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A look back at social media growth of crypto trends

January 27, 2022, 5:59PM EST • 6 min read Quick Take The Block Research reviews social media metrics for the three biggest hype cycles of 2021 We researched Twitter, Reddit, and Wikipedia to assess the degree of engagement around major Layer-1 blockchains, NFTs, and meme coins Join The Block Research for exclusive research like this Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with …

Elon Musk dunks on Twitter’s integration with NFTs

Tesla CEO Elon Musk is not a fan of Twitter’s new non-fungible token (NFT) integration. In a tweet posted on Friday morning, Musk slammed Twitter for spending engineering resources on integrating NFTs while not doing enough to curb spam activity on the social media site. “This is annoying,” he wrote. “Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread!?“ Twitter recently began rolling out access to NFT profile pictures …

Tesla appears to be testing a payment option for Dogecoin

Electric carmaker Tesla is testing a previously teased Dogecoin (DOGE) payment option, according to its website’s source code. The DOGE payment option was added for testing around three days ago, a software engineer who goes by “Tree of Alpha” on Twitter told The Block. The engineer analyzed Tesla’s source code in the backend and said that the company is “definitely” testing that option. “Most of the code is already present in the latest Javascript files Tesla uses for processing payments, …

Elon Musk: Tesla will start selling merchandise for Dogecoin

Car manufacturer Tesla will be offering merchandise for sale with dogecoin (DOGE) according to Tesla CEO Elon Musk. “Tesla will make some merch buyable with Doge & see how it goes,” tweeted Musk today. Musk has been a longtime fan of dogecoin. He has invested in it, bought it for his toddler and has even discussed with its developers about making it handle a higher throughput. When he was named Time Magazine’s man of the year, he said, “Fundamentally, bitcoin …