The Advertising Futures and Options Exchange (AFOX) platform will allow for the tokenization of media contracts and the selling of advertisements in the futures and options markets.
CoinDesk
Facebook’s Social Media Platforms Crash. Will Libra Be Different?
A few hours ago, the internet’s top social networks suffered a crash that kept users from sharing photos, videos, and similar files. Almost simultaneously, Facebook, Whatsapp, and Instagram suffered the same malfunction causing, as expected, a big nuisance among netizens, who rushed to position the tags #Instagramdown, #facebookdown, and #whatsappdown on Twitter. This is Twitter […]
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Tron’s Justin Sun Prepares Media Extravaganza for Warren Buffett Lunch
Given the already high-profile nature of Justin Sun’s upcoming lunch with billionaire Warren Buffett, you might think he would play his cards close to the vest. Not Sun, who is milking the auction prize for all it’s worth. He announced on social media that he’s selected San Francisco’s Quince, a “three-Michelin starred restaurant in…historic Jackson […]
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Crypto Media Outlet BreakerMag to Shut Down
Breaker Magazine, an editorially independent site owned by SingularDTV, LLC, now operating as Breaker, is reportedly shutting down. According to a recent report by The Block’s Frank Chaparro, who cites individuals familiar with the matter, the decision to shut down operations comes amid a runaway burn rate and failure to find a proper, sustainable business […]
SludgeFeed
Newsflash: The Trump Curse? Vice Media Cuts 10% of Staff after HuffingtonPost & BuzzFeed Layoffs
The Brooklyn, New York-based news and documentary media giant, Vice Media LLC, is cutting 250 employees out of the company and closing down its flagship weekly HBO program, sources tell the Wall Street Journal. Vice is the latest major news media outlet in recent weeks to lay off hundreds of workers as part of massive downsizing to keep the companies afloat. A leaner organization is part of the company’s realignment of its entire global strategy. The 250 Vice employees comprise about 10% of the company’s workforce. HuffPo and BuzzFeed Layoffs “Difficult Changes” was the subject line of the email sent
Why a Russian Social Media Ban Would Hurt Twitter More Than Facebook
By CCN.com: Russia’s media watchdog, Roskomnadzor, plans to sue Facebook and Twitter for not complying with laws pertaining to the storage of Russian’s citizen’s data. There is speculation this could lead to Facebook and Twitter being banned in Russia. Such a ban might have a greater impact on Twitter than it would on Facebook. Russia
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Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again
In the past week or so, a number of publications, including cryptocurrency websites, but also “reputable” mainstream outlets, have given stage to a “Kremlin economist” with a bold prediction – Russia will invest billions in bitcoin to tackle U.S. sanctions, possibly triggering a new bull run as early as next month. The claim was quoted in multiple reports, although never double-checked or substantiated.
Also read: Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It
Crypto Luminary Impersonation Scammers on Social Media Raked in Millions in 2018
Over the last two years, as cryptocurrencies gained mainstream attention, scammers have become far more prevalent. One particular social media scam that can be found on prominent websites like Twitter, Facebook and Instagram is the impersonation of well-known crypto industry executives and blockchain luminaries. Unfortunately even a verified account means nothing these days and these giant corporations have allowed fraudulent acts to flourish giving criminals the opportunity to rake in millions.
