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Friend.tech’s FRIEND Token Airdrop Faces Steep Decline Since Market Debut

Friend.tech’s FRIEND Token Airdrop Faces Steep Decline Since Market DebutFriend.tech, the decentralized social media application on the Base network, recently launched its native token through an airdrop. Since trading commenced, the token has plummeted, dropping anywhere from 50% to 90% of its initial value across various decentralized exchange (dex) platforms, as reported by several different price aggregation websites. FRIEND Starts Strong but Value Plummets […]

South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

MeWe social network boss says blockchain can solve the TikTok problem

CEO Jeffrey Edell laid out a six-point plan for social media companies planning the transition to blockchain.

MeWe chairman and CEO Jeffrey Edell recently penned an op-ed detailing how he believes the situation between the US government and China’s TikTok could be avoided through the implementation of blockchain technologies.

Edell’s in the unique position of helming a social media company with, reportedly, more than 20 million users that’s made the leap from traditional web2 to the blockchain.

A slew of recent reports indicate that the U.S. is currently weighing an outright ban on China’s TikTok social media platform. There are allegations that ByteDance, the platform’s owner, has turned over sensitive user data to the Chinese government with potential negative implications for U.S. security.

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South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

Algorand Foundation CEO’s X Account Compromised As Spree of Crypto Social Media Hacks Continue

Algorand Foundation CEO’s X Account Compromised As Spree of Crypto Social Media Hacks Continue

The X social media account of the Algorand Foundation’s chief executive has been hacked, marking the third major exploit of crypto-related X accounts this month. In a new thread, the firm behind smart contract platform Algorand (ALGO) has announced that the X account of Staci Warden, the company’s CEO, has been hacked and warns against […]

The post Algorand Foundation CEO’s X Account Compromised As Spree of Crypto Social Media Hacks Continue appeared first on The Daily Hodl.

South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

SEC Says Apparent Hack of Its X Account Won’t Derail Its Decision on Bitcoin ETF Approval: Report

SEC Says Apparent Hack of Its X Account Won’t Derail Its Decision on Bitcoin ETF Approval: Report

The U.S. Securities and Exchange Commission (SEC) reportedly says that the recent compromise of its X account won’t impede its decision on whether or not to approve a spot market Bitcoin (BTC) exchange-traded fund (ETF). According to a new report by Reuters, unnamed sources say they do not expect the apparent hack to derail the […]

The post SEC Says Apparent Hack of Its X Account Won’t Derail Its Decision on Bitcoin ETF Approval: Report appeared first on The Daily Hodl.

South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

Phishing Link Posted to Certik’s X Account After Hacker Compromises Blockchain Security Firm’s Social Media

Phishing Link Posted to Certik’s X Account After Hacker Compromises Blockchain Security Firm’s Social Media

A phishing link was posted on the X account of blockchain-focused cybersecurity firm Certik after a bad actor hacked into the protocol’s social media profile. In a new announcement, the cybersecurity company says that a “verified account associated with well-known media” was able to hack into one of their employee’s X accounts, using it to […]

The post Phishing Link Posted to Certik’s X Account After Hacker Compromises Blockchain Security Firm’s Social Media appeared first on The Daily Hodl.

South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

EU Commission targets X over ‘dissemination of illegal content’

X owner Elon Musk told advertisers to “go f--- yourself” on Nov. 29 after many left the social media platform in response to antisemitic content and a report on hate speech.

The European Commission said it had opened formal proceedings to investigate X — formerly Twitter — over content related to the terrorist group Hamas’ attacks against Israel.

In a Dec. 18 notice, the commission said it planned to assess whether X violated the Digital Services Act for its response to misinformation and illegal content on the platform. According to the government body, X was under investigation for the effectiveness of its Community Notes — comments added to specific tweets aimed at providing context — as well as policies “mitigating risks to civic discourse and electoral processes.”

“The opening of formal proceedings empowers the Commission to take further enforcement steps, such as interim measures, and non-compliance decisions,” said the notice. “The Commission is also empowered to accept any commitment made by X to remedy on the matters subject to the proceeding.”

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South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

Celeb NFTs and cringy ads — Analysts share their signs of a Bitcoin peak

With a major rally expected sometime in 2024, industry watchers have shared the top signals they look for to indicate when crypto has reached peak euphoria.

Celebrities hocking nonfungible tokens (NFTs), big-budget crypto ads, and mainstream brands adopting crypto slang — these are the signs to watch for during the next bull market that could indicate a peak, according to crypto analysts.

The crypto industry is expected to see a major rally in 2024. In the past 90 days alone, Bitcoin (BTC) has surged to clock in a 74% price increase. Some analysts expect the next Bitcoin all-time high to come in late 2024. 

But are there ways to indicate when the next bull market peak will come? Analysts think there is.

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South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

Cointelegraph enters into a strategic collaboration with Chainlink Labs to support Web3 startups

Cointelegraph is excited to announce a strategic collaboration with Chainlink Labs, the primary contributing developer of the industry-standard decentralized computing platform Chainlink.

Cointelegraph is excited to announce a strategic collaboration with Chainlink Labs, the primary contributing developer of the industry-standard decentralized computing platform Chainlink. This collaboration will align the Cointelegraph Accelerator and Chainlink BUILD programs, helping drive innovation and accelerate the growth of next-gen Web3 projects.

The Cointelegraph Accelerator is a global program that supports early-stage and up-and-coming Web3 startups. As part of the collaboration with Chainlink Labs, the Cointelegraph Accelerator will provide Chainlink BUILD projects with marketing support, media strategy, social media playbooks, user acquisition guides, access to the largest industry events, and other benefits that help accelerate their growth.

On the other hand, Chainlink Labs will engage with projects under the wing of the Cointelegraph Accelerator by offering technical support, mentorship and providing access to Chainlink’s decentralized computing platform and expanding their builder communities.

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South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

Coinbase Wallet Unveils Global USDC Transfers via WhatsApp, Telegram, Facebook and Other Social Media Apps

Coinbase Wallet Unveils Global USDC Transfers via WhatsApp, Telegram, Facebook and Other Social Media Apps

Top US-based crypto exchange Coinbase is unveiling instant global transfers of the stablecoin USDC via social media apps. In a new blog post, Coinbase says that users of its crypto wallet can now instantly send money across the world without having to deal with the complexities of bank transfers. According to Coinbase, the money can […]

The post Coinbase Wallet Unveils Global USDC Transfers via WhatsApp, Telegram, Facebook and Other Social Media Apps appeared first on The Daily Hodl.

South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

Hashing It Out: A case for Web3 chat apps with Push Protocol’s Harsh Rajat

Harsh Rajat, founder and project lead of Push Protocol, explains the surge in the development of Web3 chat applications on the latest episode of Hashing It Out.

Episode 39 of Hashing It Out features an interview with Harsh Rajat, founder and project lead of Push Protocol, who talks about the Ethereum ecosystem and the future of on-chain chat apps.

Rajat articulates that his innovations in the cryptocurrency industry were inspired by his background working on mobile applications.

Rajat believes the Ethereum ecosystem is where innovation happens in the blockchain space.

On recent developments in the Ethereum ecosystem, Rajat says that having multiple layer-2 networks is a good thing.

Another development that Rajat is more familiar with is the surge in chat applications built on Ethereum.

“Web3 relies on communication before it can even rely on features.”

The rest of the episode discusses wallets as Web3 identities, the use cases of token-gated group chats and the future of the Ethereum ecosystem.

Magazine: Pudgy Penguins GIFs top 10B views, CEO sets sights on Disney, Hello Kitty: NFT Creator

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South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M