News with the tag "DESO"

Federal securities regulators are suing the founder of the social media project BitClout, now known as Decentralized Social (DeSo). In its complaint, the U.S. Securities and Exchange Commission (SEC) alleges that since November 2020, Nader Al-Naji raised more than $257 million from unregistered offe...

The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $257 million through unregistered sales of Bitclout tokens (BTCLT) and used the fun...

The Securities and Exchange Commission (SEC) has charged Nader Al-Naji with $257 million fraud in connection with BitClout and BTCLT tokens. The complaint revealed that Al-Naji had been telling investors lies all along. In a statement on Tuesday, the SEC disclosed that Al-Naji raised more than $257 ...

BNB Chain has introduced a new rollup-as-a-service (RaaS) solution to facilitate the development and deployment of layer-2 networks in its ecosystem.

The exploiter of the Web3 social media platform agreed to keep a 10% bounty in exchange for returning the remainder of the stolen funds.

Buyers, sellers, inflows and transactions have all taken significant dives on the Friend.tech platform after its launch just over two weeks ago, prompting some critics to herald its death.

Buyers, sellers, inflows and transactions have all taken significant dives on the Friend.tech platform after its launch just over two weeks ago, prompting some critics to herald its death.

Decentralized social network Friend.tech may have been booming, but execs argue decentralized social media apps still have an onboarding and retention issue to fix.

Decentralized social network Friend.tech may be booming right now, but execs say decentralized social media apps still have an onboarding and retention issue to fix.

Developers pointed out the "monopolization of content and data" in centralized social media platforms as a need to create a decentralized alternative.