• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

TikTok Returns: Trump Aids in Restoring the Platform Post-U.S. Ban

user avatar

by Giorgi Kostiuk

a year ago


TikTok began restoring access for U.S. users following Donald Trump's intervention amid the recent ban of the app in the U.S.

Restoration of TikTok Service

Some TikTok users in the U.S. have started regaining access to the platform after the temporary shutdown. Trump announced his intention to revive TikTok's access in the country starting on Monday.

Reasons Behind the Ban

TikTok was shut down following the enactment of a law banning the app due to national security concerns. Previously, TikTok fought against a bill signed by Biden that required ByteDance to divest its U.S. operations by January 19 or face a complete ban.

Market and User Reactions

Uncertainty about TikTok's future led users to seek alternative platforms, with Meta and Snap seeing stock increases due to potential user influxes. VPN searches spiked following the app's shutdown, and there were concerns about purchases through TikTok Shop.

Trump's involvement in TikTok's situation underscores how contentious tech restrictions can be, especially considering the economic and political influence of social media.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Price Faces Potential Drop to $1,200

chest

Analyst Leshkaeth warns that Ethereum's Ether (ETH) could decline towards the $1,200 region if key support at $1,990 is breached.

user avatarDavid Robinson

Iran's Nuclear Treaty Consideration and Maritime Management Changes

chest

Iran is considering exiting the Treaty on the Non-Proliferation of Nuclear Weapons and plans to manage the Strait of Hormuz differently, potentially introducing permits and fees for maritime passages.

user avatarAndrew Smith

China Dismantles Illicit Cryptocurrency Mining Facility

chest

Urumqi authorities dismantled an illicit cryptocurrency mining facility and seized 310 devices, reaffirming China's strict regulatory approach toward crypto mining.

user avatarZainab Kamara

Geopolitical Tensions Drive Global Market Selloffs

chest

On March 30, significant upheavals were observed across global markets due to escalating tensions in the Middle East, leading to selloffs in Asian stock markets and increased activity in cryptocurrencies.

user avatarJacob Williams

Charles Hoskinson Releases Free Book on Zero-Knowledge Systems

chest

Cardano founder Charles Hoskinson has released a free book titled 'Proving Nothing: A Layered Guide to Zero-Knowledge Proof Systems' to educate a broader audience about zero-knowledge systems.

user avatarSon Min-ho

Watcher Guru Forecasts Further Decline for IRFC Shares

chest

Watcher Guru forecasts a potential decline for IRFC shares to the 6065 level, indicating a major accumulation zone for investors.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.