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Facebook’s Libra Could Do to the Payment Sector What Elon Musk's SpaceX Did to the Space Industry, Binance Research Reveals

Facebook’s Libra Could Do to the Payment Sector What Elon Musk's SpaceX Did to the Space Industry, Binance Research Reveals

Libra has released its updated whitepaper, marking several significant changes towards providing individual stablecoins for major fiat currencies, including USD, EUR, GBP, and Libra Coin.

Elon Musk Says SpaceX Holding Bitcoin, Tesla Likely to Begin Accepting BTC Payment Again

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.

Tesla Records $23M Impairment Loss on BTC, Despite Revenue and Profit both Exceeded Expectations in Q2 Financial Report

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.

Musk Says SpaceX will Follow Tesla's Lead in Adding DOGE Payments

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).

Elon Musk Plans to Launch AI Startup to Compete with OpenAI

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.

Elon Musk To Deliver Starlink Within Weeks with Up to $30B Investment

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.

The SpaceX Token Scam: A Cautionary Tale in Cryptocurrency Fraud

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

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.

Bitcoin on Track to Break $40,000 Resistance as About $1.1B Positions in Crypto Gets Liquidated

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.

Dogecoin Becomes the First Cryptocurrency to Enter Space amid "DOGE-1 Moon Landing Mission"

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

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.

Has Tesla's Elon Musk Been Buying Bitcoin with Michael Saylor's Playbook?

Has Tesla's Elon Musk Been Buying Bitcoin with Michael Saylor's Playbook?

Less than a month ago, MicroStrategy’s CEO Michael Saylor offered to share his Bitcoin playbook with SpaceX founder Elon Musk—did Musk accept the offer?

Elon Musk Confirms Russian Bitcoin Ransomware Attack Targeting Tesla, FBI to the Rescue

Elon Musk Confirms Russian Bitcoin Ransomware Attack Targeting Tesla, FBI to the Rescue

Elon Musk confirmed that Tesla was recently targeted in a ransomware attack set to extort $1 million in Bitcoin from the car manufacturing giant.

Digital Currencies and Tokenization Might be a Dominant Factor in the Future, says DBS CEO

Digital Currencies and Tokenization Might be a Dominant Factor in the Future, says DBS CEO

Piyush Gupta, the CEO of Singaporean multinational banking corporation DBS, believes that the digital currencies and tokenization of assets is now a reality, which might be a dominant factor in the future.

Billions May Soon Enter Bitcoin as More Entrepreneurs Are Looking Up to Elon Musk, says Crypto Analyst

Billions May Soon Enter Bitcoin as More Entrepreneurs Are Looking Up to Elon Musk, says Crypto Analyst

Crypto trader Carl Martin trusts that entrepreneurs are keeping a keen eye on the Bitcoin moves made by Elon Musk

Elon Musk Influence on the Price of Bitcoin Has Almost Faded Away

Elon Musk Influence on the Price of Bitcoin Has Almost Faded Away

The price of Bitcoin which surged after Elon Musk updated his Twitter profile status to feature Bitcoin is now dropping. The CEO's influence did not usher in a new BTC ATH.

Elon Musk Says "Dogecoin Is The People's Crypto"

Elon Musk Says "Dogecoin Is The People's Crypto"

Elon Musk just declared that "Dogecoin is the people's crypto," sending the price of the cryptocurrency up by more than 53% in the past 24 hours.

Dogecoin (DOGE) now Available for Purchase at 1,800 ATMs in 45 US States

Dogecoin (DOGE) now Available for Purchase at 1,800 ATMs in 45 US States

Dogecoin, the meme-based cryptocurrency, can now be purchased directly from Coinflip ATMs in 45 of the 50 US states.

Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs

Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs

The NFT hype has been escalating and many artists and celebrities have capitalized on the trend to produce a NFT of their own.

Elon Musk says He’s “Off Twitter For a While” After Sending DOGE and BTC Soaring

Elon Musk says He’s “Off Twitter For a While” After Sending DOGE and BTC Soaring

Elon Musk is taking a break from Twitter after a few weeks of market-moving opinions on Dogecoin and Bitcoin.

Elon Musk, The Richest Person on Earth, Wants to Be Paid in Bitcoin

Elon Musk, The Richest Person on Earth, Wants to Be Paid in Bitcoin

Elon Musk, Tesla CEO responded to a tweet posted by screenwriter Ben Mezric by saying: “he would never turn down being paid in Bitcoin.”

HSBC Chief Legal Officer Stuart Levey Gets Appointed as Libra’s New CEO, Expert in Dealing with Regulatory Backlash

HSBC Chief Legal Officer Stuart Levey Gets Appointed as Libra’s New CEO, Expert in Dealing with Regulatory Backlash

The Libra Association appointed its first CEO, Stuart Levey, the Chief Legal Officer at HSBC Holdings. Levey will be overseeing the Libra digital currency and payments system and holds a strong compliance track record and is expected to join Libra in the coming months. However, HSBC has not shown the same upright compliance record. Levey is also expected to “combine technology innovation with robust compliance and regulatory framework.” The Facebook-led project has invited scrutiny from global regulators, with concerns over its threat to national sovereignty with its potential launch. Many of Libra’s original members, including Vodafone, PayPal, and Visa have also chosen to leave the association.

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