Twitter Reportedly Halts Work on Crypto Wallet
Social media platform Twitter has halted its plans to build a crypto wallet as part of ongoing changes kickstarted last week by its new owner, Elon Musk, according to online publication Platformer. Mask Network CEO Suji Yan shares his insights about the future of Twitter, as Bluesky, the decentralized social network initiative backed by Twitter founder Jack Dorsey, gets thousands of signups for its beta version's waitlist.
Could Elon Musk Turn Twitter Into a Super App?
Ark Investment CEO Cathie Wood predicts Elon Musk could turn Twitter into a "super app" following his $44 billion takeover of the social media giant. CoinDesk Executive Director of Global Content Emily Parker discusses China's "super apps" and whether a similar version could succeed in the U.S.
Fed Suggests Shift in Tightening Policy; Rogue Actor Disrupts Lightning Network With One Transaction
The U.S. Federal Reserve hinted a potential change in its monetary policy at its latest meeting Wednesday. Twitter user "Burak" (@brqgoo) allegedly created a non-standard Bitcoin transaction that prevented users from opening new Lightning channels. Bitcoin miner Iris Energy (IREN) said some of its mining equipment, owned by special-purpose vehicles, aren't producing enough cash to meet financing obligations.
Elon Musk Wants to Charge Twitter Users $8 a Month for Verification
Elon Musk wants Twitter users to pay a monthly fee to keep their blue verified checkmark. The billionaire tweeted in part, "Power to the people! Blue for $8/month." "The Hash" hosts discuss how Ethereum co-founder Vitalik Buterin and Binance's CZ are responding to the planned changes and the role crypto could play in Twitter's future.
Dogecoin and Meme Tokens Are in Season in India
Dogecoin has been on the rise since Elon Musk's official takeover of Twitter. "DOGE is still probably the top traded crypto in India right now," says WazirX co-founder Nischal Shetty. He discusses the growing trend of meme tokens in India.
Dogecoin Soared Over 100% in October as Elon Musk Takes Over Twitter
Dogecoin (DOGE), the shiba inu-themed meme coin, led all gainers for October after rising over 100%, about 90% of which occurred during the last week. This comes as Tesla CEO Elon Musk completed his $44 billion takeover of Twitter and teased integrating with DOGE. "The Hash" panel discusses the DOGE surge and what this could mean for Twitter.
Twitter Bot Issue Goes Beyond People Trying to Pump Coins: Binance Exec
Binance Chief Strategy Officer Patrick Hillmann addresses Twitter's bot issue, saying "these AI bots are out there ruining our reputation as an industry." He also discusses the future of Twitter under Elon Musk.
