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The decentralized social media app friend.tech has been making it to the headlines yet again after recently being pronounced dead by community members. Earlier this week, the value locked on the protocol surpassed $20 million. However, at press time, the number was hovering around its newly created peak of $32.64 million. Source: DeFilLlama Also Read: NFTs: Stoner Cats Price Up 267% Despite SEC Cha rges Will friend.tech Be Able to Compete With X? As analyzed in a recent article, the trading volume on Fried.tech was seen picking up pace. In fact, the NFT trade volume on the Ethereum blockchain was $3 million less when compared to the friend.tech volume. The Director of Research at PROOF Collective recently pointed out that the decentralized social media platform has paid creators $1,100,000 in a span of merely 36 hours. This figure was substantially higher than the amount handed out by Ethereum NFT platforms to their creators [140,000]. On the thread, the e X ecutive went on to a...

Elon Musk has stated that X, formerly known as Twitter, is set to remove the ability to block accounts. Indeed, the owner of the social media platform stated in a recent reply that the feature would soon be absent from the platform. Subsequently, stating that its presence “makes no sense.” Musk is currently visiting Japan for the first time in over nine years, amid the ongoing transition process for the platform. Specifically, it has seen robust changes in its branding, shifting away from Twitter to become X. Now, bringing one notable change to its functionalities and offerings. Block is going to be deleted as a “feature”, except for DMs — Elon Musk (@elonmusk) August 18, 2023 Also Read: US Judge Says Elon Musk Withheld Donald Trump’s Twitter Data Elon Musk Says X Will Get Rid of Blocking Feature The past few months have been immensely interesting for one of the world’s richest individuals. As he has teased a sanctioned...