Twitter’s decision to rebrand to X has not been received well by a section of the platform’s users. However, the company says the move is necessary to help it achieve its vision of being an “everything app.” Economic researcher Asuna Gilfoyle tweeted on Thursday saying that Twitter could consider integrating with crypto in the future. He claimed Bitcoin and Dogecoin were the crypto assets likely to be accepted as payment by Elon Musk’s company.
Meanwhile, for those not impressed by Twitter’s new “X” logo, prominent crypto developer @0xCygaar has provided a solution for you. On Wednesday, he released a Chrome extension that reverts the X logo back to the bird logo. If interested, visit his Twitter account to get the download link for the Chrome extension.
In another story, Beeple, the digital artist who made the biggest sale in the history of NFT, took to Twitter last Tuesday to reveal that he had never bought an NFT profile picture. He, however, said he was considering buying one. He then went ahead to ask his followers to give him some advice in regard to that.
KuCoin Denies Claims of Layoffs
That day, popular blockchain journalist Colin Wu tweeted about crypto exchange KuCoin letting go of 30% of its workforce, citing declining profits as the major reason. However, the CEO of the Seychelles-based trading platform, Johnny Lyu, rubbished Wu’s news explaining that his company was doing well financially. He also added that KuCoin did not lay off workers, but rather, it cut ties with them after conducting a performance appraisal, which the company does regularly to keep it competitive.
On Wednesday, crypto lawyer @MetaLawMan wrote about the next possible move by the US Securities and Exchange Commission following the court’s ruling that deemed XRP token a non-security. The law expert said the agency may file a request for interlocutory appeal within the next two weeks.
Later that day, blockchain observer @SpreekAway revealed that decentralized finance protocol EraLend had been exploited, with $1.7 million in USDC stolen.
Worldcoin Launch Faces Criticism From Prominent Crypto Players
Wednesday was a busy day as the launch of Worldcoin finally took place. The project’s co-founder Sam Altman shared a video of people in different parts of the world queuing to get their irises scanned in exchange for free WLD tokens. Worldcoin claims it wants to create an inclusive financial network to bank the unbanked. However, several crypto players, including Ethereum’s boss Vitalik Buterin have expressed concerns over the project’s security. Most of them have warned crypto users against scanning their irises.
On Thursday, an unfortunate incident was shared by news account @DailyLoud. It reported that Fernando Perez Algaba, the missing millionaire crypto influencer, had been found dead.
That day, @PopPunkOnChain, a crypto enthusiast known for trolling Yuga Labs, the company behind the Bored Ape Yacht Club NFT collection, reminded everyone how the firm allegedly stole the Bored Ape kennel Club logo from a free art tutorial website. He requested Yuga Labs to compensate the actual artist of its collection’s logo.
Meanwhile, author Jason Lowery, who wrote SoftWar, a novel theory on “power projection and the national strategic significance of BTC,” said he was ordered by the US authorities to take down the book from all online stores and stop talking about the subject publicly.
SureTradeGroup.com is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Some of the content on this site is paid content that is not written or posted by our writers or editors and the opinions expressed do not reflect the opinions of this website. Any disagreement you may have with brands or companies mentioned in articles will need to be taken care of directly with those specific brands and companies. The responsibility of anyone who may click links in our articles and ultimately sign up for that product or service is their own. Forex, Stocks, Cryptocurrencies, NFTs and Dogital Tokens are all a high-risk asset, investing in them can lead to losses. Readers should do their own research before taking any action.