Bitcoin (BTC) took more than just a beating in the markets. The orange coin got the cold shoulder as Turkish President Recep Tayyip Erdoğan welcomed his Salvadoran peer Nayib Bukele in the capital of Turkey to talk about a number of topics. While Bitcoin failed to be a talking point, it did not stop the Twitter rumor mill from going into overdrive. As part of the state visit, Bukele and Erdoğan kicked off with an official ceremony. Shortly afterward, they inaugurated the new Salvadoran embassy before agreeing on six deals covering the economy, trade, defense, diplomacy and education. The trade …

On Thursday afternoon, Twitter announced that it would be rolling out iOS support for nonfungible token, or NFT, hexagonal avatars. As of now, only paid subscribers of Twitter Blue using iOS, which costs $2.99 per month, can access the feature. According to a tutorial video, users can connect their wallet, including Coinbase Wallet, Rainbow, MetaMask, Trust Wallet, Argent, or Ledger Live, and set it as their profile pic, with the process taking a few seconds. Users can also learn more about each other's NFT avatars, such as their owners, creators, description of the series, as well as verification of authenticity …

Crypto Twitter is a powerful place. Not only does the online discussion follow the ups and downs of digital assets, but it can also shape price action. Oftentimes, a spike in Twitter attention can anticipate a dramatic increase in an asset’s price. Yet, in other cases, the order can be reversed, or there may be no relationship between price and Twitter chatter at all. To harness the power of Twitter and use it as a tool for profit generation, crypto traders need two things: The first is the ability to quickly spot spikes in social attention around specific assets, while …

The story of the IreneDAO NFT craze started in October when 28-year-old Chinese crypto influencer and model Yuqing Irene Zhao came up with the idea for “So-Col” with her business partner, Benjamin Tang. So-Col is short for “Social Collectables,” Irene explained to Cointelegraph, and the platform aims to help content creators monetize their content and build communities with their fans. Branded as the “decentralized version of OnlyFans, Discord, Twitch, and Patreon,” the platform allows content creators and influencers to convert their social media content into non-fungible collectible items (NFTs.) It is powered by StarkWare’s layer-two solution StarkEx and leverages the …

A bit Twitter drama ensued on Thursday, continuing well into Friday afternoon, when developers behind popular meme token Shiba Inu (SHIB) issued a statement alleging that CoinMarketCap had listed three fake SHIB contract addresses belonging to the Binance Smart Chain (BNB), Solana (SOL), and Terra Luna (LUNA) blockchains. The staff at Shiba Inu claimed that the addresses were unsafe, and that CoinMarketCap had refused to correct the alleged mistake. At the time of publication, the contract addresses are still viewable on CoinMarketCap. Official Statement regarding the recent actions by @CoinMarketCap . pic.twitter.com/DXP2wZRhYC — Shib (@Shibtoken) January 13, 2022 Earlier in …

Former Twitter CEO and founder Jack Dorsey has announced plans to create a “Bitcoin Legal Defense Fund” with Chaincode Labs co-founder Alex Morcos and Martin White, who appears to be an academic at the University of Sussex. The announcement was sent on a mailing list for Bitcoin developers, bitcoin-dev, at 00:13:45 UTC on Jan. 12 from an email address appearing to belong to Dorsey. Cointelegraph reached out to the board members to confirm the email’s legitimacy but did not immediately receive a response. The announcement stated the fund will help provide a legal defense for Bitcoin developers, who are “currently …

As the Bitcoin (BTC) price slides to 2022 lows, the Bitcoin bears have come out to play. Popular names in the BTC space including Sam Bankman-Fried and John Carvalho heeded words of caution overnight, while gold bug Peter Schiff and eternal pessimist CryptoWhale were keen to kick the coin while it was down. A liquidation cascade on Jan. 6 took out more than $318 million BTC positions of which over 88% were long. The price corrected to circa $42,500 per BTC. News of a mining ban in Kazakhstan and the Federal Reserve’s decision to hike rates were likely causes for …

Tuesdays can be boring, but an ongoing Twitter drama is captivating the attention of many blockchain enthusiasts. Ask The Doctor, a Canadian medical questions and answers website, announced that it would be suing Shytoshi Kusama, volunteer project lead of meme token Shiba Inu (SHIB), for alleged libel and will attempt to uncover his personal identity in court. Kusama immediately fired back, alleging that "it is illegal [for Ask The Doctor] to take people's money for a service it never provides." Tell your legal team that it is illegal to buy a verified account to use it to scam other people. …

Although the traditional payment system is effective in many ways, no solution ever arose to address cross-border transactions, transparency and fees lost to intermediaries, giving the world a digital currency to rally behind. Unfortunately, for the average investor to take advantage of these benefits, the process was often cumbersome, met with the complexity of navigating multiple platforms. In some cases, this may include a separate wallet and numerous trading platforms, depending on the currencies or projects a user is interested in holding, each of which may be met with their own sign-up and account creation processes. These concerns are in …

Social media has overtaken the world as a place to share details about our personal lives, connect with distant friends and build entire communities about our interests and passions. While Facebook led the charge, YouTube followed shortly after as a medium to distribute video blogs, how-tos and other entertaining media. Unfortunately, what many fail to realize is the vast potential of money-making opportunities that exist on social media. When used correctly, social media can be lucrative, even providing some with a stable income. The difference is recognizing social media as more than a platform for connecting with people. Rather, it …

The official Twitter account of Indian Prime Minister Narendra Modi got compromised earlier today, which was then used to share misleading information about the mainstream adoption of Bitcoin (BTC) and redistribution of 500 BTC among the Indian citizens. On Dec. 10, Modi said in a virtual event virtual summit hosted by US President Joe Biden that technologies such as cryptocurrencies should be used to empower democracy and not undermine it: “By working together, democracies can meet the aspirations of our citizens and celebrate the democratic spirit of humanity.” While the long-awaited Lok Sabha Winter Session, a parliamentary meetup intended to …

Developer Samuel Dobson announced via a series of tweets on Thursday night that he is stepping down as a Bitcoin Core maintainer after 3 years. His reason being that he “can no longer dedicate the time required, as I approach the end of my PhD.” I am officially stepping down as a maintainer of Bitcoin Core. Serving as the wallet maintainer for the past three years has been an absolute privilege, and I want to thank my incredibly generous sponsor John Pfeffer (@jlppfeffer) for his support throughout. /1 — Samuel Dobson (@meshcollider) December 9, 2021 As a Bitcoin Core wallet …