News

Twitter’s Bold Move: Daily DM Limits For Unverified Users Spark Controversy

Key Points

  • Twitter to introduce daily direct message (DM) limits for unverified users to reduce spam and address operational costs.
  • Users express negative reactions, raising concerns about potential impact on verified accounts and Twitter’s push for verification fees.
  • Crypto users also faces scams as hackers compromise Uniswap founder’s account, while Elon Musk’s tweets continue to influence Dogecoin’s value.
Twitter, the social media giant, is gearing up to introduce a significant change that has stirred up both curiosity and concern among its users.

In a recent tweet on July 21, Twitter Support announced its plans to implement new measures aimed at reducing spam in Direct Messages (DMs). The most notable change is the introduction of daily DM limits for unverified accounts.

While Twitter has not yet specified the exact daily limits for unverified users, the announcement has already sparked a wave of reactions and discussions across the platform. Verified and unverified users alike have voiced their opinions, with some expressing skepticism about the effectiveness of these limits and others raising questions about the platform’s underlying motives.

Critics argue that limiting DMs for unverified accounts may not necessarily curb spam, as verified accounts could still potentially engage in spamming activities. Some users have even gone a step further, suggesting that Twitter’s motive behind this move is to incentivize users to pay for verification, generating revenue that could help cover the platform’s operational costs.

This upcoming change is just one in a series of radical shifts that Twitter has undergone since Elon Musk’s involvement with the platform. On July 1, the platform implemented rate limits on the number of daily posts users could view, an effort to combat data scraping and system manipulation.

Despite Twitter’s ongoing efforts to tackle scams and bad actors, such issues persist. Recently, members of Crypto Twitter detected and warned against a scam promoted through the compromised account of Uniswap founder Hayden Adams. The scam falsely claimed that the platform’s Permit2 contract had been exploited, tricking users into clicking on a malicious link.

Moreover, Elon Musk’s tweets continue to wield significant influence over cryptocurrency markets, particularly when it comes to Dogecoin. A recent tweet featuring the cartoon character Scooby-Doo led to a surge in Dogecoin’s value. This market sway has even resulted in a class-action lawsuit against Musk, with plaintiffs alleging that his tweets and comments related to Dogecoin amount to market manipulation.

As Twitter embarks on these changes and addresses various challenges, the platform remains under scrutiny. Users are keen to see how these new DM limits will impact spam and whether they will succeed in achieving the platform’s goal of reducing unwanted messages. Amid the ongoing debates, the social media giant must navigate the delicate balance between enhancing user experience, combating fraudulent activities, and preserving the spirit of open communication that has defined Twitter for years.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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