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49 articles

January 2024

Dogecoin soars to weekly peak amid X Payments buzz

Speculative X Payments chatter triggers Dogecoin’s sharp rise.

November 2023

Why a16z chose London for its first non-US office

Silicon Valley venture giant Andreessen Horowitz plants flag in London: fuels UK’s ascent as a Web3 innovator.

August 2023

There will never be an X (Twitter) token: Elon Musk

Elon Musk appeared to put an end to recent speculation of X issuing its crypto token, in a tweeted reply Saturday to another user on the platform.

June 2023

What if troubled companies like Twitter can be run by a DAO?

Decentralized autonomous organizations are the future of business, writes Lomesh Dutta. The key is designing them to avoid management and voting pitfalls.

April 2023

Bitcoin hovers under US$29,500 level; Dogecoin gains

Welcome to The Daily Forkast – April 18, 2023 – presented by Megha Chaddah. Bitcoin and other major cryptocurrencies slipped in early morning Asia time. Meanwhile, Dogecoin shrugged off the overall down market, gaining almost 3% as sentiment around the memecoin got a lift after Twitter – led by Dogecoin fan Elon Musk – officially […]

Musk’s Twitter partners with eToro to offer crypto and stocks to users

Twitter users will soon have access to stocks and cryptocurrency through a new partnership with eToro, a trading platform. 

December 2022

Markets: Bitcoin, Ether fall; Dogecoin drops after poll says Musk should quit as Twitter boss

Bitcoin and Ether prices fell in Tuesday morning trading in Asia as concern about the stability of crypto exchanges and a possible global recession continued to weigh on markets.

VPN in China may be at risk as users report connection issues on Twitter

VPN services, a reliable tool for Chinese internet users to bypass the Great Firewall, are reporting connectivity issues in the mainland after anti-lockdown protest content flooded Twitter.

November 2022

Markets: Bitcoin little changed, Dogecoin leads pack in muted morning of trading

Bitcoin was little changed in Monday morning trading amid mixed results from the other top 10 non-stablecoin cryptocurrencies following a relatively muted few days of trading over the Thanksgiving weekend in the U.S.

Markets: Bitcoin, Ether fall as FTX implosion, job cuts in tech industry cloud outlook

Bitcoin and Ether prices fell in Thursday morning trading in Asia along with all other top 10 tokens by market capitalization, excluding stablecoins.

Twitter Users are Looking for Alternative

Elon Musk’s messy Twitter acquisition has users looking for a decentralized social media alternative.

Mastodon is the hot new alternative to Twitter: Can it decentralize social media?

Can decentralized platform Mastodon, named after an extinct elephant, replace the little blue bird that has dominated the world’s social media landscape for over a decade?

Half a million users move to decentralized alternative Mastodon following Elon Musk Twitter grab

Amid uncertainty and criticism following Elon Musk’s takeover of Twitter, nearly half a million users have flocked to Mastodon, a decentralized alternative.

Bitcoin, Ether prices rise, Polygon leads top 10 in gains, Doge, Shib retreat

Bitcoin and Ether rose in Friday morning trading in Asia. Polygon’s Matic led gains in the top 10 tokens after Instagram said it would use Polygon to integrate NFTs into its platform.

Markets: Bitcoin, Ether prices flat; Dogecoin, SHIB lead gains in crypto top 10

Bitcoin and Ether were little changed in Wednesday morning trading in Asia along with most of the cryptocurrency top 10 by market capitalization, excluding stablecoins.

Markets: Bitcoin, Ether prices fall; Dogecoin, Shiba Inu bull run continues; BNB gains

Bitcoin and Ether prices fell in Tuesday morning trading time in Asia, while memecoin Dogecoin and Shiba Inu had the biggest gains among the top 10.

October 2022

Markets: Bitcoin, Ether, Cardano, XRP fall; BNB gains on Binance Twitter investment

Bitcoin and Ether fell in Monday morning trading in Asia, along with most other top 10 cryptocurrencies by market capitalization, excluding stablecoins.

Binance confirms equity in Elon Musk’s Twitter acquisition

Binance has confirmed its participation in Tesla Chief Executive Officer Elon Musk’s Twitter acquisition as an equity investor.

Markets: Bitcoin, Ether fall; Dogecoin gains as Elon Musk’s Twitter buyout moves ahead

Bitcoin’s recent price gains came to a halt in Friday morning trading in Asia though it remained above the US$20,000 support line.

