This Blockchain Startup is Taking Aim at “Fake News”
The spreading of “fake news” has become a common occurrence and a real problem in today’s media. To combat this phenomenon, Polish blockchain startup Userfeeds plans to tokenize news discovery to incentivize users to rank high-quality news content in order to filter out fake news from real news. Warsaw-based Userfeeds is developing a new solution that....
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Google has begun a crackdown on “fake news” sites, removing hundreds of publishers from using its advertising platform. In a blog post from late January, Google’s Director of Project Management of Sustainable Ads, Scott Spencer, outlines the company’s guidelines for using ads from its AdSense platform. Spencer mentions several guidelines Google uses to screen for undesirable ads including frauds and scams, as well as “fake news”: “From November to December 2016, we reviewed 550 sites that were suspected of misrepresenting content to users, including impersonating news organizations. We....
Yuga Labs was said to be looking at raising around $50 million from the sale of 100,000 tokenized land plots, but the firm’s co-founder says it's all “fake news.” Yuga Labs co-founder Greg Solana (Garga.eth) has shot down rumors that the Bored Ape Yacht Club (BAYC) creators have plans to launch a new NFT collection dubbed “Mecha Apes” by the end of the year. The rumors started swirling after Protos claimed to have obtained leaked documents detailing that Yuga Labs was looking at raising around $50 million from the sale of 100,000 tokenized land plots. After the news was reported via....
Blockchain startup competitions are an integral part of the Bitcoin ecosystem, as these types of events will drive future technological innovation in this industry. Coming up with new and creative use cases for blockchain technology is a difficult task, but when groups of developers are put together to share their ideas, interesting concepts can become a reality. A new blockchain startup competition has been announced by d10e, taking place in Amsterdam on February 18, 2016. Unlike blockchain hackathons, where developers have to put together a project within a certain time limit, startup....
London blockchain startup Everledger is the joint winner of BBVA's European Open Talent competition. The startup, which uses blockchain technology to tackle diamond fraud and theft, will be awarded a €30,000 prize ($33,939) as well as an invitation to develop a project with the multinational bank. Rounding off the competition series, with previous finals taking place in New York and Mexico DF, Everledger competed against fellow bitcoin and blockchain companies Safello and Vaultoro. Everledger's win alongside Origin – a marketplace that connects issues and investors in the corporate bond....
Blockchain identity startup Cambridge Blockchain has raised more than $1.7m in new funding, public records show. According to a Form D published today by the US Securities and Exchange Commission, Cambridge Blockchain has raised $1,785,000 out of a total $2m, indicating that the startup's funding efforts are ongoing. Previous SEC filings show that the startup began raising funds in March 2016. The documents show that Cambridge Blockchain had raised $635k out of a planned fundraise of $1.5m as of that month, and in a filing from last October, the startup said it had raised $1.09m out of a....