The web’s original promise of free speech and open access is threatened by centralized tech giants. Blockchain-powered platforms lay the foundation for a decentralized tech stack that promotes free speech.
X (Twitter) News
X (formerly Twitter) is a social network where users post and interact with short messages called tweets. X was established in 2006 and, as of 2023, has gained massive popularity worldwide, with over 350 million monthly active users. X is one of the largest breaking news sources on the internet and is an important platform for expressing public opinion. However, X is not completely free of censorship, and it has some issues with cryptocurrency advertisements. Twitter was purchased by billionaire Elon Musk in late 2022 and rebranded to X in July 2023, with plans to expand the platform’s services.
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The Binance co-founder said the decision to invest in the social media platform X was primarily driven by a principled stand on free speech.
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Bots are overwhelming social media, distorting engagement metrics, spreading misinformation, and eroding trust in online interactions. Decentralization can fix this key concern.
1352 - Altcoin Watch
DOGE price is down 4% on March 31, and a breakdown of a classic bearish pattern points to a deeper correction in the short term.
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Billionaire investor Elon Musk said that the futures of his AI startup xAI and social media platform X are “intertwined” after announcing the sale of X to xAI.
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Acting SEC Chair Mark Uyeda reportedly voted against suing Elon Musk over his alleged failure to disclose Twitter stock ownership.
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Solana’s X account has deleted an ad after it copped wide backlash for seemingly making light of gender identity issues.
12868 - Explained
With platforms like X becoming integral to communication, stronger security measures are essential to protect user data and prevent disruptions.
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Meteora claims Ben Chow’s X account was hacked after it posted accusations against memecoin founders.
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The X social media platform experienced several outages on March 10, with users struggling to access the site.
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Bots continue to be an issue for X users within the cryptosphere as they battle spam, impersonation accounts, and phishing links.
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The former CEO of defunct cryptocurrency exchange FTX said he could be in his “late 50s” by the time he is released.
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After the Bybit exchange was hacked for over $1.4 billion, the crypto community on X reacted with support and security advice for users.
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The Ethereum Foundation is seeking a social media manager to share the most pressing Ethereum ecosystem developments and stories on social media platforms like X.
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The potential funding round could make early financial backers whole after Musk purchased Twitter for $44 billion in 2022.
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