Data shows BOB prices quickly fell from $0.000031 to $0.000016 on Sunday as traders likely reacted to Twitter’s actions, reaching a market capitalization of $13 million. As such, the tokens have been in a nearly continuous slide since early May, when they reached a peak capitalization of $74 million. Source
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a fiery Twitter exchange that took place recently, tech titan Elon Musk responded to the imminent removal of the bitcoin (BTC) tipping app Damus from Apple’s App Store. The social media platform Damus, backed by former Twitter CEO Jack Dorsey, received a warning from Apple to fall in line with the company’s guidelines or face expulsion. Musk’s response on his Twitter criticizes Apple: If Apple competes against the whole world, Apple will have the whole…
According to the senators, Twitter is not able to keep up with safety requirements and meet concerns, and may be in breach of an agreement. Democrat senators have expressed safety concerns to Twitter executives about its ability to comply with safety requirements. The senators contacted Twitter following two high-profile resignations from the social media giant last week. Senators’ Concerns Detail Twitter’s Failure to Fulfill Privacy Commitments Expressing their concerns in a letter addressed to owner Elon Musk and incoming CEO Linda Yaccarino, the senators worry that Twitter might no longer be equipped…
Morphing from Twitter into X, the new super app will offer users multiple services and will effectively be the WeChat of the West. Twitter CEO Elon Musk has confirmed that the microblogging website will rebrand to X sometime in the near future. Elon Musk responded with “True” to a tweet announcing the forthcoming rebranding. According to the tweet, the new X platform will do much more than allow users to send short tweets. Users will be able to enjoy long text, messaging, video, and varying financial services. Twitter Inc Is Now…
As of the time of this writing, neither Musk nor his legal team has commented on the amended lawsuit from the Dogecoin investors. A group of Dogecoin (DOGE) investors with a longstanding class-action lawsuit against Twitter’s outgoing Chief Executive Officer Elon Musk for alleged insider trading offenses. The investors, according to a recent filing, have requested a leave to amend their current lawsuit to show that the world’s richest man manipulated the price of DOGE. The investors are particularly specific about the move by the billionaire when he changed Twitter’s…
A group of Dogecoin investors has requested leave to amend a class-action lawsuit against soon-to-be former chief executive officer of Twitter Elon Musk, alleging he manipulated the price of the meme token. In a May 31 filing in United States District Court for the Southern District of New York, the investors claimed Musk used his social media following on Twitter as well as media appearances to profit off trades of Dogecoin (DOGE) through an “undisguised course of cryptocurrency market manipulation.” According to the complaint, Musk profited off DOGE trading at…
Shortly after a trip to China, Elon Musk has become the richest person in the world as he prepares to step down from his position as Twitter CEO. According to the Bloomberg Billionaire Index updated on Thursday, Tesla (NASDAQ: TSLA) CEO Elon Musk is once again the world’s richest person. The index puts Musk’s total net worth at $192 billion, noting a year-to-date (YTD) addition of $55.3 billion. The list also has LVMH CEO Bernard Arnault as the second richest at $187 billion, and Amazon founder and executive chairman Jeff Bezos in…
Tesla is already constructing a mega factory in Shanghai to ramp up energy storage for its current and upcoming models including the Cybertruck. Tesla Inc (NASDAQ: TSLA) shares spiked on Tuesday to close the day trading at $201.16, up 4.14 percent from the day’s opening price. As a result, Tesla stock turned more bullish from last year’s bearish sentiment after a report that tech billionaire Elon Musk met with Foreign Minister of China Qin Gang on Tuesday to discuss business expansion. According to Qin, China is ready to work with…
Earlier in May, the Milady collection spiked after receiving acknowledgment from Twitter owner Musk who tweeted a picture of a Milady avatar with the words “There is no meme, I love you” overlaid on the picture. Each NFT traded for 3.4 ether at the time. Source
Elon Musk recently said DOGE is his favorite cryptocurrency but warned investors to exercise caution when dealing with investments in the crypto space. Elon Musk warns against heavy investments in crypto Despite liking dogecoin, multi-billionaire Elon Musk recently noted that he would not advise anyone to bet huge on crypto. Elon Musk was speaking at an interview with the Wall Street Journal. Elon Musk just gave his current views on crypto on an interview with WSJ “Dogecoin is my favorite because it has the best humor and it has dogs”…