Last week saw a major price uptick that led to Bitcoin (BTC) retesting $64,000 as spot BTC ETFs recorded all-time high volumes. Meanwhile, Nigeria fined Binance $10 billion over allegations of currency manipulation and Elon Musk sued OpenAI CEO Sam Altman. Original
WLD is considered a proxy bet on OpenAI, the Sam Altman-owned artificial intelligence company. Source
The cryptocurrency market was rattled as Dogecoin (DOGE) experienced a significant 5% decline in value, sending shockwaves through the industry. This decline, which caught many investors off guard, is attributed to a combination of factors that have created a cloud of uncertainty around the popular digital asset. Firstly, the overall market sentiment towards cryptocurrencies has been bearish, with many investors becoming more cautious due to regulatory concerns and the ongoing legal troubles of influential figures in the industry. Elon Musk’s Issues Affect Dogecoin Price Elon Musk, the enigmatic figure known…
Meanwhile, Oxfam revealed that across 52 countries, the average real wages of nearly 800 million workers have fallen, resulting in a combined loss of $1.5 trillion over the last two years. According to a new report by Oxfam, a global organization dedicated to combating inequality and ending poverty, the combined wealth of the world’s top five wealthiest men has more than doubled from $405 billion in March 2020 to $869 billion in November 2023. The report was published on January 15, just on the day when the World Economic Forum…
Elon Musk, CEO of Tesla and SpaceX, engaged with Twitter and Block co-founder Jack Dorsey regarding the importance of self-custody in cryptocurrency. Musk responded to Dorsey’s announcement of Bitkey, a self-custodial Bitcoin (BTC) wallet from Block, but made a minor error in his reference to a well-known crypto adage. Not your keys, not your wallet, as they say — Elon Musk (@elonmusk) December 7, 2023 The correct phrase, often cited by crypto enthusiasts, is “not your keys, not your coins.” This saying highlights the belief that personal control over one’s…
DOGE has historically pumped on Musk’s comments and public posts given his apparent infatuation with the dog-themed meme token. In April, Musk teased DOGE payments on X, then known as Twitter, proposing dogecoin as one of the payment options for Twitter Blue, the site’s subscription service with premium features. Source
Elon Musk made some of his boldest claims yet concerning the future of artificial intelligence (AI) during an interview with CNBC’s Andrew Ross Sorkin. During a wide-ranging interview, Musk responded to questions concerning recent lawsuits levied against some of the billionaire’s competitors in the AI space related to alleged copyright infringement. Related: Elon Musk launches AI chatbot ‘Grok,’ says it can outperform ChatGPT “So, you think it’s a lie,” Sorkin asked Musk during the interview, “when OpenAI says that… none of these guys say that they’re training on copyrighted data.”…
Elon Musk said that he will do whatever required to maintain for the free speech on the X platform. Elon Musk was brutally straightforward during his recent interview on Wednesday, November 29. During the 2023 DealBook Summit in New York on November 29 Elon Musk, owner of the micro-blogging platform X (formerly Twitter), criticized advertisers who abandoned the social media site due to antisemitic posts he had shared. Despite publicly endorsing content labeled as “antisemitic and racist hate” by the White House, Musk later apologized and deleted the tweet. When…
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 (formerly Twitter), lashed out at advertisers leaving the social media site due to antisemitic posts he amplified there. Recently, Musk publicly endorsed what the White House labeled “antisemitic and racist hate” on the platform, which he has since apologized for. The tweet…
In a joint effort, SpaceX and BitOK have revealed a fraudulent crypto giveaway orchestrated by scammers impersonating Elon Musk, who managed to raise $165,000 in donations. The scheme was said to involve a deepfake version of Elon Musk in live YouTube streams, which have since been removed. The report that was shared with crypto.news claims that the users were offered to access a website via the QR code featured in the broadcast. Fake website promoting ‘SpaceX’ giveaway | Source: BitOk The page stated that individuals participating in the giveaway should…