Also read: Analysis: Using Technical Indicators to Trade Crypto in 2019
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
Bitmain: Chinese Media Reporting Jihan Wu and Micree Zhan to Step Down
The year is not ending on a good note for Bitmain. The Beijing-based bitcoin mining giant is possibly looking at the resignation of its CEOs Jihan Wu and Micree Zhan, according to Odaily, a Chinese media outlet. The company has not officially confirmed any of the media allegations yet. But sources inside the organization have revealed
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AT&T Wants to Create a Blockchain ‘Map’ of Your Social Media History
Telecom giant AT&T has filed a blockchain-oriented patent application to “map” social media histories. Titled “Blockchain-Based Social Media History Maps,” and published on Thursday, it describes a system of tracking social media history “on behalf of” subscribers. Presumably, such a service would be most useful to employers and prospective employers. AT&T Eyes Blockchain for Social
The post AT&T Wants to Create a Blockchain ‘Map’ of Your Social Media History appeared first on CCN
SEC’s Next Move: Social Media Influencers Who Promoted Crypto ICOs
The U.S. Securities and Exchange Commission (SEC) is actively cracking down on crypto initial coin offering (ICO) projects and a top official said earlier this year that dozens of cases are pending. The next wave of enforcement by the SEC, stimulated by its recent settlement with professional boxer Floyd Mayweather and music producer DJ Khaled, is
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Mainstream Media Coverage of Bitcoin Goes up as Price Falls: Survey
Research suggests that when it comes to covering bitcoin, bad news sells. According to a study conducted by blockchain firm Clovr, the coverage of bitcoin by the mainstream media peaked at the time when the cryptocurrency fell from its all-time high at the beginning of this year. While coverage of bitcoin by the mainstream media
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Media Outlets Blast Bitcoin as Stocks Approach Bear Market Territory
The mainstream media narrative regarding Bitcoin (BTC) and other cryptocurrencies has largely been the same since last year’s bull run, drawing erroneous comparisons between the blockchain industry and the infamous dot-com bubble or worse, the Beanie Baby bubble. The headlines have gotten worse in recent weeks as the crypto market has added further losses fueled by the […]
SludgeFeed
Andrew Fleming, Former Dow Jones Executive, Joins BTC Inc as Head of Media
BTC Inc, the parent company of Bitcoin Magazine, is excited to announce the hiring of Andrew Fleming to be the new head of its media division. The addition of Fleming to BTC Inc’s management roster is the latest example of an emerging trend of big-name talent leaving institutions in order to join the crypto and blockchain industry.
Facebook and Twitter Beware — Censorship-Resistant Social Media Is Here
Over the past few months, Bitcoin Cash developers have been creating applications that are similar to social media and forum platforms like Reddit, Facebook, and Twitter. Anyone in the world can use these Bitcoin Cash-powered applications such as Memo, Blockpress, Keyport, and Matter which offer censorship-resistant versions of these social media giants.
Also read: Facebook Purge Continues: 559 Pages, 251 Accounts Removed Ahead of US Elections
Litecoin Will Fly If It Makes The Most Of Social Media
The pursuit for cryptocurrency adoption seems to focus on three major cryptocurrencies, Bitcoin, Bitcoin Cash and Litecoin. Indeed, this isn’t to disregard the likes of XRP and Stellar, both of which also provide a solid use in mainstream society, however in terms of worldwide societal adoption, Bitcoin, Bitcoin Cash and Litecoin tend to be the go-to currencies.
Bitcoin is of course not without its problems. Scalability through the lightning network is causing Bitcoin problems. The network is sluggish and seemingly unable to cope with the growing demand for the cryptocurrency. The Bitcoin blockchain is often slow and hindered by delay, meaning that in terms of adoption, the big pro of the speed of cryptocurrency is reduced to nothing. Bitcoin is now hard to adopt, because it’s no longer a quick solution.
Stackr: The Dawn of a Digital Asset Savings Solution – [BTC Media Sponsor]
Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.
The need for new solutions that bring together the prevailing worlds of traditional finance and modern-day financial technology has never been greater. At the forefront of this developing trajectory is Stackr, a global fintech company that aims to disrupt the global savings industry by assisting clients in achieving their long-term wealth acquisition goals. Launched in May 2018, this startup features a team that has known each other for decades and collaborated on similar financial solutions for years.
Mainstream Media Compares Crypto Bear Market to the Dot-Com Crash
Now that the cryptocurrency market has pulled back roughly 80% from its all-time highs, the mainstream media has begun making the comparisons between the blockchain industry and the infamous dot-com bubble that saw worthless internet companies like Pets.com raise hundreds of millions of dollars before the market collapsed. A recent article by Bloomberg titled “Crypto’s […]
SludgeFeed
Deloitte report outlines why telecom, media, entertainment firms should invest in blockchain
UK-incorporated multinational professional services organization Deloitte has released a report outlining why executives running telecommunications, media and entertainment (TM&E) businesses should be making investments now in blockchain, according to an email CoinReport received from Brodeur Pa…
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