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BOME: The Meme Token Market's Newest Sensation
The launch of BOOK OF MEME (BOME) by artist Darkfarms has set social media ablaze, marking an unprecedented surge in its value. Within a mere three hours post-launch, the token's price catapulted by twenty times, with its market capitalization breaching the $80 million mark. Let’s discover the ethos and origins of this project. The Crypto Infoverse: Crafting Your Personal Info Processing Hub
Echoing Rothschild's 19th-century wisdom, "Who owns information, owns the world," the adage rings true today, especially in the fast-paced realm of cryptocurrency. But it's not just about owning information; it's about cutting through the noise to uncover truly valuable content.
The Indian government has raised an alarm over the proliferation of AI-generated fake content on social media and other digital platforms, particularly concerning its impact on the country's massive online user base of over 600 million people. Officials are wary of the unpredictable public response to such misinformation. 2023 in Review: The Year's Most Impactful Crypto Events
2023 was a year of mixed fortunes for cryptocurrencies, marked by a blend of both positive and negative developments. Social media and messaging platforms were abuzz with a constant stream of crypto news. Let's revisit the most impactful events of the year that could have lasting effects and potentially reshape the crypto landscape.
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? X-ing Fingers: Musk Set to Revolutionize the Social Media World
The newly christened X, previously known as Twitter, has seen an impressive surge in users. This milestone marks the first triumph of a radical rebranding strategy where the platform's owner, Elon Musk, is converting the tweeting bird into an ambitious all-in-one app. The Reddit Phenomenon: From a Niche Forum to the IPO
Reddit has announced plans for an Initial Public Offering (IPO), positioning the platform to become the third publicly traded social media company following Facebook (2012) and Twitter (2013). This marks a significant milestone in the evolution of a project that began as a small college online forum.
Social media platform X has temporarily suspended searches for Taylor Swift. This measure comes in response to the proliferation of pornographic images of the singer, created using artificial intelligence. Entertainment industry unions have called for legislative measures to prohibit the production and distribution of such content.
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. 



