Crypto Biz: NYDIG stacks sats, Elon buys Twitter
Amid the bear market, positive signs of crypto adoption continue to emerge. Also, Elon Musk is finally moving ahead with plans to acquire Twitter. For all the doom and gloom surrounding crypto markets these days, there’s plenty to be excited about. Institutional investors are still actively buying Bitcoin (BTC), venture capital is still investing heavily into blockchain startups and forthcoming regulatory clarity is likely to pave the way for wider adoption, perhaps as early as next year. This week’s Crypto Biz newsletter features some exciting stories about adoption, not to mention Elon....
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Tesla and Spacex CEO Elon Musk has completed the acquisition of Twitter Inc. and reportedly fired the company’s CEO and CFO. “The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square,” he said. “There is currently great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society.” Elon Musk Takes Over Twitter Tesla CEO Elon Musk has completed his $44 billion acquisition of Twitter Inc. and has changed his Twitter....
The year 2021 has started off on an incredibly good note for the crypto industry as Bitcoin and others hit all-time highs. Carrying that momentum further is the revolutionary Stacks project (you may recognize it as Blockstack) which launches their Stacks 2.0 blockchain on January 14. Stacks 2.0 is a layer-1 blockchain that uses Bitcoin […]
Crypto exchange Binance, in the latest development, has offered to team up with Elon Musk in order to make Twitter more crypto-friendly. Elon Musk has finally taken control of Twitter and has concluded the $44 billion acquisition. Twitter is now a private corporation and shareholders are set to receive $52.40 per share. The takeover was […]
Elon Musk will acquire popular social media platform Twitter for $43.4 billion. The Tesla and SpaceX CEO has long used the platform to promote crypto assets like Dogecoin and Bitcoin, post memes, and get himself in trouble with the SEC. Musk aims to launch “new features,” “increase trust” by making “algorithms open source,” defeat spam […]
Tesla and Spacex CEO Elon Musk has revealed his priorities for improving Twitter if he successfully takes over the social media platform. Among his promises are to eliminate crypto spam bots, ensure free speech, implement edit functionality, and simplify the account verification process.
Elon Musk’s Twitter Improvement Priorities
Elon Musk, the CEO of Tesla and Spacex, has shared how he plans to improve Twitter if his bid to buy the social media giant succeeds.
Musk agreed to a tweet Friday stating that he will focus on solving “real problems.”....