Elon Musk tells advertisers trying to ‘blackmail’ X — ‘Go fuck yourself’

Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden outburst on live TV at an annual conference hosted by The New York Times.Speaking at the 2023 DealBook Summit in New York on Nov. 29, Elon Musk, the owner of micro-blogging platform X (former ...

Why is Dogecoin price down today?

The price of Dogecoin (DOGE) is down today, mirroring trends elsewhere in the cryptocurrency market.Why is Dogecoin price down today?On Nov. 28, DOGE's price dropped over 3.5% to $0.076, underperforming the crypto market, which fell by around 1.25% in the same period. The memecoin's price ...

X restricts Changpeng Zhao’s account after name change removes ‘Binance’

Social media platform X — formerly Twitter — restricted the account of former Binance CEO Changpeng “CZ” Zhao without explanation other than suggesting “they may have potentially violated the X Rules.”On Nov. 23, X users could briefly view CZ’s acc ...

Spanish regulator signals potential X probe on crypto ads

The National Stock Market Commission (CNMV), Spain’s principal financial regulator, called out the fraudulent crypto assets promos on X (formerly Twitter) and reiterated the obligation of companies to comply with local laws. On Nov. 8, in a speech at the Deloitte annual conferenc ...

Elon slings AI-generated insults at GPT-4 after OpenAI’s CEO mocks Grok

The launch of Elon Musk’s new “Grok” artificial intelligence (AI) system may not have made waves throughout the machine learning community or directly threatened the status quo, but it’s certainly drawn the attention of Sam Altman, the CEO of ChatGPT maker OpenAI.  ...

Crypto Biz: Value of X halves, CME rises among top Bitcoin futures exchanges, and other news

The crypto industry continues to anticipate the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States as more investment managers file amended applications with the Securities and Exchange Commission (SEC).The high level of anticipation has even caused the Chicago Merc ...

Twitter is now worth half of the $44B Elon Musk paid for it: Report

Elon Musk’s social media platform, X (formerly Twitter), is worth less than half of what the tech billionaire bought it for in October last year, an internal memo has reportedly revealed.According to an Oct. 30 report from Bloomberg, the internal memo and sources familiar with the ma ...

Elon Musk says posts busted by Community Notes won’t earn revenue share

Posts corrected by X’s community-driven fact-checking feature will be “ineligible for revenue share,” to stem the flow of misinformation and sensationalism, says Elon Musk. In an Oct. 29 X post, the executive chairman said misleading or inaccurate posts “corrected&r ...

Elon Musk’s X aims to revolutionize finance as a central hub

Elon Musk’s venture, X (formerly known as Twitter), aims to position itself as a central financial hub, encouraging individuals to consider using X as their primary financial solution instead of traditional bank accounts for various financial requirements.According to reports, during ...

Crypto speculations simmer after cryptic posts on X

The crypto community on X (formerly known as Twitter) has been thrown into a series of guessing games by a couple of cryptic posts made by prominent individuals.One of these posts was made by David Schwartz, Ripple’s chief technical officer (CTO). He published a  picture of ...

Revolutionizing social networks with Web3: Phaver and Cyberconnect AMA

CEO & co-founder of Phaver Joonatan Lintala and head of marketing at Cyberconnect Abhi Raheja discussed the innovations of their projects and aspects of SocialFi during the recent Cointelegraph live AMA show. Here are the highlights from the interview: ...

Jack Dorsey’s ₿trust acquires African Bitcoin organization Qala

₿trust, a non-profit organization funded by Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey, is scaling up its programs in Africa with a new acquisition.The non-profit has acquired Qala, an organization dedicated to training Bitcoin and Lightning engineers in Africa. The ...

Why is Dogecoin price up today?

Dogecoin (DOGE) price is up roughly 5% in the last 24 hours, mirroring trends elsewhere in the cryptocurrency market.Grayscale news pumps DogecoinDespite DOGE price being down 2.4% on Aug. 30, it's still up 5% from yesterday's lows, while the total crypto market capitalization has g ...

Elon Musk’s X moves closer to crypto payments with new state license

Rhode Island’s regulators have granted X (Twitter) a currency transmitter license marking a step forward for the company’s foray into the financial services sector. The license is legally required for companies conducting financial activities on behalf of users related to sending and ...

Criticism Arises Over New Crypto Tax Rules Proposed by President Biden

Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe Biden. On Aug. 25, in an effort to catch crypto users avoiding taxes, the Internal Revenue Services (IRS) proposed brokers follow new rules for selling and tr ...