Jack Dorsey-founded decentralized social protocol Bluesky gets 30K signups for waiting list 

Bluesky, the decentralized social media protocol founded by former Twitter CEO Jack Dorsey, announced on Friday morning Hong Kong time that 30,000 people had signed up on its preview app waitlist 48 hours after it was announced.

Twitter user prevents 200 billion BitBTC bridge exploit, highlighting major vulnerability

A Twitter user highlighted a vulnerability in BitBTC’s Optimism bridge and averted what could have been the latest in a string of bridge exploits this month.

September 2022

SBF wanted to join Elon Musk Twitter deal, private text messages show

Sam Bankman-Fried, the American crypto entrepreneur, billionaire and investor, considered joining Musk’s bid to buy social media giant Twitter, leaked private messages reveal.

India’s CoinDCX Twitter handle hacked to peddle XRP

CoinDCX, India’s first crypto unicorn, asked users not to click on any link or messages from its official Twitter handle as the company lost control of the social media account following a hack. See related article: How Twitter hackers social-engineered their way into VIP accounts to shill for bitcoin Fast facts “We are in the […]

Queen Elizabeth artwork NFTs flood into OpenSea marketplace

Demand for non-fungible tokens connected to the late monarch surge along with prices.

June 2022

Elon Musk pumps Dogecoin amid lawsuit

Dogecoin (DOGE) has gained 11% since billionaire Elon Musk said that he would continue to support and buy the cryptocurrency. See related article: Bitcoin, crypto return to red after rate hike rally wears off Fast facts According to CoinMarketCap data, the memecoin was up more than 12% in the past 24 hours to US$0.05788 on […]

May 2022

Beeple’s Twitter account latest victim to phishing scam hacks

The Twitter account of non-fungible token (NFT) artist Mike Winkelmann, widely known as Beeple, was briefly hacked on Sunday and used to promote a phishing scam to drain over US$72,000 from Ether wallets of victims.   See related article: Twitter hacker takes over verified accounts to promote fake Azuki NFT drop Fast facts The hacker shared […]

Twitter spinoff Bluesky releases its first code ADX

Twitter-backed Bluesky, a company researching and developing open and decentralized standards for social media, released its first code on Thursday called Authenticated Data Experiment (ADX) on GitHub. See related article: Twitter’s Bluesky announces new project lead Fast facts Unlike centralized social media platforms where user-generated content is stored in the platform’s servers, ADX data is […]

Binance, a16z among investors backing Musk’s Twitter bid with US$7B

Three dozen investors, including Binance, Sequoia Capital, Andreessen Horowitz and Fidelity Management & Research, have provided financing commitments of US$7.14 billion in support of Elon Musk’s bid to buy Twitter, regulatory filings show.  See related article: Twitter accepts Musk’s US$44B bid, sends Dogecoin to crypto top 10 Fast facts Oracle co-founder Lawrence Ellison was the […]

April 2022

Is Elon Musk’s Twitter grab good for crypto?

Top blockchain and crypto news: Tweet dreams come true for world’s richest man. Instagram scam hits Bored Apes. Bilibili tests China’s NFT boundaries.

Elon Musk is buying Twitter to colonize our headspace and send his pet DOGE to the moon

Elon Musk’s Twitter takeover isn’t really about free speech, writes Ben Armstrong, aka BitBoy Crypto. It’s an attempt to push you out of Bitcoin and sell your data.

DOGE jumps on Twitter deal; Australian crypto ETFs delay

Dogecoin skyrockets as Elon Musk’s Twitter deal finalizes. Meanwhile, a Korean music platform registers NFTs patent.

University of the Philippines Twitter account hacked to promote NFT drop

Non-fungible token (NFT) scammers took control of the University of the Philippines’ official Twitter account on Monday evening, posting several tweets promoting a fake airdrop.  See related article: Twitter hacker takes over verified accounts to promote fake Azuki NFT drop Fast facts The attackers renamed the Twitter account to “takashi murakami” — the name of […]

Twitter accepts Musk’s US$44B bid, sends Dogecoin to crypto top 10

Dogecoin is back in the crypto top 10 after Twitter accepted Tesla CEO Elon Musk’s US$44 billion offer to purchase the social media platform. See related article: Will the dog have its day on Doge Day? Fast facts The world’s leading memecoin reached a high of US$0.1677 before retreating slightly, its highest point since Musk […]

Will the dog have its day on Doge Day?

