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Buenos Aires Might Implement Blockchain Systems to Make Social Aid Payments
12.9.2022
Dario Nieto, a lawmaker in the city of Buenos Aires, has introduced a bill that would use blockchain systems to make social aid payments in order to bring clarity to these activities. Nieto has complained about the different intermediaries that use these social campaigns to make money and...
US Senators Press Meta CEO Mark Zuckerberg on Crypto Scam Policies for Facebook, Instagram, Whatsapp
11.9.2022
Six U.S. senators have demanded answers from Meta CEO Mark Zuckerberg about how his company is handling cryptocurrency scams on its social media platforms, including Facebook, Instagram, and Whatsapp. “We are concerned that Meta provides a breeding ground for cryptocurrency fraud that causes...
Ethereum Devs Successfully Complete Merge Shadow Fork With No ‘Client Incompatibility Issues’
10.9.2022
Next week or roughly around four days from now, The Merge is expected to be implemented and Ethereum will transition from proof-of-work (PoW) to proof-of-stake (PoS). According to Ethereum developers, prior to the Paris upgrade, programmers successfully completed the 13th and last shadow fork....
US lawmakers call on Mark Zuckerberg to address 'breeding ground' for crypto scams: Report
9.9.2022
A Federal Trade Commission report from June identified Facebook, Instagram and WhatsApp among the top platforms for crypto fraud originating on social media
UK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories
7.9.2022
The ASA said the Gale twins could not post the crypto ads “in the form complained about” again, but did not bar them from promoting digital assets in future advertisements
Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision
7.9.2022
On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy Allaire explained that the change...
Meta to Open 10 Metaverse Campuses as Part of $150 Million Immersive Learning Project
6.9.2022
Meta, the metaverse-focused social media company, is helping universities get their own virtual reality campuses online. The company will be opening 10 virtual campuses as part of its Immersive Learning project, which seeks to take education to virtual reality environments. In partnership with...
Social Media Giant Snap Disbands Web3 Team Amid Mass Layoffs
1.9.2022
The company, which reported its lowest growth numbers in five years in the second quarter, will lay off a fifth of its staff
Elon Musk Outlines New Reasons to End Twitter Deal Citing Whistleblower
1.9.2022
Tesla CEO Elon Musk has outlined new reasons to terminate the $44 billion deal to buy Twitter in a new filing with the U.S. Securities and Exchange Commission (SEC). Citing a whistleblower report, Musk’s lawyer said the allegations, known to the social media giant but undisclosed to Musk...
SEC Warns Crypto Investors of Scammers Exploiting Their Fear of Missing Out on Social Media
31.8.2022
The U.S. Securities and Exchange Commission (SEC) has warned about scammers exploiting investors’ fear of missing out (FOMO) on social media. “If a crypto investment ‘opportunity’ sounds too good to be true, it probably is,” the SEC cautioned. SEC Says Scammers...
Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram
30.8.2022
Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms. The digital collectible-sharing ability follows Meta rolling out NFT and Web3...
Why DeFi, GameFi and SocialFi are horizontals in the Metaverse
29.8.2022
Read this article to know why DeFi, GameFi and SocialFi are not just verticals but also horizontals in a metaverse
SEC Probes Twitter Over Spam Accounts — Court Orders the Social Media Giant to Provide Additional Data to Elon Musk
28.8.2022
Twitter Inc. has been ordered to provide additional data relating to spam and bot accounts to Elon Musk. The social media giant has sued the Tesla CEO for terminating his $44 billion offer to buy the social media platform. The U.S. Securities and Exchange Commission (SEC) has also questioned...
Accused Bitfinex Bitcoin Money Launderer Heather ‘Razzlekhan’ Morgan Speaks for the First Time Since Her Arrest
24.8.2022
Following the federal judge’s decision to give the accused Bitfinex money launderer Heather Morgan permission to “engage in legitimate employment,” Morgan has broken her silence on social media. Morgan’s Twitter account dubbed “Heather ‘Razzlekhan’...
Blockchain.com Inks Multi-Year Deal With Dallas Cowboys Star Quarterback Dak Prescott
24.8.2022
The crypto firm Blockchain․com announced on Tuesday that the company has inked a multi-year partnership deal with the Dallas Cowboys quarterback Dak Prescott. Blockchain.com says the Cowboys quarterback will appear on TV, radio, and social media in order to bring his “personal brand...
AMM protocol SudoRare disappears from the internet with 519 ETH
23.8.2022
SudoRare suddenly shut down its services and social media accounts after reportedly making away with 519 Ether, worth roughly $815,000
Ethereum community splits over solutions for transaction censorship
23.8.2022
Social slashing and even a user-activated soft fork have been suggested as possible responses to the threat of transaction censorship on Ethereum
Facebook and Twitter will soon be obsolete thanks to blockchain technology
22.8.2022
On Web2 — Twitter and Facebook — users do not own their own content or followers. That isn't the case on Web3, where our corporate overseers will become powerless
Reports Say FTX Warns Customers Not to Interact With Aztec Network, CEO Sam Bankman-Fried Responds
21.8.2022
According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the Aztec Network’s zkmoney privacy technology. Following the accusations, FTX CEO Sam Bankman-Fried explained that transactions are monitored for...
Fake employees and social attacks: Crypto recruiting is a minefield
19.8.2022