Category: social media

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Fact or Fiction? Theories Littered Across Social Media About Blackrock’s Alleged Bitcoin Buying Spree

September 3, 2023

This past week, the U.S. Securities and Exchange Commission (SEC) delayed seven spot bitcoin exchange-traded funds (ETFs), including Blackrock’s proposed Ishares Bitcoin Trust. Alongside this news, Into The Block metrics indicate that from August 13 to the 31st, large BTC holders dubbed ‘whales’ increased their caches by $1.5 billion. Amidst the price consolidation and accumulation,…
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Social Media Powerhouse X Paves the Way for Digital Transactions

August 29, 2023

Social media giant X, still reffered to many as Twitter, has obtained the regulatory green light to introduce cryptocurrency payments for its users. X’s intent to integrate crypto solutions into its platform are well known, and the company is well-equipped to advance its goals thanks to an eToro partnership that was announced in April…. Read…
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Debunked: FBI-Owned Bitcoin Wallet Erroneously Tied to Late Russian Oligarch Prigozhin in Recent Speculation

August 29, 2023

Amid swirling speculations about the third biggest bitcoin wallet, chatter has now emerged linking the fifth largest BTC wallet to the late Yevgeny Prigozhin, former owner of the Wagner private military company (PMC). However, a straightforward blockchain explorer search clearly indicates the wallet bears a label identifying it as property of the U.S. government. Nevertheless,…
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BitBoy Crypto brand will no longer include YouTuber Ben Armstrong

August 29, 2023

The crypto influencer brand had a reach of more than 3.3 million followers at the time the company announced Ben Armstrong would no longer be affiliated with “BitBoy Crypto.” The parent of Hit Network, which controls the “BitBoy Crypto” brand, has cut ties with its public face, Ben Armstrong, citing issues surrounding substance abuse and…
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PEPE Token Heist: Former Team Members Swipe $15 Million in Tokens, Lead Developer Vows to Rebuild and Decentralize

August 27, 2023

Approximately 16 trillion PEPE tokens worth $15 million were illicitly transferred to crypto exchanges and sold, according to an announcement from the meme coin’s anonymous lead developer. The theft was allegedly orchestrated by three former team members who accessed the token’s multi-signature wallet before removing themselves from the project. Despite this setback, the lead developer…
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Today in Crypto: HashKey to Start Offering Crypto Trading to Retail Clients in Hong Kong, ARK Invest & 21Shares Apply for Futures ETFs, Prime Trust Lost $8 million of Client & Treasury Funds in a TerraUSD Investment

August 25, 2023

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: HashKey to Start Offering Crypto Trading to Retail Clients in Hong Kong, ARK Invest & 21Shares Apply for Futures ETFs, Prime Trust Lost $8 million of Client &…
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Thailand Threatens Facebook With Shutdown Over Crypto Scams

August 23, 2023

The government in Bangkok will try to shut down Facebook in Thailand alleging the social media network isn’t doing enough to stop scams. Fraudsters have been luring users to invest in fake companies and cryptocurrencies, authorities said, and the number of complaints has been mounting. Meta Platforms’ Facebook Faces Online Fraud Lawsuits in Thailand Authorities…
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Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

August 21, 2023

The platform was launched in beta version on Aug. 11 and allows users to tokenize their social network by buying and selling “shares” of their connections. Friend.tech, a recently released decentralized social (DeSo) network, has generated over $1 million in fees in 24 hours on Aug. 19, outperforming established players in the crypto ecosystem, including…
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Elon Musk says block feature to be ‘deleted’ on Twitter/X

August 19, 2023

According to Musk, users will have to rely on the “mute” function instead. X owner Elon Musk revealed in an Aug. 18 post on the social media site formerly known as Twitter that he intends to delete the block feature for users on the app. Block is going to be deleted as a “feature”, except…
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X Will ‘Never’ Launch a Crypto Token, Says Musk

August 5, 2023

Tech investor Elon Musk said that his social media platform X, formerly Twitter, will never launch its own cryptocurrency token. He made the statement in response to a post by a user of the networking service warning about fake coin projects exploiting Musk’s name and that of the platform. Elon Musk Categorically Rejects Notion of…
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