Facebook Curbs Restrictions On Blockchain, Crypto-related Ads

Facebook decided to limit certain restrictions on its prevailing ban on ads related to blockchain and cryptocurrencies. The decision comes amid speculation that the social media giant is preparing to announce its own cryptocurrency. As per the updated advertising policies, advertisers no longer require pre-approval for ads related to blockchain technology, industry news, education, or events related to cryptocurrency. Meanwhile, […]

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The Future of Shopping Is Already Happening in China

LISTEN TO ARTICLE SHARE THIS ARTICLE When Shanghai university student Milky Guan buys cosmetics, she isn’t impressed by beauty stores and big name brands. Instead, the 20-year-old relies on a Chinese social media shopping website called Xiaohongshu, or Little Red Book, to figure out what’s hot and what’s not. On Xiaohongshu—a startup that’s part e-commerce portal and part social media […]

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Facebook Establishes Tel Aviv-Based Blockchain Team

Social media giant Facebook has set up a blockchain team in its development center in Tel Aviv, Israel. In a job advertisement posted on Facebook and LinkedIn, the social media giant said that the blockchain team is tasked with exploring different ways to leverage blockchain technology to improve the lives of people around the world. “The blockchain team is a […]

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4 Reasons Why Social Media Users Will Love Decentralization

Social media is such a big part of our modern society that one might start to wonder what will come next for this billion dollar industry. We all know about social media giants such as Facebook, WeChat, YouTube who manage to connect billions of people on a daily basis. However, over the past couple of years, more and more scandals […]

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With Deplatforming on the Rise, Onchain Social Media App Memo Shows Promise

Last year the Bitcoin Cash (BCH) community welcomed a BCH-based social media network called Memo.cash. Since then Memo has gathered a lot of traction with hundreds of profiles and thousands of onchain updates and conversations posted to the BCH chain. Also read: Crypto-Friendly Statesman Takes Over Swiss Presidency Memo’s Uncensorable Posts Continue to Grow In April last year, news.Bitcoin.com reported […]

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Nike To Feature Colin Kaepernick In ‘#JustDoIt’ Campaign

Sports apparel retailer Nike Inc.’s (NKE) new advertising campaign will feature Colin Kaepernick, the former NFL quarterback who led the protests against racial injustice during the national anthem. The ad campaign will mark the thirtieth anniversary of Nike’s #JustDoIt campaign. Meanwhile, Nike is facing a backlash on social media after the company signed on Kaepernick for the ad campaign, with […]

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Cryptocurrency Fraud Cost UK Investors £2 Million This Summer

Cryptocurrency fraud cost UK investors £2 million in June and July of this year, according to Action Fraud, the government’s fraud and crime reporting center. The center received 203 reports of cryptocurrency fraud during that period, amounting to an average of £10,095 per person. “These statistics show that opportunistic fraudsters are taking advantage of this market, offering investments in cryptocurrencies […]

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Musk, Trump and the age-old mass psychology effect that both are successfully exploiting

Tesla CEO Elon Musk and President Donald Trump do not share similar views of the future, particularly on energy policy. However, both have become masters of using Twitter to exploit a basic mass psychology phenomenon that experts call tribalism. The internet and social media are leading psychologists into unresearched areas where basic research findings about human behavior may be reinforced […]

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