Elon Musk’s xAI secures $10 billion to expand its operations as his clash with US President Donald Trump over government spending heats up again.
Social Media News
The social media definition is a computer-mediated communication system developed for sharing information, ideas, interests and other forms of expression in virtual communities. Social media apps are currently the most popular services on application markets, which target nearly every smartphone user. Social media marketing is now one of the most popular promotion techniques, allowing ads to target potential customers in avoidance of disinterested people. Social networks are connecting people around certain points of contact, which are identified by advertising systems. Social media platforms are expanding their functionality by implementing e-commerce, shopping and other features. Building social media with a blockchain may become a next step in social media, which will reduce unauthorized access to the personal information of users, get rid of censorship and make a trusted-transaction system within the network.
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Trump Media’s recently announced $400-million buyback plan will not alter its strategy of using $2.3 billion to invest in Bitcoin, according to the company.
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Bitcoin hater Brad Sherman accused US President Donald Trump of accepting a $300 million bribe from TikTok, but TikTok denied it has anything to do with it.
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Santiment’s social media analysis found 1 bullish comment for every 1 bearish comment, which hasn’t happened since Donald Trump’s tariffs tanked markets in April.
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The social media app will soon be embedded with various financial services, X CEO Linda Yaccarino said.
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Officials reported that scammers had used crypto to pay for fake digital asset investment ads on social media platforms, leading to more than $1 million in losses for victims.
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X has suspended over 20 crypto-related accounts as of Monday, with the bans hitting Pump.fun and its co-founder, Alon Cohen.
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Bitcoin sentiment on social media has reached its highest point in seven months as Bitcoin has been flirting again with its all-time high.
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Cybercriminals hijack or impersonate trusted X accounts to post phishing links that lead users to fake sites or malicious smart contracts designed to steal crypto.
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Other narratives of interest on social media included the accumulation of crypto by whales like millionaire crypto trader James Wynn, Solana, Loud Token and various memecoins.
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An X post by Paraguay’s President Santiago Peña claimed the country had recognized Bitcoin as legal tender, but the official government account soon urged users to “dismiss any recently published content.”
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Hackers are moving from smart contract vulnerabilities to exploiting human behavioural weaknesses, according to the co-founder of Web3 cybersecurity firm CertiK.
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A Bitcoin ETF branded with Donald Trump’s social media platform, Truth Social, is seeking a green light from the Securities and Exchange Commission.
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ZachXBT says both the wallet addresses that sent Silk Road founder Ross Ulbricht 300 Bitcoin were active in 2014 and 2019 while he was in prison.
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xAI’s Grok could soon be accessible in Telegram and will offer chats, text editing, chat and document summaries, inbox agents, group chat moderation and more.
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