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Meta to scrap fact-checkers in favor of ‘free expression’

The social media company will switch to a community notes model similar to the X platform’s, Meta said.

Social media giant Meta, formerly Facebook, plans to replace third-party fact-checkers with a community notes model akin to rival X’s to promote “free expression,” according to a Jan. 7 announcement. 

Meta will also lift restrictions on “topics that are part of mainstream discourse” to focus enforcement on “illegal and high-severity violations” and enable users to “take a more personalized approach to political content,” Meta said.

“In recent years we’ve developed increasingly complex systems to manage content across our platforms, partly in response to societal and political pressure to moderate content. This approach has gone too far,” according to Meta’s blog post. 

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XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

New code fuels rumors X payments launch may be imminent

The rumors come two days after X CEO Linda Yaccarino confirmed the social media platform would launch X Money in 2025.

An apparent leak of the latest software code behind Elon Musk’s X has sparked rumors that “X Money” — the name for its payments system — could launch "at any second now.”

X has been working to obtain money transmitter licenses across the United States for X Payments LLC, securing licenses in 39 states so far.

A purported screenshot of the latest code shows the line: “X Money is not available in your state,” — leading some observers, including American entrepreneur Alex Finn, to specuate that it may launch in the US without approval from all 50 states.

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XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

Yat Siu X account breach likely part of a string of recent hacks: ZachXBT

The X account of Animoca Brands co-founder Yat Siu was hacked to promote a bogus token in what appears to be the latest in a string of similar hacks in the past month.

Blockchain gaming conglomerate Animoca Brands confirmed its co-founder and chair, Yat Siu, was hacked on X to promote a fake token, in what appears to be the latest in a string of attacks on crypto X accounts.

“Unfortunately [Siu’s] social media account has been compromised,” Animoca posted to X on Dec. 26. “The token launch on Solana as claimed in a post was made by the hacker.”

In the now-deleted post, Siu’s account shared a link to a token launched on Solana memecoin launcher Pump.fun called Animoca Brands (MOCA) — named the same as the firm and its affiliated Mocaverse non-fungible token (NFT) collection.

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XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

Hacker breaches 15 X accounts, nets $500K boosting bogus memecoins: ZachXBT

ZachXBT says a hacker has breached 15 crypto-focused X accounts to share scam memecoins that have netted the attacker around $500,000.

A threat actor has stolen around $500,000 over the last month from launching memecoin phishing scams on 15 compromised X accounts, according to blockchain investigator ZachXBT.

The perpetrator impersonated the X team and sent fake copyright infringement notices to create a sense of urgency and trick the social media platform’s users into visiting phishing sites, ZachXBT explained in a Dec. 24 X post.

The victims would then unknowingly use the fake site to reset their X account passwords and two-factor authentication (2FA) logins.

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XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

MicroStrategy’s Saylor hints at first Bitcoin purchase above $100K

MicroStrategy’s Michael Saylor has posted the same Bitcoin chart for five consecutive Sundays, and every time, MicroStrategy confirmed a new Bitcoin purchase the following day.

Michael Saylor, the orchestrator of MicroStrategy’s Bitcoin investment strategy, hinted it bought more Bitcoin over the weekend — marking the firm’s first acquisition with an average purchase price of over $100,000.

In a Dec. 15 post to X, Saylor asked whether MicroStrategy’s Bitcoin (BTC) portfolio tracker SaylorTracker was “missing a green dot” — hinting the Bitcoin-stacking firm has purchased again.

Source: Michael Saylor

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XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

Crypto Twitter: A dangerous source for financial advice?

In its latest video, Cointelegraph explains the hidden dangers of seeking financial advice on X and highlights how influencer manipulation has cost investors millions in the crypto market.

In the latest Cointelegraph video, we dive into the hidden dangers of seeking financial advice on X, formerly known as Twitter. While the platform serves as the heart of the crypto community, it also hosts rampant market manipulation and scams.

Through interviews with top crypto influencers and industry experts, the video examines how some high-profile accounts use their reach to influence prices in “pump-and-dump” schemes.

These influencers hype certain tokens, driving up prices to sell at a peak, often leaving regular investors holding near-worthless assets.

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XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

AI memecoin millionaire Truth Terminal has sparked an AI boom in crypto

Emerging developments in AI could provide the breakthrough that has been missing for cryptocurrencies.

It’s no secret that since 2022, nearly every industry has been exploring how to integrate artificial intelligence into their daily operations — and crypto is no exception. 

But unlike most sectors, which are concerned with how AI may benefit them, crypto asks the reverse question: How can AI leverage blockchain to unlock new potential?

One of the most exciting intersections between artificial intelligence and crypto is the rise of autonomous AI agents. These agents are now using cryptocurrencies to enhance their capabilities, and they’re rapidly gaining momentum.

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XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham

Tesla’s massive Bitcoin transfers initially sparked fears of a market dump, but Arkham's data suggests the assets are still under the firm's control.

Electric car manufacturer Tesla likely still owns its entire Bitcoin stash worth $780 million despite transferring all the funds to unidentified wallets on Oct. 15, according to a blockchain analytics firm. 

“We believe that the Tesla wallet movements that we reported on last week were wallet rotations with the Bitcoin still owned by Tesla,” Arkham Intelligence said in an Oct. 22 X post.

Tesla split the 11,509 Bitcoin between seven wallets holding between 1,100 and 2,200 BTC on Oct. 15, Arkham noted. Wallet addresses “1Fnhp” and “1LERL” received the largest batches worth $142.2 million and $128.1 million, respectively.

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XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

EigenLayer (EIGEN) X Account Hacked in Phishing Scam Less Than One Month After the Token’s Launch

EigenLayer (EIGEN) X Account Hacked in Phishing Scam Less Than One Month After the Token’s Launch

The social media platform X account behind a new Ethereum (ETH) ‘restaking’ protocol has been compromised weeks after the token’s launch. According to PeckShieldAlert, the social media account belonging to EigenLayer (EIGEN) was hacked with a phishing link this morning. “EigenLayer X account has been compromised. Do*NOT* click the phishing link eligible-eigenfoundation[.]org” It is not […]

The post EigenLayer (EIGEN) X Account Hacked in Phishing Scam Less Than One Month After the Token’s Launch appeared first on The Daily Hodl.

XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

X to be restored in Brazil in 24 hours, rules Justice Alexandre de Moraes

The ruling came after the social media platform settled a roughly $5.5 million fine in the South American country.

Social media platform X will return to operation in Brazil within 24 hours, according to an Oct. 8 ruling by Justice Alexandre de Moraes.

The platform was blocked on Aug. 30 for failing to comply with Brazilian court orders related to an investigation into the spread of misinformation in the country.

“I hereby order the end of the suspension and authorize the immediate resumption of activities by X Brasil Internet Ltda. within the national territory. I also instruct Anatel (National Telecommunications Agency) to take the necessary steps to implement this measure, with a report to this Supreme Court within 24 (twenty-four) hours,” the Justice wrote in his translated ruling.

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XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report