Social Media news-Page 2
Twitter's crypto price index feature expands to 30 tokens and counting
Twitter has quietly expanded its new crypto feature that enables users to search the price of individual tokens, adding at least another 30 tokens. The new additions are part of the social media giant's "$Cashtags" feature which was announced by the Twitter Business account on Dec. 21 with the news Bitcoin (BTC) and Ether (ETH) were the first to be part of the new feature. Tweeting or searching for a crypto token or ticker symbol with a dollar sign ($) in front now links to pricing graphs for those symbols. Cointelegraph found 30 of the top 50 tokens by market …
Adoption / Jan. 16, 2023
Decentralized social media a game changer for creator monetization: Web3 exec
Talk of decentralized social media platforms continue to gain significant traction, with users becoming increasingly concerned with the centralized nature of traditional platforms and the potential for censorship. Even the former CEO of Twitter, Jack Dorsey has publicly pushed for a decentralized Twitter alternative. Cointelegraph interviewed Rick Porter, the CEO of decentralized social media start-up DSVR, about the potential these platforms have to change the way users interact and share information online. Porter said that decentralized social media platforms provide, “the potential for users to own their content, their data, and make decisions about its monetization.” Porter also believes that …
Decentralization / Jan. 13, 2023
Logan Paul backflips on defamation lawsuit against Coffeezilla, apologizes
YouTuber Logan Paul has deleted a video in which he threatened to sue internet detective Stephen "Coffeezilla" Findeisen over a three-part series that painted Paul’s CryptoZoo project as a "scam." According to Coffezilla in a Jan. 6 Twitter post, Paul has promised to drop his threats of filing a defamation lawsuit over the videos. Logan called me. He said he’s deleting the two responses, and is dropping the lawsuit threats. I believe he’s making a 3rd response, which I’ll be delaying my video to include. Hopefully this time he takes accountability and refunds the victims of CryptoZoo. That’s what matters. …
Blockchain / Jan. 9, 2023
The worst influencer and celebrity NFT cash grabs of 2022
Mainstream hype for the nonfungible token (NFT) market cooled down significantly in 2022, but that didn’t stop a host of popular and wealthy figures from stinking up the space with dreadful collections last year. In the 2022 edition of the worst influencer and celebrity NFT cash grabs, Cointelegraph takes a look at four projects seemingly designed to milk capital out of their fans pockets, while delivering very little. Tai Lopez — OG (Original Garage) Social Club First on the list is the oddball entrepreneur Tai Lopez, best known for his cheesy marketing campaigns that used to plague YouTube not so …
Nft / Jan. 4, 2023
How to experience Web3 social through Lens Protocol?
Social media has infiltrated the everyday lives of a huge chunk of the global population. With media giants like Facebook and Twitter taking up a significant percentage of people’s time and attention, issues are not scarce. The main pain point stems from the exclusively centralized character of all these mega companies. With the rise of blockchain technology and the advancement Web3 offers in the digital era, social media platforms are also bound to change. The times of centralized entities hogging all control over this sector of the online world are gone. As users seek more transparency and control over their …
Decentralization / Jan. 4, 2023
Bitcoin core developer claims to have lost 200+ BTC in hack
One of the original core developers behind Bitcoin (BTC), Luke Dashjr, claims to have lost “basically” all his BTC as a result of a hack that occurred just before the new year. In a Jan. 1 post on Twitter, the developer said the alleged hackers had somehow gained access to his PGP (Pretty Good Privacy) key, a common security method that uses two keys to gain access to encrypted information. In the thread, he shared a wallet address where some of the stolen BTC had been sent but did not reveal how much of his BTC was stolen in total. …
Technology / Jan. 2, 2023
Social media influencers flock to Web3, Izzy the French Bulldog with new NFT collection
Social media is an enormous part of the everyday lives of people worldwide. Because of the magnitude of the audience that is globally accessible through social media channels, many have now become international stars. And we’re not only talking about people, this includes pets, babies, and even imaginary friends in the form of rocks and twigs. The global stage that social media opens up has allowed creators to express themselves in new and exciting ways. One example of such a surprise star is the French Bulldog named Isabella. She broke the internet all the way back in 2017 by becoming …
Blockchain / Dec. 14, 2022
Jack Dorsey pushes for decentralized Twitter alternative
With the internal investigation led by Elon Musk identifying censorship-related issues on Twitter, the social platform’s former CEO Jack Dorsey has promoted the idea of a “free and open protocol” for social media. In a post, Dorsey highlighted some potential solutions to the current problems of the Twitter platform. According to the former Twitter CEO, this includes making it resilient from corporate or government control, giving the right to remove content solely to the original author and implementing moderation through algorithmic choice. He explained that: “I’m a strong believer that any content produced by someone for the internet should be …
Decentralization / Dec. 14, 2022
US consumer watchdog probes crypto firms over deceptive ads
Several crypto firms are facing a probe from the United States Federal Trade Commission (FTC) over possible deceptive or misleading advertisements relating to cryptocurrencies. According to a Dec. 6 report from Bloomberg, FTC spokeswoman Juliana Gruenwald said the watchdog is investigating “several firms for possible misconduct concerning digital assets.” Gruenwald did not provide further details about which firms were the subject of the investigation or what had triggered the probe. However, deceptive advertising and promotion have been a trending topic in the U.S. this year. In October, reality TV star Kim Kardashian was fined by the United States Securities and …
Regulation / Dec. 6, 2022
Legal team for 3AC liquidators blast founders for shifting blame to FTX, media blitz amid bankruptcy
The founders of Three Arrows Capital, or 3AC, the Singapore-based crypto hedge fund with close ties to Terra Labs, have been spending more time engaging on social media and news outlets than dealing with its own liquidation, according to bankruptcy lawyers. In a Dec. 2 hearing in United States Bankruptcy Court in the Southern District of New York, lawyers for 3AC’s liquidators cited founders Zhu Su and Kylie Davies for being “active and responsive to comments via Twitter” but “repeatedly fail[ing] to engage” with liquidators to discuss the company’s assets and related issues. According to the legal team, Zhu and …
Regulation / Dec. 2, 2022
What is the best crypto use case? Community answers
While fears surround the crypto market because of how big projects and firms file bankruptcy one after the other, community members continue to remind the world of the best use cases for cryptocurrency. On Twitter, the Cointelegraph social team asked the community to share their perspectives on what the best crypto use case is. From payments and self-custody to transparency and investment, community members gave a wide range of responses. What is the best use case of crypto? — Cointelegraph (@Cointelegraph) November 29, 2022 One community member highlighted the use of stablecoins like Tether (USDT) as payment methods while pointing …
Adoption / Nov. 30, 2022
Ukraine-based blockchain firm blasts 'fake news' for crypto donation rumors amid FTX collapse
Everstake, a blockchain firm that partnered with the Ukrainian government to launch a donation website amid the country’s war with Russia, has pushed back against online rumors and conspiracy theories that the platform was used for politically motivated money laundering. Ukrainian government officials partnered with Everstake, Kuna and the now infamous crypto exchange FTX to launch Aid for Ukraine in March following the Russian military’s invasion. According to the platform, crypto users and Ukraine supporters sent roughly $60 million in crypto and fiat aimed at supporting Ukraine’s armed forces and other humanitarian causes. However, with FTX’s liquidity issues and bankruptcy, …
Social Media / Nov. 29, 2022