Tagged: social media

Account Takeover Fraud Is Now an Increasingly Common Online Crime: Report

Account takeover fraud is an alarmingly common type of online crime, which can “affect businesses and individuals alike,” according to an update from SEON. This form of attack tends “to occur when a fraudster poses as an established, genuine client of a business, or as… Read More

Amir Husain: Board Director at Navigate Explains How Decentralized Web3 Platforms Can Help Users Monetize their Data

Data monetization allows social media websites and tech giants across the globe “to accumulate significant revenue from user’s personal information,” according to an update shared with CI. Facebook, for example, earns “up to US$900 per year (£670) by selling each user’s personal information to other… Read More

Kåre Kjelstrøm: CTO at Concordium Explains How Blockchain Tech May Enhance Social Media Platforms

We recently connected with Kåre Kjelstrøm, Chief Technology Officer at layer-1 blockchain company Concordium. Kåre, who has an MS in Computer Science from the University of Aarhus, Denmark, is leading the development of Concordium’s blockchain platform – which embeds encrypted ID into on-chain transactions in… Read More

Aiia’s Pay by Link, Powered by Open Banking, to Transform How Businesses, Consumers Make Payments

With Aiia’s new payment feature, Pay by link, it’s easier to provide “seamless” payments for businesses and consumers in whatever fashion the payer prefers – “whether that’s by email, pdf, SMS, letter or even in a social media chat.” The feature is set “to empower… Read More

Unstoppable Domains Introduces Profile Badges, “Verified” by On-Chain Activity

Unstoppable Domains, which claims to be the “leading” Web3 digital identity platform and NFT domain name provider, recently announced the launch of Profile Badges “verified by on-chain activity.” Profile Badges act as a way for users “to build and showcase their digital identity, such as… Read More

Meta and Fintech Chime to Reportedly Sue Alleged Phishing Scam Artists Operating in Nigeria

Mark Zuckerberg‘s Meta is teaming up Fintech Chime in order to go after (alleged) Nigerian scammers that the firms claim have been using social media channels to trick or deceive unsuspecting users out of their hard-earned cash. As reported by Newsweek, the lawsuit marks the… Read More

Seira Yun: Founder and CEO at Socious, a Fintech / Community App for Social Change, Explains How they Aim to Improve Lives

We recently connected with Seira Yun, the Founder & CEO at Socious, a Fintech/Community App for social change. Seira Yun, a Japanese serial social entrepreneur, full-stack developer, and impact angel investor told Crowdfund Insider that he’s interested in getting more involved in the decentralized/distributed autonomous… Read More

Crypto Scam: Realux, a Real Estate and Tokenization Project, Takes Investors’ Funds, Then Quickly Takes Down Website and Disappears

Realux, which claimed to be a real estate crypto project, reportedly paid social media influencers to support the idea that the initiative might help with addressing the wealth inequality issue by democratizing the real estate industry. However, the Realux project founders and team appeared to… Read More

Wise Teams Up with Tencent Financial Technology to Streamline Global Money Transfers to China via Weixin

Wise clients across the globe will now have the option to conduct quick, seamless and cost-effective global fund transfers to Weixin users residing in China from 11 different currencies, including SGD, USD and GBP. Wise (LON:WISE), the international tech firm focused on creating the best… Read More

Digital Collectibles: Meta’s Social Media Networks Facebook and Instagram to Enter Fast-Evolving NFT Markets

Meta’s (NASDAQ: FB) two leading social media networks, Facebook and Instagram, are reportedly looking to enter the fast-evolving non-fungible token (NFT) sector. The tech giant will be focusing on making it seamless for Facebook and Instagram users to issue, trade and showcase their NFTs. As… Read More

Stefany Rojas: Head of Business Development at Kahuna Explains Benefits of Using their Blockchain based Social Media Network

We recently connected with Stefany Rojas, Head of Business Development at Kahuna, a blockchain-based social media network that will aim to engage celebrities with their fans in a democratized manner. It’s worth noting that most blockchain-enabled social media projects such as Voice and Steemit have… Read More

Qtum Blockchain Developers Reveal How Scammers, Imposters Target Unsuspecting Crypto Users Online

The team and developers at blockchain platform Qtum (QTUM) recently noted that their official Telegram channel is one of their “most popular” social media sites. Qtum wrote in a blog post that it’s great for chatting and troubleshooting with their knowledgeable administrators. Unfortunately, however, this… Read More

Blockchain based Social Media Network Voice, Developed by Block.one, Announces NFT Residency for Emerging Creators

Voice, a blockchain-powered social media platform developed by Block.one, has announced its NFT Residency for “emerging” creators. The team at Voice notes in an update, dated June 2, 2021: “Continuing with our mission to empower creatives, we are partnering with leaders in arts and culture… Read More

Clubhouse Adds New Digital Payments Option so Creators on Platform Can Generate More Revenue

Clubhouse will reportedly be adding a payments option that’s meant to generate more revenue for creators. The company also revealed that it could launch other initiatives in the foreseeable future. The move to add the new payments feature has come at a time when several… Read More

Controversial BitClout Project, which will Offer Social Currency Issued by Digital Artists, Already Facing Lawsuit Before Official Launch

There’s been a lot of hype around non-fungible tokens or NFTs, with many major digital art auctions and opportunities to exchange virtual trading cards. There’s also been a lot of talk among major investors who believe that these scarce tokens may support the future of… Read More

Bitcoin Fraud: Teenager Graham Clark Accepts Plea Deal after Being Charged for Acquiring $100K in BTC via Twitter Scam

A teenager who’s responsible for taking over many high-profile Twitter accounts, as part of a huge Bitcoin scam last year, has now agreed to serve 3 years in prison in a plea deal. Graham Clark, 18, has confirmed that he’ll be pleading guilty to State… Read More

More than 30 Lawsuits Now Filed Against Stock Trading App Provider Robinhood Markets Inc., Suits Allege Company Is Manipulating Markets

Digital investment platform Robinhood is reportedly facing around 30 different lawsuits from traders for shutting down or not supporting GameStop trading. Several groups of Robinhood‘s clients have filed lawsuits against the stock trading service provider. Lawsuits have alleged the firm violated certain laws by imposing… Read More

SEC Is Reviewing Social Media Posts, Agency Is Looking for Potential Fraud due to Activities tied to WallStreetBets, GameStop

The US Securities and Exchange Commission (SEC) has been carefully reviewing social media posts, as the federal regulator is looking out for any signs of potential fraud, which may have increased due to the frenzied trading of GameStop and other firms’ shares. The SEC‘s probe… Read More

SEC Acting Chair Allison Herren Lee Says Federal Regulator Will be Carefully Investigating the Reddit “Takeover” of Wall Street

NPR’s Ailsa Chang recently covered the US Securities and Exchange Commission’s (SEC) expected role in conducting an investigation into the Reddit / social media takeover of Wall Street. SEC Acting Chair Allison Herren Lee commented on the agency’s role in looking into the matter. The… Read More

Mobile Payments App Venmo to Provide Merchants Ways to Reach Highly Social Millennials via its Social Feed, Rewards, Payouts

The team at Venmo, a mobile payment service created by PayPal, notes that their platform began as a social peer-to-peer payments tool for friends and family members to split their meal or share an “unforgettable experience.” The Venmo team confirms that several years ago, they… Read More

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