1. Home
  2. Social Media

Social Media

Washington State Accuses 2 Cryptocurrency Platforms of Defrauding Investors

Washington State Accuses 2 Cryptocurrency Platforms of Defrauding InvestorsTwo cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies allegedly lured investors with promises of huge returns, but later blocked withdrawals and demanded extra fees. An investor lost $64,000 to one platform after being asked for a “safety reserve” fee. The platforms are accused of exploiting social media […]

First Tokenized Warehouse Complex Built in El Salvador

Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes

Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These SchemesThe Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices. AFM Sounds Alarm on Crypto Pump-and-Dump Schemes The […]

First Tokenized Warehouse Complex Built in El Salvador

Supreme Court of India’s Youtube Channel Hacked to Promote XRP Scam

Supreme Court of India’s Youtube Channel Hacked to Promote XRP ScamThe Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services resumed later that day. Ripple CEO Brad Garlinghouse responded, condemning the exploitation of crypto users. XRP Scam Promoted on Supreme Court of India’s Youtube Channel […]

First Tokenized Warehouse Complex Built in El Salvador

Elon Musk starts to comply with Brazilian court orders, suspends accounts on X

At least 11 accounts linked to the spread of misinformation in Brazil have been banned from X over the past few days as the platform begins complying with supreme court orders.

Following almost a month of being blocked in Brazil, Elon Musk’s social media platform, X, has taken action to comply with local regulations.

According to local media reports, X started suspending accounts accused of spreading misinformation on Sept. 18, as ordered by Justice Alexandre de Moraes. In addition to suspending the accounts, lawyers for X announced that a new legal representative will be appointed in the country soon. 

According to Brazilian law, social media platforms operating in the country must have a legal representative.

Read more

First Tokenized Warehouse Complex Built in El Salvador

Crypto scammers orchestrate massive hack on X but barely made $8K

The scammers breached countless X accounts to shill the memecoin, but they didn’t even make enough to buy a Toyota Corolla.

An unknown group of crypto scammers has seemingly missed their payday after hacking their way into several high-profile social media accounts on Sept. 18 — only to end up with a few thousand bucks.

On Sept. 18, blockchain sleuth “ZachXBT” alerted the crypto community that several “large accounts on X” were compromised, all posting a Solana memecoin called HACKED.

Some of the infiltrated accounts included Lenovo India, Yahoo News UK, MoneyControl, Oliver Stone, People, and Krystal DeFi. 

Read more

First Tokenized Warehouse Complex Built in El Salvador

Crypto influencer hit with bot claims after nabbing ‘best content creator’ award

Crypto influencer “Professor Crypto” deleted posts of him celebrating the award shortly after being accused of using bots to boost his following.

A crypto influencer has yet to publicly respond to accusations he used bots to manipulate his social media metrics and influence shortly after winning a “best content creator” award at a crypto event.

The investigator known as “ZachXBT” accused the influencer who goes by “Professor Crypto” on X of using “thousands of bots” to “deceive people into thinking you have an influence.”

He also implied the action could breach a United States Federal Trade Commission rule that “prohibits anyone from selling or buying fake indicators of social media influence, such as followers or views generated by a bot or hijacked account.”

Read more

First Tokenized Warehouse Complex Built in El Salvador

Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility

Recession Concerns Ignite Amid US Economic Slowdown and Market VolatilityIn recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple through the markets. Meanwhile, over on X, the topic of recession is gaining more traction by the day, with users discussing the likelihood of an economic downturn. Social Media Buzzes […]

First Tokenized Warehouse Complex Built in El Salvador

Durov announces disabling personal geolocation from Telegram

Telegram’s “People Nearby” feature has been suspected of being a way for state authorities to locate and track dissidents.

Telegram founder Pavel Durov revealed in a Sept. 6 announcement that Telegram is cutting certain features from the platform, including media uploads to the platform’s “Telegraph” blog and disabling the “People Nearby” feature.

Durov told his followers that media uploads to the blogging platform were “misused” by malicious actors, explaining that the vast majority of the Telegram community was not abusing these features. However, Durov made it clear that the “0.001% involved in illicit activities” pose a disproportionate risk to the vast majority of law-abiding users on Telegram.

The Telegram co-founder also announced that the individual geolocation tracking would be ditched for a “businesses nearby” option. Durov likewise claimed that this personal geolocation feature was only used by a tiny minority of Telegram users.

Read more

First Tokenized Warehouse Complex Built in El Salvador

Durov announces disabling personal geolocation from Telegram

Telegram’s “people nearby” feature has been suspected of being a way for state authorities to locate and track dissidents.

Telegram founder Pavel Durov revealed that Telegram is cutting certain features from the platform—including media uploads to the platform’s “Telegraph” blog and disabling the “people nearby” feature—in a Sept. 6 announcement.

Durov told his followers that media uploads to the blogging platform were “misused” by malicious actors, explaining that the vast majority of the Telegram community was not abusing these features. However, Durov made it clear that the “0.001% involved in illicit activities” pose a disproportionate risk to the vast majority of law-abiding users on Telegram.

The Telegram co-founder also announced that the individual geolocation tracking would be ditched for a “businesses nearby” option. Durov likewise claimed that this personal geolocation feature was only used by a tiny minority of Telegram users.

Read more

First Tokenized Warehouse Complex Built in El Salvador

Bluesky adds 1 million new users in 3 days amid X ban in Brazil

The decentralized microblogging platform has seen traffic and user numbers surge following the X expulsion from Brazil. 

American decentralized microblogging social platform Bluesky has seen a surge in adoption and user growth in Brazil following the country’s ban on Elon Musk’s social media platform X.

In a post on X on Sept. 1, Bluesky Social, also known as Bsky — which looks and feels very similar to Musk’s rival platformreported that it had accrued a million new users over the past three days. 

On Aug. 30, a Brazilian Supreme Court justice ordered the suspension of X in the country after Elon Musk refused to name a legal representative for the firm.

Read more

First Tokenized Warehouse Complex Built in El Salvador