Category: social media

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Today in Crypto: US Court Issues a Summons for Binance’s CZ, EU Targets Instagram, YouTube, TikTok & Twitter Over Crypto Ads, Commonwealth Bank of Australia Limits Customers’ Ability to Send Money to Crypto Exchanges

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: US Court Issues a Summons for Binance’s CZ, EU Targets Instagram, YouTube, TikTok & Twitter Over Crypto Ads, Commonwealth Bank of Australia Limits Customers’ Ability to Send Money…
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Subsocial chat program implements Ethereum usernames, Polygon donations

Despite running on a Polkadot parachain, Grill.chat lets users post using Ethereum wallets and send payments via Polygon. 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…
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Reddit collectible avatars onboard nearly 10M into the crypto, NFT space

The popular social platform is about to hit a big milestone in terms of collectible avatar holders after launching “Reddit NFTs” in July 2022. Social platform Reddit is close to breaching 10 million holders of its collectible avatars, or “Reddit NFTs,” nearly 11 months after its launch in July 2022.  According to Dune Analytics, there…
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Dash Blockchain Halts After Upgrade Attempt, Possible Fork Detected

Multiple sources have reported that the Dash blockchain came to a standstill at block height 1,874,879 following an attempted upgrade to version 19 by the developers. As of now, data indicates that the most recent block verified on the network was over 16 hours ago. Dash Network Upgrade Fails, Resulting in Block Production Halt, Cause…
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Instagram to reportedly launch text-based app to rival Twitter

The upcoming app will maintain a Twitter-like centralized feed, allowing users to view content such as text, images and videos shared by followers and recommended accounts. In a secret meeting with select creators, Instagram’s parent company, Meta, reportedly revealed its plan to launch a text-based conversation app. The leaked screenshots of the alleged upcoming app…
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Twitter partnership created a ‘symbiosis,’ says eToro CEO | Bitcoin Miami 2023

Lule Demmissie, CEO of eToro, says that the new partnership with Twitter creates a symbiosis between social networks and social trading. The financial service provider eToro and Twitter recently announced a partnership, which allows users on the social network platform to trade cryptocurrencies and stocks.  This development follows a statement made by former Twitter CEO…
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NBCUniversal veteran will replace Elon Musk as Twitter CEO

Elon Musk announced his departure as Twitter CEO on May 11, suggesting his replacement would be a woman who would take over within roughly six weeks. NBCUniversal’s chair of global advertising and partnerships, Linda Yaccarino, will follow Elon Musk as the next CEO at Twitter. According to a May 12 tweet from Musk, Yaccarino will…
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Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’

Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be at the helm of the social media giant in less than two months’ time.…
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Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows

This week, the Bitcoin community has been abuzz with discussions about the network’s scaling challenges. As the blockchain’s transfer fees continue to surge, the backlog of transactions stuck in the mempool has hit an unprecedented high. Crypto enthusiasts have been sharing their diverse perspectives on the matter, leading to a flurry of takes across various…
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Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze

A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information security, the AI-based chatbot is “the new crypto” for bad actors and the social media giant is preparing for various abuses. Malware Inspired by Chatgpt…
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