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Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’

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Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be at the helm of the social media giant in less than two months’ time. … Read more

Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy

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Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to respond to subpoenas sent via Twitter. Su Zhu, one of the co-founders, recently tweeted about his new crypto venture, Open Exchange. The exchange aims to provide users with the ability to trade or … Read more

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

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The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed that the staff cuts are true and Huobi plans … Read more

Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’

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Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching the stablecoin asset tether over to usd coin, and the firm is offering “zero … Read more

Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations

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A Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The company has rejected the allegations in the anonymous attack, which comes after Nexo offered a buyout deal to troubled rival Celsius. Anonymous Allegations Against Co-Founders Circulated on Social Media A Twitter user going … Read more

Musk Trolls Buffett With Fake Quote on Twitter, Then Deletes It

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Elon Musk went after Bitcoin hater Warren Buffett recently, sharing what looked like a bullish crypto quote attributed to the billionaire investor. The tech entrepreneur, whose comments on social media have been moving crypto markets this year, later removed the post with the obviously fake Buffett statement. Elon Musk Finds Buffett’s ‘Best Financial Advice’ Tesla … Read more

Bitcoin Dips as Elon Musk Tweets Broken Heart Emoji

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The price of the leading cryptocurrency took a hit after billionaire Elon Musk mentioned Bitcoin in a new tweet hinting at a breakup. Musk’s latest crypto post, featuring a broken heart emoji and a reference to a Linkin Park song, effectively halted this week’s market rebound. Musk Tweet Pushes Bitcoin Price Down Before the Weekend … Read more

Myspace Tom Anderson is ‘Buying The Dip,’ Posts Laser Eyes Meme on Twitter

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Myspace founder Tom Anderson has joined the heated chatter surrounding the recent crypto market drop. The now-retired entrepreneur expressed his feelings about the situation, posting a laser eyes photo of himself accompanied with a short caption, “Buying The Dip.” Myspace Tom Tweets in Support of Bitcoin Tech entrepreneur and Myspace cofounder Tom Anderson took to … Read more

Peter Schiff Forgets Bitcoin Wallet Password, Blames Bitcoin

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Peter Schiff hates Bitcoin almost as much as bitcoiners hate Schiff. The gold bug makes a point of dissing the cryptocurrency whenever he can, despite the hypocrisy of accepting BCT on his own website. Today, the eccentric entrepreneur found a new reason to rip on bitcoin after forgetting his wallet password – and apparently Bitcoin … Read more