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Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. A team behind the decentralized social messaging app Damus, which is backed by Twitter co-founder Jack Dorsey, said on Tuesday that Apple could remove the app from its App Store within 14 days. The move could stall one plan to ease the use of bitcoin and turn it into a more convenient transnational digital currency. In its tweet, Damus said that Apple is worried that zaps could be used by content creators to sell digital content on its platform. They don't sell ads, and don't collect and sell user data, which are the classic ways that social networks make money.
Persons: Jack Dorsey, Damus, Apple, zaps, Dorsey, Tim Cook, Elon Musk, Musk, Ron DeSantis Organizations: Indian Institute of Technology, Twitter, Apple, Lightning, Damus, CNBC, Elon Locations: New Delhi, India
The number of Twitter mobile app downloads actually declined 18% in February to 14.05 million from 17.2 million in January. Meanwhile, Twitter had 14.9 million app downloads in April, which is a 2% increase from the 14.6 million downloads it accumulated in March. Musk's Twitter makeover has sparked new interest in decentralized social networks. Elon Musk's Twitter is facing new competition from a rival called Bluesky, a so-called decentralized communications app that is backed by Twitter co-founder and twice-former CEO, Jack Dorsey. The front-end apps built atop these decentralized platforms are often clunky, not professional-looking or easy to use.
In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNTA man entering Signature Bank in New York City on March 12, 2023. ReutersA lot of crypto's problems in the last year originated in the stablecoin sector, beginning with TerraUSD's collapse last May. Now that it is clear that SVB depositors will be made whole, Carter tells CNBC that he expects USDC to trade at par. The Silvergate Exchange Network (SEN) and Signature's Signet were real-time payment platforms that crypto customers considered core offerings. Meanwhile, Circle has already publicly said that it is shifting is assets to BNY Mellon now that Signature bank is closing.
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