The world’s eyes turned in excitement to the battle between Elon Musk’s Twitter and Mark Zuckerberg’s Threads, but users emerged as the real losers. When Threads launched on July 5, it reported gaining more than 100 million organic users in the first five days, and it became clear the public was interested. The ease of…
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Musk said in a recent interview that if done right, X has the potential to become half of the global financial system. The popular social media platform Twitter officially rebranded to X after months of teasing by its former CEO, Elon Musk. The rebranding saw the popular social media app ditch its recognizable bird logo…
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Hayden Adams’ account released a tweet encouraging its more than 254,000 followers to click on a malicious link, falsely claiming that users’ tokens were at risk. Members of Crypto Twitter have quickly identified and warned others against a scam being pushed by Uniswap founder Hayden Adams’ compromised account. The “Web3 Security Alerts” channel on Telegram…
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Tesla’s Q2 2023 Update reveals that the American electric car and clean energy company refrained from selling any of its bitcoin (BTC) or cryptocurrency holdings in the previous quarter. For the past three quarters, Tesla has maintained a digital asset portfolio worth approximately $184 million. Tesla Holds Steady on Bitcoin in Q2 2023, Maintains $184M…
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In response to a Zerohedge article titled “The Two Causes of the Coming Great Depression,” Spencer Schiff, son of gold advocate Peter Schiff, labeled the argument “pure fearmongering.” Spencer said he has distanced himself from his dad’s views and now predicts a “hyperdeflationary economic boom.” Notably, the former staunch bitcoin supporter anticipates BTC’s price will…
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Users who shared links to a waitlist for the Arkham service had their email addresses exposed on Twitter due to how the references were encoded. Arkham, a “blockchain intelligence company,” announced what it’s calling the “world’s first on-chain intelligence exchange” on July 10 alongside the launch of a new coin, ARKM, through Binance’s Launchpad service.…
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Threads are already seeing potential crypto scammers arrive on the platform as Crypto Twitter personas warn of impersonators on the app. Scammers appear to have wasted no time since the launch of Meta’s new microblogging app — with several high-profile Crypto Twitter users already warning of imposter accounts on Threads. Threads was launched on July…
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This week’s Crypto Biz also explores Gemini’s fight with the Digital Currency Group (DCG) over user funds, new banking tools for the digital yuan, and OpenAI’s efforts to stop users from jumping paywalls. Twitter’s plans to roll out a payment platform took a major step forward this week as its subsidiary, Twitter Payments, received its…
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Twitter made an announcement on July 5, revealing that it has been granted money transmitter licenses by three states: Missouri, Michigan, and New Hampshire. These licenses are a part of Twitter’s endeavor to secure money transmitter licenses in all 50 U.S. states. With these recent approvals, Twitter can now function as a payment provider within…
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Another impact of Elon Musk’s Twitter limits is lower search visibility on Google, according to SEO experts. Twitter’s new rate limits severely affect the indexing and display of tweets on Google’s search engine, limiting the reach of the information shared on the microblogging site. According to web search industry outlet Search Engine Land, Google Search…
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