Category: social media

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X restricts Changpeng Zhao’s account after name change removes ‘Binance’

The former Binance CEO speculated that X’s bot detection algorithm “needs some work” after the platform implied he “potentially violated the X Rules” by changing his profile name. Social media platform X (formerly Twitter) restricted the account of former Binance CEO Changpeng “CZ” Zhao without explanation other than suggesting he “may have potentially violated the…
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Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report

CoinDesk was owned by the Digital Currency Group, which acquired the media company in 2016 for $500,000. Its new owner is headed by former New York Stock Exchange president Tom Farley. Crypto media platform CoinDesk has been acquired by crypto exchange Bullish for an undisclosed sum, according to a report published in The Wall Street Journal…
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Today in Crypto: SC Ventures’ Platform to Enable First-Ever Tokenized Singapore Dollar Government Bond Fund, Pundi X Reveals ‘Pay via Email’ Feature

Source: AdobeStock / Alex Yeung Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Banking news SC Ventures, the innovation, fintech investment, and venture arm of banking giant Standard Chartered, announced the launch of Libeara, a tokenization platform that will enable the…
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X Valued at $19 Billion a Year After Musk Bought Twitter for $44 Billion, Reports

Social media company X is now worth less than half of what Elon Musk paid for Twitter, according to internal documents quoted by the press. The billionaire investor purchased the platform, Twitter at the time of acquisition, for $44 billion last October. He has previously admitted to overpaying for it. Social Media Giant X Worth…
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Elon Musk says posts busted by Community Notes won’t earn revenue share

Elon Musk assured those attempting to “weaponize” the Community Notes feature would be immediately found out. Posts corrected by X’s community-driven fact-checking feature will be “ineligible for revenue share” to stem the flow of misinformation and sensationalism, said Elon Musk. In an Oct. 29 X post, the executive chairman said misleading or inaccurate posts “corrected”…
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Today in Crypto: MoonPay Partners with Mastercard, 64% of Injective Survey Respondents Trade on Both CEX and DEX, Chainstack Launches DeFi API

Source: AdobeStock / Rafael Henrique Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Payments news Crypto payments infrastructure firm MoonPay announced that it partnered with Mastercard to drive innovation and strengthen consumer connections. According to the press release, the two…
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Today in Crypto: Bitcoin Mining Difficulty & Hashrate Set Records as Bitmain Floods US with Machines, Bitget Reveals Future Quant Bot, Pi Network Debutes Staked DMs

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Bitcoin Mining Difficulty & Hashrate Set Records as Bitmain Floods US with Machines, Bitget Reveals Future Quant Bot, Pi Network Debutes Staked DMs  Read more »Sign up for…
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Stars Arena secures funds to plug $3M exploit, set to reopen after security audit

Stars Arena was hacked for roughly $3 million worth of AVAX tokens, with the hacker reportedly sending the funds to the Fixed Float crypto exchange. Avalanche-based Web3 social media app Stars Arena announced that it has secured the funding to cover the $3 million hole left by an exploit on Oct. 6. The team also…
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Snapchat warned by UK data watchdog over AI chatbot risks

Snapchat received a warning from the U.K. data watchdog regarding its AI chatbot “My AI” for potentially failing to identify and address its privacy risks. The social media platform Snapchat has received a warning from the United Kingdom’s data watchdog over its new artificial intelligence (AI) chatbot known as “My AI,” according to an update…
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SEC Sues Musk to Make Him Testify in Twitter Takeover Investigation

U.S. Securities and Exchange Commission (SEC) is trying to force Elon Musk to testify in its probe into his purchase of Twitter, now X. After some back and forth, the billionaire investor bought the social media platform for $44 billion in October 2022 and the SEC’s probe is focused on Twitter shares he had acquired…
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