Technologies

Facebook reportedly struggles to count users as people create multiple accounts

An internal report viewed by The Wall Street Journal shows the company could be grappling with just how many active users it has.

Facebook is shaky about how many users are actually on its platform, according to a report Thursday by The Wall Street Journal. Internal documents show the social network is having a hard time identifying just how many active users it can count as people create multiple accounts on Facebook, The Journal reports.

An internal presentation at the company from the spring reportedly noted that among new accounts, it was a «very prevalent» circumstance for individual users to have multiple accounts. Facebook looked at around 5,000 recent sign-ups and found that between 32% and 56% were created by users who already had previous accounts, according to The Journal.

Additionally, another memo from May reportedly found that the number of Facebook users in the US who are in their 20s and active on the platform at least once a month is often greater than the total population of Americans in that demographic. The memo noted this could mean Facebook’s number of daily active users could be «less trustable,» The Journal reports.

The publication notes this reported uncertainty in user count could impact the reliability of information shared with advertisers.

A Facebook representative told CNET: «It’s not a revelation that we study duplicate accounts, and this snapshot of information doesn’t tell the full story. Nothing in this story changes the estimate of duplicate accounts we disclose in our public filings, which includes new users, or that we provide context on in our ad products, ad interfaces, in our help centers, and in other places. Ultimately, advertisers use Facebook because they see results — we help them meet their business objectives and provide appropriate metrics in our reporting tools.»

Facebook bans people from having multiple personal accounts, as it calls itself a «real identity platform.» Instead, users can only have one primary account with their real name. The memos The Journal reviewed suggest the reason most users make multiple accounts is because they get locked out of their main accounts or make an error signing in.

Technologies

Verum Coin Now Available on Gate.io Wallet

Verum Coin (VERUM) continues to expand its presence on leading crypto platforms. Users can now easily store and manage VERUM in the Gate.io Web3 Wallet — one of the most trusted ecosystems for digital assets.

This integration provides users with convenient and secure access to VERUM, bringing it closer to everyone looking to be part of the world of innovative technology.

Stay tuned for updates as the project takes further steps toward global success!

Technologies

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 Wallet, Coinbase Web3 Wallet, OKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.

The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.

What’s next?

In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.

Why does this matter?

Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.

Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!

Technologies

Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.

Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.

With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.

About Binance

Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.

For more information, visit verumcoin.info.