trust

“Match Group Welcomes Yoel Roth, Former Twitter Trust & Safety Leader”

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Twitter’s former head of trust and safety Yoel Roth announced today that he is joining Match Group, the parent company of several popular dating apps, including Tinder and Hinge. Yoel, who shared the move on LinkedIn, is now the company’s Vice President of Trust and Safety. I swiped right on Match Group,” Roth said in his announcement post. Roth is now taking his trust and safety expertise to Match’s family of dating apps, which includes Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish, OurTime, and more. Although dating apps have built-in features to keep users safe, there is still a lot of toxic behavior on these apps, and not everyone trusts them.

Boosting Web3 Trust: Karma3 Labs Secures $4.5M for Ratings and Recommendations Enhancement

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But Karma3 Labs is hoping to change that with $4.5 million in fresh capital backing its decentralized reputation protocol OpenRank. This is the protocol’s first capital raise, Sahil Dewan, founder and CEO of Karma3 Labs, told TechCrunch exclusively. “We are really obsessed with solving trust and safety issues for crypto,” Dewan said. “We wanted to create a protocol and generalized system, not as a source of trust, but for anyone to come and build reputation systems,” Dewan said. The OpenRank protocol allows any developer to use its “Reputation Graphs” for ratings, ranking or recommendations for applications or communities.

Former Twitter Trust & Safety co-lead, Aaron Rodericks, joins Bluesky team

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Emerging decentralized social network and X rival Bluesky has just landed a notable former Twitter leader as its new Head of Trust and Safety. On Wednesday, the company announced it has appointed Aaron Rodericks, who most recently co-led the Trust and Safety team at Twitter, to this new position. It’s an indication that the network will approach trust and safety similarly, if not better, than Twitter once did, before Musk’s takeover. Bluesky says Rodericks will lead the moderation team that provides 24/7 coverage to uphold the Bluesky Community Guidelines and promises reports are reviewed in under 24 hours. “Aaron’s expertise in trust & safety at global scale brings invaluable experience to our moderation team.

“Potential Bitcoin ETF Signals Major Shift in Cryptocurrency Acceptance, According to Grayscale CEO”

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It’s been a long road for spot bitcoin ETF filers – and today the U.S. Securities and Exchange Commission finally approved all 11 standing applications from issuers. “We always knew the investor sentiment would get there, regulators would get there and the financial advisor community would get there.”Grayscale, a digital asset investment firm that was one of the 11 firms to file for a bitcoin spot ETF, is best known for its Grayscale Bitcoin Trust (GBTC), which has now been converted, or “uplisted,” into its new bitcoin spot ETF product. The 10 other issuers are BlackRock’s iShares Bitcoin Trust, ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETP Trust, WisdomTree Bitcoin Fund, Fidelity Wise Origin Bitcoin Trust, VanEck Bitcoin Trust, Invesco Galaxy Bitcoin ETF, Valkyrie Bitcoin Fund, Hashdex Bitcoin ETF and Franklin Bitcoin ETF. While futures ETFs marked a big milestone in 2021, Sonnenshein believes the most critical one that brought these bitcoin spot ETF approvals was the D.C. Circuit Court of Appeals’ ruling in favor of Grayscale against the U.S. Securities and Exchange Commision in the case of a bitcoin spot ETF in the Summer of 2023.

US Greenlights Initial Applications for Spot Bitcoin ETFs by 11 Companies

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It’s been over a decade since the first application for a spot bitcoin ETF was filed. After a number of denials over the years, the U.S. Securities and Exchange Commission has approved all 11 applications from spot bitcoin ETF issuers, marking a potential watershed moment for the crypto industry and potentially opening the floodgates by making it easier for institutional investors and consumers alike to invest in the biggest digital asset. The issuers are BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETP Trust, WisdomTree Bitcoin Fund, Fidelity Wise Origin Bitcoin Trust, VanEck Bitcoin Trust, Invesco Galaxy Bitcoin ETF, Valkyrie Bitcoin Fund, Hashdex Bitcoin ETF and Franklin Bitcoin ETF. In 2021, BITO, the first bitcoin-linked futures ETF in the U.S., launched and immediately saw a lot of demand during its first year. It eventually grew to become one of the largest and most traded crypto ETFs., according to ProShares data.

– “Carta to Shift Focus: Prioritizing Trust by Exiting Secondaries Business”

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The big idea was to become the transfer agent, brokerage and clearinghouse for all private stock transactions in the world. While the move made Carta more valuable in the eyes of its venture backers — a company has to scale after all! In his post tonight, Ward downplayed the impacts of ending secondary trading on Carta, saying the revenue derived from the practice is minuscule compared with Carta’s other business offerings. Striking a humble tone, Ward wrote that “ALL of my ideas around liquidity — auctions, investor matching, secondary trading, open tender offers, have not worked. Many people think we are best poised to solve liquidity because we have cap table data.

Intrinsic: Leveraging Y Combinator Support to Revolutionize Trust and Safety Infrastructure

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“Intrinsic is a fully customizable AI content moderation platform,” Mellata said. Intrinsic, he explained, lets customers “ask” it about mistakes it makes in content moderation decisions and offers explanation as to its reasoning. The platform also hosts manual review and labeling tools that allow customers to fine-tune moderation models on their own data. “Most conventional trust and safety solutions aren’t flexible and weren’t built to evolve with abuse,” Mellata said. “The broader slowdown in tech is driving more interest in automation for trust and safety, which places Intrinsic in a unique position,” Mellata said.

Maka: Simplifying Fashion and Beauty Shopping in Africa – Social Commerce Platform Secures $2.65M Funding

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Maka, an African fashion and beauty e-commerce platform, has raised a $2.65 million pre-seed round led by Pan-African venture capital firms 4DX Ventures and Janngo Capital. She said launching Maka began during the pandemic when she was in Ghana and struggled to find inclusive fashion inspiration. To address the trust element, Maka leverages videos as a means to connect users with trusted creators. Notably, the platform offers a review option, allowing customers who make purchases to share their feedback through video reviews, usually between 30 and 60 seconds long. Furthermore, creators can download their reviews from Maka and share them on other social media platforms, earning additional points for each share.