ChainCatcher news, according to Jin10, Meta stated that it will reduce the monthly subscription price for its services in the EU from €9.99 for desktop users to €5.99, and from €12.99 to €7.99 for iOS and Android users.

ChainCatcher message, Doge meme prototype Shiba Inu Kabosu's owner @kabosumama posted on social media that she can no longer log into her Instagram account.The hacked account is posting false content and private messages, please be aware of the related risks.

According to ChainCatcher's message and monitoring by Lookonchain, a hacker breached McDonald's Instagram account yesterday and promoted the GRIMACE token. The hacker used 24 internal wallets to purchase 705 million GRIMACE tokens for only 65 SOL, and ultimately sold them for 5202 SOL, making a profit of 5136 SOL, approximately 738,000 USD, with a return of up to 79 times.

ChainCatcher news, on-chain detective ZachXBT posted on Telegram that the official McDonald's Instagram account appears to have been hacked to promote the meme coin GRIMACE.It is reported that the market value of the token rose to $25 million within thirty minutes before dropping by 80%.

ChainCatcher news, Paradigm has hired David Swain as its CMO. Swain previously served as the global communications head at Instagram and the senior director of technical communications at Facebook, and he was also the global partnerships vice president at Strava, a social fitness app and community with over 120 million members.Swain's appointment comes shortly after Paradigm raised $850 million for its third fund in June.

ChainCatcher news, according to The Block, on Monday, football superstar Messi's Instagram account posted a limited-time story that seems to promote the meme coin WATER on the Solana chain.It is reported that Messi's Instagram account has 504 million followers, second only to Cristiano Ronaldo. The Instagram account related to WATER also shared this story, showcasing a photo of Messi with the WATER logo appearing near his shoulder. According to data from CoinGecko, shortly after Messi's Instagram post, WATER surged over 55% in the short term, before the gains receded. According to the WATER website, it is a meme coin with no intrinsic value and does not expect to generate financial returns.

ChainCatcher news, Canadian famous rapper Drake promotes Bitcoin on his Instagram page, which has over 146 million followers.Drake posted a video about Michael Saylor, (it is understood that Michael Saylor is the Executive Chairman and co-founder of MicroStrategy), in which Saylor expressed the importance of Bitcoin for every investor.

ChainCatcher news, ETF Store President Nate Geraci stated on X that Facebook and Instagram may soon allow spot Bitcoin ETF advertisements.

ChainCatcher news, Coinbase announced that in addition to social media platforms like Facebook, Snapchat, TikTok, and Instagram, customers can also use their wallets to send links for transfers through messaging apps such as WhatsApp, iMessage, and Telegram, provided that both the sender and receiver of the funds need to download the Coinbase wallet.The company stated that if a person receives a link but does not have a Coinbase digital wallet, they will be guided to download it from the Apple or Android app store. If the funds are sent but not claimed within two weeks, the amount will be automatically refunded to the sender.

ChainCatcher news, according to a report by Reuters, Meta Platforms' Instagram, Alphabet's YouTube, as well as TikTok and Twitter may face regulatory action due to cryptocurrency advertising. The European Consumer Organization BEUC has complained that the proliferation of misleading advertisements for crypto assets on social media platforms constitutes an unfair commercial practice, as it exposes consumers to serious harm, such as losing large amounts of money. These social networks are taking measures to prevent influencers from misleading consumers and will inform the European Commission about the effectiveness of these measures.Previous news, the UK's Financial Conduct Authority (FCA) plans to classify cryptocurrencies as high-risk investments. Advertisers of cryptocurrency services will face stricter regulations starting October 8, and crypto companies must introduce a "cooling-off period" for first-time investors after October 8, as well as eliminate "refer-a-friend" reward programs to ensure that cryptocurrency investors are fully aware of the risks. (Source link)

According to ChainCatcher news, the Financial Times reports that Meta plans to cut more than 10% of its UK workforce and abandon its Instagram hub in London. An internal document sent to employees on Wednesday shows that at least 687 positions will be eliminated, primarily in London, while more employees among the approximately 5,000 staff in the UK face the risk of layoffs.The most affected team is Instagram in London, where 250 jobs will be cut, and the remaining employees will have the opportunity to relocate to New York. Layoffs will also impact about 55 positions in WhatsApp and Facebook, as well as nearly 60 positions in Reality Labs and the artificial intelligence team. (source link)

ChainCatcher news, the NFT project Azuki announced on social media that it has regained control of its official Instagram account and is working with Meta to investigate the incident.Previous report, the official Azuki Instagram account was hacked, and they are currently in contact with Meta to regain control of the account. (Source link)

ChainCatcher news, the NFT project Azuki posted on social media that the official Azuki Instagram account has been hacked and is currently in contact with Meta to regain control of the account. (source link)

ChainCatcher news, a Meta spokesperson confirmed that former U.S. President Donald Trump's Facebook and Instagram accounts have officially been restored on February 9 local time, allowing him to post content on the aforementioned social platforms.Meta had previously stated that Trump would need a few weeks to access his accounts, with the delay intended to give the company time to implement monitoring measures on Trump's accounts. If he violates company policies, it could lead to his accounts being suspended again. Trump's Twitter account was reinstated in November 2022. (source link)

ChainCatcher news, according to official sources, Instagram and Facebook have integrated with the Solana blockchain to allow users to showcase their NFT collections. (Source link)

ChainCatcher message, Instagram officially announced the launch of a new feature that supports the display of NFT information on Polygon. This feature is powered by Arweave, and RSS3 has announced that it has begun related adaptation work for Arweave, the supporter of this feature. Once the adaptation is complete, NFT information will be able to be displayed across social platforms.

ChainCatcher news, according to the official Twitter, the blockchain storage protocol Arweave has now been integrated into Meta, which is using Arweave to store digital collectibles for Instagram creators. Earlier today, Instagram announced that it will support creators to mint and sell NFTs directly within its app. (Source link)

Chain Catcher news, Meta expands the scope of digital collectibles, announcing that starting today, every user on its U.S. Facebook and Instagram can connect their wallets and share digital collectibles. This includes users being able to cross-post their held digital collectibles on Facebook and Instagram. Additionally, users in 100 countries/regions where digital collectibles are offered on Instagram can now use this feature.It is reported that Instagram began testing NFT features in May, and Facebook rolled out NFT features to some U.S. creators in July. (Source link)