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Showing posts with the label social media

Charles Hoskinson names 'good guys' and 'bastards' in Cardano fairness list

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Charles Hoskinson has placed crypto YouTube channel Altcoin Daily top of a list of crypto news outlets ranked on how fairly they treat Cardano . Coincidentally, the YouTube channel that hosted this highly impartial investigation into media biases was… Altcoin Daily. During the video, Hoskinson stresses that the outlet’s favorable rating wasn’t given “just because we’re being interviewed.” Indeed, according to the Cardano and Ethereum co-founder, “[Altcoin Daily] have a huge audience, you’ve always been friendly, you’re nice guys, and you try to get things right and accurate.” Altcoin Daily has 1.48 million subscribers and creates videos with clickbait titles. Hoskinson then ranks CoinDesk a B, saying it’s been accurate and fair in reporting hard forks. Hoskinson considered buying the publisher last year, and claimed during the interview that he passed on the purchase as there would be “ a mismatch of what we perceived to be the value in their expectation...

From Twitter to the blockchain: The evolution of social media profiles

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An in-depth look at tokenizing social media profiles and creating a more transparent ecosystem for social media users. Social media platforms have revolutionized communication and information sharing, connecting people across the globe and providing a platform for personal and professional growth. However, with this increased connectivity comes a new set of challenges, particularly around the issue of fake engagement and bot activity. In recent years, the rise of automated bots and fake accounts has plagued social media platforms, leading to a distorted picture of user engagement and a lack of trust in the authenticity of the content. This problem is not only a concern for individual users but also for brands and businesses that rely on social media as a marketing and advertising tool. However, a potential solution to this problem is emerging through the rise of Web3 and the use of blockchain technology. By tokenizing social media profiles, users can prove their authenticity and estab...

Line shuts down crypto exchange to focus on blockchain and LN token

The Japanese messaging giant will still continue to support its Line blockchain ecosystem and the Link token despite the ongoing industry challenges. The Japanese messaging giant Line has decided to shut down its cryptocurrency exchange business amid the ongoing crypto winter. Line-owned crypto exchange Bitfront officially announced on Nov. 27 a plan to completely close down the platform by March 2023. According to the statement, the closure was driven by the continued cryptocurrency bear market and other issues in the crypto industry. Despite the exchange ’s closure, Line will still continue to run its other blockchain ventures, including the Line blockchain ecosystem and Link (LN) token , the announcement notes, stating: “Despite our efforts to overcome the challenges in this rapidly-evolving industry, we have regretfully determined that we need to shut down Bitfront in order to continue growing the Line blockchain ecosystem and Link token economy.” Bitfront also emphasized tha...

1 Year of Facebook Becoming Meta: What it Did & Didn't Achieve

Little over a year ago, on the 28th of October, 2021, social media giant, Facebook, rebranded itself into Meta. The announcement was made at the Facebook Connect conference. The rebranding reflected the company’s attempt at growing beyond social media, delving into web3. Regardless of the fall in Meta stock prices, the firm has sure been busy in the year since the rebrand. What Meta achieved Meta’s ambitions are high. And the same reflects in the projects that the company has undertaken. In December 2021, the company unveiled its virtual reality social networking project called Horizon Worlds. Additionally, it made more cryptocurrency ads on Facebook possible. Fast forward to April 2022, there were reports about the company designing a digital currency to be used within the metaverse. However, there is no official update on this matter. The company submitted five trademark applications in May for Meta Pay, a platform for processing payments that supports crypto...

Crypto Fraudsters Preying on Japanese Social Media and Chat App Users

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Source: Smolaw11/Adobe Crypto-related crime continues to rise in Japan – where a media outlet has recounted how two men in their thirties were stung by chat app-based crypto fraudsters running a bogus crypto exchange. According to the newspaper Yomiuri, 24 cases of crypto-related fraud where the perpetrators made use of social media and chat apps have been reported in Fukuoka Prefecture thus far in 2022. The cumulative total of money lost in social media -powered fraud cases in the region has hit the $2 million mark, police explained . The media outlet interviewed two men who said they were duped by “investors” on an investment-themed Telegram channel earlier this year. The first man, named “A” by the media outlet in order to preserve his anonymity, explained that an individual from the chat asked for his Line ID in order to continue a conversation in private. He was later approached on Line by a woman calling herself “Angie Lee...

Kanye West goes viral for wearing a hat with Bitcoin creator’s name on it

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Join Our Telegram channel to stay up to date on breaking news coverage Kanye West, a popular US rapper, recently made headlines for a number of rather controversial incidents. Not only was he banned from a number of social platform s due to a series of controversial comments, but even JP Morgan, the largest US bank, decided to sever all ties with him. Following the controversies, West was seen wearing a black hat with the words “Satoshi Nakamoto” printed on the front, which caused the fans to start speculating about his debanking and potential turn to Bitcoin, and potentially other cryptocurrencies. Kanye West might be the next major celebrity bitcoiner With the photos featuring Bitcoin’s pseudonymous founder emerging online, the main question among crypto and Kanye fans alike is: Is he now a Bitcoiner? One of the photos featuring Kanye in the Nakamoto hat was posted by a Twitter user @QuintenFrancois. In the photo, West is wearing rain boots, a green jacket...

Shiba Inu: xFund Moderator Tweets About Shibarium Release Date

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One Unification xFund Telegram moderator named Lord Gaudy has been blindly tweeting about Shibarium release date and deleting the tweets. On August 25, 2022, the moderator tweeted, “#Shibarium 30th of September. Powered by $xFund,” and later deleted it. For the uninitiated, Unification xFund is the firm that’s currently building Shiba Inu’s Shibarium layer-2 network. Also Read: Can Shiba Inu Make You A Millionaire By 2030? Here’s Your Answer Source: Twitter The tweet had led to speculations that Shibarium documentation’s release could be much nearer than previously thought. It created a frenzy on social media during that time and SHIB’s defense team co-lead Trophias had to step in. Trophias had taken to Twitter to confirm that Shibarium will not release on September 30. You can go through the tweet thread below for a better understanding. As for the xFund "Community Team", they are separate. Their community team does not have an...