News Explorer — Friend.tech Founders Say Viral Crypto App Is Surprising Them Too: ‘We Want to Catch Our Breath’

Friend.tech Founders Say Viral Crypto App Is Surprising Them Too: ‘We Want to Catch Our Breath’

Friend.tech, the decentralized social media platform built on Coinbases Base scaling network for Ethereum, has generated $2.88 million in protocol fees in just two weeks. The platform has seen over 115,000 unique users and is currently focused on scaling its infrastructure and fixing bugs before addressing larger issues such as legal concerns and sustaining growth.

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Aug 21, 4:35 pm

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Friend.tech Founders Say Viral Crypto App Is Surprising Them Too: ‘We Want to Catch Our Breath’

Friend.tech, the decentralized social media platform built on Coinbases Base scaling network for Ethereum, has generated… Read Summary

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Aug 21, 4:12 pm

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Friend.tech Is Crypto’s Latest Obsession—But Critics Say It Won’t End Well

Friend.tech, a decentralized social media app, has gained significant popularity in just ten days after its launch. It h… Read Summary

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Aug 21, 2:19 pm

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Coinbase Buys Stake in Circle, Dissolving USDC Issuer Centre

Centre Consortium, the issuer of the second-largest stablecoin USDC, has been dissolved as Coinbase acquires a minority… Read Summary

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Aug 21, 1:47 pm

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‘Disappointing’ ETF Decisions By SEC Blamed for Bitcoin Selloff

The lack of decision-making by the SEC regarding a Bitcoin ETF has disappointed institutions, leading to a significant s… Read Summary

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Aug 21, 1:47 pm

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‘Disappointing’ ETF Decisions By SEC Blamed for Bitcoin Outflows

The lack of decision-making by the SEC regarding a Bitcoin ETF has disappointed institutions, leading to a significant s… Read Summary

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Aug 21, 12:52 pm

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Crypto Fund Misled Clients With Promises of 2,700% Returns, SEC Claims

Titan Global Capital Management has agreed to pay over $1 million in fines to the SEC for misleading investors about its… Read Summary

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Aug 21, 9:57 am

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Kenyan Government Launches Committee to Examine Worldcoin

The Kenyan government has formed a parliamentary committee to investigate Worldcoin, following the suspension of its ope… Read Summary

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Aug 21, 6:49 am

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The FBI Has Confiscated $1.7 Million Worth of Cryptocurrency

The Federal Bureau of Investigation (FBI) has seized nearly $1.7 million worth of cryptocurrency between March and July… Read Summary

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Aug 21, 7:05 am

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Terra Warns Users About Hacked Website Enlisted in Phishing Attacks

Terra has issued a warning to its users to avoid interacting with sites using the terradotmoney domain, as it was hacked… Read Summary

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Aug 21, 6:09 am

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China Is Taking Its Social Credit System to the Metaverse: Report

China Mobile, a state-owned telecom firm, has proposed creating a Digital Identity System to bring its controversial soc… Read Summary

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Aug 21, 5:41 am

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Friend.tech User Details Leaked, Including Ethereum Addresses and Twitter Usernames

A leaked database containing critical user details from the friend.tech platform has been published on GitHub by Banteg,… Read Summary

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Aug 21, 2:59 am

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Another Lucky Solo Miner Nabs $160,000 Bitcoin Block Reward

A Bitcoin miner using the Solo CKpool mining service has successfully solved block 803,821 and earned the full 6.25 Bitc… Read Summary

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Aug 21, 2:22 am

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Pepe, Shiba Inu Face Hefty Weekly Losses Dropping More Than 20%

Meme coins Pepe (PEPE) and Shiba Inu (SHIB) have experienced significant losses in value over the past week. PEPE has dr… Read Summary

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Aug 21, 2:07 am

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Crypto App Friend.tech Lures Waves of Users and Rakes in the Revenue

The Friend.tech app, built on the Coinbase-incubated Ethereum layer2 Base, has experienced a surge in activity since its… Read Summary

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