Zebedee, a lightning company, has launched a new version of its ZBD app, which is a gaming-centric Bitcoin wallet.

Chase Chapman finds the social media landscape in Web3 to be chaotic and difficult to navigate, which may be a hindrance for users who are accustomed to established Web2 communities like Twitter and Instagram. On the other hand, Nir Kabessa, co-founder of Yup, a Web3 social network aggregator, sees the fragmentation as both exciting and unfortunate.

Predicts that Bitcoin will meet huge demand growth before halving. The news sparked heated discussions among social media users, with some expressing support and others questioning its authenticity.

Former SEC official John Reed has issued a warning to social media influencers who promote cryptocurrencies and manipulate their prices, stating that they will soon face anti-fraud rules. Reed criticized the brazen and arrogant behavior of many crypto promoters who manipulate their victims in plain view. The crypto industry is still largely unregulated, allowing influencers to engage in fraud and manipulate cryptocurrency prices for their own benefit. Reed cited the example of Ricky Bobby, who was charged by the SEC for manipulating exchange-traded stocks through social media platforms.

The U.S. surgeon general has issued a warning about the potential risks of social media use among children and adolescents, citing both positive and negative impacts. The advisory calls for urgent action to mitigate the potential harm, including higher standards for youth data privacy, enforced age minimums, and digital media literacy education. The surgeon general's advisory presents youth social media use as a public health crisis, calling for a multifaceted approach that includes policymakers and tech companies. Despite proposed interagency task forces, U.S. regulation addressing tech's impact on young users continues to lag behind.

London-based blockchain company nChain has announced a partnership with Planetary, a mobile app that combines social media with a metaverse platform. nChain is investing £2.5 million for 25% equity in Planetary, which has a post-money valuation of £10 million.

The creators of Lens Protocol have introduced a beta version of Bonsai, a blockchain scaling solution, as the blockchain-based social media project gears up to handle an increased volume of transactions for users of Lens-based decentralized apps.

Dubai Regulator Demands Binance Provide Info on Ownership; Binance Rejected Justin Sun’s Offer to Buy His Huobi Stake; OKX and Google Cloud Host Successful Hackathon for Decentralized Applications on OKT Chain

Meta, the parent company of Facebook and Instagram, plans to use its proprietary generative AI to create ads for companies by the end of this year. Currently a major revenue stream for Meta, the company wants to use artificial intelligence to design ads for brands that advertise on Meta's social platforms.

The Metaverse - a place where virtual reality and the physical world collide, creating a new digital universe that has the potential to change society as we know it.