Yahoo Finance published this video item, entitled “Viral rappers ‘Island boys’ push cryptocurrency ‘Cryptpedia,’ raising concern about regulation” – below is their description.
#IslandBoys #cryptocurrency #crypto
This segment originally aired on November 23, 2021.
Yahoo Finance Live hosts Zack Guzman and Akiko Fujita discuss viral TikTok personalities the Island Boys advertising cryptocurrency investments into the Crypedia project, as well as other celebrity endorsements of crypto.
Yahoo Finance YouTube Channel
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In This Story: TikTok
TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.
ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service Musical.ly on 2 August 2018.
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