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Elon Musk’s Twitter Rebranding and Shiba Inu Mention Spark Crypto Speculations
Shiba Inu

Elon Musk’s Twitter Rebranding and Shiba Inu Mention Spark Crypto Speculations

In a recent development amid Twitter's rebranding endeavour, billionaire entrepreneur and Twitter owner Elon Musk triggered speculations within the broader crypto community with his mention of Shiba Inu. The rebranding saw the iconic Twitter bird logo replaced with a letter X in a dark theme, prompting reactions from users and employees alike. https://twitter.com/elonmusk/status/1683662200936755200 Jonah Katz, an engineer at Twitter, took to the platform to express his reaction to the rebranding. Katz humorously tweeted that he would continue scrolling on Twitter for six hours a day, even if the platform rebranded itself to a donkey. His light-hearted remark caught the attention of Elon Musk, who replied with a laughing emoticon. Read Also: Price Analytics Platform Projects 2553% ...
Dogecoin Spikes Following Elon Musk’s Acceptance Of Twitter Deal.
Dogecoin

Dogecoin Spikes Following Elon Musk’s Acceptance Of Twitter Deal.

Dogecoin spiked following the recent tweet of Elon Musk, sharing the image of the doge wearing a Twitter shirt. It is worth noting that Dogecoin is up by 16%. Recall that before the date slated by the court for finalizing Elon Musk’s deal on Twitter, the Billionaire was captured on his Twitter handle carrying a sink and heading to the Twitter headquarters. Read Also: Shytoshi Kusama Says Shibarium Will Be Launching Soon https://twitter.com/elonmusk/status/1587297730631696384 It is worth noting that Elon has already shown interest in monetizing and compensating content creators on Twitter. https://twitter.com/elonmusk/status/1585622194696044544 Dogecoin To Be Added As Compensating Method On Twitter following Elon Musk's Acceptance It is thoughtful enough that if Tw...
Elon Musk To Face Legal Action For His Intention To Decline From Buying Twitter.
Uncategorized

Elon Musk To Face Legal Action For His Intention To Decline From Buying Twitter.

According to Elon Musk’s letter, He intends to end the $44 billion Twitter deal on Friday to Twitter’s board. The letter stated that Musk is terminating the merge because Twitter “appears to have made false and misleading representations,” claiming that Twitter was not clear about its process for auditing spam and fake account and identifying do away with such accounts. More also Musk express his mood about the ongoing news that the Lawsuit filed will force Twitter to share the data surrounding bot activity. Read Also: Web3 Protocol Once On Terra Blockchain Migrates To Polygon. The comment was not that suit the community as captured by the community that commented on his tweet. For instance, some see this act of Elon Musk as breaking the law. https://twitter.com/Ann...
Elon Musk To Reimburse Investors Sum Of $86 Billion, Plus Pay Double That In Damages — An Additional $172 Billion.
Press Release

Elon Musk To Reimburse Investors Sum Of $86 Billion, Plus Pay Double That In Damages — An Additional $172 Billion.

Elon Musk, a centibillionaire, and CEO of Tesla and SpaceX had filed $258  billion for promoting Dogecoin which lead to the loss of a huge amount of money by the investors. Keith Johnson who claims to be one of the investors says he lost money after  investing in dogecoin and described himself as an “American citizen who was defrauded” by what he called a “Dogecoin Crypto Pyramid Scheme.” Read Also: QUIC Protocol Will Be Implemented on the Solana Network To Eradicate Performance Declination He is asking for his motion, filed in a New York court, to be classified as a class-action suit on behalf of those who have suffered losses by investing in dogecoin since 2019. Since the inception of Dogecoin’s promotion by Musk, investors have lost almost $86 billion according to...
Elon Musk And DOGE Co-Founder Troll Crypto Scam Bots on Twitter
Cryptocurrency

Elon Musk And DOGE Co-Founder Troll Crypto Scam Bots on Twitter

Centibillionaires  Elon Musk, chief of Tesla, SpaceX, and a few other companies, has reacted to a tweet by Dogecoin's co-founder about crypto scam bots. Billy Markus mocked bot accounts on Twitter by showing that they frequently have avatar pictures of cute men and women. Read Also: Is Cardano’s [ADA] rally probable yet? The answer might impress you: ANALYSIS https://twitter.com/elonmusk/status/1527790286864367616 Elon Musk promises to deal with crypto scam bots Lately, Elon musk has several times introduced Twitter discussions about crypto scam bots that have been encroaching the Twitter space. One of the problems Musk said he would solve when he buys Twitter and takes it private is to get rid of these fake accounts. However, the “when” has recently become an “if...
Elon Musk To Serve As Temporary Twitter CEO After Finalization: Report
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...
Dogecoin Fan Elon Musk May Buy Twitter This Week: Report
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...
MicroStrategy CEO Proposes Using Bitcoin to Eliminate Crypto Scam Bots on Twitter
Bitcoin

MicroStrategy CEO Proposes Using Bitcoin to Eliminate Crypto Scam Bots on Twitter

The CEO of MicroStrategy has joined the discussion under Elon Musk's recent tweet, proposing the elimination of crypto scam bots on Twitter that Musk is trying to buy. Paid verification for everyone Renowned Bitcoin proponent Michael Saylor has suggested that the issue with crypto scam bots (and any scammers whatsoever) can be solved by implementing verification for all real human users of the social network. Read Also: Shiba Inu Set to Unveil Third Stage of Metaverse Land Sale Event Since there is a limit of 360 blue checks that require disclosure of personal details to the Twitter team, a particular number of followers and there is often a long wait, Saylor suggested introducing orange checks that can be brought with a one-time security deposit—in Sa...
Ripple CTO Slams Elon Musk, Exposing Allegedly Real Reason for Twitter Takeover
Cryptocurrency

Ripple CTO Slams Elon Musk, Exposing Allegedly Real Reason for Twitter Takeover

Ripple’s chief technology officer David Schwartz has stated in a recent tweet by Elon Musk, stating that the allegedly real reason is for the currently attempted hostile taking over of Twitter by the Tesla chief. Ripple’s top executive has alleged the centibillionaire of wishing to use the social media giant to give  "better treatment to political speech that he favors." Read Also: 1.17 Trillion SHIB Whale Buys $4 Million in APE, $1.5 Million in SAND. Ripple CTO's word against that of Elon Musk David Schwartz has responded to yesterday's tweet by the Tesla boss, in which the centibillionaire suggested his vision of the optimal moderation policies for any social media platform. Recently, Musk offered to buy Twitter at $54.20 for over $41 billion in cash t...
Ethereum co-founder speaks out against attempting hostile takeover Twitter
Cryptocurrency

Ethereum co-founder speaks out against attempting hostile takeover Twitter

Ethereum co-founder Vitalik Buterin has spoken out against attempting hostile takeovers of social media companies. The billionaire programmer agrees that they could have very serious ramifications, as stated in his recent tweet. He doesn’t rule out that an ethically-challenged foreign government could potentially make such a move. In the same vein, Buterin said he wasn’t against Musk taking over Twitter compared to leaving things as they are present. Read Also: Charles Hoskinson Teases Bitcoin, Doge, and Cardano Cross-Chain for "Decentralized Twitter" The Ethereum co-founder claims that Ethereum is a “public utility”. He believed that wealthy people should not be permitted to take over social media platforms reason being that they tend to combine low monetizatio...