Ripple CTO Sparks Speculation with Cryptic Tweet About XRP Price

Ripple CTO Intrigues XRP Army With Mind-Twisting Tweet CTO at Ripple Labs and co-creator of XRP Ledger David Schwartz, known for his high level of activity on the X platform, formerly known as Twitter, has again posted a t ...

Scientists used AI to find and track 95K ‘cryptocurrency free giveaway’ scams on Twitter

Researchers from San Diego State University in California developed an artificial intelligence (AI) system to identify, track and expose free cryptocurrency giveaway scams on X (formerly Twitter). Called GiveawayScamHunter, the automated system discovered 95,111 scam lists between Jun ...

X will foot legal bills of users unfairly treated by employers for posting or liking content: Elon Musk

Elon Musk stated that his social media company X (formerly Twitter) will fund the legal bills of any user that was treated unfairly by their employer for engaging with content on the platform. In an April 5 X thread announcing the move, Musk said that lawsuits of any scale will be supporte ...

FBI warns of phishing scams and social media account hijackers

The Federal Bureau of Investigation has warned of criminal actors that are hijacking social media accounts and posing as legitimate people in the nonfungible token and crypto space. It also raised concerns over spoof websites that dupe victims into thinking they are using legitimate platfo ...

Agence France-Presse sues Elon Musk and X/Twitter over compensation for news

Agence France-Presse (AFP) announced a lawsuit against X, the company formerly known as Twitter, on Aug. 2, citing Europe’s “neighboring rights” legislation.According to a press release, AFP is asking the courts to force X — which the press release refers to as &ldq ...

Elon Musk tweets and Twitter bot spam influences altcoin prices: Study

Crypto-spouting Twitter bots could be playing a much larger role in artificially inflating the price of altcoins than previously understood, a new study has suggested.Using a sample of various FTX-listed cryptocurrencies in a study published Aug. 2, the Network Contagion Research ...

Crypto community reacts to Barbie star saying Bitcoin talk exudes Ken energy

Australian actress Margot Robbie, who is playing the lead in the new Barbie movie, has caused quite a stir within the crypto community after stating that simply talking about Bitcoin (BTC) gives off Ken vibes.In the last 24 hours, the crypto community on Twitter, including Microstrategy's ...

X’s ad revenue sharing: Crypto payments on the horizon?

Following the announcement of X’s (formerly Twitter) ads revenue sharing initiative, crypto exchange Kraken proposed the possibility of accepting payments in Bitcoin (BTC).The X community responded positively to the tweet, praising the suggestion as a welcome idea. VJ Crypto Gue ...

Hester Pierce strikes back against SEC crypto warning to accounting firms

Hester Pierce, commissioner of the United States Securities and Exchange (SEC), has raised concerns about the watchdog's recent statement advising accounting firms against taking on non-audit work for crypto firms.In a July 28 tweet, Pierce challenged the recent statement made by the ...

Crypto Biz: Elon Musk’s X targets financial services, PacWest emergency rescue and more

Social media platform X — formerly known as Twitter — may soon advance plans to add financial services to its users, hoping to become the American equivalent of the Chinese super-app WeChat.The concept of super-apps isn’t new. Tech giant Tencent, the company behind WeChat ...

Elon’s ‘not afraid of blowing things up’ — ex-Twitter exec on working under Musk

A former product director at Twitter, now X, has shed new light into the once inner workings of the social media firm, along with some of the peculiarities that come with working under entrepreneur Elon Musk. In a lengthy 2,400-word tweet and accompanying video, Crawford described the ...

Pro-XRP lawyer Jeremy Hogan’s scam tweet bonanza finally falls silent

The recent flood of scam tweets on pro-XRP lawyer Jeremy Hogan’s hacked account has finally dried up after nearly four days.Since July 24, the XRP community has been diligently warning others and tagging Twitter’s support after they noticed Hogan’s account tweeting malici ...

Trademark attorney predicts legal fights ahead with Twitter’s rebrand to X

Josh Gerben, a trademark attorney with Gerben Intellectual Property, has suggested the company formerly known as Twitter could spend upward of $100 million in dealing with litigation as a result of the X rebranding.In a July 25 X thread, Gerben predicted that lawsuits against X related to ...

Reading the Elon Musk ‘tea leaves’ — Is Dogecoin coming for Twitter?

A subtle change in Elon Musk’s Twitter bio after his platform’s rebrand to “X” has again fanned the flames of speculation that Dogecoin (DOGE) may have a future on the platform.On July 25, eagle-eyed Twitter (now X) users began pointing out that Elon Musk’s pr ...

