ShapeShift CEO Erik Voorhees expects Bitcoin to reach $40,000 by the summer, while Tim Draper has stood by his $250,000 prediction for the second year running. There is little agreement among Bitcoin’s commentators over the last few weeks, with crypto execs, research analysts and billionaire investors offering wildly different takes on what’s in store for…
Twitter’s crypto division head Tess Rinearson has exited her position amid a massive number of both layoffs and employees quitting in the wake of billionaire Elon Musk’s acquisition of the company, Bloomberg reported. It’s unclear how Elon Musk’s takeover and Rinearson’s departure will impact Twitter’s embrace of NFTs. Internal strife and staff reduction have been…
Changpeng Zhao, CEO of the world’s largest crypto exchange Binance, says he’d be willing to join Twitter’s board of directors if invited by its new owner Elon Musk. Zhao says Musk has “lots of things to change,” including firing Twitter employees. While speaking at Web Summit 2022 in Lisbon, Portugal, Changpeng “CZ” Zhao said that…
Twitter will let users display NFT marketplace listings from some platforms, as well as let them buy and sell digital collectibles. The integration could come in handy in Elon Musk’s plan for Twitter to be sustainable. The social media platform announced on Oct. 27 that it will let users buy, sell, and display NFTs from…
Crypto exchange Binance has confirmed its role as an equity investor in Elon Musk’s acquisition of Twitter. The exchange also told Decrypt it is creating an internal team to help Twitter fight bot accounts using blockchain and crypto technology. The world’s largest crypto exchange revealed it has invested $500 million as one of the equity…
Twitter appears to be on track to develop a cryptocurrency wallet feature, tech blogger Jane Manchun Wong says. This move could potentially turn Twitter into a full-fledged Web3 platform. Meantime, Elon Musk would reportedly be the new owner of Twitter by Oct. 28. According to popular tech blogger Jane Manchun Wong, the social media giant…