The former Binance CEO speculated that X’s bot detection algorithm “needs some work” after the platform implied he “potentially violated the X Rules” by changing his profile name. Social media platform X (formerly Twitter) restricted the account of former Binance CEO Changpeng “CZ” Zhao without explanation other than suggesting he “may have potentially violated the…
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The CNMV’s head reiterated that networks are responsible for taking measures against investment promotions by unlicensed entities. The National Stock Market Commission (CNMV), Spain’s principal securities market regulator, called out fraudulent crypto assets promos on X (formerly Twitter) and reiterated the obligation of companies to comply with local laws. On Nov. 8, in a speech at…
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Sam Altman posted a meme on X accusing Grok of being a GPT designed to make grandpa jokes, to which Musk clapped back in true form. The launch of Elon Musk’s new “Grok” artificial intelligence (AI) system may not have yet made waves throughout the machine learning community or directly threatened the status quo, but…
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The CME booms as the crypto industry anticipates the approval approval of a spot Bitcoin ETF in the United States. The crypto industry continues to anticipate the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States as more investment managers file amended applications with the Securities and Exchange Commission (SEC). The high…
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Social media company X is now worth less than half of what Elon Musk paid for Twitter, according to internal documents quoted by the press. The billionaire investor purchased the platform, Twitter at the time of acquisition, for $44 billion last October. He has previously admitted to overpaying for it. Social Media Giant X Worth…
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Elon Musk assured those attempting to “weaponize” the Community Notes feature would be immediately found out. Posts corrected by X’s community-driven fact-checking feature will be “ineligible for revenue share” to stem the flow of misinformation and sensationalism, said Elon Musk. In an Oct. 29 X post, the executive chairman said misleading or inaccurate posts “corrected”…
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Elon Musk envisions X as an all-encompassing financial platform, embracing every aspect of users’ financial lives, from money and securities to eliminating the need for traditional bank accounts. Elon Musk’s venture, X (formerly known as Twitter), aims to position itself as a central financial hub, encouraging individuals to consider using X as their primary financial…
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Crypto Eri, a prominent figure in the cryptocurrency community, contacted Elon Musk on X, seeking clarification about the account suspension. X (formerly Twitter) executive chair and chief technical officer Elon Musk has faced criticism for the suspension of an XRP-related account. Crypto Eri, a well-known figure in the cryptocurrency community, directly reached out to Elon…
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U.S. Securities and Exchange Commission (SEC) is trying to force Elon Musk to testify in its probe into his purchase of Twitter, now X. After some back and forth, the billionaire investor bought the social media platform for $44 billion in October 2022 and the SEC’s probe is focused on Twitter shares he had acquired…
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The crypto community has asked Elon Musk to remove the X account under the name of Satoshi Nakamoto, claiming it is in breach of the platform’s terms of use. Members of the crypto community have rallied behind a post on X (formerly Twitter) calling for owner Elon Musk to remove a profile claiming to be…
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