Tech
Twitter’s global market share grows by 55% in 2022 while Facebook loses 12%
Twitter (NYSE: TWTR) and Facebook (NASDAQ: FB) rank as the pioneer social media platforms accounting for billions of users globally, with the two companies competing to be the ultimate leader in the space. However, in recent months, both platforms have recorded a fluctuation in the market share, with Twitter appearing to have the upper hand from a growth perspective amid ongoing internal administrative changes.
In particular, data compiled and calculated by Finbold on November 8 indicates that Twitter’s market share has surged by 55.86% in 2022. On the other hand, Facebook’s share plunged by 11.86% between January and November 2022. The market share value accounts for desktop and mobile devices worldwide.
A breakdown of the market share indicates that Facebook began the year at 76.85%, the platform’s highest share in 2022, while in November, the value stood at 67.73%. Elsewhere, in January, Twitter had a market share of 7.16%, while as of November, the figure stood at 11.16%.
Twitter hits new levels under Elon Musk
From the data, Facebook remains the dominant social media platform, but Twitter is winning the race to expand its market share. Twitter’s share has spiked in correlation with the company’s acquisition by Tesla (NASDAQ: TSLA) CEO Elon Musk, who has already begun implementing several changes at the company.
Interestingly, internal reports, also confirmed by Elon Musk, indicate that Twitter’s daily user growth attained an all-time high during the first full week of Musk’s tenure. The performance appears to quell initial fears that Twitter might experience a mass exodus of users with Musk’s takeover.
Based on the market share data across the year, it can be assumed that Musk has influenced the numbers; for instance, the share spiked around May when the deal was first announced but appeared to plunge after he initially backed out.
In general, the growing market share is a welcomed development considering that a recent report signaled challenging times for Twitter for losing its most active users. Notably, this factor was among the critical areas of focus for Musk after taking over. In this case, the Tesla boss has proposed changes to the Twitter Blue subscription feature. Under the changes, Twitter has rolled out an option to purchase “verified” blue badge for $7.99 a month to incentivize people to interact more.
However, Musk’s initial involvement with Twitter has come with objections from some quarters and will test the company’s ability to sustain its market share. For instance, employees had objected to the deal even as Musk initiated layoffs in his first week. At the same time, Musk’s stand on free speech on the platform has been questioned, a factor likely to affect both users and advertisers.
Impact of Twitter design changes
Besides the Musk factor and promises to make a change, Twitter’s growth can also be attributed to elements like changing the design. Although the company received criticisms for changing its appearance, the move to have the horizontal navigation menu shift from the top of the screen to the left-hand panel has appeared successful.
Interestingly, Twitter has previously been scrutinized for attempting to emulate Facebook, especially with the rollout of its stories-like Fleets. However, Twitter resorted to shutting down the feature due to a lack of user interest.
At the same time, Twitter’s content diversity appears to appeal to most users. Notably, the platform supports cryptocurrencies alongside enabling “not safe for work” (NSFW) such as nudity and pornography.
Facebook’s dwindling market share
At the same time, Facebook’s market share has been affected by the growing competition with newer social media platforms like TikTok. In this line, the company is losing both users and advertising revenue to rivals like TikTok.
Market experts have also accused Facebook of attempting to push users from the platform. Notably, the platform is enticing users from the traditional news feed to reels, a factor that can also hurt its revenues.
Overall, Facebook has struggled with users over the years, with experts pointing to factors like information overload, privacy concerns, addiction, peer pressure, and the emergence of new platforms. Facebook’s dominant focus on promoting the metaverse has yet to yield results despite the aggressive push by CEO Mark Zuckerberg.
Finally, Facebook and Twitter’s ability to sustain and grow their market share will depend heavily on how the platforms intend to attract new users amid the rising competition. For example, the competing platforms offer similar features to Facebook, giving users alternatives.
Twitter has managed to stand out, considering that there is no solid option for the Musk-led company. Notably, Twitter has dominated as a uniquely influential site that is fast-moving, text-heavy, conversational, and news-oriented.
The post Twitter’s global market share grows by 55% in 2022 while Facebook loses 12% appeared first on Finbold.
Tech
ElizaOS Exposed: Researchers Discover How to Manipulate Its Memory and Alter Its Operations

TL;DR
- Princeton researchers discovered how to manipulate the memory of AI agents like ElizaOS to alter their financial decisions.
- The memory injection attack allows fake memories to be inserted into AI systems, causing harmful transactions.
- CrAIBench, the tool created by Princeton, measures AI agents’ resistance to contextual manipulations and social attacks.
A group of researchers from Princeton University, in collaboration with the Sentient Foundation, identified a critical vulnerability in artificial intelligence agents operating on blockchains. The study focused on ElizaOS, a popular open-source framework used to automate financial operations on decentralized networks, and revealed a method for manipulating its memory.
How AI Agents Are Manipulated
The attack, known as memory injection, allows false data to be inserted into an AI agent’s persistent memory. This information is stored and influences the system’s future decisions without triggering any alert. While it does not directly compromise the blockchains, it causes harmful transactions driven by data that was externally manipulated. The researchers successfully demonstrated the effectiveness of this technique by using social platforms to generate fake memories within ElizaOS.
The agents most affected are those that adjust their activity based on social perception. In these cases, attackers create fake profiles and post coordinated messages that artificially alter the sentiment around a token. This causes the AI to purchase overvalued assets, only to get trapped in a price drop planned by the attackers themselves. This type of maneuver, known as a Sybil attack, becomes more effective when combined with memory manipulation.
ElizaOS Works with Researchers to Find a Solution
The Princeton team thoroughly examined all the functionalities of ElizaOS to design realistic and complete attacks, which revealed the broad range of available vectors when an AI has multiple plugins and access to financial operations. From these trials, the researchers developed CrAIBench, a testing system that measures the resistance of different AI agents to contextual manipulations.
The results have already been shared with Eliza Labs, the company responsible for the framework. Discussions about possible solutions are ongoing. The study concludes that protecting these systems requires improvements in both memory management and language model capabilities. So they can better distinguish between legitimate data and malicious instructions.
The post ElizaOS Exposed: Researchers Discover How to Manipulate Its Memory and Alter Its Operations appeared first on The Cryptocurrency Post.
Tech
Singularity Finance and Crymbo Revolutionize Compliance in Tokenized AI Economies

