Uncategorized Archives - Page 5 of 8

Elon Musk To Serve As Temporary Twitter CEO After Finalization: Report

6May

By Cryptolifedigital4 Comments

Uncategorized

Elon Musk To Serve As Temporary Twitter CEO After Finalization: Report

With the Twitter-Musk deal expected to be completed soon, new reports reveal that the billionaire will be set up as temporary CEO. Tesla and SpaceX CEO Elon Musk is expected to temporarily take the CEO position at the social media giant Twitter, after the deal to buy the firm is concluded. Read Also: Terra Bypasses Tesla As It Becomes The Second-largest Corporate Holder Of Bitcoin As stated by a report by CNBC on Thursday (May 5, 2022), anonymous sources revealed that Musk will serve as Twitter’s CEO for a few months after the takeover of the company. Parag Agrawal, who is currently at the helm, began his leadership position at Twitter back in November 2021, after taking over from Jack Dorsey. The latter is a well-known bitcoin proponent who stepped down after year...

130.5 billion SHIB To Grab By the 1 Trillion Whales.

5May

By Cryptolifedigital1 Comment

Shiba Inu, Uncategorized

130.5 billion SHIB To Grab By the 1 Trillion Whales.

WhaleStats has reported that owners of two main Ethereum wallets have amassed a comprise 130.5 billion Shiba meme tokens. One of these whales already holds over 1 trillion SHIB. Read Also: Cardano (ADA) to Host Anti-Counterfeit Platform with Micro Chips https://twitter.com/WhaleStats/status/1521959469965615105 130.5 billion SHIB added to large whales' wallets Ethereum investor "BlueWhale0073" acquired 77,863,856,441 SHIB for $1,679,523 earlier today. Before that, another whale—"Bombur"—laid his hands on a slightly smaller, but still substantial amount of Shiba. This investor, whose wallet's name originates from Tolkien's fantasy novel, "The Hobbit: There and Back Again," grabbed 52,722,964,285 SHIB tokens. https://twitter.com/shibaqueen3/s...

20 Billion SHIB Destroyed by Burn Portal, Solana Goes Down, SEC Attempts to Protect Hinman Emails: Crypto News Digest byCryptolifedigital

2May

By CryptolifedigitalNo Comments

Uncategorized

20 Billion SHIB Destroyed by Burn Portal, Solana Goes Down, SEC Attempts to Protect Hinman Emails: Crypto News Digest byCryptolifedigital

Take a look at what happened in the crypto firm over the weekend with cryptolifedigital’s top four news stories. Shiba Inu burn portal records more than 20 billion SHIB burned less than a week after launch Shiba Inu holders continue showing support for the recently introduced burn portal, wishing to boost their tokens’ price. In the first 24 hours after its launch, a whopping eight billion tokens have been incinerated. Since then, this figure has more than doubled. According to a report released on Saturday, meme token holders have destroyed more than 20 billion SHIB tokens. Read Also: 2 Trillion Shiba Inu Whales Grab $9 Million in APE: Report Today, per U.Today’s latest article, the number of burned Shiba Inu tokens increased to 22.5 billion. Solana goes down (again) ...

Robinhood Trading App Is “Unraveling” for “Disgusting” Activities, Says Charlie Munger

1May

By Cryptolifedigital1 Comment

Uncategorized

Robinhood Trading App Is “Unraveling” for “Disgusting” Activities, Says Charlie Munger

Charlie Munger, Warren Buffett's right-hand man, and Berkshire Hathaway vice-chairman has slammed the trading app Robinhood, saying the company is now "unraveling." Munger blasted what he describes as Robinhood's "short-term gambling, big commissions, hidden kickbacks, and so on." Read Also: ApeCoin to Move from Ethereum After "Turning Lights Off," Causes Controversy Robinhood does not charge commissions to customers and makes the majority of its gains from "payment for order flow," which is a back-end fee paid to brokerages for channeling clients' trades to market makers. Munger described this as "disgusting," saying, "Now it's unraveling. God is getting just." Munger initially attacked Robinhood's practices in February 2021 amid a trading frenzy while calling the a...

SHIB Army Burns 1.6 Billion Shiba Within 24+ Hours as Coin Loses 3%

27Apr

By Cryptolifedigital2 Comments

Cryptocurrency, Uncategorized

SHIB Army Burns 1.6 Billion Shiba Within 24+ Hours as Coin Loses 3%

As reported by a major SHIB burn platform and tracker of data related to incinerating Shiba tokens, over the past 24 hours, a whopping 1.4 billion meme coins have been moved to dead crypto wallets. Besides, over the past few hours, roughly another 200 million were burned by the Shiba Inu community too. Thus, the amount of destroyed canine crypto since yesterday morning is over half a billion. Read Also: 115.3 Million XRP Sent by Ripple and Large Exchanges to This Destination Within the time, the second-largest meme crypto, SHIB, has been reducing in the past 24 hours. More than 1.5 billion SHIB moved to dead wallets @shibburn crypto tracker and burner have shared the news of another massive amount of SHIB burned since yesterday morning—a total of 1,...

