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Crypto community reacts to mainstream media coverage of FTX’s implosion: criticism, misogyny and more

The crypto community on Twitter is heavily criticizing the mainstream media for its poor and biased coverage of the collapse of cryptocurrency exchange FTX. In a piece published on Nov. 18 by Forbes Magazine, the CEO of FTX’s affiliate company Alameda Research, Caroline Ellison, has been dubbed “Queen Caroline.”The magazine attempts

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Crypto Twitter unhappy with SBF ‘puff piece’ pushed by mainstream media

When the world realized the fraud Sam Bankman-Fried (SBF) committed to building his FTX empire, fellow entrepreneurs, investors and long-time believers unanimously acknowledged the damage caused to the credibility of the crypto ecosystem. On the other hand, mainstream media — that predominantly attacked crypto via negative speculations — has seemingly taken sides

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Twitter Reveals ‘NFT Tweet Tiles’ in Order to ‘Impact’ the Social Media Experience – Blockchain Bitcoin News

According to the social media company Twitter, the firm plans to launch a new feature called “NFT Tweet Tiles,” a segregated panel within a tweet that showcases non-fungible tokens (NFTs) and the marketplaces that list the specific NFT shared. The new NFT concept is expected to drop soon, in order

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Ripple’s $250M fund backs Web3 projects focused on ‘entertainment and media’

In September 2021, enterprise blockchain and crypto solutions company Ripple launched the Ripple Creator Fund, a $250 million initiative committed to providing creators with the financial, creative and technical support needed to create nonfungible tokens (NFTs) and other tokenization projects on the XRP Ledger.On Oct. 18, Ripple disclosed the second

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Mainstream media sentiment shifts in favor of Bitcoin amid fiat currency woes

Despite USD bringing an onslaught to stocks, commodities and its rival currencies, Bitcoin (BTC) holds steady at the $19,000 to $20,000 mark, leaving mainstream media no choice but to put BTC into the headlines. American daily newspaper The New York Times highlighted BTC’s 6.5% increase in the last seven days

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Elon Musk Was Mulling Creating a Blockchain-Based Social Media Firm Before Offering to Buy Twitter

Although Twitter founder Jack Dorsey appeared to be supportive of Musk's takeover offer, things quickly sour between Musk and Agrawal. Through April, Dorsey attempts to smooth things over, even saying he wants to make sure Agrawal does "everything possible to build towards" Musk's goals until the deal is closed. But

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Erdogan Suggests Turkish-Russian Payment System, Local Media Reports – Finance Bitcoin News

Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been working with them to facilitate payments by Russian tourists

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