Elon Musk to rebrand Twitter to X, but Crypto Twitter has other ideas

Twitter users, along with the avid crypto community, may soon see a very different version of the social media app — which is set to ditch its iconic blue bird logo for an “X” as part of a major rebrand. Crypto Twitter hasn’t been particularly thrilled with some of ...

Terra interim CEO says any ‘little progress’ made gets derailed by accusations

Terraform Labs faces a “big hill to climb” as the progress of its various projects in development are constantly being impeded by frequent accusations against Do Kwon, according to Terra’s new interim CEO Chris Amani.During a July 20 Twitter Spaces, titled A Terra Communi ...

Twitter to impose daily limits on DMs for unverified accounts, citing an effort to ‘reduce spam’

More controversial changes are coming to Twitter, with the social media platform set to introduce daily direct message (DM) limits for unverified users. In a July 21 tweet, Twitter Support stated that the platform will “soon be implementing some changes in our effort to reduce spam i ...

Hackers compromise Uniswap founder’s Twitter account to promote scam

Members of Crypto Twitter have quickly identified and warned others against a scam being pushed by Uniswap founder Hayden Adams’ compromised account.The "Web3 Security Alerts" channel on Telegram notified followers that Adams’ Twitter account had been compromised on July 20. Th ...

Threads copies Twitter again, introduces ‘rate limits’ to combat bots

Mark Zuckerberg’s Twitter alternative, Instagram Threads, has been forced to implement rate limits in response to a growing number of reports citing spam attacks and crypto-shilling bots.Instagram head Adam Mosseri announced the introduction of rate limits in a July 17 post on the Th ...

Arkham on-chain ‘Intel Exchange’ labeled ‘snitch-to-earn’ by Crypto Twitter

Arkham, a “blockchain intelligence company,” announced what it’s calling the “world’s first on-chain intelligence exchange” on July 10 alongside the launch of a new coin, ARKM, through Binance’s Launchpad service.Crypto Twitter has had a predictabl ...

‘Scammers’ pose as Crypto Twitter users on Threads as sign-ups near 100M

Scammers appear to have wasted no time since the launch of Meta’s new microblogging app — with several high-profile Crypto Twitter users already warning of imposter accounts on Threads. Threads was launched on July 5 and has seen sign-ups climb above 98 million in the days foll ...

Salvadoran teenager becomes Bitcoin teacher, no longer earning ‘6 dollars a day’

A Salvadoran teenager shares his journey of completing El Salvador's Bitcoin diploma program, Mi Primer Bitcoin, meaning My First Bitcoin. Now, he has returned to his former high school to educate the teachers about Bitcoin (BTC).In a series of tweets on July 8, 18-year-old Gerardo Moran r ...

Crypto Biz: Winklevoss slams Silbert, Twitter’s double-edged sword and more

Twitter’s plans to roll out a payment platform took a major step forward this week as its subsidiary, Twitter Payments, received its first money transmitter licenses in the United States states of Michigan, New Hampshire and Missouri. The company — reportedly building a so ...

Elon Musk calls for AI regulatory oversight: Report

Twitter's executive chairman Elon Musk continues to push for more regulatory oversight of artificial intelligence, claiming it may be "smarter than all humans at everything" in the future.In a video keynote address at a Chinese government-backed AI conference on July 5, Musk reportedly not ...

Crypto Twitter will see less exposure on Google due to rate limit slash

Twitter’s new rate limits are severely affecting the indexing and display of tweets on Google’s search engine, limiting the reach of the information shared on the microblogging site.According to web search industry outlet SearchEngineLand, Google Search has dropped over half of ...

Meta’s Twitter rival Threads to launch July 6, but will the crypto community budge?

Meta is planning to launch its new Twitter rival, Threads, on July 6, only days after Twitter’s “rate limit” debacle which has temporarily capped how many posts users can read per day.The platform, which is heavily tied to the photo and video-sharing social network Instag ...

OpenAI pauses ChatGPT’s Bing feature as users were jumping paywalls

ChatGPT’s Browse, a Bing-based search engine feature, has been temporarily disabled by OpenAI after a loophole enabled users to bypass paywalled content.In a July 4 tweet, OpenAI notified users of the temporary halt so it could patch the issue and “do right by content owners.&r ...

