Elon Musk

Elon Musk is a prominent figure in the world of cryptocurrencies, known for his involvement and influence within the industry. As the CEO of Tesla and SpaceX, Musk has garnered significant attention for his interest and support of digital currencies like Bitcoin and Dogecoin. While his statements and actions have had a notable impact on the market, it is important to approach his involvement with a critical lens, considering the volatile nature of cryptocurrencies. Musk's tweets and public endorsements have often led to significant price fluctuations, causing both excitement and concern among investors.


Finance

A New Crypto Scam Shows Perils of Elon Musk's Twitter

A purported $25 million giveaway of a token called GBTC – letters better associated with the $13 billion Grayscale Bitcoin Trust – is an obvious fake.

(Wikimedia Commons)

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

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)

Tech

Why You Should Care About Litecoin: It's the Backbone of Dogecoin

Litecoin, a blockchain cloned from Bitcoin in 2011 that underwent a key milestone on Wednesday known as a “halving,” provides network security to Dogecoin via a process called “merged mining.” Dogecoin is a frequent social-media topic for Tesla CEO Elon Musk.

(Minh Pham/Unsplash)

Web3

Suku May Beat Musk to Crypto Twitter Payment Adoption

Last week, Web3 wallet Suku teamed up with Polygon to release a free open-edition NFT collection – during which users minted over 50,000 NFTs directly on Twitter.

Suku and Polygon's Twitter-based NFT mint (Suku)

Opinion

Twitter Is Dead. Long Live Crypto Twitter?

Elon Musk's rebranded X.com used to be the white-hot center of the crypto world. What comes next?

(Steve Jurvetson/Wikimedia Commons)