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Markets

Elon Musk-Inspired 'Go F--K Yourself,' Cybertruck Tokens Surge Among Microcap Punters

Tokens like GFY, TRUCK and GROK tied to Musk's products and recent statements have popped up on Ethereum and other blockchains.

(Steve Jurvetson/Wikimedia Commons)

Markets

GROK Tokens, Inspired by Elon Musk’s ChatGPT Rival, Pop up on Blockchains

While unrelated to the actual Grok service, the inspired tokens are quickly gaining a following among low-cap traders.

(Steve Jurvetson/Wikimedia Commons)

Videos

Friend.tech: The Legal and Tax Ins and Outs of This Year’s Hottest Crypto App

Friend.tech, a decentralized social media platform in which you can buy and sell “keys” in your friends on X, whose value can go up and down, has become a viral sensation, racking up as many as 100,000 users since launching on August 10. Securities and banking law professor at George Mason Law School JW Verret, and tax partner and co-head of the Digital Assets and Blockchain Practice at Fried Frank Jason Schwartz, share their thoughts.

Unchained

Videos

Vitalik Buterin's X Account Is Hacked; Altcoins Start Week in the Red

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including an update on Ethereum founder Vitalik Buterin's X account getting hacked. Ripple’s XRP token has dropped over 5% in the past 24 hours. Coinbase clarifies its stance on operations in India. And, the former CEO of Algorand is set to lead a company that will take over bankrupt crypto lender Celsius’ operations.

Recent Videos

Videos

U.S. Court Calls ETH a Commodity; Binance to 'Gradually' End Support for BUSD Products

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories in crypto today. Elon Musk's social media platform, X, obtains money or currency transmitter licenses in seven U.S. states. A New York court is classifying ether and bitcoin as "commodities", what it means for a proposed class action lawsuit against Uniswap. Plus, the timeline for Binance ending support for its BUSD stablecoin.

Recent Videos

Videos

Elon Musk's X Obtains Licenses in Multiple U.S. States to Process Payments, Including Crypto

Elon Musk's social media platform, X (formerly Twitter), has obtained payments licenses from several U.S. states in recent months, including a currency transmitter license in Rhode Island that is required for offering crypto services. "First Mover" hosts Jennifer Sanasie and Amitoj Singh weigh in on the social media platform's exploration of payment options.

Recent Videos

Finance

Elon Musk's X Has Licenses in Multiple U.S. States to Process Payments, Including Crypto

Musk's social media platform, X, formerly Twitter, has obtained money or currency transmitter licenses in seven U.S. states including Maryland, New Hampshire and Rhode Island.

Elon Musk (Daniel Oberhaus/Flickr)

Opinion

Will Crypto Ever Be Rid of Influencers Like BitBoy?

Ben Armstrong may lose access to the brand he helped build, but crypto's hype men will always have a place.

Ben Armstrong (Ben Armstrong/YouTube)

Opinion

Vitalik Buterin Has Thoughts on Social Media Fact Checking

Ethereum's founder applauds Elon Musk's “Community Notes” tool for taking a crack at “credible neutrality.”

DENVER, CO - FEBRUARY 18: Ethereum co-founder Vitalik Buterin speaks at ETHDenver on February 18, 2022 in Denver, Colorado. ETHDenver is the largest and longest running Ethereum Blockchain event in the world with more than 15,000 cryptocurrency devotees attending the weeklong meetup. (Photo by Michael Ciaglo/Getty Images)

Finance

Elon Musk’s X Seeks Data Partner to Build Trading Service on App: Semafor

Given the billionaire's affinity for digital assets, the offering could include crypto trading.

(Steve Jurvetson/Wikimedia Commons)