Twitter rival Mastodon’s active user base increases by 100K+

A day after Twitter imposed new limits on the number of posts users can see (based on their verification status), rival social media company Mastodon reported a significant increase in traffic. According to a July 2 post from Mastodon creator and CEO Eugen Rochko, the platform’s ...

Elon Musk imposes ‘rate limit’ on Twitter citing extreme ‘system manipulation’

Social media platform Twitter is temporarily limiting the number of posts that users will be allowed to read per day, after seeing “extreme levels of data scraping and system manipulation,” according to executive chairman Elon Musk. In a July 1 post, Musk said the temporary lim ...

AI-generated fake news sparks rumors of Gary Gensler’s resignation

False rumors have again been spreading over the resignation of United States Securities and Exchange Commission (SEC) chair Gary Gensler — this time, however, artificial intelligence has seemingly played a part.On July 1, a news story appeared on a website dubbed “thecryptoaler ...

$794K SIM swap hacker PlugwalkJoe sentenced to five years in prison

British Hacker Joseph O’Connor, also known online as PlugwalkJoe, has been sentenced to five years in U.S. prison for his role in stealing $794,000 worth of cryptocurrency via a SIM swap attack on a crypto exchange executive back in April 2019. O’Connor was initially arrested i ...

Shiba Inu Burn Twitter account experiences suspension

The Shiba Inu (SHIB) burn tracker Twitter account, Shibburn, which is well-engaged with the crypto community, has been unexpectedly suspended. This suspension has garnered attention because the account holders had reached out to influential individuals like Elon Musk and Twitter’s new CEO, ...

Twitter suspends memecoin-linked AI bot after Elon Musk’s ‘scam crypto’ claim

Twitter has suspended the account of the popular memecoin-linked artificial intelligence-powered bot “Explain This Bob” after Elon Musk alleged it was a “scam crypto account.”Musk alleged the account was a scam in a tweet on June 18 in a reply to the bot; the accoun ...

CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M

Blockchain investigator ZachXBT has received over $1 million in donations in slightly more 24 hours from the crypto community to pay for his legal fees in a defamation lawsuit.ZachXBT, known for his investigative work in the blockchain and cryptocurrency industry, has become embroiled in a ...

Ripple case nears conclusion, but the fight for clarity must ‘continue’ – Brad Garlinghouse

Ripple CEO Brad Garlinghouse has warned that as Ripple's legal battle against the United States financial watchdog is coming “to a close,” it is only the beginning of a larger battle for the industry, and the fight for regulatory clarity “has to continue."Following the Hi ...

Mark Cuban takes on SEC, John Reed Stark and ‘crypto derangement syndrome’

Crypto Twitter was witness to a fierce debate this wee, with billionaire investor Mark Cuban accusing SEC’s Gary Gensler of throwing crypto under the bus while a former SEC official was quick to come to the regulator’s defense.In a spirited, back-and-forth exchange on Twitter w ...

Jack Dorsey courts controversy by claiming ETH is a security

Long-time Bitcoin (BTC) advocate Jack Dorsey has found himself in a Twitter war with several crypto industry pundits after he responded with “yes” to a question asking if Ether (ETH) was a security.The comment caught the attention of Udi Wertheimer, a Bitcoin Ordinals developer ...

FTX lawsuits see crypto firms, influencers dial back endorsement deals

Crypto influencers are taking an extra cautious approach to endorsement deals since the collapse of crypto exchange FTX last year, which has seen several celebrities hit with a lawsuit for their alleged role in its promotion. In March, a $1 billion class-action lawsuit was filed alleg ...

Elon Musk’s Warning on Dogecoin: High Risks and Legal Battles

He warned investors against investing in this asset And while the token "holds a special place" in the billionaire's heart, it remains extremely volatile The WSJ board met yesterday, May 23. Among those present was Elon Musk, who unexpectedly warned investors abo ...

Elon Musk Advises Caution on Dogecoin Investment Despite Favoritism

Tesla and SpaceX CEO Elon Musk warned investors not to bet everything on Dogecoin, stating that DOGE is his favorite coin. At a London conference hosted by The Wall Street Journal, Elon Musk urged investors not to get their hopes too high for the memetic cryptocurrency DOGE ...

Elon Musk’s Tweet Boosts Sales of NFT Milady Collection by Over 2,000%

Ilon Musk posted a meme on his Twitter page with an image from the NFT Milady collection. Since the tweet was published, NFT Milady's sales are up more than 2,000%. "No meme.. I love you," Elon Musk captioned the picture. After that, the minimum price of the NFT Milady ...

