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ForkLog 11 18.10.2024

FBI Arrests Hacker Linked to Fake Bitcoin ETF Announcement

On October 17, the FBI arrested 25-year-old Alabama resident Eric Counsil Jr., accused of hacking the X account of the SEC and posting a fake announcement about a spot Bitcoin ETF. According to the statement, he is charged with “conspiracy to commit aggravated identity theft and device access fraud.” The incident occurred on January 10, […]

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ForkLog 7 09.10.2024

Sociogram Launches Meme Money Maker for Meme Coin Creation

In October, the Web3 social network Sociogram unveiled a platform for launching meme tokens on EVM networks, named Meme Money Maker (MMM). According to Sociogram representatives, meme coins have become one of the fastest-growing sectors in the crypto industry, with trading volumes in the second quarter of 2024 increasing by 34%. However, several issues remain […]

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ForkLog 9 18.09.2024

NanoBit and CoinW6 Accused of Fraud via Social Media

SEC accused cryptocurrency platforms NanoBit and CoinW6 of deceiving investors and stealing their money through a series of social media scams. Two complaints have been filed against five organizations and three individuals. According to the regulator, NanoBit employees solicited funds from October 2023 to June 2024 through WhatsApp groups, posing as “financial industry professionals.” They […]

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ForkLog 14 09.09.2024

The Decline of DeSoc: Friend.Tech Abandons Smart Contracts and Farcaster Stagnates

Friend.Tech developers have relinquished administration of the protocol’s smart contracts. The social platform’s revenues have plummeted catastrophically. User activity metrics in Farcaster and Lens Protocol are stagnating. Developers of the Web3 social network Friend.Tech have transferred the administration and ownership rights of the project’s smart contracts to an Ethereum burn address. Admin and ownership parameters […]

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ForkLog 16 02.09.2024

Craig Wright Promotes BSV on New X Account

The social media account of Craig Wright, often referred to as “fake Satoshi,” on X with 34,418 followers, has posted an invitation to follow the entrepreneur’s new account. “This account is no longer in use. Please follow @CsTominaga for blockchain and Bitcoin information.” Posted by LB on behalf of CSW. — Dr Craig S Wright […]

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ForkLog 13 30.08.2024

Butterflies Social Network Introduces AI User Clones

The social network Butterflies has launched a new feature called “Clones,” which transforms users into AI characters. CLONES are here! Social network Butterflies AI adds a feature that turns you into an AI character https://t.co/f0nrdj1noZ via @techcrunch — Butterflies AI (@butterflies_ai) August 29, 2024 Butterflies was launched in June by former Snapchat developer Vu Tran. […]

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ForkLog 36 22.08.2024

CoinGecko Survey Reveals Crypto Community’s Preference for X, Telegram, and YouTube

According to a CoinGecko survey, 84% of cryptocurrency users spend most of their time on platforms X, Telegram, and YouTube for thematic information. Where do people get crypto news? ? Our recent survey reveals that most of the crypto community consume their news from social media platforms, rather than from news websites. While 73.8% of […]

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ForkLog 9 30.07.2024

SEC Accuses BitClout Founder of Fraud

The United States Securities and Exchange Commission (SEC) has charged the founder of the DeSoc project BitClout, Nader Al-Naji, with fraud.

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ForkLog 11 19.06.2024

Former Snapchat Developer Launches AI Social Network Butterflies

Former Snapchat developer Vu Tran has launched Butterflies, a social network designed for human interaction with artificial intelligence, as reported by TechCrunch. The social network was in beta testing for five months and became publicly available on iOS and Android on June 18. At launch, the app is free, though a subscription model is being […]

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ForkLog 35 22.05.2024

UXLINK Secures $5 Million from SevenX Ventures, INCE Capital, and HashKey Capital

The social Web3 platform UXLINK has raised $5 million from SevenX Ventures, INCE Capital, HashKey Capital, and other investors, according to a press release. In March, the project secured $9 million from OKX Ventures, Manifold, Web3Port, UOB Ventures, Comma3, Cypher Capital, Kucoin Labs, Gate Labs, Forgame (0484.HK), ECV, and 7UPDAO. “With the latest funding round, […]

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ForkLog 30 22.05.2024

Vitalik Buterin Proposes Zero-Knowledge Likes

Ethereum co-founder Vitalik Buterin has endorsed developer X Wang Haofei’s idea of confidential likes and suggested implementing the initiative on the social network Farcaster. Source: Warpcast. He expanded on this proposal by suggesting the use of zero-knowledge (ZK) proofs to combat “preference falsification.” “Preference falsification is a big problem in society, and we need to […]

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ForkLog 16 22.05.2024

Blockchain Social Network Farcaster Secures $150 Million

The blockchain-based social network project Farcaster has secured $150 million in funding, led by Paradigm. Excited to share the news about our recent fundraise! pic.twitter.com/KJxuPJrtqg — Dan Romero (@dwr) May 21, 2024 The funding round included participation from Andreessen Horowitz (a16z), Haun, USV, Variant, Standard Crypto, and several other firms. Farcaster co-founder Dan Romero stated […]

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