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TikTok Takes on Twitter: Introduces Text Post Feature to Compete with Threads

By James Dean
Oct 9, 2024
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On July 21, Changpeng Zhao, the CEO of Binance, issued a warning about the rising number of phishing hackers in the cryptocurrency space. He advised exchange users to opt for hardware-based two-factor authentication (2FA) systems instead of mobile carrier- based on 2FA to enhance security.

During the Ethereum Community Conference 6 in Paris, Mudit Gupta, the Chief Information Security Officer of Polygon, discussed the challenges of being a defender in the security space. Gupta emphasized the need to cover every potential entry point and acknowledged that attackers have the ad vantage of targeting specific vulnerabilities without considering the entire system.

TikTok, the popular social media platform, has introduced new features for text-based content, allowing users to add location, music, stickers, hashtags, background colors, and save drafts. These efforts demonstrate TikTok's focus on differentiation from competitors like Threads, which has faced accusations of copying Twitter's interface.

Threads, on the other hand, has implemented rate limiting to combat cryptocurrency and spam bots. However, this has led to some unintentional throttling of active users, prompting Instagram head Adam Mosseri to seek user feedback to fine-tune their security measures.

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