Virtual reality media platform, Sensorium, has announced its membership in the Global Blockchain Business Council, or GBBC — a Swiss-based non-profit industry association for blockchain. Sensorium will participate in GBBC’s upcoming virtual forum on May 28, which will see the firm’s director of technology Alex Blagirev discuss his predictions for how virtual social media will change the way that people interact online. Cointelegraph spoke to GBBC to discuss the intersection between social media and virtual reality, or VR, and the role that blockchain plays in the sector’s future. DLT protects copyright for user content A GBBC representative stated that the …

In an exclusive interview with Cointelegraph, Jenny Ta, the former CEO of multiple investment firms and founder and chief executive of crypto-powered social marketplace, CoinLinked, discussed her journey transitioning from Wall Street to the decentralized economy. The serial entrepreneur and self-made millionaire emphasized the challenges of seeking sound legal advice for an emerging sector that is subject to rapidly evolving regulation. However, Ta predicts the increasing maturation of blockchain regulation will drive widespread adoption of crypto assets. From Wall St to crypto Ta recounts first hearing about Bitcoin (BTC) through the Winklevoss twins, however, stated that she “got really serious …

CoinLinked, a social media network and marketplace platform founded by Wall Street veteran Jenny Q. Ta, launched on May 7. The platform will feature a utility token that rewards users for activity on the platform, and can also be redeemed for discounts on CoinLinked’s marketplace. Speaking to Cointelegraph, Ta described CoinLinked as the “first-ever blockchain-based social network and crypto-commerce platform,” likening it to a hybrid decentralized/centralized amalgamation of Twitter, Instagram and Amazon. “With global e-commerce steadily expanding each year and sales projections indicating that the multi-billion-dollar industry will reach new highs in 2021, there’s a clear need for a more …

Personal data breaches on social media platforms are nothing new. Global giants like Facebook are known for their privacy issues. While global Internet users continue to rely on classic social media like Facebook and YouTube, industry players keep building privacy-focused alternatives based on blockchains like IOTA. Society2 is a new decentralized social media, or DeSM, project that aims to let users regain control of their data and enable IOTA node owners to run their own social media sites or apps. Officially announcing the initiative on May 5, Society2 outlined that there has been no mainstream adoption of decentralized social media …

Block.one, the company behind the EOSIO protocol (EOS), has been awarded a patent for a blockchain-based bidding system for promotional exposure tied to popular social media posts. The U.S. Patent and Trademark Office approved the patent on April 28. Block.one filed with the office during May 2019. The patent, which Block.one describes as means to incentivize positive feedback contributions among a social media community, describes a system where bidders can compete to have their profile displayed in a prime position on trending posts. “One way that posts achieve influence is through positive community feedback,” the filing reads. “Although a user …

It’s hard for most people to imagine their lives without the use of social media, and crypto enthusiasts are no different. Since the beginning, the crypto industry has thrived on social media platforms, as they allow people to connect and share ideas. Furthermore, the emergence of the very idea of cryptocurrencies and the blockchain can be largely attributed to social networking platforms that facilitated the rise of activist groups such as the Cypherpunks. Therefore, it is no surprise that there is a growing number of social networking platforms built on the blockchain for crypto enthusiasts. Emerging social media platforms such …

While many other accounts have seen reinstatement shortly following their bans in recent days, YouTube has still not brought the CrytptosRus channel back to life. It has now been three weeks since the channel creator's original petition for reinstatement. "My channel is still banned," CryptosRus host, George, told Cointelegraph in an April 28 email, adding that YouTube has not updated him on the situation. "I appealed the decision three times now," he said. YouTube bans for days The social video platform banned and flagged a large number of high profile crypto YouTube accounts in December 2019. Many accounts saw restoration …

Ripple CTO, David Schwartz, reported that his YouTube channel was suspended on April 29. This news comes several days after his company filed a lawsuit against the social media platform, although the two events may not be related. "Weirdly, YouTube just decided to suspend my channel (SJoelKatz) for impersonation," Schwartz said in a Tweet. "I wonder who they think I was impersonating." The suspension comes after Ripple's lawsuit against YouTube The CTO's YouTube suspension occurred roughly eight days after his company, Ripple Labs, and company CEO, Brad Garlinghouse, filed a legal claim against the social video platform. The lawsuit stated …

Catering to the social realm of the digital sphere, crypto exchange, Bitfinex, announced its own social network, which opened today. On the exchange's social network, called Bitfinex Pulse, customers can immerse themselves in the energetic world of trading, collaborating on concepts, and other market related activities, said a statement provided to Cointelegraph. The product looks to give users a leg up against the rest of the crypto trading world as they communicate with their fellow Bitfinex compatriots. Different from other social trading platforms Bitifinex Pulse is not first to the party regarding the social trading aspect of crypto. Other players …

In a podcast interview with tech researcher, Lex Fridman, Twitter CEO and co-founder, Jack Dorsey, referred to Bitcoin's white paper as "Poetry." "I think the Bitcoin whitepaper is one of the most seminal works of computer science in the last 20 or 30 years," Dorsey said in Fridman's April 24 podcast episode. "It's poetry," he added. Dorsey has talked about Bitcoin before Ranked 11th on Cointelegraph's top 100 most influential people in crypto and blockchain, Dorsey, who is also CEO for payments company, Square, has often spoken positively of Bitcoin. "It was something that was born on the internet, that …

With less than three weeks until the halving, the subject has overtaken the coronavirus as a leading Bitcoin narrative on Twitter — and it’s once again starting to dominate media coverage. On April 23, crypto social sentiment analysis firm TheTIE published data to Twitter showing that discussion concerning the ‘halving’ ranked as the ninth-most discussed topic related to Bitcoin (BTC) on Twitter, with 650 tweets on the topic. Bitcoin discussions relating to gold, meanwhile, comprised 690 tweets. Crypto analyst Mati Greenspan told Cointelegraph: “The virus along with the current economic situation has completely drowned out all conversation about the halving …

YouTube has banned a number of crypto channels recently, often restoring them shortly after. Adam Charles, senior communications manager for DeFi solution, Kava, said he has been working to help these channels get back online. Charles stated that he works with multiple Telegram influencer groups to get these YouTube accounts back up. "We have developed a series of motions to cycle through when one's channel comes under fire," Charles told Cointelegraph. Charles added: "The first of which is to enter one of the Influencer telegram groups and ask if the takedowns are happening to anybody else. If it is, then …