Dogecoin Fan Elon Musk May Buy Twitter This Week: Report

25Apr

By Cryptolifedigital3 Comments

Uncategorized

Dogecoin Fan Elon Musk May Buy Twitter This Week: Report

Centibillionaire Elon Musk may be on track to link a deal with social media giant Twitter as early as this week, as stated by the Wall Street Journal to a Monday report. As reported by U.Today, Musk stirred controversy earlier this month after announcing his bid to take Twitter private for $43 billion. Before that, he bought more than a 9% stake in the influential social media platform. Read Also: Cardano Plunge into "Historical Buying" Zone as ADA Price Sloughs 7% in a Week: Details Previous media reports stated that Twitter’s board of directors had passed on the offer. The firm also takes the so-called “poison pill” by diluting the value of the stock to prevent the takeover. Notwithstanding, the company has reportedly decided to give the deal another g...

Cardano Traders Look Forward To Seeing Breakout as Selling Pressure Retreats.

20Apr

By Cryptolifedigital1 Comment

Uncategorized

Cardano Traders Look Forward To Seeing Breakout as Selling Pressure Retreats.

As stated by the most recent analytical post by Santiment on-chain metric provider, Cardano traders and investors are expecting a breakout from the coin that profited more than 50% of its value back in March. In the last 24 hours, Cardano gained around 6% of its value, and traders pushed the 9th largest coin by market cap to a breakout. As said by the indicator by Santiment, the crowd is euphoric toward ADA. The metric usually measures the number of posts containing bullish hashtags or words on social media platforms like Twitter. Read Also: Cardano Creator Says Cardano Is Just Starting After Adding approximately100,000 New Addresses in Last Month https://twitter.com/santimentfeed/status/1516450651621916673 Initially, Cardano secured its place in the top 10 of the most overs...

Bitcoin Lightning Exceeds Liquid by Capacity for First Time Ever: Here’s What This Implies

18Apr

By CryptolifedigitalNo Comments

Uncategorized

Bitcoin Lightning Exceeds Liquid by Capacity for First Time Ever: Here’s What This Implies

Bitcoin Lightning Network (LN) is the oldest and most popular Layer 2 Scalability solution for Bitcoin(BTC), the first cryptocurrency. Its net capacity more than tripled in the last 12 months the Blockstream team says. Read Also: Cardano Founder plans to Create a Network Cross Chain for BTC, DOGE, and ADA Lightning Network (LN) surpasses Liquid; c-lightning becomes Core Lightning After its most successful year of development, Lightning Network (LN) sees its total capacity rocketing from 1,100 Bitcoins (BTC) to 3,679 Bitcoins (BTC). https://twitter.com/Blockstream/status/1515760635740508160 Bitcoin Lightning Network is a second-Layer scalability solution for the largest blockchain: it gives room to the users to establish payment channels and partially process tra...

“Black Swan” Author Says NFTs Are Starting to Burst

17Apr

By CryptolifedigitalNo Comments

Uncategorized

“Black Swan” Author Says NFTs Are Starting to Burst

“Black Swan” author Nassim Taleb believes that the non-fungible token craze might be coming to an end, according to a recent tweet.The Lebanese-American mathematical statistician is convinced that higher interest rates will make the bubble burst. The U.S. Federal Reserve’s ongoing monetary tightening is expected to exert pressure on risk assets. Taleb has pointed to the fact that the value of the NFT of Jack Dorsey’s very first tweet has lost almost all of its value. Read Also: Why Ethereum Network Has To Be Upgraded? Crypto entrepreneur Sina Estavi caused quite a stir last march after shelling out $2.9 million for the 15-year-old “just setting up my Twitter” tweet. It was sold via an auction on the “Valuables” platform, which is run by Cent. Dorsey then an...

Breaking: Ethereum developer sentenced to 63months for helping North Korea evade sanctions.

12Apr

By CryptolifedigitalNo Comments

Uncategorized

Breaking: Ethereum developer sentenced to 63months for helping North Korea evade sanctions.

Former Ethereum developer Virgil Griffith, who has admitted to aiding North Korea, has been sentenced in a New York courthouse to 63 months behind the bar. Also because of that, he has been slapped with a $100000 fine. As reported by U.Today, Griffith surprisingly pleaded guilty to one count of conspiracy to violate sanction laws last September. This came after his motion to dismiss was denied last January. The Ethereum developer was arrested by U.S. authorities in November 2019 after traveling to North Korea and delivering a presentation at a local cryptocurrency conference, which had government officials among its attendees. Griffith's speech was focused on how Kim Jong-un's regime could circumvent U.S. sanctions. His defense team unsuccessfully tried to argue that ...