CryptoCurrency

Coinbase is being sued for false sweepstakes advertising.

Coinbase Global, Inc. (“Coinbase”) and Marden-Kane, Inc. (“MKI”) (collectively the “Plaintiffs”) have been sued in a class action complaint for allegedly engaging in false, fraudulent, and misleading sweepstakes advertising. MKI was engaged by Coinbase, one of the largest online cryptocurrency exchanges, to create, advertise, and execute a $1.2 million “Dogecoin Sweepstakes” that will run from June 3, 2021 through June 3, 2022.

Technology

Facebook is experimenting with major modifications to Instagram in order to make it more similar to TikTok.

On Wednesday, Facebook’s Instagram chief revealed that the social network will begin showing users full-screen, suggested videos in their feeds. “We’re also going to be experimenting with how do we embrace video more broadly — full screen, immersive, entertaining, mobile-first video,” Mosseri said in a video posted on Wednesday. “You’ll see us do a number of things,