TL;DR
- Singularity Finance and Crymbo join forces to ensure regulatory compliance for tokenized assets through an innovative decentralized oracle solution.
- The system ensures absolute privacy by encrypting all user-shared data and eliminates cumbersome manual processes for compliance validation.
- This groundbreaking partnership accelerates the adoption of tokenized real-world assets (RWAs) by financial institutions, boosting liquidity and accessibility in the AI-driven economy.
The AI-powered tokenization network Singularity Finance has achieved a major milestone in simplifying compliance for real-world assets by partnering with Crymbo. This collaboration aims to guarantee that tokenized transactions meet global financial regulations using Crymbo’s pioneering compliance data unification layer.
Singularity Finance, a product of the merger between SingularityDAO, Cogito Finance, and SelfKey, has developed a Layer-2 network for tokenizing vital assets within the AI economy, such as graphics processing units (GPUs) and data. This infrastructure is designed to make the AI economy more accessible and liquid, allowing broader participation and investment. However, regulatory compliance continues to pose challenges for organizations eager to enter this space.
Innovative Real-Time Compliance Technology
Crymbo introduces a transformative solution: a decentralized oracle that provides real-time compliance validation while preserving user privacy. All exchanged information is fully encrypted, ensuring that even Crymbo cannot access the data. This innovative system eliminates the need for outdated manual processes, such as the repeated exchange of compliance data via multiple technological platforms, by automating the entire procedure within a secure and efficient ecosystem.
By integrating this technology, financial institutions can now easily demonstrate adherence to regulations, significantly increasing the appeal and feasibility of tokenized assets. The solution is scalable, adaptable, and ready to evolve with changing regulatory requirements, ensuring businesses remain ahead of compliance standards.
“With Crymbo’s oracle, compliance becomes seamless and more efficient, adapting effortlessly to ever-changing regulations”,
commented a spokesperson for Singularity Finance.
This partnership marks a critical leap forward in driving the adoption of tokenized real-world assets. By overcoming compliance hurdles, Singularity Finance and Crymbo are not only enhancing efficiency but also fostering greater security, transparency, and trust within the tokenized AI economy. This breakthrough is expected to unlock new opportunities for institutions and investors alike.
The post Singularity Finance and Crymbo Revolutionize Compliance in Tokenized AI Economies appeared first on The Cryptocurrency Post.
Tech
SniperX Revolutionizes Memecoin Trading with Direct Integration on X

TL;DR
- SniperX enables trading memecoins directly from the X timeline, eliminating the need for external platforms.
- It offers real-time analysis with one-second candlestick charts, live trading volumes, and instant price updates.
- It combines social trends with market tools and a referral system to enhance user experience.
SniperX, an innovative memecoin trading bot, has recently been launched for X users. This new tool aims to revolutionize how traders interact with the market, enabling transactions directly from the social feed without leaving the platform. With the launch of SniperX, users can buy memecoins more quickly and easily, using just the token’s ticker symbol or contract address (CA).
The main advantage of SniperX is its seamless integration with the X user experience. Now, users can trade while browsing their timelines without needing to access external trading platforms. This approach simplifies the process, removing intermediate steps and making memecoin trading more accessible to anyone familiar with social media.
Introducing SniperX
The first memecoin trading bot for X
It’s time to change the game forever
pic.twitter.com/hHbxvCgxbV
— Sol Sniper
(@solsniperxyz) November 28, 2024
One of SniperX’s most important features is its ability to provide advanced real-time analysis tools. Users can access candlestick charts with one-second intervals, live trading volumes, and up-to-date price data. This valuable information allows traders to make quick and accurate decisions, staying ahead of market movements and maximizing investment opportunities.
SniperX: The Attention Economy
What truly sets SniperX apart from other trading platforms is its ability to merge social trends with traditional market analysis tools. Users can identify which tokens influencers are promoting and which topics are generating the most buzz on the network. Influencer rankings show who is driving conversations, providing a unique advantage in spotting future memecoin stars.
Additionally, SniperX incorporates a referral reward system, allowing users to earn a commission every time their friends make trades using the bot. This additional monetization strategy serves as a strong incentive to encourage the adoption of the tool.
The bot not only offers a faster and more efficient way to operate in the memecoin market but also integrates the power of social media and the trends of the “attention economy,” creating a new approach to market trading
The post SniperX Revolutionizes Memecoin Trading with Direct Integration on X appeared first on The Cryptocurrency Post.
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