Social Media Financial News

12.10 / 01:54

defi Hackers hacks Social Media Stars Arena recovers 90% of stolen funds after offering $257K bounty

Web3 social media platform Stars Arena says it has recovered nearly all of the crypto stolen from an Oct. 7 exploit — minus a 10% bounty to the person responsible.

08.10 / 01:55

Blockchain Hackers hacks Social Media avalanche Stars Arena Exploit audit Stars Arena secures funds to plug $3M exploit, set to reopen after security audit

Avalanche-based Web3 social media app Stars Arena announced that it has secured the funding to cover the $3 million hole left by an exploit on Oct. 6. The team also added that it will re-open the smart contract once a full security audit has occurred.

06.10 / 14:39

Social Media privacy data UK government Snapchat Snapchat warned by UK data watchdog over AI chatbot risks

The social media platform Snapchat has received a warning from the United Kingdom’s data watchdog over its new artificial intelligence (AI) chatbot known as “My AI,” according to an update posted by the regulator.

06.10 / 05:47

business Blockchain hacks Social Media avalanche Stars Arena vulnerability SocialFi app Stars Arena dispels ‘coordinated FUD' after patching ‘noob’ vulnerability

The team behind the new friend.tech-inspired protocol Stars Arena has dismissed what it called “coordinated FUD” after patching an exploit that saw attackers escape with $2,000 from the Avalanche-based decentralized social media platform.

05.10 / 18:59

Blockchain Ethereum Adoption hacks Social Media avalanche Stars Arena Exploit Friend.tech copycat Stars Arena patches exploit after some funds drained

The Stars Arena Web3 social media app on Avalanche has lost some of its funds due to a malicious attack, according to social media reports.

05.10 / 14:19

Blockchain Hackers hacks Social Media Friend Friend.tech offers login removal solutions after SIM-swap reports

The decentralized social network Friend.tech took to social media to announce an updated feature that will allow users to add and remove various login methods used to access their personal accounts after SIM-swap reports.

05.10 / 06:39

Ethereum hacks Social Media Scams Sim Card Scammer Friend Friend.tech SIM-swap scourge continues as scammer nets $385K in Ether

A single scammer has reportedly managed to steal around $385,000 worth of Ether (ETH) in less than 24 hours amid a scourge of SIM-swap hacks seemingly targeting Friend.tech users.

05.10 / 06:39

Blockchain Social Media Altcoin Decentralization avalanche Stars Arena Friend Friend.tech clone Stars Arena drives surge of activity on Avalanche

Decentralized social media (DeSo) application Stars Arena has caused a major uptick in activity on Avalanche’s C-Chain network.

04.10 / 16:35

business Microsoft Social Media LinkedIn ChatGPT OpenAI Microsoft-owned LinkedIn releases AI-powered assistant for job recruiters

The Microsoft-owned and business-focused social platform LinkedIn announced the rollout of new artificial intelligence (AI) features to assist job recruiters when sourcing candidates.

04.10 / 06:35

business Blockchain hacks Social Media phishing Sim Card week Friend Friend.tech users blame SIM swaps after more than 100 ETH drained in a week

Friend.tech users are warning of possible SIM-swap attacks after a recent spate of supposed hacks — resulting in nearly 109 Ether (ETH) worth around $178,000 drained from four users in under a week.

03.10 / 10:51

Social Media Platform Actor Celebrity social Tom Hanks, MrBeast and other celebrities warn over AI deep fake scams

Artificial intelligence (AI) has been a major talking point in Hollywood throughout 2023 and continues to be so as multiple celebrities have come forth denouncing the use of the likeness in AI deep fakes.

02.10 / 13:21

Ethereum ETH Twitter Social Media coinbase fees DApp Friend Friend.tech's Revenue Growth Exceeds 10,000 ETH Milestone

Base-based, Twitter-linked decentralized social network Friend.tech is approaching ETH 11,000 in protocol fees.

02.10 / 10:19

Blockchain Ethereum Social Media Ether price Bitcoin surges Friend Friend.tech revenue surges over 10,000 ETH, TVL tops 30,000 ETH

Decentralized social media platform Friend.tech, based on Coinbase’s layer-2 protocol, Base, has touched new heights in terms of revenue growth and total value locked on its platform.

21.09 / 10:43

Blockchain Adoption Social Media community Tokenomics Bitcoin network Bitcoin Network Friend Friend.tech look-alike ‘Alpha’ emerges on Bitcoin network

The Bitcoin network got its own community-based social token ecosystem after a new project called Alpha emerged overnight.

20.09 / 23:39

business Blockchain Twitter Adoption Social Media censorship YouTube OnlyFans, Patreon models turn to Web3 amid payment and censorship fears

Adult content creators have continued to shift towards decentralized versions of OnlyFans and Patreon, after recent payment difficulties and the ever-present threat of being de-platformed.

16.09 / 06:11

Blockchain Social Media SEC Decentralization Friend regulatory DJ 3LAU causes a stir after opting out of Friend.tech over regulatory risks

Popular DJ and crypto investor 3LAU (Justin Blau) has caused a stir in the crypto community after suddenly opting out of decentralized social media platform Friend.tech. Explaining the decision, the DJ highlighted concerns over the regulatory risks that the platform may pose.

11.09 / 07:53

regulation Social Media France launches a certificate for finfluencers, including crypto

Amid the current pressure on so-called “finlfluencers,” promoting investment products in their blogs, France makes a step toward outright licensing them. The country introduces a non-obligatory Responsible Influence Certificate.

11.09 / 03:01

business Adoption defi Social Media coinbase BaSe Friend Friend.tech TVL tops $20M weeks after being declared ‘dead’

Decentralized social media platform friend.tech has seen a sudden surge in total value locked (TVL), doubling to reach more than $20 million within the last four days.

08.09 / 14:23

Social Media us government Elections AI usage on social media has potential to impact voter sentiment

Artificial intelligence (AI) usage in social media has been targeted as a potential threat to impact or sway voter sentiment in the upcoming 2024 presidential elections in the United States.

08.09 / 06:11

Twitter BLOCK Social Media Platform social China’s Social Media Giant Weibo Purges Crypto Content, Bans Users

The Chinese social media titan Weibo has deleted 80 popular crypto-related accounts and removed “17,000 illegal profit-making-related posts” from its platform.

06.09 / 10:53

Facebook Blockchain Twitter Social Media Google identity Instagram Revolutionizing social networks with Web3: Phaver and Cyberconnect AMA

CEO & co-founder of Phaver Joonatan Lintala and head of marketing at Cyberconnect Abhi Raheja discussed the innovations of their projects and aspects of SocialFi during the recent Cointelegraph live AMA show.

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