BITCOIN
What is Bitcoin?
Bitcoin (BTC) is the first cryptocurrency created by Satoshi Nakamoto in 2008. With the underlying technology blockchain, bitcoin has redefining money in terms of money form, money issuance standard and money movement. Bitcoin has a limit of 21 million coins and uses proof-of-work (POW) consensus. In some sense, bitcoin removes our reliance on central banks and traditional financial institutions that we have to trust on. Bitcoin brings monetary freedom.
Bitcoin (BTC) is the first cryptocurrency created by Satoshi Nakamoto in 2008. With the underlying technology blockchain, bitcoin has redefining money in terms of money form, money issuance standard and money movement. Bitcoin has a limit of 21 million coins and uses proof-of-work (POW) consensus. In some sense, bitcoin removes our reliance on central banks and traditional financial institutions that we have to trust on. Bitcoin brings monetary freedom.
Twitter introduces content creator subscriptions
Twitter now allows content creators to monetize their posts through subscriptions, offering exclusive content to paying followers. Creators can keep 97% of revenue up to $50,000, with a revenue split of 80% after. Twitter has partnered with Stripe to process payments and will use AI to combat misinformation.
Twitter introduces content creator subscriptions
Twitter now allows content creators to monetize their posts through subscriptions, offering exclusive content to paying followers. Creators can keep 97% of revenue up to $50,000, with a revenue split of 80% after. Twitter has partnered with Stripe to process payments and will use AI to combat misinformation.
Twitter Enables Monetization for Creators
Twitter users can now monetize their content via a new subscription service, allowing creators to charge followers a monthly fee for access to exclusive content. Twitter has partnered with Stripe to payout creators and will take a 3% cut up to $50,000, after which the revenue split drops to 80%. The feature is part of Tesla CEO Elon Musk’s ongoing effort to revamp the social media platform, which includes using artificial intelligence to detect and deter misinformation.
KuCoin Twitter Hack Leads to Loss of Funds
KuCoin's official Twitter account was hacked, leading to users losing their funds in a fake giveaway event. The exchange pledged to reimburse the victims and improve security measures to prevent similar incidents. This incident highlights the growing trend of hackers taking over official Twitter accounts of crypto exchanges and NFT projects to promote scams.
Binance Executive Accuses Former FTX CEO of Spreading Fake Rumors
Binance executive Patrick Hillmann accused former FTX CEO Sam Bankman-Fried of spreading fake rumors on Twitter to denigrate Binance CEO Changpeng Zhao. Hillmann claimed that Bankman-Fried used his influence to label CZ as an "evil Chinese" to perpetuate alleged scams at FTX.
Twitter Rolls Out Bitcoin Price Quotes
Twitter has added Bitcoin price quotes to its social media platform, powered by TradingView. A link to Israeli cryptocurrency exchange eToro is also included, where users can buy or sell Bitcoin.
Twitter and Alibaba Enter Global AI Race
Twitter and Alibaba are reportedly integrating artificial intelligence (AI) into their businesses. Meanwhile, Gemini co-founders Tyler and Cameron Winklevoss have funded their business with a $100 million personal loan. This week’s Crypto Biz also covers MetaMask's new feature for purchasing cryptocurrency and Alibaba's new chatbot assistant.
Twitter to Add Cryptocurrency Trading
Twitter is partnering with fintech firm eToro to offer a new feature allowing users to trade cryptocurrencies and stocks. The feature will be accessed via a "view on eToro" tab, taking users to eToro's trading platform. This is the first major deal for Twitter since Elon Musk took over as CEO.
Elon Musk Moves Forward with AI Plans for Twitter
Elon Musk’s recent purchase of nearly 10,000 graphics processing units (GPUs) indicates his commitment to an AI project at Twitter. The project is reportedly in its early stages and uses a large language model. Musk has previously expressed concerns about AI and signed an open letter to halt its development.
Twitter disables actions on tweets with Substack links
Twitter users are unable to interact with tweets containing links to Substack pages, receiving error messages that some actions on the tweet have been disabled by Twitter. It is unclear whether this is a bug or an intended feature. The problem arose around the same time that Twitter cut off the ability for Substack users to embed tweets in their posts. This issue comes after recent mysterious changes to Twitter, and the announcement of Substack's "Notes" application, which is seen as competition to Twitter.