ZachXBT said the network of fake X accounts used AI to impersonate influencers and post sensational content, generating millions of views and six-figure profits from crypto scams.
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.
- News2168
- News
Bitchat saw a spike in downloads during protests in Madagascar, Nepal, Indonesia and Iran over the last year, and global unrest could see more cases like it.
1429 - News
Galaxy Digital’s Will Owens says most crypto wallets aren’t exposed to quantum risks, with vulnerabilities limited to cases where public keys are revealed.
2997 - News
Researchers raised alarms over a Coinbase-linked Commerce page that prompted wallet recovery phrase entry, which Coinbase said was part of a legacy product now being retired.
1923 - News
Australia’s securities regulator said two-thirds of Gen Z are using social media to make decisions about their financial future, leading to “riskier” financial decisions.
2485 - News
US President Donald Trump's recent comments about Iran helped trigger a Bitcoin rally, leading to an uptick in social media sentiment about Bitcoin.
2707 - News
Bhutan has accumulated around 13,000 Bitcoin since launching state-backed mining operations in 2019, primarily fueled by hydroelectric energy.
2596 - News
Screenshots posted by William Shatner reveal cashback rewards, yield on deposits and FDIC-insured accounts for Musk’s new payment platform.
3032 - News
Creators posting AI-generated war footage without disclosure risk losing access to X’s revenue-sharing program for three months.
3497 - News
X’s head of product, Nikita Bier, said the new paid promotion label is designed to help users monetize content while remaining transparent with followers.
2786 - News
As US policymakers scrutinize prediction market platforms, Polymarket users placed bets on which company crypto sleuth ZachXBT would expose for insider trading.
2781 - News
The price of World Liberty Financial's token dipped about 7% early on Monday, later reported to be the result of a social media and short-seller attack.
2443 - News
OpenClaw creator Peter Steinberger confirmed that users can be removed for mentioning Bitcoin and crypto on Discord.
5225 - News
The ZORA token gained 6.2% to $0.022 over the last 24 hours as Zora announced its new attention markets product.
3228 - News
A Miami federal judge has entered a default judgment against Ben Armstrong, who failed to respond to Kevin O’Leary’s complaint accusing him of defamation.
2709