Social Media Financial News

26.06 / 01:27

business Facebook Government Social Media Google Media safe 'Keep Australia safe': Dystopian draft bill against 'misinformation' unveiled

A draft bill from the Australian government is warning tech and social media giants to remove misinformation from their platforms or be prepared to pay up big fines.

23.06 / 13:13

event Blockchain Social Media Web3 identity Crypto scammers and the need for tools to prevent theft: World Token Summit

Digital fraud is a huge problem in social media. Each day, scammers create new accounts mimicking popular content creators, and attempt to get fans and other unsuspecting victims to send them money. To solve the problem, some turned to the blockchain to try to create and implement a decentralized social identity verification system.

12.06 / 09:17

business Blockchain Social Media Reddit community API Bitcoin Community Reddit crypto community goes offline: Here’s why

Numerous sub-communities on Reddit – including popular crypto subreddits – unanimously decided to go private for 48 hours as a way to protest against new company policies that prevent the use of third-party applications.

08.06 / 15:49

Blockchain Ethereum Adoption NFT wallet Social Media Polygon Subsocial chat program implements Ethereum usernames, Polygon donations

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 June 7 announcement.

07.06 / 10:05

Blockchain Social Media Web3 Gaming Mobile Games On game theory and Web3 in social media: Interview with HundrX

The dynamic convergence of game theory and social media is a rapidly growing space in the cryptocurrency world. Ivars Indriks, the founder and CEO of HundrX, a pioneering Web3 layer for Twitter, offers valuable insights into the gaming industry’s evolution over the past seven years and presents a compelling case for how insights from this space can be applied effectively in the social media industry. Indriks, with his solid grounding in game theory and extensive experience in mobile gaming, holds an intriguing vision for the future of social networks. His enthusiasm for emerging trends, such as the rise of AI, digital twins and Web3 technology, is evident as he examines the challenges and opportunities inherent in these developments.

02.06 / 13:21

Blockchain Adoption NFT Social Media Web3 Tokens Decentralization Web3 adds semantic layer to Ethereum for a decentralized society

Focusing too much on the tokenization of assets instead of encoding social relationships of trust was a key complaint regarding the current state of Web3 that found a clear voice in a mid-2022 paper published by Ethereum co-founder Vitalik Buterin along with E. Glen Weyl and Puja Ohlhaver. Titled “Decentralized Society: Finding Web3's Soul,” the paper explores soulbound tokens (SBTs), a unique form of nonfungible tokens (NFTs) that represent the credentials of a user.

01.06 / 10:19

Social Media Web3 Decentralization Tokenomics network Pi Network Unveils Web3 Social Platform Fireside Forum to Foster Positive Online Interactions

Web3 app ecosystem Pi Network has launched a "self-moderating" social platform with integrated tokenomics, meant to encourage better content and raise accountability - where users pay to post.

31.05 / 10:49

Blockchain regulation Social Media SEC security Former SEC chief warns influencers about prosecution for crypto price manipulation

The United States Securities and Exchange Commission (SEC) is pursuing crypto influencers who have promoted scam projects and are found to be manipulating the prices of certain tokens via social media. Former SEC chief John Reed Stark took to Twitter to warn crypto influencers to be ready to face prosecution.

29.05 / 06:39

NFT Social Media Reddit Reddit collectible avatars onboard nearly 10M into the crypto, NFT space

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.

20.05 / 08:41

business Facebook Adoption Social Media Decentralization Meta Instagram Instagram to reportedly launch text-based app to rival Twitter

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 show a user interface similar to Twitter.

19.05 / 14:09

business Twitter Adoption Social Media eToro Twitter partnership created a ‘symbiosis,’ says eToro CEO | Bitcoin Miami 2023

The financial service provider eToro and Twitter recently announced a partnership, which allows users on the social network platform to trade cryptocurrencies and stocks.

16.05 / 18:17

Blockchain Adoption wallet Social Media identity Power Are we underestimating the power of digital identity?

In this era of rapidly evolving digital landscapes, digital identity has emerged as a fundamental aspect not only of online presence but even more so of digital lives. While digital identity has enabled consumers to access services, build trust, and personalized digital experiences, the true potential of digital identity reaches far beyond these conventional realms. It stands as a crucial catalyst for a significant change in financial empowerment, ushering in a transformative era of digital transactions.

12.05 / 15:59

business Twitter Social Media Media veteran elon NBCUniversal veteran could replace Elon Musk as Twitter CEO: Report

Reports from major media outlets have suggested that NBCUniversal’s chair of global advertising and partnerships, Linda Yaccarino, could follow Elon Musk as the next chief executive officer at Twitter.

11.05 / 21:43

business Twitter Social Media Tesla elon Elon Musk announces he will step down as Twitter CEO

Twitter CEO Elon Musk has announced that he will be transitioning to executive chair and chief technology officer of the social media platform in roughly six weeks.

11.05 / 05:31

business Social Media Snapchat Bot ChatGPT Influencer Snapchat influencer turns simps into cash using an AI doppelganger

A 23-year-old Snapchat influencer has seemingly taken a leaf out of the SimpDAO book by launching an Artificial Intelligence (AI)-based girlfriend version of herself via OpenAI’s chatbot ChatGPT.

10.05 / 13:47

Dogecoin Social Media Altcoin Tokens Time Pepe vs. Doge: How memecoins performed first time hitting $1B market cap

Memes, internet jokes, and popular culture references have become an integral part of online communities. Because of this, cryptocurrencies inevitably gave birth to a new wave of assets called "memecoins." While some argue that these coins are just a fad, others might also believe in their potential to bring financial gain to their investors.

04.05 / 01:21

business Social Media marketing Media 36% of the top 1,000 crypto projects went silent on blogging this year

More than a third of the top 1,000 crypto projects — a term that includes both crypto companies and individual tokens — haven’t published a single new article on their respective websites in 2023.

03.05 / 19:39

Government regulation Social Media Europe European Union French Senate proposal would allow influencers to promote cryptocurrency

The French Senate’s Committee on Economic Affairs recently approved an amendment to pending legislation allowing registered cryptocurrency companies to hire social media influencers for advertising and promotional purposes.

01.05 / 17:07

Facebook Blockchain Technology Adoption Social Media This blockchain-based social media platform is going after TikTok

Social media is the digital world’s go-to source for entertainment, communication and self-expression. Despite developing new ways to monetize content, this monopolized market still lacks a transparent and engaging reward system for user-generated content. On top of that, there is no trustworthy voting mechanism for crowdsourcing decisions.

30.04 / 09:29

business Hackers hacks Social Media Altcoin Google YouTube Crypto scams YouTube helps recover hacked channel that attempted XRP crypto scams

Prominent YouTuber DidYouKnowGaming was able to regain access to his YouTube channel, which an anonymous bad actor hacked to promote XRP (XRP) cryptocurrency scams.

29.04 / 03:53

business Twitter Social Media income elon Elon Musk introduces Twitter monetization avenues for content creators

Adding to the growing list of radical implementations to improve Twitter’s bottom line and promote citizen journalism, Tesla CEO Elon Musk announced that creators on the social media platform can now monetize their content.

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