Aave, the decentralized finance giant, has transferred the responsibility of managing the social infrastructure protocol Lens to Mask Network, delegating consumer-facing execution while moving back to an advisory role that focuses on the infrastructure of the protocol. This marks a new strategy for Aave, which now wants to focus on
X is on the verge of introducing a new feature known as Smart Cashtags, aimed at eliminating ticker confusion and streamlining user conversations about stocks and cryptocurrencies on the platform. This is a rather sensitive time for the platform, given the increased enforcement by the Digital Service Act in Europe
An Alabama man, Eric Council Jr., has been sentenced to 14 months in prison for his role in the January 2024 hack of the SEC’s official X account. The hack led to a false post claiming the SEC had approved spot Bitcoin ETFs, causing rapid market fluctuations. Council, 26, from
Elon Musk, the tech billionaire and owner of X (formerly Twitter), has found himself in the U.S. Securities and Exchange Commission (SEC) crosshairs. The agency, led by Chair Gary Gensler, has issued Musk a settlement demand, “warning of potential enforcement actions unless he agrees to a deal within 48 hours.”
The alternative decentralized X platform Bluesky, co-founded by Jack Dorsey, the former CEO of Twitter, has exploded in popularity in Brazil, amassing an incredible 1 million users in the span of three days. The spike follows X’s suspension in the country, which was mandated by a court. The social media
X (formerly twitter), a social media platform, has been stopped in Brazil by an order of a Brazilian Supreme Court judge, after Elon Musk’s refusal to name a legal representation for the company. As stated in an Associated Press report from August 30, Justice Alexandre de Moraes carried out his
The MakeNowMeme account on X, formerly known as Twitter, has been restored following a brief suspension. The account, which previously allowed users to create Solana-based memecoins with a single tweet, is now active again, with minting and user interactions restored. Earlier today, X temporarily suspended MakeNowMeme, citing violations of its
Federal court orders Elon Musk to testify again in the Securities and Exchange Commission’s (SEC) investigation into his $44 billion Twitter takeover. The court ruled in favor of the SEC’s request after Musk refused to attend an initial interview in September 2023, claiming “harassment.” The investigation centers on whether Musk
Public access to Bluesky, a decentralized social media platform backed by Twitter co-founder Jack Dorsey, has been made available. This platform for microblogging aspires to take on the X (twitter) platform, now owned by Elon Musk. Bluesky, a decentralized social media network, is opening up to the public and has
Social media behemoth X (Twitter) has disabled support for NFTs on its premium membership section. Earlier, according to the support page, Premium subscribers have the option to create and personalize their profile pictures so that they may display the NFTs they possess in a hexadecimal profile photo. After the user
