Cryptocurrency Analysis and News Portal
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 matter said that restricted
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The idea to turn X into a multifaceted financial hub with dating features comes shortly after Musk unveiled new subscription plans for the social media platform. In a recent virtual conference commemorating the first anniversary of Elon Musk‘s acquisition of the social media platform Twitter, now rebranded as X, the billionaire
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Bluesky will differ from Twitter in terms of its algorithmic preferences where users get the choice to subscribe to custom feeds. With Graysky, Bluesky takes a more decentralized approach. Bluesky, a Twitter alternative backed by Jack Dorsey got its first third-party app from mobile users, dubbed Graysky. So far, there have
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Musk blamed the SEC and the Biden Administration for constant scrutiny into his Twitter acquisition while expressing his confusion and frustration in the matter. On Thursday, October 5, the US Securities and Exchange Commission (SEC) sued Elon Musk in order to force him to testify about the acquisition of Twitter
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Elon Musk has called for a “comprehensive overhaul” of the United States Securities and Exchange Commission hours after the regulator sued Musk alleging he failed to testify in its probe relating to his $44 billion Twitter (now X) purchase last October.The SEC is investigating if Musk’s purchase triggered securities laws
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While critics have been busy writing eulogies for Meta’s metaverse dream over the last few years, Mark Zuckerberg’s latest demonstration of its photorealistic avatars shows it could be pretty far from dead after all.Appearing on a Sept. 28 episode of the Lex Fridman podcast, Zuckerberg and the popular computer scientist
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Twelve major incidents security incidents occurred this week, leading to crypto losses of roughly $6.4 million. According to web3 security firm CertiK, these losses were due to crypto hacks and phishing attacks through Discord and X (formerly known as Twitter). Social media has been recently flooded with fake airdrop messages from
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ZachXBT declined to speculate on whether Buterin was the victim of a "SIM swap" attack, stating that the Ethereum founder, who has 4.9 million followers on X, formerly Twitter, is a "big enough target to where an insider could have been paid off." SIM swapping involves taking control of someone's
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How does X (Twitter) impact Bitcoin price? We dive into the science behind the link between Twitter activity and crypto market movements to uncover the facts. Cryptocurrencies can quickly change in price, a characteristic that has both attracted and deterred investors over the years. Twitter and other social media play a significant
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In the tech world, we often see established platforms making bold moves to adapt to the changing times. A well-known social media company, X, previously Twitter, has taken a significant step forward by obtaining a Rhode Island Currency Transmitter License. This license allows X to become more involved in crypto,
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