Social Media

Binance users are facing failed transactions and missing balances when using Kamino Finance through the Binance Wallet. While Binance blames Kamino’s system, some users believe the issue might lie within Binance’s own platform.

Trump Media plans to launch a digital token for use in Truth Social, starting with subscription payments and expanding to more services. This move follows partnerships and trademarks in digital finance, while Trump and his family continue to support crypto projects, including the TRUMP memecoin.

xAI is negotiating a $20 billion funding round, which could increase its valuation to $120 billion and solidify Musk's influence in the AI field. Despite challenges with debt from the acquisition of Twitter, investor interest remains high, and xAI is positioned for significant growth in both AI and social media sectors.

Kakao has launched an AI service that quickly turns webtoons into short video previews, cutting production time from three weeks to three hours. The cost of creating these videos has dropped by 97%, from 2 million won to just 60,000 won.

Meta is using AI in the US to detect teens who lie about their age and move them into safer Teen Accounts on Instagram, Facebook, and Messenger. The system adds stronger privacy settings and now asks parents to help confirm their child’s age.

A casual question on X about how politeness in AI interactions impacts electricity use revealed that OpenAI's politeness costs could run into tens of millions of dollars. Despite these costs, OpenAI remains focused on improving model efficiency and expects substantial revenue growth in the coming years.

Elon Musk reportedly asked crypto influencer Tiffany Fong to have his child, despite never meeting her, but she declined the offer. Afterward, Musk unfollowed her on X and cut her earnings from the platform, leading to controversy over privacy and ethics.

OpenAI is developing its own social media platform that integrates ChatGPT’s image generation with a social feed, aiming to compete with X and Meta. The project is still in early stages, with prototypes already being tested internally.

Nine Chinese nationals were sentenced for running a fake cryptocurrency scam that tricked over 66,000 people in India out of $6 million. They used fake platforms, social media personas, and money laundering through USDT to hide their crimes.

Guns N’ Roses guitarist Slash is saying farewell to X, after voicing his fustration following the rise in social media hacks on the social media platform.