The changes in Twitter have gotten tongues wagging as to whether Elon Musk is well-suited for leading the social media company. Twitter Chief Executive Officer Elon Musk has revealed that he may quit his role in the social media company if his following on the platform demands so. Elon Musk posted a poll on Twitter on Sunday asking his more than 122.1 million followers whether he should step down as the platform’s CEO or not. According to him, he will abide by the decision of the majority. The poll has…
Day: December 19, 2022
Chinese Zhejiang Province Aims to Build a $28.7 Billion Metaverse Industry by 2025 – Metaverse Bitcoin News
Zhejiang, a coastal province of China, has presented a metaverse development plan that seeks to build a metaverse hub in its territory. The plan aims to entice the creation of a $28.7 billion metaverse industry and construct an ecosystem of several companies integrating this tech as part of its operations by 2025. Zhejiang Presents Metaverse Development Plan Zhenjiang, a Chinese province, presented its metaverse development plan on Dec. 15, aiming to become one of the biggest metaverse hubs in the country. The plan, which contemplates the integration of several active…
How coal mining is displacing millions
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Everybody loves to hate coal. But are things really changing on the ground? Follow me into the gritty heartland of the Indian coal … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Argentina Is Crowned World Cup Winner but ARG Token Dips 50%
Argentina Fan Token $ARG has a market capitalization of approximately $9,882,374, with a total supply of 20,000,000. The Argentina Football Association Fan Token (ARG) has dropped approximately 50 percent in the past 24 hours to trade at about $2.81 on Monday. The sharp decline coincided with the end of Qatar WorldCup 2022, which saw Argentina crowned as the football champion. Nonetheless, the ARG fan token has gained approximately 111.1 percent in the past year, whereas most digital assets are counting huge losses. The resilience in fan tokens has significantly been…
Binance Finalizes Acquisition of Indonesian Crypto Trading Firm Tokocrypto
“Tokocrypto came from our brainchild more than four years ago. I am very proud to see every growth, slogan, and contribution the company has made to advance Indonesia’s digital economy,” Pang Xue Kai, CEO & Co-founder of Tokocrypto, said in a release. Source
Twitter to Block Links to Other Social Media Accounts
Last week, Elon Musk also engaged in a rift with journalists. The platform banned a number of accounts belonging to journalists from major publications like the Washington Post and CNN. On Sunday, December 18, social media giant Twitter announced that it would block accounts “created solely” to promote other social media platforms. A thread from Twitter support read that the company “will remove accounts created solely for the purpose of promoting other social platforms and content that contains links or usernames”. This involved accounts promoting Facebook, Instagram, Truth Social, Mastodon,…
Will Bitcoin Reach All-Time Highs in 2023?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Will bitcoin reach all time highs in 2023? This year in 2022 bitcoin has suffered one of the worst years on record. But how likely is … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Nigeria Set to Recognise Crypto as Investment Capital: Report
If passed, the proposed Investments and Securities Act, 2007 (Amendment) Bill, will also define supervisory roles for the Central Bank of Nigeria and the securities and exchange commission (SEC) with respect to digital currencies, Babangida Ibrahim, chairman of the House of Representatives Committee on Capital Market and Institutions, told Punch. Source
Grayscale Will Explore Returning 20% of Investor Capital if SEC Refuses Spot Bitcoin ETF: Report
Grayscale Investments is exploring options to return a portion of capital underlying its flagship Grayscale Bitcoin (GBTC) product if the SEC refuses to grant a bitcoin exchange-traded fund (ETF), according to a report. Source
Sam Bankman-Fried Won’t Contest US Extradition: Reports
The change of heart suggests the founder of the crypto exchange founder may leave his Bahamas jail cell. Source