Bitcoin sentiment on social media has reached its highest point in seven months as Bitcoin has been flirting again with its all-time high.
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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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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Initial testing of the payment and banking app will be limited because "extreme care" must be taken when people's savings are involved, Elon Musk wrote on X.
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Authorities have asked for 24 months for Eric Council Jr., the individual who pleaded guilty to a charge for compromising the SEC's X account in 2024.
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Many people thought 4chan was gone for good, but the controversial imageboard is back, as is its crypto-heavy /Biz/ board.
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SocialFi's struggle to succeed stems from technical hurdles, user experience barriers, and fragmentation. It needs purpose-built infrastructure, seamless user experiences, and innovative social networking models.
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The X accounts of Curve Finance and Tron DAO were recently taken over by scammers, adding to the growing list of high-profile account takeovers.
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Dogecoin, in particular, has seen a notable spike in online discussions as various ETF applications are being considered in the US, says Santiment's Brian Quinlivan.
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Aiming to reshape how people discover and support business ideas, Token.com introduces a TikTok-style app for new generations of investors.
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