Social Media Financial News

07.11 / 19:17

business Twitter Adoption Social Media What Musk’s Twitter acquisition could mean for social media crypto adoption

The emergence of Web3 technologies has brought Web2-based companies to consider amendments to their current products and services. Many leading brands are using Web3 technologies such as nonfungible tokens (NFTs) to promote their brand as well as show their affiliation with emerging tech.

06.11 / 15:27

Investments Social Media SEC investigation SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX

Over several years, social media influencers have earned a bad rep among regulators for shilling risky and unvetted tokens to millions of investors. Pursuing the crackdown on such scenarios, the U.S. Securities and Exchange Commission (SEC) reportedly issued a subpoena to influencers who were found promoting cryptocurrencies such as HEX, PulseChain and PulseX.

01.11 / 06:11

business Ethereum Social Media Bitcoin Huobi Global denies ‘large-scale layoffs’ and key exec resignations

Huobi Global says it has no plans to conduct “large-scale layoffs” and has refuted reports that two of its top executives have resigned amid a takeover of the Seychelles-based crypto exchange.

28.10 / 18:23

Twitter Social Media film Footballer Pablo Marí undergoes back surgery after knife attack in Italy

Spanish footballer Pablo Marí, who was wounded in a knife attack at an Italian shopping centre on Thursday, has undergone surgery to treat wounds to his back.

28.10 / 01:07

Social Media Tourism Cinema Ukraine war: Putin slams the West as 'dangerous, bloody and dirty'

Russian President Vladimir Putin said the West is trying to dictate the actions of other nations, in a "dangerous, bloody and dirty" game.

27.10 / 23:13

Social Media Tourism Human Rights Cinema One dead, five wounded in Italy supermarket stabbing rampage

At least one person is dead and five others wounded after a stabbing rampage at an Italian supermarket.

25.10 / 15:21

Adoption Social Media Telegram WhatsApp WhatsApp down again? Google Trends spike after the outage

Some two billion WhatsApp users were left without service on Oct. 25 as the biggest messaging application worldwide went offline. Meta, the owner of Facebook and WhatsApp, is yet to clarify what led to the outage.

19.10 / 19:19

Social Media Hungary comparing EU sanctions on Russia to bombs is 'inappropriate', says EU Commission

The European Commission denounced Hungary's poster campaign comparing EU sanctions on Russia to bombs as "inappropriate" on Wednesday.

19.10 / 05:49

business Twitter Social Media Jack Dorsey unveils decentralized social with algo choice and portable accounts

Twitter co-founder and former CEO Jack Dorsey have lifted the curtain on the latest iteration of its social protocol and a new Bluesky Social app — as part of its decentralized answer to Twitter.

18.10 / 02:59

Facebook Technology Social Media Tech Facebook is on a quest to destroy Web3

The future of how we socialize online is being defined as we speak, and it’s far too important to leave things to the likes of Meta and other mega social companies. Just a surface-level look at Meta’s history is enough to understand its tendency to severely miss the mark.

06.10 / 09:59

business Twitter Social Media How Crypto Twitter could change under Musk’s leadership

Barring another change of heart and certain conditions to be met, Elon Musk’s acquisition of Twitter looks set to go ahead, prompting the question of whether some or all of the changes he initially hinted for the platform will become a reality.

03.10 / 04:35

Technology Adoption Social Media marketing Future The future of DeFi is on TikTok

In July 2021, TikTok hit three billion downloads. The social network boasts more than one billion active monthly users. And, in the United States, TikTok is now more popular with Generation Z than Instagram.

09.09 / 20:23

Facebook Social Media Fraud Meta Ceo lawmakers Crypto scams US lawmakers US lawmakers call on Mark Zuckerberg to address 'breeding ground' for crypto scams: Report

A group of Democrats from the United States Senate has reportedly asked Meta CEO Mark Zuckerberg to provide details on the social media giant’s policies addressing cryptocurrency fraud.

08.09 / 07:27

business Blockchain Technology Social Media Exploit Flash Loan Exploit Avalanche flash loan exploit sees $371K in USDC stolen

Avalanche-based lending protocol Nereus Finance has been the victim of a crafty hack that saw a user net $371,000 worth of USD Coin (USDC) using a smart contract exploit.

07.09 / 23:45

regulation Social Media Instagram stars UK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories

The United Kingdom’s independent advertising regulator has upheld a complaint involving former reality show Love Island contestants Eve and Jessica Gale for “triviali[zing] investment in cryptocurrency.”

06.09 / 21:37

Social Media inflation Europe's energy crisis Liz Truss: New British PM says 'together we will weather the storm'

Britain's new Prime Minister Liz Truss made her first address to the British public outside Number 10 Downing Street on Tuesday evening, after she was formally appointed as Boris Johnson's successor by Queen Elizabeth II.

06.09 / 20:37

Social Media inflation Europe's energy crisis foreign Ukraine war: Putin approves new foreign policy, tensions rise at plant, American actors sanctioned

President Vladimir Putin on Monday approved a new foreign policy doctrine based around the concept of a "Russian World", a notion that hard-line conservatives have used to justify intervention abroad in support of Russian-speakers.

05.09 / 06:23

business Hackers Social Media Trading Rug Pull NFT watchdog Rug Pull Finder gets its own NFT giveaway exploited

In an ironic twist, Rug Pull Finder (RPF), a nonfungible token (NFT) watchdog focused on identifying Web3-based fraud has fallen victim to a smart contract exploit of its own.

23.08 / 12:49

Blockchain Hackers Social Media AMM protocol SudoRare disappears from the internet with 519 ETH

SudoRare, an automated-market maker (AMM) protocol for ERC-721 to ERC-20 swaps, suddenly shut down its services and social media accounts after reportedly making away with 519 Ether (ETH), worth roughly $815,000.

16.08 / 06:19

Blockchain Digital Currency Social Media 19 celebrities called out by consumer watchdog group for shilling NFTs

Consumer watchdog group Truth in Advertising (TINA.org) has called out 19 celebrities for allegedly promoting non-fungible tokens (NFTs) without disclosing their connection to the projects.

13.08 / 00:25

Social Media Wildfires Department Trump FBI seized 'top secret' documents from Trump home, says US Justice Department

The FBI recovered documents that were labelled "top secret" from former President Donald Trump’s Mar-a-Lago estate in Florida, according to court papers released on Friday.

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