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For 2 days, Damus, a Jack Dorsey-backed decentralized, Twitter rival, was available in China’s Apple App Store. Damus reported on Thursday that the app has been taken down in China. By the Cyberspace Administration of China (CAC) for violating national speech rules. Moreover, Apple cooperated promptly after being asked to.
Twitter users who regularly provide content might now start to feel rewarded for their efforts. The new CEO of Twitter, Elon Musk, revealed on Friday that content producers would soon begin getting a cut of the income earned by advertising that appears in their reply threads. No more details beyond
The market has reached a point of no return. A new report on non-farm payrolls in the United States is now available. The number of individuals working in the U.S.’s industrial, construction, and retail sectors. The government statistics show that in January, a staggering 517k new employment were created. The
MicroStrategy, a business analytics firm, said Thursday that it had lost money for the eighth straight quarter, but that it would maintain its policy of keeping Bitcoin on its balance sheet. Bitcoin’s value dropped to $23,439 after the quarterly earnings report was released. On Thursday, MicroStrategy’s stock rose about 10%,
Bitcoin soared by over 40% in the first month of 2023, off to a fantastic start for the year. This was also the second-largest increase for the month of January in the last decade. For operational purposes, Bitcoin mining firm Marathon digital has been selling its BTC holdings as the
As private sector demand has decreased in tandem with the sell-off in cryptocurrencies for much of the last year. Chainalysis is laying off around 44 of its 900 workers, or 4.8% of its staff. According to Maddie Kennedy, the company’s senior director of communications, the layoffs will mostly affect members
The cryptocurrency market kick-off February with continued bullish momentum as the crypto king, Bitcoin (BTC), soared by over 45%, and the largest altcoin, Ethereum (ETH), surged around 40% in a month. At the time of writing, the global crypto market cap has a market cap of $1.12 trillion, which increased
Pick n Pay, a supermarket chain in South Africa, has accepted Bitcoin at 39 locations before rolling out the service company-wide. The rollout of Bitcoin acceptance took place over the course of the last three months of pilot testing. Customers at any of the retail locations in South Africa will
The decentralized social media platform Damus, dubbed a “Twitter killer” by its developers, has been accepted into the Apple App Store. After what it says were at least three denials. The Damus team verified the permission to its 11,500 Twitter followers on January 31. Shortly after, Jack Dorsey, co-founder of
One of the leading banks, HSBC, has recently advertised several high-level roles in the cryptocurrency sector. Suggesting that it may soon join the burgeoning digital asset sector. Recent job postings indicate that the industry’s dominant financial institution is actively seeking to hire a Product Director with responsibility for managing “tokenization”
