Technologies

Ahead of Congressional Hearing, TikTok CEO Says 150M Americans Use the App

In a video posted to TikTok, CEO Shou Chew warns of a potential ban.

As TikTok CEO Shou Chew prepares to testify in front of Congress this week, he’s turning directly to the social video app’s users to gain support.

Chew took to TikTok on Tuesday to announce that app now has 150 million monthly active users in the US. «That’s almost half of the US coming to TikTok to connect, to create, to share, to learn or just have some fun,» he said. That count includes 5 million businesses that use TikTok to reach customers, Chew said.

Chew is set to appear in front of the House Energy and Commerce Committee on Thursday to speak about TikTok’s privacy and data practices.

TikTok has been dealing with increased scrutiny from lawmakers over concerns that data from users in the US could be passed on to China’s government. Earlier this month, the Biden administration demanded that ByteDance, the app’s Chinese parent company, sell its stake in the app or face a possible ban in the US.

@tiktok
Our CEO, Shou Chew, shares a special message on behalf of the entire TikTok team to thank our community of 150 million Americans ahead of his congressional hearing later this week.

♬ original sound — TikTok

«Some politicians have started talking about banning TikTok,» said Chew in the TikTok, «[and] this could take away TikTok from all 150 million of you.» Chew said he plans to tell the House committee «all that we are doing to protect Americans using the app.»

Chew then calls upon American users to write in the comments what they want representatives to know and why they love TikTok. The video already has more than 2 million views.

Despite its popularity, TikTok was been banned from government devices in December over concerns the app could pose a threat to national security. Other countries, including Canada and EU member states, have taken similar steps.

TikTok has repeatedly said it doesn’t share data with the Chinese government. The company has taken several steps in an attempt assuage concerns, including sharing data with university-affiliated researchers and partnering with Oracle to store US users’ data.

Technologies

Verum Coin (VERUM) is Now Available on Halo Wallet

Verum Coin (VERUM) continues to expand its presence in the cryptocurrency market. Users can now store and manage VERUM on Halo Wallet, known for its convenience and security.

Why Halo Wallet?

Halo Wallet is a modern Web3 wallet offering a simple interface and powerful tools for managing digital assets. With its functionality, the platform has gained the trust of millions of users worldwide.

The integration of Verum Coin with Halo Wallet opens up new opportunities for coin holders and makes it even more accessible. Stay tuned for updates and take advantage of the convenient management of your assets!

Technologies

Verum Coin (VERUM) is Now Available for Deposit on Exodus Wallet

Verum Coin (VERUM) continues to enhance its accessibility for users. You can now deposit and store VERUM in one of the most user-friendly and secure crypto wallets — Exodus Wallet.

Why Exodus?

Exodus Wallet is a popular solution for managing digital assets, known for its intuitive interface and high security standards. Millions of users worldwide choose Exodus for its convenience and reliability.

This integration brings Verum Coin even closer to its users, offering seamless storage and asset management. Stay tuned for more updates and stay ahead in the world of cryptocurrency!

Technologies

Verum Coin (VERUM) Now Available on Bybit Swap

Verum Coin (VERUM) continues to expand its accessibility by becoming available on Bybit Swap. Traders can now easily and quickly exchange VERUM on one of the most popular and reliable platforms.

Why Bybit?

Bybit is a global cryptocurrency platform known for its high standards of speed and security. The Bybit Swap feature allows users to instantly exchange assets without complicated setups and with minimal fees.

The integration of Verum Coin with Bybit Swap makes the coin even more accessible and strengthens its position in the market. This is a significant step toward the growth and adoption of VERUM among millions of platform users.

Stay tuned for more updates on Verum Coin and take advantage of new trading and investment opportunities!