Social Media

How Signing In With Ethereum Allows Users to Control Their Own Data
As the dangers of letting Facebook control online identities are becoming increasingly evident, some suggest using Ethereum wallets could be an alternative to allowing users better control their own data. "The Hash" hosts discuss the concept of decentralized identity, and how signing in with Ethereum could be a significant step towards that future.

Facebook Outage: Could Crypto Shut Down?
Facebook went down Monday for a little over five hours due to configuration errors, with the damage reportedly costing an estimated $65 million. This comes as the social media giant faces allegations its platforms promote toxic content and harm users. Could the same error make crypto networks go offline? "The Hash" panel discusses the implications for the fragility of the internet at large, highlighting the importance of Web 3.0 and decentralization.

DeSo Launches $50M Fund for Decentralized Social Ecosystem
The Octane Fund will fuel development of early-stage social media projects for the blockchain.

Lil Nas X, Grimes Featured in TikTok NFT Collection
TikTok has announced an NFT collection auctioning next week called “TikTok Top Moments,” featuring contributions from artists including Grimes, Lil Nas X, and Bella Poarch. “The Hash” group discusses the industry implications for the social media app’s first experiment into the world of crypto and blockchain-based digital collectibles.

Twitter Exec Shares ‘Sneak Peek’ of NFT Profile Verification
Users’ avatars would get a check mark similar to the blue check mark given to verified Twitter users.

‘Solcial’ Raises $2.9M to Build Censorship-Free Social Media on Solana
The site will place a heavy focus on monetization opportunities for content creators.

Twitter to Add Bitcoin Lightning Tips, NFT Authentication
Tipping, including with bitcoin, will be live on iOS immediately.

Insider Trading Allegations Rock OpenSea, NFT Marketplace Responds
Nate Chastain, OpenSea’s head of product, is at the center of the scandal that emerged on Twitter on Tuesday night.

Why Avatars Dominate the NFT Market
Blockchain collectibles come in many flavors, but one is clearly leading the pack.


