rights” legislation.According to a press release, AFP is asking the courts to force X — which the press release refers to as &ldq ...

Crypto-spouting Twitter bots could be playing a much larger role in artificially inflating the price of altcoins than previously understood, a new study has suggested.Using a sample of various FTX-listed cryptocurrencies in a study published Aug. 2, the Network Contagion Research ...

The launch of memecoin Pond0x has led to millions of dollars in losses for investors, according to multiple reports on social media on July 28. Data from the Maestro trading app shows that the Pond0x (PNDX) token reached a price of $0.36 before collapsing to near zero in a span of five minut ...

My journey into Web3 marketing officially began when I joined ConsenSys as chief marketing officer in 2016, where I built the first Web3 marketing team and helped bring Ethereum as well as the ConsenSys brand and many early Ethereum-based tools and applications to market. During my time at ...

Members of Crypto Twitter have quickly identified and warned others against a scam being pushed by Uniswap founder Hayden Adams’ compromised account.The "Web3 Security Alerts" channel on Telegram notified followers that Adams’ Twitter account had been compromised on July 20. Th ...

Mark Zuckerberg’s Twitter alternative, Instagram Threads, has been forced to implement rate limits in response to a growing number of reports citing spam attacks and crypto-shilling bots.Instagram head Adam Mosseri announced the introduction of rate limits in a July 17 post on the Th ...

Crypto firms and influencers may need to start slapping disclaimers on crypto memes to stay compliant with advertising laws in the United Kingdom, according to a new proposed guidance from the country's financial regulator.On July 17, the Financial Conduct Authority (FCA) released a propos ...

Coinbase Wallet users can now send instant messages to each other using their Ethereum identities, according to a  July 12 blog post from Coinbase. The new feature relies on the Extensible Message Transport Protocol (XMTP), an instant messaging system that allows users to communicate using b ...

Via a July 6 announcement, decentralized social media protocol DeSo has issued a $1 million bounty for building a competitor to Reddit using its native blockchain. In supporting the decision, developers wrote:"Reddit recently sparked controversy within its community following a de ...

Meta is planning to launch its new Twitter rival, Threads, on July 6, only days after Twitter’s “rate limit” debacle which has temporarily capped how many posts users can read per day.The platform, which is heavily tied to the photo and video-sharing social network Instag ...

Social media networks built on the blockchain are revolutionizing the way we share, interact and communicate with people online. These systems offer improved transparency, data ownership and decentralized incentives by utilizing the power of blockchain technology. This article will di ...

False rumors have again been spreading over the resignation of United States Securities and Exchange Commission (SEC) chair Gary Gensler — this time, however, artificial intelligence has seemingly played a part.On July 1, a news story appeared on a website dubbed “thecryptoaler ...

A draft bill from the Australian government is warning tech and social media giants to remove misinformation from their platforms or be prepared to pay up big fines.The new draft bill would see the country's media regulator — the Australian Communications and Media Authority (ACMA) & ...

Grill.chat, a chat app based on the Subsocial network, has now implemented Ethereum Virtual Machine (EVM) wallet compatibility, allowing users to chat using their Ethereum identities and send crypto to each other via Polygon, according to a June 7 announcement.Subsocial is a Polkadot  ...

Focusing too much on the tokenization of assets instead of encoding social relationships of trust was a key complaint regarding the current state of Web3 that found a clear voice in a mid-2022 paper published by Ethereum co-founder Vitalik Buterin along with E. Glen Weyl and Puja Ohlhaver. ...

The daily number of transactions in the Dogecoin network reached an all-time high after the introduction of the new DRC-20 standard, which allows the creation of NFT and other tokens in the meme cryptocurrency blockchain. According to BitInfoCharts, there were more than 1 ...

The French Senate Economic Affairs Committee approved an amendment to current legislation that allows media personalities to advertise cryptocurrency assets on social media. The proposed amendment, which was approved by the economic affairs committee, will be debated in the ...

The upgrade will make working with Web3 much easier For example, you can set the maximum gas here Find out all the details of the upgraded wallet The 1inch Wallet for Android has received a major update. It provides smoother crypto-interaction and ope ...

Crypto lender Celsius Network has taken legal action against former client and crypto blogger Tiffany Fong for allegedly disclosing confidential trade secrets. Fong has posted over 20 videos on YouTube and other social media platforms criticizing the company since June 2022, according to Celsius. ...

It is not uncommon for the Chinese government to closely monitor and control information related to sensitive topics such as cryptocurrency. The recent removal of the Bitcoin price monitoring feature on Douyin shortly after it was added suggests that the Chinese authorities may not be as crypto-f ...

The Manitoba Securities Commission (MSC) in Canada has sounded an alarm over the proliferation of fake cryptocurrency investment sites. According to MSC Senior Researcher Jason Roy, the agency has received over 60 complaints from Manitoba residents who lost between $320 to $206,000 while investin ...

According to the FBI Internet Crime Report 2022, cryptocurrency fraud cases have seen a significant increase of 183% from the previous year, reaching a total of $2.57 billion. This is a sharp rise from the $907 million reported in 2021. The data was collected from the Internet Crime Complaints Ce ...

The official account of a well-known Indian news channel, News 24, with a substantial following of 1.3 million on Twitter, was hacked by unknown individuals who posted a fraudulent message about distributing 100,000,000 XRP coins. According to the fake tweet posted by the hackers, Ripple CEO Brad ...

Paul Pierce, a former NBA player, has pleaded guilty and agreed to pay a hefty fine of $1.4 million for allegedly mishandling EMAX tokens on social media, according to the US Securities and Exchange Commission (SEC). The SEC accused Pierce of promoting EthereumMax (EMAX) tokens on Twitter without ...