Ricardo Salinas Pliego, chairman at conglomerate Grupo Salinas and Mexico’s third richest person, is plugging Bitcoin on social media. The billionaire with an estimated net worth of more than $13 billion as of January changed his Twitter bio over the weekend to include the Bitcoin (BTC) hashtag. Crypto Twitter users and some of Salinas' more than 840,000 followers reported noticing the change Saturday around the time the price of the crypto asset surged to more than $40,000 for the first time in 23 days. Welcome @RicardoBSalinas to the #bitcoin community. Let's join the #bitcoin movement! pic.twitter.com/an9wymsKE7 — Jay_OKEX_CEO (@JayHao8) February …

One of the most well-known online Bitcoin communities passed two million subscribers in a surge of activity on Friday, purportedly due to the media attention over the r/Wallstreetbets subreddit. According to the Metrics For Reddit analytics website, the subreddit r/Bitcoin has 2,184,941 subscribers at the time of publication, making it the 178th most popular subreddit among more than 100,000 active pages. The Bitcoin (BTC) subreddit hit the two million subscriber milestone on Friday, more than 18 months after reaching one million. Though much of the growth in the subreddit following the 2017 bull run was gradual, interest in r/Bitcoin exploded …

After a pump that highlighted the power of crowd mania and meme magic, Dogecoin has tumbled nearly 40% in a retreat from $.06 Friday highs, falling as low as $.033 this morning. For the influencers and Wall Street Bets refugees who joined in on the rise — many of whom were taking their first ride on what’s known to be a notoriously volatile chart — the price action reversal has been especially harrowing. Doge doing what it does best, welcoming people into crypto with a huge slap in the face. https://t.co/0GpiKe4B8U — RyanJK (@RJ_Kunz) January 30, 2021 Just yesterday, Dogecoin …

The Bitcoin bull run may have slowed since the price retreated from $42,000 last week, but the pace of absurd crypto stories appears to have sped up. Just like we saw in 2017, when a bull run gets going, life in the crypto gets increasingly weird. Maybe that's because retail is finally here, with social media interest in Bitcoin hitting an all-time high last week. The result is a hilarious combination of noobs trying to understand crypto amid crazy memes, influencers doling out terrible advice, and faded celebs shilling Bitcoin for bucks. Dogecoin up 163% and listed on three new …

A change to WhatsApp’s terms of service has triggered a mass exodus from the messaging platform to more private and independent rivals like Telegram and Signal, which have registered millions of new users over the last week. Rather than agreeing to new terms specifying the app’s right to share user data with Facebook, millions of WhatsApp users simply gave up using the platform, abandoning it for less-intrusive competitors. Telegram alone has been downloaded 25 million times in the last 72 hours. Telegram surpassed 500 million active users. 25 million new users joined in the last 72 hours: 38% came from …

Since its drop below $4,000 in March 2020, Bitcoin (BTC) has ridden a bullish trend all the way past its 2017 all-time high, recently hitting almost $42,000. During that time, however, Bitcoin’s Twitter activity has underperformed in comparison to its price. Looking at information from crypto data outfit The TIE indicates that Bitcoin’s price is traveling above its Hype-To-Activity Ratio — a metric which shows tweet volume against asset trading volume — since 2019. “Hype-To-Activity Ratio measures the number of tweets a particular coin has per each $1M in reported trading volume of that coin,” The Tie’s CEO, Joshua Frank, …

IMVU's new fiat-convertible VCOIN goes live on the social network. Per a Jan. 12 company announcement shared with Cointelegraph, VCOIN is available for users of IMVU, starting today. IMVU already hosts over 27 million transactions a month using its non-blockchain-backed credits. VCOIN aims to give users involved in those transactions the opportunity to convert their earnings into value that they can use off the platform, both in peer-to-peer transactions and in conversion to fiat, integrating the game's virtual economy into the rest of the economy more tangibly. Regarding the hoped-for boost to the virtual world's economy, IMVU's chief strategy and …

Daniel Larimer, the CTO of EOSIO developers block.one and founder of early crypto exchange Bitshares and blockchain-based social media platform Steem, announced in a short blog post today that he has resigned. “[I] am proud of the EOSIO software I was able to create and launch with the help of an extremely talented group of engineers. Alas, all good things must come to an end. As of December 31, 2020 I have resigned my position as CTO of block.one,” the post read. While the post didn’t specify a reason for the departure, his recent social media activities may hint at …

On Thursday, Mark Zuckerberg took to Facebook to announce the end of Trump's reign — on the platform anyway. Yesterday's rally on Capitol Hill in Washington, D.C. turned into a storm of the Capitol itself by Trump supporters following a speech in which the president said "we will never concede." In his post this morning, Zuckerberg noted that Trump had used his platform on Facebook extensively for campaigning, often delving into disinformation and conspiracy theories, especially since the November election. Following yesterday's violence, Zuckerberg said that "the current context is now fundamentally different, involving use of our platform to incite …

When the Securities and Exchange Commission gave its blessing to social media platform IMVU to launch VCOIN, it was a major leap forward for acceptable scope of crypto applications. The implications for what sorts of projects the SEC considers a security are, in and of themselves, huge. But part of the appeal of VCOIN to the SEC is that, with its stable price and clear use case, IMVU has managed to demonstrate to the commission that the token is a means of making the platform a more lifelike digital world that is more fun to hang out in. For those …

A Reddit user by the name of "u/Cryptorich13" has capitalized on the social media platform’s crypto reward system by converting his stash of free coins into Bitcoin (BTC). In a Sunday post, u/Cryptorich13 explained how he converted his 80,000 Moon reward into Bitcoin earlier this year. The value of his holdings has ballooned following the latest Bitcoin price pump. He said: “I shitposted a lot in 2017. I was awarded 80k reddit moons earlier this year which I sold on the rinkeby testnet using XDai and honeyswap and immediately bought BTC with it. (0.92 BTC to be exact).” U/Cryptorich13 claims …

Just like you might think twice about eating chicken nuggets once you see how they are made, you’d likely hesitate about volunteering your personal information once you see how it is used and monetized. Freedom has become one of the world’s most commoditized assets — and over the years, the internet has eroded it. We live in a world where we’re confronted with 5,000 words of terms and conditions when buying sneakers. Crucial details about what companies do with our data is buried in masses of legalese — prompting most of us to click “I agree” without thinking of the …