Social media - Tag Archives - Cryptonews (Page 5)

BitClout Investors Coinbase & Blockchain.com Step Up Their Shilling Efforts

Major crypto exchange Coinbase CEO Brian Armstrong is taking a lot of flak today for his open support of controversial blockchain-based social network BitClout (CLOUT). While another crypto giant, Blockchain.com announced they'll start supporting CLOUT trading this week.Both companies have...

, by Sead Fadilpašić

Sentiment Against Elon Musk on Twitter Rose in May Post-Bitcoin-Criticism

It seems that Ethereum (ETH) co-founder Vitalik Buterin's argument that the markets would pay less attention to Tesla chief Elon Musk's Bitcoin (BTC)-related tweets got a continuation - with a sentiment tracking company finding less than 15% of May tweets about Musk being positive. The...

, by Sead Fadilpašić

FinTok & ‘Finfluencers’ Are On The Rise: 3 Tips To Assess Their Advice

Angel Zhong, Senior Lecturer in Finance, RMIT University. _____Queenie Tan is full of financial advice. Whether it is cheap date ideas, buying furniture, saving your first USD 100,000, doing your tax return or investing in Dogecoin, there is seemingly no topic the 24-year-old Sydney woman...

, by Angel Zhong

Block.one to Make Voice NFT-based Amid Non-Fungibles Market Cool Down

Block.one, the developer of EOSIO, an open-sourced blockchain software, has decided to close its decentralized social media platform Voice to the public for several months to upgrade it from a fungible to a non-fungible token (NFT)-based social platform, the company said. Voice’s website...

, by Jaroslaw Adamowski

TikToker Creates Joke ‘SCAM’ Coin – and People Are Buying it in Droves

A TikToker who made his own crypto token as a joke has been astounded to find that his coin has become an overnight success – and has apparently grown increasingly keen on his logic-defyingly popular creation.Andre Lewis aka Dre, who goes by the TikiTok handle of Dresuschrist, told...

, by Tim Alper

Young South Korean Crypto Enthusiasts Ditch Youtube For TikTok

Young South Korean crypto enthusiasts are reportedly increasingly shunning YouTube – once their favorite resource for crypto investment advice and token-related talk – in favor of TikTok-based crypto content-makers.Per Chosun, Generation Z investors are increasingly looking to broaden...

, by Tim Alper

Law Firm Slaps BitClout Creator With a Cease and Desist Letter

As a lawyer implied would happen, a prominent law firm sent a cease-and-desist letter to the alleged creator of the new, fast-turned-controversial, blockchain-based social network BitClout. Major US-based law firm Anderson Kill has sent a letter to Nader Al-Naji, who they understand launched the...

, by Sead Fadilpašić

Prominent Crypto Players Increasingly Angry With Heavily-Backed BitClout

The criticism against what turned out to be one of the most controversial crypto projects this year (so far) is heating up. Many high-profile players are growing increasingly angry with the new, high-profile-investors-backed project called BitClout.The first question that was in many people's...

, by Sead Fadilpašić

Multiple High Profile Crypto Twitter Accounts Suspended, Users Suspect NFT Link

Twitter users have been left bemused after the accounts of a number of prominent crypto advocates were abruptly suspended – without any apparent explanation.Accounts belonging to influential individuals such as PlanB and Willy Woo were briefly taken down, although both of these have since...

, by Tim Alper

Ex-Block.One CTO Larimer Makes a Comeback With Social Network Project

Well-known blockchain developer Daniel Larimer is back with plans for a new, "logically decentralized" communication platform dubbed Clarion, being showered with both praise and criticism for it. In a Tuesday GitHub post, Larimer introduced the new project, stating that it's a logically...

, by Sead Fadilpašić

Ex-WallStreetBets Mods Aim to Turn WBS 2.0 Decentralized & Tokenized

A group of moderators from the subreddit behind GameStop (GME) short squeeze, which made the headlines across the globe, WallStreetBets (WBS), is now planning to take a path of decentralization and build a smart contract-based pool."It's time to decentralize WallStreetBets [and] build...

, by Sead Fadilpašić

3 Reasons Why WallStreetBets Army Is Back For New Gamestop Rally

Larisa Yarovaya, Deputy Head of the Centre for Digital Finance, Lecturer in Finance, University of Southampton. ____GameStop shares have gone soaring again. The Texan computer games retail chain at the heart of the stock market drama at the end of January surged from USD 44 to a high of around USD...

, by Larisa Yarovaya

Crypto Traders Might Find Familiar Playbook In GameStop Hearing

The GameStop (GME) saga is set to take another twist as a trader prepares to tell the American House of Representatives that social media has allowed retail traders to leveling the playing field with their bitter Wall Street rivals, a strategy that is also coming good for thousands of crypto...

, by Tim Alper

Banning Disruptive Online Groups Is A game of Whac-a-Mole

Andrea Baronchelli, Associate Professor, Department of Mathematics, City, University of London. ______From Washington DC to Wall Street, 2021 has already seen online groups causing major organised offline disruption. Some of it has been in violation of national laws, some in violation of internet...

, by Andrea Baronchelli

WallStreetBets Is Disrupting Financial Markets — Possibly Permanently

Pierre-Yann Dolbec, Assistant professor in marketing and Research Chair in Complexity and Markets, Concordia University. __If the financial world follows the pattern seen a decade or so ago in other markets, such as fashion and music, Reddit’s WallStreetBets (r/wallstreetbets) phenomenon...

, by Pierre-Yann Dolbec

GameStop: I’m A WallStreetBets ‘Degenerate’ & It’s Just Getting Started

Mohammad Rajjaque, Program Director, Accounting and Financial Management Division, University of Sheffield.____I joined the WallStreetBets forum on Reddit almost two years ago. But I was far from the image of the typical “bored, young Reddit trader” that has been portrayed in the media...

, by Mohammad Rajjaque

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