Holders of the world’s leading memecoin are hoping for a repeat of 2021 where a community effort helped propel the token’s price into the stratosphere. But one industry watcher says the market is a very different place now.

MobiKwik pulls crypto support; Twitter NFT hacker strikes again

In India, Mobikwik yanks crypto support. Meanwhile in the cyberspace, a Twitter hack promotes a fake NFT drop.

Twitter hacker takes over verified accounts to promote fake Azuki NFT drop

India’s Ministry of Education was one of the latest victims in a series of hacks against verified Twitter accounts promoting fake Azuki non-fungible token (NFT) airdrops.  See related article: Azuki spikes past Bored Apes in daily sales Fast facts India’s University Grant Commission (UGC), which has more than 295,000 followers on Twitter, was hacked on […]

December 2021

After Facebook’s name change to Meta, Square has now become Block

When Facebook and payments giant Square launched, they were trailblazers in the industry. Now, after Facebook, Square too has changed its name — to Block — in a bid to embrace the future of technology. Fast facts Square CEO Jack Dorsey and Facebook CEO Mark Zuckerberg have never gotten along. Dorsey has jibed at Zuckerberg […]

Investors queasy as prospect of India crypto ban returns

Top blockchain and crypto news: Are India’s CBDC plans crowding out crypto? Jack Dorsey goes full Bitcoin bro. China’s digital yuan hopes claim another victim.

November 2021

Twitter CEO Jack Dorsey resigns

Twitter’s stock rose 10% on the news, and his other company, Square, also opened up 4%.

Elon Musk takes on Binance with Dogecoin withdrawal glitch

Another day, another fight, on Twitter. Tesla CEO Elon Musk, who has supported Dogecoin, tagged Binance CEO Changpeng Zhao (CZ) and tweeted Tuesday that “what’s going on with your Doge customers? Sounds shady,” after a technical glitch appeared to occur during a recent upgrade of the Dogecoin network. Fast facts A network upgrade of Dogecoin […]

September 2021

Jack Dorsey’s Bitcoin bourse. Are NFTs in bubble trouble? China banks on e-CNY.

Top blockchain and crypto news: Does TBD stand for Twitter Boss Decision? NFTs’ ballooning interest. How billions in e-yuan are coursing through China.

August 2021

Square’s Jack Dorsey to build decentralized Bitcoin exchange

Jack Dorsey, CEO of tech giants Square and Twitter, announced on Friday that Square’s new decentralized finance division, TBD, plans to build a decentralized Bitcoin exchange. Fast facts “We’ve determined TBD’s direction: help us build an open platform to create a decentralized exchange for Bitcoin,” he tweeted. Project lead for TBD Mike Brock also tweeted […]

Twitter’s Bluesky announces new project lead

Twitter’s much anticipated decentralized social media standard, Bluesky, finally has a project lead in crypto developer Jay Graber, Graber announced yesterday on her own Twitter account. Fast facts Bluesky was announced in late 2019, and Twitter CEO Jack Dorsey said decentralization could address some of the key issues surrounding social media, such as moderation. “Centralized […]

July 2021

How blockchain can transform social media | Part 2

Why is social media’s current centralization problematic, and what would a decentralized Twitter or Facebook look like?
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June 2021

Twitter chief says integration of BTC Lightning Network “a matter of time”

Twitter’s founder and CEO says the integration of Bitcoin layer-2 payments — the Lightning Network — into the social media platform may be on the horizon.

March 2021

Jack Dorsey cashing in on NFT frenzy. Ripple turns to CBDCs amid XRP’s legal troubles. Is India rethinking a crypto ban?

Other top blockchain and cryptocurrency news: Ethereum takes up with Amazon, plans gas fee changes. China likely to increase blockchain spending.

January 2021

Biden’s American Rescue Plan. Crypto’s regulatory outlook in 2021. How not to lose your bitcoin password (don’t ask Stefan Thomas).

Other top blockchain and cryptocurrency news: Twitter’s blue sky initiative. In China, Conflux Network wins another government deal.

August 2020

What the Twitter hack reveals about the need for digital identity security

Could blockchain technology and decentralized ID verification have prevented all those VIP Twitter accounts from being commandeered for a bitcoin scam?

July 2020

Could blockchain technology have prevented the Twitter VIP hacks?

Social media platforms like Twitter need more advanced technology, like blockchain, to protect user accounts from attacks, says Voice CEO Salah Zalatimo.