Coinbase Faces Criticism from Users for Calling Pepe Frog Meme a Hate Symbol and Meme Token Craze “Insane”

Users criticized Coinbase cryptocurrency exchange management for calling the Pepe frog meme a hate symbol and the meme token craze insane. Coinbase executives published an article expressing bewilderment over the memcoin craze. In recent weeks, investors have pounced o ...

UK Citizen Pleads Guilty to Hacking Celebrity Accounts for Bitcoin Fraud

U.K. citizen pleaded guilty to large-scale hacking of celebrity accounts in social networks for bitcoin fraud. Joseph James O'Connor is recognized as one of the hackers who hacked the Twitter accounts of several celebrities in 2020 including American star Kim Kardashian, ...

Elon Musk Announces New Features Coming to Twitter, Including Message Encryption and Voice/Video Calls

And this night will launch message encryption Users will communicate without giving their phone number Ilon Musk announced new features that will soon be coming to Twitter. First, the app will be updated this night to introduce the option to encrypt messages. ...

False Alert by Analytical Service Arkham Causes BTC Price Drop

According to a recent report by Arkham, a false alert was mistakenly issued regarding the transfer of BTC from US government wallets and the now-defunct MtGox crypto exchange. This erroneous message led to a rapid decrease in BTC prices on April 26, with the cryptocurrency dropping by 7% in under ...

Binance CEO suggests using crypto to fight Twitter bots

Changpeng Zhao, the CEO of Binance, has proposed a solution to combat bots on Twitter using a special cryptocurrency commission. He suggested implementing the option for users to pay $0.x per comment made by those they don't follow. According to Zhao, this will make it too expensive for bots t ...

Twitter users can now trade cryptocurrencies and stocks through eToro partnership

Twitter, one of the largest social networks, is now offering its users the ability to purchase cryptocurrencies, stocks, and other financial assets. This exciting new development is made possible by a partnership between Twitter and the eToro platform, and users of the Twitter mobile app will be ...

Dogecoin On-Chain Metrics Show Signs of Increase Despite Fading Twitter Hype

Despite the extinction of the hype around the topic of "Twitter", some on-chain metrics of the Dogecoin network show an increase. This may support the DOGE course The popular DOGE meme coin, created by the Dogecoin project, recently gained significantly and broke the $0.08 mark amid news that the ...

PleasrDAO and Own the Doge NFT Community Announce Kabosu Documentary

PleasrDAO and Own the Doge NFT community have revealed their plans to create a documentary about the beloved Shiba Inu dog, Kabosu, who inspired the popular Dogecoin cryptocurrency and became an icon of the meme world. The feature-length film will detail Kabosu's life journey, from being a neglec ...

Twitter’s Removal of Dogecoin Meme Symbol Causes 9.5% Drop in Value

The value of Dogecoin, the popular cryptocurrency that has taken the internet by storm, has experienced a significant drop of up to 9.5% following Twitter's removal of the Dogecoin meme symbol from its homepage. As of Friday, April 7, CoinGecko reports that Doge is trading at $0.082. The sudde ...

Founder of CryptoLaw explains reasons for delay in SEC lawsuit against Ripple

John Deaton, the founder of CryptoLaw, who is representing the interests of XRP holders, has shared his thoughts on the delay in the ruling of the US SEC lawsuit against Ripple. The XRP community has been actively discussing the SEC lawsuit against Ripple on Twitter, with many supporters hoping t ...

Musk Changes Twitter Logo to Dogecoin, DOGE Rate Rises Sharply

Elon Musk, the owner of Twitter, has caused a stir by changing the social media platform's logo to that of the Dogecoin cryptocurrency. As a result, the value of DOGE has soared to $0.10, thanks in no small part to Musk's well-known fondness for the meme-inspired currency, which he has previously ...

Scammers Impersonate Ripple CEO Brad Garlinghouse to Promote Fake Cryptocurrency Giveaway on Twitter

The official account of a well-known Indian news channel, News 24, with a substantial following of 1.3 million on Twitter, was hacked by unknown individuals who posted a fraudulent message about distributing 100,000,000 XRP coins. According to the fake tweet posted by the hackers, Ripple CEO Brad ...

Elon Musk Admits to Boosting Dogecoin’s Value with a Tweet

On February 22, the CEO of Twitter, Tesla, and SpaceX, Elon Musk, made a short post on Twitter about a dog that significantly increased the value of the meme cryptocurrency, Dogecoin. Within half an hour of Musk's tweet, the value of DOGE rose by 7%, and there was a weekly increase of almost 2%. ...