Yearn Finance Founder Blames Social Actors for Role in the EMN Token Hack

Yearn Finance founder Andre Cronje suggests he did not mishandle the Eminence (EMN) project’s economic exploit, which he insists functions well. He accuses certain social actors of creating a story around EMN that caused rational actors to jump onto the token. Cronje’s comments follow reports that a group of defi community members planning to sue the smart contract builder whom they say is culpable in the $15 million EMN token hack. Cronje Says He Is Not Infallible In a post on Medium, Cronje who has vowed not to use his…

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How Blockchain Social Media Will Topple Zuckerberg – Cointelegraph Magazine

Big tech isn’t just big anymore. It’s grown into a ravenous Cthulhu-esque beast with its tentacles wrapped around almost every data point in our lives. But in the light of a House Judiciary report determining that “Facebook’s monopoly power is firmly entrenched and unlikely to be eroded by competitive pressure from new entrants or existing firms,” can blockchain-based social media topple these social media powerhouses, given the unchecked power these giants wield over corporations and individuals? Even beginning to challenge the omnipotence of Facebook, Apple, and Google seems a daunting,…

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Bitcoin FUD and negative social sentiment typically precede a bounce

On-chain analytics provider Santiment asserts that Bitcoin and crypto assets tend to bounce when social sentiment indicates there is a lot of fear, uncertainty and doubt, which suggests that now is a buying opportunity. According to its Bitcoin weighted social sentiment against price chart, this is exactly what is currently going on. Since its weekend lows, Bitcoin prices have recovered around 2.4% to current levels. https://t.co/bFKcBHUDY4 1) Prices of $BTC and other #crypto assets tend to bounce most precipitously when the crowd is demonstrating a high level of FUD. This…

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Blockchain to Play Crucial Role in VR-Powered Social Media

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…

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Sergei Polunin Embraces the Future of Dance by Collaborating With Sensorium Galaxy in 3D Social Virtual Reality

24 April 2020, Los Angeles: Sensorium Galaxy, the leading global virtual reality media platform has struck up a partnership with the Sergei Polunin Charity Foundation for the galaxy’s new Planet of Motion. The Sergei Polunin Charity Foundation for the Support and Development of Arts is headed by the world-renowned ballet dancer Sergei Polunin and his unique and world-beating talents are being virtually incorporated, for users to emulate, in the landmark 3D social virtual reality world that is the Sensorium Galaxy. The Planet of Motion is one of five planets orbiting…

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Ethereum-Based Social Video Network Integrates Zoom for Live Streaming

The Ethereum-based social media app, Pepo, has integrated with video conferencing platform, Zoom, to facilitate live streaming. Pepo Live Events is currently exclusively available in beta on the platform’s website and has not given an estimate for when it plans to enable mobile functionality. Pepo integrates Zoom for live streaming Only Pepo community admins are able to stream live, however, anyone can participate in the live events. All events streamed on the platform are recorded, and are limited to a time limit of three hours. Pepo’s decision to integrate Zoom…

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Blockchain-Based Social Network Overhauls Platform, Partners With Matic

Ethereum-based social network Sapien has unveiled updates to its platform, as well as a partnership with the initial exchange offering project, Matic Network.  “After several months of development, we’re launching the next release of our platform, called Alpha Persei,” Sapien Network co-founder and CEOAnkit Bhatia told Cointelegraph in an interview. “This is a revamped platform across the board,” he said, highlighting new aspects such as Portis wallet integration and rewards engine reconstruction. Sapien also secured placement on KyberWidget, allowing trading between Sapien (SPN) tokens and Ether (ETH), according to a…

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