CRYPTOCURRENCY
The SpaceX Token Scam: A Cautionary Tale in Cryptocurrency Fraud
SpaceX Tokens, a cryptocurrency linked to SpaceX, are allegedly used for decentralized funding and community engagement, but evidence suggests they are part of a scam involving fake advertisements and social media.
SpaceX dropping $373M worth of Bitcoin led to crypto market crash
After the publishing of the news, the price of Bitcoin experienced a significant drop of around 10% within 10 minutes, causing the cryptocurrency's value to fall to $25,166 on Binance. The OKX perpectual bitcoin price even plunged to $24,098.
Elon Musk Plans to Launch AI Startup to Compete with OpenAI
Elon Musk is reportedly assembling a team of AI researchers and engineers to launch an AI startup to compete with OpenAI. Musk is said to be in talks with existing investors from SpaceX and Tesla for investment in the new venture. In addition, Musk has recently incorporated a company named X (X.AI) and changed the name of Twitter to "X Corp" as part of his plans to create an "everything app" under the "X" brand. Meanwhile, Amazon Web Services (AWS) has launched the Bedrock initiative to allow its users to build generative AI from foundation models.
Musk Says SpaceX will Follow Tesla's Lead in Adding DOGE Payments
Tesla CEO Elon Musk tweeted that in the near future his space venture company SpaceX plans to introduce payments with his favourite crypto asset, dogecoin (DOGE).
Tesla Records $23M Impairment Loss on BTC, Despite Revenue and Profit both Exceeded Expectations in Q2 Financial Report
American electric vehicle manufacturer Tesla released its second-quarter financial report on Monday. The company recorded a $23 million impairment loss on Bitcoin subject to the recent volatility.
Bitcoin on Track to Break $40,000 Resistance as About $1.1B Positions in Crypto Gets Liquidated
Bitcoin is on track to break through the $40,000 price level after receiving several bullish fundamentals over the weekend. BTC has gained a huge pace at its price, forcing over a billion liquidations in the market.
Elon Musk Says SpaceX Holding Bitcoin, Tesla Likely to Begin Accepting BTC Payment Again
Elon Musk reveals that SpaceX is a Bitcoin investor and Tesla is likely to resume accepting bitcoin as a form of payment.
Elon Musk To Deliver Starlink Within Weeks with Up to $30B Investment
Billionaire entrepreneur Elon Musk revealed the Starlink satellite internet network of SpaceX has been launched, expecting the internet broadband internet to go online globally (except poles regions) within weeks before August.
Dogecoin Becomes the First Cryptocurrency to Enter Space amid "DOGE-1 Moon Landing Mission"
On May 9, Geometric Energy Corporation (GEC), a logistics firm headquartered in Canada, officially announced the "DOGE-1 Moon Landing Mission."
Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020
On July 4th, Kanye West expressed his wishes to run for President in the 2020 presidential race. This is exciting news for Bitcoin, as Kanye has on several occasions expressed his support for the cryptocurrency.