#social media

Aitana Lopez, also known as Fit Aitana, has captivated over 110,000 followers on Instagram with a steady stream of photos that showcase only her. Yet, Aitana isn't your typical social media influencer; she's an AI-generated virtual model, the brainchild of Barcelona's The Clueless agency. The company reports that Aitana's virtual influence brings in about $4000 monthly.

The Wall Street Memes (WSM) meme token is slated for listing on OKX Exchange, happening today at 10:00 GMT. A similar event with PEPE saw the token's price soar with a 15x increase. But what exactly is Wall Street Memes? Originating from Reddit a few years back, this meme community has grown to nearly 800,000 members across different social media platforms, humorously dissecting crypto and financial news. Before rolling out the WSM token in May, they were renowned for their Wall Street Bulls NFT collection. Their token's presale has drawn to a close, amassing approximately $25 million with the token's cost fixed at $0.0337.

At the Intersekt 2023 fintech conference, top executives from Australian crypto firms addressed the growing concern of fraud in the sector. Their consensus? Educating users about scammers' tactics can drastically cut down on fraud incidents. Instead of simply responding to issues, the focus should be on proactive prevention. The discussion also pointed out that the responsibility for curbing crypto scams doesn't just fall on the crypto industry — it's shared by banks, social media platforms, and telecom companies as well.

Social media giants, like Facebook, rely on a vast global moderation teams to sift out damaging content, from child pornography materials to severe violence. The implementation of GPT-4 might be the key to revolutionizing this workflow. "The process [of content moderation] is inherently slow and can lead to mental stress on human moderators. With this system, the process of developing and customizing content policies is trimmed down from months to hours," assert OpenAI representatives. Access to the OpenAI API now enables individuals to forge their distinct AI-driven moderation frameworks.

The team behind the largest token on the Base blockchain, Bald, has withdrawn a substantial amount of liquidity from LeetSwap, removing 7,000 ETH and 142 million BALD tokens in a significant transaction. The price of BALD has plummeted to as low as $0.015, experiencing a decline of over 84%. In the past few days, BALD had seen a gain of over 30,000%, even without having an official website or active presence on social media.

Elon Musk has launched x.com website that points directly to Twitter. He also promises to transform the iconic blue bird logo into the letter "X" within a single day. According to the billionaire, this rebranding effort is aimed at transforming Twitter into an all-in-one "everything app," serving not only as a social media platform but also as a payments app and messenger. In the wake of the news, the X token from an unrelated NFT marketplace with the same name skyrocketed by 1000%. (edited)

FriendTech, a crypto-based social media platform, has introduced email-based accounts as an alternative to phone numbers. This move comes in response to multiple reports of SIM swap attacks targeting FriendTech users.

The country intention to seek a court-ordered shutdown of Facebook unless the social media giant takes decisive action to address alleged investment and cryptocurrency scam advertisements on its platform. According to the Ministry of Digital Economy and Society, over 200,000 individuals fell victim to deceptive Facebook ads. The ministry highlighted that common tactics employed by scammers included crypto investment and trading schemes, often featuring images of celebrities and prominent financial figures, and promising daily returns of up to 30%. The ministry is in the process of gathering evidence regarding these scam advertisements, with their number estimated to be over 5,300.

The world's richest individuals sparring on social media is pure entertainment. Zuckerberg proposed August 26 for the showdown, but Musk hasn't fully committed yet. Instead, he mentioned not having time for workouts; hence, he's lifting weights at work. And get this, Musk's combat style of choice is wrestling! Can you imagine the spectacle that would be?! Musk even suggested a charity fundraiser, but Zuckerberg countered by advocating for a "trustworthy" platform, hinting at avoiding X (Twitter). These clever marketing tactics have definitely sparked social media engagement! But will the face-off actually happen? What do you think?